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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.

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Presentation on theme: "Providing Lists of the “Best” Occupations Laurence Shatkin, PhD Senior Product Developer JIST Publishing, Inc. February 14, 2007 An Example of Making Labour."— Presentation transcript:

1 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

2 Why list the “best” jobs? ► There are so many occupations, a first cut makes choice more manageable ► People like lists

3 “Best” is subjective ► Some relevant factors contributing to “goodness”  Interests  Values  Skills and abilities  Work conditions  Et cetera

4 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)

5 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)

6 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.)

7 Assemble relevant data about occupations

8 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)

9 Rank-order them by wages (descending)

10 Rank-order them by growth (descending)

11 Rank-order them by openings (descending)

12 Compute sum of ranks

13 Sort by sum of ranks (ascending) and assign overall rank

14 Set a cutoff (e.g., “10 Best Jobs”)

15 Specialised lists of the “best jobs” ► Best-paying jobs ► Jobs with the most growth ► Jobs with the most openings

16 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

17 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

18 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

19 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

20 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

21 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

22 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

23 Questions?


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