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A high school teacher instructs members of Generation Z | Bob Levey/Getty Images for H&R Block
Does it feel a bit premature to say “move aside, millennials”?
It may indeed, but with all the
attention that the millennials have received
over the past decade or so, there comes a point where we need to focus
on the next group in the pecking order. These are the individuals born
between the years of 1995 and 2010 —
they are Generation Z.
Generation Z includes a number of young people who are starting to
enter, and are already in, the workforce. While the lion’s share of
Generation Z is still in school, many in colleges and universities,
there are still huge numbers who are working their way into the labor
pool. Though millennials (or, Generation Y, by another name) make up the
majority of America’s workforce currently, the oldest millennials are
now well into their 30s. And Generation Z is primed to pick up the
proverbial baton and run with it.
For members of Generation Z, there are a number of things they can
learn from millennials. Being prepared for college and the workforce is
first among them, and it looks as though Gen Z will have a leg up on
their precursors in that they won’t have to deal with the direct fallout
of the Great Recession. But many
millennials made decisions that didn’t serve them well as they went to work. Student debt and low earnings have plagued them, and members of Gen Z would be wise to take note.
Generation Z: the tough decisions start now
So, what kinds of jobs should Generation Z be gunning for? CareerCast is on top of it, having just released a
new report
detailing the top ten jobs for Gen Z. These jobs aren’t merely the
highest-paying gigs; they’re the areas where the most job and career
growth is expected. There should be plenty of opportunities, in other
words, to build a career in these specific areas.
From CareerCast’s report, here are the top 10 jobs for Generation Z.
10. Computer & information systems analyst
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New technologies, including a cyborg | iStock
If you plan on working in the technology sector, one of the most
promising career paths is that of a computer and IT systems analyst.
CareerCast says median annual salaries for these positions come in at
$131,600, and the growth rate, through 2024, is expected to be 15%. In
other words, these are good, well-paying jobs with plenty of room for
expansion.
9. Environmental engineer
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Chinese elementary school students protect themselves from air pollution | STR/AFP/Getty Images
Environmental concerns are rattling many people already, and as the
problems continue to stack up, expect more and more resources to be
dedicated to helping sort out these issues. That means environmental
engineers are going to be in hot demand. With a median annual salary of
$84,560, this should be an attractive path for many. The growth rate is
also expected to be 12% over the next eight years.
8. Financial planner
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A piggy bank wearing glasses | iStock
Robo-advisors be damned.
Young people have more access to personal finance advice and
resources than anyone before them, and Generation Z is going to benefit
the most. Because there are still huge
gaps in terms of financial literacy
for many Americans, advisors are going to remain in high demand. They
earn an average median salary of $89,160, and the expected growth rate
is a whopping 30%.
7. Human resources manager
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Handshake between businessmen | iStock
Robots may be on the way, but until then, human resources
professionals are going to be needed to sort things out. And they
actually make a decent chunk of change, with median salaries tallying up
at $104,440. If you have a passion for HR, you can expect jobs to grow
by 9% over the next eight years.
6. Information security analyst
A secure mother board circuit | iStock
Another area in the tech sector that is expected to grow fast, and
earn you big bucks, is IT security. Average median salaries for these
jobs is $90,120, and with a lot more emphasis on security likely coming
in the future, jobs are expected to grow by 18%.
5. Interpreter/translator
Language translation in a dictionary | iStock
With the advent of so much translation technology, who would’ve
guessed that translators and interpreters would be in such high demand?
Well, they are — the only issue is that these jobs don’t typically pay
astronomical figures, like others on this list. Expected growth in this
field is 29% in coming years, but average median salaries are
only $44,190.
4. Market research analyst
Source: iStock
If you want to get into finance or business, but not necessarily as
an advisor, the growth rate for market analysts is pegged at 19%. These
are jobs that don’t earn as much — as there are more people typically
qualified for them — but if you love data, a job in market analysis at
roughly $62,150 isn’t a bad path to choose.
3. Registered nurse
A nurse checks a patient’s heartbeat | Getheal.com
$67,490. That’s the average median wage for registered nurses, which
is likely why so many people have gravitated toward the profession in
recent years. The world needs health care workers, and fortunately, it’s
not something we can hand over to A.I. or robots just yet. There is an
expected 16% growth rate for RNs in coming years.
2. Software developer
Software for many different devices is displayed | Justin Sullivan/Getty Images
The growth in technology has spurred the need for software
developers, and average median wages for developers comes in at
$100,690. With so many tech companies continuing to grow and change just
about everything in our lives, you can expect that there will be plenty
of opportunities for developers to get into the industry. Jobs are
expected to grow 17% by 2024.
1. Statistician
Man calculates money on calculator along with piggy bank | iStock
Love numbers, charts, and data? You should become a statistician — a
job with a median salary of $80,110. Though it might sound
mind-numbingly dull to some people, the projected growth rate for
statisticians is very high: 34%. So, if you have it in you, a career as a
statistician may be a very solid and promising path to pursue.
Culled from Money & Career Cheat Sheet
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