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Which Careers are the Fastest Growing in U.S. Employment Projections from 2012-2022?

Are you planning to study a degree subject that can provide a better prospect of employment. Before you do, you might want to consider which types of jobs are expected to have increased openings within the coming years. The Bureau of Labor Statistics of U.S. has comprised a list of the occupations anticipated to be the fastest growing from 2012 through 2022.

Occupations and industries related to healthcare are projected to add the most new jobs between 2012 and 2022, the U.S. Bureau of Labor Statistics (BLS) reported. Total employment is projected to increase 10.8 percent, or 15.6 million, during the decade.

In addition to projecting employment for each detailed occupation, BLS depicts the education, related work experience, and on-the-job training typically needed for occupations. Occupations that typically require post secondary education for entry are expected, on average, to grow faster than occupations that require a high school diploma or less.

This news release focuses on several areas of projections data: labor force and the aggregate economy, industry employment, occupation employment, education and training, and replacement needs.
Employment in Healthcare Industry Continue to Dominates - into the next decade

The health care and social assistance sector is projected to grow at an annual rate of 2.6 percent, adding 5.0 million jobs between 2012 and 2022. This accounts for nearly one-third of the total projected increase in jobs. The growth reflects, in part, the demand for healthcare workers to address the needs of an aging population. (See chart 1.)

One of the reasons healthcare is experiencing such a large growth is because, as the baby-boomer, increase of life expectancy, generation gets older and they are seeking more medical cares.

The high demand of healthcare is correlated to the increase of population. United Nations projected the increase of total world population from the current world population of 7.2 billion to increase by another 1 billion over the next 12 years and reach 9.6 billion by 2050. 

Likewise, United Nations also projected unprecedented ageing population that the twenty-first century will witness even more rapid ageing than did the century just past.

For life expectancy, overall it is projected to increase in developed and developing countries in future years. At the global level, it is projected to reach 76 years in the period 2045-2050 and 82 years in 2095-2100. By the end of the century, people in developed countries could live on average around 89 years, compared to about 81 years in developing regions. 

Additionally, with healthcare becoming more expensive, many of the tasks that used to be conducted routinely by doctors or nurses are now being delegated to healthcare professionals who receive a lower salary, such as physician, medical, and dental assistants, in order to cut costs. The rise of demand in healthcare and social assistance sector also partly due to more individuals choose to be treated at home, rather than at hospitals or long-term care facilities. 

Employment in the construction sector is projected to grow 2.6 percent annually. This equates to 1.6 million new jobs over the 2012-22 decade, the most among goods-producing sectors and third most among all major industry sectors. (See and chart 1.) Despite expected fast growth, construction sector employment in 2022 is projected to be below the peak level (7.7 million; 2006).

Five industry sectors are projected to have decreases in employment: manufacturing (-0.5%); federal government (-1.6%); agriculture, forestry, fishing, and hunting (-0.2%); information (-0.2%); and utilities (-1.1%). (See chart 1.)

Occupation Employment

Projected industry employment is distributed among occupations based on how industries are expected to use those occupations.

  • Of the 30 occupations projected to have the largest percentage increase between 2012 and 2022, 14 are related to healthcare and 5 are related to construction. 
  • The 30 occupations with the largest projected increase in employment from 2012 to 2022 will account for 7.4 million new jobs, almost half of the total projected employment growth. 
  • Four major occupational groups are projected to grow more than 20 percent—nearly double the overall growth—from 2012 to 2022: healthcare support occupations (28.1 percent), healthcare practitioners and technical occupations (21.5 percent), construction and extraction occupations (21.4 percent), and personal care and service occupations (20.9 percent). (See chart 2.)
  • Every major occupational group except farming, fishing, and forestry occupations is projected to gain jobs between 2012 and 2022. (See chart 2.)

The BLS projections are used by high school students and their teachers and parents, college students, career changers, and career development and guidance specialists to gauge the prospect of employment in the coming years.

Source - The U.S. Bureau of Labor Statistics (BLS)

Other useful reference, please click below link.

1. The Fastest Growing Jobs of This Decade

2. The 10 Fastest Growing Jobs in U.S.

3. Top Ten Starting Salaries for Fresh Graduate

4. Top 10 Most Employable Majors in China