Living with Job Insecurity: The Future of Work

In a ruthless, globally competitive market, companies can no longer afford
the luxury of holding on to more employees than they need. Workers who are not
contributing fully to the bottom line are let go.

Analysts predict that, in this century, employment, as we know it is likely to
be phased out in industrialized nations of the world. Human labor is being
systematically eliminated from the economic process. A new generation of
sophisticated information and communication technologies, together with new
forms of business reorganization and management, is wiping out full-time
employment for millions of blue- and white-collar workers.

Manufacturing, as well as much of the service sector, is undergoing a
transformation as profound as the one experienced by the agricultural sector at the beginning of the last century.

What do these changes signify for you? More evidence that there is a new economy – one that is booming for some jobs, and devastating for others. So what about job security?

According to U.S. Census and Department of Labor statistics, “more Americans work in the computer industry as a whole (equipment, semiconductors and computer services) than in the auto, auto parts, steel, mining and petroleum-refining industries combines…. More Americans work in the biotechnology than in the entire machine-tool industry…. Twice as many Americans make surgical and medical instruments as make plumbing and heating products” (Beck, 1998).

All this brings up the question of how to cope with constant job insecurity and
never-ending change. What is the future of work? How do you develop a proactive and positive approach? What is the best way to make yourself into a valuable employee? Experts agree that job security lies in the person, not the position . Ask yourself what you can do to improve your chances of being appreciated as a valuable employee.

Important concepts covered in the full, 2,000-word article:
The shift from Industrial to Informational Jobs
A New Meaning for Job Security
Seven Approaches to Creating Personal Job Security
Trends for the Near Future
Hot Jobs for the Future
Recommended Reading on the Future of Work

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