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The Gig Economy: Preparing High School Students for Careers in 2020

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The Gig Economy: Preparing High School Students for Careers in 2020

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By 2020, approximately 40% of the U.S. workforce will be engaged in quick “gigs” and project-based work. The reality for many students when they graduate will be, “My grandfather had one job during his lifetime, my mom had six—and I will have six gigs all at the same time.” Most college seniors in 2020 will enter the workforce managing a series of projects, rather than dedicate years of service to any particular organization. This presentation will focus on how early career discovery during the college planning process can better prepare students for this new career reality, including tools for developing expertise in project settings aligned to the student’s aptitudes and interests.

By 2020, approximately 40% of the U.S. workforce will be engaged in quick “gigs” and project-based work. The reality for many students when they graduate will be, “My grandfather had one job during his lifetime, my mom had six—and I will have six gigs all at the same time.” Most college seniors in 2020 will enter the workforce managing a series of projects, rather than dedicate years of service to any particular organization. This presentation will focus on how early career discovery during the college planning process can better prepare students for this new career reality, including tools for developing expertise in project settings aligned to the student’s aptitudes and interests.

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The Gig Economy: Preparing High School Students for Careers in 2020

  1. 1. THE GIG ECONOMY Preparing High School Students for Careers in 2020
  2. 2. Introductions Bob Carlton LinkedIn, Twitter Educational Consultant, College MatchPoint • Hired & trained more than 600 college grads • Leadership roles in large companies & startups • Gig economy work started in 2009 • Top LinkedIn skills: start-ups, marketing, strategy Dan Restuccia LinkedIn, Twitter Chief Analytics Officer , Burning Glass Technologies • Research helps to shape the national conversation on careers and the skills gap • Worked in education policy at Jobs for the Future and Boston Plan for Excellence • Top Linkedin Skills: Program development, teaching
  3. 3. Objectives 1. Understand the ways in which careers are changing for college graduates, including a greater focus on project-based work 2. Develop a plan for using tools to develop expertise in project settings aligned to the student’s aptitudes and interests 3. Share good practices on career discovery with students during the college planning process
  4. 4. 4 A Disclaimer
  5. 5. 5 Parent’s Focus • Parents are are unsure how to help and where they can find trusted info • 55% of high school students say that their parents are putting pressure on them to gain professional experience • 54% of high school parents haven’t helped their children get work experience during high school Source: Internships.com, High School Careers Study Careers after college ranked as #1 concern for parents of high school juniors & seniors
  6. 6. 6 Poll
  7. 7. 7 Careers 2020 • Careers turned to jobs, jobs turning to gigs • 40% of the American workforce will be independent contractors • 60% of the jobs college students are preparing for will be radically altered by technology & automation • Fastest growing sectors: healthcare (for example, PTA, OTA), computer science, biomedical, data analysis • Millennials will replace Baby Boomers in largest portion of management positions Source: Bureau Labor Statistics Career Summary
  8. 8. 8 Gen Z @ Work • FOMO: intense fear of missing out (FOMO) on anything -- good news is that they will stay on top of all trends; the bad news, worry they’re not moving ahead fast enough • 75% interested in having multiple roles w/in 1 place of employment • 40% say working Wi-Fi more important than working bathrooms Source: Gen Z @ Work: How The Next Generation Is Transforming The Workplace Gen Z: Born 1998 +, 25% of U.S. population 55% of Generation Z are non-Hispanic Caucasians, 24% are Hispanic, 14% are African-American, 4% are Asian, and 4% are multiracial or other
  9. 9. 9 Gig Economy • Gig: project or task for which a worker is hired, often through a digital marketplace, to work on demand in a project setting • Duration: some very brief, such as answering a 5- minute survey on Amazon Mechanical Turk; others are much longer but still of limited duration, such as an 18-month database management project • Episodic: when one gig is over, workers who earn a steady income find another; works are juggling multiple jobs at once Source: Bureau Labor Statistics Career Summary
