The Bankwatch

Tracking the consumer evolution of financial services

Top careers for the next few years is telling for Banks’

 US News produces a list of the top careers for the next few years, and there are some surprises, at least for me, and the speed of social transition. 

U.S. News has sifted through trends in the economy and the workplace and has identified 25 professions that will be in growing demand as baby boomers age, the Internet becomes ubiquitous, and Americans seek richer, simpler lives.

Source: Best Careers 2007

Here is the list – surprises for me:

  • lack of scientists
  • lack of technology (except for System Analyst)
  • No Financial jobs!  Bankers beware!

Medical related and Management Consultant comprise the top 1/3 in salary.









Higher Ed. Administr.

Landscape Architect


Management Cnsltnt.

Medical Scientist

Occupational Therapist




Physician Assistant

Politician/elected off.


Registered Nurse

School Psychologist

Speech-Lang Therapist

Systems Analyst

Urban/Regional Planner

Their analysis and rationale is well covered here.  Here are some highlights:

  • Not surprisingly, nine of the 25 careers in the U.S. News list are in healthcare.
  • U.S. News also identified a number of desirable careers in the nonprofit and government sectors, where job security is usually strong.
  • The list also takes into account the trend among employers to outsource jobs that can be done more cheaply in low-cost countries like India and China. That’s one reason a lot of popular computer-related jobs no longer make the cut.
  • Occupational therapists, clergy, and management consultants, for example, work directly with clients, which requires personal presence and a human touch. Those careers are very resistant to being moved offshore
  • Other events could shake up the outlook for certain jobs in 2007. Such as:
  • Terrorism. Many experts predict further terrorist attacks on U.S. soil. If that should happen, watch for a hiring boom in the areas affected. A cyberterrorist attack, for instance, would produce lots of jobs for computer-security experts. If the water supply gets poisoned, toxicologists will suddenly be in high demand.

    Healthcare reform. New national measures could be years away, but lots of states are passing their own reforms. One result could be plummeting pay for physicians, [insert link] on top of even more onerous paperwork requirements.

    Immigration. The growth in America’s Hispanic population seems likely to skyrocket, creating a virtually unlimited demand for translators

Its a fascinating view of how the western world is evolving in significant ways. 

Relevance to Bankwatch:

I searched through their site and no mention of Financial, positive or negative.  Financial jobs in many peoples minds have been outsourced to technology.  The implicit assumption is that relatively simple technology can put consumers in touch with the financial services they need. 

The mystique is gone!


Written by Colin Henderson

March 31, 2007 at 15:07

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