Dive Brief:
- Software developer is the role expected to proliferate most over the next decade, according to Monster's 2019 State of the Candidate Survey. According to the report, 67% of survey respondents said they believe the labor market is driven by job seekers, and therefore more than one-third plan to look for a new job this year.
- Careers with the highest projected job growth rate over the next 10 years are software developer (31%), registered nurse (15%), computer support specialist (11%) and industrial engineer (10%). Careers earning the highest annual salaries are software developer ($99,000), systems analyst ($84,000), network systems administrator ($77,000), industrial engineer ($75,000), tractor-trailer truck driver ($71,000) and registered nurse ($70,000), Monster said.
- Phoenix, Saint Louis and Charlotte, North Carolina, beat out San Francisco, Los Angeles and Philadelphia for spots on Monster's list of top 10 cities for job postings, the report showed. Monster said the healthcare industry with its broad range of job types is growing stronger and benefits these smaller job markets.
Dive Insight:
Monster's survey confirms what other surveys have shown: Tech jobs are in high demand. The growth in IT jobs is eight times that of all other jobs, according to a 2018 study by Massachusetts Institute of Technology and the University of British Columbia. However, workers and candidates value organizations with inclusive and transparent work cultures — so much so that many would leave a job over the culture — and the tech sector has endured a bit of a culture crisis of late.
The Monster survey noted the strength of the healthcare industry. The latest jobs report from the U.S. Bureau of Labor Statistics showed, too, that the healthcare industry continues to gain jobs, even as growth in other normally strong sectors like construction and manufacturing have slowed periodically.
Additionally, recent data confirms that the high cost of living in areas with large tech job markets like San Francisco may drive out workers and candidates. This might be another contributing factor to the growth of smaller job markets in Phoenix, Saint Louis and other regions identified by Monster — and could lead to a future rise in remote work positions, as well.