Due to the increasing number of unemployed cases in USA and all over the world. Here are the industries that were projected to grow even more in the future. We truly care about our frontliners that are consistently fighting for this COVID 19 case, So before we get started, I would like to thank them all. Now Let’s focus on what industries will continue to grow in the future?
What Industries Are Growing?
Software Development
Sample Jobs tamtamount to being an engineer, software developer, installation, sales, systems analyst, technician, telephony architect (it’s a real thing, I checked) — plus the usual admin and accounting positions which apply to all sectors, of course (until those posts are taken over by robots).
Wind Power – Apparently, the demand for wind power generation is going to take off in the next five years.
Sample Jobs: engineer (Heavy on the engineering – structural, technical, civil, mechanical, chemical), risk management, project management.
E-Commerce & Online Auctions – People are increasingly comfortable with buying stuff online. E-Commerce has shown massive growth in the past ten years, outperforming most retail sectors.
Sample jobs: Buyer, sales, web developer, marketing, application architect, solution architect, financial planner.
Environmental Consulting – People want to save the environment, or something. I don’t know. I haven’t heard much about this. Have you? Companies nowadays are seeking to reduce their carbon footprints through the implementation of environmentally friendly practices.
Sample jobs: engineer, biologist, wetland scientist, aquatic scientist, scientist of other sorts, geologist, hydrogeologist, geophysical technician, compliance analyst, research climatologist.
Biotechnology – We like to live, so this industry is probably not going to die any time soon and is only going to get bigger and bigger. Companies and people points out that, “demand for cutting-edge medicines and treatments will result in strong growth for the Biotechnology industry.”
Sample jobs: chemist, patent agent, creative web marketer, protein engineer, tissue technician, quality assurance specialist, research scientist, technical writer.
Video Games – Apparently the gaming industry is banking on our continued desire to waste hours and hours of potentially productive time planting virtual farms, slingshotting birds at pigs, or killing zombies. And it will pay off as users increase and technology grows.
Sample jobs: designer, programmer, software developer, animator, audio engineer, writer, tech support, tester, market research analyst, dimensional model artist.
Solar Power – A continuing focus on green energy alternatives means the solar power sector is heating up. (Ha! See what I did there?)
Sample jobs: solar design engineer, electrical engineer, chemical engineer, electrician, environmental biologist, installer.
Third-Party Administrators & Insurance Claims Adjusters – Companies of insurance department states that “Insurance policy volumes will rise, particularly within the business-oriented sector, contributing to the need for claims adjustment services. Increases in outsourcing activity by pension funds and direct insurers will also continue to drive growth. Furthermore, advisory and risk management services will benefit as businesses, insurers and individuals use these services to mitigate risks and hedge liabilities.”
Sample jobs: catastrophe modeling analyst, health and benefits consultant, researcher, actuary consultant, claim analysis specialist.
Correctional Facilities – Because people will always commit crimes. Also because, in the U.S. anyway, the industry is benefiting from an increasing federal and state government funding for private facilities and services. Privatized facilities are growing as prison populations grow.
Sample jobs: correctional and custody officer, correctional healthcare specialist, nurse, pharmacist, social worker, psychologist.
Internet Publishing and Broadcasting – As newspapers join the ranks of doomed industries, web publishing of every possible form is soaring. Broadcasting is catching up as television programs and movies are finding homes online, some exclusively.
Sample jobs: writer, editor, videographer, product manager, webmaster, graphic designer, web marketing manager, multimedia journalist.
So, that’s the U.S. Meanwhile, last February, Sageworks Inc. compiled the following list of the 10 fastest growing industries in Canada.
Interestingly, however, they also list Cut and Sew apparel manufacturing as a growth industry.
Hiring Challenges and Hiring the Best Employees
- The Challenge: Establishing an effective hiring process
You need to really decide how to advertise the job, what to write in the job description, what to look for in resumes, who to invite in for interviews, how many interview stages you want to have, what interview questions to ask, and how to vet top candidates before employment. The process is long, involving, complex, and costly. No wonder some small business owners decide to go with their gut and hire who they think fits, instead of being thorough about verifying that person’s skills and experience and checking his or her background.
Summary
You can’t afford to take shortcuts in the hiring process. At best, being lazy about your company’s recruitment and vetting policies will result in more hires that don’t deliver the results you wanted. These failed hires will torpedo your productivity and lead to more costly interview processes. At worst, failing to do your due diligence could result in negligent hiring claims. So don’t take those shortcuts. Take the time to describe what you’re looking for in a position, to design an interview script, and to establish a consistent background check policy that you will follow for every single hire. You’ll be rewarded with better hires and greater peace of mind. Cheers.
