As an individual looking to garner success in a professional world, you might be wondering: “Which industry remains prolific in terms of demand? Where should I compete as a professional?” Perhaps, more importantly: “Is it okay to not have any skills or not get any training to earn money?”
Well, we’re going to try to help you answer those questions. We’re also going to provide you with data and insights to help you determine whether or not you should undergo more training after school, where you should compete in a geographical context and which industry subsectors show the most promise in job creation.
How are things going in terms of employment?
This year, unemployment has officially reached 6 percent. Luckily, the Department of Employment has recently released a report (Jobs Australia 2014) that highlights what happened in the last five years before 2013 so we can figure out what the next few years would be like for us, moving forward.
According to experts, in five years leading up to November 2018, we will be seeing a growth in the Department of Employment’s eight occupational groups. The biggest contributor in the decline of employment would be the manufacturing industry, closely followed by mining and agriculture, and forestry and fishing.
Where do I want to be in the next five years?
In terms of where the largest creation of jobs is located, Victoria has shown that it has created the most jobs in the region, up to 217,300 at 8.1 percent. The Northern territory, however, currently has the highest rate of job creation with a surprising 12.4 percent, up to 14,700 jobs.
As the stats have shown, Tasmania has shown a decline in employment by 5 percent and is considered the worst area for employment. It also has the highest concentration of part-time workers overriding the national average of 30 percent with 37 percent.
Do I need to have training beyond school to succeed in life?
As it stands, the fear of constantly losing more opportunities for unskilled professionals is still in the horizon. It is projected that one in every 30 jobs would be that of a machinery operator and one in 75 jobs would be that of a laborer.
Essentially, if you want to compete and be in a place where there are a lot of job opportunities, you’ll have to undergo more training to have the skills required by the workforce. At least, this is what our data has shown us.
What industries show the most promise?
In terms of industry subsectors, school education offers a 58.9 percent employment growth. Medical services’ employment growth is at 49 percent, followed by restaurants at 43.7 percent, allied health at 43 percent and supermarket and grocery stores at 36.3 percent.
The infographic above shows that, in the next five years, there’s going to be a high demand for aged and disabled care, followed closely by general sales assistants and registered nurses.
Jobs in the childcare industry are at fifth followed by retail managers, accountants, advertising and legal managers. The last two occupations that are going to be in high demand in the next five years would be those of an electrician and an educational aide.
In light of this stark reality, you really do have to consider getting more training in the following industries and occupations. Training gives you skills that may, more or less, help you in more than a few industries.
It also gives you versatility and sends the impression that you are willing to learn more and work more to get the job done – a trait that a lot of employers admire and are looking for in most employee prospects.
At the end of the day, however, success in the professional field (in all fields, if you consider it) is all going to rely on your commitment and resourcefulness as an individual. Whether or not you would succeed in a specific industry will rely on not only working hard but also working smart. Trends and statistical data may provide insight on what specific jobs and industries you can involve yourself in – but only you, alone, can determine whether you succeed or not.
What do you think? Which industries are you willing to work for? What occupation do you think fits your personality most? In which industry do you think you’ll succeed most?
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