Despite all the hoopla that the Trump Administration is touting about the economy, up to half of all American jobs may be gone within the next twenty years. Two independent studies, one from the McKinsey Global Institute and another from the tech company Zimpler, both predict a dire future for many of today’s working Americans. Within 10 to 20 years, approximately 50% of all jobs will be replaced by automation. Low-income service workers, including cashiers, drivers, and waiters/waitresses will be hardest hit.
Not surprisingly, the most common job in America today is the Retail Salesperson. Within ten years, half these jobs will disappear. Within twenty years, it is predicted that 90% of these jobs will be gone.
The most vulnerable jobs highlighted in these reports are as follows:
- Retail Salesperson
- Fast Food Workers
- Secretaries / Administrative Assistants
- Office Clerks
- Waiters / Waitresses
- Drivers / Truck Drivers
- Bookkeepers / Accounting Clerks
- Wholesale Sales Representatives
- Construction Laborers
- Accountants and Auditors
- Security Guards
- Laborers and Material Movers
- Misc Assemblers and Fabricators (manufacturing)
- Stock Clerks
- Grounds Maintenance Workers
There is some good news for those lucky Americans with high tech skills. Engineers and Computer Programmers will make out well. Other careers with promising futures include nursing and school teachers, where face-to-face interactions are required.
It is true that not all job losses can be blamed on robots. The American economy is always evolving, making some industries obsolete while new industries are developed. Ten years ago, most Americans had never even heard of a “driver-less car”.
But with up to half of American jobs disappearing within the next two decades, it is critical that our government invest in the critical education our workers need. Instead of giving tax cuts to millionaires and Wall Street fat cats, it’s time for President Trump to pay attention to every American and promote affordable training to every worker who is being left behind.
We welcome your comments about America’s changing economy. Feel free to share your thoughts in the comments section.