When it comes to job growth potential, the healthcare industry takes the top spot, according to the U.S. Bureau of Labor Statistics (BLS). Jobs in the construction trades come in at the number two position nationwide.
Healthcare Jobs Outlook
The BLS projects that 5.6 million healthcare jobs will be created between the years 2010 and 2020. During this period, healthcare job growth is estimated to increase at a rate of 3% annually.
Registered nurses are projected to be most in demand with a 10-year estimated growth rate of 26%, nearly double the national average of 14.3% for all other occupations. With current registered nurse jobs at 2,737,400, a 26% growth rate equals 711,000 new nursing positions being created over the next decade.
Physical Therapist’s Assistant is another growth-oriented position within the healthcare sphere with a 10-year projected increase of 45.7%. An aging boomer demographic combined with an increase in trauma survivors due to medical advances are the major reasons for its high-growth potential.
Healthcare Information Technology, IT Jobs Outlook
Information technology jobs in the healthcare industry continue to show high projected growth rates due to the development of digital health records and the security required to keep those records private.
Systems software developers lead this group with a 10-year growth projection of 32.4% or more than 127,000 new IT jobs. Computer network administrators follow closely behind with a 27.8% 10-year forecast or an estimated 96,500 new IT jobs.
Construction Jobs Outlook
Construction equipment operators top the list in this industry with a 10-year growth projection of 23.5% resulting in more than 82,000 new construction jobs over the next decade. Electrician jobs come in at a close second with a projected growth rate of 23.2% or more than 130,000 new jobs.
Overall job growth in the construction industry is estimated to increase at a 2.9% annual rate until at least 2020. New construction development, home renovations, alternative energy projects, and infrastructure upgrades are fueling the new job increases.
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