This just in…according to a new CareerBuilder survey, one in five companies have put the kibosh on people in order to replace them with automated technology instead.
We have to add the bright side to this grim news. Approximately 68 percent of employers in the survey who replaced workers with technology mentioned adoption of the new technology actually created new positions being added to their headcounts.
In a separate study, CareerBuilder researched historical acceleration and deceleration of 786 occupations. Here’s the deal: their research shows 257 occupations experiencing a decrease in employment. That equates to about one-third of all jobs. During this time, 483 occupations grew one percent or more.
Let’s look at the big picture — it’s no surprise travel agents lost more than 38,000 jobs from 2002 through 2014 thanks to automated travel web sites. And how about data collection and reporting? Data entry keyers lost more than 43,000 jobs from 2002 to 2014.
While keyers declined, interpreters catapulted. Using big data created a demand for people who can interpret data within organizations. Market research analysts added more than 99,000 jobs between 2002 and 2014 representing a 28 percent increase.
Per the press release, CareerBuilder CEO Matt Ferguson explained, “Technological advancements have not only increased productivity, but historically have led to an expansion of employment.”
He added, “While automation may eliminate some jobs, it also creates other jobs that are higher paying and lifts the standard of living for the economy as a whole. One of the greatest challenges the U.S. faces today is sufficiently preparing the workforce for the influx of more knowledge-based jobs that will likely result from progress in robotics and other STEM-related fields (science, technology, engineering and math).”