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”
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.
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!
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.
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”
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”
“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.
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.
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
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.
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!”
The Bureau of Labor Statistics, a division of US Department of Labor, has a very interesting and comprehensive study on the jobs and occupations projections. The report titled ‘Tomorrow’s Jobs’ is quite telling in terms of expected growth in employment over the period of 2006 to 2016.
The chart/graph here provides a snap-shot of the fastest growing occupations in USA – the change in the total employment by occupation groups projected over 2006 – 2016.
The top occupations that are expected to enjoy the highest percentage increase are:
Professional and related occupations: These occupations cover a wide range of skilled professions. Professional and related occupations are expected to increase by 16.7%. Among the top beneficiaries include:
-Computer and mathematical occupations,
-Health-care practitioners and technical occupations,
-Education, training, and library occupations
Services: Employment in service sector is projected to increase by 16.7%, tied with professional and related occupations for the fastest rate of growth. The services occupations that are expected to grow the fastest include:
-Serving related occupations
-Health-care support occupations
-Personal care and service service occupations
Management, business, and financial occupations: The employment is expected to increase by 10.4% by 2016 in this category. Among top growth projections are:
-Accountants and auditors and business operation specialists
-Financial analysts and personal financial advisers Continue reading “The fastest growing jobs and occupations in USA!”
“Never turn down a job because you think it’s too small; you don’t know where it can lead” ~ Julia Morgan
The jobs are scarce in today’s economy. The good jobs are even harder to find. There is too much noise, too many misleading advertisements on dream jobs that don’t exist. Based on various sources including a report from the Bureau of Labor Statistics division of the U.S. Department of Labor, here are the key resources for job search:
Personal contacts: Many of the job openings are never advertised. Talk to your friends, family, neighbors and others; tell them that you are looking for a job. They may be able to help with the new leads and even recommendations. Find ways to network and advertise yourself among peers and the community.
School career planning and placement offices: Placement officers in schools and colleges can be very helpful in finding jobs. They have lots of resources at their hands to help in this area including possible lists of open jobs, career counseling, aptitude testing and job search advice. Some of them also have career resource libraries and may host workshops on job search strategy, resume writing and effective interviewing.
Employers: One of the effective way to find reliable job openings is to go straight to the source. Contact the company or business directly. If an employer is on your wish-list, find out if they are hiring. Contact their HR department. Send them your resume and follow up; show sincere interest in working for them.
Classified ads: There are lots of commercials and advertisement about job openings. The main sources of classified ads include:
NRI Tips: Most uncommon or non-traditional business ideas to consider abroad
“If you have an apple and I have an apple and we exchange these apples then you and I will still each have one apple. But if you have an idea and I have an idea and we exchange these ideas, then each of us will have two ideas.” ~ George Bernard Shaw
There are some popular business ideas for overseas, including the one discussed in 10 most common businesses to start abroad. Now, here are some not-so-common ones. This should get you thinking, to make your own choice – from these suggestions or perhaps even better ones of your own based on your knowledge, skill and circumstances!
1. Indian fashion accessories: Consider an online or local store to sell Indian fashion accessories including glass bangles, simple Indian jewelries and other beauty items. This can start at a small scale and expand as the business grows
There are many ways to make a good living abroad, owning your own business is one of them. A business operation and ownership is not for everybody, you have to have an aptitude for ventures, willingness to take risks and understanding of different aspects of operating a business. Depending on your ambitions and circumstances, it may become an around-the-clock effort that comes with equally big rewards and big downsides. Along with the day-dreams of prosperity to follow, you and your stakeholders – family, partners, and investors – should also understand the possibility of losing your shirt.
For those, who have done their homework and understand the pros and cons of opening a business, here are some of the most common ones to consider: 1. Indian Grocery store: In the USA, Canada, England and other courtiers with Indian diaspora, there is quite a bit demand for Indian supplies and common grocery items used in Indian cooking. This kind of business is ideal for the area with high concentration of Indian population. Continue reading “10 most common business ideas abroad!”
NRIs Tips: How to select work and financial options overseas!
As I discussed before, there are many good reason to go abroad and then there are some bad ones too. Most of the main reasons to leave India and go overseas are directly or indirectly linked to the search for long term or short term financial gains and prosperity. By end of the day, it comes down to MONEY. 🙂
However, the often overlooked factor is the poor planning behind all this. If we are sacrificing so much, and put up with so many new hurdles and challenges, we should at least have a solid plan to find the right occupation or business.
The plan may vary from one person to another depending on personal strengths and weakness, but it is important to have a plan towards reaching our financial goals; how we are going to succeed in our mission toward prosperity.
There is all kind of job planning info available, but most of them are more generic career plans for local individuals planning their goals, not for immigrants, Indians or NRIs. As a part of the basic plan, it is very critical to outline and understand:
– What kind of jobs best suit your skills and needs?
– Would you consider and take a position that is less rewarding as a back-up plan?
– Would you consider a career change or downgrade if things are not working out?
– What are the other options or choices to consider as a back-up?
– Is going back to India one of the options?
Depending on how you answer the questions above and any other personal circumstances, you can then decide on the best jobs or best options to support your financial plan abroad. Here are some of the main options to consider for a suitable and rewarding job or business:
Find your dream job – Plan A: The best possible scenario is to look for a job that meets your skill sets and then finding one. If you are a computer engineer by trade for example, then first preference should be to search for a job in that field. There are lots of online and local resources to help in this area. Make sure to take a look at the job-search tips detailed in a separate post linked here. Also check out the common online resources such as Career Builder, Yahoo Careers and Monster.com. If you find one, especially in this economy, consider it a major achievement.