• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

If You Have One Of These Jobs, Good Luck

Tyler Durden's picture




 

While global equity markets (alone) celebrated what appeared to be a somewhat lackluster jobs data dump yesterday, it's not all rainbows and unicorns for the US employee. It is not just manufacturing jobs that are bleeding (as bartenders and waitresses surge), but the following 14 professions have been in decline for the last decade and are projected to drop even further going forward. From shipping clerks to sewing machine operators and typists, the new normal looks a little different from the old normal of the last century.

 

 

Source: BLS and Goldman Sachs

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Sat, 07/06/2013 - 18:06 | 3726964 bugs_
bugs_'s picture

single borrower, single payer

Sat, 07/06/2013 - 18:19 | 3726986 UncleBubba
UncleBubba's picture

File Clerk, Data Entry Keyers, Typists, Office Machine operators?

didn't know these still existed. 

Sat, 07/06/2013 - 18:40 | 3727026 NoDebt
NoDebt's picture

I had to chuckle when I saw "Printing Press Operator" on there.  A million years ago I was in that industry- eating printing presses alive with digital solutions.  Now the internet is eating digital printing solutions alive.  Book printing and Direct Mail were the last great hold-outs where there was plenty of volume to support big printers and presses, now even they are in decline. 

Sat, 07/06/2013 - 18:50 | 3727041 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

Book printing and Direct Mail were the last great hold-outs where there was plenty of volume to support big printers and presses, now even they are in decline.

Printing press operators are still in high demand in the central banking "industry".

Sat, 07/06/2013 - 19:09 | 3727054 NoDebt
NoDebt's picture

If only 'twere true.  Treasury prints the paper currency (Crane Paper out of New England supplies the paper stock to them, the rest is done "in house"). 

Fed does the electronic kind.

Sat, 07/06/2013 - 19:26 | 3727115 smlbizman
smlbizman's picture

at least my vcr rewinder job appears to be safe....

Sat, 07/06/2013 - 21:11 | 3727318 neidermeyer
neidermeyer's picture

Don't let your continuing education slide ,, I understand that there is great demand for DVD and Blu-Ray rewind operators.

http://www.sonicflare.com/IMG_1291.jpg

 

Sat, 07/06/2013 - 22:00 | 3727417 Long-John-Silver
Long-John-Silver's picture

I can't figure out how to rewind my Internet Streaming Box (ROKU). The only button on it is labelled "reset" and it's located behind a tiny hole so you need a pin to push it. I've never actually pushed it and never had a reason to. Perhaps they employ South Asia Indians to re-wind all that stuff I watch and provide US phone support at the same time.

Sun, 07/07/2013 - 09:58 | 3728033 cifo
cifo's picture

Switchboard operator???????? In 2020? This must be a joke.

How about punchcard typist? Or lawnmower/TV/VCR repairman?

Sun, 07/07/2013 - 13:04 | 3728236 ATM
ATM's picture

Those are all still government positions protected by union contracts.

 

Sat, 07/06/2013 - 23:56 | 3727579 old naughty
old naughty's picture

"vcr rewinder" will not be safe after the rewind/collapse...

in fact, I don't believe the tellers will still be high up in 2020 as IMHO, these jobs will be robot-o-maxed right after the rewind/collapse, soon...and they'd just be spewing:"Sorry money is not available at this time, please try back later".

You can record that into the vcr.

 

Sun, 07/07/2013 - 00:55 | 3727693 Cast Iron Skillet
Cast Iron Skillet's picture

but then you do need a vcr rewinder.

Sun, 07/07/2013 - 01:46 | 3727757 All Risk No Reward
All Risk No Reward's picture

The scary thing is that these numbers don't include the collapse that will occur between now and 2020.

Be scared enough to be concerned to take positive action to gaincontrol over the necessities of life.

Sat, 07/06/2013 - 21:51 | 3727394 New_Meat
New_Meat's picture

'Crane Paper out of New England supplies the paper stock to them, the rest is done "in house"'

Yep, that was Myre Kraft's contribution to the empire.  Bob is still happy to have diversified into owning sports teams and attempting to be a real estate mogul.

- Ned

Sun, 07/07/2013 - 10:35 | 3728065 krispkritter
krispkritter's picture

Local store owner asked me to locate a money counter for him.  I ended up finding an inexpensive one with multiple counterfeit detection levels built-in.  During his first run of less than 100 20's it kicked out four bills. Then it kicked out a couple 10's and 5's.  He said he normally rubs his finger over the 20's to detect the impressions on the bills but they were getting harder to detect.  He said he stopped taking 50's and 100's except from regulars years ago as the counterfeits were rampant.

