Understanding Colorado's Talent Pipeline Report
The recently released Colorado Talent Pipeline Report is a comprehensive analysis of the state's labor market, showcasing 163 occupations critical for its future growth. Located at the intersection of high demand, good wages, and growth potential, these roles are identified by economist Ryan Gedney from the state Department of Higher Education. Rather than ranking them, the report emphasizes the diverse nature and significant value of these jobs across multiple sectors, from art and technology to healthcare.
Diverse Opportunities Abound
This year, the report highlights both Tier 1 and Tier 2 top jobs. Tier 1 jobs, which must support families of three (with a median income above $86,320), feature nurse practitioners at the top, thanks to their remarkable growth rate of 62% over the next decade. Notably, data scientists and airline pilots also emerge as vital professions with competitive salaries, each contributing to the state’s economic stability.
Meanwhile, Tier 2 jobs, providing sustainable wages for individuals (median incomes between $52,978 and $86,319), include exciting roles like wind turbine service technicians and physical therapist assistants. These careers not only offer solid pay but also consist of substantial year-on-year growth, revealing a trend towards renewable energy and healthcare sectors.
Why This Matters
The focus on such a wide array of occupations reflects the changing economic landscape of Colorado. As traditional industries evolve and new sectors emerge, understanding these job trends can inform educational strategies and workforce development programs, ensuring that graduates and job seekers are equipped to meet the market's needs. It's also a call for policymakers and educators to adapt training and educational programs to align with these trends, ensuring that Coloradans are prepared for and can take advantage of these growing job opportunities.
The Talent Pipeline Report serves as a crucial tool for stakeholders, including educators, policymakers, and workforce development professionals. By shining a light on high-demand jobs, it highlights potential paths for career growth that support not only individuals but the economic well-being of communities across Colorado.
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