What You Need to Know About Careers and Education

Learn Prosper is real. Two out of three jobs available today require some form of learning credential. There are millions of job opportunities every month. The overwhelming majority of those opportunities require that you have education credentials to even be considered. The BUZZ Today has the data. The analysis is in the body of this post.

Buzz TodaySource: US Bureau of Labor Statistics There were 4.0 million job openings in December 2013 and there were 4.4 million hires in December 2013. This makes a total of 8.4 million opportunities to find a new job or career in one 30 day period at the end of 2013.

The argument is over education in the future. There is a lot of debate about whether the forecasts for future jobs are real or not. The Lumina Foundation has a big goal: “To increase the proportion of Americans with high-quality degrees and credentials to 60% by the year 2025”. Another forecast of the demand for degree credentials comes from the highly regarded Georgetown University Center for Education and the Workforce which forecasts that the decade growth ending in 2018 will create 47 million new job openings. Of those new jobs, the forecast is for nearly two-thirds of them to require some post-secondary education.

Recently, some have argued that the value of an education is overstated and that forecasts of future labor demand are flawed.  Much of this argument is entangled with the fact that higher education has become too expensive. This fact is true. Higher education in America has become too expensive. But this is a different issue than whether labor markets demand an education.

The BUZZ Today data shows that there are millions of positions available in the labor markets today – 8.4 million opportunities last December alone to be precise. The jobs are there. What you need to know is what it takes to qualify. Here additional information is valuable.

The massive job posting service Monster.com has studied the mix of current job postings on their web site. What they found is that 60% of those postings required a bachelor degree or above. This is data on the job market today, not some contested forecast about future labor market conditions.

There is one additional fact that you need to know about this issue of career opportunities and education. Companies are receiving massive numbers of resumes for every position. To handle this very real challenge, most large companies use resume screening software to qualify job applicants. If your resume does not match the key words and qualifications of the job posting you will not get an interview. The bottom line is that for the vast majority of the millions of job opportunities you must have a degree credential to even be considered for the position. Without the credentials, it is extremely unlikely that you will be invited to interview.

The main conclusion is that an education vastly increases your chances for a new career. For personal guidance on how to most efficiently obtain that education, go to Your Future is Calling. The book is full of helpful guidance on linking “who you are” to careers and the education path you need to get to the future you desire.

Three Things You Need to Know to Have a More Prosperous Life

Having a college education is by far the most important thing you can do to have more income than your parents. This is especially true for those who come from families in the lowest income group.

Buzz TodayOnly 5% of children born into the bottom quintile who don’t graduate from college end up in the top quintile. By contrast, 30% of bottom-quintile children who graduate rise to the top quintile. But only 7% of those born to parents in the bottom-quintile get a college degree. Source: The Federal Reserve bank of San Francisco “College graduates were over 5.3 times more likely to leave the bottom rung than non-college graduates.” Source: Research by Pew Trust

With all of the attention on the question “Is College Worth It?” it is easy to become confused about what to do. The research in the Buzz Today is unambiguous. If you want to have the best chance of improving the economic well being of your family you need to get a college degree. The confusion sets in when the question becomes: “Does a college degree guarantee a better life for me and my loved ones?” The answer to this question is that there are no guarantees in life. Having a college degree vastly increases your chances of a better income but it is not a sure thing.

So the three things of importance to you are:

1. Earn a college degree

2. Earn the right college degree that has good employment prospects

3. Earn a college degree for the lowest cost possible

These three things are all possible for anyone committed to their own future. But to take advantage of this opportunity, the first thing you must have is the motivation to get an education – to earn your degree. Without motivation you cannot reach these goals. My main reason for sharing this data on earning power from a degree is to create the motivation you need. Having a goal always helps provide guidance on a long journey.

In addition to motivation, you need good information on careers and college costs. For career choices, you can go to a government site titled O*Net where there is great detail on employment prospects. For objective data on what it actually costs to go to various colleges and universities go to College Navigator

But it is not sufficient to merely have the data. You need to know how to find the specific information that fits “who you are”. You also need to know how to navigate your way through these massive data bases. You can get that specific guidance from my book Your Future is Calling. Learn and prosper as the data in Buzz Today shows.