Report details employment trends through 2014

Over 425,000 new jobs are expected in Ohio by 2014, according to a report released by the Ohio Department of Job and Family Services. The Ohio Job Outlook to 2014: Executive Summary forecasts growth by industry and occupation to help Ohio employers, educators and job seekers prepare for the future.

The fastest growing occupations between 2004 and 2014 will be in the professional and related category. Education will be a primary factor for workers seeking to cash in on the growth over the next decade. Workers with higher levels of education or training will have more options in the job market and better prospects for obtaining higher-paying jobs. For the 2014 projections, the education analysis is provided by both education and training level and educational cluster. Educational cluster analysis is based on the level of education of persons currently working in that occupation. It divides attainment into three groups: high school, some college and college.

Additional items of interest from the report include:

• Education and health services are projected to add one of every three new jobs, while over one in four jobs will be gained in professional and business services.
• Health care occupations will account for 23 percent of the jobs created over the next decade, due largely to increasing health care needs for an aging population.
• Professional and related workers, the fastest growing occupational category, will account for over 150,000 new jobs by 2014, or about 35 percent of the growth.
• More than three-fourths of the job openings in the Ohio economy result from the need to replace existing workers who will leave the labor force. The remaining percent of total job openings expected will occur due to net employment growth. Including net replacement needs, the Ohio economy is expected to average about 190,000 annual openings.
• The highest projected rate of job growth by educational cluster is 16.2 percent for those occupations that are categorized as having most workers in the combined category of having attended college or having graduated from college. This is followed by 13.1 percent projected growth rate for occupations categorized as having primarily a college education.

The report, as well as more detailed projections information, and a power point slide presentation are available online either at http://lmi.state.oh.us or at http://OhioWorkforceInformer.org. A printed copy of the report may also be obtained by mail by calling LMI at (614) 752-9494.

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For more information, contact ODJFS Communications, (614) 466-6650.