Saturday, April 9, 2011

Sorting out College For All

These tables from the Occupational Outlook Handbook (2010-11 Edition) published by the Bureau of Labor Statistics might help. The book is also available in paperback for $23.00 (free shipping). I really like having a copy floating around my house and think education policy decision-makers should always have one in their possession, too.

The "Occupations with the fastest growth" (Table 1) and the "Occupations with the largest numerical growth" (Table 2) definitely demonstrate that a college degree is not going to be necessary for a huge segment of our future workforce.

I suppose kids could go to college, get their degree, and then end up working as home health aides earning minimum wage as they spend their lives spoon-feeding and changing diapers for aging baby boomers, a job with very bright prospects. But that seems like an expensive and personally disappointing way to go, not to mention the years it will take for those folks to pay off all their student loans for a college education which is increasingly expensive.

As far as elder care goes, Japan seems to be leading the way with robots that perform those types of tasks (and HERE and HERE).

I do know that College For All doesn't make sense, and roll my eyes when I hear people talk so passionately about it. Other than that, I don't know the answer. 

More on the debate at Thoughts on Public Education, “A schism on college readiness.”

---------- From the Occupational Outlook Handbook (2010-11 Edition) -----------

Employment change by detailed occupation
Occupational growth can be considered in two ways: by the rate of growth and by the number of new jobs created by growth. Some occupations both have a fast growth rate and create a large number of new jobs. However, an occupation that employs few workers may experience rapid growth, although the resulting number of new jobs may be small. For example, a small occupation that employs just 1,000 workers and is projected to grow 50 percent over a 10-year period will add only 500 jobs. By contrast, a large occupation that employs 1.5 million workers may experience only 10 percent growth, but will add 150,000 jobs. As a result, in order to get a complete picture of employment growth, both measures must be considered.

Occupations with the fastest growth. Of the 20 fastest growing occupations in the economy (table 1), half are related to healthcare. Healthcare is experiencing rapid growth, due in large part to the aging of the baby-boom generation, which will require more medical care. In addition, some healthcare occupations will be in greater demand for other reasons. As healthcare costs continue to rise, work is increasingly being delegated to lower paid workers in order to cut costs. For example, tasks that were previously performed by doctors, nurses, dentists, or other healthcare professionals increasingly are being performed by physician assistants, medical assistants, dental hygienists, and physical therapist aides. In addition, patients increasingly are seeking home care as an alternative to costly stays in hospitals or residential care facilities, causing a significant increase in demand for home health aides. Although not classified as healthcare workers, personal and home care aides are being affected by this demand for home care as well.

Table 1. Occupations with the fastest growth
Occupations
Percent change
Number
of
new jobs
(in thousands)
Wages (May 2008 median)
Education/training category
Biomedical engineers
72
11.6
$ 77,400
Bachelor's degree
Network systems and data communications analysts
53
155.8
71,100
Bachelor's degree
Home health aides
50
460.9
20,460
Short-term on-the-job training
Personal and home care aides
46
375.8
19,180
Short-term on-the-job training
Financial examiners
41
11.1
70,930
Bachelor's degree
Medical scientists, except epidemiologists
40
44.2
72,590
Doctoral degree
Physician assistants
39
29.2
81,230
Master's degree
Skin care specialists
38
14.7
28,730
Postsecondary vocational award
Biochemists and biophysicists
37
8.7
82,840
Doctoral degree
Athletic trainers
37
6.0
39,640
Bachelor's degree
Physical therapist aides
36
16.7
23,760
Short-term on-the-job training
Dental hygienists
36
62.9
66,570
Associate degree
Veterinary technologists and technicians
36
28.5
28,900
Associate degree
Dental assistants
36
105.6
32,380
Moderate-term on-the-job training
Computer software engineers, applications
34
175.1
85,430
Bachelor's degree
Medical assistants
34
163.9
28,300
Moderate-term on-the-job training
Physical therapist assistants
33
21.2
46,140
Associate degree
Veterinarians
33
19.7
79,050
First professional degree
Self-enrichment education teachers
32
81.3
35,720
Work experience in a related occupation
Compliance officers, except agriculture, construction, health and safety, and transportation
31
80.8
48,890
Long-term on-the-job training

SOURCE: BLS Occupational Employment Statistics and Division of Occupational Outlook

Two of the fastest growing detailed occupations are in the computer specialist occupational group. Network systems and data communications analysts are projected to be the second-fastest-growing occupation in the economy. Demand for these workers will increase as organizations continue to upgrade their information technology capacity and incorporate the newest technologies. The growing reliance on wireless networks will result in a need for more network systems and data communications analysts as well. Computer applications software engineers also are expected to grow rapidly from 2008 to 2018. Expanding Internet technologies have spurred demand for these workers, who can develop Internet, intranet, and Web applications.

