Future Careers for the Emerging Generations

Thursday, January 05, 2017

In Australian there are more than 3.7 million school students around 1.5 million university students with another 1.2 million tertiary students in the vocational education sector. This means that more than 1 in 4 Australians are students and so an understanding of the future of work is an important area. 

Based on the current trends, almost half of the Year 12 students about to complete their exams will end up with a university degree. While they will start their earning years later, they will live longer and work later in life than any previous generation – on average, into their late 60’s. They will stay on average 1.8 years per job early in their career and average about 3 years per job over their working life which means they will have 17 different jobs in their lifetime, across an estimated 5 careers.

Some of the jobs they will hold don’t currently exist, just as mainstream jobs today such as app developer, social media manager and cyber security professional didn’t exist when they began their schooling. Already, working as a virtual reality engineer, cognitive computer expert, data visualisation designer or medical nanotechnologist is nothing unusual. This is very relevant in an area where almost 2 in 3 workers (63%) are white collar, employed in professional, managerial and administrative roles compared to less than half the workforce nationally (49%).

The last few years of disruption has shown us that any role that can be replaced by technology will be. While technology is great for automating systems and replacing repetitive functions, it is not strong at adapting to complex change and engaging with people. Therefore, to future proof careers and skills, today’s young people will need to develop their social interactions, their creative problem solving and their resilience to adapt to a constantly changing workplace. In other words, by being collaborative, responsive and innovative, today’s local students will be enabled to thrive in global careers, now and over the decades ahead.

WATCH MARK MCCRINDLE ON THE DAILY EDITION SPEAK ON THE JOBS OF THE FUTURE

1. Let’s look at education in Australia, how many students are there?

A total of 6.4 million students in Australia. 3.7 million school students, 1.5 million uni students and 1.2 million tertiary students in the vocational education sector.

2. So how will employment and careers look in the future for these current students?

Firstly, they will live longer than previous generations, work a lot later as well – into their late 60’s, they will move jobs more frequently, staying about 3 years per job, which means they will have 17 separate jobs in their life time and work in an estimated 5 careers. They will be a generation of lifelong learners having to plug back into education to upskill and retrain throughout their lives. In this era of online services like Uber, Airtasker and delivery services, we have seen the rise of the “gig-economy” and more of this generation will end up being freelancers, contractors or contingent workers than ever before. Recent research shows that a third of the national workforce currently participates in contingent work, and more than 3 in 4 employers believe that it will be the norm for people to pick up extra work through job related websites or apps.

3. So what are some of the jobs of the future and what is creating them?

Technology is the first driver. While it is replacing many jobs as seen in manufacturing sector it is also creating many new jobs such as virtual reality engineers, cyber security, nanotechnology digital services, block chain engineers.

4. Are there other factors that are creating emerging jobs?

Yes, the demographic change is creating new opportunities. Australia is growing and the ageing population means that we will need more people in health care aged care and retirement services than ever before. Our increasingly culturally diverse population is creating greater opportunities for people working human services, social work and translation services. And social trends and generational changes are creating new opportunities too. It’s a visual area, so data visualisation or indeed virtual reality applications have created new and emerging roles. Our lives are more complex and in an era of mobility, app development, user experience manager and online shopping experts have emerged to respond to our new customer needs.

5. So how do we future proof our careers in times of great change?

Firstly, be responsive. Everything that can be automated will be and if a job can be done more efficiently through technology, outsourcing or offshoring then it will be. Therefore we need to look at our industry and career and respond to the trends both local and global and upskill and retrain to remain relevant.

Secondly, be innovative. Computers are great at doing repetitive tasks but they are not designed to being creative or add innovation. If we can develop the ability to solve problems, improve systems, be proactive and add value our roles will be indispensable.

Finally, be collaborative. Future careers involves not just an understanding of technology but an understanding of people. Those who can effectively communicate, deal well with others, create a collaborative environment, lead people and motivate teams will always be in demand, and these are areas that computers cannot replace.

A Snapshot of Education Across Australia

Monday, July 18, 2016

We have been looking at different aspects of life in Australia and we are turning our focus on how each state rates when it comes to education. Are we more educated than we used to be? In 1986 49% of students completed year 12 and these days its fast approaching 90%.

Let’s talk about tertiary education across the generations

We are becoming an even cleverer country as measured by university completion so if we look at the Baby Boomers, 1 in 5 have a university degree, for Generation X, that’s 1 in 4, for Generation Y its 1 in 3 but for today’s school students, about 1 in 2 of them will end up with a university degree in their lifetime.



