Tech Jobs in Demand, Hospitality Jobs Decline in the Job Market Forecast– Tek Ladder

The Job Market Forecast: Tech Jobs to Grow Through 2029 While Hospitality Jobs Fall

In 2020, the U.S. Bureau of Labor Statistics predicted a steady increase of computer networking jobs through the next decade, even prior to COVID-19 and its staggering effects on the job market. But how has the pandemic pushed this prediction into even loftier heights – all the while accelerating the decline of hospitality jobs? 

 

When the U.S. Bureau of Labor Statistics released its 2019-2029 Employment Projection Summary six months into the COVID-19 pandemic, it did so without taking into account the worst public health crisis in a generation. The research had been completed, the projections foretold. But with COVID-19 affecting as many areas of the job market as it did, the Bureau decided to re-release its projection report in February 2021, this time factoring the pandemic into their prognosis. Hospitality jobs were predicted to fall in this new report, while one corner of the job market strengthened: tech jobs, specifically entry level tech jobs. 

Entry Level Tech Job Boom

 

In the original September 2020 job projection report, tech jobs were expected to increase throughout the decade as a result of a strong emphasis on technological advancements, including automation, IT security, e-commerce, and software development. Entry level tech jobs were forecasted to rise significantly — Information Security Analyst positions were projected to grow 31.2% through the decade, while Database Administrator jobs were projected to grow 9.7%.  

As a result of COVID-19 and the rise in telework, these position projections only increased — Information Security Analysts job projections jumped to a 43% increase, while Database Administrator job projections sprang to 15.6%.  

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As much of the country shifted to a work-from-home schedule, the importance of security and network administration became blaringly apparent. In early 2020, employees hastily packed up their computers, cleaned out the breakroom fridge, and settled into a telework environment. As the number of remote employees increased, IT professionals went into overdrive to ensure sensitive company data was protected. They made sure their employees were secure, connected to the network, and well-settled into a work-from-home life. Now, as more companies realize they can reduce overhead costs and increase employee satisfaction by allowing employees to work from home and as employees transition to a more regular work-from-home or hybrid schedule, IT professionals and their skills are only becoming more apparent. 

Hospitality Job Decrease

 
It’s not a complete mystery why hospitality jobs decreased in the past year — but it is interesting that the Bureau is predicting a decrease in hospitality jobs through the end of the decade. It’s important to note that the Bureau’s ten-year job prediction report is indicative of wider structural changes to our job market as opposed to short-term, sporadic changes. Yet, jobs in the food and drink space are predicted to fall through 2029, even after the dangers the pandemic present to the public have subsided (hopefully). This projected decrease in hospitality jobs indicates the public’s long-term, seismic shift in shopping and dining behaviors as a result of the 2020 pandemic. 
 
To get into the meat of it, hospitality jobs in the food and drink space that were projected to increase in the pre-COVID report are now predicted to fall, including the roles of bartenders, waiters, hosts, and coffee shop employees. For example, waiter and waitress positions are now expected to decline 12.9% in the coming decade, bartender positions are predicted to fall 13.8%, and host and hostess jobs are projected to drop 18%. 
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And it’s not strictly food and drink related jobs that will be affected. Due to persistent automation efforts and the rise of e-commerce, occupations that were once a necessity can now be completed online by consumers. Other jobs expected to fall in the coming decade include cashiers, travel clerks, receptionists, and hotel desk clerks.  

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While this job projection report is subject to change, it’s clear that hospitality jobs are losing their footing in our job market while tech jobs are gaining steam. Due to foreseen technological advances as well as the unforeseen adoption of remote work, this increase in tech jobs is more than likely going to be a permanent trend into the next decade and beyond. 

How Can I Get Into IT?

 

The industry needs fresh tech talent. With the rise of automation, e-commerce, telework, and telehealth, tech opportunities are continuing to grow. Luckily, you can get your start in IT in only 2 months with Tek Ladder’s Online IT Program— no prior IT experience required. Tek Ladder is an online IT training school designed to get you on the road to a new career. Talk to an Admissions Advisor today to find out how to get started. 

Sources

U.S. Bureau of Labor Statistics – Employment Projections: 2019-2029 Summary

U.S. Bureau of Labor Statistics – Employment projections in a pandemic environment

New York Times – The Jobs the Pandemic May Devastate

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