13 Jan Top Growing Industries for 2022
The years of 2020 and 2021 had been an incredibly difficult time for American business owners and workers. The serious outbreak of the coronavirus COVID-19 left millions of American workers without a job and thousands of business owners with the tough decision to either cut down their workforce or simply shut their doors for good. As the American economy looks to make a comeback in the year 2022, we are seeing the shift from the beginning of the pandemic to a healthier working economy. However, the rise of the latest coronavirus variant could undo some of the progress we’ve made over the last year. Because of this worry, some industries are taking a cautious approach to their growth plans. Some industries, though, are continuing their path to growth in the new year. In this blog, we’ll take a look at some of the top growing industries for 2022 and how you might be able to break into these industries at the perfect time!
What are the top growing industries in 2022?
As the world economies go through the ebbs and flows of recessions and depressions, there are some industries that maintain a constant stream of revenue throughout all of the good and bad. As we continue to see advances in technology, these industries also keep up to their high standards. The post-pandemic economy is hard to determine, but these industries have managed to power through and are poised for major growth in the next year and the years to come. Here’s a look at the top growing industries for 2022.
Healthcare
This one shouldn’t come as a surprise to the majority of people. With the global pandemic still ongoing and the need for professional healthcare workers on the rise, the healthcare sector remains one of the top growing industries of 2022. The COVID-19 outbreak put quite a strain on the healthcare system as a whole. According to one report, about one-third of healthcare workers are considering leaving the field altogether because of the massive amount of stress from the pandemic.
As a result of this expected mass exodus, the need for healthcare workers, including registered nurses, is becoming increasingly necessary. Traveling nurses are also seeing an increase in demand, as well as a large increase on pay. Some traveling nurses are earning six-figure incomes, along with signing bonuses. This is making the profession more attractive to newer and younger nurses, who would also prefer to travel around the country and work in a myriad of different cities and hospitals.
Nurse practitioners are also seeing a large increase in demand and wages as the demand for more health professionals surges due to the pandemic. The median income for nurse practitioners is about $112,000, according to the Bureau of Labor Statistics.
Financial Management
One of the sectors that is set to see great growth in 2022 and the coming years is the financial management markets. As the economy continues to rebound from the effects of the COVID-19 pandemic, more people will continue to need help with their finances and their investments. This industry can be extremely beneficial for those looking to break in, with the average income around $120,000 a year.
The industry has seen a huge surge in demand since the start of the pandemic. For example, the number of wealth managers increased by 20% in March alone. As the economy begins to recover, the demand for financial services will only grow.
Information Technology
Information Technology, or IT, has been an industry on the rise for quite some time, but in 2022 there could be some serious industry growth in the sector. The post-COVID-19 recovery period has already begun, which means that companies are beginning to rehire employees and begin to get back into full swing. As a result, the demand for IT professionals is increasing, especially among smaller businesses.
The increase in demand is also due to many companies making a shift to either a hybrid office or fully remote work environment. As the demand for more tech savvy workers increases, the general requirement for a bachelor’s degree has gone by the wayside. Google offers certifications that many employers see as valuable and there are plenty of tools available for those that want to learn how to code and program software.
Service Industry
Another industry that should see significant growth in 2022 and the next few years is the service industry. Many of these jobs require little to no training, so they’re perfect for anyone looking to enter the workforce. These positions include customer service representatives and telemarketers, as well as people in the cinema sector including movie theater employees and motion picture projectionists.
This demand is going to increase as more movie theaters begin to reopen across the country after the COVID-19 pandemic closed the majority of them, about 60% to be exact. According to the IBISWorld Report, movie theaters in the United States are expected to see a 2022-2023 revenue growth of 142.8%. The service industry could see strong growth across the board in 2022.
Restaurant workers will also likely see growth after the coronavirus pandemic forced a lot of them out of the workforce. As most of them come back to employment and restaurants open back up, this sector will experience more economic growth.
Let Scion help you find a career in a growing industry!
If you’re looking to start a career or transition into a career in one of these great growing industries, think about utilizing Scion Staffing! Scion Staffing is proud to offer award-winning temp and direct hire staffing services. When you partner with us, you can rest assured that regardless of your needs or staffing numbers we are able to seamlessly support your team. To learn more about our recruiting and staffing services, please contact us today. Additionally, to learn more about Scion Staffing, we invite you to visit our about us page!
