Reports from the Economic Front

a blog by Marty Hart-Landsberg

The Employment-Education Mismatch

The Bureau of Labor Statistics recently published its employment/wage projections for the years 2010-2020.   The following table lists the 30 occupations that the BLS believes will have the largest numerical growth in employment over the period.  

The table is worth a long look.  Among other things it challenges the assertion that more education is the key to a better employment future.  More education is, of course, generally a good thing.  But given BLS projections, it appears that our corporations have little interest in creating jobs requiring (and thus paying) a more highly educated workforce.

Of the 30 occupations with the largest projected numerical employment growth, 10 require less than a high school education and an additional 13 require only a high school diploma or its equivalent.  Only 4 require a bachelor’s degree or higher.

 job-growth.jpg

The following table, which comes from the same report, shows the distribution of projected job openings by education level for all occupations: 79.7% of all projected jobs will require less than a bachelor’s degree.

education-and-jobs.jpg

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