This is the fourth post in a series about the best jobs by ed level for 2012. See the original post here. As you look at this data, please note that the preliminary 2012 data is still a projection.
In this post we explore 2012’s best-performing jobs based on growth and income at the master degree level. Our analysis is based on labor market data from EMSI’s 2012.1 Covered Employment release, which is drawn from over 80 state and federal data sources. We use Analyst, EMSI’s web-based labor market analysis tool, to assemble and filter this data. The tool contains detailed information on over 1,100 industries and 800 occupations.
The Greatest Number of New Jobs
Our first table shows the occupations related to master’s level education that have gained the greatest number of new jobs since 20008. Here are the biggest winners:
- Physical therapists added 19,300 new jobs
- Physician assistants added 11,000 new jobs
- Mental health & substance abuse social workers added 10,400 new jobs
Notice that nearly all the occupations here are linked with either healthcare (SOC code 29) or community & social services (SOC 21).
[table id=318 /]
Best % Growth
- Geographers grew by 32%
- Economists grew by 25%
- Physician assistants grew by 15%
- Physical therapists grew by 12%
It’s always interesting to notice which jobs have grown by both numbers and percent (such as physician assistants) as opposed to those that have impressive proportionate growth while adding paltry few new jobs (geographers).
[table id=319 /]
Our final table shows the master’s-level jobs that pay above $35.00 an hour (2011 median hourly wage). The highest paying jobs on the list are:
- Political scientists ($48.01)
- Industrial-organizational psychologists ($44.68)
- Economists ($43.87)
And be sure to look at how many occupations are related to life, physical, and social science (SOC 19): seven out of 10 jobs.
[table id=320 /]
The Jobs that Grow as Well as Pay
If we were to look at growth and wages together physical therapists, physician assistants, and economists are definitely some of the best to consider. Also, occupations in the life sciences arena seem to be doing well.