Tomorrow`s Jobs: The Best Career

Tomorrow’s Jobs:
The Best Career Opportunities in
West Virginia Through 2020
Prepared for
West Virginia Communications Division
Compiled by
West Virginia Development Office – Research Unit
September, 2012
Table of Contents
Summary Statements ......................................................................................1
Part 1: West Virginia’s Projected Workforce, 2010 to 2020.……..……..…..............2
Part 2: Fastest Growing Occupations in West Virginia ........................................3
Part 3: What West Virginia Workers Earn, by the Minimum………………………………
Training and Education Their Jobs Require …………………………………….…...7
Part 4: Fastest Declining Occupations in West Virginia through 2020 .……........8
Part 5: West Virginia Workers Skills Based Projections……………………………………..
and Gaps, 2008 – 2018 (not updated as of 9/14/12) ………………..…….12
Part 6: Fastest Growing Occupations Nationally by Education Required…......13
Part 7: Good Jobs Currently Available In West Virginia ...................................14
Summary Statements
78.7% of all job openings in West Virginia through 2020 will be
to fill existing positions.[1]
The other 21.3% will be new jobs – ones that did not exist
before ‐ and nearly 60% of these will require at least a two‐year
degree. [1] [5]
Only 20% of the projected top 100 fastest growing occupations
will require a high school education. At least, 27% of the top
100 fastest growing occupations will require post high school
education such as vocational school, specialized training, an
Associate’s Degree or some college but not a degree. An
estimated 36% of those jobs will require a Bachelor’s Degree.
About 11% will require a Master’s Degree while approximately
6% will require a Doctorate.
Part 1: West Virginia’s Projected Workforce,
2010 to 2020
West Virginia’s total employed workforce in all industries is
projected to grow from roughly 772,000 in 2010 to 809,000 in
2020 which equals more approximately 37,000 jobs or almost
4.8%. [4]
Predicted annual job openings will be highest among the following
five occupation sectors from 2010 to 2020; Office and
Administrative Support Occupations, Sales and Related Occupations,
Food Preparation and Serving‐Related Occupations, Transportation
and Material Moving Occupations, Construction and Extraction
Occupations.
Without a doubt, Health Care, overall and encompassing the
following jobs sectors is expected to have the largest increase in
West Virginia total employment from 2010 to 2020: Health Care
Healthcare Practitioners and Technical Occupations– from 32,000 to
more than 38,000 and Healthcare Support Occupations – from
35,700 to 31,500.
Subsequently, after the inclusive Health Care sector, employment in
Computers and Mathematical occupations will grow by an aggregate
13% from 2010 to 2020.
Part 2: Fastest Growing Occupations in West Virginia
The next three pages indicate the 100 fastest‐growing occupations
in West Virginia through 2020. [1] Included is wage data for each
job using the entry level, average and experience wages paid 2012
statewide along with minimum education requirements. [3] [5]
Approximately, 5,227 jobs should available in these 100
occupations annually.
51.8% (estimated 2,708) of these will be new jobs, where one did
not exist before.
48.2% (estimated 2,519) of these will be replacement jobs, or
replacing someone who left.
The training requirements percentages follow:
‐ High School or equivalent (20%)
‐ Vocational or Specialized Training and Some College/no degree (11%)
‐ Associate’s degree (16%)
‐ Bachelor’s degree (36%)
‐ Master’s degree (11%)
‐ Doctorate or Professional degree (6%)
Part 3: What West Virginia Workers Earn, by the Minimum
Training and Education Their Jobs Require
The training requirements percentages for the West Virginia’s 100
fastest growing occupations from 2010 to 2020 are:
The training requirements percentages follow:
‐ High School or equivalent (20%)
‐ Vocational or Specialized Business Training (9%)
‐ Some College w/no degree (2%)
‐ Associate’s degree (15%)
‐ Bachelor’s degree (37%)
‐ Master’s degree (11%)
‐ Doctorate or Professional degree (6%)
Jobs that require higher levels of education and training usually pay
better. [3]
An Associate Degree may offer the best return‐on‐investment.
Occupations that typically require a minimum of a two‐year degree
pay 85% of those that require a Bachelor’s degree pays.
A few surprises are in jobs that require a Masters or Doctoral
degree. Their comparatively low pay may be due to their heavy
concentration in the education field and public administration.
For most occupations in West Virginia, the more education or
training an entry‐level person needs to get a specific job, the higher
the average wage.
Part 4: Fastest Declining Occupations in West Virginia Through
2020
Annually, through 2020, approximately 1,414 jobs are expected
to be available in the occupations in the chart on the following
pages. [1]
The number of people employed in these occupations is
expected to decrease by about 7,386 by 2020.
100% (1,414) of these will be replacement jobs.
76% of these jobs require a high school education or less.
