3 Global Industries Where Millennials Are in Demand

by Capitol Standard | August 14, 2017

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Millennials in office with laptops

We've been called "lazy, entitled narcissists." The "Me, Me, Me generation." And the most tech-savvy generation thus far. And now, as older generations move toward retirement, we're being seen as the future of global industry. 

Occupations like travel agents, agricultural workers, mail carriers, switchboard operators and more are just some of the identified "dying jobs" in recent history. As old industries die and new ones emerge, employers and millennials look for middle ground. 

The millennial approach to a career is unique. According to PwC's report on Millennials reshaping the workplace, we value things like work-life balance and career development more than financial compensation. 

Booming Global Industries

Across the global industries consistently looking for new talent, here are three where Millennials are particularly in demand:

Software and the Internet

As the first generation to grow up with technology, it's no surprise Millennials are in-demand in the very fields we've shaped.

A few jobs within the software and internet industry include:

Social Media Manager – 13% job growth outlook with lots of room for growth and a range of options when it comes to a career path, usually as an executive within the digital marketing chain.

Software Engineer — 22% growth outlook with generous financial compensation and variety when it comes to the technology tools of the trade. 

The flexibility of these jobs--most offer telecommuting or can be done remotely--is as appealing as financial compensation. 

Careers in Math

Looking to go jet set and scratch that wanderlust itch? These careers are the most likely to take you around the world: 

Engineer — 20% job growth outlook in Civil Engineering alone sounds promising, but add in demand from adjacent and also growing fields such as Environmental Engineering and this traditional career path becomes very attractive.

Financial Planner — 27% projected job growth and a healthy outlook for the next decade due to the very generations Millennials are replacing in the workforce moving on to retire.

Statistician — with 27% job growth outlook, this job role is perhaps the most traditional in this list when it comes to the career path involved since most openings require a master's degree.

Unlike the Social Media Manager role, careers in math have existed for generations. But through globalization, a once local skill is now recognized worldwide. A civil engineer, for instance, can apply their expertise almost anywhere in the world.  

Analysis and Big Data

Big data is on a roll and it is not going to stop. In fact, as global industries modernize, more data needs processing. In lieu of the data deluge, these jobs need Millennials now more than ever:

Data Scientist — a 15% growth outlook makes "the sexiest job of the 21st century" quite attractive, especially since the Big Data trend is simply not going to die anytime soon.

Systems Computer Analyst — 25% job growth is expected from this job role. The name of the game is systems efficiency. Systems Computer Analysts make sure of this across basically every modern industry that requires it — from mining to brokerages to software development.

Market Research Analyst — With an impressive 32% growth outlook, Market Research Analysts also have a wide range of verticals to choose from including: scientific, technical, and management consulting. 

The analysis and Big Data industry are perfect examples of a mix of technology advancement, supply and demand mechanics in the job market, and a slew of job roles with cross-industry demand and marketability.

As industries around the world make way for Millennials, head hunters like Robbert Murray and Associates and Korn Ferry have a vested interest in the future of Millennials in the workplace. So much so that millennial preferences and perspectives are heavily taken into consideration. Looks like the "Me, Me, Me generation," will soon be hearing a lot of "Yes. You, You, You."

 

This article was written by Payal Bhatia. A version of it previously appeared on Capitol Standard.

Filed Under: Consulting | Job Search | Salary & Benefits | Technology

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