More risk more money as freelancers will change the economy in 25 years

The traditional approach is dying. By 2040, the us economy will not learn, according to a new report by the Roosevelt Institute and the Foundation for Kaufman. We are already seeing the signs of an impending change: now freelancers, according to a survey by Edelman Berland, account for 35% of American workers. It's 53 million people. In the next 25 years will accelerate a fundamental shift to an entrepreneurial economy, based on the work of independent contractors, and peer-to-peer-the work of people on platforms like TaskRabbit.


Traditional types of employment fade away, and we will be faced with growing pains of the new economy. "This will create serious tension for the budget, says Dane, Stangler, Vice President for research and policy at the Kaufman Foundation. — We built all of our social programs, from pensions to healthcare, around the idea of a stable job."

The report, which is based on the findings of 30 economists, experts on technology, politicians and entrepreneurs, focused on four main themes: future of work, future technologies, future business and future inequality. Here are five changes that should wait for the economy of the future.

The work will consist of many "short-term" tasks When in the presence of a permanent job meant for Americans safety and success. But after the recession the idea of what a good job is the cornerstone of a "good economy" was wrong. People understand that a good job means a stable job.

By 2040, the labour market will rely on time-limited tasks, in business and career will be built through a portfolio. Instead of the daily work, consisting of roughly the same responsibilities, "career will consist of thousands of short assignments scattered throughout life", says the report. These jobs can last a few days, and may be several years, and people will become workers in their own firms. Therefore, in 2040, the main jobs growth ensure a small business. There will be new platforms that reduce the economic risk to the extent that, as a traditional job with insurance, pension plan, withholding taxes are gone, we will see new platforms and institutions that help workers and their families to cope with unforeseen circumstances and reduce risks. These platforms will satisfy three categories of needs.

1. New means of marketing and selling of goods and services — such as Etsy sells hand-crafted goods.

2. Opportunities to learn about new opportunities and jobs to these jobs and collect payment and also to meet the needs like medical care, insurance, pensions, care for children and the elderly.

3. Training and educational programs for employees to help them reach a broader market.

More and more recruitment agencies will be looking for standard employees Before the Agency's talent search was looking for mainly artists and athletes, selected stars, and the economy of the future recruitment and headhunting firms will begin to play a larger role in the lives of ordinary professionals who intend to develop their career. The report States: "a Completely new nature of work and workplaces in the new economy will require brand new platforms of the organization career."

Small business growth will lead to higher wages Development of self-employment will inevitably raise earnings. In addition, as the elderly population will continue to retire and the birth rate falls, the market supply of labor will decrease. It will also contribute to earnings growth. And while immigration can partly meet the demand for new workers, the report notes that this factor will not be able to restrain the growth of wages.

Everyone is responsible for your own success Yes, you will be able to get rid of the employer who underpays you, but it also means that your career success depends solely on you. The report States: "In particular, workers will be forced to constantly think about their next jobs, about the skills needed for those jobs, and the education and experience necessary for them."

Will not be specific rules or career ladders ensure success. Workers will have to become more nimble and agile than their predecessors, because life will be much more difficult.

To be successful, people will need to think like entrepreneurs and accordingly plan his life: continually "sell" themselves, to formulate their area of work and specialization, to be educated for future tasks. In the economy of the future work can be more profitable and more meaningful, but the idea that you will find professional reward for loyalty to the company, will leave in the past. published

P. S. And remember, just changing your mind — together we change the world! ©

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Source: ideanomics.ru/?p=4662