It’s said that the world is currently undergoing its fourth official industrial revolution. With technology continuing to advance at a rapid rate, this isn’t hard to believe. There are massive changes taking place. And it’s unlikely that many job categories that exist today will still exist ten years from now. So, should the industrial revolution play a part when it comes to choosing your career path? If you’re hoping to find job security and boost your earning potential, then the answer is a resounding YES. Here’s what you need to know.
What Are the Fastest Growing Industries?
While there are industries that are dying out, there are also many that are set to thrive more than ever before. According to the World Economic Forum (WEF) report on the Reskilling Revolution, the following six industries are expected to show the most growth as we move into the future:
• Business and financial
• Food preparation and serving
• Personal care and service
What Are the Fastest Declining Industries?
These industries won’t disappear completely but, they are set to experience the biggest changes in the way in which they operate, and these changes may be extensive. The industry itself will become something completely different.
The industries in this category include:
• Office and administrative work
• Maintenance and security
You may need to tweak your career path and the courses that you are studying. But, in doing so you are more likely to be able to enjoy the changes that the fourth industrial revolution is sure to bring about. Having said that, at the end of the day, it’s still all about hard work and dedication.
For help when it comes to mapping out a career path make an appointment with the career counsellor on campus.