The top executives in America… and the path

Climbing the corporate ladder: The ‘top executives’ in USA and the path to the top jobs
A job in the IT field or a small businesses ownership – when it comes to the favorite employment preferences of the Indian Americans, these are the two most common perception.  The new generations of Indian engineers and medical professionals are crowding the US industries. The thrifty approach of first generation Indians over the decades continue to contributed towards successful family businesses as well well as upbringing of a highly educated second generation of American Indians.
One field where Indians have not fully caught up is the top executive tier of the US companies. While we continue to move into the middle class management, the success in the top tier jobs is not that prevalent.
One thing to keep in mind, there are only limited numbers of top executive jobs. There is only one CEO, CFO or COO in a company – large or small. There could be many head-of-department positions in larger corporations but the numbers are relatively small. So, this could be one of the reason for limited success beyond middle management; there are just not that many jobs for top executives and competition is fierce for this cream of the crop.

The ‘top executives’: A summary
Based on the Bureau of Labor Statistics (US Department of Labor), here is an insight into the American ‘top executives’:

What Top Executives Do
Top executives devise strategies and policies to ensure that an organization meets its goals. They plan, direct, and coordinate operational activities of companies and organizations. Continue reading “The top executives in America… and the path”

Jobs and occupations in high demand : 2010-2020 Projections

BLS 2010-2020 Projections: Employment change by occupation

The US Bureau of Labor Statistics (BLS, the Bureau) is the principal fact-finding agency for the Federal Government in the broad field of labor economics and statistics. This BLS survey highlights the forecast on employment changes for different occupations.

Demand for jobs and occupations is affected by industry growth or decline. Many factors, including productivity and changes in business practices impact this job growth. Based on BLS survey, these are the latest projections on employments changes for major occupational groups for the period of 2010 to 2020:

Healthcare occupations: Employment among healthcare occupations is expected to increase by 29 percent. This growth, resulting in 3.5 million new jobs, will be driven by increasing demand for healthcare services. As the number of elderly individuals continues to grow, and as new developments allow for the treatment of more medical conditions, more healthcare professionals will be needed. Within this group, two occupations are expected to add a substantial number of jobs: registered nurses, with some 711,900 new jobs; and home health aides, with roughly 706,300 new jobs. Much of the growth in this pair of occupations will be the result of increased demand for healthcare services as the expanding elderly population requires more care.

Personal care and service occupations: Employment in personal care and service occupations is anticipated to grow by 27 percent over the next decade, adding more than 1.3 million new jobs. As consumers become more concerned with health, beauty, and fitness, the number of cosmetic and health spas will rise, causing an increase in demand for workers in this group. The personal care and service group contains a wide variety of occupations; however, two of them—personal care aides and childcare workers—will account for nearly two-thirds of the group’s new jobs. Personal and home care aides will experience increased demand as a growing number of elderly people require assistance. Childcare workers will add jobs as the population of children continues to grow and emphasis is increasingly placed on the importance of early childhood education, resulting in more formal preschool programs. These programs will increase demand for both childcare workers and preschool teachers. Continue reading “Jobs and occupations in high demand : 2010-2020 Projections”

2010-2020 US Labor Force forecast by race, ethnic groups and by age

2010 to 2020 US Jobs and Employment projections by race, ethnic groups and by age

Just like the US population, the American labor force is growing more slowly, becoming older and more diverse. U.S. Bureau of Labor Statistics (BLS) study highlights the jobs and employment projections by race, ethnic groups and by age.

The labor force, in these stats, is composed of all persons 16 years and older in the civilian noninstitutional population who either are employed or are unemployed but available and looking for work.
Here are the key highlights (Click on the charts on the right for bigger image):

  • The civilian labor force is projected to reach 164.4 million by 2020, an increase of 6.8 percent.
  • The U.S. workforce is projected to become more diverse by 2020.
  • Among racial groups, Whites are expected to make up a decreasing share of the labor force while Blacks, Asians, and all other groups will increase their share (Chart 2).
  • Among ethnic groups, persons of Hispanic origin are projected to increase their share of the labor force from 14.8 percent to 18.6 percent.
  • The Asians are projected to increase their share of the labor force from 4.7 percent to 5.7 percent.

