Occupations with the Most New Jobs: Bachelor's Degrees Occupation20042014Percent Change Elementary school teachers, except special education14571722265.

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Presentation transcript:

Occupations with the Most New Jobs: Bachelor's Degrees Occupation Percent Change Elementary school teachers, except special education Accountants and auditors Computer software engineers, applications Computer systems analysts Secondary school teachers, except special and vocational education Computer software engineers, systems software Network systems and data communications analysts Network and computer systems administrators Middle school teachers, except special and vocational education Employment, recruitment, and placement specialists Source: United States Bureau of Labor Statistics,

Ten Hottest Careers for College Graduates Occupation Percent Change Network systems and data communications analysts Physician assistants Computer software engineers, applications Physical therapist assistants Dental hygienists Computer software engineers, systems software Network and computer systems administrators Database administrators Physical therapists Forensic science technicians Source: United States Bureau of Labor Statistics,

Ten Industries with the Fastest Employment Growth Industry Percent Change Home health care services Software publishers Management, scientific, and technical consulting services Residential care facilities Facilities support services Employment services Independent artists, writers, and performers Office administrative services Computer systems design and related services Outpatient, laboratory, and other ambulatory care services Source: United States Bureau of Labor Statistics,

Job Market for Class of 2007 Employers expect to hire 17.4% more new college graduates in than they did in , according to NACE Job Outlook 2007 Fall Preview Survey. Service employers project the biggest increase in college hiring: 19.8%. Manufacturers are also positive about hiring with an overall increase predicted of 9.5%.

U.S. Bureau of Labor Statistics: The more you learn the more you earn JobAverage Salary Management Trainee$40,231 Sales$39,480 Financial/Treasury Analysis$49,237 Consulting$51,556 Teaching$34,020 Accounting (private)$46,881 Project Engineering$51,546 Accounting (public)$46,368 Design/Construction Engineering$50,036 Software Design & Development$54,608 Salary Survey, NACE Summer 2007

Working-life Jobs & Careers Today’s workers will change jobs five times before age 40 and change careers three times before they retire. (Chronicle of Higher Education, Oct 24, 1984) Career changes every 10 years on average. (American Renaissance: Our Life at The Turn of the 21 st Century) On average, a student leaving college today can expect to have three to five careers and jobs during a work life that will last for years. (Journal of Planning and Employment, Winter 1990) Young people hold an average of nine jobs before the age of 32. (U.S. Department of Labor, 1999)

Annual Rates of Labor Force Growth, Source: Bureau of Labor Statistics The very rapid labor force growth over the 1970s reflected two dramatic changes: the baby-boom generation reached working age, and it became more common for women to work outside the home. Since the 1970s, the labor force has continued to grow, but at a slower pace. A substantial slowdown is projected for the period, as the baby- boom generation retires. Did You Know? The baby-boom generation was born between 1946 and The oldest baby boomers turn 62 this year.

Earnings and Unemployment by Education Levels Weekly EarningsUnemployment Rate Source: Bureau of Labor Statistics College graduates age 25 and over earn nearly twice as much as workers who stopped at a high school diploma. College graduates have experienced growth in real (inflation-adjusted) earnings since In contrast, high school dropouts have seen their real earnings decline. From 1979 to 2000, the earnings of college-educated women grew nearly twice as fast as the earnings of men. But these women still earn less than men. The unemployment rate for workers who dropped out of high school is nearly four times the rate for college graduates. Did You Know? High school graduates are more likely to go on to college today than in the past. Sixty-three percent of the year 2000 high school graduates had enrolled in college by the following fall.

Employer’s Projected Increases in College Hiring Employers responding to the NACE Research: Job Outlook 2009 Fall Preview survey plan to hire 6.1 percent more new graduates in than they did in While it’s a positive projection, it pales when compared to the expected percentage increases in the last five years.

Top Jobs for College Grads Management Trainee$40,231* Sales$39,480* Financial/Treasury Analysis$49,237* Consulting$51,556* Teaching$34,020* Accounting (private)$46,881* Design/Construction Engineering $50,036* Software Design & Development$54,608* *Average annual salary according to the U.S. Bureau of Labor Statistics

Selected Resources Department of Labor: Occupational Outlook Handbook: Job Web: America’s Career InfoNet: California EDD: JobStar Central: ONet: Career for the 21 st Century Career Center homepages The Unofficial Guide to Hot Careers