
The Rise of Tech Jobs – What Industries Are Seeing the Most Growth?
The tech industry continues to lead the US employment market with job growth tracking 46% ahead of last year and 92% ahead of this time a year ago, according to a new report from CompTIA.
Hiring is particularly strong in industries that offer a mix of hard and soft skills, such as cloud infrastructure, cybersecurity and applications. Additionally, remote work options continue to increase in technology jobs.
1. Software Development
Software developers use a variety of programming languages to create computer programs. They also test and debug them to ensure that they are working properly.
This is a crucial role in the digital economy, where businesses need to be able to access data and information quickly to make informed decisions. As a result, the number of job opportunities in this sector is on the rise.
A software developer is responsible for designing, creating and maintaining the software that a company uses to run its business. They often work with other developers to help them build and improve the software.
The BLS projects the employment of application software developers to grow 26 percent through 2026, which is five times faster than the national average. This is largely due to the growth of mobile development, which involves developing apps that run on smartphones and tablets.
Many of these applications are used by consumers, but they can also be incorporated into larger corporate operations. They include media streaming systems, office productivity suites, and booking systems.
There are many different types of software developers, and each type requires a unique set of skills and talents. For example, medical device software developers are likely to need strong engineering expertise and knowledge of safety-critical systems, while music software developers must be able to write music notation.
A successful software developer’s career strategy is to build a generalist foundation of computer and data science concepts and then specialize in one or two hot areas. This approach is typically effective in a freelance capacity, but it is more difficult to pursue in permanent jobs.
2. Healthcare
Healthcare is a thriving industry that offers numerous job opportunities and competitive salaries. The field is also a highly stimulating environment, with new patients arriving every day and continuous developments in treatment and medical technology.
Tech has a plethora of applications in healthcare, from telemedicine to 3D printing, which improves diagnosis and quality of care. It is one of the most rapidly growing industries for tech jobs, according to a recent report from Dice.
According to Will Markow, vice president of applied research for talent at Emsi Burning Glass, healthcare executives are seeking tech workers who have domain expertise in specific fields, such as EMRs, HIPAA compliance, and insurance coding. They also want candidates who have the skills and experience needed to implement the latest technologies, including cloud computing, artificial intelligence, machine learning, and advanced analytics.
Many of these jobs require a bachelor’s or master’s degree, but those with specialized healthcare IT certifications can find employment in this growing industry. The BLS predicts a 16% increase in healthcare occupations between 2020 and 2030, adding about 2.6 million new jobs.
This growth is due in part to the aging population and the retirement of baby boomers, as well as the government’s efforts to streamline healthcare through technology. Additionally, health IT professionals can help facilitate the transition from paper-based records to electronic ones.
A career in healthcare is an excellent choice for those who are looking to work in a dynamic and fast-paced environment, says Wes Cronkite, chief marketing officer at CPSI, which makes software for hospitals and physician practices. Healthcare is also an ideal place for people who enjoy lifelong learning and are ready to take on challenges that will challenge their abilities and open their eyes to the world around them, Cronkite says.
3. Financial Services
Financial services are a major part of the United States’ economy. They help people save money, invest in stocks and other investments, and pay off credit card bills. They also help companies run their businesses and provide banking and other services.
Many of the largest financial firms, such as banks, brokerages and insurance companies, are now embracing technology to improve their products and services. This is changing how consumers bank and use their money.
Some of these changes include the advent of new technologies like machine learning and artificial intelligence. These advancements are making it possible for companies to analyze data, predict customer behaviors, and tailor their marketing campaigns to their audience.
The result of this change is an influx of tech jobs in the financial sector. These positions can range from banking and financial analysts to cybersecurity analysts.
Software engineers are one of the most popular tech jobs in the financial services industry, with Dice reporting a 28% growth in job postings for this position from January to May 2019. These professionals write code to support the front-end of web, mobile and cloud applications.
In this role, you’ll help your company automate processes, create scalable apps and keep up with emerging technology trends. You’ll also be involved in the technical design of a variety of systems and coding languages such as Java, C, Python, NoSQL, SQL, React and more.
Fintech is a rapidly expanding industry that is changing the way we think about saving and investing money. Whether it’s peer-to-peer lending platforms, cryptocurrencies, investment management software or robo-advisory, these businesses are relying on the power of technology to deliver their offerings.
4. Manufacturing
The rise of tech jobs means manufacturers are seeing more and more job openings as companies look to boost their bottom lines. These industries often use specialized technology to help their products and services work better, safer, and faster than ever before.
For example, 3D printing can make a product more flexible by producing it from an existing design instead of using traditional tools. Other techniques that have changed manufacturing include robotics, analytics, and Internet of Things (IoT) connectivity.
But the biggest issue facing manufacturing is a labor shortage. As more companies shift to reshoring or bring their production back from overseas, there are more available jobs than qualified workers to fill them.
To overcome the shortage, some employers are offering high wages and benefits to attract skilled workers. Others are giving employees more flexibility to work from home or on the go.
If you’re looking for a career that can help you establish a healthy work-life balance, consider working in a manufacturing industry. These industries typically offer permanent, temporary and contract positions that allow you to work when and where you want to.
Another benefit of working in a manufacturing company is that it can be very exciting and interesting. New technologies and materials are constantly introduced in this sector, and many of them are aimed at improving productivity, quality, and safety.
This makes it a great option for people who are interested in using their creativity and problem-solving skills. It’s also an opportunity to build a product that makes a difference in the world. Whether you want to work in an automotive, electronics or medical manufacturing industry, it can be a very rewarding and challenging career.
5. Retail
Retail is a prime example of a tech-dependent industry that is seeing an uptick in employment. This includes everything from logistics and software development to marketing and IT support.
With digital sales making up a growing share of retail revenues, it’s important for employees in this sector to understand how new technologies are impacting their job roles. In particular, workers in stores need to know how to use mobile devices.
In addition to this, employees must be knowledgeable about e-commerce and its effect on traditional retail. This can mean understanding how a customer might purchase a product online, or using a smartphone app to scan items at the store and avoid a line.
A growing number of retailers are turning to technology to help them improve their customers’ experience and reduce costs. Some retailers, including Walmart and Kroger, have started using self-checkouts and a system that allows shoppers to scan their own bags.
Other retailers are testing delivery services to customers, which can also help lower labor costs. For instance, IKEA has bought TaskRabbit and Amazon is working with Whole Foods to better integrate its deliveries.
These changes can impact the employment landscape across the board, but they are particularly pronounced in rural counties and small metro areas. Jobs created in warehouses and fulfillment centers tend to be located in suburbs, while marketing and engineering positions are more concentrated around larger cities.
While many of the skills that are needed in these roles are not transferable to other industries, they can still offer upward mobility for those who lack post-secondary education or training. In fact, 71% of hiring managers say that retail provides workers with foundation skills and experiences that can be used in other jobs.
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