Continue reading “2010-2020 US Labor Force forecast by race, ethnic groups and by age”

US Employment forecast by industry: 2010-2020

2010 to 2020: US Jobs and Employment change projections by industry

Based on U.S. Bureau of Labor Statistics (BLS), the total employment is expected to increase by 14 percent from 2010 to 2020. However, the 20.5 million jobs expected to be added by 2020 will not be evenly distributed across major industry and occupational groups. Changes in consumer demand, improvements in technology, and many other factors will contribute to the continually changing employment structure of the U.S. economy.

The underlying analysis (of BLS employment projections) uses currently available information to focus on long-term structural changes in the economy. This post examines the projected employment change within the industries:

Service-providing industries

The employment shift in the U.S. economy away from goods-producing in favor of service-providing industries is expected to continue. Service-providing industries are anticipated to generate nearly 18 million new jobs. As with goods-producing industries, growth among service-providing industries will vary (Chart 5 below).

Healthcare and social assistance: The healthcare and social assistance industry is projected to create about 28 percent of all new jobs in the U.S. economy. This industry—which includes public and private hospitals, nursing and residential care facilities, and individual and family services—is expected to grow by 33 percent, or 5.7 million new jobs. Employment growth will be driven by an aging population and longer life expectancies, as well as new treatments and technologies. Continue reading “US Employment forecast by industry: 2010-2020”

2010–2020 USA Employment Projections

The US Bureau of Labor Statistics (BLS, the Bureau) is the principal fact-finding agency for the Federal Government in the broad field of labor economics and statistics. Here are some of the latest projections on employments and occupations outlook for the next 10 years:

  • Total employment is expected to increase by 20.5 million jobs from 2010 to 2020, with 88 percent of detailed occupations projected to experience employment growth.
  • Industries and occupations related to health care, personal care and social assistance, and construction are projected to have the fastest job growth between 2010 and 2020.
  • Jobs requiring a master’s degree are expected to grow the fastest, while those requiring a high school diploma will experience the slowest growth over time-frame.
  • Slower population growth and a decreasing labor force participation rate are expected to lead to slower civilian labor force growth.

Continue reading “2010–2020 USA Employment Projections”

Are you in the right Job or occupation? The Monday morning test!

Jobs and occupations – Evaluating your current work options!

Tokyo Women’s Medical University study, published in the American Journal of Hypertension, shows that many workers suffer a significant increase in blood pressure as they return to the office after the weekend.

Other researches show that the most common day for heart attacks is Monday. Statistics spike on Monday mornings, in particular, since heart attacks occur between 4 a.m. and 10 a.m. more than any other six-hour period.

How much do you really like your job or occupation? How you feel on Monday morning may be the real test of your career choice and the occupation. There are very few who enjoy waking up Monday morning, looking forward to the work. After a relaxing weekend, nobody want to go back to the job routine. After all, as name says it all, work is just that – work!

Most of us work as a necessity; there is no choice but finding a way to make the living. There are very few who have combined their work with their favorite hobby. If your work is also your hobby, well then you may not know much about the Monday morning blues! Continue reading “Are you in the right Job or occupation? The Monday morning test!”

A summary of job search tips and new business ideas


A good job is hardest to find when you really need one! The psychological pressure of job hunt takes its own toll; the  emotional stress alone  is hard enough to deal with.

So, how do you go about looking for a job? Do you send out your resumes to every company within your areas of expertise and then sit back and hope for an interview call? Are you the kind of person who goes out and talk to the businesses, handing out your resumes, filling up application forms and calling back regularly for an update? Or you just apply online, and then check your email for the response every hour?

Everybody is different, everyone has his or her own way of doing things. same goes for the job search. Some try and try regardless, while others get discouraged more easily.Th knowledge is power. More you know about the ins-and-outs of job search, less nervous and less stressed you will be.

The intent of this article is to share some good resources on job search information and new business ideas, some additional tools that you may or may not have explored before.  Armed with the information, you can go about your job hunt, in your own way.

