The Future of Employment Research Report from Oxford University

In this report, Oxford University addresses the question: How susceptible are jobs to computerization?

Doing so, they build on the existing literature in two ways. First, drawing upon recent advances in Machine Learning (ML) and Mobile Robotics (MR), they develop a novel methodology to categorize occupations according to their susceptibility to computerization.

702 Occupations Examined

Second, they implement this methodology to estimate the probability of computerization for 702 detailed occupations, and examine expected impacts of future computerization on US labor market outcomes.

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The following infographic analyzes 173 college majors and shows the top and bottom 15 unemployment rates along with their rank in popularity.

Perhaps more important than UNemployment is UNDERemployment–the notion that college graduates are employed in fields that don’t require a degree.

The Accenture 2013 College Graduate Employment Survey [DOWNLOAD HERE] indicates 41% of college graduates from the past two years are stuck in jobs that don’t require their degree.
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