Supply and Demand

Despite continuing unemployment, the United States is actually not producing enough people with the certificates and training needed for growing jobs. According to an article by Jacques Steinberg in the New York Times:

The number of jobs requiring at least a two-year associate’s degree will outpace the number of people qualified to fill those positions by at least three million in 2018, according to a report scheduled to be released Tuesday by the Center on Education and the Workforce at Georgetown University.

The report makes clear that some education after high school is an increasing prerequisite for entry into the middle class. …Sometimes a certificate in a particular trade, a two-year associate’s degree or just a few years of college may be as valuable to one’s career (and income) as a traditional bachelor’s degree.

This trend is clear to many economists but the American education system hasn’t caught up to this reality yet. It appears that the country simply doesn’t have enough people with two year degrees or certificates. These are qualifications Americans need in order to get hired for the fastest growing, high paying jobs.

Check out the report here.

Daniel Luzer

Daniel Luzer is the news editor at Governing Magazine and former web editor of the Washington Monthly. Find him on Twitter: @Daniel_Luzer