Who is hiring?: It is always good to know which businesses are hiring lately or which jobs are in high demand. These article below are a good place to start: Continue reading “A summary of job search tips and new business ideas”

Your pay depends on where you live in USA

U.S. Bureau of Labor Statistics: Comparisons of pay between metropolitan areas

This should come as a no surprise – your earnings from a job or occupation can vary significantly, even within the same country. Based on a report from the Bureau of Labor Statistics of the U.S. Department of Labor, your pay depends on where you live and work in America.

The variations are quite noticeable from city to city. For example, the average pay for a civilian workers in the San Jose-San Francisco-Oakland, CA metropolitan area was 20 percent above the national average in 2009.

This National Compensation Survey (NCS) study includes 77 different metropolitan areas. The chart below is a pictorial view of the pay relation for some of the cities across USA. In this survey, the term ‘pay’ includes all the wages, salaries, commissions, and production bonuses. Continue reading “Your pay depends on where you live in USA”

Happiness outsourced

Like a kid in a candy store. I stood in his driveway and stared at the big beautiful house. An artistic combinations of stone and white marble stands out. The large glass windows are tastefully embedded all over – like in a palace. A manicured front yard and a professional landscape add to the appeal.

His corner-house sits in one of the upper-scale and most affluent residential areas of West Chicago suburbs. As I walked inside the double-door entrance with marble sidings, I quickly realized that the inside of the mansion is even more impressive and prettier that outside view. There are large bifurcating staircases leading to the upper storey; there are multiple bathrooms on the main floor; the open ceiling concept has a catwalk that overlooks the family room; the kitchen alone is bigger than a decent size luxury apartment. If you look at the size of house, you would think that some millionaire lives here. Continue reading “Happiness outsourced”

Desi fundas 101: Education – a fundamental driver of Indian success abroad

The big red letters on the front of our school used to read, in two languages:
In Punjabi: “Vidhya insaan di teesari akh hai!”
In Hindi: “Vidhya insaan ki teesari aankh hai!”

Meaning: Education (or knowledge) is the 3rd eye for a person.

Growing up, we all knew that some of the rules should not and could not be questioned; rules like:

  • Respect your books. Stepping on a book, even by mistake is a sin. A book never belongs under your feet.
  • Education is your priority number one.
  • Respect your teachers….

Continue reading “Desi fundas 101: Education – a fundamental driver of Indian success abroad”

25 Highest Paying Jobs and Occupations in America

25 Jobs and Occupations with the highest annual wages in America

The US Bureau of Labor Statistics (BLS) program called ‘The Occupational Employment Statistics’ produces employment and wage estimates for national and state level occupations. Based on the latest data available, following are the highest paying jobs and occupations in America, along with the the median annual wages and a brief description of the occupation as provided by the US BLS.

Note that a highest paying job does not mean that it is in the highest demand.

1. Oral and maxillofacial surgeons (More than $166,400): Perform surgery on mouth, jaws, and related head and neck structure to execute difficult and multiple extractions of teeth, to remove tumors and other abnormal growths, to correct abnormal jaw relations by mandibular or maxillary revision, to prepare mouth for insertion of dental prosthesis, or to treat fractured jaws.

2. Orthodontists(More than $166,400): Examine, diagnose, and treat dental malocclusions and oral cavity anomalies. Design and fabricate appliances to realign teeth and jaws to produce and maintain normal function and to improve appearance.

3. Prosthodontists (More than $166,400) Construct oral prostheses to replace missing teeth and other oral structures to correct natural and acquired deformation of mouth and jaws, to restore and maintain oral function, such as chewing and speaking, and to improve appearance.

4. Physicians and surgeons (More than $166,400) : All physicians and surgeons not listed separately. This is general category for the physicians/doctors and surgeons, practice medicine and perform surgeries.

6. Chief executives ($158,560): Determine and formulate policies and provide the overall direction of companies or private and public sector organizations within the guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.

