The Fastest Growing Jobs Aren't Always the Highest Paying
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Published on: November 15, 2019 / Update from: October 3, 2021 - Author: Konrad Wolfenstein
Solar technicians at work – Image: natthawut.2529|Shutterstock.com
Two of the five fastest-growing job titles in the U.S. also offer median wages that are below the U.S. annual median, Bureau of Labor Statistics Jobs for solar photovoltaic installers are expected to grow 63 percent over the next decade, nearly 10 times faster than overall job growth. The median wage for working in this job is currently about $5,000 above the median.
This trend is changing for work in healthcare. The fastest growing sector is healthcare, with healthcare jobs predicted to grow 18.2 percent over the next decade. The specific occupations experiencing the highest growth are home health care and personal care, with growth projections for both job titles at 37 and 36 percent, respectively. Although both job titles are twice the growth prospects of their industry as a whole, both occupations are well below the national average annual wage. About fifty percent of both job titles earn less than $24,000 per year.
*Note: An earlier version of this story reported the annual median income for families instead of the annual median income for individuals. The text and graphics now reflect this change.
Two out of the top five fastest-growing job titles in the US also provide a median pay below the US annual median, according to the Bureau of Labor Statistics . Over the next decade, jobs for solar photovoltaic installers are expected to grow by 63 percent, nearly ten times the rate of the overall occupational employment growth. Median pay for work in this job stands around $5,000 above the median currently.
This trend changes for work in health service. The fastest growing sector is the healthcare industry, with healthcare support occupations projected to grow by 18.2 percent over the next decade. The specific professions posting the highest growth are home health aides and personal care aides, with growth forecasts for both job titles around 37 and 36 percent respectively. Despite both titles holding double the growth prospects of their wider industry, both jobs pay well below the national median annual wage. About fifty percent of both job titles makes less than $24,000 a year.
*Note: A previous version of this story cited the annual median income for families instead of the annual median income for individuals. The text and chart now reflect that change.
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