CHICAGO, March 26, 2015 /PRNewswire/ -- Major demographic
shifts in the U.S. since 2001 have led to a workforce that looks
quite different today, according to a new report from
CareerBuilder. Men are in a broader array of career fields, the
number of occupations heavily represented by workers 55 and older
has more than doubled, and white workers lost share of employment
in each of the 50 highest paying jobs.
The report, "The Changing Face of U.S. Jobs," explores how an
increasingly diverse population is affecting the composition of
nearly 800 occupations by gender, age and race/ethnicity. The
analysis is based on data from Economic Modeling Specialists Intl.
(EMSI), CareerBuilder's labor market analysis arm that pulls from
more than 90 government and private sector resources.
View the full report at the link below, or continue on for the
key findings and takeaways from each of the report's three
sections.
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Jobs"
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Key Findings
Occupation Composition by Gender
- Women make up greater share of
workforce. In 2014, 49 percent of jobs were held by women,
compared to 48 percent in 2001. That amounts to 4.9 million more
female workers since 2001 compared to just 2.2 million additional
male workers. (Pg. 4)
- Men are performing a wider variety of
work. Despite gains in overall workforce participation by
women, men are gaining a share of employment in 72 percent of all
occupations. Examples include gains in female-majority occupations
like pharmacists, credit analysts and physical therapists. Women
gained a greater share of employment in just 21 percent of
occupations, including male-majority occupations like labor
relations specialists, landscape architects and agricultural
managers. (Pg. 5)
- Occupational segregation contributes to
pay gap. Jobs with a high concentration of male workers pay
significantly more per hour, on average, than jobs with a high
concentration of female workers–$25.49 median hourly earnings for
men vs. $20.85 median hourly earnings
for women. (Pg. 6)
- Women are losing share of employment in
high-paying jobs. Since 2001, women lost ground in 48 out of
the 50 highest paying jobs, including: surgeons, chief executives
and software developers. They gained share among lawyers and
political scientists. (Pg. 7)
- Job losses have come primarily in
male-majority jobs. Among the occupations that lost 10,000 jobs
or more since 2001, 76 percent were male-majority occupations. As
jobs went away in these fields, male workers had to find work in a
broader array of occupations. (Pg. 8)
- Occupations with largest gains are mostly
female-majority. Among the occupations that gained 75,000 jobs
or more, 69 percent were female-majority. The largest gains in the
workforce for women occurred in a smaller number of sizable
occupations. (Pg. 8)
- Women dominate college graduation numbers,
but not in top-paying fields. While 5.6 million more women than
men attained college degrees from 2004-2013, men continue to lead
in programs that typically lead to higher-paying jobs, such as:
computer science (83 percent of 2013 grads), engineering (79
percent), law (54 percent), and postgraduate business (54 percent.)
(Pg. 9-10)
"We need to move beyond the simplistic, antiquated notions of
pink-collar, blue-collar and white-collar jobs and focus on
bringing the best people, regardless of gender, into the roles
required of a healthy economy," said Rosemary Haefner, chief human resources officer
for CareerBuilder. "Men are contributing in a wider variety of
occupations than at the turn of the century, and as women continue
to make up a larger share of the workforce, we must ensure they
have the same access and opportunity for success in all
professions."
Occupation Composition by Age
- The most dramatic demographic shift in
workforce composition is age. The teenage workforce is 33
percent smaller than in 2001, while the age 55 and older workforce
grew 40 percent. Jobs for young professionals (age 22-34) grew only
4 percent, while employment for workers age 35-54 shrunk by 1
percent. (Pg. 13)
- Teens lost share of total employment in 75
percent of occupations. Opportunities in many staples of
summertime or afterschool work are significantly harder to come by
for teen workers: hosts/hostesses (32 percent of all jobs in 2014,
down from 45 percent in 2001), food prep/serving (14 percent, down
from 23 percent), ushers/ticket takers (12 percent, down from 23
percent). (Pg. 14)
- Millennials lost share of employment in
high-paying occupations. Millennials are losing share of
employment in 69 percent of all occupations (averaging $25.85/hr.) and gaining share in 29 percent of
occupations (averaging $19.82/hr.),
including many jobs previously held by teenage workers like
cashiers, fast food cooks and dishwashers. (Pg. 15)
- The aging workforce is felt in virtually all occupations. Moreover, workers 55
and older make up 25 percent of the workforce in 210 occupations.
