6 Industries in New York State with Strong Career Outlooks
Colleges and trade schools in NY provide favorable starting points for building the vocational skills you need to embark on a new career. As of May 2015, the private-sector job count in New York State increased to an all-time high. The highest number of job increases occurred in Buffalo-Niagara Falls, New York City, Rochester, Elmira, and Nassau-Suffolk Counties. Some of the sectors with the largest job growth were construction, health care, professional and business services, and trades.1
With job growth from NYC to Buffalo and an exciting mix of innovative employers, you can see the potential for success here. Take a look at the breakdown below of six industries in the state with strong career outlooks, and develop an idea of a training option that is a great fit for you.
1. Information Services
The State of New York is becoming a hotbed for technology. New York City's private-sector employment hit its highest level in 20 years in 2013 due to growth in the tech/information sector.2 Additionally, statewide employment in information services is expected to grow by 56.5 percent between 2012 and 2022.1 And that's just the beginning. Take a look at some other encouraging stats regarding New York's IT sector:
- Tech workers' earnings in NYC in 2013 were 49 percent higher than the average median wage in the city, and 44 percent of the tech positions could be achieved with less than a bachelor's degree.4
- Although Manhattan is home to a large number of tech jobs, the sector grew faster in Brooklyn than in any other urban center in the U.S. between 2007 and 2012, with the exception of San Francisco. Brooklyn's tech employment grew by 24 percent, and wages grew by 54 percent.2
- Queens also saw six-percent employment growth and 20-percent wage growth in the tech sector from 2007 to 2012.2
The tech sector is booming in the northern end of the state as well, with Albany positioning itself to become a leader in nanotech and microtechnology. Whether looking at small start-ups or global leaders, the state is full of major players in everything from infrastructure, information, and Internet service providers to software developers and media producers.
There is a wide selection of programs to choose from that can help position you within New York's thriving tech sector. With assistance from one of the technical schools in NY, you could put your passion for information technology to work for you.
2. Professional & Business Services
New York City has always been known as a global business leader. But the business legacy extends across the state, including cities like Albany, Buffalo, and Rochester. Employment within the professional and business services sector is expected to grow by 23 percent between 2012 and 2022.1
The world of business can provide diverse opportunities that pique many different interests. Some of the careers you could train for include:
- Accounting—New York is the top-paying state in the U.S. for accountants, and it ranks third for the highest-level of employment.3
- Advertising—New York is not only home to the most advertising positions in the U.S., but also the highest-earning positions.3
- Fashion merchandising—New York has always been on the map as a fashion mecca. It should be no surprise that it tops the list for the most fashion designers in the U.S., and it ranks third for the highest-paid designers.3 In turn, this can create opportunities for professional merchandisers to get the fashions to market.
- Marketing—New York offers the second-highest level of employment for marketing specialists and marketing managers across the nation. It's also the state with the highest earnings for marketing managers, making it an enticing place to begin a career in marketing.3
3. Accommodation & Food Services
New York is a popular tourist destination, which means that a large number of professionals are needed in the accommodation and food services sector. It is estimated that, between 2012 and 2022, employment in the industry will grow by 24.6 percent.1 Check out some of the other promising stats for this sector:
- In 2015, New York restaurants employed 796,000 individuals, accounting for nine percent of the state's employment. And by 2025, it is estimated that New York restaurants will employ 851,500 people.5
- Eight in 10 restaurant owners and nine in 10 restaurant managers started their careers at the entry-level.5 This makes shorter training programs an enticing option to gain quick entry into the restaurant industry.
- As of 2015, 8.2 percent of all jobs in New York State are related to the lodging industry, generating $6.2 billion in employee wages.6
If you are passionate about tourism and intrigued by a career in lodging or culinary arts, this sector could be a great fit for you. You could train to become a baker, pastry or professional chef, commercial cook, or hotel or restaurant manager, just to name a few options.
4. Health Care & Social Assistance
Health care organizations are among New York's top employers. And the health care industry is only expected to expand in the coming years with employment projected to grow by 20.8 percent from the period of 2012 to 2022.1 New York has the third-largest elderly population in the U.S., with 3.7 million individuals over the age of 60 as of 2011. And over 80 percent of those over 60 have one or more chronic diseases.7
An aging and ailing population creates a strong demand for trained professionals in the health care and social assistance sectors. Some of the top careers of choice in the field include:
- Health care manager—New York has the second-highest level of employment for health care managers and is second for providing top-paying positions.3
- Massage therapist—Some of the best-paying positions are found in New York since it ranks second in the nation for massage therapy wages.3
- Social service assistant—Social and human service assistants can uncover exciting possibilities in New York. The state comes in second for the highest employment levels in the U.S.3
New York is certainly the place to marvel at construction. It's home to many great projects, including the Brooklyn Bridge, Empire State Building, Buffalo State Hospital, and New York State Capital Building. As of 2013, the most new construction projects in the nation were happening in New York.8 It is estimated that by 2016, New York's construction spending will hit its highest level ever, which could produce the highest level of industry employment in at least two decades.9
As the construction industry continues to grow, many companies are finding that there are not enough new workers entering the field to replace the retiring baby boomers. This will likely continue to be a challenge with employment in the sector projected to grow by 18.4 percent from 2012 to 2022.1 If you can picture yourself adding to the legacy of the New York landscape in a computer-aided drafting or architectural design career, then this might be the best time to get started.
6. Repair & Maintenance Services
Between 2012 and 2022, New York's employment rate in the repair and maintenance services sector is expected to grow by 11.8 percent.1 This diverse industry includes numerous mechanical and trades positions. Some of the top training choices for repair and maintenance services include:
- Auto body repair—New York is fourth in the nation for the highest employment level of auto body repairers.3
- Automotive service technology—New York holds fourth place in the U.S. for the highest level of automotive service technician positions.3
- HVAC technology—Coming in with the fourth-highest employment level of HVAC technicians in the nation, New York is a great place to engage in HVAC training.3
With plentiful job opportunities, the repair and maintenance services sector is an appealing choice. Trade schools in NY can equip you with practical vocational skills that are in demand by employers. You can locate a program that builds up your knowledge while learning with the most current technology and tools to help make you career-ready when you graduate.
Take the Leap Toward a New Career Today
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1 New York State Department of Labor, website last visited on May 23, 2017.
2 South Mountain Economics, Building a Digital City: The Growth and Impact of New York City's Tech/Information Sector, website last visited on July 21, 2015.
3 Bureau of Labor Statistics, U.S. Department of Labor, Occupational Employment Statistics, website last visited on September 26, 2017.
4 HR&A Advisors, Inc., The New York City Tech Ecosystem: Generating Economic Opportunities for All New Yorkers, website last visited on July 21, 2015.
5 National Restaurant Association, "New York Restaurant Industry at a Glance", website last visited on July 21, 2015.
6 American Hotel and Lodging Association, "New York Lodging Economic Overview 2015," website last visited on November 1, 2016.
7 NYS Health Foundation, New York State Plan on Aging 2011-2015, website last visited on September 29, 2017.
8 The Statistics Portal, "Statistics and Facts about Construction in the U.S", website last visited on July 21, 2015.
9 New York Building Congress, website last visited on January 19, 2017.