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View All NewsGrowth in high- and low-wage jobs to outpace middle-wage positions
The US economy is expected to add more than 7.2 million jobs over the next five years; the gains will occur disproportionately in high-wage and low-wage occupations, according to new research released by CareerBuilder.
Both high-wage and low-wage occupations are projected to grow 5%, but middle-wage jobs are projected to grow only 3%.
The research also found 61% of the 173 occupations expected to lose jobs in the next five years are in the middle-wage category.
CareerBuilder defined middle-wage jobs as those that earn between $13.84 to $21.13 per hour.
“The US is facing a sustained trend of declining middle-wage employment that has serious implications not only for workers, but for the economy overall,” CareerBuilder CEO Matt Ferguson said. “If we can’t find a way to re-skill and up-skill workers at scale, middle-wage workers will become increasingly susceptible to unemployment or will have to move into lower-paying roles that may not support them and their families. This can have a negative ripple effect on consumer spend, housing, investing and other key financial indicators.”
High-wage jobs expected to grow the most over the next five years include:
- Software developers, applications, to rise 12%
- Computer systems analysts, to rise 12%
- Market research analysts and marketing specialists, to rise 11%
- Management analysts, to rise 9%
- Registered nurses, to rise 9%
High-wage jobs expected to decline the most over the next five years include:
- Postal service mail carriers, to fall 8%
- Reporters and correspondents, to fall 7%
- Construction managers, to fall 5%
- Real estate sales agents, to fall 4%
- First-line supervisors of production and operating workers, to fall 1%
Middle-wage jobs expected to grow the most over the next five years include:
- Medical assistants, to rise 11%
- Customer service representatives, to rise 6%
- Maintenance and repair workers, to rise 5%
- Heavy and tractor-trailer truck drivers, to rise 4%
- Office clerks, to rise 4%
Middle-wage jobs expected to decline the most over the next five years include:
- Printing press operators, to fall 9%
- Farmers, ranchers and other agricultural managers, to fall 7%
- Travel agents, to fall 6%
- Carpenters, to fall 2%
- Bookkeeping, accounting and auditing clerks, to fall 2%
Low-wage jobs expected to grow the most over the next five years include:
- Home health aides, to rise 19%
- Cooks, restaurant, to rise 9%
- Nursing assistants, to rise 9%
- Security guards, to rise 6%
- Janitors and cleaners, to rise 6%
Low-wage jobs expected to decline the most over the next five years include:
- Door-to-door sales workers, news and street vendors, to fall 18%
- Sewing machine operators, to fall 14%
- Floral designers, to fall 10%
- Cooks, fast food, to fall 3%
- Tellers, to fall 2%