Every good business experiences periods of growth. Some are influenced by customer demand, while others are spurred on by changing technology. CareerBuilder has have identified five industries in a new study that are poised for fast growth in 2017, which would be great news for both candidates and talent acquisition teams.
The new study uses CareerBuilder and Emsi’s extensive labor market database, which pulls from a variety of national and state employment resources as well as online job postings. Industries with the greatest potential were identified by three main factors:
- Occupations that pay, on average, around $20 or more per hour
- Employment has grown faster than the overall labor market from 2012 to 2016
- Occupations have high employment numbers that translate to even more job opportunities to job seekers
CareerBuilder CEO Matt Ferguson believes that growth in these categories may be due to factors beyond simple supply and demand:
Our research shows that employers are very invested in expanding headcount in areas such as analytics and data science, product development and sales as they strive to stay competitive in B2B and B2C markets.
The table below shows industries and occupations where workers will find a larger number of opportunities in the coming year. (Note: The average hourly earnings are for the category overall. The job titles listed can earn significantly higher than the average.)
Occupation Category | 2012 Jobs | 2016 Jobs | 2012-2016 Increase in Jobs | Average Hourly Earnings | Examples of In Demand Job Titles |
Business and Financial Operations | 7,358,038 | 7,938,303 | 585,265
8% |
$35.09 | *Operations Manager
*Business Process Analyst *Product Development Specialist *Financial Analyst *Office Manager |
Information Technology | 3,926,758 | 4,398,862 | 472,104
12% |
$40.82 | *Data Scientist
*User Interface / Front End Developer *Product Manager *Mobile Software Engineer *Information Security Manager |
Health Care | 8,035,052 | 8,641,939 | 606,887
8% |
$37.77 | *Family Practitioner
*Medical Director *ICU Nurse *Cardiologist *Physical Therapist *Rehabilitation Nurse |
Sales | 15,143,749 | 16,057,815 | 914,066
6% |
$19.06 | *Account Executive
*Account Manager *Business Development Manager *Client Services Coordinator |
Skill Trades | 12,049,958 | 13,067,497 | 1,017,539
8% |
$21.38
|
*Electrician
*Plumber *HVAC Technician |