Wednesday, July 13, 2011

Tom Friedman on today's job market

Excellent NYT column about employer expectations which mirrors exactly what we are hearing from employers of Jenkins MBA students.  Your advanced degree no longer entitles you to a job; you have to use the skills that you gained from that degree to create value day in and day out.  And because the ratio of job seekers to job openings is so high, firms have become more selective than ever.  Money quote:
Indeed, what is most striking when you talk to employers today is how many of them have used the pressure of the recession to become even more productive by deploying more automation technologies, software, outsourcing, robotics — anything they can use to make better products with reduced head count and health care and pension liabilities. That is not going to change. And while many of them are hiring, they are increasingly picky. They are all looking for the same kind of people — people who not only have the critical thinking skills to do the value-adding jobs that technology can’t, but also people who can invent, adapt and reinvent their jobs every day, in a market that changes faster than ever.

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