The overall unemꦰployment rate remained relatively steady since late 2021, hovering around 4%. However, some industries fare better than others. Here are several that are doing💛 well, boasting the lowest unemployment rates.

How Unemployment Data Is Calculated

The U.S. Bureau of Labor Statistics 🌜(BLS) routine🌌ly surveys the employment landscape to calculate the number of employed and unemployed persons each month. The unemployment statistic is widely reported and considered a component of the health of the overall U.S. economy. Yet, there’s some confusion about where these numbers originate.

To get the employment numbers, the government conducts a monthly survey called the 澳洲幸运5开奖号码历史查询:Current Population Survey (CPS). The survey participants come from a pool of approximately 60,000 households that includes individuals from representative parts of the entire country. Adhering to strict guidelines, 澳洲幸运5开奖号码历史查询:U.S. Census Bureau employees contact these households in person or by phone to determine the employment status of the inhabitants.

Determining who is unemployed and 🍃who is employed is straightforward. According to the BLS, people with jobs are employed. Individuals without jobs but who are seeking a job or are available fﷺor work are unemployed. People who are neither employed nor unemployed are considered not in the workforce.

Industries With the Lowest Unemployment Rates

The table below contains information from the October 2024 Employment Situation report from the BLS. The report shows the unemployment rates for various occupations and industries through October 2024. The unemployment rates ranged from 2.2% for installation, maintenance, and repair occupations to 5.5% for transportation and material moving occupations (a subset of production, transportation, and material moving occupations).

Occupa🔯tions With the Highest Pr⛦ojected Growth Rates

澳洲幸运5开奖号码历史查询:Jobs with low unemployment rates dovetail with positive future employment opportunities. Below is a list of promising jobs with the lowest unemployment rates and solid🦹 growth rates in the future.

Information Security Analyst

Information security analysts plan and execute various security measures to protect an organization's computer networks and systems from threats. They install software and maintain firewalls.

Employment for information security analysts is expected to grow by 33% from 2023 to 2033, according to the BLS. The need for preventing cyber attacks, hacks, and protecting sensitive data is likely to increase in the future.

The employment crisis for cybersecurity experts is expected to continue, with an estimated 3.5 million unfilled positions worldwide in 2025.

Medical and Health Services Manager

Medical and health services managers are projected to experience employment growth of 29% from 2023 to 2033, according to the BLS. Medical and health services managers direct and plan the business activities of healthcare providers. Almost 161,000 jobs are expected to be added in this field from 2023 to 2033.

Occupational and Physical Therapy Assistant and Aid🎃e

Occupational and physical therapist assistants and aides are responsible for assisting physical therapists with helping patients rehabilitate following an injury or illness. The responsibilities for physical therapist assistants can include helping the patient exercise, regain movement and balance, as well as pain management. The responsibilities of physical therapist aides can include managing the therapy equipment and treating a patient's wounds.

Employment growth for physical therapist assistants and aides is forecasted to grow by 19% from 2023 to 2033 due to an increase in healthcare needs as a result of an aging population.

Financial Manager

Financial managers perform 澳洲幸运5开奖号码历史查询:financial analysis and create financial reports for companies and organizations. Financial managers also are involved in developing long-term financial plans for investment activities, financial goals, and maintaining the financial health of a company. Employment for financial managers is expected to grow by 17% from 2023 to 2033.

Software Developer (Applications and Systems)

This highly technical job within the information technology industry is projected to experience employment growth of 17% from 2023 to 2033, according to the BLS. With nearly 328,000 jobs expected to be added, the employment growth rate is likely to be far better than most jobs.

Industrial Engineer

Industrial engineers help design an efficient process and eliminate waste that could be costly or time-consuming. Industrial engineer jobs are forecasted to grow by 12% from 2023 to 2033 as companies continue to look for ways to boost efficiency and lower costs.

Computer Systems Analyst

Computer systems analysts help companies operate more efficiently by designing computer systems and their processes. Computer systems analysts are forecasted to experience a 11% growth rate in employment from 2023 to 2033. Information technology services are expected to be in high demand in the future as companies implement cloud computing, and healthcare facilities become more technologically advanced.

Web Developer

Web developers create websites. They design the look and feel of a website and manage its technical aspects. Web developers are also responsible for improving the performance, speed, and capacity of a website. Web development jobs are expected to grow by 8% from 2023 to 2033 due to an increased demand for e-commerce and mobile devices.

The Bottom Line

Across the country, the unemployment outlook varies by region. That said, high worker demand and low unemploym🍒ent exi🍌st in the technology, business, and healthcare sectors. Whether or not you have a four-year college degree, a variety of positions are available today—and are expected to be into the future—that have low unemployment rates and high projected growth.