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Toronto,April 2016
www.iecarus.com
XXI Century Trends:
Economic
From national to global economies
From manufacturing to knowledge
creation
From hierarchical to flat organizations
From mass-production to
customization
Information
Exponential growth in information
New ways of handling information
New forms of information
From face-to-face to virtual
communication
Social
Growing diversity
Growing population
Multiple careers
Changing lifestyles
Aging
Major
Challenges
Climate change
Environmental degradation
Persistent poverty
Energy needs
The world we live in
Access to Everything, All the Time, FromAny Device, Anywhere
Knowledge-intensive and innovation-led
globalized world
Everyone competes with everyone, self-branding
on the rise
The less competent are replaced by those who, in
other parts of the world, can do the same for less
The rate of change of the economy requires
creative and differentiated workforce
The ability to create value, with creativity and
competence, becomes essential for survival in the
labor market
But the uniformity of school systems produces
almost undifferentiated workforce
•61,000 hours of music on
Pandora
•20 million photo views and 3
million uploads on Flickr
•100,000 tweets
•6 million views and 277,000
Facebook logins
•2+ million Google searches
•There were 204 million
emails sent
In the last minute …
The Knowledge Era = present
This was the age of the knowledge
worker. The activities that brought us
success were centered on the left-brain:
sequential,contextual,detailed–
oriented, liner, analyticaland
focused on “hard” facts
The Conceptual Era =future.
The rise in significance of right-brain
thinking. Creativity,context, the “big-
picture”,pattern recognition, empathy,
design and soft-skills are more
importantthan simply knowing and
applying
CROSS-CULTURAL COMPETENCY, ability
to operate in diverse cultural settings
VIRTUAL COLLABORATION,ability to
work, driveengagement, and
demonstratepresence as a member of a
virtualteam.
SOCIAL INTELLIGENCE, ability to
participatein the collective construction
of solutions
SOCIAL MEDIA LITERACY, ability to
critically use social media as instruments
of empowermentand transformation
SENSE-MAKING, ability to determine
the deeper meanings and the courses
of action to act in complex situations
COMPUTATIONAL THINKING,ability
to translate aggregatesof data into
abstractconcepts and conduct
data-based reasoning
COGNITIVELOAD MANAGEMENT,
ability to discriminate and filter the
information needed to produce
successful solutions
TRANSDISCIPLINARITY, ability
to reason and build knowledge
acrossmultiple disciplines
DESIGN MIND-SET, ability to create
solutions in contexts whereonly part
of the requirements are known
ADAPTIVETHINKING, ability to
think and act in waysthat transcend
the roteand rule-based
General trends in job market
• Investing in STEM. In the ten countries we looked at, science, technology,
engineering, and math (STEM) skills made up the majority of our top 25 list.
While most of these could be labeled as “tech” skills, more traditional STEM
skills like mechanical, electrical, and materials engineering made our list in
many countries.
• Data. Data everywhere. We live in an increasingly data driven world, and
businesses are aggressively hiring experts in data storage, retrieval, and
analysis. Across the globe, statistics and data analysis skills were highly
valued. In the US, India, and France, cloud and distributed сomputing skills
were in particularly high demand.
• It pays to know a second language. Internationalization and localization
services are valued by companies that operate globally. As such, language
translation skills were among the top 25 hottest skills in many countries. But
nowhere did they rank higher than in the United States, where in 2010,
according to US Secretary of Education, Arne Duncan, only 18% of
Americans claim to speak a language other than English.
• Rise of the technical marketer. In 2012, Gartner analyst Laura McLellan
predicted that by 2017 CMO’s would be spending more on technology than
their CIO colleagues. With digital, online, and SEO (search engine
optimization) marketing skills in our global top 25 this year, there’s strong
evidence that this prediction may be coming true
47% of current highly
skilled jobs at risk of
replacement
Carl Benedikt Frey and Michael A.
Osborne, September 17, 2013 Oxford
Martin Programme on the Impacts of
Future Technology
Artificial Intelligence vs.
Human Intelligence
Trends at job market
The labourgap is not unique to Canada.The European Commission,forexample,anticipatesa shortfallof
around 825,000ICT positions by 2020.10 Areportfrom the United States DepartmentofLabourforecasts
there will be 1.4 million computerspecialistjob openings by2020— but, universities are unlikely to produce
enoughqualified graduatesto fill even a third of these positions.
