Guidance Counselor Presentation 5/5/2009 New Jersey’s Economy 2008-2009 • Job growth in Education and Health Services (+13,300) Career Trends, Job Markets, and Associate Degrees g Denise Schmidt, Director Career Services and Cooperative Education • Largest losses – – – – Professional and Business Services (-43,000) Manufacturing ((-29,400) 29,400) Construction (-20,500) Finance (-16,000) • Government employees represent 17% of the workforce (660,000) – More than manufacturing (272,000) – More than finance (255,000) – More than education and health (601,000) John J. Heldrich Center for Workforce Development, Rutgers University New Jersey’s Key Industry Sectors New Jersey’s Key Industry Sectors (long term job potential) (long term job potential) BIOPHARMA / LIFE SCIENCES Product Management Marketing Regulatory Affairs Basic Research and Clinical Scientists Biostatistician John J. Heldrich Center for Workforce Development, Rutgers University TRANSPORTATION, LOGISTICS, and DISTRIBUTION Logistics Planning Warehousing and Distribution Transportation Support Positions: Health, safety, environmental management Sales and service Maintenance and repair John J. Heldrich Center for Workforce Development, Rutgers University New Jersey’s Key Industry Sectors New Jersey’s Key Industry Sectors (long term job potential) (long term job potential) HEALTH CARE Registered Nurse, LPN Certified Nursing Assistant Home Health Aide Physical Therapist Mental Health / Substance Abuse Social Worker Medical Coder Radiology Technician Nuclear Medicine Technologist “GREEN” JOBS Construction, Installation, Construction Installation Repair and Maintenance Architecture, Engineering and Project Management Research and Development Corporate Administration, Business, Financial, Sales, IT, Marketing John J. Heldrich Center for Workforce Development, Rutgers University John J. Heldrich Center for Workforce Development, Rutgers University 1 Guidance Counselor Presentation 5/5/2009 Career Trends • GREEN CAREERS Sustainable Agriculture - organic farming, worker protection Recycling - bio-fuel, e-waste Water Management - flood control control, irrigation, irrigation fish monitoring Building Green - energy auditor, installer • Hazardous Waste Mgmt. - safety inspector, toxicologist, EPA • Clean Energy - R&D, construction, financial analyst • Environmental Justice - lawyers, lobbyists, organizers • Green Design - industrial, furniture, product, and interior design • • • Local Job Market Career Trends GREEN MAJORS Agriculture g Architecture Biology Entrepreneurship Office Management Environmental Science Design g Physics y Economics Math Electronics Computers Chemistry Construction Business Overall Job Market Even in a recession some companies are hiring. CCM Job Fair (April) • 51 employers participated • 69 attended September job fair • Employers and jobs different than in the past Nursing Career Day (January) • Same number of employers attended as in 2008 • Fewer positions available, more selective Overall, the jobs that are opening up are not physical labor jjobs but rather jobs j requiring q g education,, skills,, math ability, and computer literacy. The Labor Department reported that the government added 9,000 new jobs in February alone. Associated Press (3/10/09) Overall Job Market • Engineers (nuclear and product engineers) • Nurses (hospitals added 7,000 in February) Overall Job Market • Companies that make nuclear power equipment (building 26 new power plants in the next decade) • Mortgage lending companies (those not involved in subprime lending, benefittingg as competitors p fold)) • Pharmacists • Veterinarians (livestock and inspectors) • Banks (information technology specialists to help integrate companies) • Mortgage servicing companies (collect payments for the lenders) • Discount retailers (dollar stores) • Liquidators (vehicles, networking and communications equipment) Associated Press (3/10/09) According to the Associated Press (3/10/09) 2 Guidance Counselor Presentation 5/5/2009 Associate Degrees • In the coming years, four in five new jobs will require a twoyear degree or vocational training and certificate, according to the Bureau of Labor Statistics. • More than half of all new jobs in the United States will require more than a high school diploma. • Currently, only about 20% of low-income black and Hispanic students earn any sort of postsecondary credential. Associate Degrees Middle Skills Jobs – those that require q more than a high school diploma but less than a four-year degree – are said to be the neglected opportunities of the educational system. Associate Degrees Associate Degrees Five High-Paying Jobs for Two-Year Degree Holders 10 Highly-Profitable Two-Year Degrees (with job opportunities) Physical Therapy Assistant ($46K) Web Designer ($49K) Electrical or Electronic Engineering Technician ($47K) Registered Nurse ($55K) Computer Support Specialist ($46K) Executive or Administrative Assistant ($37K) Dental Hygienist ($57K) Surveying or Mapping Technician ($42K) Veterinary Technician ($33K) Camera Operator ($42K) Registered g Nurse (($60K)) Computer Specialist ($71K) Dental Hygienist ($65K) Fashion Designer ($63K) Environmental Engineering Technician ($41K) *median annual salary PayScale.com CollegeView.com Graduate Survey Highlights Class of 2007 vs. Class of 2006 • More transfer program graduates enrolled in four-year institutions. • 68% attended public NJ institutions • 18% attended private NJ institutions • 15% enrolled in institutions out of state Cornell, UNC, Rochester Institute of Technology, U Penn, NYU American, Columbia, University of Richmond, The New School Our Advice to Students Develop skills in these 5 critical categories • Adaptability – problem-solving, time management, critical thinking, lifelong learning, flexibility, change management • Information management and communication – presentation, writing, data analysis, teamwork, cultural awareness • Business - project and product management, customer service, management , basic finance • Math, science, technology - understand and apply new technologies, knowledge in technical discipline • More career program graduates were employed in jobs related to their CCM majors. • Interdisciplinary – combine business and technical skills 3 Guidance Counselor Presentation 5/5/2009 “College career counselors should encourage their students to research occupations and gather as much information as possible from a wide range of sources. The needs of employers are evolving in response to our rapidly changing economy. Counselors should encourage students to stay abreast of these changes so that they adjust their coursework and training accordingly.” Roger Moncarz, Branch Chief of the Employment Projections Program at the Bureau of Labor Statistics 4