Aug 192014
 

A new CareerBuilder report finds that despite an education and skills gap in the U.S. labor market, workers without a college education do have tremendous possibilities for high-paying careers, according to Business Insider and Yahoo! Finance.

A great deal of the “water-cooler” response received in my recent post, Need a Job? 10 Highest Paid Careers for YOU!, asked why nearly all of the highest-paying jobs in 2014 require job seekers to have a post-secondary college degree, according to a new ranking from the job portal Careercast.com and Wall Street Journal.

Seven of the 10 highest paid positions are in the health-care industry.

CareerCast ranking drew upon information from the U.S. Bureau of Labor Statistics (BLS) and its 2014 “Jobs Rated” report.

Inside this “Need a Job?” post, a statistical question was raised, “According to the U.S. BLS data recently released, there are 2.9 million job openings out there right now. However, only less than half of these openings are being filled. Why?”

One interesting recent viewer response among many others that caught my attention addresses this question straight on. The response by Kelly Davis, Senior Software Engineer at Castle Hill Gaming, actually frames a follow-up issue being addressed by this current post.

I found it almost delightfully humorous that you would ask this question after listing these [highest paid] jobs, as if these jobs, and the 2.9 million unfilled jobs, have anything to do with each other at all. The answer [why] is, in fact, the list itself.

“The list presented ten almost impossible to get jobs. In order to do eight of those jobs you would need to have [a M.D. or] almost a Ph.D, with six of those jobs needing substantial training beyond the [M.D. or] Ph.D.

“The [petroleum] engineering job can almost certainly be done with a bachelors [degree]. And, the Air Traffic Controller is the only job on the list that is, even today, almost certainly manned mostly by people who got the job, because they enlisted in the U.S. Air Force, and were taught how to do the job. Then, they were given years, sometimes decades, of experience all over the world.

“Note that many of these careers, including the top-paying job of surgeon, can often come with a six-figure graduate school debt load,” said Tony Lee, publisher of CareerCast recently to ABC News.

ABC News took the discussion further and recently asked CareerCast to compile a list of college degrees that pay off and the average salaries of related fields.

Lee said to ABC News: “studying actuarial mathematics ranks among the top professions in CareerCast’s annual Jobs Rated Report (#4 in 2014) for its employment outlook (26 percent growth by 2022) and high annual salary.”

“Meanwhile, mathematics dominated the top of CareerCast’s report. Mathematician ranked #1, statistician #3, actuary was #4, and economist was #18.”

“An educational background in statistics provides the foundation to pursue any number of careers in math,” Lee said.

“Business-related fields can also lead to high salaries, and studying for pharmacy and chemistry-related fields can also pay off,” Lee further adds.

We are already seeing a widespread skills gap emerging in the U.S. job market, says the U.S. Bureau of Labor Statistics.

Highly-skilled professionals, like doctors, lawyers, business entrepreneurs, research scientists, oil industry engineers, and software industry engineers, requiring higher pay, push at one extreme of the job market gulf.

The “engineering physics” major is something of a catch-all engineering program for students interested in gaining a wider knowledge base, before specializing in a particular area of engineering, according to CareerCast.

A degree in bio-medical engineering is highly specialized, but the field is projected to be one of the highest growth professions of the next decade, CareerCast Publisher Tony Lee tells ABC News.

Lower-skilled workers, like home nursing aides, fast-food service providers, and store clerks, requiring lower pay, pull at the other extreme of this labor market gap.

Currently, the U.S. economic challenge for consumers and businesses is for those falling in between the gap contrasting these career skills and lifetime pay.

Fortunately, now upon further reflection and additional research, their outlook may not be as bleak for non-college degree holders, as some might at first think. As, there are indeed some great moderately high-paying jobs out there, as industrial unit supervisors, postal workers, and staff administrators.

So, here are the 20 best-paying careers to look out for in 2014, no college degree required.

With help from Economic Modeling Specialists, International, an economic software firm that specializes in employment and labor market data, CareerBuilder put together a list of the 20 best-paying occupations for workers with a high school degree. In other words, these highest paid careers do not require you to have a college degree, as also rated in Business Insider. These occupations and medium annual pay (including salary percentage growth in 2014 since 2010) is listed below:

1. Transportation, Storage, and Distribution Managers, $81,662 (7%)

2. First-Line Supervisors of Police and Detectives, $81,453 (-2%)

3. Elevator Installers & Repairs, $75,941 (4%)

4. Detectives and Criminal Investigators, $75,566 (-3%)

5. Nuclear Power Reactor Operators, $75,254 (4%)

6. Commercial Pilots, $74,318 (-1%)

7. Power Distributors & Dispatchers, $71,906 (1%)

8. First-Line Supervisors of Non-Retail Sales Workers, $71,282 (6%)

9. Power Plant Operators, $66,830 (-3%)

10. Gaming Managers, $66,539 (1%)

11. Electrical Power-Line Installers & Repairs, $64,314 (6%)

12. Transportation Inspectors, $62,837 (6%)

13. Postmasters & Mail Superintendents, $62,754 (-9%)

14. Real Estate Brokers, $61,318 (6%)

15. First-Line Supervisors of Construction Trades & Extraction Workers, $60,736 (9%)

16. First-Line Supervisors of Mechanics, Installers & Repairers, $60,590 (6%)

17. Legal Support Workers, All Other, $56,098 (-1%)

18. Postal Service Mail Carriers, $55,640 (-10%)

19. Transit and Railroad Police, $55,557 (1%)

20. Property, Real Estate, and Community Association Managers, $54,080 (7%)

What specific indicators of job growth for non-college degree holders do we see in 2014?

