The first waves of young people born from 1995 through 2010, a.k.a “Generation Z”, are in the process of leaving school for the labour market. This demographic account for 25% of the total population, and with the upcoming influx of Generation Z employees, coupled with Baby Boomers’ retirements, the workforce is growing demonstrably younger.
According to a new CareerCast report, some of the best jobs for Generation Z are positions that tie directly into the needs of this younger demographic. Organizations need an understanding of this growing consumer base to succeed in the years to come.
Opportunities for Market Research Analysts will grow, corresponding with the push to market to the growing Generation Z consumer base. Other hot careers with high-growth options are Statistician (+34%), Financial Planner (+30%), and Interpreter/Translator (29%).
In addition, Generation Z workers have been exposed to technology from birth, unlike Baby Boomers, many of whom were born pre-Internet and without mobile phones. This innate facility with technology lends itself well to professions such as Computer and Information Systems Analyst, Information Security Analyst, and Software Developer.
Financial institutions rank among the most prolific hirers of new college graduates, and degrees in finance rank among the most popular degrees that American students have received in the last 3 years, per the National Association of Colleges and Employers.
“Generation Z is focused on avoiding debt and that’s where Financial Planners come in,” says Kyle Kensing, Online Content Editor, CareerCast. “With the average retirement age expected to push 70 by 2050, early planning and smart saving strategies are paramount for the new generation, starting from the outset of their careers.”
See: Salary and Security Most Important to Gen Zs – Just Don’t Tell Them What to Do!
The following are 10 of the best jobs for Generation Z as identified by CareerCast:
|Career||Median annual salary||Growth outlook to 2024|
|Computer & Information Systems Analyst||$131,600||15%|
|Human Resources Manager||$104,440||9%|
|Information Security Analyst||$90,120||18%|
|Market Research Analyst||$62,150||19%|
Salary and growth outlook are provided via the BLS. Growth outlook is current to 2024.
A Northeastern University study reports Generation Z is focused less on income for wealth-building, and more to avoid debt. With the average retirement age expected to push 70 by 2050, early planning and smart savings strategies are paramount for the new generation, starting from the outset of their careers.
Similarly, Human Resources Manager is both a rewarding career path with high-growth options, and an opportunity for Generation Z to reach out to peers as the job market trends younger.
The Princeton Review reports two of the top four degrees current college students receive are communications and business administration – both of which can set one on the path to becoming a Human Resources Manager.
Generation Z also has had a lifetime of exposure to the Internet and easy accessibility through the proliferation of smartphones. The changing technological landscape plays a big role in the job prospects for Generation Z.
Also read: 5 Surprising Insights about Gen Z
Image credit: entrepreneur.com