The Bureau of Labor Statistics recently published its employment/wage projections for the years 2010-2020. The following table lists the 30 occupations that the BLS believes will have the largest numerical growth in employment over the period.
The table is worth a long look. Among other things it challenges the assertion that more education is the key to a better employment future. More education is, of course, generally a good thing. But given BLS projections, it appears that our corporations have little interest in creating jobs requiring (and thus paying) a more highly educated workforce.
Of the 30 occupations with the largest projected numerical employment growth, 10 require less than a high school education and an additional 13 require only a high school diploma or its equivalent. Only 4 require a bachelor’s degree or higher.
The following table, which comes from the same report, shows the distribution of projected job openings by education level for all occupations: 79.7% of all projected jobs will require less than a bachelor’s degree.
Comments 13
Jose Rivera — February 23, 2012
Are these facts a reflection of the decline of the USA economy as a world leader and power? Less-developed countries are generally characterized by a workforce with lower level educational profile. The jobs available in such countries are also low-skills jobs. Is this what will happen in the USA?
Anonymous — February 24, 2012
Education might not be the key to a better employment future, but it appears to be key to a better earning future.
Only four of those occupations require a bachelor's degree or higher, but three of those four are among the top five by median annual wage.
Jtomp — February 26, 2012
Martin,
Sorry, but your take on this is fantastically (and hilariously) wrong. Consider Table 6, where you note that "79.7% of all projected jobs will require less than a bachelor’s degree." Presumably, this is meant to constitute further evidence that "our corporations have little interest in creating jobs requiring (and thus paying) a more highly educated workforce." Perhaps, but might it not also result from the fact that, in 2010, 80.1% of all jobs required less than a bachelor's degree? Long story short, by 2020, FEWER jobs will require less than a bachelors degree than was the case in 2010, from 80.1% to 79.6%. In taking a "long look" at tables such as these, it is always important to consider the margins.
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[...] look better. And it’s getting worse — check out Martin Hart-Landsberg’s recent post on SocImages, where the fields with the most expected growth in the next ten years include things [...]
Sick and Desperate in the USA « Sasha Said — April 9, 2012
[...] Get a better job! Why didn’t I think of that!? Let’s ignore for a moment the extreme difficulty of finding the time, money, and energy to go to night school when you’re forced to work two jobs just to make ends meet. Let’s also ignore the fact that we’ve already got millions of people working jobs far below their education level because those are the only jobs available (nor is this likely to change any time soon; according to the Bureau of Labor Statistics, only 4 of the 30 occupations with the largest projected employment growth over the next decade requi...). [...]
River Hughes — November 22, 2021
Some professions though still require at least BA, otherwise employees would have insufficient knowledge or absence of analytical or critical thinking skills at all. As only educational institutions constantly work on forming those skills. For example, in order to do my programming homework for me, AssignmentCore.com programmers providing instant help online, are required to hold at least BA in programming, otherwise how can they know about efficient ways to help university students with their coding?
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Schooling probably won't be the way in to a superior business future, yet it has all the earmarks of being vital to a superior procuring future.
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