  10. 10. 10 • 40% of workforce will be independent contractors by 2020 • 25% of Americans had careers in the Gig Economy in 2016 • Significant change from many of our assumptions  driven by a combination of chance to pursue one’s passion and/or the necessity to make ends meet  work can increasingly be done from anywhere, so that job and location are decoupled  challenges traditional ideas of benefits & training Gig Economy Source: Bureau Labor Statistics Career Summary
  11. 11. 11 Gig Economy Source: Upwork
  12. 12. 12 • Coworking: shared working environment, with multiple independent activity spaces • Design thinking: an interdisciplinary approach that consider complex issues and resolve problems more broadly • Flat organization: organizational structure with few or no levels of middle management between staff and leadership • Skills increasingly more important than jobs Gig Economy
  13. 13. 13 Toggl: Time Tracking Google Apps Trello: Project Management Slack: Messaging Gig Economy
  14. 14. 14 Key Trends
  15. 15. 15 Example
  16. 16. 16 Project Skills • Provide clear instructions and expectations • Flexibility in managing time and prioritizing tasks • Comfort with varying degrees of autonomy • Proactive in finding new, potential problems rather than waiting to see if anything goes wrong • Reflect on problem-solving attempt to determine its strengths and weaknesses
  17. 17. 17 Core Skills  Personal brand: market yourself--while avoiding that nasty feeling that you are engaged in self-promotion  Agile learning: skill development is iterative, not linear  “I’m with the band”: creating & nurturing your own team  Self-guided: learn to work without the guidance of a boss telling you what to do
  18. 18. 18 Core Skills  ♥ your solutions: focus on problems and challenges you are good at solving, rather job tasks and responsibilities  ♥ their problems: helping people to be sure they're working on the right problem before offering solutions  Working "out loud”: document your progress so you can learn from what is and isn't working
  19. 19. 19 Creative Skills
  20. 20. 20 Specific Skills Business Operations Project Management Business Administration Scheduling Customer Service Economics Marketing Social Media Marketing Adobe Photoshop Facebook Market Research Engineering Electrical Engineering Computer Engineering AutoCAD Mechanical Engineering Project Management Sales and Business Development Sales Business Development Marketing Customer Service Project Management Media, Communications, and Public Relations Social Media Journalism Adobe Photoshop Marketing Technical Writing / Editing Data Analytics Data Analysis Data Collection Market Research Mathematics Project Management Finance Budgeting Accounting Financial Analysis Project Management Economics
  21. 21. 21 Specific Skills IT Development` Software Development JAVA Software Engineering C++ Computer Engineering Arts and Design Adobe Photoshop Adobe Indesign Adobe Illustrator Graphic Design Adobe Acrobat Project and Program Management Project Management Scheduling AutoCAD Budgeting Spreadsheets Human Resources Onboarding Project Management Scheduling Leadership Development Customer Service Science and the Environment Chemistry Biology Physics Mathematics Experiments Healthcare Patient Care Physical Demand Customer Service Public Health and Safety Cardiopulmonary Resuscitation (CPR) Education and Human Services Fundraising Social Media Teaching Event Planning Physical Demand Legal Legal Compliance Legal Research Litigation Customer Service Budgeting Architecture and Structural Design Revit AutoCAD Adobe Photoshop Adobe Indesign Google SketchUp
  22. 22. 22 Liberal Arts • 50% of the jobs that pay in the top income quartile commonly require applicants to have coding skills.
  23. 23. 23 Coding Skills • 50% of the jobs that pay in the top income quartile commonly require applicants to have coding skills.
  24. 24. 24 Internships • 50% of employers are currently accepting applications from high school students or plan to start an internship program this year • Top qualities companies are looking for high school interns: interview performance (50%), academic performance (41%) and references (36%) • Top 3 three things that high school students are looking to get out of internships: new skills (92%), work experience (81%) and mentorship/networking (72%) Source: Internships.com, High School Careers Study
  25. 25. 25 Tools: YouScience 90-minute online assessment helps students understand they have abilities, talents, and gifts that are meaningful
  26. 26. 26 Tools: Canvas © College MatchPoint
  27. 27. 27 Tools: LinkedIn • Skills: skills most commonly searched component of profiles • Projects: wide range of sites to link to projects, including DropBox, SlideShare, Prezi, Twitter, Pinterest, YouTube, and Vimeo
  28. 28. 28 Tools: Portfolio
  29. 29. 29 What Works for You ?

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