It's that time of year when seniors are burdened with all sorts of deadlines; college applications, scholarships, essays, and everything that goes with it. But before you go off and pick a college and major, you should probably know what careers are most likely going to prosper in the next 10 years after all your hard work in college. A lot of times, students pick a major that they are interested in and then spend all of that time and effort on a degree and have no available jobs afterwards. I analyzed the 24/7 Wall St. review from the Bureau of Labor Statistics' National Employment Matrix, which projects job growth between 2008 and 2018 among 750 categories. They then identified the jobs expected to add the largest number of new positions and selected those with the highest median annual income, which I have compiled here for you. So if you are stumped on what to study in college, take a look.
10. Personal Finance Advisors- Total new jobs (2008-2018): 62,800Pct increase: 30.1% Median income: $64,750 Personal financial advisors assist people with their taxes, investments, and insurance.
9. Dental Hygienists- Total new jobs (2008-2018): 62,900Pct increase: 36.1%
Median income: $68,250 Dental hygienists work alongside dentists, cleaning teeth and assisting in surgeries. The position pays a median annual salary of nearly $70,000.
8. Civil Engineers- Total new jobs (2008-2018): 67,600 Pct increase: +24.1%
Median income: $77,650 While engineering jobs are expected to grow at roughly the national rate of 10%, the number of civil engineers is projected to grow at a rate two and a half times faster. This is because this type of engineering, which involves overseeing transportation, municipal and industrial infrastructure development, is the most closely linked with population growth.
7. Market Research Analysts- Total new jobs (2008-2018): 70,100 Pct increase: +28.1% Median income: $60,570 Market analysts work with large companies to provide insight into demographics and target audiences.
6. Computer Systems Analysts- Total new jobs (2008-2018): 108,100 Pct increase: +20.3%Median income: $77,740 Computer systems analysts build and manage computer networks for companies for use in file sharing and inter-office communication. This position, only 30-years-old, is expected to grow by 20%, adding nearly 110,000 jobs before the end of this decade.
5. Physicians and Surgeons- Total new jobs (2008-2018): 144,100 Pct increase: 21.8% Median income: $94,000-$153,000 According to the BLS, “in addition to job openings from employment growth, openings will result from the need to replace the relatively high number of physicians and surgeons expected to retire over the 2008-18 decade.” The level of training required to become a licensed doctor or surgeon is one of the most difficult, but the potential payoff is high.
4. Computer Application Software Engineers-Total new jobs (2008-2018): 175,100 Pct increase: 34% Median income: $94,180 In the age of the mobile app and cloud computing, few positions are becoming as essential as software application developers. BLS: “As a result of rapid employment growth over the 2008 to 2018 decade, job prospects for computer software engineers should be excellent. Those with practical experience and at least a bachelor's degree in a computer-related field should have the best opportunities.”
3. Management Analysis- Total new jobs (2008-2018): 178,300 Pct increase: 23.9% Median income: $78,160 Management analysts act as consultants for businesses, aiding them in the process of navigating their industries, operating efficiently, and maintaining fluid inventory. According to the BLS, employment is expected to grow by 24 percent “as industry and government increasingly rely on outside expertise to improve the performance of their organizations.”
2. Accountants and Auditors-Total new jobs (2008-2018): 279,400 Pct increase: 21.6% Median income: $61,690 There are very few business that do not make use of an accountant to manage their books, tax payments, and prepare financial statements. To date, there are more than a million accountants and auditors in the U.S., and that number is expected to grow by more than a quarter million. According to the BLS, “an increase in the number of businesses, changing financial laws and corporate governance regulations, and increased accountability for protecting an organization's stakeholders will drive job growth.”
