I don't know that the examples used are the best ones.
The fossil fuel industry is dying, and oil itself is in a very volatile market, with a lot of things that trigger ups and mostly downs. And the industry cuts to the bone during the downs.
Secondly, the author talks of people accepting less skilled labor jobs for less pay. You can't expect to get back into the job market with skills that are no longer in demand and do well. So, of course those numbers are going to look bad.
People have to skill up. If they don't, they're in trouble.
There are job markets that are growing by leaps and bounds, but if you're not trained in those fields, you're out of luck. You have to get trained. You can't throw your hands in the air and say.... Well, I'm obsolete.
Unfortunately, people that have been in jobs for years, even generations, have a tendency to do that.
Automation is going to be a problem, but it's not as imminent and dire as that report made it sound.
It made it sound like everyone will be standing in unemployment lines in 10 years.
In my opinion, as a society, we need to help people to skill up. We're all in this together.
Posted 72 day(s) ago