The document discusses the educational requirements for jobs in the US. It notes that by 2020, 37% of new jobs will require a postsecondary degree. Additionally, 16 of the 25 fastest growing occupations and 91 of the top 100 highest paying occupations require postsecondary education. The document then provides data on educational attainment in Austin from 2000-2011 which shows increases in the percentages of people with high school diplomas, some college, associate's degrees, bachelor's degrees and graduate/professional degrees. This suggests Austin's workforce may be becoming better prepared to meet the job market's educational demands.
US Jobs Requirements and Austin's Workforce Preparedness
1. Source: US Bureau of Economic Analysis, US Census Bureau
October 17, 2012 | Community Action Network Policy Palooza
2. Source: US Bureau of Economic Analysis, US Census Bureau
October 17, 2012 | Community Action Network Policy Palooza
3. Education: What’s at stake?
• 37% (7.5M) of all new jobs in US expected by
2020 will require postsecondary degree*
• 16 out of top 25 fastest growing occupations
in US will require postsecondary degree
• 91 out of top 100 highest paying occupations
in US require postsecondary degree
Source: US Bureau of Labor Statistics. *Degree as used here includes one or two-year certifications.
October 17, 2012 | Community Action Network Policy Palooza
4. Is Austin’s workforce prepared?
Population, Age 25+ 2011 2000 Change Percent
No high school diploma 73,699 66,511 7,188 11%
High school diploma 87,132 68,316 18,816 28%
Some college, no degree 98,505 84,486 14,019 17%
Associate's degree 33,283 19,887 13,396 67%
Bachelor's degree 146,033 103,111 42,922 42%
Graduate/prof degree 88,437 58,826 29,611 50%
Source: US Census Bureau
October 17, 2012 | Community Action Network Policy Palooza
5. Source: US Bureau of Labor Statistics
October 17, 2012 | Community Action Network Policy Palooza