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CareerBuilder Study Shows Accelerated Growth in a Wide Variety of Industries Over the Next Five Years
PR Newswire
CHICAGO

CHICAGO, June 2, 2016 /PRNewswire/ -- Whether you're a college student deciding on a major or a working professional looking for a career change, new findings may shed light on which direction to go in. CareerBuilder just released a list of fast-growing industries with ample job prospects over the next five years. The study is based on data from 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 7.2 million jobs from 2016 to 2021 – a 4.6 percent increase; however, many industries are projected to outpace the national average during this period.

"Based on historical trends and the current hiring situation, we can expect to see nearly 1 in 3 industries add jobs at a rate that exceeds the national average," said Matt Ferguson, CEO of CareerBuilder and co-author of The Talent Equation. "The growth will be broad-based, covering everything from IT services and developmental therapies to conservation, investment management, online shopping and sports instruction. When growth extends across a wide variety of industries, it's a good indicator of stability and strength in the labor market."

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

2016 Jobs

2021 Jobs

Job Added 2016 - 2021

2016 - 2021  % Change

Electronic Shopping

245,403

324,322

78,919

32%

Translation and Interpretation Services

38,162

48,709

10,547

28%

Offices of Physical, Occupational and Speech Therapists, and Audiologists

374,154

466,371

92,217

25%

Home Health Care Services

1,466,964

1,795,388

348,424

24%

Continuing Care Retirement Communities

474,886

587,787

112,901

24%

Telemarketing Bureaus and Other Contact Centers

484,941

582,153

97,212

20%

Marketing Consulting Services

293,431

350,922

57,491

20%

Environment, Conservation and Wildlife Organizations

63,303

75,136

11,833

19%

Computer System Design Services

983,426

1,167,108

183,682

19%

Nail Salons

144,707

171,694

26,987

19%

Portfolio Management

221,212

261,952

40,740

18%

Psychiatric and Substance Abuse Facilities

116,232

137,277

21,045

18%

Pet Care (except Veterinary) Services

99,478

117,385

17,907

18%

Employment Placement Agencies

275,985

325,268

49,283

18%

Administrative Management and General Management Consulting Services

643,500

757,246

113,746

18%

Grantmaking Foundations

63,296

74,287

10,991

17%

Ambulance Services

184,538

216,580

32,042

17%

Warehouse Clubs and Supercenters

1,490,374

1,740,549

250,175

17%

Internet Publishing and Broadcasting and Web Search Portals

202,185

233,827

31,669

16%

Sports and Recreation Instruction

173,326

199,634

26,238

15%

About Emsi

Emsi (Economic Modeling Specialists Intl.) is a CareerBuilder company that provides industry-leading employment data and economic analysis via web tools and custom reports. Emsi turns vast amounts of labor market data into easy-to-use information that helps organizations understand the connection between economies, people, and work, and ultimately build a better workforce. Emsi's software services - Analyst and Career Coach - are used by thousands of professionals in higher education, workforce and economic development, and the private sector. Emsi has also produced more than 1,400 comprehensive impact analyses for colleges and universities in the U.S. and internationally. For more information, visit www.economicmodeling.com.

About CareerBuilder®

As the global leader in human capital solutions, CareerBuilder specializes in cutting-edge HR software as a service to help companies with every step of the recruitment process from acquire to hire. CareerBuilder works with top employers across industries, providing job distribution, sourcing, workflow, CRM, data and analytics in one pre-hire platform. It also operates leading job sites around the world. Owned by TEGNA Inc. (NYSE: TGNA), Tribune Media (NYSE: TRCO) 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
Ladan Nikravan
312.698.0538 x70538
ladan.nikravan@careerbuilder.com
http://www.twitter.com/CareerBuilderPR

 

SOURCE CareerBuilder