5 best industries for job seekers in 2023

The present is not an easy time for you to be a job seeker. Inflation is creeping up by the moment and unemployment levels are on the rise. The US labor market is experiencing a turbulent time as employers try to adjust to rising interest rates and costs of operation. Some businesses have a thriving market while others, such as the tech industry, are experiencing massive layoffs.

We will surely experience the effect of these tech layoffs on the 2023 job market. If you have become unemployed recently, and have not started a job search yet, it might be time for you to do so. In fact, we shared some great motivational tips for you to start a job search a few weeks ago. Want to know which sectors will have a flourishing job market in the coming year? Read on.

E-commerce

It comes as no surprise that the first industry that will have booming success in 2023 is the tech sector. Physical sales plummeted and a large number of consumers turned to online purchasing due to convenience during the pandemic years. Between 2017 and 2022, the number of workers in the e-commerce and online auctions sectors in the US increased by 15%. Morgan Stanley predicts that e-commerce will reach 27% of global retail sales by 2026.

Cloud Computing

After the Covid pandemic hit us, we saw how industries all over the world became interested in digital transformation. Remote work and automation concepts that were considered unacceptable by employers previously became the norm over the past two years. Cloud computing has a huge role to play in the digital acceleration of businesses. Companies need technology that makes it easier for their remote workers to collaborate. Between 2022 and 2030, the cloud computing market will grow by 15.7% per year. You don’t need to be a total tech whizz to snag a job in cloud computing. The industry needs project managers, cybersecurity specialists, consultants, administrative workers, and a whole lot of other professionals.

Artificial Intelligence

AI is one of the biggest hypes in the corporate world today. Many organizations are replacing their staff with AI. There are different kinds of AI helping surgeons perform surgeries to automation tools that help businesses handle data entry. The global AI market is set to grow by 20.1% between 2022 and 2029. AI has links with a lot of other sectors, including cloud computing and IoT.

Healthcare

This is the first non-tech-related industry on our list. The U.S. Bureau of Labor Statistics (BLS) predicts that employment in healthcare will increase by 13% between 2021 and 2031. This makes the healthcare sector one of the most promising areas of work for aspiring professionals. The sector has a large collection of technical roles including physicians, nurses, and aides. But also, the healthcare industry has a large number of roles for management, admin, and other kinds of work. Interested in a career as a medical and health services manager? they get paid a median value of $101,340.

Hospitality

The hospitality industry was hit really hard by the pandemic. Many hospitality employers were left unable to operate. A lot of people in the industry lost their jobs. The hospitality industry owned 7 of the 20 positions in leisure in the list of jobs with the fastest-growing wages and salaries in the BLS projection. The industry has many openings, from service positions to managerial positions.

True, economists are warning about the unstoppable recession hitting us in the coming year. But don’t let that discourage you from your job search!