First, start with the total number of private employees. Second, subtract off those who are production and nonsupervisory employees. Third, divide by the population. That's what the following chart shows.
Click to enlarge.
That's a scary trend, especially for those in college "racking" up student debt while pursuing their MBAs.
January 7, 2013
There Are Officially Too Many MBAs
June 16, 2011
Your Well-Paid, Middle-Class Job Is in Danger
"A lot of traditional middle-class, upper-middle-class jobs have been disappearing. If you look at general managers and middle-management jobs, those are ones that have been in decline and will decline further," he said.
December 19, 2012
The Future of Middle Management - Scott Adams
Source Data:
St. Louis Fed: Custom Chart
Click to enlarge.
That's a scary trend, especially for those in college "racking" up student debt while pursuing their MBAs.
Like a child in his fantasy
Punching holes in the walls of reality
All my life I wanted to fly
But I don't have the wings, and I wonder why
I can't break away
I can't break away
Punching holes in the walls of reality
All my life I wanted to fly
But I don't have the wings, and I wonder why
I can't break away
I can't break away
January 7, 2013
There Are Officially Too Many MBAs
Universities are now conferring 74 percent more business degrees than they did in the 2000-2001 school year. Much of that torrid growth has been driven by part-time and executive MBA programs at less-than-prestigious institutions looking to cash in.
June 16, 2011
Your Well-Paid, Middle-Class Job Is in Danger
"A lot of traditional middle-class, upper-middle-class jobs have been disappearing. If you look at general managers and middle-management jobs, those are ones that have been in decline and will decline further," he said.
December 19, 2012
The Future of Middle Management - Scott Adams
When you imagine the upcoming Age of Robots, you probably see the robots replacing humans in jobs that involve manual labor. An assembly line is a good application for robots, for example. And I assume fast food workers will soon be replaced by robots too.
But I predict that one of the first occupations that will be entirely replaced by robots will be middle management, not skilled labor.
But I predict that one of the first occupations that will be entirely replaced by robots will be middle management, not skilled labor.
Source Data:
St. Louis Fed: Custom Chart
0 comments:
Post a Comment