Where Are the Top Growth Areas for Jobs?

REPLAY VIDEO
Your next video will start in
Pause

Recommended Videos

  • Info

  • Comments

  • VIDEO TEXT

Nov. 11 (Bloomberg) -- CareerBuilder's Hope Gurion discusses the outlook for the U.S. labor market with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

Thank you.

What metrics did you use?

We have a company called economic modeling specialists.

They complying -- they combined data from a variety of sources related to job growth and historical patterns.

They may be projections.

In this report they have done it not only by occupation but also by wage and metro area.

It is very comprehensive.

Any surprises?

We see a very consistent.

All of the data that we have seen over the last several years continues to point to the growing demand for high wage /high skill jobs as well as in the energy sector.

We're seeing that continue.

The highest growth will be in the high skilled areas.

Is that due in large measure to what is going on in washington with the health care debate?

It certainly relates to the demographics of the population.

This is also field by the expected increases in health care coverage and services.

More and more companies are growing and have needs for supporting the business growth.

Geographically, where is the biggest growth happening?

We're seeing the top five markets that are expected to have the highest growth in the south.

There's plenty to have the highest growth rate, upwards of 8%. two of them are in texas.

It is driven largely by the technology sector.

We're also seeing in raleigh and phoenix.

Expected to have a negative growth rate.

This is the career builder.

One issue that is being discussed in washington is student loan debt.

In our talks a trillion dollars.

How many require a college degree?

61% of the occupations do require a college degree.

A large number are requiring graduate degrees.

I think that speaks to the occupations that have the highest growth projections.

All of these are requiring graduate or undergraduate level education.

Any sense of what this means for salary?

One of the interesting things you notice is that we're seeing the middle wage area.

They see the longest a man.

It will polarize when you look at the workforce.

They will be concentrated in low wage or high skill.

11 million people are employed in the united states.

You show that 45% cannot find qualified candidates for their open positions.

Why not?

Inc.

Goes back to the demand for high skilled workers.

The require extensive experience.

Whether you are a registered nurse or a therapist.

It requires a lot of on the job experience.

The same is true -- true for technology.

People are looking for not only the education but also the experience of this.

It requires employers and individuals to support investing in the required education to build demand for these jobs.

Speaking of job demand, how are these impacting bottom lines?

More companies may be more reluctant while we're in the recession.

Now they are trying to higher for these positions.

Especially the types that can contribute to revenue growth such as sales and marketing.

You will see more companies that have a demand for those type of positions.

You can imagine they will try to fill those quickly.

Thank you so much for your

This text has been automatically generated. It may not be 100% accurate.

Advertisement

BTV Channel Finder

Channel_finder_loader

ZIP is required for U.S. locations

Bloomberg Television in   change