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Providing Lists of the “Best” Occupations Laurence Shatkin, PhD Senior Product Developer JIST Publishing, Inc. February 14, 2007 An Example of Making Labour Market Information More Useful for Clients
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Why list the “best” jobs? ► There are so many occupations, a first cut makes choice more manageable ► People like lists
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“Best” is subjective ► Some relevant factors contributing to “goodness” Interests Values Skills and abilities Work conditions Et cetera
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However, certain factors dominate Example: U.S. national norms for Values Scale (Neville & Super, 1989) SubscaleMeanS.D. Achievement16.922.47 Ability Utilisation* 16.762.26 Personal Development* 16.462.37 Economic Security 16.062.99 Economic Rewards 16.053.04 Life Style* 15.512.68 *low reliability (r<.70)
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Matching people and occupations What Person Wants What Occupation Has Achievement ? (depends on what you want to achieve) Ability Utilisation ? (depends on your abilities) Personal Development ? (depends on what development you need) Economic Security Job growth and job openings Economic Rewards Income Life Style ? (probably mostly income)
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Relevant Labour Market Information ► Income: median wage, Occupational Employment Survey of earnings (U.S.) ► Job growth: percent change in employment, Employment Projections (U.S.) ► Job openings: projected annual openings for growth and replacement, Employment Projections (U.S.)
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Assemble relevant data about occupations
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Occupations to exclude ► Those with negative growth and fewer than 500 openings per year (e.g., Bridge and Lock Tenders) ► Those for which economic information is lacking (e.g., Actors) ► Those for which there is minimal information (only definition and perhaps tasks) ► Numerous postsecondary teaching occupations (collapse into Teachers, Postsecondary)
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Rank-order them by wages (descending)
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Rank-order them by growth (descending)
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Rank-order them by openings (descending)
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Compute sum of ranks
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Sort by sum of ranks (ascending) and assign overall rank
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Set a cutoff (e.g., “10 Best Jobs”)
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Specialised lists of the “best jobs” ► Best-paying jobs ► Jobs with the most growth ► Jobs with the most openings
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Subsets of “best jobs” ► Jobs requiring various levels of education or training Helps people use their education Identifies occupations people can move into quickly Education level often represents prestige ► Jobs linked to interest fields and personality types Helps new career explorers narrow down options Helps with career transition
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More subsets of “best jobs” ► Jobs with a high percentage of Men Women (note caveats) Self-employed workers Part-time workers Workers in certain age brackets
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Starting with a limited universe of occupations ► All occupations Best Jobs for the 21 st Century ► Setting a level of education/training 200 Best Jobs for College Graduates 300 Best Jobs Without a Four-Year Degree 250 Best Jobs Through Apprenticeships
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Other ways of dividing/limiting the universe of occupations ► By Holland type 50 Best Jobs for Your Personality ► By high percentage of people of a certain age 225 Best Jobs for Baby Boomers
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Which occupations would be useful for your clients? ► Occupations linked to the majors at my college ► Occupations growing fast in my province Use provincial (instead of national) figures for employment projection and wages
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Limitations of this approach ► More is not always better Many people want only a certain minimum Being on the list is more important than being very high on the list ► The “streetlight fallacy” Lists tend to be made of things that can be listed
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More limitations of this approach ► Some people have a strong preference for a noneconomic factor, for example: Using an artistic talent Working outdoors Working with animals ► Some occupations are eliminated because of lack of information
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Questions?
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