Hot Jobs Report Top 23 Jobs in 2022 Post-Secondary Education

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in 2022 Post–SecondaryEducation 2022 232 N Almon St. Moscow, ID 83843 (208) 883-3500 | FAX: (208) 882-3317 www.lightcast.io
Hot Jobs Report Top 25 Jobs

Post-Secondary Education/Certification Outlook

Education beyond high school greatly expands workers’ employment opportunities and bumps wages into a higher earning bracket. Lenawee County provides post-secondary degree and certification holders a place to work, especially those with a bachelor’s degree. In 2022, 42% of job postings in Lenawee County advertised a minimum education requirement above the high school level. Moreover, while 18% of jobs in the county require a bachelor’s degree, only 14% of the population holds one.This means Lenawee County job seekers with bachelor’s degrees benefit from a 4% gap in the supply and demand for their skills, putting them in a position to negotiate for higher salaries. At the same time, employers struggle to meet the workforce needs, leaving them desperate for a more-educated populace.

Lenawee county employers may look to thosewith advanceddegrees to fillunmet demand for bachelor’s degree holders. There is a nearly 4% oversupply of graduate degree holders in Lenawee County, and while this may seem surprising, surrounding counties tell a similar tale. Neighboring regions host a 6% undersupply of bachelor’sdegreeholders andan8%oversupplyofadvanceddegreeholders.Whilesuchtalentgapsposeachallenge for area employers, Lenawee County and its neighbors offer ample prospects for workers seeking meaningful and lucrative employment opportunities.

Education Should Lead to Employment

Education signals competency and intelligence, which benefits both individuals and the community.

 A broader base of career possibilities allows individuals to find the job that is most impactful for them and their community.

 Earning a living wage or higher is disproportionately represented by occupations requiring some level of higher education or certification.

 Higher wages support the broader community through local spending, local investment, and increased tax revenue.

Identifying Careers

The following characteristics describe target career areas:

 High-volume of occupations reflecting in-demand competencies and skills.

 Advertised salaries significantly exceeding statewide averages.

 Strong historical job growth expected to persist as evidenced by high demand relative to supply.

 A wide array of career entry and growth opportunities supporting workforce transitions, training, and upskilling/reskilling initiatives.

 A revolving workforce with members approaching retirement age.

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Breakdown of Metrics

JOBS:

The number of occupational jobs within a region for a given year.

RESIDENT WORKERS: Workers who live and work in the same region.

NET COMMUTERS:

A measure of workers who live in one region but work in another (negative means workers are commuting out of the region to work).

PROJECTED GROWTH:

The number of jobs expected above or below the 2022 job count.

HIRES:

The amount of people hired within that occupation in 2022.

SEPARATIONS:

The amount of people that stopped working in that occupation in 2022.

Lenawee County Key Highlights

TURNOVER RATE:

The ratio of separations to total jobs.

AVG. ANNUAL OPENING:

The total number of openings from 2017-2022 divided by the number of years within that period.

AGE CATEGORIES:

The number of workers within an occupation that fall into that age bracket.

EARNINGS CATEGORIES: Hourly earnings by education.

OCCUPATION SCORE:

The amount that occupation fulfills the criteria created by weightings.

RANK:

A simpler way of expressing occupation score.

 Manager Occupations account for seven of the Top 25 jobs, representing 895 jobs in 2022, and a 26% share of the total within the Top 25. In addition, 28% of current job holders are age 55 and above. These attributes, along with very high median wages and a bachelor’s degree education requirement (except for EducationAdministrators), make them an excellent option for enterprising individuals. Job growth has also been excellent, growing by 251 in the past five years, and projected to grow by 99 more in the next five years.

 Business & Finance Operations Occupations provide excellent opportunities for an upcoming Lenawee professional. These jobs appear in the Top 25 six times and account for 549 jobs, making up 16% of Top 25 jobs in the area. Historical growth was also strong: jobs have grown by 132 since 2017 and are projected to grow by 50 more in the next five years.

 Healthcare Practitioners, Support and Technical Occupations provide students a variety of careers that require degrees ranging from associate degrees to doctoral or professional degrees. Health related jobs appear in the Top 25 five times and account for 701 jobs, a 13% share of the total jobs in the Top 25. These jobs also have very high median wages and are projected to grow by 132 jobs by 2027.

