recovery job-growth-and-education-requirements-through-2020-pdf
TRANSCRIPT
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Recovery: Job Growth and Education Requirements
Through 2020 By: Anthony P. Carnevale, Nicole Smith, Jeff Strohl
June 26, 2013
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Educational demand for employment has grown; we expect that trend to continue.
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• 24 million of these jobs (43%) will be entirely new positions.
• 31 million (56%) will be due to baby boom retirement.
The US Economy Is Expected To Create 55 Million Job Openings By 2020
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Who Will Be Hiring?
• STEM (Science, Technology, Engineering and Math)
• Healthcare Professions
• Healthcare Support
• Community Services
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Healthcare, Community Services & STEM Are The Three Fastest Growing Occupational Clusters
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• Healthcare • STEM • Blue collar • Education • Managerial & professional
office
• Sales & office support • Food & personal services • Social Sciences • Community services & arts
Recovery 2020: Occupational Clusters
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By 2020, 65 Percent of All Jobs Will Require Postsecondary Education
• Applicants will need to have some form of post-secondary education: – Bachelor’s Degree or beyond – Some college/AA degree – Certificate or certification in a field
• For most jobs, securing a high school education will not be enough to qualify for employment
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There Will Be Fewer Jobs Available For Individuals That Only Possess a High School Diploma
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Even The Fastest Growing Fields Will Require High Postsecondary Education
• STEM, healthcare professions, healthcare support, and community services will all require high levels of education in order to compete for a position.
• Healthcare support will not have the same high demand for postsecondary education. – Healthcare support careers, however, will have lower wage growth.
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The Fastest Growing Occupations Require High Levels of Postsecondary Education
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• Recovery 2020 confirms cognitive skills are highly sought after by employers.
• Physically intensive skills are less important. • Forty-eight percent of jobs require high levels of active
listening. • Other skills most coveted by employers:
– Leadership – Communication – Analytics – Administration
What Skills Will Get You Hired?
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Intensity of Skills Use Across Careers
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Recovery 2020 By State • The report also gauges each state’s position compared to the
national average; • Compares the educational composition of jobs in the base year
(2010) to the forecast year (2020); • Shows where the jobs will be by state, education level and
occupations for 25 detailed occupational categories in 2020; • Twenty-seven states will be at or above the 65 percent proportion
of jobs that will require postsecondary education beyond HS in 2020.
• The highest proportion of BA jobs and graduate jobs will be concentrated in northeastern states.
• Jobs for HS graduates or dropouts will be concentrated in the southern states.
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Almost all states currently have average attainment levels below those required for the jobs of the future
RECOVERY: 8 Projections of jobs and education requirements through 2020
Figure 6:Almost all states have current average attainment levels below those required for the jobs of the future.
Shortage(2020)*
Current Attainment (2020)
% Total Projections of demand (2020)
*Rough estimate of shortage
DC 71% Minnesota 69%
North Dakota 69%Colorado 68%
New Hampshire 68%Washington 68%
Kansas 67%Massachussets 66%
Connecticut 65%Oregon 65%
Utah 64%Maryland 64%Nebraska 64%
Virginia 63%Montana 63%
Wisconsin 62%Illinois 62%Hawaii 62%
South Dakota 62%Alaska 62%
New Jersey 62%Michigan 61%New York 61%
Vermont 61%Florida 61%
Idaho 61%Arizona 60%
Iowa 60%Rhode Island 60%
California 60%National 60%Georgia 59%
New Mexico 59%M a i n e 5 9 %
Missour 59% Wyoming 58%
North Carolina 58%Oklahoma 57%
Nevada 55%South Carolina 55%
D e l a w a r e 5 5 %Pensylvania 55%
Texas 55%Mississippi 55%
Indiana 54%Ohio 54%
Kentuky 54%Alabama 53%
Tennessee 53%Louisiana 53%
West Virginia 46%Arkansas 50%
0% 10% 20% 30% 40% 50% 60% 70%
RECOVERY: 8 Projections of jobs and education requirements through 2020
Figure 6:Almost all states have current average attainment levels below those required for the jobs of the future.
Shortage(2020)*
Current Attainment (2020)
% Total Projections of demand (2020)
*Rough estimate of shortage
DC 71% Minnesota 69%
North Dakota 69%Colorado 68%
New Hampshire 68%Washington 68%
Kansas 67%Massachussets 66%
Connecticut 65%Oregon 65%
Utah 64%Maryland 64%Nebraska 64%
Virginia 63%Montana 63%
Wisconsin 62%Illinois 62%Hawaii 62%
South Dakota 62%Alaska 62%
New Jersey 62%Michigan 61%New York 61%
Vermont 61%Florida 61%
Idaho 61%Arizona 60%
Iowa 60%Rhode Island 60%
California 60%National 60%Georgia 59%
New Mexico 59%M a i n e 5 9 %
Missour 59% Wyoming 58%
North Carolina 58%Oklahoma 57%
Nevada 55%South Carolina 55%
D e l a w a r e 5 5 %Pensylvania 55%
Texas 55%Mississippi 55%
Indiana 54%Ohio 54%
Kentuky 54%Alabama 53%
Tennessee 53%Louisiana 53%
West Virginia 46%Arkansas 50%
0% 10% 20% 30% 40% 50% 60% 70%
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RECOVERY: 8 Projections of jobs and education requirements through 2020
Figure 6:Almost all states have current average attainment levels below those required for the jobs of the future.
Shortage(2020)*
Current Attainment (2020)
% Total Projections of demand (2020)
*Rough estimate of shortage
DC 71% Minnesota 69%
North Dakota 69%Colorado 68%
New Hampshire 68%Washington 68%
Kansas 67%Massachussets 66%
Connecticut 65%Oregon 65%
Utah 64%Maryland 64%Nebraska 64%
Virginia 63%Montana 63%
Wisconsin 62%Illinois 62%Hawaii 62%
South Dakota 62%Alaska 62%
New Jersey 62%Michigan 61%New York 61%
Vermont 61%Florida 61%
Idaho 61%Arizona 60%
Iowa 60%Rhode Island 60%
California 60%National 60%Georgia 59%
New Mexico 59%M a i n e 5 9 %
Missour 59% Wyoming 58%
North Carolina 58%Oklahoma 57%
Nevada 55%South Carolina 55%
D e l a w a r e 5 5 %Pensylvania 55%
Texas 55%Mississippi 55%
Indiana 54%Ohio 54%
Kentuky 54%Alabama 53%
Tennessee 53%Louisiana 53%
West Virginia 46%Arkansas 50%
0% 10% 20% 30% 40% 50% 60% 70%
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RECOVERY 2020 in Summary • Most jobs will require applicants to have postsecondary
education and training beyond high school. • More jobs will be available as baby boomers begin to retire. • The fastest growing fields will be in STEM, healthcare
professions, healthcare support, and community services. • Employers will be looking for cognitive skills such as active
listening, ability to communicate well, and critical thinking. • Despite the existing variation between states’ educational
attainment, nearly all states will need to boost their rates of postsecondary education
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See the full report at: cew.georgetown.edu/recovery2020/