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Volume 3 Issue 6 April 2004

 
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 Home >Equations>Volume 3 Issue 6

Dhirendra R
CEO
Eduquity

What are the latest employment trends? Which are the segments that will be the most sought after ones this decade?

This issue of `Equations' will throw some light on some relevant facts and figures. Read on...


In This Issue

Projection of employment trends

William Knoke in his landmark book: Bold New World: The Essential Road Map to The Twenty-First Century) has identified three category of high-potential careers, namely:

  • Those who use and develop technology - e.g. engineers, computer graphic artists and software developers.

  • Those who respond to demographic shifts - e.g. chefs, healthcare workers and physical therapists.

  • Those who help society to adapt - e.g. management consultants, specialists, accountants and lawyers.

According to the Occupational Outlook Handbook, the Bureau of Labor Statistics the Employment by major occupational group, 2000 and projected 2010 (Numbers in thousands of jobs)

  Employment Change
Occupational group Number Percent distribution Number Percent
  2000 2010 2000 2010    
 
Total, all occupations 145,594 167,754 100.0 100.0 22,160 15.2
 
Management, business, and financial occupations 15,519 17,635 10.7 10.5 2,115 13.6
Professional and related occupations 26,758 33,709 18.4 20.1 6,952 26.0
Service occupations 26,075 31,163 17.9 18.6 5,088 19.5
Sales and related occupations 15,513 17,365 10.7 10.4 1,852 11.9
Office and administrative support occupations 23,882 26,053 16.4 15.5 2,171 9.1
Farming, fishing, and forestry occupations 1,429 1,480 1.0 0.9 51 3.6
Construction and extraction occupations 7,451 8,439 5.1 5.0 989 13.3
Installation, maintenance, and repair occupations 5,820 6,482 4.0 3.9 662 11.4
Production occupations 13,060 13,811 9.0 8.2 750 5.7
Transportation and material moving occupations 10,088 11,618 6.9 6.9 1,530 15.2

Fastest growing occupations, 2000-10

  Employment Change
Occupation  
  2000 2010 Number Percent
Computer software engineers, applications 380 760 380 100
Computer support specialists 506 996 490 97
Computer software engineers, systems software 317 601 284 90
Network and computer systems administrators 229 416 187 82
Network systems and data communications analysts 119 211 92 77
Desktop publishers 38 63 25 67
Database administrators 106 176 70 66
Personal and home care aides 414 672 258 62
Computer systems analysts 431 689 258 60
Medical assistants 329 516 187 57

Employment Trends - Facts & Projections

Service industries will account for the most new jobs.

Twenty occupations will account for half of all job growth between now and 2005, with computer technology and health services aggressively leading the pack.

Jobs requiring the most education and training will be the fastest growing and highest paying.

Work force will continue to Age.

The labor force will become increasingly diverse with greater representation by women, African Americans, Asians and Hispanics.

Events Calender Back to top


Workshop on Effective Interviewing skills.
Presented by the Institute of HRD, Bangalore
Date: April 16, 17, 2004
Time: 9.30 a.m. to 5.30 p.m.
Venue: The Leela Palace, Airport Road, Bangalore

Quote of the issue : Back to top

A happy person is not a person in a certain set of circumstances, but rather a person with a certain set of attitudes.

- Hugh Downs

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