In the United States, “there will be 55 million job openings through 2020, and 35% of them will require at least a bachelor’s degree,” a recent Georgetown University Center on Education and the Workforce report finds. Confirming this data is a 2017 survey by CareerBuilder that says 41% of the employers in the country are hiring educated workers. The jobs that were once filled by people with just a high-school diploma are now being given to college graduates.
Over the last five years, employers have raised the bar in their hiring criteria, with many of them now preferring college graduates. In fact, research also says the class of 2018 can expect better chances of being hired by employers: a 4% increase in hiring possibilities to be exact.
These numbers imply, among other things, that earning a college degree–and consciously doing a course search to suit the job market–truly matter.
Why An Educated Workforce?
A college degree equips people with knowledge and the necessary skills that ultimately, should gain them stable sources of income through business and mostly through employment. It is every student’s dream to be get into reputable colleges and increase their chances of landing a high-paying job in a prestigious firm. But all things considered, education is not only about individual enrichment or fulfillment; it is also key to advancing the country’s economy.
There is evidence that well-paying jobs often go to college graduates. This is because when it comes to hiring an educated workforce, the pros outweigh the cons. For one, by hiring well-informed individuals, businesses can be confident that the benefits can be long-term: an educated individual has broader knowledge and greater potential to take on more responsibility down the road.
With new international markets emerging, an educated workforce is more likely to adapt to new cultures. It is perceived that students who leave home to earn their degree or pursue higher education in prestigious institutions abroad perform better in this respect.
Overall, well-educated workers are “more goal oriented”, “deliver better work performance”, and better at having “a dynamic perspective and innovative thinking” than less-educated counterparts, according to business information site Bizfluent.
U.S. States and The Educated Workforce
Did you know that determining the states with the most demand for educated workers can make your job hunting easy? Interestingly, some of the 50 states don’t require educated workers as much as the others. Wyoming, Rhode Island, and Vermont have the fewest demand for college graduates, according to a 2015 CEW Georgetown University Report. As to the states that require a college degree for employment, their levels of demand vary.
We list six states that welcome college graduates with better chances at getting a job with a bigger paycheck:
Washington State has a high demand for a college-educated working force. The main reason? It is home to some of the biggest tech companies such as Microsoft Corporation and Amazon. Proving this fact is the ratio of online job ads for every college-educated worker being three times more than the national average–the highest in the country.
A 2017 report by the Washington Council of Presidents revealed that by 2020, about 70% of the jobs in Washington will require some post-secondary education. Some 33% of companies will hire employees that hold at least a bachelor’s degree.
Washington is a magnet for well-educated workers. It attracts several of graduate from Rhode Island and West Virginia, two states with a significantly lower demand for educated workers but produce a relatively high number of college graduates.
Generally, science, technology, engineering and mathematics–the STEM courses–are largely favored in Delaware. This doesn’t come as a surprise because there are more than a million business entities, comprising of publicly traded companies and Fortune 500 companies, that are incorporated in the State.
Delaware is ideal for college graduates who hold degrees in healthcare, administration, and related disciplines. A huge chunk of the job vacancies in Delaware require well-educated workers who specialize in these fields. It is estimated that in the next 5 years, demand for home health aid workers and personal care givers will increase by at least 100% increase.
In striving to invest in its students in whose hands lie the future of the workforce, the State partners with organizations to fund efforts for students to “pursue continuing education and competitive employment”.
In the year 2016, half of all the working force in Massachusetts has a college degree. This was the first time any US state reached this statistic, as reported by Boston Global News.
In 2017, the state’s dramatic shift in hiring requirements since the year 1979 was in full swing. Almost four decades years prior, only 20% percent of the total working force were holders of a college degree. Today, industry projections in Massachusetts point to employment trends leaning toward Professional, Scientific, and Technical Services, Educational Services, Accommodation and Food Services, Retail Trade, and Manufacturing over a 10-year period.
It is important to note that in Boston, 58% of millennials are college graduates. The city is also home to higher education institutions Harvard University and Massachusetts Institute of Technology, among others. Recent data from the Bureau of Labor Statistics reveal that in Boston area, one of the identifiable employment regions in the State, the largest local employers are those in the professional and business services, education, and health services industries.
Over a 10-year period ending 2024, projected job openings based on employment growth and replacement needs in Minnesota are in the retail, food preparation, nursing, home health, customer service, administrative, general and operations industries. The North Star state also has a relatively high concentration of teacher assistant jobs that in most cases require at least an associate’s degree.
The State government is Minnesota’s largest employer. To date, there are more than 50,000 employees across a hundred agencies, commissions, colleges, and universities within the state.
Minnesota’s Employment and Wage Outcomes Report reveals that more than 60% of all holders of Sub-Baccalaureate Certificates, Bachelor’s, Associate, and Graduate degrees end up working in health care and social assistance and education sectors. All these imply that the State is haven for individuals who have had substantial training and education in these disciplines, underscoring that the skills sets acquired through education “are quite marketable.”
In the State of California, 32% of all residents are holders of bachelor’s degree or higher, which translates to a massive one-third of its workforce possessing higher education qualifications, like a Master’s or a Doctorate Degree. The California’s Employment Development Department (EDD) and the Public Policy institute of California (PPIC) project that by 2020, there will be a 16% increase in the job openings, and 30% of these occupations will require at least a college degree.
With a thriving economy, California’s demand for highly educated workers is on the rise. While this is good news, the State’s higher educational system is not keeping up with this trend. The California’s booming economy will need numerous positions filled by 2030, but an estimated shortfall of 1.1 million college graduates is posing a serious problem.
One of the most noteworthy employers in Texas, and with operations in State since 2013, is Amazon. The retail giant has a software development center in Austin and fulfillment centers in Coppell, Dallas-Fort Worth, Humble, Schertz, and San Marcos. Needless to say, these fulfillment centers, particularly in Dallas, creates hundreds if not thousands of full-time jobs.
The problem? Dallas-Fort Worth produces a relatively low number of college-educated millennials. In fact, the Dallas Regional Chamber launched the “Say Yes to Dallas” campaign in 2017 to lure new, young, college-educated, and competitive talents to fill the numerous job positions as Amazon, among other big companies, flock to the metropolitan. They welcome graduates with a field concentration in technology to add to the growing number of tech workers in the area.