The U.S. is expected to grow 5 percent over the next five years, adding more than 7 million jobs by 2021, according to a recent study from CareerBuilder.
As may be expected, however, some jobs will grow at a much faster rate than the average, while others will decline. Middle-wage jobs in particular (jobs that pay $13.84 – $21.13 per hour) will see slower growth than high- and low-wage jobs – at 3 percent overall.
Looking at some of the fastest-growing high-wage jobs (jobs that pay at least $21.14 per hour), software developers and computer systems analysts are both projected to grow 12 percent by 2021; among middle-wage jobs, medical assistants and customer service representatives are among the fastest-growing jobs (at 11 percent and 6 percent, respectively); meanwhile, home health aides are outpacing the rest of low-wage jobs (jobs that pay $13.83 or less) with 19 percent growth.
The study also outlines occupations in all categories that will see declines over the next five years, including postal service mail carriers, real estate agents, printing press operators, travel agents, door-to-door sales workers and sewing machine operators.
What Does This Mean For You?
As you consider the future of your business and the direction in which it is growing, understanding which jobs will see more demand and higher competition for talent – and, consequently, which jobs will see less – will help you as you create your recruitment strategy.
Get more details from the study here.