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Job Market 2023: What Industries Are Hiring

What does the job market look like in 2023, and what industries will be hiring the most? Read this guide on 2023 job prospects & trends by BestCompaniesAZ.

It’s never too early to start planning for your future, and if you’re looking for a new career in 2023, some industries are expected to be hiring more than others.

Here’s a preview of what the job market might look like in 2023 and which industries are expected to need more employees. Job market predictions point to an increase in demand for jobs renewable energy sectors, as well as for jobs that require skilled labor, such as electricians and plumbers.

In this article, we’ll take a closer look at each of these industries and what job seekers can expect in terms of job openings and competition for positions.

Industries To Lead the Job Market in 2023

According to the U.S. Bureau of Labor Statistics, total employment is projected to grow by 8.3 million jobs from 2021 to 2031, and about a third of this number will be in the healthcare and social assistance fields. If you’re looking to get employed in 2023 or are planning a career shift, here are 10 industries to keep an eye on. 

1. Healthcare

As the population continues to grow, so does the demand for qualified healthcare professionals. In 2023, job seekers can expect to see an increase in job openings in the healthcare industry, particularly for positions such as registered nurses, physician assistants, and home health aides.

Other jobs to note in the healthcare industry include medical and health services managers. According to the BLS, healthcare is expected to experience the fastest employment growth rate among all industries, adding some 2.6 million jobs over the next seven years.

Check out the job opportunities at one prominent healthcare industry company, Donor Network of Arizona. This non-profit organization works to facilitate organ, eye, and tissue donation across the state of Arizona. Working at this impactful health organization offers candidates the opportunity to enact real change in their community.  

2. Information Technology

While the overall job market in the technology industry is expected to take a dip in 2023, the IT industry and third-party tech services, in general, are expected to be in high demand

An increase in outspending based on digital transformation and merging technologies will place certain IT/third-party software companies in a good position throughout the coming year.  

At the tech company Axon they work hard to make connected public safety technologies faster and more effective than ever before. Check out their job opportunities and see where you can lend tech skills in a promising company.   

3. Renewable Energy

The renewable energy industry is expected to see job growth in 2023 as the demand for sustainable and environmentally friendly energy sources increases. In 2019, over 65 million people had already been working in the global energy industry, with more than 50% of this number coming from clean energy.

These numbers are projected to add 4.5 million new jobs every year over the next decade. Jobs in the renewable energy sector include solar photovoltaic installers, wind turbine service technicians, and biomass power plant operators.

4. Manufacturing

The job outlook for the manufacturing sector in 2023 is expected to be positive, with job openings for positions such as industrial production managers, machinists, and welders.

The resurgence in U.S. manufacturing activity is largely attributable to the surge in demand for durable goods that began during the COVID-19 pandemic. This uptick in manufacturing activity is expected to continue as the pandemic ends, and people return to their normal routines. Ultimately, the increase in output will benefit the economy by creating jobs and generating revenue.

5. Construction

The construction industry is another sector that is expected to see job growth. For instance, the Arizona construction employment sector is expected to grow steadily in the coming years, reaching 200,434 jobs by Q2 of 2023. This growth is attributed to several factors, including an increase in population and a strong economy. In addition, the state’s thriving tourism industry is driving demand for new hotels and resorts, as well as associated infrastructure projects.

6. Retail

Brick-and-mortar retail shops are expected to see a rebound in 2023, but it cannot be denied that the pandemic created a new channel for retailers to expand and create jobs — e-commerce. In fact, retail was the largest market for digital adoption when the pandemic struck, with online purchases for groceries and necessities increasing by 100% and apparel by 40%.

This means that jobs in the retail sector will continue to grow, particularly for e-commerce positions such as web developers, digital marketing specialists, warehousing and fulfillment workers, and customer service representatives.

7. Hospitality

The hospitality industry is expected to see job growth in 2023 as the demand for travel and tourism increases. The pandemic has hit the industry hard, with job losses totaling over 62 million since February 2020. However, as vaccinations become more widespread and travel restrictions are lifted, the hospitality industry is expected to rebound.

Some of the positions that are expected to see job growth in the hospitality industry include hotel managers, tour guides, and event planners.

At M Culinary Concepts, they take hospitality to the next level by paying careful attention to detail and ensuring that every event and meal time is catered expertly. If you have a passion for hospitality and love working with diverse and driven individuals, check out their current job opportunities

Other sectors like business services, transportation, and education are also expected to see job growth in 2023. So whatever your skillset or interests are, there is sure to be an industry that is hiring. Start planning your job search now, and you’ll be ahead of the competition when 2023 rolls around.

5 Skills You Need To Develop To Prepare For 2023

The workplace and the market are evolving by the day, so it’s important to stay ahead of the curve and develop the skills that will be in demand moving forward. Here are a few skills you should consider developing or enhancing in the new normal:

1. Communication

With more and more people working remotely, effective communication has become a vital skill. If you can master the art of communicating in a way that immediately brings the message across, whether it’s in writing or in person, you’ll be ahead of the game.

2. Flexibility

In today’s ever-changing world, being flexible is key. Whether it’s being able to adapt to new technologies or working in a different location, being open to change will help you succeed. 

3. Problem-solving

The ability to identify and solve problems quickly and efficiently will be a valuable skill. With the world becoming more complex every day, those who can find solutions to difficult problems will be in high demand.

4. Critical thinking

The ability to think critically is another skill that will be in high demand. With so much information available at our fingertips, it’s more important than ever to be able to sift through it and find the nuggets that are valuable.

5. Emotional intelligence

Last but not least, emotional intelligence is almost non-negotiable when it comes to making yourself more valuable in the workforce. With the world becoming more connected, those who can manage their emotions and understand the needs of others will be in demand.

These are soft skills, but they are transferable skills that will help you succeed in any industry. So start developing them now, and you’ll be well on your way to a successful career in 2023.

Conquer 2023 With BestCompaniesAZ

2023 is just around the corner. Are you ready to take your career to the next level?

If you’re looking for a job in an industry that is expected to see job growth, or if you want to develop the skills that will be in high demand, BestCompaniesAZ can help.

Browse through our list of the best employers in Arizona and beyond that are hiring today, including top positions from Axon, Kubra, Workiva, Desert Financial Credit Union, and M Culinary Concepts.

Get started today.

 

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