6. Dentists, general ($142,870): Diagnose and treat diseases, injuries, and malformations of teeth and gums and related oral structures. May treat diseases of nerve, pulp, and other dental tissues affecting vitality of teeth. Continue reading “25 Highest Paying Jobs and Occupations in America”

Change in US Labor Force by Race and Ethnicity

Source: US Bureau of Labor Stats
Source: US Bureau of Labor Stats

“Making informed career decisions requires reliable information about opportunities in the future. Opportunities result from the relationships between the population, labor force, and the demand for goods and services.”  ~ U.S. Department of Labor, Bureau of Labor Statistics

The U.S. Department of Labor, Bureau of Labor Statistics has a very comprehensive report on jobs and occupations in USA. The report outlines various aspects of job situations and provides projections on the jobs outlook.

The term labor force or work force includes all the people either working or looking for work. Over the next 10 years,  based on the population growth and job outlook, the report also includes the change in the labor force for different races. This chart here has a graphical view of change in labor force by race and ethnic origin comparing 2008  employment to the projection for 2018. Note that there is no separate category for ‘Indian Americans’; in this study, Indians are a part the ‘Asian’ group.

Some of the Highlights of the report are:

  •  The U.S. workforce is expected to become more diverse by 2018.
  • Among racial groups, Whites are expected to make up a decreasing share of the labor force, while Blacks, Asians, and all other groups will increase their share.
  • The Asian work force is expected to rise from 4.7 percent to 5.6 percent, a relative growth of 25 percent over 10 years.

Continue reading “Change in US Labor Force by Race and Ethnicity”

USA Employment Projections for 2008-2018

The U.S. Bureau of Labor Statistics (BLS) reported on Dec. 10, 2009 that, during the 2008 to 2018 period, the total employment in America is projected to increase by 15.3 million, or 10.1 percent.

These are very interesting projections; and good news at the times when jobs are scarce. Some of the key highlights of the study are:

  • Projections show an aging as well as a more racially and ethnically diverse labor force
  • Employment growth in service-providing industries. More than half of the new jobs will be in professional and service related occupations.
  • Occupations where a post-secondary degree is usually required are expected to account for one-third of total job openings during the projection period.
  • Job openings from replacement needs–those which occur when workers who retire or otherwise leave their occupations need to be replaced– are projected to be more than double the number of openings due to economic growth.
  • The projected growth for the 2008-2018 period is larger than the increase of 10.4 million over the 1998-2008 period. An increase of 7.4 percent decade-over-decade.
  • The relatively slow growth rate for the earlier 10-year period was affected by the recession which began in December 2007.
  • The projected growth rate is higher than would otherwise be expected because the 2008 starting point is a recession year.

This report focuses on four areas for which BLS develops projections–labor force, industry employment, occupational employment, and education and training. Continue reading “USA Employment Projections for 2008-2018”

Jobs and Occupations in highest demand in USA: 2006 to 2016

Bureau of Labor Statistics: A summary of Tomorrow’s jobs

Making informed career decisions requires reliable information about opportunities in the future. Opportunities result from the relationships between the population, labor force, and the demand for goods and services. ~ US Bureau of Labor Statistics
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The unemployment rate in USA is almost 10% – the worst in decades. A large number of well qualified individuals are desperately looking for jobs. Finding a job that you really like, and getting it, can be a challenging process.

This article provides a long term view of the jobs and occupation that are, and going to be, in high demand in USA. The information and data is based on the study from U.S. Department of Labor, Bureau of Labor Statistics. A wide variety of occupations are forecast to be in high demand. Among all occupations, health-care is forecast to make up 7 of the 20 fastest growing occupations.

The first chart displays the jobs and occupations that are supposed to enjoy the highest rate of increase. The Top jobs with highest percent change in employment over the period of 2006-16, as shown in the chart, include: Continue reading “Jobs and Occupations in highest demand in USA: 2006 to 2016”

Education levels for the fastest growing jobs!

Fastest growing jobs and occupations by the level of education

“Learning is what most adults will do for a living in the 21st century.” ~ Perelman

Education is the foundation for any profession or a career. The skills acquired and the learning experience during education often determine the level of success for any individual. A study by the Bureau of Labor Statistics, a division of US Depart of Labor, lists the fastest growing occupations by the level of education and on the job training: Continue reading “Education levels for the fastest growing jobs!”