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

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Presentation on theme: "Occupations with the Most New Jobs: Bachelor's Degrees Occupation20042014Percent Change Elementary school teachers, except special education14571722265."— Presentation transcript:

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2 Occupations with the Most New Jobs: Bachelor's Degrees Occupation20042014Percent Change Elementary school teachers, except special education14571722265 Accountants and auditors11761440264 Computer software engineers, applications460682222 Computer systems analysts487640153 Secondary school teachers, except special and vocational education 10241172148 Computer software engineers, systems software340486146 Network systems and data communications analysts231357126 Network and computer systems administrators278385107 Middle school teachers, except special and vocational education 62871486 Employment, recruitment, and placement specialists1822755 Source: United States Bureau of Labor Statistics, www.bls.govwww.bls.gov

3 Ten Hottest Careers for College Graduates Occupation20042014Percent Change Network systems and data communications analysts 23135755 Physician assistants 629350 Computer software engineers, applications 46068248 Physical therapist assistants 598544 Dental hygienists 15822643 Computer software engineers, systems software 34048643 Network and computer systems administrators 27838538 Database administrators 10414438 Physical therapists 15521137 Forensic science technicians 101336 Source: United States Bureau of Labor Statistics, www.bls.gov.www.bls.gov

4 Ten Industries with the Fastest Employment Growth Industry20042014Percent Change Home health care services 773131069 Software publishers 23940067 Management, scientific, and technical consulting services 779125060 Residential care facilities 1240184048 Facilities support services 116171047 Employment services 3470505046 Independent artists, writers, and performers 426145 Office administrative services 31945041 Computer systems design and related services 1147160039 Outpatient, laboratory, and other ambulatory care services 836166039 Source: United States Bureau of Labor Statistics, www.bls.org.www.bls.org

5 Job Market for Class of 2007 Employers expect to hire 17.4% more new college graduates in 2006-07 than they did in 2005-06, 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%.

6 U.S. Bureau of Labor Statistics: The more you learn the more you earn JobAverage Salary 06-07 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

7 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 10-12 jobs during a work life that will last for 40-50 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)

8 Annual Rates of Labor Force Growth, 1950-2025 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 2015- 2025 period, as the baby- boom generation retires. Did You Know? The baby-boom generation was born between 1946 and 1964. The oldest baby boomers turn 62 this year.

9 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 1979. 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.

10 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 2008-09 than they did in 2007-08. While it’s a positive projection, it pales when compared to the expected percentage increases in the last five years.

11 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 2006-2007 according to the U.S. Bureau of Labor Statistics

12 Selected Resources Department of Labor: http://www.bls.gov/opub/working/page1a.htmhttp://www.bls.gov/opub/working/page1a.htm Occupational Outlook Handbook: http://www.bls.gov/oco/http://www.bls.gov/oco/ Job Web: http://www.jobweb.com/http://www.jobweb.com/ America’s Career InfoNet: http://www.acinet.org/acinet/http://www.acinet.org/acinet/ California EDD: http://www.caljobs.ca.gov/http://www.caljobs.ca.gov/ JobStar Central: http://jobstar.org/index.phphttp://jobstar.org/index.php ONet: http://online.onetcenter.org/http://online.onetcenter.org/ Career for the 21 st Century Career Center homepages The Unofficial Guide to Hot Careers


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