Seems like Ben has some competition.

Also, this guy gives me his change to sort and 'clean' every week.  I get his bags of coins, throw them in a counter/sorter, then run each type of coin through another sorter that 'rejects' copper and silver coins. Averaging 5-6 silvers a week now and 2-3 rolls of copper. Takes about an hour. I think people are raiding their change jars as the 'Recovery' progresses. I'm looking for a commercial countertop sorter to count coins in the store and keep 5% and the owner gets more sales without the hassle of counting it. 

Sat, 07/06/2013 - 19:30 | 3727125 dark pools of soros
dark pools of soros's picture

I guess boardgames/cards & calendars are the last ones holding the torch

Sat, 07/06/2013 - 21:48 | 3727388 Jam Akin
Jam Akin's picture

Video game packaging and such is still a profitable niche.

Sun, 07/07/2013 - 11:20 | 3728125 TruthBeforeAll
TruthBeforeAll's picture

I hear the Fed is still hiring.

Sun, 07/07/2013 - 00:06 | 3727613 AGuy
AGuy's picture

"File Clerk, Data Entry Keyers, Typists, Office Machine operators?"

There is a huge error on the Office Machine Operators. Today everyone working is an office Machine operator, since virtually everyone has a desktop or laptop PC that they operate.

Sun, 07/07/2013 - 08:49 | 3727955 giggler123
giggler123's picture

Yep, 4years @ college, now on 10year apprenticeship as shipping clerk.  My boss recons in 6years I maybe take the reins.  Ofcourse I gotta pay for my student loan for another 30years, and perhaps a house or two, you know how it is these days flipping seems important, its always on t.v.  I did think perhaps I should have taken up Betamax repairs since their seems more of a future in it...

Sun, 07/07/2013 - 10:36 | 3728067 uhb
uhb's picture

precisely my thoughts when i read that.

 

Sun, 07/07/2013 - 18:07 | 3729019 JeffB
JeffB's picture

I was a little surprised the chart labels them as "Professionals".

 

Sat, 07/06/2013 - 18:38 | 3726999 Taku
Taku's picture

OT: Offer tells driver that his Constitutional rights DO NOT apply at roadblocks, and may be 'taken away' for 'safety concerns'.

Don't know if anyone posted this already, but:

4th of July DUI Checkpoint - Drug Dogs, Searched without Consent, Rights Taken Away, while Innocent

Sure the driver wasn't being a proper sheeple.

That does not give just cause for police to tell you that your Constitutional rights can be taken away for, errr, a roadblock. Or does it? You decide...(what kind of world you want to live in).

Maybe next time they will want your smartphone data. Or DNA sample.

Hmm...

All hail, Emperor Obama.

Sat, 07/06/2013 - 18:54 | 3727045 nmewn
nmewn's picture

I'll see your "guilty until proven innocent/show me your papers Stasi checkpoint" and raise a blatant Third Amendment violation ;-)

"Mitchell claims that defendant officers, including Cawthorn and Worley and Sgt. Michael Waller then "conspired among themselves to force Anthony Mitchell out of his residence and to occupy his home for their own use." (Waller is identified as a defendant in the body of the complaint, but not in the heading of it.)
     The complaint continues: "Defendant Officer David Cawthorn outlined the defendants' plan in his official report: 'It was determined to move to 367 Evening Side and attempt to contact Mitchell. If Mitchell answered the door he would be asked to leave. If he refused to leave he would be arrested for Obstructing a Police Officer. If Mitchell refused to answer the door, force entry would be made and Mitchell would be arrested.'"
     At a few minutes before noon, at least five defendant officers "arrayed themselves in front of plaintiff Anthony Mitchell's house and prepared to execute their plan," the complaint states.
     It continues: "The officers banged forcefully on the door and loudly commanded Anthony Mitchell to open the door to his residence.
     "Surprised and perturbed, plaintiff Anthony Mitchell immediately called his mother (plaintiff Linda Mitchell) on the phone, exclaiming to her that the police were beating on his front door.
     "Seconds later, officers, including Officer Rockwell, smashed open plaintiff Anthony Mitchell's front door with a metal ram as plaintiff stood in his living room."

http://www.courthousenews.com/2013/07/03/59061.htm

No warrant, no nothing, outside of an overriding sense of self importance & superiority.

Sat, 07/06/2013 - 20:09 | 3727196 Croesus
Croesus's picture

Moar "Government FOR the People"....

 

</sarc>

Sun, 07/07/2013 - 08:37 | 3727945 lakecity55
lakecity55's picture

Be patient.

The time is coming when being a paramilitary policeman will be making yourself a target.