Developments from biotechnology research will continue to be used to create new medical technologies, treatments, and pharmaceuticals. As a result, demand for medical scientists and for biochemists and biophysicists will increase. However, although employment of biochemists and biophysicists is projected to grow rapidly, this corresponds to only 8,700 new jobs over the projection period. Increased medical research and demand for new medical technologies also will affect biomedical engineers. The aging of the population and a growing focus on health issues will drive demand for better medical devices and equipment designed by these workers. In fact, biomedical engineers are projected to be the fastest growing occupation in the economy. However, because of its small size, the occupation is projected to add only about 11,600 jobs.

Increasing financial regulations will spur employment growth both of financial examiners and of compliance officers, except agriculture, construction, health and safety, and transportation.

Self-enrichment teachers and skin care specialists will experience growth as consumers become more concerned with self-improvement. Self-enrichment teachers are growing rapidly as more individuals seek additional training to make themselves more appealing to prospective employers. Skin care specialists will experience growth as consumers increasingly care about their personal appearance.

Of the 20 fastest growing occupations, 12 are in the associate degree or higher category. Of the remaining 8, 6 are in an on-the-job training category, 1 is in the work experience in a related occupation category, and 1 is in the postsecondary vocational degree category. Eleven of these occupations earn at least $10,000 more than the National annual median wage, which was $32,390 as of May 2008. In fact, 9 of the occupations earned at least twice the National median in May 2008.

Occupations with the largest numerical growth. The 20 occupations listed in table 2 are projected to account for more than one-third of all new jobs—5.8 million combined—over the 2008-18 period. The occupations with the largest numerical increases cover a wider range of occupational categories than do those occupations with the fastest growth rates. Health occupations will account for some of these increases in employment, as will occupations in education, sales, and food service. Office and administrative support services occupations are expected to grow by 1.3 million jobs, accounting for about one-fifth of the job growth among the 20 occupations with the largest growth. Many of the occupations listed in the table are very large and will create more new jobs than occupations with high growth rates. Only 3 out of the 20 fastest growing occupations—home health aides, personal and home care aides, and computer software application engineers—also are projected to be among the 20 occupations with the largest numerical increases in employment.

Table 2. Occupations with the largest numerical growth
Occupations
Number
of
new jobs
(in thousands)
Percent change
Wages (May 2008 median)
Education/training category
Registered nurses
581.5
22
$ 62,450
Associate degree
Home health aides
460.9
50
20,460
Short-term on-the-job training
Customer service representatives
399.5
18
29,860
Moderate-term on-the-job training
Combined food preparation and serving workers, including fast food
394.3
15
16,430
Short-term on-the-job training
Personal and home care aides
375.8
46
19,180
Short-term on-the-job training
Retail salespersons
374.7
8
20,510
Short-term on-the-job training
Office clerks, general
358.7
12
25,320
Short-term on-the-job training
Accountants and auditors
279.4
22
59,430
Bachelor's degree
Nursing aides, orderlies, and attendants
276.0
19
23,850
Postsecondary vocational award
Postsecondary teachers
256.9
15
58,830
Doctoral degree
Construction laborers
255.9
20
28,520
Moderate-term on-the-job training
Elementary school teachers, except special education
244.2
16
49,330
Bachelor's degree
Truck drivers, heavy and tractor-trailer
232.9
13
37,270
Short-term on-the-job training
Landscaping and groundskeeping workers
217.1
18
23,150
Short-term on-the-job training
Bookkeeping, accounting, and auditing clerks
212.4
10
32,510
Moderate-term on-the-job training
Executive secretaries and administrative assistants
204.4
13
40,030
Work experience in a related occupation
Management analysts
178.3
24
73,570
Bachelor's or higher degree, plus work experience
Computer software engineers, applications
175.1
34
85,430
Bachelor's degree
Receptionists and information clerks
172.9
15
24,550
Short-term on-the-job training
Carpenters
165.4
13
38,940
Long-term on-the-job training
SOURCE: BLS Occupational Employment Statistics and Division of Occupational Outlook

The education or training categories and wages of the occupations with the largest numbers of new jobs are significantly different than those of the fastest growing occupations. Twelve of these occupations are in an on-the-job training category, and just 7 are in a category that indicates any postsecondary education. Ten of the 20 occupations with the largest numbers of new jobs earned less than the National median wage in May 2008.

1 comment:

Tom Hoffman said...

Note than when pressed, the smarter "college for all" advocates will hedge by saying by "college" they really mean "any training beyond high school."