Just how important is the "fastest growing job" list?

Question

The more complex your job is and more highly educated / paid you are, the more specialization there is.

Thus if the local bank hires a new credit analyst, and the local insurance company hires a new fixed income securities analyst, and the local hedge fund hires a new portfolio analyst, and the local retail firm and the local health insurance company each hired a business analyst, these analysts all might be classified differently.

But if two of the five firms hired a new janitor, they're both janitors.

In this example is it accurate to say that the fastest growing job category was janitor?

There is far less specialization at the lowest levels and far more at the upper levels and this is addressed only to a limited extent when the Census Bureau ranks job growth - thus the "fastest growing jobs" will almost always be at the bottom even if most of the job growth is at higher income levels.

outcrop again, yes some jobs go to foreigners - like tailors - but we have 4.6% unemployment, so it's NOT "most" jobs.

Beren, it's an example. Job specialization grows the higher up the pay scale you get, and this is addressed only minimally by the Census Bureau in calculating the fastest growing job category. The point is that because of specialization being much greater the higher up you go, it will almost ALWAYS be the case that "the fastest growing job title" will be at the bottom end, even if the total job growth at the bottom is less than that at the middle or top.

Answer 1

I would think, regardless of how classification works, that it is important that more job growth comes from the lower income jobs anyway.
Those type of jobs are most often springboard jobs, which allow new comers to the job market entry into the labor force. With career field becoming more and more specialized, young people today have less of a grasp on what field they want to get into. These jobs not only get young people life experience, they also help support students in college.

Answer 2

"Thus if the local bank hires a new credit analyst, and the local insurance company hires a new fixed income securities analyst, and the local hedge fund hires a new portfolio analyst, and the local retail firm and the local health insurance company each hired a business analyst, these analysts all might be classified differently."

Maybe they will be classified differently maybe they won't. How do you know?

"But if two of the five firms hired a new janitor, they're both janitors."

Maybe one will be a janitor and one will be a laborer.

Why all the speculation?

Answer 3

Fastest growing job lists are made to direct people into a certain field that the economy needs to reduce the labor costs.

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this isn't what determines your pay. supply and demand which your type usually quotes for all other situations, is what determines your pay. If your career market is flooded, it doesn't matter how educated or complexed your job is.

Answer 4

certainly that is extremely the opposite! real in the previous 9/11 it replaced into claimed to be the quickest turning out to be yet even then it replaced into doubtful now it might desire to be an completely fake declare! The problemn is going lower back to a dispute over who had non secular authority over the Muslim community after the dying of the prophet Muhammad in what's called the “fitna” which interprets as temptation or trial and brought about each and every of the discord interior Muslim community. Shi’ite Muslims have self assurance that authority replaced into vested in his kin; the Sunnis seem to the sayings and strikes of Muhammad besides because of fact the Koran. the severe sectarian violence has been extra approximately by ability of Al-Qaeda Which whilst being solely Sunni intentionally set Shi’ites and Sunnis to kill one yet another in Iraq. regrettably extra muslims die by ability of muslim hands each and each month than have been killed by ability of the invading forces in the warfare! Hamas additionally kills a lot extra muslims than the Israelies ever have! an ordinary of over thirty 5 muslims a week have been being killed by ability of muslims yet those days that has frequently been in the 1000's! no rely if that could be a Danish caricature, e book of fiction or another excuse, Muslims hit the streets international huge rioting, looting, burning and uttering dying threats!! on the fee muslims are killing muslims it may in basic terms be the quickest shrinking faith!

Answer 5

Oopsie...

It may interest you to know than many KEY areas of Specialist jobs in the US (Namely science and engineering and technical and medical fields) are awarded to foreign nationals, since in the US, we have a poor rate of graduates in the Sciences and technical fields..

So why we often create many of these jobs, they are not going to US citizens

Answer 6

any job listed on the fastest growing job list is so detatched from my industry that i really could not care less.