Tuesday, September 4, 2012

Part 1 - Where the Jobs Are - How to Take benefit of Current Trends

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This is the first in a multi-part series about jobs that are available today as we transition to a greener lifestyle. We'll start the series with a brief consulation of allembracing job trends and then look at opportunities to start a green enterprise or get a green job.

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As I listen to the pundits talk about the rising unemployment rate, I shape some of us might need to "reinvent" ourselves in this new green economy. As I've said many times, we're in a transition phase and many sectors of the economy may not be as robust and able to withhold as many workers as they might have in the past. easily green businesses need Pr people, accountants, executive assistants etc. Like any other business. The outlook is promising. There's a lot more going on at the state level than we're hearing about in the general media. In each article in the series, you'll be able to way a directory of resources that will help you find loans, grants, trade organizations and state agencies that can help you find this emerging source of green jobs and new enterprise opportunities for you daring entrepreneurs out there.

The Job Outlook from Now to 2016

As of November, the branch of Labor (Dol) reported the nation's unemployment rate at 9.7%. The Dol's, U.S. Bureau of Labor Statistics (Bls) reviews employment trends as they emerge due to declining industries, new growth and attrition created by retirees. Bls refers to this attrition or 'Net Replacement' trends meaning those job openings generated due to the necessity of replacing workers who permanently leave an occupation. In states with double-digit unemployment, the aggregate of declining manufacturing sector and large numbers of baby boomers about to retire, present opportunities for the unemployed to replacement their existing skills into new vigor industries.

Population Trends & Their Impact on Where Jobs Are Going

In their report, "Employment: 2006 - 2016: Occupational Employment Projections to 2016", Bls Economists Ann Dohm and Lynn Shniper article that the segment of our population 55 years or older will growth by 2.7% annually in the middle of now and 2016, reaching 87 million by 2016. Correlate that growth to the segment 16 years or older which will taste an estimated every year growth rate of 0.9%, growing from 229 to 251 million by 2016. Despite the distinction in the total amount of population in each population group, those 55 years or older are expected to be the fastest growing segment of the population in the middle of now and 2016. These two trends recognize educational and job training opportunities and where to find new jobs needed to replace retired workers who have left the work force. In this article, we'll talk about the top 3 fastest growing job categories.

Industry Trends

Bls estimates that manufacturing and production jobs in general will decline over the next decade, a loss of almost 500,000 jobs. Besides the definite economic conditions, the decline is due in part to technology improvements and imports produced at reduced labor costs. Other business sectors expected to decline are farming, fishing and forestry, a loss of 29,000 jobs. The fastest growing business sectors are health care and collective services, professional occupations such as enterprise management, financial services, and scientific and technical services. 493,000 new jobs will be created in these industries including:

Fastest Growing Occupational Groups - (Bls 10 Major Occupational Groups)

Overview of Fastest Jobs Occupational Group Code Percent Growth

Service Occupations 31,33,35,37,39 - 16.7%
Professional & associated 15,17,19,21,23,24,25,27,29 - 16.7%
Management, enterprise & Financial Occupations - All Industries 11,12,13 - 10.4%
Construction & removal 47 - 9.5%
Installation, Maintenance & mend 49 - 9.3%
Sales & associated Occupations 41 - 7.6%
Office & executive withhold 43 - 7.2%
Transportation & Material provocative 53 - 4.5%

Declining Occupational Groups

Production Occupations 51 - -4.9%
Farming, Fishing, & Forestry 45 - -2.8%

Service Occupations include those jobs that make people's jobs easier, safer and more pleasurable. Also as the population ages, there will be more of a inquire to help the elderly stay in their homes or residential housing. Dohm and Shniper appraisal that 4.8 million jobs will be created in the assistance sector in the middle of now and 2016. My concern is that though some of the jobs in the assistance career category, like Home health Aids are important and are in high inquire they pay very little. Keep in mind that the occupational table above includes "job families" so there are many distinct occupations included within family. For example, a measure of the jobs listed in the assistance occupations category include:

31-1011.00 Home health Aides
31-1012.00 Nursing Aides, Orderlies, and Attendants
31-1013.00 Psychiatric Aides
31-2011.00 Occupational Therapist Assistants
31-2012.00 Occupational Therapist Aides
31-2021.00 Physical Therapist Assistants
31-2022.00 Physical Therapist Aides
31-9011.00 Massage Therapists
31-9091.00 Dental Assistants
31-9092.00 Medical Assistants
31-9093.00 Medical tool Preparers
31-9094.00 Medical Transcriptionists
31-9095.00 Pharmacy Aides
31-9096.00 Veterinary Assistants and Laboratory Animal Caretakers
31-9099.99 Healthcare withhold Workers, All Other