How does university attendance compare across the states?

If we look at 18 – 24 year olds, who are full time students, we have the ACT and Victoria leading the charge there and the other states not too far behind, while the Northern Territory is a fair way behind.




When looking at school performance, which state is performing the best as they hit year 7?

The NAPLAN results allows us to compare across Australia. If you look at the percentage of students in year 7 who are above the national minimum standard, again good results across the board. ACT and Victoria again leading Australia as far as the proportion of students above the standards. The other states are close behind, again with the Northern Territory a bit off the pace.


Having an education usually means a lower risk of unemployment, how did the states rate?

Pretty good, Australia as a whole is going very well, with 5.7% unemployment, that’s well below a lot of comparable nations. It has gone down this year, not up and if you look at the states that are doing better than that with a lower unemployment rate, the Northern Territory and ACT are performing best however some other states particularly South Australia and Tasmania are a bit behind.


Watch Mark McCrindle's full interview on The Daily Edition here


Millennials in the Workplace [MEDIA]

Monday, May 30, 2016

Workplaces with swings, cubby houses, and video games might seem to belong more in a childcare centre than an office, but they’re the kind of workspaces being designed by the Millennials of today, with the reasoning that fostering creative energy at work makes for a more productive team.

Mark McCrindle defines Millennials (or ‘Generation Y’) as those born between 1980 and 1994, and hence, those who are coming of age or beginning their careers in the new millennium. Generation Y has a reputation for being the ‘selfie society’, infatuated with themselves, their smartphones, social media, and celebrities. However, their expertise in the harnessing of technology, coupled with an entrepreneurial spirit, could be an explanation for their ascent in the world at a rate faster than any other generation before them.

Millennials seek leadership opportunities, and desire to create jobs for themselves, rather than looking for a job – Generation Y is one that doesn’t need a job for survival and security reasons. Mark McCrindle attributes the Millennials’ changing ways of thinking as what has empowered them to become the ‘entrepreneurs of today’.

See the full story featuring Mark McCrindle below:


Welcome to our blog...

We have a passion for research that tells a story, that can be presented visually, that brings about change and improves organisations. And we hope these resources help you know the times.

Our Social Media Sites

Facebook | McCrindle Research Social Media YouTube | McCrindle Research Social Media Twitter | McCrindle Research Social Media Flickr | McCrindle Research Social Media Pinterest | McCrindle Research Social Media Google Plus | McCrindle Research Social Media LinkedIn | McCrindle Research Social Media Mark McCrindle Slideshare


