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Knowing where the job market is heading throughout the year is vital information for those hoping to change roles, or even industries, in the coming months.
Data suggests thousands of UK professionals are aiming to find a new place to work, or at least a change in role, over the next year, and we've already seen recently that some jobs are unaffected by upsizing or additions of artificial intelligence. while others can expect to be severely affected in one way or another.
Now, another study has identified the jobs that will face a boom over the next year… and face the most hardship, based on last year's earnings and Office for National Statistics (ONS) data.
The sectors with the greatest increase in profits, according to the TelegraphThey include prison service officers, metal workers and education consultants or inspectors, all of whom saw pay rises of more than 20 per cent last year.
However, at the other end of the scale were psychologists, residential guards and accounting professionals, all with a drop of between eight and ten percent, with journalists and reporters by far the most affected, with gains that they fell a whopping 23 percent over the year.
A rising wage base can be a sign of strong growth in a job sector, as demand for new roles can drive up wages.
Air travel assistants were the fastest growing area in this regard, and their role refers to workers who issue boarding passes, examine documentation and provide assistance at the airport. Salaries for these professionals rose a whopping 56 percent last year, according to the study, while the education sector – at least in certain jobs – also ranks highly.
Examination invigilators' salaries increased by 39 per cent, and school inspectors' salaries increased by 20.7 per cent. However, the remuneration of education professionals, which is not detailed exactly what is included in it, fell by ten percent throughout the year.
The first on each side, according to ONS data, were:
|
Job |
% salary increase |
Job |
% salary decrease |
|---|---|---|---|
|
Air travel assistants |
56 |
Journalists/newspaper reporters |
23.3 |
|
Exam Inviligators |
39 |
Parents/residential guardians |
11.5 |
|
prison service officials |
23.3 |
Psychologists |
10.2 |
|
sheet metal workers |
21.6 |
Education professionals |
10 |
|
Responsible for housekeeping/housekeeping |
21.5 |
Financial and accounting technicians |
8.3 |
|
Water and sewage plant operators |
21.4 |
travel agents |
7.2 |
|
Pipe fitters |
21.1 |
Veterinarians |
7.1 |
Taking entire industries into account, five different areas saw at least a 100 percent increase in workers – in other words, at least double – while the sectors that saw employment contraction were led by pipe fitters, with a drop of 67 percent.
With pay for pipe fitters increasing by 21 percent over the year, it highlights how the number of jobs and salaries offered can be two different sides of the same coin, although not always with the same weight.
Increases in wages and job security contribute to higher consumer spending, which in turn can fuel a growing economy, which in a virtuous cycle will create even more jobs. However, this is not always balanced and across the board, meaning workers need to be aware of how their own industry or role will change in the coming year.