Hottest Skills of
2015 on LinkedIn
5 occupations will be in strong demand
Information System Analysts & Consultant s
Computer Programmers & Interactive Media Developers
Computer & Information System Managers
Software Engineers & Designers
Graphic Designers & Illustrators
Validation of In-Demand Careers
in Toronto as of Nov 2014
The Centre of Excellence in Financial Services Education (CoE) consults with financial
services employers of the Toronto region to determine the careers for which there is high
need for talent across the sector. Based on the in-demand talent needs of the sector, the
CoE liaises with educators and professional associations on an ongoing basis to ensure that
the focus and quality of education programs are aligned to the needs of the sector.
• Child born in 2012 would need to pay $ 140,000 in 4 years for
university education: tuition fee, campus and text books are included
• Around450 000 graduates in Canada and in 2012-2013 morethen
400 000 student took a credit
• 78 % students have to work to afford to pay for their university education and
more then 39% are working 11-20 hours per week
• Averagedebt for Canadian graduate is $27,000, from which 43 % is getting
moneyfrom government , 18% from parents, the rest is from FI
• 85%students are applied to full time university program and
15 % applied to part time in 2014
• Costof university education in Canada going to grow by 8.6% in next 4 years
Facts about University education in Canada
Youth unemployment in EU
Ikigai (生き甲斐, pronounced [ikiɡai]) is a Japanese concept meaning
"a reason for being". Everyone, according to the Japanese, has an
Ikigai. Finding it requires a deep and often lengthy search of self.
Why the modern world is bad
for your brain ?• We are doing the jobs of 10 different
people while still trying to keep up with
our lives, our children and parents,
our friends, our careers, our hobbies,
and our favorite TV shows
• When people think they’re multitasking,
they’re actually just switching from one
task to another very rapidly. And every
time they do, there’s a cognitive cost in
doing so.
• Multitasking creates a dopamine-
addiction feedback loop, effectively
rewarding the brain for losing focus and
for constantly searching for external
stimulation. To make matters worse, the
prefrontal cortex has a novelty bias,
meaning that its attention can be easily
hijacked by something new
• Glenn Wilson, former visiting professor
of psychology at Gresham College,
London, calls it info-mania
No one knows for certain what the
future can bring, but without vision,
how can we achieve our dreams?
www.gartner.com
www.theoryandpractice.ru
www.ted.com
www.zonein.ca/virtual-child
www.digcompass.ca
www.ictc-ctic.ca
www.computingcareers.acm.org
www.tfsa.ca/centre-of-excellence
If you have a question about this presentation
or would like to book an individual test and
consultation for your child choice of the future
profession write at iecarus.ca@gmail.com

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Job market trends in 2016

  • 2. XXI Century Trends: Economic From national to global economies From manufacturing to knowledge creation From hierarchical to flat organizations From mass-production to customization Information Exponential growth in information New ways of handling information New forms of information From face-to-face to virtual communication Social Growing diversity Growing population Multiple careers Changing lifestyles Aging Major Challenges Climate change Environmental degradation Persistent poverty Energy needs
  • 3. The world we live in Access to Everything, All the Time, FromAny Device, Anywhere Knowledge-intensive and innovation-led globalized world Everyone competes with everyone, self-branding on the rise The less competent are replaced by those who, in other parts of the world, can do the same for less The rate of change of the economy requires creative and differentiated workforce The ability to create value, with creativity and competence, becomes essential for survival in the labor market But the uniformity of school systems produces almost undifferentiated workforce •61,000 hours of music on Pandora •20 million photo views and 3 million uploads on Flickr •100,000 tweets •6 million views and 277,000 Facebook logins •2+ million Google searches •There were 204 million emails sent In the last minute …
  • 4. The Knowledge Era = present This was the age of the knowledge worker. The activities that brought us success were centered on the left-brain: sequential,contextual,detailed– oriented, liner, analyticaland focused on “hard” facts The Conceptual Era =future. The rise in significance of right-brain thinking. Creativity,context, the “big- picture”,pattern recognition, empathy, design and soft-skills are more importantthan simply knowing and applying CROSS-CULTURAL COMPETENCY, ability to operate in diverse cultural settings VIRTUAL COLLABORATION,ability to work, driveengagement, and demonstratepresence as a member of a virtualteam. SOCIAL INTELLIGENCE, ability to participatein the collective construction of solutions SOCIAL MEDIA LITERACY, ability to critically use social media as instruments of empowermentand transformation SENSE-MAKING, ability to determine the deeper meanings and the courses of action to act in complex situations COMPUTATIONAL THINKING,ability to translate aggregatesof data into abstractconcepts and conduct data-based reasoning COGNITIVELOAD MANAGEMENT, ability to discriminate and filter the information needed to produce successful solutions TRANSDISCIPLINARITY, ability to reason and build knowledge acrossmultiple disciplines DESIGN MIND-SET, ability to create solutions in contexts whereonly part of the requirements are known ADAPTIVETHINKING, ability to think and act in waysthat transcend the roteand rule-based
