Yesterday’s Advisor presented details from CareerBuilder’s special report, “The Changing Face of U.S. Jobs”; today, more highlights from the study on how demographic shifts have changed the workforce’s composition in the past 14 years.
Occupation Composition by Race/Ethnicity
- The U.S. population is more racially and ethnically diverse now than at the turn of the century, and so is the workforce. Hispanic/Latino and Asian workers make up a greater share of the workforce now than in 2001. Hispanics/Latinos held 13% of jobs in 2014, up from 11% in 2001, and Asians held 5% of jobs in 2014, up from 4% in 2001. White workers, meanwhile, lost share of total employment, dropping from 71% in 2001 to 69% in 2014. African-American workers held 12% of all jobs in 2014, unchanged from 2001.
- Hispanic/Latino workers gained in 96% of occupations. The group is highly concentrated (25% higher representation than the group’s overall workforce share) in 144 occupations with average median earnings of $15.04/hr. Examples of occupations where Hispanic/Latino workers are gaining ground are dental assistants, loan officers, and service unit operators in oil, gas, and mining.
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- Asian workers gained in 90% of occupations. The group is highly concentrated in 210 occupations with average median earnings of $31.23/hr. Examples of occupations where Asian workers are gaining ground are software developers, skincare specialists, and pharmacists.
- African-American workers gained share in 22% of all occupations and in 44% of the 50 highest-paying jobs. The group is highly concentrated in 149 occupations with average median earnings of $18.16/hr. Examples of occupations where African-American workers are gaining ground are internists, pilots, and lawyers.
- White workers lost share in most occupations, including each of the 50 highest-paying jobs but remain the majority jobholders in 95% of occupations. The group is highly concentrated in just 35 occupations with average median earnings of $29.73/hr. White workers are gaining in agricultural occupations.
- College graduates are significantly more diverse than in 2004. Nonwhite students made up 37% of all those with associate’s degrees, bachelor’s degrees, and postgraduate course completions in 2013, up from 30% in 2004.
“Like the population as a whole, the U.S. workplace is becoming more racially and ethnically diverse,” said Alex Green, general counsel of CareerBuilder. “A diverse organization is more innovative, more inclusive, and better positioned to capitalize on an ever-changing consumer marketplace. Any momentum achieved since 2001 must be sustained by increasing access to effective, affordable education so that young people, regardless of race or ethnicity, are exposed to the full spectrum of vocations and career paths.”
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Wednesday, May 27, 2015
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Join us on Wednesday, May 27, 2015, for the free, in-depth Top Sources of Hire: A Look at the Definitive Report on Talent Acquisition Strategies webcast.
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