There are plenty of people in education, at least around here. We have teachers waiting patiently to get jobs after they get out of college. People go to college to become teachers because of the three month vacation every year plus all the time off during the year.
Healthcare is another issue. You spend all this money to get into a field of work that can have you working all kinds of shifts you don't want to work. In many cases it requires physical labor as well. Most people who go to college do so because they don't want to get into grunt work. Plus the pay is better in other professions.
I think most young people go into education today because they want a steady job and don't want to be dealing with the uncertainly of employment in the private sector.
When things slow down, most everybody is hit. However people who get into careers in need of higher education have less of a chance a machine will take over their job. As long as we keep advancing technology, more blue collar jobs will be lost.
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Back over 60 years ago when it became clear automation would claim more and more jobs as time passed, the government developed a propaganda campaign to assure Americans that their future was save. Displaced workers would be retrained to do more interesting and better paying jobs. What a load of crap!
Years before that, writers portrayed the 21st century as a time of leisure with Mom playing with the kids while Dad engages in his favorite hobby as machines did all the work, a utopia that man had dreamed of for decades.
Things didn't quite work out as expected.
I don't think government ever created propaganda for automation, but I do believe they had no idea what kind of environment we would be living in once we got there. So they made assumptions.
I was a child in school during the 60's and I remember our Weekly Reader having articles on it. It was just too Jetson like to believe it would come true in our lifetime. After all, your typical household at the time had one phone, a record player, and perhaps a black and white television. There was only one vehicle per family and back then, a lot of women didn't even drive.
We were warned, but we didn't know what to expect; even the people that were giving us the warning.
I'll be off this planet long before 50 years from now, but it is troublesome what that world will look like with automation and technology being ten times more advanced than it is today. Where are all these people going to work?