Trade News: Job Outlook. Positive Growth Seen in STEM Related Vocations

From Census Bureau: Number of Nonemployer Firms Shrinks Again in 2009, Census Bureau Reports: “Nonemployer firms generate a small percentage of total U.S. business receipts, but they constitute the majority of U.S. businesses.” “Real estate related industries showed the largest decline, responding to the housing market downturn, with lessors of real estate, offices of real estate agents and brokers, and activities related to real estate (such as those who appraise real estate or manage it for others) losing about 145,000 firms combined.”

From U.S. Commerce: Economics and Statistics Administration Releases New Report on STEM: Good Jobs Now and For the Future: A new report profiles U.S. employment in the science, technology, engineering and mathematics (STEM) fields. This report offers an inside look at workers who are driving our nation’s innovation and competitiveness and helping America win the future with new ideas, new companies and new industries. Download the entire PDF report.  Some of the findings include:

• In 2010, there were 7.6 million STEM workers in the United States, representing about 1 in 18 workers.
• STEM occupations are projected to grow by 17.0 percent from 2008 to 2018, compared to 9.8 percent growth for non-STEM occupations.
• STEM workers command higher wages, earning 26 percent more than their non-STEM counterparts.
• More than two-thirds of STEM workers have at least a college degree, compared to less than one-third of non-STEM workers.
• STEM degree holders enjoy higher earnings, regardless of whether they work in STEM or non-STEM occupations.

In a related post: NOAA: Cultivating the Next Generation of STEM Workers, One Student at a Time: NOAA offers scholarships for college students aimed at helping them obtain degrees in many STEM fields. Besides significant financial support, these programs provide outstanding opportunities for students to gain hands-on experience in cutting-edge analysis and research, plus mentoring by top-flight NOAA scientists and managers. (Learn more about our scholarship programs)

From (MSU) globalEDGE:  Women in Business – Changing the World One Step at a Time: According to an article in the New York Times, senior management in private equity worldwide is composed of only 9% females. In the Middle East the numbers are even lower, which is not surprising given that less than a third of females there enter the job market. Many female business professionals have decided to enter the market on their own and establish smaller private equity firms.

Green Buildings, Green Jobs: A Closer Look at the Clean Energy Economy: The green building sector represented over 25 percent of all new construction activity in 2010. U.S. firms are providing leading technologies and services in key subsectors, including smart lighting, energy data management, energy efficient heating and air systems, and residential solar power. U.S. green building and energy management innovators are also finding success abroad, while creating jobs at home.

Comments are closed.

%d bloggers like this: