Industries with Huge Job Growth in the Years Ahead

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
Translation and Interpretation Services 34,431 46,832 12,401 36%
Specialty Hospitals (except Psychiatric and Substance Abuse) 205,998 266,694 60,696 29%
Residential Remodelers 560,396 708,646 148,250 26%
Home Health Care Services 1,344,672 1,677,455 332,783 25%
Wine and Distilled Alcoholic Beverage Merchant Wholesalers 78,668 97,990 19,322 25%
Electronic Shopping 191,400 234,919 43,519 23%
Environment, Conservation and Wildlife Organizations 60,233 73,465 13,232 22%
Continuing Care Retirement Communities 437,292 531,030 93,738 21%
Marketing Consulting Services 258,114 313,256 55,142 21%
Offices of Physical, Occupational and Speech Therapists, and Audiologists 353,514 428,893 75,379 21%
Computer Systems Design Services 893,689 1,083,160 189,471 21%
Portfolio Management 213,997 252,526 38,529 18%
Solid Waste Collection 143,197 167,397 24,200 17%
Internet Publishing and Broadcasting and Web Search Portals 164,637 192,240 27,603 17%
Exam Preparation and Tutoring 116,009 135,389 19,380 17%
Nail Salons 136,724 158,897 22,173 16%
Beer and Ale Merchant Wholesalers 106,721 123,970 17,249 16%
Medical Laboratories 188,151 218,197 30,046 16%
Pet Care Services (except Veterinary) 93,663 108,299 14,636 16%
Sports and Recreation Instruction 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.

See the full study here.

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