1. Employment Trends in the New Millennium
Keys to Your Future
Employment Trends in the New Millennium

2. Approximately 50,562,000 job openings are projected to become available during the 2000 – 2010 period.

3. Most employment growth will be in three industries.
Health services
Retail sales
Business services
This is a world where the sales of ideas and services has replaced the sale of manufactured goods.

4. Where are the jobs?

5. Education Pays
The trend is clearly toward closer and closer relationships between education and employment

6. Earnings by Level of Education
Education Level Annual earnings
Professional $74,560
Master’s $40,368
Bachelor’s $32,629
Associate $24,398
Some college, no degree $19,666
High school $18,737
Not a high school graduate $12,809

8. How much will it cost to live each year?
Poverty level for family of four = $16,895
Annual median earnings for a woman = $26,324
Annual median earnings for a man = $36,478

9. What are my options? Four-Year College degree or higher
Community College (Certificate or Associate degree
Vocational/Technical training
Military training
On the job training/Apprenticeships

10. Which occupation pays more?

11. Median annual earnings
Registered Nurse $34,430 – $49,070
Teacher, Elementary $39,300 average
Librarian $32,840 - $52,110
Truck Driver $18,304 - $32,385

12. What is different about these occupations?
LEVEL OF EDUCATION
Roughly 1 in 3 of “high earners” do not have a Bachelor’s degree.
Greater and greater difference between SKILLED and UNSKILLED workers, not simply between college graduates and non-college graduates

15. Job Trend Summary
On average, employment will grow faster in jobs that require the most education and training.
By the year 2000, 86% of all jobs will require some education beyond high school; however, more than 70% of the jobs will not require a bachelor’s degree
Today’s workplace requires advanced technical skills.
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