Employment Opportunities: A Guide for Students

Elizabeth Moreno

Economic Analysis and Information office April 25, 2012

Overview BLS Introduction

Employment Projections 2010-2020

Employment outlook

Education and Employment

The importance of having an education

TPC Student Survey Results!

Overview of occupational profiles

Occupational Outlook Handbook

2

Resources Available

Employment Projections 2010-2020

Published every 2 years

700+ occupations and about 300 industries

Occupational Outlook Handbook

Published every 2 years

341 Occupational Profiles; 85% of jobs

3

Occupations vs. Industries

Occupation: set of activities or tasks that employees are paid to perform

Industry: a group of establishments that produce similar products or provide similar services

Ex: Occupation: Secretary

Industry: ?

Employment Projections

Uses of Employment Projections Data

Career counselors

Education/training officials

Students

Researchers

Mid-career jobseekers

6

Employment Projections Key Points

Projections assume a full-employment economy in 2020

National data

Recession impacts on projections

Employment projected to grow by 14.3% over the decade, with 20.5 million new jobs

7

Employment Outlook: 2010-20

Employment Outlook and Survey Results!

8

Percent Change vs. Numeric Change

9

61.7%

7.3%

Biomedical engineers

Cashiers

Percent employment growth in two occupations, projected 2010-20

9.7

250.2

Biomedical engineers

Cashiers

Numeric employment growth in two occupations, projected 2010-20, in thousands

Percent Change in Employment for Selected Major Occupational

Group

34.5%

26.8%

25.9%

24.2%

22.2%

22.0%

17.3%

15.5%

15.3%

14.7%

10.8%

10.3%

7.0%

Healthcare support

Personal care and service

Healthcare practitioners and technical

Community and social service

Construction and extraction

Computer and mathematical

Business and financial operations

Life, physical, and social science

Education, training, and library

Installation, maintenance, and repair

Legal

Office and administrative support

Management

14.3% Average growth rate of all occupations Thousands of jobs, projected 2010-20

Employment Change for Selected Major Occupational Group

Thousands of jobs, projected 2010-20

2,335.7

2,019.7

1,443.7

1,407.2

1,403.7

1,336.6

1,172.5

800.2

778.3

615.8

582.3

190.8

131.0

Office and administrative support

Healthcare practitioners and technical

Healthcare support

Construction and extraction

Education, training, and library

Personal care and service

Business and financial operations

Installation, maintenance, and repair

Computer and mathematical

Management

Community and social service

Life, physical, and social science

Legal

Survey Results!

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Management 21%

Legal Occupations

9%

Business and Financial

Operations 20%

Life Physical and Social

Science 21%

Education Training and

Library Occupations

20%

Community and Social

Service 9%

Community and Social Service

• $45,830/year • 63,400 jobs in 2010 • Projected Growth: 37%

Health Educators

• $42,480/year • 650,500 jobs in 2010 • Projected Growth: 25%

Social Workers

• $39,710/year • 156,300 jobs in 2010 • Projected Growth: 37%

Mental Health Counselors and Marriage and

Family Therapists

• $53,380/year • 281,400 jobs in 2010 • Projected Growth: 19%

School and Career Counselors

Overall Average Growth: 14.3 %

2010-2020 Projections

Education, Training, and Library

• $53,920/year • 103,000 jobs in 2010 • Projected Growth: 2%

Career and Technical Education Teachers

• $53,220/year • 459,600 jobs in 2010 • Projected Growth: 17%

Special Education Teachers

• $54,500/year • 156,100 jobs in 2010 • Projected Growth: 7%

Librarians

• $62,050/year • 1,756,000 jobs in 2010 • Projected Growth: 17%

Postsecondary Teachers

Overall Average Growth: 14.3 %

2010-2020 Projections

Life, Physical, and Social Science

• $89,450/year • 15,400 jobs in 2010 • Projected Growth: 6%

Economists

• $107,420/year • 5,600 jobs in 2010 • Projected Growth: 8%

Political Scientists

• $68,640/year • 174,000 jobs in 2010 • Projected Growth: 22%

Psychologists

• $72,360/year • 4,000 jobs in 2010 • Projected Growth: 18%

Sociologists Overall Average Growth: 14.3 %

2010-2020 Projections

Business and Financial Operations

• $61,690/year • 1,216,900 jobs in 2010 • Projected Growth: 16%

Accountants and Auditors

• $74,350/year • 236,000 jobs in 2010 • Projected Growth: 23%

Financial Analysts

• $58,360/year • 487,200 jobs in 2010 • Projected Growth: 7%

Purchasing Managers, Buyers,

and Purchasing Agents

• $52,690/year • 442,200 jobs in 2010 • Projected Growth: 21%

Human Resources Specialists Overall Average

Growth: 14.3 %

2010-2020 Projections

Legal Occupations • $46,680/year • 256,000 jobs in 2010 • Projected Growth: 18%

Paralegals and Legal Assistants

• $112,760/year • 728,200 jobs in 2010 • Projected Growth: 10%

Lawyers

• $91,880/year • 62,700 jobs in 2010 • Projected Growth: 7%

Judges, Mediators, and Hearing Officers

• $47,700/year • 22,000 jobs in 2010 • Projected Growth: 14%

Court Reporters Overall Average Growth: 14.3 %

2010-2020 Projections

Management Occupations • $77,890/year • 254,300 jobs in 2010 • Growth: 15%

Administrative Services

Managers

• $108,260/year • 216,800 jobs in 2010 • Growth: 14%

Advertising, Promotions, and

Marketing Managers

• $86,970/year • 236,100 jobs in 2010 • Growth: 10%

Elementary, Middle, and High School Principals

• $89,170/year • 29,800 jobs in 2010 • Growth: 15%

Training and Development

Managers

Overall Average Growth: 14.3 %

2010-2020 Projections

Annual Mean Wages May 2011

19

$107,410

$98,380

$68,740

$67,470

$50,870

$43,830

Management

Legal occupations

Business and financial operations

Life, physical, and social science

Education, training, and library occupations

Community and social service

-$10,000 $10,000 $30,000 $50,000 $70,000 $90,000 $110,000

Education Pays

Employment by Typical Entry-level Education Category: 2010

21

4,409.7

1,986.0

22,171.1

7,994.6

6,524.0

811.6

62,089.6

37,081.7

Doctoral or professional degree

Master's degree

Bachelor's degree

Associate's degree

Postsecondary non-degree award

Some college, no degree

High school diploma or equivalent

Less than high school

Thousands of jobs

Employment Change by Typical Entry-level Education Category

876.6

431.2

3,651.6

1,440.0

1,100.9

142.2

7,576.1

5,245.7

Doctoral or professional degree

Master's degree

Bachelor's degree

Associate's degree

Postsecondary non-degree award

Some college, no degree

High school diploma or equivalent

Less than high school

22

Thousands of jobs, projected 2010-20

Thousands of jobs, projected 2010-20

Graduate Degree Occupations with the Largest Job Growth

Thousands of jobs, projected 2010-20

Bachelor’s Degree Occupations with the Largest Job Growth

Thousands of jobs, projected 2010-20

High School Diploma Occupations with the Largest Job Growth

Employment Outlook: 2010-20

Resources for Additional Information

26

Occupational Outlook Handbook

27

www.bls.gov/ooh

Occupational Outlook Quarterly

28

www.bls.gov/ooq

To subscribe: http://www.bls.gov/opub/ooq/subscrib.htm

Contact Information

Economic Analysis and

Information Office

www.bls.gov/ro3

215-597-3292

BLSinfoPhiladelphia@bls.gov