Timothy Taylor on NCH
In particular, it’s intriguing to brainstorm about certain kinds of jobs that are not extremely high on skills (not everyone is going to be a research scientist), but also aren’t extreme low-wage jobs either. These would be jobs where people learn and develop skills and experience, and perhaps where they can leverage their skills by interacting with information and communications technology. In addition, they should be jobs that can’t easily be outsourced, maybe because geographically tied to U.S. (like provision of support for chronic health conditions) or maybe because it is not the kind of routinized task where outsourcing works well.
Taylor discusses projections by the Department of Labor and by McKinsey on the loci of future job growth. The number one sector is health care. Taylor expresses some skepticism about job growth in manufacturing, and I share his doubts. I am surprised that education, which is the other sector in what Nick and I call the New Commanding Heights, is not mentioned.
I will repeat my view that government credentialism is one of the factors holding back job creation. If you could design health care delivery services in which you train people to work the way you want, rather than having to obey licensing rules, some of the people who are now out of work could have jobs that fit Taylor’s desiderata.