Economy
The 20 Fastest Growing Jobs in the Next Decade
How is the Job Market Shifting Over the Next Decade?
The employment landscape is constantly shifting. While agricultural jobs played a big role in the 19th century, a large portion of U.S. jobs today are in administration, sales, or transportation. So how can job seekers identify the fastest growing jobs of the future?
The U.S. Bureau of Labor Statistics (BLS) projects there will be 11.9 million new jobs created from 2020 to 2030, an overall growth rate of 7.7%. However, some jobs have a growth rate that far exceeds this level. In this graphic, we use BLS data to show the fastest growing jobs—and fastest declining jobs—and how much they each pay.
The Top 20 Fastest Growing Jobs
We used the dataset that excludes occupations with above average cyclical recovery from the COVID-19 pandemic. For example, jobs such as motion picture projectionists, ticket takers, and restaurant cooks were removed. Once these exclusions were made, the resulting list reflects long-term structural growth.
Here are the fastest growing jobs from 2020 to 2030, along with the number of jobs that will be created and the median pay for the position.
Occupation | Percent employment change, 2020–2030P | Numeric employment change, 2020-2030P | Median annual wage, 2020 |
---|---|---|---|
Wind turbine service technicians | 68.2% | 4,700 | $56,230 |
Nurse practitioners | 52.2% | 114,900 | $111,680 |
Solar photovoltaic installers | 52.1% | 6,100 | $46,470 |
Statisticians | 35.4% | 14,900 | $92,270 |
Physical therapist assistants | 35.4% | 33,200 | $59,770 |
Information security analysts | 33.3% | 47,100 | $103,590 |
Home health and personal care aides | 32.6% | 1,129,900 | $27,080 |
Medical and health services managers | 32.5% | 139,600 | $104,280 |
Data scientists and mathematical science occupations, all other | 31.4% | 19,800 | $98,230 |
Physician assistants | 31.0% | 40,100 | $115,390 |
Epidemiologists | 29.6% | 2,300 | $74,560 |
Logisticians | 29.5% | 56,400 | $76,270 |
Speech-language pathologists | 28.7% | 45,400 | $80,480 |
Animal trainers | 28.5% | 17,200 | $31,520 |
Computer numerically controlled tool programmers | 27.4% | 7,400 | $57,740 |
Genetic counselors | 26.2% | 600 | $85,700 |
Crematory operators and personal care and service workers, all other | 24.8% | 19,900 | $28,420 |
Operations research analysts | 24.6% | 25,600 | $86,200 |
Actuaries | 24.5% | 6,800 | $111,030 |
Health specialties teachers, post-secondary | 24.3% | 58,900 | $99,090 |
Wind turbine service technicians have the fastest growth rate, with solar photovoltaic (solar panel) installers taking the third slot. The rapid growth is driven by demand for renewable energy. However, because these are relatively small occupations, the two roles will account for about 11,000 new jobs collectively.
Nine of the top 20 fastest growing jobs are in healthcare or related fields, as the baby boomer population ages and chronic conditions are on the rise. Home health and personal care aides, who assist with routine healthcare tasks such as bathing and feeding, will account for over one million new jobs in the next decade. This will be almost 10% of all new jobs created between 2020 and 2030. Unfortunately, these workers are the lowest paid on the list.
Computer and math-related jobs are also expected to see high growth. The BLS expects strong demand for IT security and software development, partly because of the increase in people that are working from home.
The Top 20 Fastest Declining Jobs
Structural changes in the economy will cause some jobs to decline quite quickly. Here are the top 20 jobs where employment is expected to decline the fastest over the next decade.
Occupation | Percent employment change, 2020–2030P | Numeric employment change, 2020-2030P | Median annual wage, 2020 |
---|---|---|---|
Word processors and typists | -36.0% | -16,300 | $41,050 |
Parking enforcement workers | -35.0% | -2,800 | $42,070 |
Nuclear power reactor operators | -32.9% | -1,800 | $104,040 |
Cutters and trimmers, hand | -29.7% | -2,400 | $31,630 |
Telephone operators | -25.4% | -1,200 | $37,710 |
Watch and clock repairers | -24.9% | -700 | $45,290 |
Door-to-door sales workers, news and street vendors, and related workers | -24.1% | -13,000 | $29,730 |
Switchboard operators, including answering service | -22.7% | -13,600 | $31,430 |
Data entry keyers | -22.5% | -35,600 | $34,440 |
Shoe machine operators and tenders | -21.6% | -1,100 | $30,630 |
Legal secretaries and administrative assistants | -21.0% | -33,600 | $48,980 |
Floral designers | -20.1% | -8,500 | $29,140 |
Executive secretaries and executive administrative assistants | -18.7% | -100,600 | $63,110 |
Manufactured building and mobile home installers | -18.4% | -600 | $35,120 |
Telemarketers | -18.3% | -21,900 | $27,920 |
Order clerks | -18.2% | -24,400 | $35,590 |
Timing device assemblers and adjusters | -17.8% | -200 | $36,170 |
Print binding and finishing workers | -17.5% | -7,300 | $34,260 |
Prepress technicians and workers | -17.1% | -4,800 | $41,410 |
Tellers | -16.9% | -73,100 | $32,620 |
Eight of the top 20 declining jobs are in office and administrative support. This could be cause for concern, given this category currently makes up almost 13% of employment in the U.S.—the largest of any major category. Jobs involved in the production of goods and services, as well as sales jobs, are also seeing declines.
