November 01, 2016

The 20 Fastest Growing Jobs

Between 2014 and 2024, the United States is expected to add almost 10 million jobs to the economy. Certain fields will see faster growth due to shifting demographics and increasing consumer demand. A recent review of occupational data from the Bureau of Labor Statistics (BLS) by 24/7 Wall Street revealed the fastest growing jobs over the next few years. These jobs are forecasted to grow by over 20 percent through 2024.

Many of the positions found in the table to follow relate to the medical field. Americans aged 85 or older are the fastest-growing age group in the nation, and this population will require more medical attention over the coming years, thus increasing the demand for medical professionals. For example, occupational therapy assistants and aids are expected to grow by approximately 40 percent by 2024. Similarly, the BLS projects that state legislators will enact health care reform that will allow medical support roles to perform a wider range of services, which causes the demand for occupations such as assistants to physicians, physical therapists, and occupational therapists to increase.

Another area where fast growth is expected is in construction and infrastructure. The BLS forecasts that federal and state governments will increase funding for infrastructure improvement projects in the near future, increasing the demand for construction occupations. A report by the American Society of Civil Engineers (ASCE) points out energy as one of the worst sectors of the nation’s infrastructure. The growing populations demand for energy will likely cause an increasing demand for alternative energy, leading to an increase in employment in occupations related to this field.

Jobs that deal with data analysis will also be in high demand, as the increasing usage of smart phones and social media generate consumer data which companies can use to make data-driven business decisions. As such, the number of statisticians and mathematicians are expected to increase faster than most occupations.

The 20 Fastest Growing Jobs

Source: 24/7 Wall St.