3 Reasons Why Career Choices Are More Important Than Ever - Deepstash
3 Reasons Why Career Choices Are More Important Than Ever

3 Reasons Why Career Choices Are More Important Than Ever

Curated from: entrepreneur.com

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Some jobs are headed towards extinction

Some jobs are headed towards extinction

With AI technology beginning to replace workers across several industries and sectors, choosing a career that won’t get caught in the crossfire of a technological revolution is vital; you must consider the possible impact that technology could have on your industry.

It is estimated that a large percentage of workers will need to switch industries and acquire new skills to remain employable in the future. In fact, the McKinsey Global Institute found that 25% more workers than previously estimated will need to switch occupations.

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Tuition costs are rising

The steady rise of tuition fees is making higher education less accessible.

The stark difference of the median earnings between college graduates and high school diploma holders, as well as the higher unemployment rate observed in the latter group, makes having a college degree an essential qualification in today’s job market — despite the exponential cost in getting one.

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The way to economic security

An occupation’s earning potential is a major consideration for most when deciding on a suitable career. 

Choosing the right profession means that you will be able to have economic security — a factor that plays a key role in our overall well-being.

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