Transcript The Rules Have Changed – Play to Win!” New Thinking on

The University of Pittsburgh
Institute of Politics
presents
February, 2006
New Thinking on
Career Success
“The road to success…
. . . is always under construction!
Today’s Jobs
Registered
Nurses
Electricians
Doctors
Lawyers
Retail Sales Clerk
Show Me the Money!
How much does our region’s workforce earn?
$75,000 and up
$15,000 and under
$50,000-$75,000
$25,000-$35,000
$15,000-$25,000
9%
38%
$35,000-$50,000
19%
20%
7%
7%
Fact: 80% of high school students expect to earn $50,000 or more
Source: U.S. Department of Labor Bureau of Labor Statistics: Pittsburgh MSA
9%
What’s Available…
for $15,000 and under
Pharmacy Aide
Fast Food Cook
• $13,000 / year
• $13,600 / year
• 570 employed
• 3,240 employed
• H.S. plus on-the-job
training
• H.S. plus on-the-job
training
Cashier
Waiter/Waitress
• $13,920 / year
• $13,420 / year
• 31,160 employed
• 22,280 employed
• H.S. plus on-the-job
training
• H.S. plus
on-the-job training
Source: U.S. Department of Labor Bureau of Labor Statistics: Pittsburgh MSA
http://www.paworkstats.state.pa.us
What’s Available…
for $15,000 - $25,000
38%
Secretary
Security Guard
• $23,040 / year
• $17,310 / year
• 23,240 employed
• 8,820 employed
• H.S. plus on-the-job
training
• H.S. plus on-the-job
training
EMT / Paramedic
Hairdresser
• $22,970 / year
• $17,540 / year
• 3,560 employed
• 6,780 employed
• H.S. and
certification
• Post-Secondary Training,
License
Source: U.S. Department of Labor Bureau of Labor Statistics: Pittsburgh MSA
http://www.paworkstats.state.pa.us
What’s Available…
for $25,000 - $35,000
19%
Highway Maintenance
Worker
Bookkeeper/ Auditing
Clerk
• $29,680 / year
• $25,230/ year
• 1,780 employed
• 13,950 employed
• H.S. plus on-the-job training
• Associate’s Degree
Machinist
Private Investigators
• $31,550 / year
• $27,430 / year
• 3,950 employed
• 270 employed
• H.S. and
certification
• H.S. plus law
enforcement experience
Source: U.S. Department of Labor Bureau of Labor Statistics: Pittsburgh MSA
http://www.paworkstats.state.pa.us
What’s Available…
for $35,000 - $50,000
20%
Real Estate Sales Agent
• $43,480 / year
• 1,590 employed
• Post-Secondary Training
and License
Electrician
• $43,220 / year
• 5,900 employed
• H.S. + 2 year
certificate
Social & Community
Service Manager
• $44,380 / year
• 970 employed
• Bachelor’s Degree
Kindergarten
Teacher
• $37,750 / year
• 600 employed
• Bachelor’s Degree and
License (public schools)
Source: U.S. Department of Labor Bureau of Labor Statistics: Pittsburgh MSA
http://www.paworkstats.state.pa.us
7%
What’s Available…
for $50,000 - $75,000
Financial Analyst
Computer Systems
Analyst
• $53,940 / year
• $59,330 / year
• 1,230 employed
• 3,620 employed
• Bachelor’s Degree
• Bachelor’s Degree
Chemical Engineer
• $69,580 / year
• 200 employed
• Bachelor’s Degree
Registered Nurse
•$49,780 / year
• 26,260 employed
•Associate Degree and
License
Source: U.S. Department of Labor Bureau of Labor Statistics: Pittsburgh MSA
http://www.paworkstats.state.pa.us
7%
What’s Available…
for $75,000 and up
Physicians & Surgeons
Lawyer
• $127,560 / year
• $100,610 / year
• 1,320 employed
• 6,200 employed
• Professional Degree
• Professional Degree &
License
Fish and Game
Warden
•$124,040 / year
• 80 employed
• H.S. plus long term
on-the-job training
Chief Executive Officer
•$132,190 / year
• 5,800 employed
•Bachelor’s
Degree/Professional
Degree
Source: U.S. Department of Labor Bureau of Labor Statistics: Pittsburgh MSA
http://www.paworkstats.state.pa.us
2014 Projected Education
Requirements for Jobs
Bachelor's
Degree and
Higher
28%
2 Year
College
Short-term
on-the-job
training
26%
Source: U.S. Department of Labor
46%
What are our students expecting to
do after high school graduation?