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Lenawee County Target Careers

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Description 2022 Jobs 2022 Net Commuters 5 Year Projected Growth 2022 Turnover Rate Avg. Annual Openings Age 65+ Median Hourly Earnings Typical Entry Level Education General and Operations Managers 494 -258 35 47% 65 29 $37.54 Bachelor's degree Postsecondary Teachers 268 -219 78 47% 64 31 $32.65 Doctoral or professional degree Financial Managers 96 -44 14 27% 10 6 $48.26 Bachelor's degree Medical and Health Services Managers 85 -38 20 32% 12 5 $40.40 Bachelor's degree Industrial Engineers 101 -126 4 23% 11 5 $40.54 Bachelor's degree Registered Nurses 326 -492 20 20% 28 17 $37.14 Bachelor's degree Project Management Specialists 75 -86 6 40% 9 4 $39.33 Bachelor's degree Sales Managers 55 -38 5 36% 8 3 $57.92 Bachelor's degree Business Operations Specialists, All Other 117 -118 11 43% 20 8 $29.31 Bachelor's degree Accountants andAuditors 164 -108 7 38% 18 15 $28.90 Bachelor's degree Software Developers 50 -161 9 24% 6 1 $50.23 Bachelor's degree Physical Therapists 116 3 35 18% 17 3 $42.02 Doctoral or professional degree EducationAdministrators, Postsecondary 67 -23 14 40% 12 4 $33.33 Master's degree Heavy and Tractor-Trailer Truck Drivers 383 -157 19 63% 59 27 $21.70 Postsecondary nondegree award Market ResearchAnalysts and Marketing Specialists 71 -67 14 47% 10 3 $30.93 Bachelor's degree Human Resources Specialists 87 -85 6 48% 12 4 $29.46 Bachelor's degree SubstanceAbuse, Behavioral Disorder, and Mental Health Counselors 72 -24 10 45% 14 4 $28.68 Bachelor's degree Bookkeeping, Accounting, andAuditing Clerks 283 -110 5 62% 40 41 $18.71 Some college, no degree Management Analysts 35 -66 5 37% 4 3 $39.50 Bachelor's degree Computer and Information Systems Managers 33 -45 5 27% 4 1 $50.34 Bachelor's degree Medical Assistants 186 -66 49 50% 34 4 $18.26 Postsecondary nondegree award Nurse Practitioners 31 -28 13 18% 4 2 $48.71 Master's degree Child, Family, and School Social Workers 97 -35 3 33% 12 4 $28.09 Bachelor's degree Speech-Language Pathologists 43 -8 14 21% 5 1 $39.51 Master's degree Construction Managers 66 -24 6 23% 9 5 $34.09 Bachelor's degree

Surrounding Area Key Highlights

 Managerial Occupations account for eleven of the Top 25 jobs, a total of 21,561 jobs, and over 2,500 average annual openings in surrounding counties. This job group has an impressive impact on the local economy, with six included jobs paying median hourly salaries above $40. Lightcast projects managerial occupations to grow by 1,209 jobs in the next five years, making up 34% of the region’s overall projected job growth. Management training may provide a high return on investment given impacts to the local economy, especially the potential increase in tax revenue.

 Business & Finance Operations Occupations include six of the Top 25 jobs and comprise a total of 19,355 jobs. Lightcast projects these jobs to add another 643 jobs by 2027. Three jobs account for 81% of this projected growth: Business Operations Specialists, ManagementAnalysts, and Market ResearchAnalysts and Marketing Specialist. Median hourly earnings for these jobs are strong, ranging from $29-$39 hourly.

 Education Occupations have three jobs in the Top 25 and are a unique group. Unlike others, education occupations have lost jobs over the past five years. Nevertheless, educators still make up 21% of the Top 25 jobs, with 20,858 jobs. Lightcast projects education jobs to grow by 458 jobs in the next five years. Median earnings for this job group range from $30 to $45 an hour.

 Healthcare Practitioners and Technical Occupations have two jobs in the Top 25 - both nursingand account for 20% of total employment in the region’s Top 25 jobs. These jobs also are projected to grow by 306 jobs in the next five years and provide high median wages: $37 hourly for Registered Nurses, and $54 hourly for Nurse Practitioners. Workers aged 55 and older hold 24% of jobs in this job group, suggesting strong near-term opportunities for younger workers possessing a desire for highwage careers and the will to complete necessary educational requirements. Typical entry education requirements in this job group range from bachelors to doctoral degrees.

