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career laboratory career laboratory where laurence shatkin phd mixes career information and career decision making in a test tube and we see what happens tuesday january 2 2018 career best bets when i worked for jist publishing one of the more popular books i updated every few years was best jobs for the 21 st century i say that i updated it rather than wrote it because the idea for the book was originated by mike farr and laverne ludden and my task was to update it with the latest career information from the u s department of labor i believe that what made the book popular was the lists of best jobs now that the book is no longer being updated i thought it would be useful to recreate the book s central list using the latest labor market information first for those who have never read any of the books in the best jobs series i should explain the rationale for the list it is based on three facts about the occupations the median annual earnings half earn more half earn less the percentage growth projected for the period 2016 2026 and the average annual job openings both growth and replacement projected for the same time period these measures are useful in part simply because they are available in quantitative form but they also are useful because one of the chief benefits that people expect to get from their work is income and most people consider that more income is better many other satisfactions of work are harder to quantify than pay as for the other two measures job growth and job openings the only way you will get any of the satisfactions of work is by being hired so a good job outlook is a major consideration you may wonder however why i use two measures of job outlook growth and openings consider two occupations financial managers and cartographers and photogrammetrists both of these are projected to experience job growth of 19 percent which is a very respectable rate however only 120 annual job openings are projected for cartographers and photogrammetrists because it is a tiny occupation whereas 5 680 annual job openings are projected for financial managers or consider cashiers which is actually expected to shrink by 1 percent over the projection period but it is such a large occupation that it is projected to create 65 390 job openings each year because of turnover ideally you d want to aim for an occupation that not only is growing but also is creating lots of job openings and best of all additionally pays very well that s what this best bets list aims to show you to create the list i rank ordered the occupations by their median income according to the most recently available estimates may 2016 then i rank ordered them two more times by job growth and by job openings i summed the three scores and then sorted the list so that the occupations with the best overall scores were highest finally i limited the list to the top 100 of the 733 occupations that i started with i had to eliminate some careers in the performing arts such as actors because their earnings are so variable that no estimates of their average annual earnings are available understand that a difference of a few positions on the list does not mean that one occupation is a much better bet than another the differences are often slight and although the figures are the best available they are national averages pay or job outlook in your region or community is likely to be somewhat better or worse and don t forget that a job is not a good bet for you no matter what its potential is if you lack the interest or ability to get through the preparation process many of the occupations near the top of the list require a bachelor s degree or higher and some require considerable experience in a related job given these caveats here are the best bets according to the latest data from the department of labor rank occupation name median earnings growth average annual openings 1 general and operations managers 99 310 9 0 21 080 2 financial managers 121 750 19 0 5 680 3 managers all other 104 970 8 0 7 870 4 lawyers 118 160 9 0 4 190 5 computer and information systems managers 135 800 12 0 3 250 6 sales managers 117 960 7 0 3 620 7 management analysts 81 330 12 0 8 130 8 medical and health services managers 96 540 20 0 3 640 9 marketing managers 131 180 10 0 2 130 10 health specialties teachers postsecondary 99 360 26 0 2 580 11 registered nurses 68 450 15 0 20 360 12 chief executives 181 210 3 0 2 010 13 construction managers 89 300 11 0 3 340 14 