Study: Healthcare & Technology Remain Hot Industries for Job Growth Over the Next 5 Years

Study: Healthcare & Technology Remain Hot Industries for Job Growth Over the Next 5 Years

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Looking to find a new job, make a career change or declare a major? CareerBuilder released a new list of industries that are expected to add jobs at an accelerated pace from 2014 to 2019. The study is based on data from Economic Modeling Specialists Intl (EMSI), CareerBuilder’s labor market analysis arm that pulls data from over 90 national and state employment resources.

The U.S. is projected to create roughly 8 million jobs from 2014 to 2019 – a 5 percent increase – though a significant number of industries, including healthcare and technology, will likely experience a greater percentage gain during this period.

“Around one third of all U.S. industries are expected to outperform the national average for employment growth over the next five years,” said Matt Ferguson, CEO of CareerBuilder and co-author of The Talent Equation. “While it’s not surprising that technology and health care made the list, the accumulation of new jobs will take place within a diverse mix of industries requiring a broad range of skills and experience.”

The chart [below] lists industries projected to add at least 10,000 jobs and experience at least 15 percent growth in employment over the next five years:

 

Industry 2014 Jobs 2019 Jobs Job Added 2014 – 2019 2014 – 2019  % Change
Translation and Interpretation Services 34,431 46,832 12,401 36%
Specialty Hospitals (except Psychiatric and Substance Abuse) 205,998 266,694 60,696 29%
Residential Remodelers 560,396 708,646 148,250 26%
Home Health Care Services 1,344,672 1,677,455 332,783 25%
Wine and Distilled Alcoholic Beverage Merchant Wholesalers 78,668 97,990 19,322 25%
Electronic Shopping 191,400 234,919 43,519 23%
Environment, Conservation and Wildlife Organizations 60,233 73,465 13,232 22%
Continuing Care Retirement Communities 437,292 531,030 93,738 21%
Marketing Consulting Services 258,114 313,256 55,142 21%
Offices of Physical, Occupational and Speech Therapists, and Audiologists 353,514 428,893 75,379 21%
Computer Systems Design Services 893,689 1,083,160 189,471 21%
Portfolio Management 213,997 252,526 38,529 18%
Solid Waste Collection 143,197 167,397 24,200 17%
Internet Publishing and Broadcasting and Web Search Portals 164,637 192,240 27,603 17%
Exam Preparation and Tutoring 116,009 135,389 19,380 17%
Nail Salons 136,724 158,897 22,173 16%
Beer and Ale Merchant Wholesalers 106,721 123,970 17,249 16%
Medical Laboratories 188,151 218,197 30,046 16%
Pet Care Services (except Veterinary) 93,663 108,299 14,636 16%
Sports and Recreation Instruction 153,428 177,160 23,732 15%

 

 

 

Press Release Follows

 

CareerBuilder Reveals Hot Industries for Job Growth Over the Next Five Years

CHICAGO, June 4, 2015 /PRNewswire/ — Looking to find a new job, make a career change or declare a major? CareerBuilder released a new list of industries that are expected to add jobs at an accelerated pace from 2014 to 2019. The study is based on data from Economic Modeling Specialists Intl (EMSI), CareerBuilder’s labor market analysis arm that pulls data from over 90 national and state employment resources.

The U.S. is projected to create roughly 8 million jobs from 2014 to 2019 – a 5 percent increase – though a significant number of industries will likely experience a greater percentage gain during this period.

“Around one third of all U.S. industries are expected to outperform the national average for employment growth over the next five years,” said Matt Ferguson, CEO of CareerBuilder and co-author of The Talent Equation. “While it’s not surprising that technology and health care made the list, the accumulation of new jobs will take place within a diverse mix of industries requiring a broad range of skills and experience.”

The following industries are among those that are projected to add at least 10,000 jobs and experience at least 15 percent growth in employment over the next five years:

Industry 2014 Jobs 2019 Jobs Job Added 2014 – 2019 2014 – 2019  % Change
Translation and Interpretation Services 34,431 46,832 12,401 36%
Specialty Hospitals (except Psychiatric and Substance Abuse) 205,998 266,694 60,696 29%
Residential Remodelers 560,396 708,646 148,250 26%
Home Health Care Services 1,344,672 1,677,455 332,783 25%
Wine and Distilled Alcoholic Beverage Merchant Wholesalers 78,668 97,990 19,322 25%
Electronic Shopping 191,400 234,919 43,519 23%
Environment, Conservation and Wildlife Organizations 60,233 73,465 13,232 22%
Continuing Care Retirement Communities 437,292 531,030 93,738 21%
Marketing Consulting Services 258,114 313,256 55,142 21%
Offices of Physical, Occupational and Speech Therapists, and Audiologists 353,514 428,893 75,379 21%
Computer Systems Design Services 893,689 1,083,160 189,471 21%
Portfolio Management 213,997 252,526 38,529 18%
Solid Waste Collection 143,197 167,397 24,200 17%
Internet Publishing and Broadcasting and Web Search Portals 164,637 192,240 27,603 17%
Exam Preparation and Tutoring 116,009 135,389 19,380 17%
Nail Salons 136,724 158,897 22,173 16%
Beer and Ale Merchant Wholesalers 106,721 123,970 17,249 16%
Medical Laboratories 188,151 218,197 30,046 16%
Pet Care Services (except Veterinary) 93,663 108,299 14,636 16%
Sports and Recreation Instruction 153,428 177,160 23,732 15%

 

About CareerBuilder®
CareerBuilder is the global leader in human capital solutions, helping companies target and attract great talent. Its online career site, CareerBuilder.com®, is the largest in the United States with more than 24 million unique visitors and 1 million jobs. CareerBuilder works with the world’s top employers, providing everything from labor market intelligence to talent management software and other recruitment solutions. Owned by Gannett Co., Inc. (NYSE:GCI), Tribune Company and The McClatchy Company (NYSE:MNI), CareerBuilder and its subsidiaries operate in the United States, Europe, South America, Canada and Asia. For more information, visit www.careerbuilder.com.

Media Contact
Jennifer Grasz 
773-527-1164
jennifer.grasz@careerbuilder.comhttp://www.twitter.com/CareerBuilderPR

 

SOURCE CareerBuilder

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