  • 5. General trends in job market • Investing in STEM. In the ten countries we looked at, science, technology, engineering, and math (STEM) skills made up the majority of our top 25 list. While most of these could be labeled as “tech” skills, more traditional STEM skills like mechanical, electrical, and materials engineering made our list in many countries. • Data. Data everywhere. We live in an increasingly data driven world, and businesses are aggressively hiring experts in data storage, retrieval, and analysis. Across the globe, statistics and data analysis skills were highly valued. In the US, India, and France, cloud and distributed сomputing skills were in particularly high demand. • It pays to know a second language. Internationalization and localization services are valued by companies that operate globally. As such, language translation skills were among the top 25 hottest skills in many countries. But nowhere did they rank higher than in the United States, where in 2010, according to US Secretary of Education, Arne Duncan, only 18% of Americans claim to speak a language other than English. • Rise of the technical marketer. In 2012, Gartner analyst Laura McLellan predicted that by 2017 CMO’s would be spending more on technology than their CIO colleagues. With digital, online, and SEO (search engine optimization) marketing skills in our global top 25 this year, there’s strong evidence that this prediction may be coming true
  • 6. 47% of current highly skilled jobs at risk of replacement Carl Benedikt Frey and Michael A. Osborne, September 17, 2013 Oxford Martin Programme on the Impacts of Future Technology Artificial Intelligence vs. Human Intelligence
  • 7. Trends at job market The labourgap is not unique to Canada.The European Commission,forexample,anticipatesa shortfallof around 825,000ICT positions by 2020.10 Areportfrom the United States DepartmentofLabourforecasts there will be 1.4 million computerspecialistjob openings by2020— but, universities are unlikely to produce enoughqualified graduatesto fill even a third of these positions.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15. 5 occupations will be in strong demand Information System Analysts & Consultant s Computer Programmers & Interactive Media Developers Computer & Information System Managers Software Engineers & Designers Graphic Designers & Illustrators
  • 16. Validation of In-Demand Careers in Toronto as of Nov 2014 The Centre of Excellence in Financial Services Education (CoE) consults with financial services employers of the Toronto region to determine the careers for which there is high need for talent across the sector. Based on the in-demand talent needs of the sector, the CoE liaises with educators and professional associations on an ongoing basis to ensure that the focus and quality of education programs are aligned to the needs of the sector.
  • 17. • Child born in 2012 would need to pay $ 140,000 in 4 years for university education: tuition fee, campus and text books are included • Around450 000 graduates in Canada and in 2012-2013 morethen 400 000 student took a credit • 78 % students have to work to afford to pay for their university education and more then 39% are working 11-20 hours per week • Averagedebt for Canadian graduate is $27,000, from which 43 % is getting moneyfrom government , 18% from parents, the rest is from FI • 85%students are applied to full time university program and 15 % applied to part time in 2014 • Costof university education in Canada going to grow by 8.6% in next 4 years Facts about University education in Canada
  • 19.
  • 20.
  • 21. Ikigai (生き甲斐, pronounced [ikiɡai]) is a Japanese concept meaning "a reason for being". Everyone, according to the Japanese, has an Ikigai. Finding it requires a deep and often lengthy search of self.
  • 22. Why the modern world is bad for your brain ?• We are doing the jobs of 10 different people while still trying to keep up with our lives, our children and parents, our friends, our careers, our hobbies, and our favorite TV shows • When people think they’re multitasking, they’re actually just switching from one task to another very rapidly. And every time they do, there’s a cognitive cost in doing so. • Multitasking creates a dopamine- addiction feedback loop, effectively rewarding the brain for losing focus and for constantly searching for external stimulation. To make matters worse, the prefrontal cortex has a novelty bias, meaning that its attention can be easily hijacked by something new • Glenn Wilson, former visiting professor of psychology at Gresham College, London, calls it info-mania
  • 23. No one knows for certain what the future can bring, but without vision, how can we achieve our dreams? www.gartner.com www.theoryandpractice.ru www.ted.com www.zonein.ca/virtual-child www.digcompass.ca www.ictc-ctic.ca www.computingcareers.acm.org www.tfsa.ca/centre-of-excellence If you have a question about this presentation or would like to book an individual test and consultation for your child choice of the future profession write at iecarus.ca@gmail.com