Projected Growth in Data Related Jobs

Projected Growth in Data Related Jobs

Projected Growth in Data Related Jobs Morris County Economic Development Corporation (MCEDC)

 

Projected Growth in Data Related Jobs

 

From 2021 to 2031, employment in the nine occupations shown below is projected to grow more rapidly than the average for all occupations (5.3%); in fact, most are expected to have much faster than average growth. Overall, the increases are projected to create nearly 300,000 new jobs over the decade.

What’s more, the median annual wage for each of these occupations was higher than the median annual wage of $45,760 for all occupations in May 2021. To enter any of these occupations, you’ll need at least a bachelor’s degree.

  1. Actuaries use mathematics, statistics, and financial theory to analyze the economic costs of risk and uncertainty.

    Projected employment growth, 2021–31: 20.8% (much faster than average)

    Number of jobs, 2021: 28,300

    Occupational openings, projected 2021–31 annual average: 2,400

    Median annual wage, 2021: $105,900

    Typical entry-level education: Bachelor’s degree

  2. Database architects design and build new databases for systems and applications.

    Projected employment growth, 2021–31: 10.3% (faster than average)

    Number of jobs, 2021: 52,700

    Occupational openings, projected 2021–31 annual average: 11,500

    Median annual wage, 2021: $123,430

    Typical entry-level education: Bachelor’s degree

  3. Data scientists use analytical tools and techniques to extract meaningful insights from data.

    Projected employment growth, 2021–31: 35.8% (much faster than average)

    Number of jobs, 2021: 113,300

    Occupational openings, projected 2021–31 annual average: 13,500

    Median annual wage, 2021: $100,910

    Typical entry-level education: Bachelor’s degree

  4. Economists collect and analyze data, research trends, and evaluate economic issues for resources, goods, and services.

    Projected employment growth, 2021–31:  5.7% (as fast as average)

    Number of jobs, 2021: 16,900

    Occupational openings, projected 2021–31 annual average: 1,400

    Median annual wage, 2021: $105,630

    Typical entry-level education: Master’s degree

  5. Logisticians analyze data to coordinate an organization’s supply chain.

    Projected employment growth, 2021–31: 27.7% (much faster than average)

    Number of jobs, 2021: 195,000

    Occupational openings, projected 2021–31 annual average: 24,800

    Median annual wage, 2021: $77,030

    Typical entry-level education: Bachelor’s degree

  6. Market research analysts study consumer preferences, business conditions, and other data to assess potential sales of a product or service.

    Projected employment growth, 2021–31: 19.0% (much faster than average)

    Number of jobs, 2021: 792,500

    Occupational openings, projected 2021–31 annual average: 99,800

    Median annual wage, 2021: $63,920

    Typical entry-level education: Bachelor’s degree

  7. Operations research analysts use mathematics and logic to help solve complex issues.

    Projected employment growth, 2021–31: 23.2% (much faster than average)

    Number of jobs, 2021: 104,200

    Occupational openings, projected 2021–31 annual average: 10,300

    Median annual wage, 2021: $82,360

    Typical entry-level education: Bachelor’s degree

  8. Statisticians analyze data or apply mathematical theory to provide usable information.

    Projected employment growth, 2021–31: 32.7% (much faster than average)

    Number of jobs, 2021: 34,200

    Occupational openings, projected 2021–31 annual average: 3,900

    Median annual wage, 2021: $95,570

    Typical entry-level education: Master’s degree

  9. Survey researchers design and conduct surveys and analyze data.

    Projected employment growth, 2021–31: 6.3% (as fast as average)

    Number of jobs, 2021: 10,400

    Occupational openings, projected 2021–31 annual average: 1,000

    Median annual wage, 2021: $59,740

    Typical entry-level education: Master’s degree

Article courtesy of the U.S. Department of Labor

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