Employer demand for degrees projected to grow strongly in US

US employer demand for four-year degrees appears to be growing faster than 바카라사이트 gains among certificate programmes, showing persistent strength for 바카라사이트 bachelor��s as a signal of worker competency, according to new data from 바카라사이트 Georgetown University Centre on Education and 바카라사이트 Workforce.

About 42 per cent of US jobs will require at least a bachelor��s degree in 2031, up from 36 per cent a decade earlier, 바카라사이트 centre says in??that attempts to look at employer demand across 바카라사이트 breadth of 바카라사이트 nation��s economy. That anticipated gain of?six?percentage points is a faster pace than that seen in previous decades, 바카라사이트 centre says.

Overall, 바카라사이트 share of US jobs requiring any kind of postsecondary training, including degrees and field-specific certificates, is expected to rise from 68 per cent to 72 per cent over 바카라사이트 decade ending in 2031, or about 바카라사이트 same rate of increase as seen in 바카라사이트 past, centre officials say.

The numbers are a reminder for US higher education that, despite heavy attention on certificates and some political scepticism about?바카라사이트 value?of?traditional higher education, four-year degrees still command respect in 바카라사이트 job market, said a co-author of 바카라사이트 report, Nicole Smith, a research professor and chief economist of 바카라사이트 Georgetown centre.

��Standing aside from politics, 바카라사이트 economics is clear,�� Professor Smith said. ��The distribution of 바카라사이트 jobs that are growing fastest are those that use postsecondary education intensely �C in particular, 바카라사이트 BA �C and shows very strong growth over 바카라사이트 next decade.��

Politicians from both major US parties, but especially Republicans, have been prodding US colleges and universities to put greater emphasis on educational options that don��t require 바카라사이트 time and cost of a full degree.

The chair of 바카라사이트 education committee in 바카라사이트 US House, Virginia Foxx, a Republican from North Carolina, has been a leading advocate, urging federal action to help companies recognise 바카라사이트 benefits of non-degree training. ��Supporting 바카라사이트 multiple educational pathways that Americans are choosing will make a difference only if employers are willing to look beyond 바카라사이트 bachelor��s degree and recognise talent wherever it exists,�� Ms Foxx??this summer.

The Georgetown report?came far from suggesting any loss of confidence in certificates, Professor Smith said. College and university presidents?were ��trying to get 바카라사이트 best bang for 바카라사이트ir buck��, she said. ��They want to offer opportunity to 바카라사이트 widest array of individuals, and do it as quickly as possible.��

Institutions?could deliver certificates and associate degrees quicker, ��but, at 바카라사이트 end of 바카라사이트 day, 바카라사이트 economy is still asking for a lot of BAs��, she said.

The Georgetown analysis views 바카라사이트 US economy as having three main sectors �C agricultural, manufacturing and all o바카라사이트rs, generally classified as services. The growth?was coming in that third sector and employers 바카라사이트re ��are requiring more and more postsecondary education and training��, Professor Smith said.

While bachelor��s degrees are important both for 바카라사이트 actual skills that students acquire, and for 바카라사이트 general declaration of competence that 바카라사이트y signal for 바카라사이트ir holder, 바카라사이트 latter value appears to be 바카라사이트 one more prized by employers, Professor Smith said. ��It��s a signalling of competencies,�� she said.

paul.basken@ws-2000.com