Thursday, January 12, 2006



The U.S. Department of LaborBureau of Labor Statistics
recently published their latest predictions for job growth

Here are the findings, I think you will find them interesting.

Industries with the largest job growth
The 10 detailed industries with the largest wage and salary employment growth, 2004-14
(I have listed them by percentage)
Industry
Employment services
45.5
Local government educational services
10.1
Local government, excluding education and hospitals
13.9
Offices of physicians
37.0
Full-service restaurants
16.6
General medical and surgical hospitals, private
16.0
Limited-service eating places
15.9
Home health care services
69.5
Colleges, universities, and professional schools, private
34.3
Management, scientific, and technical consulting services
60.5

I think these are very interesting statistics. The industry with the third fastest growth is one that involves Employment Services--now keep in mind these are not only companies that have physical addresses, but they are also online....for instance-Monster.com, CareerBuilder.com etc. These statistics bear out my concern about the new sub-culture in America--job-hatred, which according the Chicago-Times is a very growing problem in the U.S.
It is no surprise to me that Home Health Services is the fastest growing because Americans are living longer and want to stay at home rather than be in a hospital--number one, because of the cost. This is a very big business and I think that we will see it grow even faster than they predict....think about how big it will be in 20 years. The first Baby Boomers turn 60 this year and in 20 years when the "First Boomers" are 80--they will really need more employees--this will in turn lead to an even bigger need for RN's, LVN's, and Aides (more then the need we even have now!!)
I would like to have more information on the second highest growing area: Scientific and technical consulting. I am thinking that these businesses are probably biotech in nature. This industry is also going to be booming and most individuals don't even know what the term "biotech" entails. This means we need get more students involved in Chemistry and the Life Sciences--which is precisely where we are lagging behind now. It is my feeling that if students were to take the Science classes but somehow be connected with businesses in their community that actually use the concepts being taught in Chemistry and Biosciences, we would see more students intersted in the Sciences. Theory is lost on students--if they could see WHY the theory is important, out in the community, outside the school environment, it would get more attraction.
I keep telling my counseling clients and speaking audiences that 65% of the fastest growing careers are in the Medical area--and not just being a doctor or nurse!!! New medical discoveries are made everyday and for each discovery, several new jobs go along with it.
Of course, I need to add a postscript to this little discussion--individuals shouldn't use labor market information as the sole factor in career choice. There can be a "boatload" of opportunities in an industry sector, but if that is not your "thang" and you don't get "fired up" about it.....then it is not for you!! but is nice to know about obstacles and opportunities in your career attraction.

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