careers of the future: what students need to know about the job market

CAREERS OF THE FUTURE: What Students Need to Know About the Job Market

2

Think you don’t need an education? THINK AGAIN!

Education pays in higher earnings and lower unemployment rates.

Source: Current Population Survey

3

4

About 10% of people with just a high school diploma live in poverty,

but the percentage doubles to 20% among those with less education.

SOURCE: Indiana Career and Postsecondary Advancement Center

It Pays to Stay in School

5

Source: Winter 2017 Salary Survey, National Association of Colleges and Employers

BROAD CATEGORY 2017 AVERAGE SALARY

Engineering $66,097Computer Science $65,540Math & Sciences $59,368Business $54,803Agriculture & Natural Resources $54,364Social Sciences $53,459Communications $51,925Humanities $48,733

6

There are many sources of training:

• Apprenticeship• On-the-Job Training• Business Schools• The Military• BOCES, Technical Schools• 2- or 4-year Colleges• Graduate School

It doesn’t matter where you get the training, as long as you get it!

The Best Paying Jobs Require 2 or More Years of Education and/or Training

7

The most important SKILL employers seek in job candidates is the ABILITY TO COMMUNICATE EFFECTIVELY

Also important is…

• STRONG WORK ETHIC

• TEAMWORK

• INITIATIVE

• INTERPERSONAL SKILLS

• PROBLEM-SOLVING and ANALYTICAL ABILITIES

SOURCE: 2007 NACE survey (National Association of Colleges and Employers)

8

INCREASE YOUR CHANCES OF BEING HIRED BY HAVING…

• THE ABILITY TO LEARN & RETRAIN

• GOOD COMPUTER SKILLS

• RELATED EXPERIENCE THROUGH INTERNSHIPS, MENTOR RELATIONSHIPS, JOB SHADOWING & OTHER WORK EXPERIENCES

• BEING CREATIVE & FLEXIBLE

9

STEM OCCUPATIONS ARE GROWING:

* SCIENCE (biochemist, conservation scientist)

* TECHNOLOGY (computer systems analyst)

* ENGINEERING (civil, electrical, environmental)

* MATHEMATICS (actuary, financial analyst)

10STEM OCCUPATIONS:

• Require the ability to think logically.

• People working in STEM careers, on average, earned $65,100, which is eighty percent more than the average for all workers in the Central New York Region.

* Starting salaries are higher for STEM workers than for workers in many other disciplines.

* Demand for STEM workers is increasing.

12

Emerging Fields:

Combining Science & TechnologyBiotechnologyCreating new cures for diseases, new pesticides, fuel sources, etc.

Geospatial Technology Identifies the location of natural or man-made features on the earth.

NanotechnologyThe study of extremely small elements at the atomic level.

13

Telecom Broadband & wireless technologies are expanding animation, video & other media.

Energy Developing economically viable solar power & hydrogen fuel cells.

Space The long-awaited commercialization of space could open up new frontiers & jobs. Entrepreneurs are eager to enter the space tourism business and even mine asteroids.

Emerging Fields:

Combining Science & Technology

14

Emerging Occupations/Industries:

Hospitalists (can admit patients to the hospital; 24-hour resource right there within the hospital; someone on-site to deal with any situation that comes up.Increasingly common)

Patient Navigators (health care field; assist patients with serious illnesses (i.e. cancer, diabetes, etc…navigate through the health care system)

Energy Building Auditors (construction field, evaluate green building construction)

Environmental & Green Technology Occupations (solar panel installers etc..)

Social Media Coordinators

Chief Diversity Officers

Biomedical Engineering Technologies (repair medical equipment in hospitals, Dr. offices, etc…)

15

Emerging Occupations/Industries:

Elder Concierge Services (non-health care services such as household chores,running errands, driving clients to doctor appointments, and companionship activities).

16Examples of Common Green Jobs:General & Operations ManagersEngineering ManagersPurchasing Agents, Exc. Wholesale, Retail, & Farm ProductsAccountants & AuditorsMechanical EngineersSales Representatives, Wholesale & Manufacturing, Except Technical & Scientific ProductsBookkeeping, Accounting, & Auditing ClerksProduction, Planning, & Expediting ClerksShipping, Receiving & Traffic ClerksExecutive Secretaries & Administrative AssistantsOffice Clerks, GeneralMaintenance & Repair Workers, General

17Examples of Common Green Jobs:

