If you're one of those people who's still discouraging your kids from pursuing an education and career in IT because you see that path as a dead end, at least give them all the facts. Let them know that of the top six best-paying jobs they'll be able to find through 2018, two of them are projected to be IT jobs.
That finding is based on an analysis of Bureau of Labor Statistics figures conducted by 24/7 Wall St., a provider of analysis and commentary for equity investors. No. 4 on the list was software engineer, and the No. 6 spot was systems analyst. Here's the write-up for the software engineer job category:
4. Computer Applications Software Engineers
- Total new jobs (2008-2018): 175,100
- Pct. increase: 34 percent
- Median income: $94,180
- States with most jobs per capita: Washington, Colorado, Virginia
In the age of the mobile app and cloud computing, few positions are becoming as essential as software application developers. In 2008, 514,000 people worked in this position. By 2018, the BLS National Employment Matrix projects there will be 175,000 additional positions. According to the BLS's description of the job prospects for software developers, "As a result of rapid employment growth over the 2008 to 2018 decade, job prospects for computer software engineers should be excellent. Those with practical experience and at least a bachelor's degree in a computer-related field should have the best opportunities." Those willing to put in the time to get certified will be well compensated. The median annual income is nearly $100,000.
And here's the write-up for the systems analyst job category:
6. Computer Systems Analysts
- Total new jobs (2008-2018): 108,100
- Pct. increase: 20.3 percent
- Median income: $77,740
- States with most jobs per capita: Virginia, Delaware, New Jersey
Computer systems analysts build and manage computer networks for companies for use in file sharing and inter-office communication. They also maintain web security within the network. This position, only 30 years old, is expected to grow by 20%, adding nearly 110,000 jobs before the end of this decade. While an increasing number of businesses are requiring bachelor's degrees, it is still very possible to get a job as a systems analyst with just a high school diploma and some certification. The median annual income, $77,740, is also one of the best salaries one can get without a college degree.
In case you're interested, here's the methodology
24/7 Wall St. reviewed Bureau of Labor Statistics' National Employment Matrix, which provides projected growth between 2008 and 2018 for the Bureau's 750 major job categories. We then identified the jobs that are going to add the largest number of new positions - at least a 20% increase - and then selected those that had a median annual income of at least $60,000. These reflect the best-paying jobs that will also have the highest demand for new workers in the future.