Ten in-demand jobs with skyrocketing wage growth that will remain hot in 2024: analysts
Ten jobs that posted major wage growth last year will remain hot moving further into 2024, according to Payscale.
For 2023, customer service assistant manager, hairdresser, master plumber, automotive body repairer, job coach and audio/visual technician were some of the roles that the compensation software company identified inits recent End-of-Year Reportas being the most in-demand by wage growth.
Others included animator, fitness coach, roofer and general manager, according to Payscale.
The rates of growth that those top-ten jobs saw in their median pay in 2023 ranged from 18% to 24%, with customer service assistant manager showing the largest year-over-year increase, Payscale found. Master plumber, meanwhile, raked in the most out of the positions, taking home median yearly pay of $82,700.
The compensation software firm also noted white-collar “knowledge” worker jobs did not make appearances among the “top in-demand jobs” list dominated by trade and self-employment positions. It determined those 10 jobs and their order using information received through a survey of over 770,000 people with jobs.
“We expect the jobs on this list to remain hot” as 2024 continues, Payscale Chief People Officer Lexi Clarke told FOX Business on Wednesday.
“I think it is reflective of some of the changes that were seeing just in the industry,” she continued. “One of the things that we talk about a lot and that we have for the last especially year or so is this growing tension between employees and employers, as we think about that power dynamic back and forth.”
Lets end the year on a positive note ? The top jobs were excited to watch next year? Top in-demand jobs by fastest-growing wages! Looking at you, trade jobs ? https://t.co/ejsKkLRMMW pic.twitter.com/YUZHbpqSh2
Trends like job coaches and roles suited for self-employment that were reflected in Payscales list “will continue as we look into 2024,” Clarke projected.
Self-employment has seen gains since the pandemic as people experienced layoffs or decided to strike out on their own, she noted.
“And well see that candidates and employees are continually looking for something that they can mold around their life instead of molding their life to fit around their job,” Payscales chief people officer also told FOX Business. “That is a trend weve seen on the rise over the last few years since the beginning of the pandemic, but I think well continue to see trends like that emerge as we get deeper into 2024.”
Clarke suggested workers leaning into self employment and “work-life fit” reflected the job market still being driven by employees and job-seekers despite ongoing economic uncertainty.
Separately, in a report put out in late July, Payscale found that, overall, U.S. employers had 3.8% base salary increases on average for their workers included in their budgets for 2024.
The U.S. Department of Labor said early last month that the countrys unemployment rate in November was hovering around 3.7%.
On Wednesday morning, the agency reported job openings in November totalled 8.79 million, as reported by FOX Business.