The list above comes from a great Dol tool paid for by your tax dollars called 'Onet, Occupational data Network'. It's a huge database of job data that includes the inquire for a given occupation, salary information, education, and skills requirements. Use the occupational group codes in the table above to do an 'Occupation Quick Search' and press Go. You'll get a listing of occupations within that job house or category. You can also do an 'Occupation Quick Search' using the full occupational code - for example, enter 31-9099 and you'll see data in the 'Healthcare withhold Works, All other' category. Other searches include "Find Occupation" and "Skills Search". It easily is a 'one-stop-shop' because this federal job site links to your state's job town where you can find jobs in that category agreeing to zip code. Average salary and educational requirements for the job are listed for each occupational job entry - very cool! This is a great tool not only for job-seekers, but also for Human Resources professionals or enterprise owners who need to write position descriptions for employees.

Professional & associated Occupations

The second fastest category of jobs is professional & associated Occupations.

Fastest Growing Occupational Groups - (Bls 10 Major Occupational Groups)
Professional & associated Occupations Occupational Group Code Percent Growth
Computer & Mathematical Science 15 - 24.8%
Community & collective Services 21 - 22.7%
Health care practitioners 29 - 19.8%
Life, corporeal & collective Science 19 - 14.4%
Education, training and library 25 - 14%
Legal 23 - 11.8%
Arts, Design, Entertainment, Sports & Media 27 - 11.4%
Architecture & Engineering 17 - 10.3%

Health Care

According to the Bls, 5 million jobs will be created in the professional & associated Occupations category. The need for health care and collective services in the 55 years-and-older group will create a inquire for 1.7 million jobs in the health care and collective services job groups. Someone else 1.1 million will be created in collective and secret study and 1 million in professional, scientific and technical services. Not surprisingly, in the health care sector, there is still a strong need for Registered Nurses, which the Bls estimates will add 587,800 new jobs. Technology advances in the healing field will create a need for workers trained in new healing procedures. Someone else provocative trend in the health care business is toward having technicians perform more of the routine procedures formerly performed by licensed practitioners under supervision. The growth of Registered Nurses and doctor Assistants is expected to exceed growth of physicians and surgeons.

Education, Arts, Architecture, Sciences, Law

There will continue to be a need for primary, secondary and extra study teachers. The need for postsecondary teachers is expected to grow fast as the population of 18 to 24 years increases and a greater proportion of high school graduates go to college and as more adults attend college for courses in professional amelioration associated to their jobs. Computer and Mathematical science jobs will continue to grow adding 822,000 jobs as businesses continue to adopt and refine existing technologies. In the society and collective Services category, there will still be a need to assistance the disabled, substance abusers and those in urgency situations. Arts, design, entertainment, sports and media are estimated to add 305,000 jobs and 1 of 5 of those jobs will held in the form of self-employment. Writers, authors, photographers, multi-media animators and artist will be offered work as self-employed workers as more companies purchase services rather hire employees to do the work. Architecture and engineering occupations will taste a similar growth trend due to companies contracting out work. Life, physical, and collective scientists are projected to add 203,000 jobs. Many of these jobs will be created in secret sector firms that do healing and scientific research. Life Sciences workers will also be needed in the growing 'green industries' as the nation focuses more concentration on the environment in the arrival years. Within the legal professions, Bls projects an growth of 145,000 jobs. Of those, 84,000 of those jobs will be held by lawyers and 53,000 will go to paralegals and legal assistants. There will be a inquire for services in the areas of corporate, intellectual property, energy, elder, antitrust and environmental law. Most of the new legal jobs are expected to be in state and local government.

Management, enterprise & Financial

The Management, enterprise and financial occupational group contains the most variety of jobs over enterprise industries. Jobs within this category are projected to grow by 1.6 million. almost 493,000 jobs management, scientific and technical consulting; accounting, tax preparation, bookkeeping, and payroll services. The finance and assurance sector is expected to add 297,000 new jobs.

I'd like to mention two job categories that weren't listed in the fastest growing group but which will be important in new environmental industries. Based upon my research, in addition to highly technical jobs in the life sciences category, many green jobs will be created in the communication & provocative and the Installation, Maintenance and mend groups. There will be a need for truck drivers that have market Drivers Licenses (Cdls) to converyance recycled materials to landfills and within the manufacturing business for reuse and workers with general mechanical skills to mend and articulate new environmental machinery. As I mentioned at the starting of this article, the enterprise supervision and financial services fields might also provide transferable skills into new green businesses.

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