CareerBuilder Study Shows Accelerated Growth in a Wide Variety of Industries Over the Next Five Years

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Jun 02, 2016, 12:03 ET

CHICAGO, June 2, 2016 /PRNewswire/ -- 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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SOURCE CareerBuilder