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January jobs report: Unemployment rate falls to 4%, wages rise more than forecast; Trump signs order imposing sanctions on International Criminal Court over investigations of Israel; Ten Commandments in public schools debate reaches South Dakota; Virginia ranks among worst states for wage theft; Mexican long-nosed bat makes appearance in Arizona.

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Attorney General Pam Bondi strikes a Trump tone at the Justice Department, federal workers get more time to consider buyouts, and an unclassified email request from the White House worries CIA vets.

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During Black History Month, a new book shares how a unique partnership built 5,000 schools for Black students, anti-hunger advocates say ag communities would benefit from an expanded SNAP program, and Americans have $90 billion in unpaid medical bills.

Report: Percentage of good jobs, skilled trades to increase over next decade

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Tuesday, August 27, 2024   

As the economy continues to struggle with inflation and ongoing fears of a potential recession, a new report found the nation's labor market will add more good jobs in the next decade.

Skilled trades will offer solid career pathways and are even more promising due to massive public and corporate investment in infrastructure and the transition to green energy.

Artem Gulish, senior federal policy adviser in the Center on Education and the Workforce at Georgetown University and co-author of the report, said most good jobs will require bachelor's degrees or specialized credentials.

"Sixty-six percent of good jobs will go to workers with a bachelor's degree or higher, and 15% will go to workers with a high school diploma or less," Gulish reported.

A good job is defined as paying at least $43,000 a year and a median annual salary of $74,000 for workers age 25 to 44. West Virginia is among five states with the greatest expected share of jobs for workers with a high school diploma or less, according to data from the Center.

The mass exit of baby boomers from the workforce and artificial intelligence in the coming decade will cause shifts in many sectors of the economy. Gulish pointed out blue-collar jobs such as construction, health care, maintenance and repair will increasingly require postsecondary training.

"Those jobs are increasingly going to be shifting to middle-skills workers with more specialized skills," Gulish emphasized.

The report also pointed to job quality beyond salary in the future jobs landscape, including access to health care plans and retirement benefits. The data show 89% of workers in the highest wage bracket have access to health care plans and retirement benefits, compared with only 30% of workers in the lowest bracket. Flexible work schedules and access to wellness programs are more common among in higher-income jobs.

Support for this reporting was provided by Lumina Foundation.


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