Fastest Growing Jobs in the US: Predictions for the Future
As the U.S. and global economies evolve, certain jobs are projected to be in high demand. This article explores these roles, using data from the U.S. Bureau of Labor Statistics (BLS), as reported by Visual Capitalist's Janna Ross.
Job Growth Trends
According to BLS estimates, a net growth of 6.7 million new jobs is expected from 2023 to 2033. Home health and personal care aides are projected to account for 12% of this total.
The aging population is a significant factor in this trend, with four out of the top 10 occupations by job growth being related to healthcare.
In addition to healthcare, roles within the food service industry are also expected to grow. The BLS attributes this to population and income growth, which will likely increase consumer demand for prepared food. However, it's worth noting that these roles currently pay significantly below the overall U.S. median wage of $48,060.
Top Careers for the Next Decade?
Fortunately, many of the jobs with high growth projections also offer above-median pay. For example, software developers, who earn just over $132,000 per year, are expected to be in high demand. This is due to the anticipated increased need for software for AI, robotics, cybersecurity, and electronics powered by the Internet of Things.
Financial managers, who earn more than triple the U.S. median wage, are also expected to be in high demand. These roles typically involve analyzing data and advising senior managers on ways to maximize profits. Risk management, in particular, is expected to be a sought-after specialty as institutions place greater emphasis on stability in the wake of banking failures.
For information on jobs that will likely see less demand, refer to this graphic on the occupations projected to experience the most job cuts over the next decade.
Bottom Line
Predicting job growth trends is a complex process that involves considering various economic, demographic, and technological factors. While these projections offer valuable insights, they are not set in stone. What are your thoughts on these job growth predictions? Do you agree with them, or do you see other roles becoming more prominent? Share your thoughts and this article with your friends. Also, remember to sign up for the Daily Briefing, which is delivered every day at 6 pm.
Fastest Growing Jobs in the US: Predictions for the Future
As the U.S. and global economies evolve, certain jobs are projected to be in high demand. This article explores these roles, using data from the U.S. Bureau of Labor Statistics (BLS), as reported by Visual Capitalist's Janna Ross.
