‘Is A College Degree Still Worth It?’ - Why The Skilled Trades Are Winning The Job Market’
Bruce Crumley at Inc. reports new data showing work for Skilled Workers - especially those supporting AI (Artificial Intelligence) use - has grown by triple digits, even as openings for recent college grads dry up. Compounding evidence is reinforcing suspicions that the post-WWII era of college degrees providing a ticket to higher-paying jobs may be coming to an end. Not only does recent employment data indicate salaries for Skilled Laborers are rising at the strongest rates in the workforce, but now a growing number of the world’s university graduates are also expressing buyers’ remorse over their investment in higher education, and the decreasing occupational returns those are generating. People who develop manual skills that are now being increasingly sought by businesses are feeling pretty good about their decisions - and the income those are producing. According to data crunching by Dutch Employment Company Randstad, the demand for Workers with high-growth application skills - particularly in areas vital to AI deployment - have benefitted from huge salary increases in the last few years. Those include a 30% pay bump for many Skilled Workers in the U.S.
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