Nand Kishor is the Product Manager of House of Bots. After finishing his studies in computer science, he ideated & re-launched Real Estate Business Intelligence Tool, where he created one of the leading Business Intelligence Tool for property price analysis in 2012. He also writes, research and sharing knowledge about Artificial Intelligence (AI), Machine Learning (ML), Data Science, Big Data, Python Language etc... ...Full Bio
Nand Kishor is the Product Manager of House of Bots. After finishing his studies in computer science, he ideated & re-launched Real Estate Business Intelligence Tool, where he created one of the leading Business Intelligence Tool for property price analysis in 2012. He also writes, research and sharing knowledge about Artificial Intelligence (AI), Machine Learning (ML), Data Science, Big Data, Python Language etc...
Data science is the big draw in business schools
949 days ago
7 Effective Methods for Fitting a Liner
959 days ago
3 Thoughts on Why Deep Learning Works So Well
959 days ago
3 million at risk from the rise of robots
959 days ago
Top 10 Hot Artificial Intelligence (AI) Technologies
Why Old-Timey Jobs Are Hot Again
Millennials are driving a resurgence of age-old crafts, choosing to become bartenders, butchers and barbers in part as a reaction to the digital age.
Gentrification isn't just taking place in working-class neighborhoods. It's happening to jobs, too.
Walk around parts of Brooklyn, Portland or Pittsburgh, and you'll find stylish cocktail bars, barbers and the occasional butcher shop staffed by young, college-educated employees. For an affluent segment of today's urban economy, these jobs have been revalued from low-status semi-manual labor to glamorous occupations, says sociologist Richard Ocejo.
In his new book "Masters of Craft: Old Jobs in the New Urban Economy," Mr. Ocejo examines the forces driving a resurgence of occupations such as butcher and bartender among young middle-class urbanites. A similar dynamic is at work with a handful of other jobs, including craft brewer, bookbinder, furniture maker and fishmonger.
The Labor Department projects that between 2014 and 2024 the number of bartenders and barbers in the U.S. will grow 10%, while butchers will see a 5% increase, compared with a 7% job growth for all occupations over the same period. Median pay for these jobs was less than $30,000 a year in 2016.
Millennials are drawn to these occupations, in part, as a reaction to "the ephemerality of the digital age," says Mr. Ocejo, a sociology professor at John Jay College of Criminal Justice and the City University of New York Graduate Center.
Distinct from many of today's most vaunted jobs in fields like information technology and financial services, these trades "are based in using your hands, with actual tools and materials, to provide a tangible concrete product," he says.
To attract young people with college degrees and other options in the labor market, jobs usually have an element of performance to them, Mr. Ocejo says. In most of the careers he studied for "Masters of Craft," workers interact closely with customers, often in a public setting where their skill and knowledge can be admired. That's why some manual positions like electrician and plumber are unlikely to experience the same "revalorization," he says.
Unlike real-estate gentrification, where the arrival of more affluent people displaces lower-income residents in a neighborhood, hipsters generally aren't displacing workers at more conventional businesses in the same industry, Mr. Ocejo says.
A trendy whole-animal butcher isn't pushing out the local butcher shop, he says, since it likely "closed a long time ago when the Italians moved out." And it isn't hurting the halal butchers in the neighborhood either, since those shops serve a different clientele.
"They've created a niche that didn't exist before, and they're operating along parallel but very, very separate paths" with pre-existing businesses, Mr. Ocejo says.
But with aesthetics playing such a key role in the craft-business idealā??from bartenders with suspenders and handlebar mustaches to tattooed butchers carving an unusual cut of meatā??Mr. Ocejo says the jobs tend to attract people from similar cultural backgrounds, creating a barrier for others.
"It's very difficult if you are from a working-class background or a minority to get one of these jobs, which would give you higher wages, networking opportunities and more interesting work," he says. "That's a challenge for these companies: to become more inclusive and not just hire people who look like them or are part of their social network." Continue Reading>>