Job Growth in the U.S. by Industry
Job Growth in the U.S. by Job Title
The bad news? The Newspaper industry claimed the title of the fastest shrinking industry in the U.S. The good news? Online publishing was one of the fastest growing industries during the same time period.
According to Linkedin:
The fastest-growing industries include renewables (+49.2%), internet (+24.6%), online publishing (+24.3%), and e-learning (+15.9%). Fastest-shrinking industries were newspapers (-28.4%), retail (-15.5%), building materials (-14.2%), and automotive (-12.8%).
In terms of post-recession recovery, IT, marketing & advertising, computer software, and insurance are the largest industries that fell heading towards the end of the recession in 2009 but in 2011 are at or above their 2007 employment level. Financial services is starting its recovery and real estate appears to have bottomed out. Several industries such as newspapers, supermarkets and telecom have continued to shrink throughout the sample period.
In terms of job titles, The Economist presented Linkedin data to show that:
one of the fastest-growing job titles in America is “adjunct professor” (an ill-paid, overworked species of academic). One of the fastest-shrinking is “sales associate”
As the Economist points out, an adjunct professor is someone a university convinces to work for peanuts in exchange for the word “professor” somewhere in his resume. I assume if “adjunct professor” jobs are growing, “professor” jobs are declining.