Department releases state's long-term job outlook

The Michigan Department of Technology, Management and Budget released the latest long-term employment projections to a crowd of state policy and decision makers at the inaugural Michigan Occupational Outlook Conference. Based on the projections, the bi-annual Hot 50 and the annual Career Outlook provide information for careers that will be in the highest demand through 2026 in Michigan.

“The data compiled in these lists are invaluable to students and jobseekers alike as they make decisions about their futures,” said Jason Palmer, director of DTMB’s Labor Market Information and Strategic Initiatives Bureau. “It is our goal to provide our education and workforce development partners with credible, relevant, timely and transparent information to help them advise their constituents.”

The Hot 50 lists the top high-demand, high-wage careers through 2026. It features the career title, projected annual openings, hourly wage range, job growth information and the education or training level needed. The Career Outlook brochure features the highest demand jobs based on education level and features the top jobs in STEM careers.

This year marks the first that an updated methodology was used to project future job openings. The U.S. Bureau of Labor Statistics launched the new method in October 2017. The Separations Methodology better reflects the evolution of the workforce in the last 20 years and will help stakeholders better understand what will happen in the dynamic new economy.

The first-ever Michigan Occupational Outlook Conference brought together representatives from education, state government, the Legislature and workforce development to learn about the information available to them and how it is developed.

More statistical information about Michigan’s economy, labor force, population and more is available at www.michigan.gov/lmi or through the MiEconomy app available for iOS and Android.

––––––––––––––––––––
Subscribe to the Legal News!
https://test.legalnews.com/Home/Subscription
Full access to public notices, articles, columns, archives, statistics, calendar and more
Day Pass Only $4.95!
One-County $80/year
Three-County & Full Pass also available