For One of the Best Jobs, Get a Good Education

One message that you will hear again and again from people who provide career information is that the importance of higher education has grown over the past several years. Today I’d like to offer one more piece of evidence supporting this argument.

This month, the sixth edition of Best Jobs for the 21st Century has been released by JIST Publishing. I have been involved in updating this book since the third edition, which came out in 2002.

I thought it would be interesting to see how educational requirements have changed, over 10 years and three editions, for the mix of occupations included in this book. You should understand that in all the editions of this book, occupations were not selected to represent a cross-section of the levels of required education and training. Instead, the occupations were selected (from a pool of those for which data was available) entirely on the basis of their economic rewards--specifically, their combined rankings on average earnings, projected growth, and projected annual job openings.

As it happens, most of the occupations with the very best economic rewards also require a high level of skill and therefore many years of education. However, Best Jobs for the 21st Century has always included several hundred occupations--not just the very best jobs, but also the good jobs. As a result, the book has always included many occupations that require only on-the-job training, work experience, or very short educational programs for entry.

But has the mix of entry requirements changed over the years?

Here’s what I found when I compared the educational requirements of occupations in the two editions, 2002 and 2012.

Level of Education/Training	Occs. in 2002 Edition	Occs. in 2012 Edition
Short-term on-the-job training	15%	10%
Moderate-term on-the-job training	15%	10%
Long-term on-the-job training	10%	6%
Work experience in a related occupation	7%	8%
Postsecondary vocational award	8%	6%
Associate degree	7%	7%
Bachelor's degree	17%	23%
Bachelor's or higher degree, plus work experience	6%	8%
Master's degree	11%	7%
Doctoral degree	2%	11%
First professional degree	3%	3%

You can see that the overall trend is toward increased education. All three categories of on-the-job training are not as well represented in 2012 as they were in 2002.

The lesson to take away should be clear: Earnings and job opportunity are declining in occupations that don’t require a college education. Higher education is the entry ticket to highly rewarding jobs.