21 st Century Workforce Changes Why Student Planning is So Important! Developed by: The N Region Career Resource Coordinator Program

Workforce Terms Changing (USA) Surplus Outsourcing Insourcing Mobile Informing/Wireless

Changing Labor Force (USA) Aging  77 million baby boomers retiring before 2030  By 2015, 19% of workforce will be over 55 yrs. Diverse  More racially and ethnically diverse  40% of U.S. population growth due to immigration

Surplus World supply of highly skilled and relatively low pay workers is increasing  China has 220 million “surplus” workers (U.S. has 140 million workers) Professionals available on world market in wide range of fields for a fraction of the cost of U.S. professionals

Surplus Example:  2005 College Graduates China – 3.3 million India – 3.1 million U.S. – 1.3 million  Engineering Graduates in 2005 China – 600,000 India – 350,000 U.S. – 70,000

Outsourcing Outsourcing is utilizing experts from outside the business to perform specific tasks that the business once performed itself, often for reasons of lowering costs and efficient use of labor.

Insourcing Subcontracting or bringing in specialists to fill temporary needs. Foreign industries opening a plant in the U.S. (ex. Nissan, LM Glasfiber) A business decision that is often made to maintain control of certain critical production or competencies.

Mobile Workers less likely to spend the major portion of their career with a single employer.  Employees (students) need skills marketable to a variety of employers rather than employer-specific training.  Employers may not invest in worker training if that training will make their employees more attractive to other companies.

Informing/Wireless Informing: the internet is the personal supply chain of knowledge. Wireless:  collaboration is mobile and personal.  Employees available to the world’s employers without moving.

Demand for Highly Skilled Workforce Technical  Operate & repair equipment  Develop & install software  Build & monitor networks

Demand for Highly Skilled Workforce High Performance  Analytical  Problem-solving  Communication skills  Generating & conveying knowledge  Lifelong learners

“Because technology makes simple tasks easier, it places a burden on higher level skills” enGauge 21 st Century Skills

“The illiterate of the 21 st Century will not be those who cannot read or write, but those who cannot learn, unlearn and relearn.” Alvin Toffler, Futurist & Author

80% of the fastest growing jobs in the US require some sort of education after high school. ** Educational attainment (years of schooling) does not necessarily equate with skills that workers need.**

Who will pay the highest wages? Employers & industries that are technologically creative frontiers. (Like iPod) These industries need the best- educated, most creative workers.

Best jobs of the 21 st Century Students need to know it’s important to consider picking a career that will be in high demand in the future and will afford them the lifestyle they want without creating credit or debt problems.

Best jobs of the 21 st Century Healthcare Administration Nursing Physical health Dentistry Mental health

Best jobs of the 21 st Century Technology Biotechnology Engineering Information Technology New Technologies (nanotechnology,…)

Best jobs of the 21 st Century Business & Professional Services Financial Services (Banking, Securities, Accting.) Human Resources Law Communications Public Relations Sale & Marketing Food Services

Worst jobs of the 21 st Century Manufacturing Journalism Radio Announcers Travel Agent Forbes.com The workers at the highest risk are those at all skill levels who do routine work!

Emerging High Demand Careers Information broker Job developer Leisure consultant Bionic Electron Tech. Computational linguist Fiber optic technician Fusion engineer Image consultant Myotherapist Relocation counselor Retirement counselor Robot technician Space mechanic Underwater archaeolog.

How should students plan for the 21 st Century?

First! Students should figure out what is important to them: Interests Values Skills/Strengths Their “Passions”

Students should find their “Passion” in their Job Choice – Yes “Choice” Match interests and strengths (their passions) …to Career Clusters Next!

25 National Model

A Plan of Study provides: More occupations to think about Suggested Classes Other learning opportunities Postsecondary programs to consider

What is a Plan of Study? 9 th grade through entering the job market Academic Skills – Math, Science, Communication Also – Career & Technical Education Classes – Computer Classes – Dual Credit/AP Classes

Next! (or at the same time) Match chosen Career Clusters… …to jobs that are in demand and pay a good wage.

Let’s look at examples of Jobs ( Some High Demand Jobs) UnskilledAnnual Salary Food Service $12,600 – $15,200 Receptionist$15,300 – $23,700 Truck Driver$17,900 – $31,600 Construction Laborer$19,500 – $27,200 Retail Clerk$12,900 – $27,200 Nurse Assistant$ 17,600 - $23,200

Let’s look at examples of Jobs (More High Demand Jobs) SkilledAnnual Salary Electric/Electronic Tech.$33,300 – $54,200 Dental Hygienist$46,100 – $57,200 Carpenter$22,600 – $34,100 Plumber$47,100 – $95,000 Nurse$33,400 – $54,200 Welder$23,200 – $39,100 Medical Sonographer$29,100 - $60,848

Let’s look at examples of Jobs (High Demand Jobs) ProfessionalAnnual Salary Social Worker$29,500 – $43,500 Engineer$40,000 – $84,000 Teacher$26,000 – $39,300 Pharmacist$56,200 – $85,600 Architect$30,600 – $64,000 Business Manager$39,300 – $70,700

Starting Pay for High-Paying Jobs Pharmacist157,000 by 2020 $80,000 to $100,000 Nurse Anesthetist13,000 by 2011 $80,000 to $95,000 Funeral Director34,000 needed now up to $130,000

Starting Pay for High-Paying Jobs Industrial Electrician200,000 by 2011 Up to $70,000 Commercial Plumber/107,000 by 2011 Pipefitter$56,000 to $95,000+ HVACCannot find enough up to $80,000

Conclusions 21 st Century Workforce needs:  Technical Staff who operate & repair equipment, develop & install software, and build & monitor networks.  Higher level skills: analytical, problem- solving, communication, generating & conveying knowledge.  Lifelong workers

Conclusions How students should prepare:  Identify interests, strengths and values  Pick career cluster(s) that fit those passions  Follow a plan of study (updating often)  Choose careers within the cluster that are high demand & high wage.