Jobs Where Wages Are Growing the Fastest

With many states reporting record-low unemployment rates, the U.S. labor market may be the tightest it has ever been. As a result, workers are empowered to seek out higher-paying jobs, and every month, millions of Americans are quitting to do just that. 

While employers across the U.S. are raising wages to attract talent and hold on to their workforce, there are a number of sectors that have had faster than average wage growth for years. 

To identify the 10 best jobs for wage growth, 24/7 Wall St. reviewed Pay jumps across occupations and locations published by Skynova. The online invoicing service provider used occupation data from the U.S. Bureau of Labor and Statistics Modeled Wage Estimates to rank occupations by the change in average hourly wage from 2014 to 2020.

Among the occupational categories on this list, wages climbed anywhere from 22.9% to 38.4% from 2014 to 2022. For context, overall average hourly earnings climbed by about 17% over roughly the same period, according to data from the BLS. Here is a look at the county with the highest wage growth in America

It is important to note that while these occupational categories have had rapid wage growth in recent years, not all of them are especially high paying. For example, the office and administrative support occupation has seen average wages rise by about 23% from 2014 to 2022. However, occupations like receptionist, which fall in this category of work, earn less than $15 an hour. 

Meanwhile, other occupational categories on this list, such as legal, offer some of the highest paying jobs in the country. Here is a look at the highest paying jobs in America

Click here to see the jobs where wages are growing the fastest

Sponsored: Find a Qualified Financial Advisor

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.

Source: Read Full Article