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EMPLOYMENT PROJECTIONS THROUGH 2018

Georgetown University recently researched the job projections and education requirements from 2007 through 2018. Read their Help Wanted summary from the Center on Education and the Workforce. It’s stated, in the Executive Summary section, that “America is slowly coming out of the Recession of 2007—only to find itself on a collision course with the future: not enough Americans are completing college . . . By 2018, we will need 22 million new workers with college degrees—but will fall short of that number by at least 3 million postsecondary degrees . . . At a time when every job is precious, this shortfall will mean lost economic opportunity for millions of American workers.”

Jobs In Demand

Georgetown University Center on Education and the Workforce, forecasts that by 2018, 63 percent of all jobs will require at least some postsecondary education. The types of jobs in 2018, which will become available, are in sales & office support (28 million), managerial & professional office (15 million), food & personal services and blue collar tied (12 million), community services & arts and education tied (10 million), plus STEM and healthcare tied (8 million) totaling 101 million new jobs, requiring postsecondary education. Compare those numbers with the 61 million new jobs in the high school and drop-out categories, and it’s obvious that having a postsecondary degree will greatly increase your chances of finding employment.

Where Are The Jobs?

Georgetown surveyed all the states and came up with these top 10 U.S. geographic areas with the highest percent of jobs requiring a postsecondary degree or higher through 2018. Check out the state statistics here.

Rank

State/ Region

Requiring Postsecondary

Professional Jobs

Occupation Category(s) with the Highest Growth

#1

District of Columbia

71%

543,000

Managerial & professional office
Sales & office support
STEM

#2

North Dakota

70%

277,000

Sales & office support

#3

Minnesota

70%

2,139,000

Sales & office support
Managerial & professional office

#4

Massachusetts

68%

2,438,000

Sales & office support
Managerial & professional office

#5

Colorado

67%

2,104,000

Sales & office support

#6

Washington

67%

2,334,000

Sales & office support

#7

Nebraska

66%

715,000

Sales & office support

#8

Utah

66%

1,063,000

Sales & office support
Managerial & professional office
Blue collar

#9

Maryland

66%

1,964,000

Sales & office support
Managerial & professional office
STEM

#10

Hawaii

65%

451,000

Sales & office support

What Does This Mean?

Don’t be a fool, stay in school! Georgetown University Center on Education and the Workforce reminds us that, “America needs more workers with college degrees, certificates and industry certifications. If we don’t address this need now, millions of jobs could go offshore.” If they are projecting a low number of postsecondary degreed workers based upon the current enrollment in American colleges plus the retention rates, then I’m not surprised at their projection. Enrollment at IPFW has been on the rise and such is the trend for a number of colleges. But, I also know that many colleges lost enrollment numbers once the recession hit because higher education was too expensive.

It’s Your Turn…

So, I challenge everyone who took a break from college, and those thinking about it, to tighten the belt and highly consider returning to school. It will pay off in the long run and you can always apply for financial aid, scholarships, and grants to help pay for the schooling. If you’re not sure where to find all the coveted scholarships and grants, then you first stop would be to your college’s financial aid office. The experts in the financial aid office can get you on the right track to finding scholarships and grants for which you can apply. And, as always, have a professional or a trusted friend to look over your scholarship applications. It is competitive and you should take it just as seriously as you do applying for jobs!

Author:
Karen is a Career Counselor and Internship Coordinator at Indiana University-Purdue University Fort Wayne (IPFW). At IPFW she assists students in finding internships, coordinates and assists with campus-wide events, teaches a Career Planning course, and meets with students to assist them with all aspects of career development. Connect with Karen via LinkedIn or Twitter.

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