Employment Outlook for Aviation Mechanics

Size: px
Start display at page:

Download "Employment Outlook for Aviation Mechanics"

Transcription

1 Employment Outlook for Aviation Mechanics Michael Wolf ATEC Annual Conference March 18, U.S. BUREAU OF LABOR STATISTICS bls.gov

2 Overview n Background information n BLS projections process and findings n Results for aviation-related occupations 2 U.S. BUREAU OF LABOR STATISTICS bls.gov

3 Employment Projections Background n 10-year projections made every 2 years n projections cover more than 800 occupations and 300 industries n BLS projections prepared at the national level only BLS projections serve as an input for state and local employment projections 3 U.S. BUREAU OF LABOR STATISTICS bls.gov

4 Projections Uses n Career counselors and students making career choice decisions n Jobseekers looking to find work or switch occupations n Education and training officials making decisions on policy, funding, and program offerings based on demand for occupations n Researchers interested in how the economy is changing 4 U.S. BUREAU OF LABOR STATISTICS bls.gov

5 Employment Projections Products n Occupational Outlook Handbook n Career Outlook n Long-term employment projections by industry and occupation n Technical materials occupational openings, education and training categories, and more 5 U.S. BUREAU OF LABOR STATISTICS bls.gov

6 Employment Projections Process Labor Force Total and by age, sex, race and ethnicity Aggregate Economy GDP, total employment, and major demand categories Industry Final Demand Sales to consumers, businesses, government, and foreigners Occupational Employment Job openings due to growth & separations Industry Employment Labor productivity, average weekly hours, wage & salary employment Industry Output Use and Make Relationships, Total Requirements Tables 6 U.S. BUREAU OF LABOR STATISTICS bls.gov

7 Total Nonagricultural Wage and Salary Employment Millions of non agricultural wage and salary jobs Recession year Actual Projected U.S. BUREAU OF LABOR STATISTICS bls.gov

8 The Labor Force is Aging 100% 80% 60% 40% Percent distribution of the labor force and older 45 to to 44 20% to 34 0% Projected to 24 8 U.S. BUREAU OF LABOR STATISTICS bls.gov

9 9 U.S. BUREAU OF LABOR STATISTICS bls.gov (Continued on next slide) Healthcare Occupational Groups are Projected to Grow Fastest Percent employment growth, projected Average, all occupations = 7.4% Healthcare support 23.6% Personal care and service occupations 19.1% Healthcare practitioners and technical Community and social service occupations Computer and mathematical 15.3% 14.5% 13.7% Construction and extraction Life, physical, and social science Business and financial operations Education, training, and library Food preparation and serving related Building and grounds cleaning and maintenance 11.0% 9.6% 9.6% 9.4% 9.3% 9.3%

10 Production and Farming, Fishing, and Forestry Occupational Groups are Projected to Decline Percent employment growth, projected (Continued) Legal Management Architecture and engineering Installation, maintenance, and repair Transportation and material moving Arts, design, entertainment, sports, and media 9.1% 8.5% 7.5% 6.6% 6.2% 6.1% Protective service 4.5% Sales and related 2.9% Office and administrative support 0.6% Farming, fishing, and forestry Production -4.3% -0.3% Average, all occupations = 7.4% 10 U.S. BUREAU OF LABOR STATISTICS bls.gov

11 5 of the 10 Fastest Growing Occupations are Related to Healthcare Percent change, projected Employment change, projected (in thousands) Median annual wages, May 2016 Solar photovoltaic installers 104.9% 11.8 $39,240 Wind turbine service technicians 96.3% 5.6 $52,260 Home health aides 47.3% $22,600 Personal care aides 38.6% $21,920 Physician assistants 37.3% 39.6 $101,480 Nurse practitioners 36.1% 56.1 $100,910 Statisticians 33.8% 12.6 $80,500 Physical therapist assistants 31.0% 27.4 $56,610 Software developers, applications 30.7% $100,080 Mathematicians 29.7% 0.9 $105, U.S. BUREAU OF LABOR STATISTICS bls.gov

12 Projections for Aviation-Related Occupations Percent change, projected Employment change, projected (in thousands) Median annual wages, May 2016 Avionics technicians 6.0% 1.1 $60,760 Aircraft mechanics and service technicians 4.9% 6.4 $60,170 Airline pilots, copilots, and flight engineers 3.4% 2.9 $127,820 Air traffic controllers 3.5% 0.9 $122,410 Flight attendants 10.2% 11.9 $48, U.S. BUREAU OF LABOR STATISTICS bls.gov

13 Occupational Growth Growth Current employment level Current employment level 13 U.S. BUREAU OF LABOR STATISTICS bls.gov Time t Time t+1

14 Total Occupational Openings Growth and separations Opportunities due to growth Current employment level Opportunities due to separations Same occupation Total Openings 14 U.S. BUREAU OF LABOR STATISTICS bls.gov Time t Time t+1

15 Occupational Openings Due to Separations and Growth Aircraft Mechanics and Service Technicians Occupational openings, annual average Occupational Transfers 6,000 Labor Force Exits 4,200 Growth ,000 2,000 3,000 4,000 5,000 6,000 7, U.S. BUREAU OF LABOR STATISTICS bls.gov

16 Occupational Openings Due to Separations and Growth Avionics Technicians Occupational openings, annual average Occupational Transfers 1,400 Labor Force Exits 1,000 Growth ,000 1,200 1,400 1, U.S. BUREAU OF LABOR STATISTICS bls.gov

17 Contact Information Michael Wolf Division Chief Division of Occupational Employment Projections U.S. BUREAU OF LABOR STATISTICS bls.gov