Jobs! Jobs! Jobs!

Friday, June 30, 2017
I guess a fitting start to new post about jobs is to let my friends know that I'll be starting work at BMO next week!  I'll be in a different area and floor than my wife Carol but we'll both be at FCP which is cool!

It was amazing to spend 6 months at home with my family and then to get a great job at just the perfect time!

Anyway, from Barry Ritholtz's great site I saw a link for a Bloomberg article on what sectors of the job market are losing them the fastest (often now that means never to return).  Also a great interactive table on what jobs are at Risk, you can enter the name of your job/area/field.  It is only so granular,  it didn't of course have my obscure job of Quantitative Analyst or even Risk Manager but you can get a general idea and it's very cool!  

That general idea is unsurprisingly the higher education level required for a job the less likely (usually) it will be replaced by AI/Robots quickly.  When I was job hunting this year, I noticed I got way more interviews for jobs I applied to that needed Grad school degrees as a minimum, clearly I had much less competition there.  For my work, requires balancing Math/Finance/Computing knowledge so that's pretty safe (for now) but another field that's highly educated is Accounting and they are not so safe...which makes sense as it is a very systematic/rules based field...for anyone that can program even a little, you know code to automate such tasks is not that hard.


Finally, has a great section on Coal Mining vs. Retail Sector (esp. bricks and mortar dept. stores)...Trump goes on so much about Coal Mining but the job losses there are but a tiny fraction of the loses in Retail...on one of my fave shows covered this and showed if I recall correctly that JC Penny is facing more job cuts than the entire coal mining industry!!!