Missoula jobs growth will mimic
national trends By BETSY COHEN
Despite the economy-thumping recession and its ripple effects,
the fiscal storm won’t likely mess with the projected 2010 job
forecast.
Trends are driven by needs and even a recession can’t derail
demands for things we need to make our daily life function, said
Jacqueline Michael-Midkiff, a regional economist with the U.S.
Bureau of Labor Statistics who oversees the Mountain-Plains Region.
Because of that, the many projections experts have compiled that
show where the jobs are in 2010 and beyond aren’t expected to
change.
Some of those lists and trends are on the following pages of this
publication, along with a Q & A interview with Michael-Midkiff,
who talks about how Montana fits into the greater employment
picture.
But what will we see locally? The answer, economists say, is what
we will see nationally.
Expect slower population growth, a decreasing labor force, and a
continuing shift from a goods-producing economy to a
service-producing economy, according to recently released data from
the labor bureau’s 2008-2018 employment projections.
The largest areas for job growth and opportunity will be found in
the employment sectors described as professional and business
services, including management, scientific and technical consulting,
computer systems design and employment services.
Over half of all new jobs in the U.S. economy – over 8 million
jobs – will spring from professional and business services and
health care services combined.
Of the 10 industries projected to have the largest declines, four
are in manufacturing.
For anyone skeptical about this government-collected and
-assembled data (all of which can be found at www.bls.gov), keep in
mind the recent announcement of Macy’s closure in downtown Missoula
and take note.
Where do the government prognosticators believe the single
largest decline in jobs will be found? In department stores.
Among the biggest trends driving the job market: aging baby
boomers – the largest demographic group in the U.S. – and the needs
they will have as they grow older, better medicine and the spin-off
support services that innovation will demand, as well as rapid
technology growth and the numerous opportunities that will evolve
from the rapid advances of ideas and services.
WorldWideLearn, an online directory of education, is banking on
these trends and is promoting training programs around the top 10
jobs the directory service believes will be most in demand for this
new decade.
Here’s its list: 1. Computer Programmer; 2. Day Care Provider; 3.
Elder Care Specialist; 4. Employment Specialist; 5. Environmental
Engineer; 6. Home Health Aide; 7. Management Consultant; 8.
Networking Specialist; 9. Physician Assistant; 10. Social Services
Coordinator.
Reader’s Digest magazine recently collaborated with the Hudson
Institute, which is a think tank that analyzes workforce trends, and
identified five fields that will offer growth in the near future:
health care, technology, security, financial services and knowledge.
Among the many areas, Reader’s Digest offered some specifics
areas where job opportunities will be most promising: surgical
technologist, health care administrator, registered nurse, computer
troubleshooter, (telecommunications) equipment product manager,
video-game developer, security equipment installer, quality
assurance manager, claims adjuster, financial advisor, financial
analyst, medical records technician, and technical writer.
The future, as envisioned in the labor bureau data, supports what
economists predict locally.
“Where the job growth is projected to occur nationwide is also
where Missoula’s job growth and economic restructuring has been
concentrated the last 10 to 15 years,” said Larry Swanson, director
of the O’Connor Center for the Rocky Mountain West.
“Our future is not in manufacturing and wood products, although
there will be some of this,” Swanson said. “Our future is in health
care – which will continue to be one of the fastest-growing areas of
the U.S. economy – professional and technical services, plus
business and financial services.”
This year and in coming years, employment will grow in the fields
of engineering, architecture, geological services, financial
planning, accounting, actuary, research, home health care providers
and services tied to elder care, Swanson said.
Job expansion will also be tied to the University of Montana,
where research and graduate programs will likely expand roughly
three to four times over the next seven years.
Missoula has a lot to look forward to, Swanson said, but it would
do well to be aggressive in seeking success and opportunity.
“Missoula needs to become more intentional about where it wants
to go economically to really assure our future prosperity,” he said.
“We are now largely riding growth – not investing and planning for
how we want it to occur.”
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