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Ever since the first Model-T rolled off the assembly line the economy has continued to find ways to train workers while at the same time, drive automation. Well, Amazon is in the thick of it now. The company announced that it will spend $700 million to retrain its workforce of 100,000 in response to a growing labor shortage. But the bigger news is that the strong labor market is pushing companies to make big investments in not only workers, but also technology. The acceleration of technology investment will soon be remaking jobs across almost every industry. By an estimate I came across recently, automation will force one-third of American workers to switch occupation by 2030. The question is, will industry be prepared to retrain this segment of the workforce?

About the SelectLeaders Job Barometer

The SelectLeaders Job Barometer, published since 2006, is the foremost survey of employment opportunities, trends, and hiring practices in the commercial real estate industry.

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SelectLeaders powers the Career Centers for 9 premier real estate industry Associations (whose members control or direct 90% of commercial real estate). Jobs are from all sectors and all levels with 29% paying over $100,000. SelectLeaders Job Network offers unequalled access to the Real Estate community. To learn more visit selectleaders.com or visit our Job Network Career Centers: BOMA, CCIM, CREFC, GlobeST.com, NAIOP, NAREIM, NAREIT, NMHC, PREA, Project REAP, ULI, NRHC

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