There were only 86 such occupations in 2014. (Pg. 16)
"The implications of the aging workforce boil down to a simple
question: As workers retire, will there be enough qualified
candidates to fill the vacated jobs?" said Matt Ferguson, chief executive officer of
CareerBuilder and co-author of The Talent Equation. "When
employment growth projections and replacement needs are taken into
account, millions of high and middle-skill occupations will be
available in the next decade. This will require workforce planners
and talent acquisition executives to evaluate succession plans and
candidate supply chains. With the right labor market data in hand,
however, it's a manageable task."
Occupation Composition by Race/Ethnicity
- The U.S. population is more racially and
ethnically diverse now than at the turn of the century, and so is
the workforce. Hispanic/Latino and Asian workers make up a
greater share of the workforce now than in 2001. Hispanics/Latinos
held 13 percent of jobs in 2014, up from 11 percent in 2001, and
Asians held 5 percent of jobs in 2014, up from 4 percent in 2001.
White workers, meanwhile, lost share of total employment, dropping
from 71 percent in 2001 to 69 percent in 2014. Black/African
American workers held 12 percent of all jobs in 2014, unchanged
from 2001. (Pg. 20)
- Hispanic/Latino workers gained in 96
percent of occupations. The group is highly-concentrated (25%
higher representation than the group's overall workforce share) in
144 occupations with average median earnings of $15.04/hr. Examples of occupations where
Hispanic/Latino workers are gaining ground are dental assistants,
loan officers and service unit operators in oil, gas and mining.
(Pg. 21 and 23)
- Asian workers gained in 90 percent of
occupations. The group is highly-concentrated in 210
occupations with average median earnings of $31.23/hr. Examples of occupations where Asian
workers are gaining ground are software developers, skincare
specialists and pharmacists. (Pg. 21 and 23)
- Black/African American workers gained
share in 22 percent of all occupations and in 44 percent of the 50
highest paying jobs. The group is highly-concentrated in 149
occupations with average median earnings of $18.16/hr. Examples include nursing assistants
and mental health counselors. (Pg. 22 and 23)
- White workers lost share in most
occupations, including each of the 50 highest paying jobs, but
remain the majority job holders in 95 percent of occupations.
The group is highly-concentrated in just 35 occupations with
average median earnings of $29.73/hr.
Examples of occupations where Black/African American workers are
gaining ground are internists, pilots and lawyers. (Pg. 22 and
23)
- College graduates are significantly more
diverse than in 2004. Non-white students made up 37 percent of
all associate, bachelor's and post-grad completers in 2013, up from
30 percent in 2004. (Pg. 24)
"Like the population as a whole, the U.S. workplace is becoming
more racially and ethnically diverse," said Alex Green, general counsel of CareerBuilder. "A
diverse organization is more innovative, more inclusive, and better
positioned to capitalize on an ever-changing consumer marketplace.
Any momentum achieved since 2001 must be sustained by increasing
access to effective, affordable education so that young people,
regardless of race or ethnicity, are exposed to the full spectrum
of vocations and career paths."
About this Report
Data used to compile this report is
based primarily on Economic Modeling Specialists International's
extensive labor market data set. EMSI, a CareerBuilder company,
gathers and integrates economic, labor market, demographic and
education data from more than 90 government and private-sector
sources, creating a comprehensive and current database that
includes both published data and detailed estimates. The report
uses EMSI's 2014.3 Class of Worker data set and does not include
self-employed workers.
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About CareerBuilder®
CareerBuilder is the global
leader in human capital solutions, helping companies target and
attract great talent. Its online career site, CareerBuilder.com®,
is the largest in the United
States with more than 24 million unique visitors and 1
million jobs. CareerBuilder works with the world's top employers,
providing everything from labor market intelligence to talent
management software and other recruitment solutions. Owned by
Gannett Co., Inc. (NYSE:GCI), Tribune Company and The McClatchy
Company (NYSE:MNI), CareerBuilder and its subsidiaries operate in
the United States, Europe, South
America, Canada and
Asia. For more information, visit
www.careerbuilder.com.
Visit the CareerBuilder Press Room for the latest labor market,
job search, and workplace research.
Media Contact
Ryan
Hunt
Ryan.Hunt@careerbuilder.com
http://www.twitter.com/CareerBuilderPR
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SOURCE CareerBuilder