ERIC Number: ED396168
Record Type: RIE
Publication Date: 1994-May
Growth of Jobs with Above Average Earnings Projected at All Education Levels. Issues in Labor Statistics. Summary 94-2.
Bureau of Labor Statistics, Washington, DC.
The Bureau of Labor Statistics projects national employment to grow by almost 26.4 million over the 1992-2005 period. The majority of these new jobs will be in higher-paying occupations. Entry requirements of the new jobs in occupations having above-average earnings will range from no more than a high school education to a bachelor's degree or higher. Occupations in which the most common entry requirement is a bachelor's degree or higher are projected to have the greatest increase of jobs with above-average earnings. Jobs for college graduates with above-average earnings will comprise more than 30 percent (nearly 8.1 million) of the new jobs. Nearly one-quarter of the new jobs that require at least a four-year college degree will be in just five occupations: accountants and auditors, systems analysts, and elementary, secondary, and special education teachers. Occupations that most commonly require some postsecondary training less than a bachelor's degree are also expected to have significant growth of jobs with above average earnings. Nearly half of these new jobs with higher earnings will be in only four occupations: food service and lodging managers, licensed practical nurses, registered nurses, and radiologic technologists and technicians. Although the share of jobs that require only a high school education is projected to decline in the years ahead, more than half of the total job growth over the 1992-2005 period will occur in these occupations. Jobs in occupations with above-average earnings in this education groups are projected to increase by almost 4.3 million--more than 28 percent of the economy's total job growth. (KC)
Publication Type: Numerical/Quantitative Data
Education Level: N/A
Authoring Institution: Bureau of Labor Statistics, Washington, DC.