Economic Impact: What occupations should have the smallest student loan default rate?

Colleges and universities offering programs that lead to careers in occupations that are relatively high-paying and have low unemployment tend to have lower student loan default rates. Some of the top “low-default occupations” for jobs that typically require an associate’s degree theoretically would be dental hygienists and respiratory therapists.

Workers Per Establishment: Structural Shifts in Manufacturing

Recently, we wrote about employment growth in manufacturing. Here, we look at manufacturing growth in terms of workers per establishment. Prior to the recession, the average number of workers per manufacturing establishment had been declining. During the recession, the decline accelerated before recovering somewhat and then plateauing at an average of about 36 workers per establishment in 2012. Most manufacturing sub-sectors (three-digit NAICS codes) followed the same general trend.

Most Secure Jobs that Need Little Training

For jobs that typically don’t need a college degree, which are the most secure? Here we take a look at five popular ones (see chart below). Each of these are “secure” in the sense that they are jobs with very low unemployment rates. In addition, each of these jobs typically do not require a college award, plus they usually don’t require extensive training.