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Critical Occupations in The Next Economy. Sally A. Hamilton, Ph. D. LeBow College of Business Drexel University. The Current Economic Situation. Forecasts concur that the recession and downturn have bottomed out….
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Critical Occupations in The Next Economy Sally A. Hamilton, Ph. D. LeBow College of Business Drexel University
The Current Economic Situation • Forecasts concur that the recession and downturn have bottomed out…. • A huge deficit in jobs still exists compared to pre-recession levels. The U.S. has lost 5.3 million jobs(-3.8%) and California is down 6.6% over the last four year. • Overall wages have not risen over the last decade. • Forecasts can’t seem to agree on when the local economy will recover, and what form that recovery will take. • Some estimates are that California will continue to see labor markets at the 2007 level for at least four more years. • Commercial vacancies are high- 23% in the greater Sacramento area • Over half of all college graduates can’t find employment locally in their field • Long term unemployment is over 40% • http://www.labormarketinfo.edd.ca.gov; http://www.irle.berkeley.edu/cwed;
The Current Labor Market Situation Regional unemployment has recently dropped slightly, from over 12% to slightly above 11%. That is good news, but still more than double the rate of 5 years ago. The California rate is currently 11.5% and the U.S. is 11.5% Online job postings The latest monthly report by the Conference Board said there were 25,600 ads posted in Sacramento, a nearly 15 percent gain from 22,300 in April 2011. The April total was down slightly from 26,200 ads in March. Sacramento went from second nationwide in the number of unemployed per online advertised job vacancy to fourth in the new report, with 4.29 job seekers for every online opening http://www.labormarketinfo.edd.ca.gov
Employment in Sacramento Region Today Overall employment in the region is increasing, over the last couple of months. Employment has increased locally in local governments, professional and business services, and professional, scientific and technical services. Some industries see continuing declines, including retail, utilities, and transportation. The year over picture is weaker, with a slight decrease in employment year over year. Hospitality, recreation, and good services accounted for the majority of this. There were increases in several sectors year over year, including education and health services. http://www.labormarketinfo.edd.ca.gov
The Next Economy The Next Economy Task Force has identified key areas of focus for economic growth Life Sciences and Health Services Information and Communications Technology Advanced Manufacturing Clean Energy Technology Agribusiness and Food Education and Knowledge Creation Knowledge Intensive Business and Financial Services These last two can be viewed as cutting across all other clusters These clusters represent combinations of economic and locational strength for our region. They also represent opportunities for job growth and increased employment Based on these clusters, education providers need to be prepared for the occupations that will see growth and help the workforce to be able to meet the future employment demand Data source: CSER Next Economy
We know that growth in these industry clusters will act as a crucible for further growth across all layers of the occupational pyramid. What are the occupations critical to supporting the region’s key economic clusters? The educational objective is to meet needs for skilled, solid employment that will generate job growth throughout the workforce spectrum. The Question
Projections for Sacramento Region http://www.labormarketinfo.edd.ca.gov
Information and Communications Technology Occupations • Database and Systems Administrators and Network Architects • Administrators, Computer Systems Hardware • Architects, Computer Network • Computer Support Specialists • Computer User Support Specialists • Computer Network Support Specialists • Computer Laboratory Technicians • Mathematical Science Occupations • Health Informatics • Computer and Information Research Scientists • Computational Theory Scientists • Computer and Information Analysts • Analysts, Information Security • Software Developers and Programmers • Architects, Computer Systems Software • Designers, Web • Computer Hardware Designers • Computer Hardware Engineers
Advanced Manufacturing • A survey of U.S. manufacturing employers found that 80 percent of respondents said that they had a serious problem finding qualified candidates for the highly technical world of modern manufacturing. (National Association of Manufacturers) http://www.doleta.gov/brg/indprof/Manufacturing_profile.cfm • Jobs in the Advanced Manufacturing industry require a variety of skill sets. • Workers need the production skills to set up, operate, monitor and control the manufacturing process. • They need the process design and development skills to continuously improve production processes. • They need skills in health and safety to maintain a safe work environment. • They need skills in maintenance, installation and repair to maintain and optimize complex equipment and systems. • They need knowledge of supply chain logistics in order to plan and monitor the movement and storage of materials and products. • Finally, manufacturing workers need skills in quality assurance and continuous improvement to ensure that products and processes meet quality requirements.
Clean Energy Technology • In July, President Obama’s Council of Economic Advisors released a report saying that the stimulus package had saved or created over 330 000 clean-energy jobs in the first half of this year. Those jobs mainly went to electricians, solar photovoltaic installers, wind-turbine technicians, etc. • The Clean Edge survey, which was published last October, found that the top five clean-tech jobs sectors are solar, biofuels and biomaterials, conservation and efficiency, the smart grid, and wind power. • An entry-level geothermal power engineer gets a median salary of about US $71 800. • The median salary for a midlevel hardware design engineer in the smart-grid industry is $87 700, while a midlevel design engineer in solar PV made $65 000. http://spectrum.ieee.org/at-work/tech-careers/renewable-energy-renewable-jobs
Clean Energy Technology Occupations • Alternative Fuel and Hybrid Technician • Architect ‐ Green Building and Design • Plant Operations • Civil Engineer/Civil Engineering Technician • Control System Applications Engineer • Electrical/Electronic Engineer/Technician • Energy Engineer/Energy Infrastructure Engineer • Energy Manager and Analyst • Environmental Engineer or Technician • Environmental Health and Safety Managers • Green Building Construction and Design • Hazardous Materials Removal Worker
Agriculture and Food Occupations • Mechanical Engineer • Nursery operator • Organic certification • Organic chemist • Organic dairy production • Organic food processing • Organic product development • Organic researcher • Pest controller • Plant and animal breeding specialist • Plant and animal nutritionist • Plant Manager • Plant Pathology biologist • Precision Ag Technician • Research technologist • Sales • Seed producer • Soil chemist • Soil conservationist • Soil microbiologist • Weed scientist • Wetland specialist • Agrichemical specialist • Agricultural Engineer • Agricultural Mechanic or Technician • Biological Engineer • Commodity Buyer • Crop consultant • Crop Insurance • Entomologist • Environmental scientist • Extension officer • Farm manager • Feed Production • Fisheries scientist • Food broker • Food Processing • Food technology specialist • Forest science specialist • Grain Merchandiser • Greenhouse manager • Greenhouse technician • Integrated pest management • Irrigations technologist
Role of Education in Supporting the Next Economy • How can educators support and help meet the occupational needs of the Next Economy? • Success will be comprised of a partnership between employers, K-12 education, vocational education and community colleges, and public and private universities and colleges. • Focus. Pick a given cluster or occupational area and focus on improving outcomes in those areas, matching occupations to your key competencies. • Be nimble. Be able to cut across bureaucracy to address needs quickly.
Role of Education in Supporting the Next Economy • A key success factor is the ability of educators and educational institutions to provide students with experiential education. • To do this, educators need to actively and genuinely engage in the world around them, provide solid leadership, and work across silos to build partnerships for success.
