Economic Stats

The fastest growing careers require a Masters degree, Right? Except one…

Most of the fastest-growing occupations typically need postsecondary education for entry. This is not really news, but a new trend has emerged that defies the accepted norm. Read on for the details. Most of the ten occupations that are projected to grow the fastest over the 2016–26 decade need postsecondary education for entry, but there …

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Job Growth by Industry over the next decade: Number 1?

What are the hot jobs of the future? No one knows for sure, but the U.S. Bureau of Labor Statistics (BLS) identifies occupations that are projected to grow from 2018 to 2028. BLS expects total U.S. employment to increase 5 percent over the decade, resulting in about 8.4 million new jobs. Nearly half of those …

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Does Formal Education Really Impact Earning Potential?

Everyone is told that their level of formal education will greatly determine their earning potential. But is there data to support the concept of “learning more-earning more”? And is it possible that the guy who went to work after high school is making as much as the one who completed a four year degree? The …

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Has Going Green become a hot new career path?

Data suggests that green related occupations are pushing above the median average for income and job satisfaction. What’s good for the earth may be good for your earnings. Wages in many occupations related to environmental protection were well above the $38,640 median annual wage for all occupations in 2018, according to the U.S. Bureau of …

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Study of those born in early 1980’s reveals interesting career and life trends

The U.S. Bureau of Labor Statistics has reported that Americans born in the early 1980s held an average of 7.8 jobs from age 18 through age 30. The longitudinal study also reveals their trends in life choices, careers and more. Individuals held more jobs at younger ages, and the number of jobs held declined as …

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Has the required skill level of part-time jobs changed over time?

Multiple studies exist that trace the increase in part-time employment in the United States. Some studies attempt to measure the pay gap between full-time and part-time workers, but little research exists that addresses the type of work performed by part-time workers and how the skills required in the job may have changed over time.1 For example, …

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