In all cases, automation is likely the biggest culprit. For example, software that automatically converts audio to text will reduce the need for typists.
While the fastest declining jobs typically fall within the lower salary range, there is one outlier. Nuclear power reactor operators, who earn a salary of over $100,000, will see employment decline at a steep rate of -33%. No new nuclear plants have opened since the 1990s, and nuclear power faces steep competition from renewable energy sources.
Warning: Education Required
As the composition of employment shifts, it eliminates some jobs and creates others. For instance, while production jobs are declining, new opportunities exist for “computer numerically controlled tool programmers.” These workers develop programs to control the automated equipment that processes materials.
However, while many of the fastest growing jobs are higher paying, they typically also require advanced education.
Top 20 Fastest Growing Jobs | Top 20 Fastest Declining Jobs | |
---|---|---|
# with median salary > $41,950 | 17 | 5 |
# with post-secondary education required | 16 | 0 |
Seventeen of the top 20 fastest growing jobs have a median salary higher than $41,950, which is the median salary for all jobs in total. Most also require post-secondary schooling. These opportunities are replacing jobs that only required a high school diploma.
With tuition costs soaring relative to inflation, this could create challenges for displaced workers or young people entering the workforce.
Markets
Confidence in the Global Economy, by Country
Will the global economy be stronger in 2024 than in 2023?
Confidence in the Global Economy, by Country
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
Measuring consumer confidence in the economy is crucial for understanding both current economic strength, as well as how consumers may be expected to act in the future.
So how do people around the world feel about the global economy?
This visualization uses survey data collected from October 20 to November 3, 2023 by Ipsos. It was first highlighted as part of our 2024 Global Forecast Series.
Which Countries Feel Confident About the Economy in 2024?
Heading into 2024, an average of 50% of polled adults felt confident that the global economy would be stronger than in 2023. But breaking down responses by country shows a vast disparity between responses.
Here are the percentage of respondents who agreed with the following statement: “The global economy will be stronger in 2024 than it was in 2023.” We also note the change in percentage points (p.p.) compared with the same question a year prior.
Country | Agree | Change (Year-over-year) |
---|---|---|
🇮🇳 India | 85% | +12 p.p. |
🇮🇩 Indonesia | 82% | +14 p.p. |
🇨🇳 China | 82% | +4 p.p. |
🇵🇭 Philippines | 74% | N/A |
🇹🇭 Thailand | 68% | +4 p.p. |
🇲🇾 Malaysia | 62% | +8 p.p. |
🇲🇽 Mexico | 62% | +6 p.p. |
🇧🇷 Brazil | 60% | -13 p.p. |
🇸🇬 Singapore | 59% | +4 p.p. |
🇵🇱 Poland | 56% | +20 p.p. |
🇳🇿 New Zealand | 56% | N/A |
🇨🇴 Colombia | 54% | +5 p.p. |
🇨🇱 Chile | 51% | +8 p.p. |
🇵🇪 Peru | 51% | -3 p.p. |
🇦🇷 Argentina | 51% | +3 p.p. |
🇿🇦 South Africa | 49% | +2 p.p. |
🇦🇺 Australia | 48% | +7 p.p. |
🇭🇺 Hungary | 46% | +15 p.p. |
🇷🇴 Romania | 45% | +8 p.p. |
🇺🇸 United States | 45% | +3 p.p. |
🇪🇸 Spain | 44% | +8 p.p. |
🇳🇱 Netherlands | 44% | +12 p.p. |
🇹🇷 Türkiye | 43% | 0 p.p. |
🇬🇧 Great Britain | 43% | +11 p.p. |
🇨🇭 Switzerland | 43% | +8 p.p. |
🇮🇹 Italy | 40% | +8 p.p. |
🇩🇪 Germany | 40% | +3 p.p. |
🇨🇦 Canada | 39% | +2 p.p. |
🇸🇪 Sweden | 34% | +1 p.p. |
🇫🇷 France | 33% | +4 p.p. |
🇰🇷 South Korea | 33% | -5 p.p. |
🇵🇹 Portugal | 33% | N/A |
🇯🇵 Japan | 30% | 0 p.p. |
🌍 Global average | 50% | +4 p.p. |
At the top, India, Indonesia, and China stood as being the most confident about 2024’s economic prospects. 85% of Indian respondents agreed that the global economy will be stronger in 2024 than in 2023, while 82% of Chinese and Indonesian respondents felt the same.
Regional disparities also become evident, with Asian countries making up the top five most confident countries and seven out of the top nine. In fact, South Korea and Japan were the only Asian countries surveyed that were not feeling confident, with Japanese respondents being the least confident (30%) and South Koreans tied for the second-least confident (33%).
Countries in South America ranged from Brazil having a high of 60% of respondents agree with 2024 being stronger than 2023 to Chile having a “low” of 51%. North American countries were more split, with Mexico feeling more confident and Canada feeling less confident.
Lastly, Europe stood out as being the least confident in the global economy in 2024. Only Poland (56%) had more than 50% agree that this year would be better than the last, while major economies like Germany (40%) and France (33%) sat closer to the bottom of the table.
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