New Jobs Data Points to Healthcare, Business, Education for Earnings Growth

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A recent report by the President's Council of Economic Advisers documents that people with college degrees in high-growth fields are best positioned to thrive in the recovering economy.

"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," the report says.

There's never been a better time to sharpen your skill set and retool your career by earning a degree. Here are three high-growth fields projected to see substantial job growth as the economy continues its slow but steady recovery.

Healthcare and Social Assistance
According to The U.S. Bureau of Labor Statistics' newly revised Occupational Outlook Handbook, 2010-11 Edition healthcare and social assistance are the fastest growing industry sectors, projected to add another 4 million jobs between 2008 and 2018.

About 26 percent of all new jobs created in the U.S. economy will be in the healthcare and social assistance industry - which includes public and private hospitals, nursing and residential care facilities, and individual and family services. It is expected to grow by 24 percent, or 4 million new jobs, driven by an aging population and longer life expectancies.

Go here to learn more about becoming a Healthcare professional.

Business & Entrepreneurship
Despite the headlines dominated by bailout backlash, executive pay cuts, and layoffs on Wall Street, now is the time to target a career in business. The recent economic turmoil creates new opportunities in emerging and old-line industries alike, as the U.S. economy retools for a return to growth.

Pockets of high growth - healthcare banking, financial restructuring, risk management – along with entrepreneurial activity across a spectrum of industries will fuel growth in business jobs in the years to come. Plus some business careers remain relatively recession proof. Personal financial advisor is #3 and financial analyst #6 on the U.S. Bureau of Labor Statistics (USBLS) listing of "Top 50 Fastest-Growing Occupations" requiring a bachelor's degree. And according to its newly revised Occupational Outlook Handbook, employment in the securities, commodity contracts, and other financial investments and related activities industry is projected to expand 12 percent by 2018, reflecting the number of baby boomers in their peak savings years, the growth of tax-favorable retirement plans, and the globalization of securities markets.

Whether you aspire to a fast-track investment banking job or a rewarding career in the non-profit sector, now is the time to earn a business degree.

Go here to learn more about becoming a Business professional.

Education
The Occupational Outlook Handbook projects that employment in public and private educational services is anticipated to grow by 12 percent, adding about 1.7 million new jobs through 2018. Rising student enrollments at all levels of education will create demand for educational services.

The July report by the president's Council of Economic Advisers underscores that the biggest gains in job growth in the next decade will be in the areas of healthcare and education services. And it notes that most of these jobs will require postsecondary education degrees, at minimum certificates and associates degrees. To meet this demand, the Obama administration invested heavily in the education industry through the stimulus package. The Act includes $5 billion for early learning programs, $77 billion for reforms to strengthen elementary and secondary education, $5 billion in competitive funds to spur innovation and over $30 billion to address college affordability and improve access to higher education. There's never been a better time to target a career in education and to boost your education to achieve your goals.

Go here to learn more about becoming a Teacher or Education professional.


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