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The Future of WorkWhere are the Jobs? 2004-2014
Career ServicesCentral Piedmont Community CollegeOctober 2007
Hot JobsFastest Growing (Percents)
2002-2012Medical Assistants 59%Network Systems/Data Communications
Analysts 57%Physician Assistants 49%Social and Human Service Assistants 49% Home Health Aides 48%Medical Records/Health Information 47% Technicians
Physical Therapist Aides 46%Computer Software Eng., Applications 46%Computer Software Eng., Systems Software 45%Physical Therapist Assistants 45%
2004-2014Home Health Aides 56%Network Systems & Data Comm. Analysts 54.6%Medical Assistants 52.1%Physicians Assistants49.6%Computer Soft. Engineers 48.4%Physical Therapist Assistants 44.2%Dental Hygienists 43.3%Computer Soft Eng, System Software 43%Dental Assistants 42.7%Personal and Home Care Aides 41%
Largest Job Growth(Numbers)
2002-2012
Registered NursesPostsecondary TeachersRetail SalespersonsCustomer Services Reps.Food Prep/ServersCashiersJanitors/CleanersGeneral/Operations Mgrs.Waiters/WaitressesNursing Aides/Orderlies
2004-2014
Retail SalespersonsRegistered NursesPostsecondary TeachersCustomer Service RepsJanitors/CleanersWaiters/WaitressesFood Prep/ServersHome Health AidesNursing Aides/OrderliesGeneral/Operations Mgrs.
Food Service and Health Care have accounted for about 1/2 of all non-farm employment growth in 2007. …BLS, October 5, 2007
Fastest Growing Industries Wages and Salaries
Home Health Care Services Software Publishers Consulting Services* Residential Care Facilities Facilities Support Services Employment Services Independent Artists, Writers, and Performers Office Administrative Services Computer Systems Design Outpatient, Laboratory and other Ambulatory Health Care
Services * Management, Scientific and Technical
Health Care
Where they will work:Home Health Care 69.5%Outpatient Care Centers 44.2%Offices/other practitioners 42.7%Dentists 31.7%Ambulatory care services 37.7%Physicians Offices 37%Nursing Homes 27.8%Labs 27.1%Hospitals 13.1%
Careers Home Health Aides 56% Medical Assistants 52% Physician Assistants 50% Physical Therapist
Assistants 44%
Health Care Jobs 3.6 million new jobs – 19% increase of all jobs High turnover and retirements Tougher immigration rules limit foreign workers Increased health care needs of older population Life expectancies rise Aging children unable to care for parents Improved survival rates of severely ill/physical
therapy New technologies will identify and treat conditions Medical groups will become larger/more complex Shift from inpatient to outpatient/ home health
care Need to work in settings other than hospitals Use more assistants to contain costs Replacement needs will offset technological
changes to keep demand high
Occupations with the Most New Jobs: Associate's Degrees or Postsecondary Vocational
Registered nurses +703 Nursing aides, orderlies, and attendants
+325 Preschool teachers, except special education
+143 Automotive service technicians and
mechanics +126 Licensed practical / licensed vocational
nurses +124 Computer support specialists +119 Hairdressers, hairstylists, and
cosmetologists +98 Dental hygienists +68 Paralegals and legal assistants +67 Medical secretaries +63
---increase 2004-2014 (numbers are in thousands of jobs)
Recent Job Losses
----Philip L. Rones, Acting Commissioner Bureau of Labor Statistics, October 5, 2007
MortgageMortgage LendingLending/Related/Related
46,000 since Feb. 2007
Employment Employment ServicesServices
223,000 since Sept 2006
Residential ConstructionResidential Construction
112,000 in one year
ManufacturingManufacturing
223,000 since Sept 2006
Impacts on Jobs
Outsourcing: abroad or to other firms Global Competition: educated populations Baby Boomer Retirements Occupational Labor Shortages Immigration- high and low skilled jobs Discoveries of new technologies /production Automation Business Practices
Survivors
Accountant financial life planner Secretary more complex tasks, planning,
accounting, etc Computer Programmer needs industry
specific people skills Bank Teller answers higher level requests Factory Worker expert on computer-
controlled machines"I think there's going to be an enormous shift of occupations. Most jobs are going
to change. They'll survive, but they'll change." … futurist Alvin Toffler, author of Future Shock and Revolutionary Wealth
Why Jobs Move Offshore/Change
Work is highly repetitive (accounting) Work is predictable and well defined
(customer service)
Can be broken down into small manageable projects (software development)
Can be turned into a routine (Tele-marketing)
Proximity to the end customer is not important (phone based tech support of consumer products)
End customer has already moved offshore (semiconductor sales)
“Safe” Careers
Jobs That Stay…
High degree of ambiguity (top management positions) Unpredictable (hands on technical
troubleshooting) Understanding of the culture is critical
(authoring books, marketing, comedians)
Time is of the essence (fast product development) Requires a high degree of collaboration (making a movie) Requires close proximity to the end customer
(firefighting, auto repair, dental work) Requires high degree of creativity and innovation
(creating new products, technical breakthroughs, writing music)
Requires complex communication skills Needs to understand and implement the “big picture” Involves complex pattern recognition (counselor, lawyer)
NewNewHydrogen Fuel Station Mrg.
