Final answer:
In a flat world with diversified job markets, good jobs will be available for those with transferable skills, higher education, and the ability to adapt. Job growth favors those with advanced degrees, and education is increasingly important to achieve the American Dream.
Step-by-step explanation:
There will be plenty of good jobs out there in the flat world for people with the right skills and education. As per the data, the United States has seen rich diversity in the educational background of immigrants, with many possessing college degrees and others having less than a high school diploma. Immigrants have therefore been able to fill a range of roles from high-wage to low-skill jobs.
During the recession of 2008, many jobs were lost, but employers continually sought individuals with "transferable skills" who could adapt their knowledge and abilities to various settings. Moreover, the trend is for jobs requiring higher education and training to grow more than those requiring less education. For instance, jobs necessitating a professional or master's degree are expected to increase substantially, showcasing that education remains key to accessing fulfilling job opportunities and achieving the American Dream.
However, workers with industry-specific skills, like factory workers, face challenges during industry declines, as their skills are not easily transferable. This was evident with manufacturing jobs being outsourced and the decline of farming jobs, highlighting the importance of diverse, adaptable skills. The American occupational landscape emphasizes the value of higher education to not only secure a job but also maintain a competitive edge in an evolving market.