Top 5 Growing Industries Worth the Cost of Training

The world is rapidly changing. Technology has created many new types of jobs while eliminating older ones. According to Australia’s Organization for Economic Cooperation and Development, the previous economic downturn in the country was caused by failing industries like mining and agriculture.

Fortunately, the Australian economy is predicted to recover and grow up to 3 percent by the end of the year, largely thanks to the skills a new generation is bringing to today’s fastest growing industries.

The following five career paths are booming right now. If you lack the skills in these professions, you can always invest in an education to learn them. The training will pay off big in the end when you find yourself with a new career that you will enjoy and earn a decent living.

1. Marketing

Marketing will always be in high demand. In this field, you can work with clients in almost any industry, including construction, healthcare, technology, retail and so on.

Every business needs a good marketer on their side to be successful. Therefore, you will never find a shortage of demand in this industry.

The jobs in marketing are a little different than the ones from two decades ago. Social media marketing is the biggest marketing job in demand because there are over 1 billion social media users in the world.

Web Hosting, web design and web technology, graphics, rich media, content marketing and article writing are all areas where you can gain skills and training for a bright career.

web design and technology

Companies will hire social media marketers to target certain audience groups in order to achieve a higher level of leads and sales. All you need to break into the industry is completion of a certificate course to learn social media marketing.

2. Hospitality Management

Hospitality management relates to restaurant managers, café managers and the manager of any business that serves food to the public.

Since there are restaurants and food service companies in every town and city in Australia, you are bound to find a vacant job position open for a manager. By 2022, this industry is estimated to grow by about 11.2 percent.

All you need is a bachelor’s degree in hospitality management, although you might find some success with just a vocational certificate. The bigger management jobs likely will require a degree, though.

3. Child Care

About 46 percent of all full-time workers in Australia are women. With more women entering the workforce, there is a greater demand for childcare services.

Since many of these women are mothers who are no longer staying at home to raise their children full-time, they require the assistance of a child care provider to watch over their children while they’re at work.

This industry is expected to grow by 13.7 percent by the year 2022.

If you like to work with children, a job in the childcare industry might be right for you. Some common positions are home caregivers, childhood education managers and daycare workers.

To be a licensed childcare provider, you will need to obtain a certificate or diploma, depending on the rules set forth by your local government.

4. Physical Therapists

The need for physical therapists has never been greater. With people living longer than ever, the elderly face plenty of physical disabilities and injuries. A physical therapist can help these sufferers overcome their limitations and live a productive and happy life again.

Physical therapists can be doctors who hold a doctoral degree and license. Their median annual income is around $85,000, and there is expected to be a 25-percent demand growth for physical therapists between 2016 and 2026.

The costs of a physical therapy degree will vary, depending on the school attend. But those costs will be small compared to a graduate’s earning potential.

5. Freelancing

With automation taking over many job industries, people throughout the world are finding it tougher to pay the bills. For every available position are dozens of applicants competing for it.

This skewed supply-and-demand ratio has caused many skilled individuals to turn to freelance careers instead of looking for traditional employment, working under contract for a client or employer rather than actually become their employee.

Each project you complete as a freelancer is a contractual agreement in which you perform a specific piece of work in exchange for a certain amount of money.

Some examples of freelancers include photographers, writers, programmers, translators, web designers, and the list goes on. All you need is a marketable skill in at least one area, and you can turn it into a freelancing career.

The best part about freelancing is you can do it from virtually any location with an internet connection.

So, if you are having trouble finding regular employment, then freelancing might be your best option. If you don’t have any skills at all, pick a skill that you would like to learn and get some training.

Image via Pixabay CC0 License

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