5 Fastest Growing Professions in 2024

In this article, we will look at the 5 fastest growing professions in 2024. We will also discuss the latest layoffs and developments in the employment sector in another article. If you are interested in reading about that along with a more extensive list, head straight to the 20 Fastest Growing Professions in 2024

5. Data Scientist

IM Score: 43

While data scientist was the sexiest job of 2021, it is not only one of the most needed jobs in America in 2023, but also one of the most in-demand jobs for the future with a growth rate of 36% between 2021 and 2031. It is also worth noting that technology, finance, and healthcare are the highest paying industries for data scientists.

To read more about data scientists, see the highest paying countries for data scientists.

4. Software Developer

IM Score: 48

According to the Bureau of Labor Statistics, USA, Software Developers, Quality Assurance Analysts, and Testers earned a median pay of $124,200 per year in 2022. The field had 1,795,300 jobs in 2022, with a projected 25% job outlook from 2022 to 2032. This increase is expected to result in 451,200 new job opportunities.

Top US companies hiring software developers are Google, Microsoft Corp, Apple Inc, Amazon.com, Inc,  Meta Platforms Inc, International Business Machines and Oracle Corp. These tech giants offer both challenging projects and competitive salaries, which allow sustainable career growth for software developers.

3. Full Stack Developer

IM Score: 50

Web development has experienced exponential growth in recent years. As of 2021, there were approximately 1.8 billion websites globally due to which the demand for skilled web developers has increased. The field has a large number of opportunities, with 216,700 jobs reported in 2022 in the US alone. Moreover, the job outlook for the period 2022-2032 is exceptionally promising, with a projected growth rate of 16%.

2. Sustainability Specialist

IM Score: 55

Sustainability specialists play an important role in guiding organizations towards environmentally responsible practices. These professionals are typically hired by companies committed to integrating sustainable principles into their operations. In the United States, top employers looking for sustainability specialists may potentially include tech giants like Google and Apple, renowned for their environmental initiatives and corporate responsibility. Additionally, major retailers such as Walmart and Target actively recruit sustainability experts to enhance their eco-friendly practices and reduce environmental impact. Energy companies like Tesla also prioritize sustainability specialists to advance their clean energy initiatives and promote renewable technologies.

1.Nurse Practitioner

IM Score: 58

In 2022, there were 323,900 jobs in these roles, and the job outlook for 2022-2032 is projected to grow by 38%. This growth is expected to result in 123,600 additional jobs during this period. It is the fastest growing profession in 2024

It is worth noting that the International Council of Nurses (ICN) has sounded a global alarm about the critical shortage of nurses with staggering statistics. Drawing on data from over 100 studies, the ICN report reveals that between 40% to 80% of nurses across the world fell victim to psychological distress during the pandemic. This distress, fueled by the pandemic’s relentless pressures, eventually led to a increase in nurses’ intentions to leave their profession. Moreover, the annual turnover rate in hospitals has increased to more than 10%. 

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily enewsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also take a peek at 20 Least Respected Professions in America and 25 Most Profitable Professions in the World