LABOR TRENDS

A LARGER, MORE DIVERSE LABOR FORCE

• In 2012, people of color made up 36%
• In 2020, the workforce is expected to grow 5.6%
• There is a lack of diversity in corporate boardroom
• The unemployment rate for people with disabilities is higher

MANUFACTURING TO SERVICE

• Jobs in manufacturing have dropped
• Jobs in service industries are growing
• The service counts for 83% of employment
• It grew because of richer societies

GROWING IMPORTANCE OF KNOWLEDGE WORKERS

• They are a large and growing category of workers.
• Think tanks are much more needed
• We need new things
• Society is obsessed with expansion of knowledge

OUTSOURCING

• Big business moving to countries
• Using cheap labor
• Putting Americans out of work
• It has grown since the 80s

GLOBALIZATION

• Working from home with computers
• Competing for a job from everywhere
• Companies are going to this method more and more
• More difficult to get jobs