You'll Probably Change Careers Twice in the Next 20 Years – Here's How to Survive It

Believe it or not, the average Australian will change occupations not once, but more than twice over the next 20 years.

And that's not just changing jobs—it's likely to be a complete shift into a different occupation.

Today, Simon Kuestenmacher and I discuss the evolving landscape of work in Australia, and explore the factors driving this change, including technology, demographics, and the need for flexible education and training systems.

The conversation also explores the role of migration in the workforce and highlights the importance of developing soft skills in preparation for future job markets.

Ultimately, we highlight the potential for positive outcomes from embracing career shifts and the necessity of adapting to a rapidly changing world.

Takeaways

· The average Australian is expected to change occupations more than twice in the next 20 years.

· Job mobility has decreased since the mid-90s due to housing affordability.

· Change is often seen as scary, but it can lead to new opportunities.

· Education systems need to adapt to prepare workers for changing job markets.

· Migration can fill skills gaps but should be managed strategically.

· Soft skills are becoming increasingly important in the workforce.

· Individuals must be proactive in upskilling and adapting to change.

· The pandemic has shaped a generation that is more resilient to change.

· Career zigzagging is becoming more accepted in the job market.

· Employers should invest in training to retain talent.

Chapters

00:00 The Future of Work: Changing Occupations

04:33 Drivers of Job Change: Technology and Demographics

09:12 Education and Training for Career Transitions

13:37 The Impact of AI on Job Markets

17:59 Migration and Its Effects on Local Employment

22:36 Skills for the Future: Adapting to Change

About Simon Kuestenmacher

Simon Kuestenmacher is co-founder and Director – The Demographics Group

Simon is a prolific media commentator on demographic and data matters and a columnist for The New Daily and The Australian newspapers.

He ranks as one of the world's Top 10 influencers in data visualisation. If you can't get enough of the kind of data that explains how the world works, make sure to follow Simon on Linked In or X (formerly Twitter) or any of his other social channels.

Click here for a media enquiry or if you would like to book Simon Kuestenmacher for a speaking engagement. His presentations and quirky observations are enjoyed by audiences from the financial services, property, government, education, technology, retail and professional services industries, among others.

About Michael Yardney

Michael Yardney - founder Metropole Property Strategists has been voted one of Australia's 50 most influential Thought Leaders

While he is best known as a property expert, Michael is also Australia's leading expert in the psychology of success and wealth creation.

Michael is a #1 best selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance and wealth creation.

Follow Michael on Linked In or Instagram

Are you interested in property investment - let the team at Metropole build you a Strategic Property Plan to help give you clarity, direction and wealth - producing results.