2016 Employment Projections by Educational Requirements

The Bureau of Labor Statistics recently released its employment projections for 2016, forecasting the change of employment by occupation ten years into the future. Included in this analysis is the attribution of each occupation to a specific category of “typical education for entry.” Grouping the employment numbers and estimates by these categories, we are able to see how employment is likely to change across various levels of educational attainment.

Job Growth in Manufacturing

In addition to breweries and wineries, other food and beverage manufacturing industries also number among those with the most job growth during the last decade. Within this time frame, retail bakeries and perishable prepared food manufacturing expanded by 21,074 and 17,884 jobs, respectively. Meat processed from carcasses grew by 11,213 jobs. Other snack food manufacturing, coffee and tea manufacturing, and cheese manufacturing each expanded by between 8,000 and 9,000 jobs over the last ten years.

Are American Workers Becoming More Fickle?

With the millennial generation entering the labor force, there is much talk that this new generation of workers is more mobile and less loyal to their employers. Chmura’s analysis of the historic employee tenure data shows that is not the case. While national employee tenure did decrease in recent years, it is more likely driven by economic conditions such as improved labor market conditions after the great recession.