Whether you’re embarking on your first career or you’re looking to make a change in your current one, the latest news about job growth may motivate you to start planning your move.
CareerBuilder has released a list of the industries expected to add jobs at an accelerated pace from 2014 to 2019, based on new data from Economic Modeling Specialists Intl., CareerBuilder’s labor market analysis arm, and it’s not just STEM jobs that look to have especially promising growth in the next several years.
Technology and globalization continue to change the composition of the U.S. workforce and push our economy in new directions, as I’ve talked about at length in “The Talent Equation.” Based on EMSI’s data from more than 90 national and state employment resources, it appears the U.S. is projected to create roughly 8 million jobs from 2014 to 2019 – a 5 percent increase. A significant number of industries will likely experience an even greater percentage gain during this period.
Around one-third of all U.S. industries are expected to outperform the national average for employment growth over the next five years. While it’s not surprising that technology and health care made the list, the accumulation of new jobs will take place within a diverse mix of industries requiring a broad range of skills and experience.
For job seekers, this is a great opportunity to take advantage of the certifications and skills you’ve gained post-recession, as they may be well aligned with many of the high-growth industries listed below.
Among the industries that are projected to add at least 10,000 jobs and experience at least 15 percent growth in employment over the next five years:
|
Industry |
2014 Jobs |
2019 Jobs |
Job Added 2014 – 2019 |
2014 – 2019 % Change |
|
34,431 |
46,832 |
12,401 |
36% |
|
|
Specialty Hospitals (except Psychiatric and Substance Abuse) |
205,998 |
266,694 |
60,696 |
29% |
|
560,396 |
708,646 |
148,250 |
26% |
|
|
1,344,672 |
1,677,455 |
332,783 |
25% |
|
|
78,668 |
97,990 |
19,322 |
25% |
|
|
191,400 |
234,919 |
43,519 |
23% |
|
|
60,233 |
73,465 |
13,232 |
22% |
|
|
437,292 |
531,030 |
93,738 |
21% |
|
|
258,114 |
313,256 |
55,142 |
21% |
|
|
Offices of Physical, Occupational and Speech Therapists, and Audiologists |
353,514 |
428,893 |
75,379 |
21% |
|
893,689 |
1,083,160 |
189,471 |
21% |
|
|
213,997 |
252,526 |
38,529 |
18% |
|
|
143,197 |
167,397 |
24,200 |
17% |
|
|
164,637 |
192,240 |
27,603 |
17% |
|
|
116,009 |
135,389 |
19,380 |
17% |
|
|
136,724 |
158,897 |
22,173 |
16% |
|
|
106,721 |
123,970 |
17,249 |
16% |
|
|
188,151 |
218,197 |
30,046 |
16% |
|
|
Pet Care Services (except Veterinary) |
93,663 |
108,299 |
14,636 |
16% |
|
153,428 |
177,160 |
23,732 |
15% |
It’s clear that knowledge-based skills are going to continue to be a necessity in many fast-growing jobs for the foreseeable future. Whether you’re seeking a new job or content in your current one, it’s essential that you find ways to remain competitive in your market and set yourself apart. If you possess the in-demand skills these growing industries are seeking, you’ll be setting yourself up for success for years to come.
Matt Ferguson is the CEO of CareerBuilder and co-author of “The Talent Equation: Big Data Lessons for Navigating the Skills Gap and Building a Competitive Workforce.”