You have to look ahead. Find out how you can use your skills to move toward a fast-growing career instead of being stuck in a job that isn't going anywhere. I write about the monthly employment report compiled by the United States Department of Labor. Every month, the Bureau of Labor Statistics (BLS) shows how many new jobs were created or lost.
Data captures a moment in time. This division, as you can imagine, has access to a wealth of information and statistics about jobs and careers. While most economists, Wall Street professionals, and nerdy types like me pay attention to monthly employment reports, the BLS has some compelling reading for proactive people who want to advance their careers. He has compiled lists of the fastest-growing jobs and careers.
In addition, the BLS shares how much these features pay. Within health care, employment in the individual and family services industry is expected to increase the fastest, with an annual growth rate of 3.3%. Some of the fast-growing healthcare occupations include nurse practitioners, physical therapist assistants, and physician assistants. In the current and, eventually, post-pandemic environment, health care will have priority.
The growing demand for care from an aging population during the post-war period, the extension of life expectancy and the continued growth in the number of patients with chronic diseases will demand a constant need for health care providers. Technological advances are expected to continue to grow at an accelerated pace. We see an acceleration in artificial intelligence, robotics, autonomous vehicles, cryptocurrencies, games, virtual reality, online collaborative video platforms and the metaverse. There will be needs across the gamut, from big tech giants to rudimentary start-ups.
As businesses continue to move forward online, demand will exceed the supply of suitable candidates. According to the BLS, “IT and mathematics occupations are expected to experience rapid employment growth, as strong demand for IT security and software development is expected, partly due to the increase in the prevalence of teleworking, driven by the COVID-19 pandemic. The disadvantage is that technological changes that facilitate the increase in automation are expected to result in a decrease in employment in office and administrative support occupations. Tangentially, there will be a great need for people to interpret the enormous amount of data to help business leaders make intelligent and informed decisions.
The demand for new products, such as the Internet of Things, and for the analysis and interpretation of large data sets is also expected to contribute to the rapid growth in the employment of statisticians, information security analysts and data scientists. Other trends, such as the adoption of environmentally friendly initiatives, the mass adoption of pets during the pandemic, the mental health crisis, working from home and the desire to improve our health and our lives, will create all kinds of new opportunities. The technology sector is expected to be one of the main professional fields in the next decade. In the near future, more people will need to plan their own retirement, which will increase demand for financial services.
These three careers in the financial services industry require a college degree in business. If you like to sell products and services, a career in sales could be your dream job. This is a high-pressure field, but the financial rewards can be lucrative. It also comes with great job satisfaction.
The exact earning potential can vary greatly depending on the company's exact position and bonus structure. The technical field includes many jobs that require specific certifications, but don't necessarily need a college degree. Changes in the way we work and in the way we use technology are likely to make some jobs irrelevant in the coming years. All of the careers I've listed here will grow in relevance and provide an element of job security in the next decade.
If I had to choose just one professional field, it would have to be the field of medicine with an emphasis on nursing. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people achieve financial freedom through our website, podcasts, books, newspaper columns, radio programs and premium investment services. The demand for engineering jobs has increased in recent years due to the marked lack of careers in mathematics and science. Work in this field focuses on helping customers install, maintain and repair certain specialized equipment and systems.
Many jobs belong to the technology industry, including computer programmers, information security analysts, computer support specialists, software developers, network and computer systems administrators, and more. Most educational jobs require at least a bachelor's degree, including elementary, middle, and high school teachers. Employment growth in the health industry as a whole is currently projected at 16 percent by 2030, reports the BLS. As a result, some of the fastest-growing technology jobs include information security analysts (33% growth) and computer and information research scientists (22% growth).
Two business services jobs that will be in high demand include that of construction estimator and that of specialist in environmental health. The population continues to grow, as does demand in health care, food service, arts and entertainment, and other industries. Even within the technology industry, technological advances make some jobs obsolete and new jobs are needed, allowing for rapid turnover and a dynamic and dynamic industry. The population is increasing and this means that there will be demand for medical professionals over the next decade.
During the pandemic, workers in the leisure and hospitality sector were among the first to lose their jobs or be left out of work. Some of the fastest-growing jobs in the industry are waiters, with a projected growth of 32%; cooks, with a growth of 26%; and waiters, with a projected growth of 20% over the same period. Industries that are expected to continue to grow due to increased demand for technological advances and innovations. People with a high school diploma have access to few jobs in the health field, but some options include pharmacy technicians, opticians, and home health and personal care aides.