21 st century workforce changes why student planning is so important! developed by: the n region...

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21 st Century Workforce Changes Why Student Planning is So Important! Developed by: The N Region Career Resource Coordinator Program

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21st Century Workforce Changes

Why Student Planning is So Important!

Developed by:The N Region Career Resource Coordinator Program

Workforce Terms• Changing (USA)• Surplus• Outsourcing• Insourcing• Mobile• Informing/Wireless

Changing Labor Force (USA)• Aging

77 million baby boomers retiring before 2030By 2015, 19% of workforce will be over 55 yrs.

• DiverseMore racially and ethnically diverse40% of U.S. population growth due to

immigration

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

Surplus• Example:

2005 College GraduatesChina – 3.3 millionIndia – 3.1 millionU.S. – 1.3 million

Engineering Graduates in 2005China – 600,000India – 350,000U.S. – 70,000

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.

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.

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.

Informing/Wireless• Informing: the internet is the

personal supply chain of knowledge.

• Wireless: collaboration is mobile and personal.Employees available to the world’s

employers without moving.

Demand for Highly Skilled Workforce

• TechnicalOperate & repair equipmentDevelop & install softwareBuild & monitor networks

Demand for Highly Skilled Workforce

• High PerformanceAnalyticalProblem-solvingCommunication skillsGenerating & conveying knowledgeLifelong learners

“Because technology makes simple tasks easier, it places a burden on higher level skills”

enGauge 21st Century Skills

“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

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.**

Who will pay the highest wages?

Employers & industries that are technologically creative frontiers. (Like iPod)

These industries need the best-educated, most creative workers.

Best jobs of the 21st Century

Students need to know it’s 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.

Best jobs of the 21st Century

Healthcare• Administration• Nursing• Physical health• Dentistry•Mental health

Best jobs of the 21st Century

Technology• Biotechnology• Engineering• Information Technology• New Technologies

(nanotechnology,…)

Best jobs of the 21st CenturyBusiness & Professional Services• Financial Services (Banking, Securities,

Accting.)• Human Resources• Law• Communications• Public Relations• Sale & Marketing• Food Services

Worst jobs of the 21st Century

• Manufacturing• 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!

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.

How should students plan for the 21st Century?

First!Students should figure out what is

important to them:• Interests• Values• Skills/Strengths

Their “Passions”

Students should find their “Passion” in theirJob Choice – Yes “Choice”

Match interests and strengths (their passions)

…to Career Clusters

Next!

25National ModelNational Model

A Plan of Study provides:

• More occupations to think about• Suggested Classes• Other learning opportunities • Postsecondary programs to

consider

What is a Plan of Study?• 9th grade through entering the job

market• Academic Skills–Math, Science, Communication

• Also–Career & Technical Education Classes–Computer Classes–Dual Credit/AP Classes

Next! (or at the same time)

Match chosen Career Clusters…

…to jobs that are in demand and pay a good wage.

Let’s look at examples of Jobs(Some High Demand Jobs)

Unskilled Annual Salary

Food Service $12,600 – $15,200Receptionist $15,300 – $23,700Truck Driver $17,900 – $31,600Construction Laborer $19,500 – $27,200Retail Clerk $12,900 – $27,200Nurse Assistant $ 17,600 - $23,200

Let’s look at examples of Jobs(More High Demand Jobs)

Skilled Annual Salary

Electric/Electronic Tech. $33,300 – $54,200Dental Hygienist $46,100 – $57,200Carpenter $22,600 – $34,100Plumber $47,100 – $95,000Nurse $33,400 – $54,200Welder $23,200 – $39,100

Medical Sonographer $29,100 - $60,848

Let’s look at examples of Jobs(High Demand Jobs)

Professional Annual Salary

Social Worker $29,500 – $43,500Engineer $40,000 – $84,000Teacher $26,000 – $39,300Pharmacist $56,200 – $85,600Architect $30,600 – $64,000Business Manager $39,300 – $70,700

Starting Pay forHigh-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 nowup to $130,000

Starting Pay forHigh-Paying Jobs

Industrial Electrician 200,000 by 2011Up to $70,000

Commercial Plumber/ 107,000 by 2011Pipefitter $56,000 to

$95,000+

HVAC Cannot find enoughup to $80,000

Conclusions21st 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

ConclusionsHow students should prepare:

Identify interests, strengths and valuesPick career cluster(s) that fit those

passionsFollow a plan of study (updating often)Choose careers within the cluster that

are high demand & high wage.