December 7, 1999 (The Editor’s Desk is updated each business day.)

Education requirements and job growth

Occupations requiring an associate degree or more education will account for 40 percent of total job growth from 1998 to 2008, according to new BLS projections.

Distribution of projected change in employment, 1998-2008, by education and training category (percent)
[Chart data—TXT]

Jobs that require an associate degree will account for 7.6 percent of job growth, while jobs that require a bachelor’s degree will account for 20.8 percent. Occupations that require a degree beyond the bachelor’s are projected to account for 3.5 percent of employment growth in 1998-2008.

In addition, 8.3 percent of employment growth will be due to jobs that require work experience plus a bachelor’s or higher degree. Most jobs in this category are managerial or administrative.

The education and training category that is projected to account for the most job growth is short-term on-the-job training, with a share of 37.4 percent. The majority of jobs in this category are administrative support occupations; operators, fabricators, and laborers; and service occupations.

Projections of occupational employment are a product of the Employment Projections program. To find out more, see articles from the November 1999 issue of Monthly Labor Review.

Of interest

Spotlight on Statistics: The Recession of 2007–2009

The most recent recession in the United States began in December 2007 and ended in June 2009, though many of the statistics that describe the U.S. economy have yet to return to their pre-recession values. In this Spotlight, we present BLS data that compare the recent recession to previous recessions. Read more »