BusinessBusiness WisdomShannon Bond

Check out the Fastest Growing Careers

Over the next five years, some careers are projected to experience significant growth, driven by technological advancements, demographic shifts, and evolving industry demands. The list below may be a good starting point if you are in the market for a new career or have kids in high school looking for a direction. According to the U.S. Bureau of Labor Statistics (BLS), the following occupations are expected to see the highest percentage increases in employment from 2023 to 2033:

  1. Wind Turbine Service Technicians
    • Projected Growth: 60%
    • Median Annual Wage (2023): $61,770
    • Overview: These technicians install, maintain, and repair wind turbines, playing a crucial role in the expanding renewable energy sector.
  2. Solar Photovoltaic Installers
    • Projected Growth: 48%
    • Median Annual Wage (2023): $48,800
    • Overview: Professionals in this field assemble and maintain solar panel systems, contributing to the increasing adoption of solar energy solutions.
  3. Nurse Practitioners
    • Projected Growth: 46%
    • Median Annual Wage (2023): $126,260
    • Overview: Nurse practitioners provide advanced nursing services, including diagnosing and treating medical conditions, often serving as primary and specialty care providers.
  4. Data Scientists
    • Projected Growth: 36%
    • Median Annual Wage (2023): $108,020
    • Overview: Data scientists analyze complex data sets to inform business decisions, a role increasingly vital across various industries.
  5. Information Security Analysts
    • Projected Growth: 33%
    • Median Annual Wage (2023): $120,360
    • Overview: These analysts protect organizational computer systems and networks from security breaches and cyberattacks.
  6. Medical and Health Services Managers
    • Projected Growth: 29%
    • Median Annual Wage (2023): $110,680
    • Overview: Also known as healthcare administrators, they plan, direct, and coordinate medical and health services in various settings.
  7. Physician Assistants
    • Projected Growth: 28%
    • Median Annual Wage (2023): $130,020
    • Overview: Physician assistants practice medicine on teams with physicians and surgeons, examining, diagnosing, and treating patients.
  8. Computer and Information Research Scientists
    • Projected Growth: 26%
    • Median Annual Wage (2023): $145,080
    • Overview: They invent and design new approaches to computing technology and find innovative uses for existing technology.
  9. Physical Therapist Assistants
    • Projected Growth: 25%
    • Median Annual Wage (2023): $64,080
    • Overview: These assistants work under physical therapists to help patients recover from injuries and improve movement.
  10. Operations Research Analysts
    • Projected Growth: 23%
    • Median Annual Wage (2023): $83,640
    • Overview: They use advanced mathematical and analytical methods to help organizations solve problems and make better decisions.

The trend here is renewable energy, healthcare services, and information technology. Of course, this isn’t an all-encompassing list; other careers, such as project management and UX design, are also growing. However, considering careers with the most projected growth may be a good starting point. The sweet spot, as always, is to find something you are interested in that also makes a good living.

Source: www.bls.gov/ooh/fastest-growing.htm

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