These are the fastest growing jobs in the United States

How will the labor market evolve over the next decade?

The employment landscape is constantly changing. While agricultural jobs played a big role in the 19th century, a large portion of jobs in the United States today are in administration, sales or transportation. So how can job seekers identify the fastest growing jobs of the future?

The US Bureau of Labor Statistics (BLS) predicts that there will be 11.9 million new jobs created from 2020 to 2030, an overall growth rate of 7.7%. However, some jobs have a growth rate that greatly exceeds this level. In this graph we use BLS data to show the fastest growing jobs (and the fastest shrinking jobs) and how much they each pay.

The 20 most dynamic jobs

We used the data set that excludes occupations with an above-average cyclical recovery after the COVID-19 pandemic. For example, jobs such as film projectionists, ticket takers and restaurant cooks were cut. Once these exclusions are made, the resulting list reflects long-term structural growth.

Here are the fastest growing jobs from 2020 to 2030, along with the number of jobs that will be created and the median salary for the position.

Wind turbine maintenance technicians have the fastest growth rate, with installers of photovoltaic solar panels (solar panels) taking third place. Rapid growth is driven by demand for renewable energy. However, given that these are relatively small occupations, the two roles together will represent approximately 11,000 new jobs.

Nine of the 20 fastest growing jobs are in health care or related fields as the baby boomer population ages and chronic diseases increase. Home helpers and personal care aides, who help with routine health tasks such as bathing and eating, will account for more than a million new jobs over the next decade. This will represent almost 10% of all new jobs created between 2020 and 2030. Unfortunately, these workers are the lowest paid on the list.

Jobs related to computers and mathematics are also expected to experience strong growth. BLS expects strong demand for computer security and software development, in part due to the increase in the number of people work from home.

The 20 most declining jobs

Structural changes in the economy will lead to a fairly rapid decline in some jobs. Here are the top 20 jobs where employment is expected to decline the fastest over the next decade.

Eight of the 20 most declining jobs are in clerical and administrative support. This could be of concern, given that this category currently accounts for nearly 13% of employment in the United States, the largest of all major categories. Jobs involved in the production of goods and services, as well as sales jobs, are also experiencing declines.

In all cases, automating is probably the biggest culprit. For example, software that automatically converts audio to text will reduce the need for typists.

While the jobs that shrink the fastest are usually in the lower salary range, there is an outlier. Nuclear reactor operators, who earn a salary of over $ 100,000, will see their jobs drop at a high rate of -33%. No new nuclear power plant has opened since the 1990s, and nuclear energy faces stiff competition from renewable energy sources.

Attention: compulsory training

As the composition of employment changes, it eliminates some jobs and creates others. For example, as production jobs decline, new opportunities exist for “CNC tool programmers”. These workers develop programs to control the automated equipment that processes materials.

However, while many of the fastest growing jobs pay better, they usually require advanced training as well.

Seventeen of the 20 fastest growing jobs have a median salary above $ 41,950, which is the median salary for all jobs in total. Most also require post-secondary education. These opportunities replace jobs that only required a high school diploma.

With tuition fees soar compared to inflation, this could create challenges for displaced workers or young people entering the labor market.

Republished with permission from the World Economic Forum. Read it original article.


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Margie D. Carlisle