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JOB DESTRUCTION NEWSLETTER
by Rob Sanchez
June 23, 2004 - No. 1039

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CNN.com has a new list of jobs that supposedly pay well and have good
job growth. To see their list, go to the webpage and click on the link
in the last paragraph. The CNN list was compiled from a similar list
from the DOL at:
http://www.bls.gov/emp/emptab4.htm

Here are some of of my observations while staring at the CNN table:

* Jobs in engineering and programming aren't on the list. The only IT
related career is "Computer systems analysts". Notice that in job
growth the analyst jobs are in second to last place with "Special
education teachers". If CNN and the DOL are correct, technical careers
have very little growth potential, and yet we are hearing stories on a
regular basis that there are large shortages of these workers. The
median earnings of $62,890 aren't very encouraging and it's a far cry
from what IT workers are accustomed to.

* Just because a job is on the CNN or DOL list doesn't mean an American
citizen is going to get it. Many of those job categories are being
taken by H-1Bs. Examples include teachers, which occupy 4 of the 20 job
categories listed, and nurses which occupy 2 out of the 20. Nurses are
also coming into the United States from Mexico with NAFTA-TN visas.

* They only job category I saw that was safe from nonimmigrant visa
holders or illegal aliens was for sales representatives. Th news media
such as CNN are in a state of denial about how many jobs are being
taken by foreign born workers. The number of jobs created mean nothing
if they aren't available for American citizens.

* The title of this article says that these jobs pay well. Perhaps this
is an indication of how far things have slipped for the American
middle-class. The average median salary is only $42,500 and the highest
was $68,000.

* The DOL table isn't any more encouraging. The fastest growing job
categories are for jobs such as cashiers, janitors, waiters and
waitresses, receptionists, office clerks, security guards. Most of the
high growth jobs don't require college level degrees.

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http://money.cnn.com/2004/06/22/pf/highpaying_jobs/index.htm

New jobs pay well
Latest report from Labor Department find 20 occupations with good
earning potential and growth.
June 23, 2004: 12:37 PM EDT
By Jeanne Sahadi, CNN/Money Senior Writer

NEW YORK (CNN/Money) - When the government came out with its 10-year
jobs forecast earlier this year, observers noted many of the jobs with
the greatest growth potential were fairly low-paying.

Well, in its latest quarterly outlook, the Labor Department's Bureau of
Labor Statistics broke out 20 jobs with relatively high median
earnings, and guess what: they're among the occupations with the
greatest number of job openings projected up until 2012.

"High" earnings in this context doesn't mean Wall Street salaries.

It means the earnings of each occupation ranked in the top half of all
occupations' 2002 median earnings.

The number of job openings projected for a given field is a combination
of new jobs likely to be created and positions likely to open up as a
result of workers retiring or otherwise leaving the occupation
permanently.

So, for instance, the BLS projects that 95,980 jobs will open up
annually between 2002 and 2012 for post-secondary teachers. The median
earnings of those who hold the title -- meaning half earned more -- was
$49,090 in 2002.

Even though the job market has been fairly dismal in recent years for
tenure-seeking Ph.D.s in many fields of academia, the BLS projects an
increased demand for postsecondary teachers for several reasons.

First, it's likely a large number of tenured professors who started
teaching in the 1960s -- when there was a large expansion of the
education sector -- will be retiring over the next several years, said
BLS economist Jon Sargent. There's also been growth in the number of
community and junior colleges, as well as in technical educational
institutions, he said.

Whether schools will seek to hire as many tenured professors or will
opt instead to bulk up on much lower paid adjunct professors as some
have been doing remains to be seen. If schools reduce the number of
tenure track positions it's possible the median earnings for the
occupation could fall.

Also notable about the BLS list: not all of the jobs necessarily
require graduate degrees or even college degrees. Among the occupations
with relatively high median earnings and the potential for significant
job openings are carpenters, truck drivers and auto mechanics.

For a look at the occupations, their median earnings and the projected
number of openings for each, click here.


Occupation Average annual job openings projected 2002-2012, Median
earnings, 2002-012

Registered nurses 110,119
$48,090
Postsecondary teachers 95,980
$49,090
General and operations managers 76,245
$68,210
Sales representatives, wholesale and manufacturing, except technical
and scientific products 66,239
$42,730
Truck drivers, heavy and tractor-trailer 62,517
$33,210
Elementary school teachers, except special education 54,701
$41,780
First-line supervisors or managers of retail sales workers 48,645
$29,700
Secondary school teachers, except special and vocational education
45,761
$43,950
General maintenance and repair workers 44,978
$29,370
Executive secretaries and administrative assistants 42,444
$33,410
First-line supervisors or managers of office and administrative support
workers 40,909
$38,820
Accountants and auditors 40,465
$47,000
Carpenters 31,917
$34,190
Automotive service technicians and mechanics 31,887
$30,590
Police and sheriff's patrol officers 31,290
$42,270
Licensed practical and licensed vocational nurses 29,480
$31,440
Electricians 28,485
$41,390
Management analysts 25,470
$60,340
Computer systems analysts 23,735
$62,890
Special education teachers 23,297
$43,450

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