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Job Markets and The Most Demanding Jobs in The Future

BusinessJob Markets and The Most Demanding Jobs in The Future
  1. Jobs Likely To Be High In Demand In The Next Ten Years
  2. Fastest Declining Jobs In The Future

With the advancement in technology, many jobs will run out of the market in the future. However, looking into emerging fields can give us an insight into possible future jobs in high demand. This article discusses jobs that:

  • Are likely to thrive
  • Might go obsolete

Jobs Likely To Be High In Demand In The Next Ten Years

Teachers

Institutions require more teachers with quality skill sets as the population grows. Also, the demand for this job will not fall due to automation and urbanization. Hence, it is a safe career to pursue in the future. 

Students attending post-secondary health schools are increasing rapidly. Hence, job opportunities for health specialty teachers are also growing with time.  

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Average Salary

In 2020, the average annual salary for teachers was $62870. However, in 2021, they increased to $65,090 (by 1.5%) and will continue to rise further.

Catering Jobs

As people favor dining in hotels with a pleasing aroma more with time, catering jobs will likely boom. Therefore, jobs such as bartenders, servers, chefs, and food service managers will be in high demand in the future.

However, as predicted, these jobs will likely grow by more than 10%. Therefore, their pay is to increase significantly, too. 

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Average Salary

In 2020, the median salary for food service managers was $56,590 annually. For chefs, the annual median wage in 2020 was $53,380.

Trainers for Gyms

Current generations also prefer to stay in shape by hitting the gym. Hence, this will likely create more job opportunities for sports therapists or personal trainers. 

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Average Salary

With expectations for this job to grow 21% from 2020 to 2030, its salary will also increase. In 2020, this job paid a mean wage of $91,010 annually. 

Healthcare Professionals

With the increasing population, more healthcare workers will be in demand to provide medical care. Therefore, it is one of the fastest-growing occupations, with a median annual salary of $24,000.

The New York Times states that healthcare has increased about 150% over the past ten years. Not only doctors but also psychiatrists and psychologists are faster. Moreover, the job growth outlook for home health aides is 34%. 

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Average Annual Salary

  • Home healthcare aides: $27,080 
  • Nursing Assistants: $30,830
  • Psychiatrists: $33,140
  • Veterinary Technicians: $36,260
  • Medical Assistants: $35,850
  • Paramedics: $36,650
  • Opticians: $38,530
  • Registered Nurses: $75,330
  • Occupational Therapists: $86,280
  • Pharmacists: $128,710
  • Dentists: $16,4010
  • Physicians/Surgeons: Equal to or greater than $208,000

Solar Panel Installers

People are beginning to move towards more renewable resources. Therefore, the job market for solar photovoltaic installers is prospering with time. 

These professionals install solar panels on fields, houses, and other buildings. Along with installing, they connect the panels to the electrical systems of the building, too. Moreover, their jobs also include maintenance and troubleshooting. 

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Technological advancements are also likely to improve the quality of the solar panel. Hence, this reduces its costs and further increases its demand. This leads to the expansion of the job market for solar panel installers by 51%. 

Average Annual Salary

The average salary per year is around $46,470.

Data Scientist

Firms need the expertise to manage and analyze their data. Data scientists store and organize unstructured and structured data. This data can then help make future predictions for the firm.

With many growth opportunities, this job also offers financial security for the future,  

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Average Annual Salary

The base salary increase in 2021 was 20%. In 2022, the lowest-paying industries might pay data scientists around $120,000. 

Information Security Analyst

These analysts play a crucial role in keeping our data safe. They need to have thorough knowledge on

  • hardware
  • software
  • threats to data security
  • protection of data
  • information systems
  • detection of malware

The job growth in this field is expected to be about 31%. Also, a higher growth rate ensures handsome pay and equal job opportunities. 

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Average Annual Wage

$103,590 in 2020. However, according to reports, the annual median wage in 2022 for these entry-level analysts was $60,740. This can increase to $82,290 with around six years of experience. 

Wind Turbine Service Technicians

The use of renewable sources of energy is increasing with time. This will, therefore, lead to increased demand for wind turbine technicians. These technicians maintain rep, air, and install wind turbines. 

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The demand for wind techs is increasing at a much higher rate. It will grow about 61%, generating about 3700 jobs only. However, this is due to the small size of the occupation itself. 

Average Annual Wage

The median wage for wind techs was $56,230 in May 2020. 

Statistician

Using mathematical skills to interpret data, they can solve practical business problems. They work in

  • Banks
  • Universities
  • Insurance companies
  • Hospitals, etc.

Statisticians determine the best data collection method for a firm. Furthermore, they also design studies and polls to gather data. This data then helps in making critical decisions. It also aids in anticipating future trends, helping in decision-making. 

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Organizations of all sorts rely on statisticians. Therefore, this profession is projected to grow by around 33%. 

Average annual salary

The median wage in 2020 was $92,270.

Application Developer

These are IT professionals who create software for mobile phones and computers. They consult customers to make desirable changes in the software. Such as making it more user-friendly. 

They also perform maintenance tests and recommend software updates. This job will grow by about 22% in the future. 

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Median Annual Salary: 

The average salary of Median per year is $90,793. Some of the other professionals that will multiply in the future are:

  • Medical Assistants
  • Operation Research Analysts
  • Phlebotomist
  • Genetic Counsellors

Fastest Declining Jobs In The Future

Travel Agents 

All the information people need about places is now available on websites. This, therefore, reduces the need for travel agents. People can easily book their flights and plan their holidays. There are, however, several other opportunities in the travel industry.

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Cashier

With self-service tills being common in supermarkets, demand for cashiers is likely to fall. Also, using apps like ApplyPay has decreased the need for payment in cash.

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Telephone Operators

These help out customers by providing information such as a phone number. They also help them place credit card calls. This job often demands dealing with children or people with special needs. 

As automation increases, this job is likely to decline with time. 

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Watch Repairers

In recent years, the use of smartphones has been increasing. This, therefore, reduces the need for people to wear watches. While watches do remain common, people need fewer time-tracking devices now. Hence, the demand for watch repairers is decreasing tremendously. 

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Mail Carrier

Online payments and transactions have now become common. Also, email is replacing the need to write letters, too. Thus, mail carriers, mainly those who deliver letters, decrease demand.

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