You might have picked up on the news that the nature of the job market is changing.

Now, while it is true that the economy has always changed over time (for example, do you remember that Australia used to ride on the “sheep’s back”?) it seems that the rate of change is increasing.

And you can put that down to the impact of computers.

The impact of computers on jobs over the coming years was highlighted by Frey and Osborne in their 2013 “Future of Employment” study and CEDA, in their 2015 “Australia’s future workforce” report, further developed this understanding. However, the real discovery was by an MIT Economics Professor (David Autor). Through an investigation into the amount of human labour used by USA companies for jobs dominated by manual tasks, he found that demand for this type of labour had declined by about 10% over the 50 years from 1960.

Now, while companies were still producing things that required manual tasks, they require fewer men and women to do that manual work.

The impact is that some entry level jobs are lost and that jobs for the lower skilled are harder to find. It means that career choices must be made with more consideration.

So, for the student in your life, a clear-eyed consideration of the changing job opportunities must be paramount.

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