If you want to choose a career path and want to nurture skills that can make you marketable, then you need to know the current trends in the job market. Once you have understood the current trends in the job market, you will be able to prepare yourself to obtain a position in one of the most in-demand careers. In this article, we are going to discuss how to identify the most demanding fields as well as some of the top career paths that are in-demand and worth your time. Keep on reading to explore these careers.
If you are looking for a tool that can help you find the most promising career paths, then the Occupational Outlook Handbook [OOH] from the Bureau of Labor Statistics [BLS] will come in handy. It provides you with comprehensive information about the several occupations, describing the job itself as well as the settings where people can work. Through the OOH, you will also be able to sort jobs based on how fast they are likely to grow, the training and education required for the job, and how much these jobs pay.
Here is how you can determine an in-demand career path:
- Job growth
A good career path should have the most anticipated growth for the next few years. Certain career fields such as technology, health care, food preparation, service, helicopter training, etc, are expected to grow by 10% by 2028. So, the higher the growth rate for a career field, the more demanding it is, hence making it an in-demand career path. Fields that have a slower growth rate may be considered as lower demanding careers.
- Earning potential
Another vital factor that can help you determine whether a career path is lucrative and in-demand is its earning potential. Of course, a good job should allow you to live comfortably. Even when you are starting out in your career, you should be able to pay all your bills and afford a few luxuries, and even save for emergencies.
- Educational requirements
A majority of jobs with favorable prospects for growth and reasonable earnings need a college degree or further education more than college. Certain jobs require a degree – that means you will have to invest your time and money to get your degree. However, there are also high paying jobs that don’t require a college degree. You can get them with only a two-year associate’s degree or any other kind of non-academic training or premed programs Kansas City.
The top in-demand careers
1. Software developer
Software developers design and write software that runs on devices such as phones and computers. Some software developers create applications for particular tasks. Others also work on the operating systems used by networks and devices.
Software development basically involves identifying what users need, developing and testing software to meet these needs, upgrading the older programs, and maintaining and documenting software to ensure that it runs efficiently.
Software developers generally have a bachelor’s degree in computer science or a related field, such as software engineering. The majority of software developers gain programming experience by doing an internship with a software company while in school. According to OOH, the median annual wage for software developers is $105,590. Additionally, according to the Occupational Outlook Handbook [OOH], this field is expected to grow by 22% by 2029. That means there will be additional 316,000 jobs.
2. Medical and Health Services Manager
Another in-demand career is the medical and health service manager. The healthcare industry is a huge sector. Providing quality care to patients is just part of it. There are also other jobs involved such as collecting payments, scheduling appointments, keeping medical records, and coordinating with other caregivers. A medical and health service manager oversees all these activities, making the health care providers focus on their patients.
If you want to become a medical or health services manager, you need at least a bachelor’s degree in fields such as health administration, health management, or any other related field, plus some experience working in a health care setting.
According to the OOH, the median annual wage for medical and health services managers is $100,980. However, some sources indicate that the figure might be lower than that. When it comes to this field’s growth rate, it is expected to grow by 32% by 2028. This means the creation of over 133,000 jobs in the U.S.
3. Nurse Practitioner
A nurse practitioner [NP] is a nurse with more authority and training than a registered nurse [RN]. They don’t just assist the doctors; they can perform some of the doctors’ functions, too. According to the American Association of Nurse Practitioners [AANP], a nurse practitioner can diagnose an illness, manage a patient’s overall care, prescribe medications, etc. A nursing practitioner can also assist with the provision of surgical care, especially if they passed their surgery shelf exam.
To become a nurse practitioner, you must be a licensed registered nurse already. That basically means earning either a bachelor’s or associate degree in nursing. On top of that, you must complete a graduate program, obtain advanced clinical training, and obtain your national certification.
According to OOH, nurse practitioners advanced practice registered nurses [APNNs], including nurse anesthetists and midwives median annual income is $115,800. Other statistics put the median annual income of nurse practitioners at $109,820. This field is expected to grow by 45% by 2029. That means an additional 110,500 jobs for nurse practitioners.
4. Financial Manager
All businesses typically deal with money. And if the company is large enough, it may require the services of a financial manager to help them handle all the money aspects of the business. Generally, a financial manager keeps track of a company’s income and spending, as well as looks for ways to reduce costs and maximize profits.
To become a financial manager, you basically need a degree in finance, accounting, business administration, or economics. Some employers prefer candidates with a master’s degree in one of the mentioned fields. Moreover, to become a financial manager, you need relevant work experiences in a financial field, such as accounting, banking, and sales. This field is expected to grow by 15% by 2029.
5. Physical Therapist
Physical therapists offer therapy services to patients of all ages who are injured or have other illnesses that limit their ability to move around and do basic daily tasks. They use techniques such as body manipulation or stretches to help patients improve their mobility and relieve pain.
If you want to become a physical therapist, you must earn a Doctor of Physical Therapy [DPT] degree from an accredited program. These programs generally take three years to complete after college. The annual median income for physical therapists was $89,440 in 2019. This figure is expected to rise due to the high demand for physical therapists. According to the Occupational Outlook Handbook [OOH], this field is expected to grow by 18% by 2029.
6. Information Security Analyst
The role of security analysts in a company is to protect the company’s computer networks and systems from cybercrime. They achieve this by installing antivirus software and other safeguards to protect sensitive information, watch for security breaches, as well as occasionally test the network to identify some gaps that a hacker could take advantage of. Additionally, security analysts can prepare recovery plans to get the company’s system working in case of an attack.
To become a security analyst, you need to have an MBA in information systems or a college degree in a computer-related field. According to the OOH, security analysts earned a median annual wage of $99.700 in 2019. Additionally, this field is expected to see a 31% overall growth by 2029. This means the creation of 40,900 new jobs.