The fastest growing employment areas for 2022

As experts predict the US economy could be heading into a recession, the closely watched barometer is layoffs. This is a hot topic today. Layoffs in the tech sector led the charge, with more than 42,000 workers in the U.S. tech market cut in 2022. There’s still a lot of good news for the broader job market.

Rachel Neil, with Carex Consulting Group, says: “We have had twenty consecutive months of continuous job growth, which is absolutely incredible, and despite a slight increase from 3.5% to 3.7% in unemployment, there are more than eleven million jobs not filled. That’s at least two jobs for every person who might be looking.

While the number of job vacancies is on the rise the decline from their peak levels during the pandemic, they remain high. “Hiring is still up, there are still jobs out there, and we don’t want people to get alarmed about all the layoffs they hear about,” Neill said.

The big resignation, which continues after the pandemic, offsets some hiring declines. More … than four million Americans quit their jobs in fifteen of the last seventeen months. This trend is hitting low-wage sectors particularly hard, but all industries and markets continue to see workers leave their jobs for a myriad of reasons.

Tech may be cooling off, but there are other industries looking for workers, including healthcare. About eighty million health workers will be needed to meet demand by 2030. An estimated 20% of healthcare workers in the United States left their jobs during the pandemic, creating a significant gap. Healthcare is hiring. The energy sector is also seeing one of the fastest job growths in 2022.

It’s easy to get discouraged with all the talk of layoffs, but Neill said people need to stay positive. “If you’re looking for a job, it’s always a great time to be looking, and I think you’ll continue to see some of these big companies that may have seen some growth during Covid start to slow down and maybe shrink. a bit, but that doesn’t mean hiring or jobs are limited or hard to come by right now.

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