Employment: Be glad you’re a controls engineer!
Oak Brook, IL — If you’re worried about your job, don’t make flipping hamburgers your backup plan. You should be glad to have The Conference Board’s Help-Wanted Online Data Series (HWOL) report , released Oct. 1, demand remains strong for higher-paying jobs, but outlook worsens for many of the unemployed. Specifically, In the Production category (S/D= 5.80) and Food Preparation (S/D= 6.45) there are 6 unemployed individuals for every “help wanted” ad!
Overall S/D has been trending upward since April of 2007. Especially bad is the fact that supply has been climbing (more unemployed) while demand has been dropping (fewer jobs available).
The supply/demand ratio (S/D) is measured by dividing the number of unemployed individuals in each category by the number of online ads for that category. For Computer and Math occupations (S/D=0.13), there are over 7 advertised vacancies for every unemployed individual, and for Architectural and Engineering (S/D = 0.56) there are almost 2 (1.8, to be exact). Control engineers likely fall into either the Computer and Math or Architectural and Engineering categories.
You want to be in the Computer and Math category, however, because the year-over-year change in online ads for that category is trending upward (by 2,600 ads, or 0.4% of 617,900 ads), while it’s been trending seriously downward (-17,900 or -8.6% of 207,700 ads) in Architectural and Engineering. So, if you’re worried about your job, brush up on your computer and math skills!
— C.G. Masi , senior editor
Control Engineering News Desk