OCCUPATIONAL TRENDS

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Education Completed Continues To Significantly Affect Wages And Employment

The latest annual data (2019) from the US Bureau of Labor Statistics shows significant wage gains and lower unemployment rates at all educational levels. For example, BA college graduates earn nearly twice as much and are twice less likely to be unemployed as high school graduates. The complete chart for all educational levels from high school dropout to PhD is found on the BLS chart. (US Bureau of Labor Statistics Career Outlook, May 2020)

Nursing Job Opportunities Continue to be Very Favorable

Registered Nurses are projected to have over 200,000 annual job openings nationwide for the next eight years due to increases in patient aging, preventative care and chronic conditions. Ways to enter the field include bachelors, associates and diploma completions. Median wages are $70,000/year. A related faster growing field is nurse practitioners, while a smaller number of nurses work as licensed practical nurses. (Bureau of Labor Statistics, Career Outlook, March 2020).

New Trends for a New Decade

The Society for Industrial and Organizational Psychology (SIOP) is pleased to announce its seventh annual Top 10 Workplace Trends list. Based on member surveys, these are the issues that will have the most impact on the workplace in 2020. The entries in SIOP’s Top 10 list are broad, complex issues posing difficult challenges to the business world and modern society. ["Top Workplace Trends, February 13, 2020]

Police Sergeant Career Path Begins on Patrol

Opportunities for entry-level Patrol Officers abound, especially after completing required training each year. To continue in the field, officers should enjoy engaging with people on a daily basis. Communicating effectively is a critical skill. ["Interview with a Police Sergeant" Career Outlook, January 2020].

MANUFACTURING JOBS INCREASINGLY GOING TO THOSE WITH POSTSECONDARY EDUCATION

Because of highly automated processes using sophisticated machines, over 40% of manufacturing workers now have a college degree, about double the percentage 25 years ago. ["You Probably Need a College Degree to Get a Factory Job Now" December 10, 2019]

Electric and Autonomous Vehicles are Leaving Workers Behind

A shift in lifestyles is causing changes in the types of transportation needed, which means some workers are no longer needed. ["Two Women Joined GM More Than a Decade Ago. Their Futures Couldn’t Be More Different" Bloomberg Business Week, October 18, 2019]

Strategies for Moving into CEO Jobs

Most people believe an MBA from a elite school will quickly lead to CEO position. Research shows that lateral, unconventional, and even risky career moves may be the fastest path. ["The Fastest Path to a CEO Job" Harvard Business Review October 2, 2019]