There are plenty of old-timers still around who do not go with this crap, but their numbers are dwindling.

Part of the reason to militarize the police is to make them see you as an enemy combatant and treat you as such.

In the meantime, do not put yourself at risk. You will know when the time is right, when they attack us openly.

You new brainwashed guys out there with badges: what goes around comes around. All of you are making one huge tactical mistake, but I sure won't tell you what it is, bitches. I will tell you this: you will regret ever having picked up that shield. You will learn to fear righteous Americans, I can promise you  that much.

Act only in self-defense, ZH Brothers. Obey their criminal laws until they leave us no choice. You must do so or we lose the moral superiority.

Sun, 07/07/2013 - 08:33 | 3727944 Tall Tom
Tall Tom's picture

I got on YouTube through the link to the Kid getting his Fourth Amendment violated.

 

Yeah. There is a way of fighting back. But then You Tube censors me so quickly. LOL. There were many State Lovers supporting the ILLEGAL SEARCH. So I merely wrote:

 

"If that kid has no right to be safe and secure from Warrantless Searches then the posters whom SUPPORT THIS ACTION have no right to the Freedom of Speech.

Let's have them EXPERIENCE an unwarranted loss of Freedom.

Maybe they need to be placed on the Terror Watch List for their statements to INCITE Civil Disobedience. They need to be REPORTED to DHS.

Maybe they will be placed on the No Fly List. Maybe it might retard their chance for advancement in their Jobs.

You cannot be too safe, right?"

 

I wonder why You Tube censored this??? Do you have a clue?

 

Tall Tom

I Cor 13

Sat, 07/06/2013 - 18:07 | 3726967 MsCreant
MsCreant's picture

Professions, mine, professor. Anything to do with education (the net is taking over, they are having us construct our own demise).

Lawyer, I bet.

Banker, I bet.

So many bubbes to burst...

Sat, 07/06/2013 - 18:19 | 3726985 dynomutt
dynomutt's picture

I read the hotshot ones are buying rental houses in the Hamptons to rent out.

Sat, 07/06/2013 - 18:19 | 3726988 nmewn
nmewn's picture

And if you refuse you don't get your severance package.

Go Team!

Really makes ya want to get up in the morning ;-)

Sat, 07/06/2013 - 18:46 | 3727036 InvalidID
InvalidID's picture

Debt collections are booming!

Sat, 07/06/2013 - 18:54 | 3727039 ebworthen
ebworthen's picture

Precisely.

Blackboard, Canvas, and the like.

Rote memorization check off lists; no discussion, debate, writing, or critical thinking.

Students supposedly "learning" as they click through a formulaic PowerPoint type slideshow, alone.

They'll take the tests together of course, while they sit on the couch drinking beer and eating delievered pizza or microwave'd easy meals because they can't make toast or boil water.

Tuition up as humans are taken out of equation;  higher profit, less overhead, more money for Administrators.

Before long there won't be classrooms or lecture halls or libraries, just a huge I.T. Department with banks of computers and "Engagement Centers" on campus with every fast food joint and bling restaurant imaginable where students are supposed to discuss and debate their "learning" but they just eat over-salted corporate slop, play on their devices, and hook-up.

Sat, 07/06/2013 - 18:58 | 3727052 nmewn
nmewn's picture

On the bright side, the homeless will now have some really cool buildings to crash in.

Forward!

Sat, 07/06/2013 - 19:21 | 3727107 jwoop66
jwoop66's picture

Present company excepted, I'm sure professor, but your profession has done more than its fair share to get us in the unconstitutional mess(es) we all presently occupy. 

Sat, 07/06/2013 - 18:12 | 3726971 LetThemEatRand
LetThemEatRand's picture

"it's not all rainbows and unicorns for the US employee."

Even unicorns are having a tough time.  Their days of making a living wage punching the hole in CDs are numbered thanks to iTunes.

Sat, 07/06/2013 - 18:19 | 3726987 Things that go bump
Things that go bump's picture

I used to make vinyl records at RCA. Then I became a typist. 

Sat, 07/06/2013 - 18:39 | 3727023 Jendrzejczyk
Jendrzejczyk's picture

Please go into central banking next.

Sat, 07/06/2013 - 20:30 | 3727229 Things that go bump
Things that go bump's picture

If I were to do that they would shortly be obsolete.

Sat, 07/06/2013 - 21:55 | 3727407 New_Meat
New_Meat's picture

It is Saturday night and all, but I'm guessing that was the point ;-)

Sat, 07/06/2013 - 19:11 | 3727081 SilverIsKing
SilverIsKing's picture

You must be old or worked for Uni or 33 1/3...lol.

