Keys to Your Future
Employment Trends in the New Millennium
Approximately 50,562,000 job openings are projected to become available during the 2000 – 2010 period.
Most employment growth will be in three industries.
Health services Retail sales Business services
This is a world where the sales of ideas and services has replaced the sale of manufactured goods.
Where are the jobs?
Unskilled 15% Professional 20%
Skilled 65%
Education Pays
The trend is clearly toward closer and closer relationships between education and employment
Earnings by Level of Education
Education Level
Professional Master’s Bachelor’s Associate Some college, no degree High school Not a high school graduate
Annual earnings
$74,560 $40,368 $32,629 $24,398 $19,666 $18,737 $12,809
How much will it cost to live each year?
Poverty level for family of four = $16,895
Annual median earnings for a woman = $26,324
Annual median earnings for a man = $36,478
What are my options?
Four-Year College degree or higher Community College (Certificate or Associate degree Vocational/Technical training Military training On the job training/Apprenticeships
Which occupation pays more?
Median annual earnings
Registered Nurse $34,430 – $49,070 Teacher, Elementary $39,300 average Librarian $32,840 - $52,110 Truck Driver $18,304 - $32,385
What is different about these occupations?
LEVEL OF EDUCATION Roughly 1 in 3 of “high earners” do not have a Bachelor’s degree. Greater and greater difference between SKILLED and UNSKILLED workers, not simply between college graduates and non-college graduates
Job Trend Summary
On average, employment will grow faster in jobs that require the most education and training. By the year 2000, 86% of all jobs will require some education beyond high school; however, more than 70% of the jobs will not require a bachelor’s degree Today’s workplace requires advanced technical skills.
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