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Surrounding Area County Target Careers

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Description 2022 Jobs 2022 Net Commuters 5 Year Projected Growth 2022 Turnover Rate Avg. Annual Openings Age 65+ Median Hourly Earnings Typical Entry Level Education General and Operations Managers 9,830 -184 358 48% 1244 484 $42.26 Bachelor's degree Software Developers 3,921 -68 518 30% 394 78 $46.00 Bachelor's degree Financial Managers 1,954 -10 165 30% 187 102 $58.13 Bachelor's degree Project Management Specialists 3,007 7 89 43% 424 144 $39.08 Bachelor's degree Sales Managers 1,235 -91 42 38% 153 53 $59.60 Bachelor's degree Medical and Health Services Managers 2,193 258 256 32% 224 111 $47.60 Bachelor's degree Computer SystemsAnalysts 1,647 -23 90 32% 187 52 $40.57 Bachelor's degree Heavy and Tractor-Trailer Truck Drivers 7,274 -1,141 147 67% 1023 576 $23.25 Postsecondary nondegree award Management Analysts 2,537 86 144 36% 344 296 $38.40 Bachelor's degree Industrial Engineers 2,224 -431 109 25% 215 108 $39.04 Bachelor's degree Registered Nurses 19,303 3,253 23 24% 1624 654 $37.01 Bachelor's degree Postsecondary Teachers 11,012 2,412 319 31% 1389 1272 $45.40 Doctoral or professional degree Mechanical Engineers 2,586 -332 54 26% 304 123 $43.30 Bachelor's degree Lawyers 1,369 -73 72 17% 121 188 $47.71 Doctoral or professional degree Computer and Information Systems Managers 1,470 65 136 28% 146 36 $60.55 Bachelor's degree Managers, All Other 2,110 -27 170 18% 227 202 $36.34 Bachelor's degree Nurse Practitioners 1,388 258 283 20% 152 58 $54.72 Master's degree Business Operations Specialists, All Other 3,909 272 175 43% 598 210 $30.12 Bachelor's degree Secondary School Teachers, Except Special and Career/Technical Education 4,900 245 56 21% 529 317 $33.63 Bachelor's degree Industrial Production Managers 1,412 -174 12 27% 151 62 $49.48 Bachelor's degree Construction Managers 1,358 -85 69 29% 177 94 $35.98 Bachelor's degree Elementary School Teachers, Except Special Education 4,946 -31 83 22% 500 242 $29.92 Bachelor's degree Accountants andAuditors 4,165 -146 19 44% 414 288 $32.83 Bachelor's degree Market ResearchAnalysts and Marketing Specialists 2,692 101 204 49% 342 94 $29.25 Bachelor's degree Human Resources Specialists 3,047 -3 13 79% 430 126 $29.13 Bachelor's degree

Cross Region Overlap

Occupations that appear in the Top 25 for both regions:

Listed in Order of Lenawee Top 25 Ranking

 General and Operations Managers (11-1021)

 Postsecondary Teachers (25-1099)

 Financial Managers (11-3031)

 Medical and Health Services Managers (11-9111)

 Industrial Engineers (17-2112)

 Registered Nurses (29-1141)

 Project Management Specialists (13-1082)

 Sales Managers (11-2022)

 Business Operations Specialists, All Other (13-1199)

 Accountants andAuditors (13-2011)

 Software Developers (15-1252)

 Heavy and Tractor-Trailer Truck Drivers (53-3032)

 Market ResearchAnalysts and Marketing Specialists (13-1161)

 ManagementAnalysts (13-1111)

 Computer and Information Systems Managers (11-3021)

 Nurse Practitioners (29-1171)

 Construction Managers (11-9021)

AboutLightcast

Lightcastistheworld’sleadingauthorityonjobskills,workforcetalent,andlabormarket dynamics,providingexpertisethatempowersbusinesses,educationproviders,andgovernmentstofindtheskillsandtalenttheyneedandenablingworkerstounlocknewcareer opportunities.HeadquarteredinBoston,Massachusetts,andMoscow,Idaho,Lightcastis activeinmorethan30countriesandhasofficesintheUnitedKingdom,Italy,NewZealand, andIndia.ThecompanyisbackedbyglobalprivateequityleaderKKR.

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