accountants and auditors 68 150 10 0 14 180 15 business operations specialists all other 69 040 9 0 10 420 16 personal financial advisors 90 530 14 0 2 540 17 nurse practitioners 100 910 36 0 1 440 18 pharmacists 122 230 6 0 1 530 19 architectural and engineering managers 134 730 5 0 1 360 20 sales representatives wholesale and manufacturing 78 980 5 0 3 720 21 education administrators kindergarten through secondary school 92 510 8 0 2 120 22 civil engineers 83 540 11 0 2 590 23 financial and investment analysts 81 760 11 0 2 900 24 farmers ranchers and other agricultural managers 66 360 7 0 8 480 25 physician assistants 101 480 37 0 1 060 26 first line supervisors of non retail sales workers 73 150 6 0 3 980 27 physical therapists 85 400 25 0 1 680 28 human resources managers 106 910 9 0 1 240 29 mechanical engineers 84 190 9 0 2 120 30 industrial engineers 84 310 10 0 1 970 31 market research analysts and marketing specialists 62 560 23 0 7 670 32 education administrators postsecondary 90 760 10 0 1 570 33 electrical engineers 94 210 9 0 1 390 34 first line supervisors of construction trades and extraction workers 62 980 13 0 6 850 35 airline pilots copilots and flight engineers 127 820 3 0 810 36 dentists general 153 900 17 0 610 37 industrial production managers 97 140 0 0 1 170 38 securities commodities and financial services sales agents 67 310 6 0 3 800 39 sales representatives wholesale and manufacturing 57 140 6 0 15 910 40 engineers all other 97 300 6 0 950 41 first line supervisors of mechanics installers and repairers 63 540 7 0 4 340 42 electronics engineers except computer 99 210 4 0 920 43 sales engineers 100 000 7 0 830 44 natural sciences managers 119 850 10 0 520 45 purchasing managers 111 590 6 0 630 46 medical scientists except epidemiologists 80 530 13 0 1 210 47 nurse anesthetists 160 270 16 0 280 48 secondary school teachers except special and career technical education 58 030 8 0 7 950 49 operations research analysts 79 200 27 0 1 070 50 computer hardware engineers 115 080 5 0 510 51 elementary school teachers except special education 55 800 7 0 11 280 52 petroleum engineers 128 230 15 0 280 53 transportation storage and distribution managers 89 190 7 0 970 54 occupational therapists 81 910 21 0 970 55 human resources specialists 59 180 7 0 5 760 56 aerospace engineers 109 650 6 0 460 57 compliance officers 66 540 8 0 2 590 58 loan officers 63 650 11 0 3 050 59 police and sheriff s patrol officers 59 680 7 0 4 950 60 logisticians 74 170 7 0 1 560 61 art directors 89 820 7 0 800 62 first line supervisors of office and administrative workers 54 340 3 0 15 300 63 orthodontists 999 999 17 0 30 64 oral and maxillofacial surgeons 999 999 16 0 30 65 business teachers postsecondary 77 490 18 0 1 040 66 training and development managers 105 830 10 0 350 67 air traffic controllers 122 410 4 0 240 68 engineering teachers postsecondary 97 530 15 0 450 69 dentists all other specialists 173 000 12 0 30 70 first line supervisors of production and operating workers 57 780 0 0 5 950 71 physicists 115 870 15 0 170 72 prosthodontists 126 050 22 0 73 optometrists 106 140 17 0 200 74 judges magistrate judges and magistrates 125 880 6 0 140 75 law teachers postsecondary 111 210 12 0 190 76 actuaries 100 610 22 0 210 77 producers and directors 70 950 12 0 1 400 78 podiatrists 124 830 10 0 70 79 advertising and promotions managers 100 810 6 0 340 80 speech language pathologists 74 680 18 0 1 030 81 first line supervisors of police and detectives 84 840 7 0 710 82 mathematicians 105 810 29 0 30 83 postsecondary teachers all other 64 400 9 0 2 070 84 middle school teachers except special and career technical education 56 720 8 0 5 050 85 electricians 52 720 9 0 8 210 86 claims adjusters examiners and investigators 63 680 1 0 2 450 87 compensation and benefits managers 116 240 5 0 120 88 veterinarians 88 770 18 0 450 89 architects except landscape and naval 76 930 4 0 970 90 cost estimators 61 790 11 0 2 440 91 chemical engineers 98 340 8 0 240 92 economists 101 050 6 0 160 93 statisticians 80 500 33 0 440 94 financial specialists all other 69 470 9 0 1 290 95 training and development specialists 59 020 11 0 3 170 96 nuclear engineers 102 220 4 0 140 97 nurse midwives 99 770 20 0 50 98 political scientists 114 290 1 0 70 99 geoscientists except hydrologists and geographers 89 780 14 0 350 100 purchasing agents except wholesale retail and farm 63 300 6 0 2 380 posted by laurence shatkin at 11 59 pm 123 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