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Industry Updates: Academy of Health Sciences
- 1. Employment Projections Overview 2012-22 Erin Lane Economist Employment Projections Program NAF Industry Panel 7/10/2014
- 2. Employment Projections Background 10-year projections made every 2 years 2012-22 projections cover over 800 occupations and 300 industries BLS projections prepared at the national level only 2
- 3. Employment Projections Products Occupational Outlook Handbook Occupational Outlook Quarterly Long-term employment projections by industry and occupation Technical materials— replacement rates, education and training categories, and more 3
- 4. Employment Projections Process Labor Force Total and by age, sex, race and ethnicity Aggregate Economy GDP, total employment, and major demand categories Occupational Employment Job openings due to growth & replacement needs Industry Final Demand Sales to consumers, businesses, government, and foreigners Industry Employment Labor productivity, average weekly hours, wage & salary employment Industry Output Use and Make Relationships, Total Requirements Tables Population Labor force participation rate trends Demographics Fiscal policy Foreign economies Energy prices Monetary policy Staffing patterns Staffing pattern ratio analyses Staff expertise Replacement rates Economic censuses Annual economic surveys Other data sources Industry output Sector wage rates Technological change Input-Output Tables 4
- 5. Employment Change by Industry Sector: Projected 2012-22 4,994.1 3,482.8 1,622.1 1,289.2 1,090.9 929.0 751.0 675.3 648.9 470.4 327.3 121.2 -56.4 -65.2 -407.5 -549.5 Health care and social assistance Professional and business services Construction Leisure and hospitality Retail trade State and local government Financial activities Educational services Other services Wholesale trade Transportation and warehousing Mining Utilities Information Federal government Manufacturing 5 Thousands of wage and salary jobs Service providing Goods producing
- 6. Rate of Change in Employment by Industry Sector: Projected 2012-22 2.6% 2.6% 1.9% 1.8% 1.4% 1.0% 0.9% 0.9% 0.8% 0.7% 0.7% 0.5% -0.2% -0.5% -1.1% -1.6% Health care and social assistance Construction Educational services Professional and business services Mining Other services Financial activities Leisure and hospitality Wholesale trade Transportation and warehousing Retail trade State and local government Information Manufacturing Utilities Federal government 6 Annual rate of change for wage and salary employment Service providing Goods producing Total nonagricultural wage and salary annual growth= 1.0%
- 8. Percent Change vs. Numeric Change 8 33.6% 9.8% Audiologists Retail salespersons Percent employment growth in two occupations, projected 2012-22 4.3 434.7 Audiologists Retail salespersons Numeric employment growth in two occupations, projected 2012-22, in thousands
- 9. Percent Change in Employment by Major Occupational Group 28.1% 21.5% 21.4% 20.9% 18.0% 17.2% 12.5% 12.5% 11.1% 10.7% 10.1% Healthcare support Healthcare practitioners and technical Construction and extraction Personal care and service Computer and mathematical Community and social service Business and financial operations Building and grounds cleaning and maintenance Education, training, and library Legal Life, physical, and social science 9 Projected 2012-22 Average, all occupations = 10.8%
- 10. Employment Change by Major Occupational Group 1,732.9 1,534.0 1,301.9 1,155.8 1,122.9 1,101.8 1,095.5 1,015.8 898.1 790.6 691.0 Healthcare practitioners and technical Office and administrative support Construction and extraction Healthcare support Personal care and service Food preparation and serving related Sales and related Education, training, and library Business and financial operations Transportation and material moving Building and grounds cleaning and maintenance 10 Thousands of jobs, projected 2012-22
- 11. Fastest Growing Occupations 11 Percent change, projected 2012-22 Median annual wages, May 2012 $83,580 $19,910 $20,820 $39,170 $45,430 $65,860 $28,220 $53,240 $56,800 $52,160 53.4% 48.8% 48.5% 46.7% 46.1% 46.0% 43.0% 42.6% 41.2% 41.0% Industrial-organizational psychologists Personal care aides Home health aides Insulation workers, mechanical Interpreters and translators Diagnostic medical sonographers Helpers--brickmasons, blockmasons, stonemasons, and tile and marble setters Occupational therapy assistants Genetic counselors Physical therapist assistants
- 12. Fastest Growing Healthcare Occupations 12 Percent change, projected 2012-22 Median annual wages, May 2012 $20,820 $65,860 $53,240 $56,800 $52,160 $23,880 $90,930 $26,850 $79,860 $62,670 48.5% 46.0% 42.6% 41.2% 41.0% 40.1% 38.4% 36.2% 36.0% 35.5% Home health aides Diagnostic medical sonographers Occupational therapy assistants Genetic counselors Physical therapist assistants Physical therapist aides Physician assistants Occupational therapy aides Physical therapists Orthotists and prosthetists