The Boeing 787 Dreamliner, Airbus A350 eXtra-Wide-body (XWB), and the Boeing 777-200 airliner, so prominent in the historical MH370 and MH17 international aviation stories nowadays, have raised the public’s attention to the continuing need for air traffic controllers and airliner maintenance mechanics.

The U.S. BLS, meanwhile, tracks the projected growth rate for most areas of work for engineering technicians and mechanics, although it does not always tell the complete story.

Airlines and Aviation Technician Job Postings are Growing. Aerospace engineering, for example, is growing at a rate of just 5% (slower than average, according to the BLS), but new opportunities may arise in 2014. Aerospace engineering was viewed as a downturn profession, because the field was considered mature.

Very few questions remained until Boeing’s 787 Dreamliner maiden flight above on December 15, 2009 opened up novel avenues of aircraft engineering applications of information technology (combined with alternative forms of energy and supplemental power utilization inside aircraft).

“After the development of the Boeing 787 Dreamliner to leapfrog its own 767 and Airbus’ competing A330, Airbus is at last just about ready to roll-out its return salvo to Boeing with the Airbus A350 eXtra-Wide-body (XWB),” reported Business Insider. The maiden flight of the new Airbus A350 (shown below) took place on June 14, 2013 in Toulouse, France.

“This is the ultimate “War of the Wide-bodies” — the A350 is an airplane that takes on the Seattle’s revolutionary, but troubled 787, its wide-body cash cow 777, and the future 777-X.”

The Boeing 787 Dreamliner, as America’s new shuttle, and upcoming Airbus A350 XWB in 2014 also has brought renewed jobs and career opportunities for aircraft technicians and aircraft maintenance mechanics.

These engineering technicians are now looking at how to manage the new lithium-ion auxiliary power technological leap inside the Boeing 787 Dreamliner in long-range commercial aircraft that has taken place because of Boeing’s virtual manufacturing and global innovation enterprise.

The vanishing of an engineering marvel as a Boeing 777-200, so enormous like this one operated as Malaysia Airlines flight MH370, naturally compels aviation job seekers to just stay with the story until the historical aviation safety and security mystery is resolved. When we find the answers to aviation safety mishaps, we re-energize aircraft manufacturing and spur new job creation and need for experienced aircraft manufacturing technicians, aircraft maintenance mechanics, and international airport security screening personnel.

Additional information technological leaps as cloud streaming, ‘big data’, advanced wireless-mobile, and social media will have direct impacts of spurring job creation in the digital-age of international airline business operations, cockpit aviation, navigation, and communications, air traffic control management, and international airlines safety and security screening and operations.

Environmental and Bio-medical Engineering Technician Job Opportunities are Climbing. Environmental and bio-medical engineering jobs are another professional vocation to watch. In some economically-stressed and under-served neighborhoods, there is a question of how do we look at sustainability, including biological and environmental impacts.

So, we see a tremendous growth in environmental and bio-medical engineering grand-challenge concerns these days. Particularly, we see how such concerns impact poverty, education, health, and climate.

Environmental and bio-medical engineering fields are attracting its fair share of women and diverse job seekers from all walks of life, who are interested in building sustainable societies and livable urban and rural communities.

When I headed the civil and environmental engineering department at Ohio State University, we had a large cohort of women environmental engineers, and also a healthy supply of African-American and Latino students interested in environmental engineering.

These students, along with many more non-traditional skills-enhancement adult learners enrolled in associate degree-attainment community colleges and certification programs, are particularly interested in seeking jobs for building sustainable societies around the world.

We may feel agreeably small before the intricacy of finding a job and managing a career in this tough economy nowadays. We stay awake at night wondering how our jobs market works in order to serve our household management?

How is it, at one extreme, some have so much, while at the other extreme, others so little?

How do we strike the proper balance between having a secure life and one of leisure?

How can we manage through the fear and anxiety of the job search we all sometimes have to face in our careers?

Our minds are indeed well equipped to consider our condition through the lens of these closing questions. We grow newly humble before a sense of our aspirations played out against the above expanded canvas of job opportunities presented herein.

Remember always, we are nothing yet everything in eternity. So, it’s time now to be what you ought to be. That is our larger question for YOU!

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