Industry Information -Find Yours!
From the Bureau of Labor
Statistics,
Occupational Outlook Handbook.
For the complete
listing, go to http://www.bls.gov/oco/cg/home.htm
Finance and
Insurance
· Banking employment is projected to decline as
mergers and automation make banks more efficient.
· Insurance:
Medical service and health insurance is the fastest growing sector of the
insurance industry.
· Insurance: While corporate downsizing,
computerization, and changes in business practices will limit job growth,
numerous job openings are expected in this large industry
to replace those who leave and to accommodate the insurance industry's expansion into the broader financial
services field.
Securities and
Commodities
· Half of all jobs in the industry are held by
securities sales agents and management and financial operations workers,
who generally have a college degree; the rest are mainly office and
administrative support.
· Strong employment growth is projected
to result from increasing investment in securities and commodities, along
with the growing need for investment advice.
· The high earnings of successful securities sales agents will cause keen competition for these positions-particularly in
larger firms.
SERVICES
Advertising
· Employment is
concentrated in large cities, especially New York.
· Competition
for many jobs will be keen because the glamour of the industry
traditionally attracts many more jobseekers than there are job openings.
· Layoffs are common when accounts are lost, major clients cut advertising budgets, or
agencies merge.
Computer and Data Processing
Services
· Computer and data processing services is
projected to be the fastest growing industry in the economy, with
employment expected to increase 86 percent between 2000 and 2010.
· Job opportunities will be excellent for most workers;
professional and related workers enjoy the best prospects, reflecting
continuing demand for higher level skills needed to keep up with changes
in technology.
· Computer specialists account for almost half of all employees in
this industry.
Educational
Services
· With about 1 in 4 Americans enrolled in
educational institutions, educational services is the largest industry,
accounting for nearly 12 million jobs.
· Most teaching
positions-which constitute almost half of all educational services
jobs-require at least a bachelor's degree, and some require a master's or
doctoral degree.
· Retirements in a number of education professions will create many
job openings.
Health
Services
· Health services is one of the largest
industries in the country, with more than 11 million jobs, including the
self-employed.
· About 13 percent of all wage and salary jobs
created between 2000 and 2010 will be in health services.
· Nine out of 20 occupations projected to grow the fastest are concentrated in
health services.
Management and Public Relations
Services
· This industry is projected to be one of the
fastest growing through the year 2010.
· Nearly one-fifth of all
workers are self-employed.
· About 70 percent of workers have a
bachelor's degree or higher; half of all jobs are in managerial, business,
financial, and professional occupations.
· This industry is one of the
highest paying.
Motion Picture Production and
Distribution
· Employment is projected to grow rapidly,
with keen competition expected for the more glamorous jobs-writers,
actors, producers, and directors.
· Although many films are shot
on location throughout the United States and abroad, employment is
centered in several major cities, particularly New York and Los Angeles.
· Many workers have formal training,
but experience, professionalism, talent, and creativity are the most important factors for getting many jobs in
this industry.
Personnel Supply
Services
· Personnel supply services ranks among the
fastest growing industries and is expected to provide the most new jobs.
· Most temporary jobs in this industry only require graduation
from high school, while some permanent jobs may require a bachelor's or
higher degree.
· Temporary
jobs provide an entry into the workforce, supplemental income, and a bridge to full-time employment for
many workers.
Transportation, Communication
and Public Utilities
Airlines
· Senior pilots for major airlines are among the
highest paid workers in the Nation.
Public Utilities
· Persons with college training in advanced
technology will have the best opportunities.
· Employment growth
and opportunities vary among segments of the industry.
· Production
workers' earnings are significantly higher than in most other industries.
Radio and Television
Broadcasting
· Keen competition is expected for many
jobs, particularly in large metropolitan areas, due to the large number of
jobseekers attracted by the glamour of this industry.
· Job
prospects will be best for applicants with a college degree in
broadcasting or related field, as well as relevant experience.
· Many entry-level positions are in smaller markets.
· Because many stations are small, workers often must change employers, and sometimes relocate,
to advance.
Telecommunications
· Telecommunications
are rapidly expanding beyond traditional voice telephone service.
· The demand for greater telecommunications capacity-or
bandwidth-will create jobs that require technical skills.
· Average earnings in telecommunications greatly exceed average earnings throughout
private industry.
Wholesale and Retail Trade
Grocery
Stores
· College graduates will fill most new
management positions.
Government
Federal Government, excluding
the Postal Service
· More than half of Federal workers
held managerial or professional jobs, double the rate for the workforce as
a whole.
· About 4 out of 5 Federal employees work outside the
Washington, DC, metropolitan area.
· Federal employment is
projected to decline slightly due to budgetary constraints, the growing
use of private contractors, and the transfer of some functions to State
and local governments.
State /Local Government, Excluding Education
and Hospitals
· An excellent economy has led to budget surpluses
in many State and local governments, allowing for increased spending on
programs and employment.
· State government has
a larger percentage of management and professional occupations, while local government employs a higher share of
service workers.
Manufacturing
Aerospace
Manufacturing
· Skilled production, professional
specialty, and technician jobs comprise the bulk of employment.
· Earnings are substantially higher, on average, than in most other
manufacturing industries.
Apparel and Other Textile
Products
· Apparel manufacturing is projected to lose
103,000 jobs-more than almost any other industry.
· Average earnings are below those of other
manufacturing industries.
Chemical Manufacturing Except
Drugs
· Employment is projected to decline.
· Production and installation, maintenance, and repair workers
hold almost 50 percent of all jobs.
· Persons with technical and
advanced degrees will have the best opportunities, particularly in
research and development.
· Production workers earn more than in
most industries.
Drug
Manufacturing
· Half of all workers have a bachelor's,
master's, professional, or Ph.D. degree-roughly double the proportion for
all industries combined.
· More than 40 percent of all jobs are
in large establishments employing more than 1,000 workers.
· Drug
manufacturing ranks among the faster growing manufacturing industries.
· Earnings are much higher than in other
mfg. industries.
Electronic Equipment
Manufacturing
· Rapid technological change and intense
competition result in some research and development personnel working
extensive overtime to meet deadlines.
· Rapid employment growth
is expected in electronic components and accessories, while employment in
several other segments remains stable or declines.
· Professional
and related personnel account for about 3 out of 10 workers, reflecting
the importance of research and development.
· Employment growth
among professional and related occupations is expected to outpace overall
industry job growth, while employment of production workers is expected to grow more slowly than the
industry workforce.
Motor Vehicle and Equipment
Manufacturing
· Nearly one-third of all the industry's
jobs are in Michigan.
· Larger manufacturers are turning toward
independent parts and component makers.
· Average earnings are
very high compared with other industries.
· Employment is highly sensitive to cyclical swings in the economy, but generally is expected
to grow.
Printing and
Publishing
· Twenty-four percent of the jobs in the
industry were in managerial and professional occupations, a higher
proportion than in any other manufacturing industry.
· Most firms
are small, employing fewer than 10 people.
· Computerization is changing or eliminating occupations, resulting in a slight decline in
projected employment.
Farming, Mining and
Construction
Construction
· Job opportunities are
expected to be excellent.
· Construction workers have relatively
high hourly earnings.
· Construction is one of the economy's
largest industries.
· 8 out of 10 establishments employ fewer
than 10 people.
· Construction has a very large number
of self-employed.