1%
7%
23%
3%
2 YR COLLEGE
8%
4 YR COLLEGE
EMPLOYMENT
MILITARY
UNEMPLOYED
UNKNOWN
58%
Source: PA Department of Education
*Data from the PA Dept of Education 2003-2004 Public Schools High School Graduates by County, School, Racial/Ethnic
Category, Gender and Post-High School Activity Report
Playing the Odds:
Straight to Work
+ Immediate Earnings
+ On-the-Job Training
EMPLOYMENT
+ Gain Valuable Work Experience
– Low Skills = Low Wages
– High Risk for Unemployment
– Lower Lifetime Earnings
8%
Playing the Odds:
2 Year College
+ Fastest Growing Segment of Job
Opportunities
+ Earning Potential Can Meet and
Exceed Earnings of a 4 Year Degree
+ Can Acquire Skills Quickly for
Current In Demand Jobs
– Less Flexibility to Change
Fields
–$5,000 Average Debt
– More Education Needed for
Career Advancement
2 YR COLLEGE
23%
Playing the Odds:
4 Year College
+ Broader Career Choices
+ Graduates Have Higher Lifelong
Earnings
4 YR COLLEGE
+ Greater Opportunity for
Advancement
– Half of Students Who Start College
Drop Out
– Half of College Graduates are
Underemployed
– Average of $19,000 debt
58%
Not Just…
&
White Collar
Blue Collar
Anymore!
Smart
Jobs
In-Demand
Require Intelligence
Offer High Wages
Reward Innovation
Provide Growth Opportunities
Recognize Skilled Employees
Characteristics of Smart Jobs
Blue Collar
• Repetitious
work
• Manual labor
• Follow
directions
• Task
Focus
Smart Jobs
White Collar
• Dynamic
workplace
• Problem
solving skills
• Divisional
decisions
• Outcome
Strategy
• Corporate
bureaucracy
• Corporate
decisionmaking
• Managerial
Focus
What Do Smart Employers Want?
Employees who…
• Rely on intelligence, imagination and well developed skills
• Identify and solve complex
problems that are not well defined
• Derive original solutions to problems
that are unique
• Use creativity to reach practical outcomes
• Cross-functional knowledge
of the workplace
• Are crucial to the profitability and
success of the organization
Sample of Smart Jobs in
SW Pennsylvania
Job
Median Salary
Number Employed
Minimum
Educational
Requirement
Machinist
$31,550
3,950
Associate
Degree/Work
Experience
Real Estate Agent
$43,480
1,590
H.S and
Training/Certification
Electrician
$43,220
5,900
HS and
Training/Certification
Registered Nurse
$50,660
26,260
Associate Degree,
License
Systems Analyst
$59,330
3,620
Bachelor’s Degree
Radiology Tech
$37,260
1,940
Associate Degree
Source: PA Center for Workforce Information & Analysis
Playing to Win- The Smart Way!
• Chad Toulouse 18 years old
 Community college
 Working at a
gas station $12,000 / yr
 Struggling to find a career goal
 Leaves school and enters 18
week machinist training
Source: The Wall Street Journal, Online, Tuesday, July 1, 2003
Playing to Win- The Smart Way!
• Chad Toulouse 27 years old
 Employed by Flowserve
 Team Leader: Directs 70 Staff
 Earns $40,000 / yr
 Manages Work Process and
Customer Satisfaction
 High-level Troubleshooter
 Production Logistics Planner
 Prioritizes Complex Tasks
Source: The Wall Street Journal, Online, Tuesday, July 1, 2003
1.
High Impact Work:
Demand
Supply
2.
By 2014 only 26% of jobs will require a bachelor’s
degree
3.
The fastest growing job market segment requires
an associate degree
4.
Well paying to high paying jobs are not restricted
to 4 year college graduates
5.
Only 15% of workers make more than $50,000
Next Steps: Acting Now!
1. Participate in career exploration activities to
identify possible career paths and interests
2. Examine the different education options more
in depth to understand courses need and
costs
3. Read newspaper and magazine articles about
jobs in the area and trends in the job markets
4. Talk to a mentor about money, both coming in
and going out
5. Participate in school and community programs
that focus on career development and jobreadiness
“Success is never a
destination…it is a journey”
~Satenig St. Marie
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