1. Registered Nurses- Total new jobs (2008-2018): 581,500 Pct increase: 22.2% Median income: $64,690 Registered nurses provide basic medical treatment, manage patient records, and are the primary providers of long-term care for patients. Like dental hygienists, registered nurses are not required to have medical licenses, but still earn healthy salaries. According to the BLS, “Growth will be driven by technological advances in patient care, which permit a greater number of health problems to be treated, and by an increasing emphasis on preventive care. In addition, the number of older people, who are much more likely than younger people to need nursing care, is projected to grow rapidly.”
Source: www.theatlantic.com
10. Personal Finance Advisors- Total new jobs (2008-2018): 62,800Pct increase: 30.1% Median income: $64,750 Personal financial advisors assist people with their taxes, investments, and insurance.
9. Dental Hygienists- Total new jobs (2008-2018): 62,900Pct increase: 36.1%
Median income: $68,250 Dental hygienists work alongside dentists, cleaning teeth and assisting in surgeries. The position pays a median annual salary of nearly $70,000.
8. Civil Engineers- Total new jobs (2008-2018): 67,600 Pct increase: +24.1%
Median income: $77,650 While engineering jobs are expected to grow at roughly the national rate of 10%, the number of civil engineers is projected to grow at a rate two and a half times faster. This is because this type of engineering, which involves overseeing transportation, municipal and industrial infrastructure development, is the most closely linked with population growth.
7. Market Research Analysts- Total new jobs (2008-2018): 70,100 Pct increase: +28.1% Median income: $60,570 Market analysts work with large companies to provide insight into demographics and target audiences.
6. Computer Systems Analysts- Total new jobs (2008-2018): 108,100 Pct increase: +20.3%Median income: $77,740 Computer systems analysts build and manage computer networks for companies for use in file sharing and inter-office communication. This position, only 30-years-old, is expected to grow by 20%, adding nearly 110,000 jobs before the end of this decade.
5. Physicians and Surgeons- Total new jobs (2008-2018): 144,100 Pct increase: 21.8% Median income: $94,000-$153,000 According to the BLS, “in addition to job openings from employment growth, openings will result from the need to replace the relatively high number of physicians and surgeons expected to retire over the 2008-18 decade.” The level of training required to become a licensed doctor or surgeon is one of the most difficult, but the potential payoff is high.
4. Computer Application Software Engineers-Total new jobs (2008-2018): 175,100 Pct increase: 34% Median income: $94,180 In the age of the mobile app and cloud computing, few positions are becoming as essential as software application developers. BLS: “As a result of rapid employment growth over the 2008 to 2018 decade, job prospects for computer software engineers should be excellent. Those with practical experience and at least a bachelor's degree in a computer-related field should have the best opportunities.”
3. Management Analysis- Total new jobs (2008-2018): 178,300 Pct increase: 23.9% Median income: $78,160 Management analysts act as consultants for businesses, aiding them in the process of navigating their industries, operating efficiently, and maintaining fluid inventory. According to the BLS, employment is expected to grow by 24 percent “as industry and government increasingly rely on outside expertise to improve the performance of their organizations.”
2. Accountants and Auditors-Total new jobs (2008-2018): 279,400 Pct increase: 21.6% Median income: $61,690 There are very few business that do not make use of an accountant to manage their books, tax payments, and prepare financial statements. To date, there are more than a million accountants and auditors in the U.S., and that number is expected to grow by more than a quarter million. According to the BLS, “an increase in the number of businesses, changing financial laws and corporate governance regulations, and increased accountability for protecting an organization's stakeholders will drive job growth.”
1. Registered Nurses- Total new jobs (2008-2018): 581,500 Pct increase: 22.2% Median income: $64,690 Registered nurses provide basic medical treatment, manage patient records, and are the primary providers of long-term care for patients. Like dental hygienists, registered nurses are not required to have medical licenses, but still earn healthy salaries. According to the BLS, “Growth will be driven by technological advances in patient care, which permit a greater number of health problems to be treated, and by an increasing emphasis on preventive care. In addition, the number of older people, who are much more likely than younger people to need nursing care, is projected to grow rapidly.”
Source: www.theatlantic.com