Hollywood HolographerDrowned City Specialist
Quarantine EnforcerSpace Tour GuideAnimal GuardianRobot MechanicGene ScreenerDirigible Pilot
NewNewHydrogen Fuel Station Mrg.
Hollywood HolographerDrowned City Specialist
Quarantine EnforcerSpace Tour GuideAnimal GuardianRobot MechanicGene ScreenerDirigible Pilot
RemainRemain
PoliticianMortician
Tax CollectorReligious Leader
BarberArtist
Soldier
RemainRemain
PoliticianMortician
Tax CollectorReligious Leader
BarberArtist
Soldier
DisappearDisappear Grocery Store Clerk
Film ProcessorCD Store ManagerUnion Organizer
Encyclopedia WriterMiner
Construction WorkerFighter Pilots
Call Center RepsOil Wildcatter
DisappearDisappear Grocery Store Clerk
Film ProcessorCD Store ManagerUnion Organizer
Encyclopedia WriterMiner
Construction WorkerFighter Pilots
Call Center RepsOil Wildcatter
Going Green
Hydrologists – flood control environmental preservation
Environmental Engineers Environmental Health Scientists Urban/Regional Planners Environmental Consulting
“The green-energy business already accounts for at least 14,400 jobs and is growing three times as fast as other major industries”
– Massachusetts Technology Collaborative
The Graying of the Workforce Baby Boomers in 2014 will be 50-
68 2005-50 massive exit from
workforce Loss of knowleable workforce Will live between 85-95 Work longer? Need computer skills Retirement ages change:70, 72,
75? By 2040 a big inheritance might go
to the next generation?
Education Pays
Median Weekly Earnings in 2006 (Dollars)
$0$500
$1,000$1,500$2,000
Doct
ora
ldegre
e
Pro
fess
ional
degre
e
Mast
er's
degre
e
Bach
elo
r'sdegre
e
Ass
oci
ate
degre
e
Som
eco
llege, n
odegre
e
Hig
h-s
chool
gra
duate
Less
than a
hig
h s
chool
dip
lom
a
1.4 1.1 1.7 2.3 3 3.9 4.3 6.8
Unemployment % in 2006 by Education
Action Strategies
Research career before entering
Talk to a professional in the field you are considering
Choose a high demand career that even the labor markets of China & India will not fill all the jobs
Stay current with learning~ computer and communication skills
Great Work Ethic & Positive Attitude
Be alert in highly repetitive jobs that do not require close proximity to the customer
Resources
Bureau of Labor Statistics December 2005, 2004-2024 Outlook, Next possible update – November 2007 www.bls.gov
Occupational Outlook Quarterly Reports www.bls.gov
Jobs Of The Future, Hannah Clark, 05.23.06, Forbes Magazine
Bureau of Labor Statistics, U.S. Department of Labor, Career Guide to Industries, 2006-07 Edition, Health Care, on the Internet at http://www.bls.gov/oco/cg/cgs035.htm (visited October 14, 2007).
Statement by Philip L. Rones, Acting Commissioner Bureau of Labor Statistics, October 5, 2007
"A new look at long-term labor force projections to 2050," Monthly Labor Review, November 2006, pp. 19-39, by Mitra Toossi