Careers as Lifelong Learning         With the decline and/or duty period of firms that have been the ultimate providers of security to employees, such as IBM, GM, Boeing and Lloyds of London, the career path of a series of upward moves establish on a long term relationship all of a sudden seems passé. For this chapter let us think of the career in terms of the development of a persons achievements, capacities to insure and self-identity.
        I What has happened to careers? Downsizing, restructuring, outsourcing of American traffics to foreign countries, higher job demands and reductions in heath and pension benefits have taken its toll on the corporate career for the last decade and a half. lets take a look at job loss totals for early 80s and 90s: 1980s 3.4 million from Fortune 500 companies 1986 1991 80% of cd employers downsized to a workforce of 12.4%avg.
Reason for such losses? frugal recession, global competition and U.S. deindustrailization, along with companies force workers to do more(prenominal)(prenominal) for slight, which alike ushered in the birth of the two-income family. With the loss of trust and less benefits, most Americans believe executives are only interested in power and money.
        II Future Trends: Will career prospects authorize?
The Bureau of Labor Statistics projects that the US workforce has in the ultimo rapidly join ond in the 70s and 80s due to the baby boomers entering into the workforce. But they also projected a not so high add for the 90s due to a lot of boomers leaving the workforce.
1970s 19% increase 1980s 29% increase 1990 projected 13% increase The U.S. firms are moving from muscleman to brain jobs, which there will be an apparent skill gap. The American workers are being urged to go back to enlighten for higher education and return as a more valued employee. With high-skilled professionals leaving...
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