Written by Robert Strohmeyer
Reviewed by Jessica Roper, MBA,聽director of Career Services at 澳门天天彩开奖记录
Amid economic upheaval since the start of 2023,聽聽lost their jobs.聽Impacted industries range from banking and media to technology and manufacturing. About half of those workers changed careers, industries or occupations, a trend that has held steady since 2019.
The emergence of new factors like artificial intelligence (AI) and job insecurity have made transitioning into a new role feel like an increasingly viable option,聽especially for information workers (people whose jobs center on expertise, creativity and customer service). Here, we look at why people are reconsidering their careers and what they should look at before making a change.
Once considered the safest bet in the American economy, information work has become commoditized in much the same way labor jobs were in the 1980s. The global workforce is now聽teeming with multilingual college graduates聽equipped with the skills the information economy demands. In response, employers have shifted their staffing strategies to tap into more聽cost-effective international labor markets.
This trend hit workers in North America and Europe in the early 2000s as India became a go-to source for tech labor, and it has accelerated during the past decade as emerging markets around the world have become more internet connected and tech educated. Today, there is no shortage of affordable markets for information labor, making it easier than ever for companies to聽offshore important jobs and save costs.
While it鈥檚 not yet clear how many information jobs have been lost to generative AI, the sudden emergence of technologies that can do a passable job at聽writing web content, producing graphic art and analyzing data聽is forcing specialized professionals in fields once considered safe from automation to reconsider their positions.
This current wave of聽generative AI applications聽is far from equal to the abilities of human professionals. (Just look at how badly AI art programs draw human hands for some good examples!) But the tech is rapidly improving, and the聽writing is on the wall.
Increased job hopping appears to correlate with an increased likelihood to switch careers too.
Generations X and Y, who make up the dominant share of the current working population, have consistently behaved very differently in the work world than their baby boomer parents. A聽聽found that boomers typically stay in one job for more than eight years, about 67% longer than their Gen X children do. (Gen X averages about five years per role.) Gen Y moves even more frequently, with an average of two years, nine months per job. Today, job security appears to be not only less desired, but less expected.
As people progress through life, their priorities and risk tolerance change. The聽, about the age 鈥渕id-life crises鈥 typically start kicking in.
But changing careers is about more than feeding a desire to feel younger. Mid-life employees generally enjoy聽more financial security聽than their younger counterparts, and they tend to have a better grasp on their own聽values and long-term aspirations.
It鈥檚 not surprising then that, as people聽hit middle age in the midst of a shifting job market, they鈥檙e reconsidering their original path and adapting to both a new reality and an evolved sense of their own needs and desires.
Changing jobs can be stressful, but changing careers can be downright scary if you鈥檝e been doing the same kind of work for a decade or more.
Particularly if you鈥檝e been promoted to a high-level role, you might worry about how moving into a field where you have little to no direct in-job experience will聽affect your earning potential and seniority.
Here are聽five things to ask yourself聽if you鈥檙e thinking about making a transition.
Depending on your current role and industry, you may think that your long-term prospects are relatively secure and that your path to positions of greater responsibility and compensation is evident.
Or you may see little opportunity for growth or job security down the road.
If you鈥檙e聽in a field that鈥檚 already being impacted聽by technological change, offshoring or other factors, you may have enough information to inform a decision.
While technological change and shifts in international labor supply-and-demand dynamics can be highly disruptive to the market, sometimes these forces open up聽new career opportunities聽as well.
When robotics disrupted factory jobs in the U.S., those who learned to operate the robots found new opportunities for growth. Similarly, if your industry is seeing an influx of AI-based tools that do the work humans have historically done, there will be opportunities for those who prove adept at operating and getting the best results from AI. It may be that with a few relevant聽professional development courses, you could聽prepare yourself for the change ahead聽rather than pivot away from it.
In most information jobs, the set of skills required day to day can be highly transferable between industries and jobs.
Where it used to be relevant to list all the software solutions you knew how to use, most employers now view specific software skills as learnable. Instead, ability to聽manage projects,聽collaborate,聽adapt to new technologies,聽lead teams聽and聽secure deals聽are all skills that transfer readily from one career to another.
As you consider a new career path, spend some time previewing job listings that interest you, paying close attention to the required skills they mention. You may be surprised at how many of the boxes you already check and how few are beyond your grasp.
Are you planning to work 10 more years? 20 or more? Having a sense of both the聽longevity of the change聽and the聽growth opportunities聽it presents in that time frame will be important to making an informed decision.
If your ambition is to continue a growth path into executive roles, you鈥檒l want to think seriously about how long you will need to work in the field to qualify for those opportunities. At the same time, if your time horizon is shorter and your goal is to downshift for more work-life balance, a big change could help facilitate that.
Whether you鈥檙e making a career change or looking for a leg up in your current field, a return to school can give you the boost you need to meet your goals. Going for that聽master鈥檚 degree聽or a聽certificate in a relevant skill set聽not only can add to your bona fides for the next position, but also give you a fresh perspective and breathe new life into a tired work routine. If a relevant degree or certificate is a prerequisite for the job change you want, it鈥檚 a good idea to get that process started sooner rather than later.
澳门天天彩开奖记录 offers a variety of ways individuals can enhance their聽skill set for the modern workplace. Depending on your educational goals, you might want to consider any of the following聽flexible, online options.
Online certificates: Upskilling doesn鈥檛 always require a degree. Many online certificates at UOPX can be completed in under nine months while enhancing skills in business, healthcare, IT and education.
Bachelor鈥檚 degrees: Gain a broad understanding of the world while honing your chosen skill set for your next career move.
Master鈥檚 degrees: In addition to enhancing your management and leadership know-how, master鈥檚 degrees at UOPX focus on career-focused skills.
Doctoral degrees: Prepare for leadership while contributing research that can make a positive impact in your community and beyond.
If switching careers is in your foreseeable future, you鈥檒l need more than an updated resum茅. Explore a variety of career resources at UOPX, including:
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Robert Strohmeyer is a serial entrepreneur and executive with more than 30 years of experience starting and running companies. He has served in leadership roles at three successful software startups over the past decade, and his writing on business and technology has appeared in such publications as Wired, PCWorld, Forbes, Executive Travel, Smart Business, Businessweek and many others. He lives in the San Francisco Bay Area.
Jessica Roper, 澳门天天彩开奖记录 director of Career Services, is a seasoned leader with over 15 years of experience in leadership within higher education. She has honed her expertise in student services and career development and is passionate about helping others discover and refine their skills.
This article has been vetted by 澳门天天彩开奖记录's editorial advisory committee.聽
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