First-Line Supervisors/Managers of Production & Operating Workers MachinistsWelders, Cutters, Solderers, & BrazersConstruction LaborersElectriciansCutting, Punching, & Press Machine Setters, Operators & Tenders, Metal & PlasticTeam AssemblersElectrical & Electronic Equipment AssemblersInspectors, Testers, Sorters, Samplers, & WeighersHelpers - Production WorkersLaborers & Freight, Stock, & Material Movers, Hand

18

SOURCE: U.S. Department of Labor, Bureau of Labor Statistics, Projections 2016– 2026

Fastest-Growing Occupations in the U.S.,

2016 - 2026

OCCUPATIONMEDIAN ANNUAL WAGE,

May 2016

Solar Photovoltaic Installers

Wind Turbine Service Technicians

$39,24052,260

Home Health Aides 22,600

Personal Care Aides 21,920

Physician Assistants 101,480

Nurse Practitioners 100,910

Statisticians 80,500

Physical Therapist Assistants 56,610

Software Developers, Applications 100,080

Mathematicians 105,810

19

Occupations With The Most Growth Requiring a Master's, Doctoral,

or Professional Degree

27.7

31.2

32.7

33

39.7

49.6

56

60

60.5

74.8

0 50 100

Occupational Therapists

Mental Health Counselors

Healthcare Social Workers

Educ./Guid./School/Voc. Counselors

Physician Assistants

Physicians & Surgeons, All Other

Nurse Practitioners

Physical Therapists

Health Specialties Teachers, Postsecondary

Lawyers

Source: U.S. Dept. of Labor Projections between 2016 and 2026. (Thousands of jobs)

20

Occupations With The Most GrowthRequiring a Bachelor's Degree

90.2

92.5

96.5

104.1

108.4

136

140.3

205.9

253.4

437

0 100 200 300 400 500

Business Operations Specialists, All Other

Teachers & Instructors, All Other

Management Analysts

Elementary School Teachers, Exc. Special Ed.

Financial Managers

Market Research Analysts/Market. Special.

Accountants & Auditors

General & Operations Managers

Software Developers, Applications

Registered Nurses

Source: U.S. Dept. of Labor Projections between 2016 and 2026. (Thousands of jobs)

21

Occupations With The Most Growth Requiring an Associate’s Degree

or Postsecondary Non-Degree Award

41.8

47.6

49.1

50.1

64.6

65.3

88.6

113.8

164

184.6

0 100 200

Paralegals & Legal Assistants

Auto Service Tech. & Mech.

Heating, AC & Refrig. Mech. & Install.

Preschool Teachers, Exc. Special Ed.

Dental Assistants

Hairdressers/Stylists

Licensed Practical/Vocational Nurses

Heavy & Tractor-Trailer Truck Drivers

Nursing Assistants

Medical Assistants

Source: U.S. Dept. of Labor Projections between 2016 and 2026. (Thousands of jobs)

22

Occupations With The Most Growth Requiring a High School Diploma

or Equivalent

87

87.5

94.2

95.7

101.3

112.7

129.1

136

425.6

754

0 200 400 600 800

Carpenters

First-Line Supervisors of Food Prep. & Serv. Workers

Sales Reps., Services, All Other

Receptionists & Information Clerks

Stock Clerks & Order Fillers

Maintenance & Repair Workers, General

Medical Secretaries

Customer Service Reps.

Home Health Aides

Personal Care Aides

Source: U.S. Dept. of Labor Projections between 2016 and 2026. (Thousands of jobs)

23

Occupations With The Most Growth Less than a High School Diploma

68.7

80.4

88.1

123.3

145.3

153.3

182.5

200.8

233

579.9

0 200 400 600

Food Preparation Workers

Maids & Housekeeping Cleaners

Retail Salespersons

Landscaping & Groundskeeping Workers

Cooks, Restaurant

Construction Laborers

Waiters & Waitresses

Laborers & Freight/Stock/Material Movers, Hand

Janitors & Cleaners, Exc. Maids & Housekeep. Cleaners

Combined Food Prep. & Serv. Workers, Inc. Fast Food

Source: U.S. Dept. of Labor Projections between 2016 and 2026. (Thousands of jobs)

24

Youth-RelatedCareer Information on the WEB

www.careerzone.ny.gov A career exploration tool

www.bls.gov/k12/Exploring career information – what interests you?

www.labor.ny.gov Labor laws for youth, career information, resources

New York State Department of LaborDivision of Research and Statistics

 Karen Knapik-Scalzo

Associate Economist  450 S. Salina Street Voice (315) 479-3391Syracuse, NY 13202 Fax (315) 479-3271E-Mail: karen.knapik-scalzo@labor.ny.govwww.labor.ny.gov

PREPARED BY: