In the first quarter of 2013, many establishments that provide home care for the elderly were reclassified from NAICS 814110 (private households) to 624120 (services for the elderly). This reclassification, while appropriate according to the BLS, may cause problems for anyone analyzing the health care industry, especially in the regions that were most affected.
The benefit of higher education for an individual is well established: higher wages and lower unemployment rates among other things. But what about the benefits for communities? A recent study suggested a surprising answer.
In the region-to-region battle for jobs and investments, having a postsecondary training pipeline aligned with industry needs is a nice competitive advantage. When examining postsecondary awards data for engineers, for example, it is easy to see inequalities in the system that can contribute to shortages or surpluses in some regions of the nation.
In the 2011-12 academic year, an estimated 113,742 awards were granted in the United States that flow into careers in engineering occupations. (An aside: Chmura Economics & Analytics models the complex interaction between graduate supply and occupation demand. Through this model, every award is linked to an occupation for which it provides training. The occupation awards data cited here are the product of this modeling.) The map below shows the production by state for all engineers as well as five specific types of engineers—use the dropdown box to update the map.