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Changing Labor Force (USA) Aging. 77 million baby boomer

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Changing Labor Force (USA) Aging. 77 million baby boomers ... 80% of the fastest growing jobs in the US require some sort of education after high school. ... – PowerPoint PPT presentation

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Title: Changing Labor Force (USA) Aging. 77 million baby boomer


1
21st Century Workforce Changes
  • Why Student Planning is So Important!

Developed by The N Region Career Resource
Coordinator Program
2
Workforce Terms
  • Changing (USA)
  • Surplus
  • Outsourcing
  • Insourcing
  • Mobile
  • Informing/Wireless

3
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

4
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

5
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

6
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.

7
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.

8
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.

9
Informing/Wireless
  • Informing the internet is the personal supply
    chain of knowledge.
  • Wireless
  • collaboration is mobile and personal.
  • Employees available to the worlds employers
    without moving.

10
Demand for Highly Skilled Workforce
  • Technical
  • Operate repair equipment
  • Develop install software
  • Build monitor networks

11
Demand for Highly Skilled Workforce
  • High Performance
  • Analytical
  • Problem-solving
  • Communication skills
  • Generating conveying knowledge
  • Lifelong learners

12
  • Because technology makes simple tasks easier, it
    places a burden on higher level skills
  • enGauge 21st Century Skills

13
  • The illiterate of the 21st Century will not be
    those who cannot read or write, but those who
    cannot learn, unlearn and relearn.
  • Alvin Toffler, Futurist Author

14
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.

15
Who will pay the highest wages?
  • Employers industries that are technologically
    creative frontiers. (Like IPod)
  • These industries need the best-educated, most
    creative workers.

16
Best jobs of the 21st Century
  • Students need to know its 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.

17
Best jobs of the 21st Century
  • Healthcare
  • Administration
  • Nursing
  • Physical health
  • Dentistry
  • Mental health

18
Best jobs of the 21st Century
  • Technology
  • Biotechnology
  • Engineering
  • Information Technology
  • New Technologies (nanotechnology,)

19
Best jobs of the 21st Century
  • Business Professional Services
  • Financial Services (Banking, Securities,
    Accting.)
  • Human Resources
  • Law
  • Communications
  • Public Relations
  • Sale Marketing
  • Food Services

20
Worst jobs of the 21st Century
  • Manufacturing
  • (Manufacturing is actually growing in ND.)
  • Journalism
  • Radio Announcers
  • Travel Agent
  • Forbes.com 10-09-2007

The workers at the highest risk are those at all
skill levels who do routine work!
21
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.

22
How to help students plan for the 21st Century?
23
First!
  • Assist students in figuring out what is important
    to them
  • Interests
  • Values
  • Skills/Strengths
  • Their Passions

24
  • The Career Outlook
  • Most commonly used career resource in ND
  • North Dakota Information
  • Career Exploration
  • Education Training
  • Relevant High School Courses

Interest and ability surveys are on pages 4,5,17
and 21.
25
Guidance Central Or Bridges.com
26
Assist them in finding their Passion in
their Job Choice Yes Choice
Next!
  • Match interests and strengths (their passions)
  • to Career Clusters

27
16 Career Clusters
National Model
28
Each Career Cluster Has A Plan of Study
29
  • A Plan of Study provides
  • More occupations to think about
  • Suggested Classes
  • Other learning opportunities
  • Postsecondary programs to consider

30
What is a Plan of Study?
  • Classes 9th grade through entering the job market
  • Academic Skills
  • Math, Science, Communication
  • Also
  • Career Technical Education Classes
  • Computer Classes
  • Dual Credit/AP Classes

31
Next! (or at the same time)
  • Match chosen Career Clusters
  • to jobs that are in demand and pay a good wage.

32
ND Employment by Education Level
Pro - 45,911 typical
Unskilled 19,501 typical
Skilled - 31,221 typical
Job Service North Dakota Employment Projections
2004-2014
33
Lets look at examples of Jobs (ND High Demand
Jobs)
  • Unskilled (36) Annual 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

34
Lets look at examples of Jobs (ND High Demand
Jobs)
  • Skilled (48) Annual 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

35
Lets look at examples of Jobs (ND High Demand
Jobs)
  • Professional (16) Annual 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

36
Starting Pay for Uncool, High-Paying Jobs
  • Pharmacist 157,000 by 2020
  • 80,000 to 100,000
  • Nurse Anesthetist 13,000 by 2011
  • 80,000 to 95,000
  • Funeral Director 34,000 needed now
  • up to 130,000

37
Starting Pay for Uncool, High-Paying Jobs
  • Industrial Electrician 200,000 by 2011
  • Up to 70,000
  • Commercial Plumber/ 107,000 by 2011
  • Pipefitter 56,000 to 95,000
  • HVAC Cannot find enough
  • up to 80,000

38
Conclusions
  • 21st 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

39
Conclusions
  • How to help students 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.

40
Questions/Comments???
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