Corliss Group Home Institute: Jobs in Demand for 2014
While it might not quite be time to pop the bubbly, there's reason to believe that hiring in several key industries will be on the upswing in the first few months of the new year.
The latest Manpower Employment Outlook Survey indicates growing optimism among U.S. employers. Of more than 18,000 surveyed, 17 percent anticipated raising staff levels in their first-quarter hiring — the best outlook in six years.
This adds to other upbeat numbers. Last month, the U.S. economy added more than 200,000 jobs, the Bureau of Labor Statistics estimates. The unemployment rate dropped to its lowest level since 2008, to 7 percent.
Overall, things were brighter for workers of all ages in November than in quite some time, says Sara Rix, senior strategic policy adviser at the AARP Public Policy Institute.
Looking at older workers, the November unemployment rate for those age 55 and older fell to 4.9 percent, down sharply from October's 5.4 percent. The rate fell both for older women and older men.
"Fewer workers were unemployed, employed part time for economic reasons or discouraged about their job prospects," Rix says.
While these numbers may be encouraging, workers who remain without jobs continued to struggle, as the average duration of unemployment rose once again. The November survey found that jobless people age 55 and over had been that way for an average of 50.7 weeks, up slightly from 49.7 weeks in October.
That said, don't give up. If you're job hunting, some industries are reporting rising numbers of vacancies. Below are five sectors where you can expect to find openings in the next few months.
Pay will vary depending on the employer, your experience and where you live. The jobs may have flexible hours and be full or part time. Some may require you to go back to school for specific training. But in others, you may be able to repurpose skills you already have.
If you're ready to jump-start your search, be sure to review my list of job hunting mistakes to avoid and ways to improve your LinkedIn profile.
1. Health Care
The aging population and longer life expectancies are spurring a wide range of health care-related jobs. In fact, for the period 2012 to 2022, the U.S. Bureau of Labor Statistics projects that industries related to health care will generate the most new jobs, 5 million. New ones are cropping up all the time for people in their 50s, 60s and 70s that cater to people in their 80s and 90s. Continue reading…
2. Financial
As boomers slide into their retirement years, they are increasingly seeking help with managing their money, whether it's bill paying or estate planning or choosing the right insurance policy. There is growing awareness that people need to have financial plans in place to help avoid outliving their savings. Continue reading…
3. Leisure and hospitality
Given the snowballing number of retiring workers, there has been an upsurge in demand for travel and leisure activities. So it's not surprising that the Manpower survey found that 23 percent of employers in this field were planning to take on more workers in the first quarter of 2014. The Bureau of Labor Statistics sees long-term growth too: about 1.3 million new jobs between 2012 and 2022. Continue reading…
4. Retail
It's not exactly shop 'til you drop, but most experts predict that the rising population will translate to a greater demand for workers in the retail trade. Manpower, for instance, says that 19 percent of retail employers plan to add jobs in the first quarter of the new year. Continue reading…
5. Professional and business services
Jobs in this sector are forecast to grow by nearly 20 percent — roughly 3.5 million new jobs between 2012 and 2022. In some subcategories, the growth will likely be even bigger: Employment in computer and mathematical occupations, for example, is expected to rise 18 percent, spurred by growing calls for network and mobile technologies. Continue reading…