- 13. Median annual wages, May 2012 $19,910 $65,470 $21,110 $20,820 $18,260 $24,420 $32,410 $30,580 $22,320 $29,990 Thousands of jobs, projected 2012-22 Occupations with the Largest Job Growth 580.8 526.8 434.7 424.2 421.9 312.2 307.8 298.7 280.0 259.8 Personal care aides Registered nurses Retail salespersons Home health aides Combined food preparation and serving workers, including fast food Nursing assistants Secretaries and administrative assistants, except legal, medical, and executive Customer service representatives Janitors and cleaners, except maids and housekeeping cleaners Construction laborers 13
- 14. Education and Training Classification 14 Consists of three categories of information for each occupation: Typical education needed for entry Work experience in a related occupation Typical on-the-job training needed to attain competency in the occupation
- 15. Education and Training Classification 15 Assignments to each category based on analysis by BLS analysts Quantitative research American Community Survey (ACS) data O*NET data National Center for Education Statistics (NCES) data Qualitative research Interviews with occupational experts
- 16. Median annual wages, May 2012 $96,420 $63,400 $67,140 $57,590 $34,760 $28,730 $35,170 $20,110 Employment by Typical Entry-level Education Category: 2012 16 4,002.4 2,432.2 26,033.0 5,954.9 8,554.2 1,987.2 58,264.4 38,127.6 Doctoral or professional degree Master's degree Bachelor's degree Associate's degree Postsecondary non-degree award Some college, no degree High school diploma or equivalent Less than high school Thousands of jobs
- 17. Percent Change in Employment by Typical Entry-level Education Category 16.0% 18.4% 12.1% 17.6% 15.6% 11.3% 7.9% 10.9% Doctoral or professional degree Master's degree Bachelor's degree Associate's degree Postsecondary non-degree award Some college, no degree High school diploma or equivalent Less than high school 17 Percent change, projected 2012-22 Average, all occupations = 10.8%
- 18. Employment Change by Typical Entry-level Education Category 638.4 448.5 3,143.6 1,046.0 1,337.1 225.0 4,630.8 4,158.4 Doctoral or professional degree Master's degree Bachelor's degree Associate's degree Postsecondary non-degree award Some college, no degree High school diploma or equivalent Less than high school 18 Thousands of jobs, projected 2012-22
- 19. Education and Training: Top 10 fastest-growing healthcare occupations 19 Occupation Title Percent Change 2012- 22 Median annual wage, 2012 Typical education needed for entry Typical on-the-job training needed Home health aides 48.5 $20,820 Less than high school Short-term on-the-job training Diagnostic medical sonographers 46.0 $65,860 Associate's degree None Occupational therapy assistants 42.6 $53,240 Associate's degree None Genetic counselors 41.2 $56,800 Master's degree None Physical therapist assistants 41.0 $52,160 Associate's degree None Physical therapist aides 40.1 $23,880 High school diploma or equivalent Short-term on-the-job training Physician assistants 38.4 $90,930 Master's degree None Occupational therapy aides 36.2 $26,850 High school diploma or equivalent Short-term on-the-job training Physical therapists 36.0 $79,860 Doctoral or professional degree None Orthotists and prosthetists 35.5 $62,670 Master's degree Internship/residency
- 20. Education and Training: Top 10 Healthcare Occupations with the largest job growth 20 Occupation Title Job openings due to growth and replacement needs, 2012-22, in thousands Median annual wage, 2012 Typical education needed for entry Typical on-the-job training needed Registered nurses 1,052.6 $65,470 Associate's degree None Nursing assistants 593.6 $24,420 Postsecondary non- degree award None Home health aides 590.7 $20,820 Less than high school Short-term on-the-job training Licensed practical and licensed vocational nurses 363.1 $41,540 Postsecondary non- degree award None Medical assistants 269.9 $29,370 Postsecondary non- degree award None Physicians and surgeons, all other 152.6 >=$187,200 Doctoral or professional degree Internship/residency Dental assistants 137.2 $34,500 Postsecondary non- degree award None Physical therapists 123.7 $79,860 Doctoral or professional degree None Emergency medical technicians and paramedics 120.6 $31,020 Postsecondary non- degree award None Dental hygienists 113.5 $70,210 Associate's degree None
- 21. Typical entry-level education, Healthcare 21 Associate's Degree 19% Bachelor's Degree 12% Doctoral or Professional Degree 25% High School Diploma or Equivalent 17% Less than high school 1% Master's Degree 11% Postsecondary non- degree award 15% Typical Entry-level Education, Healthcare Occupations
- 22. Typical on-the-job training, Healthcare 22 63% 12% 5% 1% 19% Typical On-The-Job Training, Healthcare Occupations None Short-term on-the-job training Moderate-term on-the-job training Long-term on-the-job training Internship/residency
- 24. Employment Outlook: 2012-22 Resources for Additional Information 24
- 28. Useful Employment Projections Sites 28 Technical documentation of Employment Projections program methods and data http://www.bls.gov/emp/ep_tech_documentation.htm Other Employment Projections program publications, including past Monthly Labor Review articles http://www.bls.gov/emp/publications.htm Frequently asked questions http://www.bls.gov/emp/ep_faq_001.htm
- 29. Contact Information Erin Lane Economist Employment Projections Program www.bls.gov/emp 202-691-5703 lane.erin@bls.gov