Which of the following occupation shows the fastest growth rate in 2022 2026?

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BLS Projects Rapid Growth of Statisticians in Future Jobs Report
What is the fastest growing job in 2022?
What are the top growing careers in 2022?
What occupations have the highest growth rate?
What is the fastest growing occupation?

Solar panel installers are the fastest growing jobs. Image: REUTERS/Carlos Barria

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BLS Projects Rapid Growth of Statisticians in Future Jobs Report

Late last month, the Bureau of Labor Statistics (BLS) issued a future jobs forecast, and by 2026, the agency projects statisticians’ growth to be 33%—far greater than the 7% projected growth for all jobs. The agency plots statisticians as the seventh-fastest growing occupation.

These numbers are consistent with data we’ve been seeing for years now. In 2016 and 2017, U.S. News and World Report ranked statistician as one of the top five jobs. Last year, Fast Company magazine cited data scientist as the most in-demand job. In 2015, Fortune magazine noted that statistics was the fastest-growing STEM major in the US. And, even back in 2009, The New York Times advised graduates on the value of statistical thinking skills.

Of the more than 800 detailed occupations in this year’s BLS report, employment in health care–related fields and the service industry was projected to experience the most growth, reflective of the nation’s declining emphasis on manufacturing jobs and the rise in number of Baby Boomers nearing retirement. In addition, the report includes details about fields that are anticipated to open the most new jobs, as well as ones that will likely suffer job losses, and it breaks down areas projected for job growth and loss by education level.

Every two years, BLS releases projections of the labor force, the overall economy, industry employment, and occupational employment. Economists in the BLS Office of Occupational Statistics and Employment Projections develop these data in a number of steps, first analyzing broad trends and then examining several hundred industries and occupations.

While 2026 is years away, these projections are especially useful for career coaches, academic advisers, and even the general public seeking to know what to expect in terms of employment growth, required education, and wages. As for students and parents wondering about the value of education and experience in statistics, these independent and objective media rankings and ratings speak for themselves.

Methodology

Each year, Jobs and Skills Australia produces employment projections by industry, occupation, skill level and region for the following five years, the latest being the five years to November 2026. These projections are designed to provide a guide to the future direction of the labour market. However, like all such exercises, they are subject to an inherent degree of uncertainty. Caution should be exercised when using these projections. All efforts have been made to ensure these projections are as accurate as possible, however, the data used is inherently volatile and there are a large number of small series. Please note that due to the unprecedented changes in labour market indicators as a result of COVID-19, the ABS ceased the publication of trend estimates in March 2020, which have in the past been a key component for the employment projections. Seasonally adjusted data, which are more variable, have been used instead.

The projections have been derived by using a blend of two techniques, namely:

best practice time series models that summarise the information that is in a time series and convert it into a forecast. The time series projections are made by combining forecasts from autoregressive integrated moving average (ARIMA) and exponential smoothing with damped trend (ESWDT) models, with some adjustments made to take account of research undertaken by the National Skills Commission and known future industry developments.
CGE modelling work the NSC undertook in 2022 with the Victoria University Centre of Policy Studies, to better understand how structural changes in the economy may affect employment growth.

The nature of both exercises means that there will be differences between them. JSA believes that having a range of techniques assessing future skills trends is one way of mitigating the risks of error inherent in any forecasting exercise.

The projection for total employment growth is consistent with employment growth to November 2021 and the Government’s forecasts and projections for total employment growth from 2021-22 onwards, as published in the 2021-22 MYEFO.

Jobs and Skills Australia’s projections are medium term and point-in-time projections and are thus not indicative of expected employment growth in the short term.

What is the fastest growing job in 2022?

According to the Bureau of Labor Statistics, nurse practitioners are among the fastest growing jobs for 2022 and beyond.

What are the top growing careers in 2022?

Here are the best jobs of 2022:.

Information Security Analyst..

Nurse Practitioner..

Physician Assistant..

Medical and Health Services Manager..

Software Developer..

Data Scientist..

Financial Manager..

What occupations have the highest growth rate?

Fastest Growing Occupations.

What is the fastest growing occupation?

1. Wind Turbine Service Technicians. Increasing at a rate 15 times that of other occupations, wind turbine service technicians or windtechs, are projected to be the fastest growing job in the next decade.