Thursday, December 17, 2009

Number of Jobs in U.S. Projected to Grow, but Where Is Yours? - ERI Economic Research Institute

Number of Jobs in U.S. Projected to Grow, but Where Is Yours?

Redmond, WA – The U.S. Bureau of Labor Statistics (BLS) reported last week that total employment is projected to increase by 10 percent from 2008 to 2018. Even though the Baby Boomers are working longer and delaying retirement, they can’t hold off forever – jobs created when current incumbents need to be replaced are projected to be more than double the number of openings due to economic growth in this 10-year period.

Jobs continue to shift from the goods-producing sector of the economy to services, the source of 96 percent of the increase in total employment. The two industries expected to have the largest employment growth are professional and business services (4.2 million) and health care and social assistance (4.0 million).

While construction employment is projected to increase slightly, manufacturing and mining jobs will drop. At the end of the ten years, the goods-producing sector is expected to account for only about 13 percent of jobs.

However, if you are one of the well over 15 million Americans out of work or one of the additional 9 million involuntarily working part time, you may be looking for some guidance on where to find employment right now.

The top ten occupational groups with the largest number of job openings include cashiers, retail salespersons, restaurant wait staff, customer service representatives, registered nurses, food preparation workers, general office clerks, laborers, elementary school teachers, and stock clerks. View BLS’ entire list of 30 at: http://www.bls.gov/news.release/ecopro.t07.htm.

But the key to finding employment is matching your skills to a specific job in your geographic area. ERI Economic Research Institute is offering some free help, giving job-seekers access to a software program often used by Human Resources professionals to match job applicant abilities and interests to the requirements for actual jobs. You can create a list of organizations that employ people in the jobs you select, along with links to online job postings, all within your commuting range.

ERI’s founding director Dr. David Thomsen says, “Job search is all about minimizing rejection. ERI's software identifies jobs that fit and local employers posting openings for these jobs, while providing contact names, emails, addresses, and phone numbers. Because we want to increase the odds of a successful job search in these tough times, ERI is making this program available at no cost.”

Download the free Job Search version of ERI’s Occupational Assessor at:
http://www.erieri.com/index.cfm?FuseAction=LG.SingleDemo&ID=eDOT&source=salarySurveys to assist you in these tasks:
  • Identify your education, achievements, skills, address, and any physical and/or mental limitations;
  • Review the jobs found nationally or locally for which you qualify;
  • Generate a list of employers within commuting radius that are most likely to have the positions that match your qualifications; and
  • Review a list of job board postings by matched employer, area, and/or industry to see if any of these employers have a job available now.
Enhanced versions of the software for consultants and vocational experts are also available for purchase at: http://www.erieri.com/index.cfm?FuseAction=EDOT.Main.

About ERI Economic Research Institute:
ERI Economic Research Institute, Inc. is a leader in compensation and job content information. With data gathered from online surveys and an extensive survey library, ERI’s staff of 60 researchers provides subscribers with assessments of salaries, relocation cost, cost-of-living comparisons, and executive compensation. ERI’s compensation databases contain 20 years of collected data, covering the United States, Canada, the United Kingdom and other countries throughout Europe. ERI subscribers include the American Red Cross, Alaska Airlines, Monster Worldwide, Aon Consulting, Honda, Amtrak, Adidas America, Inc., IRS, CIA, and United Nations. ERI’s products include the Salary Assessor®, Geographic Assessor®, Relocation Assessor®, Executive Compensation Assessor®, Nonprofit Comparables Assessor™, and Occupational Assessor™ (eDOT®) software. For more information about ERI and its products, visit http://www.erieri.com.

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