CHICAGO – June 2, 2016 – 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.
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