Recovery: Job Growth and Education
Requirements Through 2020 By: Anthony P. Carnevale, Nicole Smith, Jeff Strohl June 26, 2013

Educational demand for employment has
grown; we expect that trend to continue.

• 24 million of these
jobs (43%) will be entirely new positions. • 31 million (56%) will be due to baby boom retirement. The US Economy Is Expected To Create 55 Million Job Openings By 2020

Who Will Be Hiring? •
STEM (Science,Technology, Engineering and Math) • Healthcare Professions • Healthcare Support • Community Services

Healthcare, Community Services & STEM
Are The Three Fastest Growing Occupational Clusters

• Healthcare • STEM •
Blue collar • Education • Managerial & professional office • Sales & office support • Food & personal services • Social Sciences • Community services & arts Recovery 2020: Occupational Clusters

By 2020, 65 Percent of
All Jobs Will Require Postsecondary Education • Applicants will need to have some form of post-secondary education: – Bachelor’s Degree or beyond – Some college/AA degree – Certificate or certification in a field • For most jobs, securing a high school education will not be enough to qualify for employment

There Will Be Fewer Jobs
Available For Individuals That Only Possess a High School Diploma

Even The Fastest Growing Fields
Will Require High Postsecondary Education • STEM, healthcare professions, healthcare support, and community services will all require high levels of education in order to compete for a position. • Healthcare support will not have the same high demand for postsecondary education. – Healthcare support careers, however, will have lower wage growth.

The Fastest Growing Occupations Require
High Levels of Postsecondary Education

• Recovery 2020 confirms cognitive
skills are highly sought after by employers. • Physically intensive skills are less important. • Forty-eight percent of jobs require high levels of active listening. • Other skills most coveted by employers: – Leadership – Communication – Analytics – Administration What Skills Will Get You Hired?

Intensity of Skills Use Across
Careers

Recovery 2020 By State •
The report also gauges each state’s position compared to the national average; • Compares the educational composition of jobs in the base year (2010) to the forecast year (2020); • Shows where the jobs will be by state, education level and occupations for 25 detailed occupational categories in 2020; • Twenty-seven states will be at or above the 65 percent proportion of jobs that will require postsecondary education beyond HS in 2020. • The highest proportion of BA jobs and graduate jobs will be concentrated in northeastern states. • Jobs for HS graduates or dropouts will be concentrated in the southern states.

Almost all states currently have
average attainment levels below those required for the jobs of the futureFigure 6:Almost all states have current average attainment levels below those required for the jobs of the future. DC 71% Minnesota 69% North Dakota 69% Colorado 68% New Hampshire 68% Washington 68% Kansas 67% Massachussets 66% Connecticut 65% Oregon 65% Utah 64% Maryland 64% Nebraska 64% Virginia 63% Montana 63% Wisconsin 62% Illinois 62% Hawaii 62% South Dakota 62% Alaska 62% New Jersey 62% Michigan 61% NewYork 61% Vermont 61% Florida 61% Idaho 61% Arizona 60% Iowa 60% Rhode Island 60% California 60% National 60% Shortage(2020)* Wisconsin 62% Illinois 62% Hawaii 62% South Dakota 62% Alaska 62% New Jersey 62% Michigan 61% NewYork 61% Vermont 61% Florida 61% Idaho 61% Arizona 60% Iowa 60% Rhode Island 60% California 60% National 60% Georgia 59% New Mexico 59% Maine 59% Missour 59% Wyoming 58% North Carolina 58% Oklahoma 57% Nevada 55% South Carolina 55% Delaware 55% Pensylvania 55% Texas 55% Mississippi 55% Indiana 54% Ohio 54% Kentuky 54% Alabama 53% Tennessee 53% Louisiana 53% West Virginia 46% Arkansas 50% 0% 10% 20% 30% 40% 50% 60% 70%

Shortage(2020)* Current Attainment (2020) Illinois
62% Hawaii 62% South Dakota 62% Alaska 62% New Jersey 62% Michigan 61% NewYork 61% Vermont 61% Florida 61% Idaho 61% Arizona 60% Iowa 60% Rhode Island 60% California 60% National 60% Georgia 59% New Mexico 59% Maine 59% Missour 59% Wyoming 58% North Carolina 58% Oklahoma 57% Nevada 55% South Carolina 55% Delaware 55% Pensylvania 55% Texas 55% Mississippi 55% Indiana 54% Ohio 54% Kentuky 54% Alabama 53% Tennessee 53% Louisiana 53% West Virginia 46% Arkansas 50% 0% 10% 20% 30% 40% 50% 60% 70%

RECOVERY 2020 in Summary •
Most jobs will require applicants to have postsecondary education and training beyond high school. • More jobs will be available as baby boomers begin to retire. • The fastest growing fields will be in STEM, healthcare professions, healthcare support, and community services. • Employers will be looking for cognitive skills such as active listening, ability to communicate well, and critical thinking. • Despite the existing variation between states’ educational attainment, nearly all states will need to boost their rates of postsecondary education

For more information: Email Us
| cewgeorgetown@georgetown.edu Follow Us on Twitter | @GeorgetownCEW Find Us on Facebook | Facebook.com/GeorgetownCEW Follow Us on LinkedIn | linkedin.com/company/georgetowncew See the full report at: cew.georgetown.edu/recovery2020/