Last 150 Articles


Tags

demographer charity tattoos megatrends future proofing insight daily telegraph Queensland: QLD collaborative trends of 2017 generation Z nfp program logan trend tuesday thrive non profit New South Wales stay home etiquette winter office plans community The ABC of XYZ demographic trends goals rent SMSF rain learn optimistic population wolloomooloo Caregiver forecast facts happiness budget statistics ACT mccrindle australia digital balance cartodb meetings curiosity emerging generations financial future data visualisation shopper's pick women Crime Rates the changing face of 24 million hopes property price Australia Day 2017 know the times national crime rates work culture the australian dream entrepreneurial goal omnibus in the media community engagement income increasing densification brands pharmacies university presentation litter teach offenders volunteers REIV Conference 23 million marriage suburb living energy Hornsby Shire Council religion fears office opening emerging trends supply and demand Christmas lunch Mark McCrindle insights national private wealth Northern Beaches Christian School cancel plans Christmas presents communities household royal family 1994 unaffordable marriages EFF video trends of 2016 children baby names deloitte easy rider greatness millenials norwest australian communities forum generations kate middleton report business wealth Australian Home Northern Territory 1980 NT long weekend leadership workshop keynote ageing wealth and income distribution Financial Planning Association of Australia speakers mentor millennials CBD young people Generation Y sustainable social enquiry grandparents population map narcissism young australians language learning styles capital city Gen X environmental scanning Sydney keynote speaker ideas thought leadership Financial Planning Week social shifts waverton recap social life renting South Australia cold entertainment wealth distribution Adelaide Financial Planning Association house blaxland workplace population growth moderators guide friendship work-life customer world youth day Merry Christmas communication sentiments workshop suburban living high school define in depth interviews retirement Real Estate Institute of Victoria product engagement mccrindle in the media medicine spend work mates public speaking village mover and shaker personalities GPO slideshare teachers lalor park networking residents politics employers quote social media Res Vis Social Trend qualitative research 2016 area 2020 generation alpha Australian Communities Trends commute researcher aussie culture economic small business post rationalism rising house prices infographic mccrindle tea neutral bay global Geoff Brailey DESTEL 10 years Deaths Duchess of Cambridge entrepreneurs of today mobile huffington post VIC economy trends analyst geomapping sunburnt country dessert staying in sydneycity Australians Queensland father's day newspaper entrepreneur demographic transformations brisbane water follow Aussies society trends personal growth sydney event weather FOMO apartment community event twentyseventeen TAS professional tertiary education future-proof education future report wellbeing Scouts domestic safe annual income online business index ABS optus woolworths toys social home ownership participants high density apartments land of the middle class rental stress financial dreams conference presentation potts point presentations group session future proof poker master ACF internships experience cancelling plans population milestone Channel 7 tips housing growth mythbusters Northern beaches Event survey anzac Education Future Forum research pack house prices earning moreton bay study real career church forecasting meals research visualisation ethnography REIV National Conference urban living city holiday list ipswich demographic interactive identity school students criminal cars hello fresh debt earnings baby name friends faux-cilising vegetarian university degree PSI learning rise of local graphs middle class organisational culture royal influence youth unemployment Wellington social lives social commentary engage Wodonga families home 2015 2013 mateship winter blues buildings suburbs world research services Canberra low density royal society Do It Yourself media student sector wide infographic wall manly responsive home owner results Research Executive social researchers Christmas season future of education census Gen Y urban demographics aged care puzzle dreaming trends technology TDE sunny days case study rich workplace culture media release unemployment perth debate fresh not-for-profit relational Love menai easter holidays names conference food environment Australian Bureau of Statistics NEETs Word Up click publication January 26th social change professional development sports princess charlotte christmas leadership panel optus my business awards royal baby divorce rate education research pyrmont mortgage Engineering Manager SA school World Water Day salary media commentary social analysis socialising government global financial crisis consumerism Real Estate healthy future investor innovation 1968 wage Charlotte australian social research crows nest social commentator staff Melbourne educhat baby poor clothing men conference speaker forum Aussie group research child care coffee high density living sydneysiders gen alpha NSW organisations global generations sydney speaker earn 24,000,000 wages cost ashley fell Assistant Store Manager educated australian communities trends report renter of the future future of work education bondi monarchy housing market communicate mccrindle research System's Architect Births IT Specialists year 12 Australian Families selfie Bathburst gold coast crime focus group sun HSC Valentine’s Day gender townhouses equip workforce snapshot couple "know the times" baby boom public holiday sector 40 million award overcast vegemite New Zeland Channel Seven JOMO authenticity financial independence parenting gen z marrickville generation seasons visualisation schools students stats christianity cancelling event cash paying to work typical australian brand experience research data Kiwi New Zealand WA investing school satisfaction weekly earnings ACF 2016 local communities cooking tv focus groups Western Australia education sector Australian schools australians staying home more rule keeper socialites analysis tuesday google for education collaboration affordable news hornsby shopping high density change house price parents Australian Trends media activity emerging technologies cultural diversity consumer eliane miles family google proactive trend schools divorce social researcher housing affordability wealth and income mythbusting online shopping challenge alpha dare to dream motivate investment baby name trends shbc Australia Day life Tuesday Trends acf15 summer lifestyle owning a home ultimo mining boom states house price rise new york times builders Territory Northern Beaches teleworking Netflix hills shire growing population aged care urban living index millionth keynote speaker property education future survey design 2017 daily commute dream affordability shifts eliane McCrindle Speakers youth Wagga Wagga property market Australian Dream cost of living finance students social research leader generational trends internet not for profit Australian demographics conferences professional speaker ageing population event capital cities going out events futurist mother's day Christchurch social trends Tuesday Trend local resilience The Daily Edition future ease of travel Tasmania growth housing trends February 16 baby boomers celebration Generation X Australian communities darwin skills jobs of the future average aussie transport new office faux-ciliser Population Clock pharmacy market research 1975 careers ashley mckenzie DIY Kirsten Brewer tea communications brand office space data analyst priorities internship learner data bureau employment urban taskforce Royals intern jobs financial training Myth outsourcing teacher Sydney national wealth relevant prince george cloudy days innovative year 7 resource state storytelling tableau baby name predictions households English faux-cilise housing teaching wedding victoria sector wide study social impact FPA marketing 2012 Australian Census hobart visual repayments 2014

Archive