The University of St. Thomas
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Posts Tagged ‘bureau of labor statistics’

What do I want to be when I grow up?

Published on: Friday, November 30th, 2012

Like most people I know, I pondered the question of what to do for a living for a very long time. I can’t remember exactly when I first encountered this question but my guess is that it was around the time I was in kindergarten. I also don’t recall what my answer was back then but it probably had to do with fire engines, moon landings, or lion taming. 

Trying to figure out what to do for a living can be tough, especially if you are interested in more than one occupation or if you know what you like doing and are good at but don’t know what occupation that makes you qualified for. There is of course no shortage of information and advice one can find on this subject. There is academic support and counseling, there are professional services such as headhunters and career coaching, and then there is the oft dreaded parental “conversation” about what you’ll be doing with the rest of your life the day after graduation.

Well, there is a resource that can help you make sense of these vexing life questions; it is called the Occupational Outlook Handbook or OOH for short. The OOH is published annualy by the U.S. Department of Labor’s Bureau of Labor Statistics. You can access an electronic copy of this resource, for free, by clicking on the link above. The title of this publication pretty much sums up what it is but to get an idea of what it contains I have copied this text from the OOH’s Home Page:

“Welcome to the Nation′s premier source for career information! The profiles featured here cover hundreds of occupations and describe What They Do, Work Environment, How to Become One, Pay, and more. Each profile also includes BLS employment projections for the 2010–20 decade.”

The information you will find here is extremely useful in a practical, dare I say, bankable way. An added benefit is that the OOH is user friendly. One need not have a PhD in economics to understand the data and there is no steep learning curve when it comes to how the site functions. The following is an example of the OOH profile for librarians:

Next time you find yourself wrestling with this perennial question you can take comfort in knowing that the OOH is here waiting for you. I hope you find this posting useful and wish you the best of luck and good fortune on your career journey!   

 

 

 

For the College Educated: Increasing Employment … Lower Unemployment …… and Higher Earnings.

Published on: Tuesday, September 28th, 2010

 An interesting report and data summary on issues relating to higher education from the Bureau of Labor Statistics. 

By the numbers:

  • Over the 1992–2009 period, the number of college-educated workers increased from 27 million to 44 million.
  • In 2009, the unemployment rate for workers with college degrees was 4.6 percent. The rate for workers without a high school diploma was 10 points higher.
  • In 2009, the median weekly earnings of workers with bachelor’s degrees were $1,137. This amount is 1.8 times the average amount earned by those with only a high school diploma, and 2.5 times the earnings of high school dropouts.

These and myriad other data on degree attainment, student’s time use (1.5 hrs/day traveling? lots of commuter students I guess), degree attainment in U.S. compared to other countries, higher education workplaces, costs, etc.  Includes this interesting chart on Professor pay and employment by discipline:

prof_pay

Industries with the most new jobs, 2008-18

Published on: Friday, December 18th, 2009

According to the Bureau of Labor Statistics, consulting will be the industry with the largest number of new jobs over the next decade.  “Three of the 10 detailed industries projected to have the most employment growth are in professional and business services: management, scientific, and technical consulting; computer systems design; and employment services. Altogether, these 3 industries are expected to add 2.1 million jobs.”  Find more details on these employment projections at the BLS website.

empl_growth

BLS Spotlight on Statistics: Health Care

Published on: Monday, November 16th, 2009

A selection of statistical data, charts, and graphs on various aspects of health care in the United States, from our friends at the Bureau of Labor Statistics. Also available as a 13 page pdf, this spotlight deals with costs, demographics, and employment data on health care, with some excellent explanatory graphics and links to the underlying data sources where researchers can go for more information.

Sample graphs:

 

Happy Birthday to the BLS!

Published on: Tuesday, October 27th, 2009

Source of much of the nation’s important economic data, the Bureau of Labor Statistics is celebrating it’s 125th anniversary in 2009.  Publisher of often used titles like the Occupational Outlook Handbook and the Monthly Labor Review, BLS is also the home of official national data on unemployment rates, mass layoffs, workplace injuries, inflation and price levels, consumer spending habits, productivity, and time use, to name just a few.  Check out their website to learn more.

Sample cool graphs:

unempl

Cell phone usage

Cell phone usage

Time Use

Time Use