Thursday, November 16, 2006

Facts about the U.S. job market

1. There are about 7 million employers in the United States with 147 million people on the payroll.

2. On average, 5.5 million job openings become available every year.

3. It is estimated that 80 percent of the workforce got their jobs through employee referrals (networking).

4. More than 46 million workers change jobs every year.

5. The average worker stays on the job 4 years.

6. Two million people are laid off and 1 million people quit their jobs every year.

7. The average length of employment is 9 weeks.

8. Eighteen percent of the workforce has a 4 year college degree.

9. The median annual wage is $49,000 (half earn less, half earn more).

10. Of the 10 highest-paid occupations, 9 are medical doctors with a median annual wage of $145,000. Business executives also earn a median wage of $145,000 a year.

11. The 10 fastest growing occupations are;

1. Home Health Aides
2. Network Systems Analyst
3. Medical Assistants
4. Physicians Assistants
5. Computer Software-Application Engineers
6. Physical Therapy Assistants
7. Dental Hygienists
8. Computer Software-Systems Engineers
9. Dental Assistants
10. Personal and Home Care Aides

12. The occupation with the most people: Retail sales clerks (4.3 million)

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