We recently partnered with Catherine Mulbrandon at VisualizingEconomics.com to create a series of treemaps that illustrate important aspects of the labor market. In this post we provide a sneak peek at two of the graphics she created. The remainder will be posted in An Illustrated Guide to Income in the United States, a booklet from Catherine set to be released this summer.
These two graphics are based on EMSI’s labor market database, which is a combination of over 80 public and private data sources. More specifically, the first table shows job change for all occupations by industry (based on 2-digit supersectors, as defined by the North America Industry Classification System) and the second shows occupation change by education level. The data is from 2001-2011.
Red indicates decline and blue indicates growth.
Each square on the graphic indicates a specific 5-digit occupation classified by the Standard Occupational Classification system. There are over 800 unique squares present on the charts. Large squares, like the ones on the upper right and in the retail trade sector, indicate a lot of jobs for the specific occupation code. Smaller squares indicate occupations with less jobs.
In the graphic above we have pulled together occupation data related to all 20 NAICS supersectors. Government, health care, and retail trade have the largest employment. Utilities, mining, and management of companies have the fewest jobs. Also note the size of the squares within each industry sector. Here are a few observations:
- Broad momentum. It is interesting to note how each broad industry sector tended to either be dominated by growth or decline. For instance, with very few exceptions, almost every occupation within the manufacturing sector declined from 2001-2011. The same holds true for construction, information, agriculture, and, to a certain extent, retail trade. Conversely, sectors like health care, educational services, professional/scientific/technical services, accommodation and even arts tended to show occupational growth.
- Mixed sectors. Other industry sectors like finance, administrative, real estate, wholesale trade, and government were much more mixed.
The graphic above shows the distribution of jobs across all levels of educational attainment. We use the same 5-digit SOC codes and group them according to what their typical educational attainment is. Where possible, occupation titles are included so you can get a sense of where certain jobs fall. Here are a few quick observations:
- The OJT sectors (on-the-job training) are huge. This includes short-term OJT (lower right), moderate-term OJT (upper left), long-term OJT (middle right), and work experience in a related field (center). Also notice how the occupations in these sectors are less stable than the others. This is consistent with what was observed in the latest recession — jobs with higher education levels tend to perform better in tough economic times.
- Advanced degrees showed growth. Over the past 10 years, every occupation associated with a more advanced degree (master’s, doctoral, professional) showed some sort of growth.
- The other sectors have mixed results. Bachelor’s degrees showed more stability over the past 10 years, but there are a handful of occupations that declined since 2001. The same holds true for associate’s, postsecondary vocational awards, and degrees plus work experience.
Comments
24 responses to “Infographic: Growth of All Occupations by Industry & Education, 2001-2011”
A huge cut above most visualizations.
However, looking at the data, can it really be the case that real estate agents and financial advisors are among the highest growth jobs? I can hardly think of worse careers during this period. I suspect the 2001 to 2011 data slice hides two huge job destruction periods in 2000 and 2008.
Good question. These visualizations are based on EMSI’s complete employment dataset, which includes proprietors. The self-employed, or workers not covered by unemployment insurance and not captured in typical BLS data, factor heavily into the mix for real estate agents and financial advisors. Largely because of this additional component, these two occupations added the most total jobs in the US from 2001-2011.
Real estate agents experienced explosive growth from 2001-2007 before tailing off from 2008-2011. Financial advisor jobs, meanwhile, were pretty much stagnant from 2001-2006 before taking off; even during the recession, the occupation grew.
Email me (jwright at economicmodeling.com) if you’d like to see specific data.
Josh Wright
Senior Editor, EMSI
Very helpful, a well written piece. Looking forward for more such posts from you.Cool cufflinks
Each square on the graphic indicates a specific 5-digit occupation classified by the Standard Occupational Classification system. There are over 800 unique squares present on the charts. Large squares, like the ones on the upper right and in the retail trade sector, indicate a lot of jobs for the specific occupation code. Smaller squares indicate occupations with less jobs.
SEO Services Company
Some of this data could be easily explained by rapid development of international micro-finance sector – it provides numerous employment opportunities that have been created by the numerous microfinance institutions across the globe and the fact that members have substantial amounts of capital to invest and create self employment through business ventures.