Sat, 07/06/2013 - 20:28 | 3727223 Things that go bump
Things that go bump's picture

Old. Oldly enough, a medical transciptionist can still get work, it just doesn't pay anything. 

Sun, 07/07/2013 - 12:54 | 3728221 Midas
Midas's picture

Do you need to be able to spell transciptionist to get the job?

Sat, 07/06/2013 - 18:13 | 3726976 dynomutt
dynomutt's picture

Jumpin' Jupiter, those jobs STILL EXIST?!?!!?

 

I can't think of anywhere I've been in the last 15 years that has any positions that match anything like that.

 

Shipping clerk?  That's externalized

Bank Teller? ATM fix everything!

Data Entry Keyer?!? OCR and IT

Printing Press Operator??! Niche, probably a couple thousand left in the country, yes?  Newspapers being chucked in the dustbin of history can't help that.

Loan interviewers and clerks???!? THIS IS ZEROHEDGE! YOU KNOW WHY THIS IS DYING

File clerks?  Yes, I need a file clerk to tell me where COMMAND.COM is

Ticket agent? Externalized and/or automated

Sewing Machine Operator?  This is AMERICA! We can't all be American Giant!

Machine Feeders?!? Ditto, THIS IS AMERICA! We can't all be Tesla/GE!

Switchboard Operator?!!? Wasn't Woz's job in the 70's before Atari and Apple putting together blue boxes that Jobs would sell?  Even in the damned 70's these people were wastes of space!

Postal Services? Postal Barcode/autosort, budget cuts

Typists?!?!? EVERYONE IS A FUCKING TYPIST! HUNT AND PECK IS FOR FUCKING LOSERS!

Flight Attendants? Well, as long as they fit between the seats I guess they're fine.

Office machine operators?! Yes, I need some person JUST FOR operating my laser printer or labeler.  That really makes a whole lot of sense.

 

Seriously, if a company still has any of these and is run by anyone under 70, that person should be shown the door.  Over 70 and they should have been given their gold watch by now.

Sat, 07/06/2013 - 18:20 | 3726990 AR15AU
AR15AU's picture

My little bro has been in printing for a few years now.  It is niche.  All the operators and color mixers have been in the game forever, aging baby boomers, and there is no replacing them with a younger generation.  He can literally work anywhere in the country and they pay him ridiculous sums for such "labor".  Interesting how even in dying industries, there are still opportunities.

Sat, 07/06/2013 - 18:24 | 3726996 dynomutt
dynomutt's picture

I'm pretty sure most of the good work in that sector these days is in junk mail^H^H^H^H^H^H^H^H^Hpromotional circulars that just EVERYONE wants!

 

And absolutely, positively printed with eco-friendly inks.

Sat, 07/06/2013 - 18:47 | 3727038 NoDebt
NoDebt's picture

Even direct mail (please don't call it junk mail if you're talking to a junk mailer) is in outright decline.  Partly the internet eating it's lunch, partly a lack of desire to invest in an industry that depends on the bankrupt Post Office to deliver it's finished goods (mailing packages) in a timely fashion.  Most of the Mom-and-Pop DM shops have been eaten by the big boys.  Or just gone bust.

Google "Direct Group" out of New Jersey (now defunct).  If the company had been called "Phoenix Steel" the story would read almost exactly the same.

 

Sat, 07/06/2013 - 20:31 | 3727232 bluskyes
bluskyes's picture

I have made my niche maintinaing "legacy systems" that were scheduled to be retired 10+ years ago. No one young wants to learn the old shit, the old guys are retiring, and the systems still do what they were intended to.

Sun, 07/07/2013 - 01:25 | 3727063 ebworthen
ebworthen's picture

"Loan interviewers and clerks???!? THIS IS ZEROHEDGE! YOU KNOW WHY THIS IS DYING"

Yeah, we are getting to the point in the bubble cycle that they will give a loan to anyone with a pulse again.

"Typists?!?!? EVERYONE IS A FUCKING TYPIST! HUNT AND PECK IS FOR FUCKING LOSERS!"

Agreed, but just wait.  Keyboard to be replaced with thumb swipe text interpret pad, most communications will read like this:

"I go now, bill sent, u sign, u pay, we deliver, thx, nice day."

Sat, 07/06/2013 - 18:14 | 3726978 dynomutt
dynomutt's picture

I'm surprised punch-card keyers, stackers, and sorters wasn't on this list.

 

IBM fix everything

Sun, 07/07/2013 - 07:49 | 3727907 Headbanger
Headbanger's picture

Or nine track tape librarians.. 

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