Can You Benefit From a "New Collar" Job?

The work world has been changing, and in some job markets the line between white and blue collar jobs has blurred. This has created a different classification known as "new collar," skilled jobs with the strong possibility of upward mobility that do not require a college degree.

It's a phenomenon that was first highlighted by IBM CEO Ginni Rometty last November. She wrote a letter to then-President-elect Donald Trump urging him to help create jobs in this new category. The letter pointed out that her company does not always require a college degree, instead evaluating potential employees based on their skills.

Now, a year later, there are significant efforts to create these types of jobs while training workers to fill them, explained ZipRecruiter Chief Economist Catherine Barrera in a blog post. She noted Congress issued the New Collar Jobs Act to support training for cyber-security skills in July. In addition, she pointed out that companies including IBM and Microsoft have partnered with nonprofits to create training programs and hiring programs that lead to already in demand "new collar" jobs.

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Source: Fool.com