What are projected to be the fastest growing occupations over the next four years?
Despite soaring tuition costs and the burden of student loan debt, Affluent individuals overwhelmingly agree that a college education is necessary in today’s workplace, according to Spectrem’s Millionaire Corner research. A recent report released by CareerBuilder and Economic Modeling Specialists International (EMSI) adds credence to that attitude.
More than eight-in-10 (84 percent) Affluent investors in our survey said they believe a college education is necessary. This is not surprising as the Affluent rank education second only to hard work as the primary contributor to their financial success, according to our research.
The CareeerBuilder and EMSI report finds that Occupations requiring college degrees are growing significantly faster than those that do not. Sixty-one percent of occupations expected to grow by 8 percent or more require a college degree, the report states, while associate degree and master’s degree occupations are each projected to grow 8 percent. Bachelor’s degree jobs are projected to grow 6 percent and jobs requiring short-term on-the-job training trail at 4 percent.
What are the fastest growing occupations? According to the report, health care and information technology are the places to be. Here are top 10 occupations with at least 8 percent projected growth—about twice the rate for all U.S. jobs—and 30,000 projected jobs added in 2013-2017.
· Personal Care & Home Health Aides
· Market Research Analysts & Marketing Specialists
· Medical Secretaries
· Emergency Medical Technicians & Paramedics
· Software Developers (Systems & Applications)
· Medical Assistants
· Registered Nurses
· Network & Computer Systems Administrators
· Pharmacy Technicians
· Landscaping & Groundskeeping Workers
On the wage front, job growth between now and 2017 are forecast to be driven by near-equal levels of high- and low-wage occupations. Jobs that fall within the middle of the wage distribution ($13.84-$21.13), the report states, will grow the slowest.
Where are job seekers most likely to find high-wage jobs? Among the top cities, the report states, are: San Antonio/New Braunfels; Austin; Phoenix; Houston; Salt Lake City; Raleigh, NC; Orlando and Kissimmee; Denver; Dallas-Ft. Worth, Portland, OR and Vancouver, WA; Washington, DC; and Seattle-Tacoma-Bellevue, WA.
Donald Liebenson writes news and features for Millionaire Corner. He has been published in the Chicago Tribune, The Chicago Sun-Times, The Los Angeles Times, Fiscal Times, Entertainment Weekly, Huffington Post, and other outlets. He has also served as a marketing writer for Chicago-based Questar Entertainment and distributor Baker & Taylor.
A graduate of the University of Southern California, he is married with a college-age son. He also writes extensively about entertainment.