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Archive for the ‘Fastest Growing Careers’ Category

What Are the Fastest Growing Careers?

In attempting to ascertain which career fields will expand most rapidly in the coming years, while it’s certainly possible just to guess on the basis of anecdote (“my sister got hired as a dog groomer, and the people she talked to said there are more and more jobs like that opening up”) and common sense observations (“those virtual reality games seem really cutting edge; I’ll bet there will be a lot of jobs designing those”), what’s a lot better is to do some serious research and number crunching.

This is exactly what the good people at the Bureau of Labor Statistics do as a part of their job. The Bureau’s “Occupational Outlook Handbook, 2010-2011 Edition” is an excellent source of information and analysis concerning job trends.

One of its most valuable features is its detailed listings of job categories and their expected increase or decrease. These projections are made on a decade-long basis, with the most recent being for the 2008-2018 period.

As a starting point for discussion, here are the top 20 such occupational categories, and the number of jobs they are projected to add over this ten year period:

Registered nurses: 581,500

Home health aides: 460,900

Customer service representatives: 399,500

Combined food preparation and serving workers, including fast food: 394,300

Personal and home care aides: 375,800

Retail salespersons: 374,700

Office clerks, general: 358,700

Accountants and auditors: 279,400

Nursing aides, orderlies, and attendants: 276,000

Postsecondary teachers: 256,900

Construction laborers: 255,900

Elementary school teachers, except special education: 244,200

Truck drivers, heavy and tractor-trailer: 232,900

Landscaping and groundskeeping workers: 217,100

Bookkeeping, accounting, and auditing clerks: 212,400

Executive secretaries and administrative assistants: 204,400

Management analysts: 178,300

Computer software engineers, applications: 175,100

Receptionists and information clerks: 172,900

Carpenters: 165,400

Now let’s take a look at a few things that are striking about the expected job trends:

1. Health care jobs are on the upswing.

A whopping four of the top nine jobs on the list are in the medical field. Various others that made the top 20 overlap with the medical field. (Hospitals, medical practices, health insurance companies, etc. certainly need bookkeepers, secretaries, and receptionists and the like.) If you have any interest, any aptitude at all for working in the health care field, your prospects for employment are excellent.

2. Jobs that can’t be outsourced are more likely to increase.

Note how many of the jobs on the list require being physically present. One partial exception is number 3 on the list, “customer service representatives.” A certain percentage of those jobs can be outsourced, if we’re talking about phone and e-mail customer service. English-speakers (or alarmingly often, people who only fit in that category in the loosest sense) located anywhere in the world are now pegged to do those jobs.

But for the most part, the jobs that are increasing the fastest are those one has to be present to do. To be an in-home health care worker, to work the counter at a fast food restaurant, to do the landscaping on a piece of property, one has to be physically at that location, not merely connected in some cyber/virtual/high tech/telecommunications/computer manner from some other country or continent.

3. High tech jobs don’t fare as well as expected.

If you were to ask people on the street who’ve never seen this data what jobs they think are increasing the fastest, probably most would pick all or mostly computer and technology-related jobs—”software this,” “computer that,” “systems whatever.”

But that’s not reflected at all on the actual list. Granted, elementary school teachers, accountants, office clerks, etc. use computers and related technology as tools in their work, but you have to go all the way down to number 18, “computer software engineers, applications,” to find a truly “tech” job.

4. “Low end” jobs are increasing the most.

Of the 20 occupational categories on the list, only five typically require as much as a bachelor’s degree, and only one or at most two typically require more education than a bachelor’s degree. Zero of the 20 pay median annual full time wages of $100,000 or more. Only five pay even $50,000. Seven pay less than $25,000. So we’re talking about a lot of jobs where even people who are lucky enough to be employed will likely be doing plenty of moonlighting, need a partner also working full time, have to scrape just to get by, or multiple of the above.

This is not to say higher education isn’t still hugely advantageous for getting a “good” job, but as far as just getting a job at all in the fastest growing fields, you typically would be better off stopping at a high school or associate’s degree, and focusing on internships and on the job training.

What this last point especially underscores is that there is a big difference between jobs that are increasing and jobs that are worth seeking. The fact that a lot of Xs will be needed in the next few years is merely one of many factors to take into account in deciding one’s future. You also have to look at how much a job pays, how intrinsically interesting and fulfilling you would find it, how dangerous it is, what ethical issues it would raise for you, and on and on.

But it certainly helps to know if a given job is dying out or on the rise. And the projections from the Bureau of Labor Statistics are quite useful in that regard.



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