Students are increasingly opting for such online classes and courses for getting certified with educational and professional diploma degrees in order to boost up their career opportunities in the near future.Coursework
The accessories they use were very fashionable and i love to use those accessories.The football players also look handsome with good structure.
snowmobile tours Vail
i..Your post is amazing. From long time I search for this information. But I didn’t get right thing. Thanks to you I got stuff which I am looking for. I would like to read more from you
Family vacation Colorado
It is excited to present their readership with a new series of articles, Career Profiles that i like to discuss more about this in my blog thanks for sharing.Thanks.
http://slickadvice.com/
We recently partnered with Catherine Mulbrandon at VisualizingEconomics.com to create a series of treemaps that illustrate important aspects of the labor market. In this post we provide anime online a sneak peek at two of the graphics she created. The remainder will be posted in An Illustrated Guide to Income in the United States, a booklet from Catherine set to be released this summer.
These two graphics are based on EMSI’s manga online labor market database, which is a combination of over 80 public and private data sou
The Graduate School is hosting workshop IV for faculty considering Interdisciplinary Graduate Education Program (IGEP) submissions in the future. IGEPs are supported by the Graduate School and are intended to promote and sustain interdisciplinary graduate research and education at Virginia Tech. Each IGEP addresses a major fundamental problem or complex societal issue requiring an interdisciplinary team of scholars. write my paper | do my paper
With the change of technologies we have found that people are used to take better advantages from different multimedia techniques. Here also we have found that how info-graphic techniques are using in business organizations; that shows presentation which indicate towards different strategies those are applied in business organizations. The above two info-graphic indicate about the categories (occupation by industries & occupation by education). I hope people belongs to their concerned group are getting better opportunities for growth.
Education become a weapon success in the life and apa research paper template available for students online and we help via essay services.
thanks for shaing this information.
http://top-writing-services.com
Well-prepared info. Thanks. Please, visit http://marvelous-essay.net.
I think that there is a good uprise change in all different professions and industries with remarkable career opportunities for freshers.
Chemistry Coursework
The above two info-graphic indicate about the categories (occupation by industries & occupation by education and during semester I prepare assignment to assignment expert and help me a lot.
I really like the way of thinking, its really great to have that information buddy.
I’m professional writer, i would prefer to write for those whom ask me do my assignment for me! yeah i would love to
Thanks
First I like say about your post is too awesome. And I suppose that there is a decent upraises change in all diverse callings and commercial ventures with astounding profession open doors for fresher’s. Keep posting like this. I hope that it will be helpful for students in education to get help with assignment for making excellent grade.
Opening by growth, occupations in require Connecticut occupational service and salary, lowest amount education necessary, preparation courses accessible in Connecticut… get a research paper written
graphics are great. that is really good job.
Feel free to visit http://essayjedii.com/write-my-essay/
APPLIED FINANCE
One of the most interesting areas of Finance is Applied Finance. This deals with judicial financial decision making. Here you will have to evaluate the resources you have and in making proper planning to achieve your objectives in the light of that plan.Applied finance has now become one of the most studied fields in the academia
Site:
Applied Finance
QUANTITATIVE FINANCE
Quantitative Finance is is a very important application of Finance because the mathematical finance is the most important aspect of the financial evaluation.As we know that in finance, the quantitative analysis is the use of the financial mathematics.This is often done with the help of the physical and statistical applications in order to perform financial analysis. Similarly, this analysis takes place in the most modern industries, although in many cases this analysis is not known in these sectors as quantitative analysis. In the investment industry, analysts who develop quantitative analysis are usually called quanta.
Site:
Quantitative Finance
FINANCE AND ECONOMICS
Finances are the activities related to exchange of various goods of equity between the individuals or companies and the uncertainty and the risk that these activities entail. It is also considered as one of the branches of the economy. It is dedicated to the study of raising capital for investment in production and investment decisions of savers goods. It is related to the transactions and the management of money. In this context the collection and management of funds is studied by a company, an individual, or the state itself; in other words, Finance is concerned with the collection and management of money and other securities or money substitutes, as are the titles, the bonds, etc.
Site:
Finance-and Economics