In-Demand Jobs That Will Stay Hot in 2024: Insights from Payscale

Last Updated on January 4, 2024 by Robert C. Hoopes

Payscale Reveals Top Jobs with Major Wage Growth in 2023, Predicts Continued Demand in 2024

In its latest report, Payscale has identified ten jobs that experienced significant wage growth in 2023 and are expected to remain in-demand in 2024. These findings are crucial for individuals looking to shape their MBA careers and determine the most promising job opportunities.

Among the top ten jobs with substantial wage growth were customer service assistant manager, hairdresser, master plumber, automotive body repairer, job coach, and audio/visual technician. These occupations saw median pay growth ranging from 18% to 24%, with customer service assistant manager showing the largest increase.

An interesting highlight from Payscale’s report is that the master plumber had the highest median yearly pay at an impressive $82,700. This furthers the notion that trade and self-employment positions dominate the list of in-demand jobs, while white-collar “knowledge” worker jobs are noticeably absent.

Payscale predicts that the jobs highlighted in their report will continue to be hot commodities in 2024. This reflects ongoing industry changes and the growing tension between employees and employers. The report suggests that trends like job coaches and self-employment will persist as workers seek more flexibility and work-life balance.

To compile these findings, Payscale surveyed over 770,000 individuals with jobs. This extensive research ensures that the conclusions are representative of a broad range of workers and industries.

These findings are particularly noteworthy in light of ongoing economic uncertainty. Despite this, the job market remains driven by employees and job-seekers. U.S. employers have budgeted for average base salary increases of 3.8% for their workers in 2024, indicating continuing growth and promising opportunities for job-seekers.

It is also worth mentioning that the U.S. unemployment rate in November was approximately 3.7%, according to the U.S. Department of Labor. This suggests a strong job market where individuals can pursue their desired career paths.

In conclusion, Payscale’s report on the top ten jobs with significant wage growth in 2023 and their expected demand in 2024 offers valuable insights to individuals planning their MBA careers. With trade and self-employment positions taking the lead, these findings underscore the increasing importance of job flexibility and work-life balance.