Wednesday, January 19, 2022

g-f(2)835 THE BIG PICTURE OF THE DIGITAL AGE (1/19/2022), The New York Times, Millions Have Lost a Step Into the Middle Class, Researchers Say




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"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital agePersonal Digital Transformation, Millions Have Lost a Step Into the Middle Class (1/19/2022)  g-f(2)426 


Lessons learned, NYT

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Millions Have Lost a Step Into the Middle Class


  • Over the last two decades, workers without four-year college degrees have lost ground in the occupations that used to be ladders to middle-class lives for them and their families.
  • While the trend has been well known, putting a number on the lost steppingstone jobs has been elusive. A new study, published on Friday, estimates that such workers have been displaced from 7.4 million jobs since 2000.
  • The research points to the persistent challenge for the nearly two-thirds of American workers who do not have a four-year college degree, even as some employers have dropped the requirement in recent years.


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References



ABOUT THE AUTHORS


Steve Lohr


Steve Lohr has covered technology, business and economics for The New York Times for more than 20 years. In 2013, he was part of the team awarded the Pulitzer Prize for Explanatory Reporting. He was a foreign correspondent for a decade and served as an editor, and has written for magazines including The New York Times Magazine, The Atlantic and Washington Monthly.

He is the author of “Data-ism,” which examines the field of data science and decision making (Harper Business, 2015). He is also the author of a history of software and computer programming, “Go To” (Basic Books, 2001).


Extra-condensed knowledge



Lessons learned, NYT


Trying to encourage a shift to hiring and career development based on people’s skills  

Golden Knowledge (GK) Juice


  • Opportunity@Work is part of an emerging coalition of groups that seek to change the culture of hiring and promotion in corporate America. They are trying to encourage a shift to hiring and career development based on people’s skills rather than degrees.
  • Part of that effort is to create a body of research that highlights the problem but also the untapped potential of workers.
  • The group’s researchers analyzed employment trends across a wide variety of occupations. The jobs included business managers, nurses, software developers, sales supervisors, financial analysts, purchasing agents, industrial engineers and administrative assistants.


Condensed knowledge




Lessons learned, NYT


Some major companies have started to adjust their hiring requirements  

Golden Knowledge (GK) Juice


  • A previous study by Opportunity@Work, with academic researchers, dissected skills in different occupations and found that up to 30 million workers had the skills to realistically move to new jobs that paid on average 70 percent more than their current ones.
  • Some major companies have started to adjust their hiring requirements. Rework America Business Network, an initiative of the Markle Foundation, has pledged to adopt skills-based hiring for many jobs. Companies in the group include Aon, Boeing, McKinsey, Microsoft and Walmart.
  • OneTen, a nonprofit, has gathered commitments from dozens of companies to pursue the goal of hiring or promoting one million Black workers without college degrees to jobs with family-sustaining incomes over the next decade. The companies include Accenture, AT&T, Bank of America, Caterpillar, Delta Air Lines, IBM, JPMorgan Chase, Merck, Target and Wells Fargo.
  • The drive to increase work force diversity is one motivation for the change. Screening by college degree hits minorities particularly hard, eliminating 76 percent of Black adults and 83 percent of Latino adults.


Some relevant characteristics of this "genioux fact"

  • Category 2: The Big Picture of the Digital Age
  • [genioux fact deduced or extracted from NYT]
  • This is a “genioux fact fast solution.”
  • Tag Opportunities those travelling at high speed on GKPath
  • Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
  • Type of validity of the "genioux fact". 

    • Inherited from sources + Supported by the knowledge of one or more experts + Supported by research.


References


“genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)835, Fernando Machuca, January 19, 2022, blog.geniouxfacts.comgeniouxfacts.comGenioux.com Corporation.


ABOUT THE AUTHORS


PhD with awarded honors in computer science in France

Fernando is the director of "genioux facts". He is the entrepreneur, researcher and professor who has a disruptive proposal in The Digital Age to improve the world and reduce poverty + ignorance + violence. A critical piece of the solution puzzle is "genioux facts"The Innovation Value of "genioux facts" is exceptional for individuals, companies and any kind of organization.




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