A fine critical synthesis of various challenges that have become much more punctuated in the past decade on finding good jobs for all people across the socio-economic cuts in the United States.
Over the past few years policy, people and industry have said many things about the nature of work and the skills Americans may or may not have to compete for positions in the future. What this book does is casts reasoned doubts on many of these well-worn narratives. Especially those that revolve around a supposed "skills-gap" that exists among most of the nations under/unemployed.
The author makes several valid points on the self-serving nature of industry touting this gap, lobbying for greater federal/social investment on minimizing skill, and benefiting from the anticipated increase in new labour flowing into the market with these skills, as a tactic to weaken labour's capability to push for higher wages. Whether this process is actually true is a matter of the data, and I'll leave the economist and labour data folks to construct that argument in book or report from. The books point on this front though is to even target skills as it were for large-scale investment (private or public) is probably folly, as it's even unclear what skills are actually productive in the workforce. Towards the end of the section on this topic, the author reveals there are several studies that suggest that "technical: skills like coding are now what brings above-average annual income and YoY growth on the income individual commands. No, it's evidently "analytic/reasoning" skills that yield these rewards according to several papers. Thus, all of the focus and capital going into code academies and boot camp may be offering up the wrong entree to their customers.
Some of these arguments are slight skews of the statistics, but a mostly true representation of what is probably happening on the ground. The author points out other things already pointed out several times before but should be made fresh about the nature of skill-building, especially in the context of education. For one, for most employers colleges are less manufacturing shops to build technicians that fill high skilled jobs, but more like filters that subsets out "undesirable" socio-economic cuts of the population. Perhaps more generously stated, a criterion to hire people more like the people who already work in highly desirable venues of employment. A good read on this phenomenon is Duff Macdonald's books on McKinsey and HBS, though this is definitely true of less prestigious firms and probably of many "non-elite" companies as well. It seems to be a function of human sociology.
Among other things covered here is a critical view of the gig economy, the lack of meaningful work (or good work), which are jobs that provide us agency of our lives. These can be highly demanding or not, but even a well-paid job that provides little agency in one's life may end up being a bad job, as the author illustrates from a short story of a late 20 something who graduated from an ivy and was recruited into an elite consulting gig finds out. One thing that is often not reported by many in pop-business books is that policies promoting startups and small businesses are misplaced as tools to expand quality employment. Many of these firms will at most provide occupation for the owners, and thus not build jobs net to the replacement of the founders from their previous work to the startup. Silicon Valley is not a policy fix for America's job woes. Though the contrary side will state that this may be, the very select that do make it often do net jobs, it's effectively a Pareto phenomenon. Maybe, but the author also points out that many of the jobs the valley are hiring for cannot (or will not) take any old joe. Despite the notion of meritocracy, the barrier to entry for these jobs are still very high.
The author doesn't leave the reader with no recommendations though. The last quarter or so of the book is dedicated to outlining some partial solutions that are in place now and suggest ones for the future. These include a kind of maker-space/labor-friendly workspace model where people can work together as their own SME so to speak and find meaningful employment this way (well call this the "We-work" model), an analysis of Finlands job solutions, which includes a subsidizing of job-search and self development to husband people during transition, and even a community college system in the midwest that seeks to push people from manufacturing to new good jobs (with mixed effects). The author also outlines some exemplary companies like QT. Pretty good summary of the state of affairs. Not really revolutionary, won't provide any new information to those who keep up with this topic, still well-executed book and thoughtful. Recommended