About 10% of these jobs require a Bachelor’s Degree or more. [5]
And roughly 14% of these declining occupations require an
Associate’s Degree, Vocational or Specialized Business Training
or some college but not a degree.
Part 5: West Virginia Workers Skills Based Projections and
Gap – 2008 – 2018
Using ONET, the online electronic replacement for the Dictionary
of Occupational Titles that is published by the Federal
government, WorkForce West Virginia has compiled a listing of
occupational skills gap faced by the State in supplying suitable
workers for the 2018 projected jobs needs.[6]
Note: Data for 2010 – 2020 will be completed later in the year of 2012
Part 6: Fastest Growing Occupations Nationally with Required
Education
The following list, from the US Bureau of Labor Statistics, projects the
Nation’s in‐demand occupations through 2020 for the Nation.[7]
Part 7: Good Jobs Currently Available In West Virginia
After investigating five leading West Virginia companies and the
jobs they currently have available in‐state (early mid‐September,
2012):[8]
•
Alliant Techsystems, ATK Rocket Center (Mineral County)
•
Mylan Pharmaceuticals, Morgantown (Monongalia County)
•
E I DuPont De Nemours & Company (Wood and Kanawha County)
•
EQT Corporation (Harrison and Kanawha County)
•
West Virginia University Hospital System (Monongalia County)
127 available job titles equaling 210 permanent full time job openings and
226 part time or temporary job openings listed for these companies’ West
Virginia locations.
Minimum Education required per job title: [5]
• 22 (17.3%) job titles – a High School diploma or the equivalent
• 25 (19.7 %) job titles – Vocational or Specialized Training or
Some college, no degree
• 13 (10.3%) job titles – an Associate Degree
• 58 (45.7) job titles – a Bachelor's Degree
• 7 (5.5%) job titles – a Master’s Degree
• 2 (1.6%) job titles – a Doctorate is the preferred minimum.
The annual median pay for job titles requiring a high school education is
estimated to be between an average $22,200.
The annual median pay for job titles requiring vocational or specialized
education or some college but no degree is estimated to be an average
of $29,365.
The annual median pay for job titles requiring a Bachelor’s degree is
estimated to be between an average $53,677.
The annual median pay for job titles requiring a Master’s degree is
estimated to be between an average $61,785.
The annual median pay for job titles requiring a Doctorate degree is
estimated to be between an average $163,700.
Bibliography
Tomorrow’s Jobs: The Best Career Opportunities in West Virginia Through 2020
1.West Virginia Occupational Projections
Workforce West Virginia, “Long Term Occupational Projections 2010 to 2020”
http://workforcewv.org/lmi/occproj/longterm/StateWide.htmb
Data retrieved on September, 2012
2. West Virginia’s In‐Demand Occupations
Workforce West Virginia, “West Virginia Demand Occupations, 2010 – 2020”
http://www.workforcewv.org/lmi/occproj/longterm/WVDemand.htm
Data retrieved on September, 2012
3. West Virginia Occupational Wages, 2008
WorkForce West Virginia, “Comparative Occupational Wages 2012 (1st. Quarter)”
http://workforcewv.org/lmi/EW2012/q1/ew12x000.htm
Data retrieved on September, 2012
4. West Virginia Long Term Industry Projections 2010 to 2020
WorkForce West Virginia, “Labor Force Information – Industry Projections)”
http://workforcewv.org/lmi/indproj/longterm/WV.htm
Data retrieved on September, 2012
5. Minimum Education and Training Requirements by Occupation
National Center for O*NET Development., “O*NET Data Collection Program”
http://www.onetonline.org/
Data retrieved September, 2012
6. West Virginia Workers Skills Based Projections and Gap: 2008 - 2018
Workforce West Virginia, “West Virginia Demand Occupations, 2008 – 2018”
http://www.workforcewv.org/lmi/SBP/SkillsWV.htm
Data retrieved September, 2011 (no update available as of 9/2012)
7. Fastest Growing Occupations in the United States, with the most significant source of
postsecondary education or training required.
US Bureau of Labor Statistics, Fastest growing occupations
http://stats.bls.gov/emp/ep_table_103.htm
Data retrieved on September, 2012
8. Career Opportunities at Select West Virginia Companies
‐
Alliant Techsystems, ATK Rocket Center (Mineral County):
http://www.atk.com/Careers/careers_find_a_job.asp
‐
West Virginia University Hospitals (Monongalia County):
http://wvuh.isg2.com/default.asp?ClientID=1356&B_ID=20
‐
Mylan Pharmaceuticals, Morgantown (Monongalia County):
http://www.mylan.com/
‐
E I DuPont De Nemours & Company (Wood and Kanawha County):
http://www2.dupont.com/corporate/en‐us/careers/career‐opportunities/careers‐in
us.html
‐ EQT Corporation (Harrison and Kanawha County): http://www.eqt.com/
Data retrieved on September, 2012