Thursday, July 16, 2009

[IWS] White House: PREPARING WORKERS OF TODAY FOR JOBS OF TOMORROW [13 July 2009]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

EXECUTIVE OFFICE OF THE PRESIDENT
COUNCIL OF ECONOMIC ADVISERS


PREPARING THE WORKERS OF TODAY FOR THE JOBS OF TOMORROW [13 July 2009]
JULY 2009
http://www.whitehouse.gov/administration/eop/cea/Jobs-of-the-Future/
or
http://www.whitehouse.gov/asset.aspx?AssetId=2205
[full-text, 30 pages]

[excerpt]
EXECUTIVE SUMMARY

In this report, the President's Council of Economic Advisers (CEA) presents a projection of potential developments in the U.S. labor market over the next five to ten years and discusses the preparations necessary to develop the 21st century workforce.  We discuss the skills that will likely be most relevant in growing occupations, the value and limitations of our current post-high school education and training systems, and the characteristics of a more effective education and training structure.

At an aggregate level, the data indicate that the economy of 2016 will resemble the economy of 2008, with several important shifts that have implications for employment.
   * Health care is forecasted to remain a large source of job growth in the labor market.  The long-term trend toward more employment in health care is expected to continue, with many health care occupations, including medical records and health information technicians, registered nurses, clinical laboratory technicians, and physical therapists, expected to grow.
   * The decades-long decline in the share of workers that are employed in manufacturing is expected to moderate.  Some industries within manufacturing ­ such as aerospace and pharmaceuticals ­ are projected to create many jobs.
   * The construction industry is projected to eventually recover and add jobs in the coming decade.   This rebuilding would generate a demand for skilled workers such as electricians and plumbers.

Well-trained and highly-skilled workers will be best positioned to secure high-wage jobs, thereby fueling American prosperity.  Occupations requiring higher educational attainment are projected to grow much faster than those with lower education requirements, with the fastest growth among occupations that require an associate's degree or a post-secondary vocational award.   Key attributes of a well-trained workforce as well as elements of an effective education and training system are detailed below.
   * Employers value workers who can think critically and solve problems.  Many highly-paid occupations require workers with good analytic and interactive skills.
   * Occupations that employ large shares of workers with post-secondary education and training are growing faster than others.  While expected growth in construction and some manufacturing industries would create job opportunities at all skill levels, workers will be better positioned for good jobs if they acquire additional training and education.  Occupations that have grown recently require more formal post-secondary schooling than occupations that have declined.
   * The U.S. post-high school education and training system provides valuable skills to those who complete programs in high-growth fields.  However, it could be more effective at encouraging completion and responding to the needs of the labor market.
   * Elements of a more effective system include:  a solid early childhood, elementary, and secondary system that ensures students have strong basic skills; institutions and programs that have goals that are aligned and curricula that are cumulative; close collaboration between training providers and employers to ensure that curricula are aligned with workforce needs; flexible scheduling, appropriate curricula, and financial aid designed to meet the needs of students; incentives for institutions and programs to continually improve and innovate; and accountability for results.

Worker flexibility is key given the dynamic nature of the U.S. labor market and ongoing technological change.  In 2003, for example, a quarter of American workers were in jobs that were not even listed among the Census Bureau's Occupation codes in 1967, and technological change has only accelerated since then.  Environmental-related occupations ­ which are expected to experience tremendous growth over the next decade ­ did not exist in comparable data prior to 2000.  As we build a new foundation for economic growth in the 21st century, the nation's workers will be better prepared for ever-changing opportunities if they have strong analytical and interpersonal skills.  High-quality education and training is the best way to prepare the workers of today for the jobs of tomorrow.

[Thanks to Sabrina Pacifici at bespacific.com for the tip]


______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
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