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Engineering Employment Outlook
Why choose Engineering? Engineering is an extremly important field. It can be challenging and exciting at the same time, and you can really make a difference in the world. Albert Einstein is quoted as saying "Scientists investigate that which already is; Engineers create that which has never been."
The Engineering field is still wide open and engineers are in demand. According to the Bureau of Labor Statistics, employment of architecture and engineering occupations is projected to grow 3 percent from 2014 to 2024, adding about 67,200 new jobs. The median annual wage for architecture and engineering occupations was $76,870 in May 2015. The median annual wages for all occupations in this group was higher than the median annual wage for all occupations in the economy, which was $36,200.
Most new jobs:
Civil engineers +23,000
Fastest growing (in percent):
Biomedical engineers 23%
Fastest declining (in percent):
Aerospace engineering and operations 2%
Petroleum engineers $129,990
Agricultural Engineers 75,090
Civil Engineer and Mechanical Engineer are some of the best jobs in engineering. Heightened emphasis on improving infrastructure contributes to the strong pay prospects ($82,220 median) and steady growth outlook for Civil Engineers, while Mechanical Engineers can expect to command a median wage of $83,590 and seeing average growth (5%) over the next decade.
Biomedical Engineering will see some of the largest growth (23%) through 2024, much faster than average of all occupations. Growing technology and its application to medical equipement will increase the demand for work of biomedical engineers.
Petroleum Engineers command a median wage of $129,990. Their high pay can be attributed to the new ways in which petroleum companies extract fossil fuels. This field is also expected to see a 10% growth over the next decade.
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Information technology and engineering withstood the job-market impact the Great Recession brought to other industries. Now that the employment landscape has started to improve, IT & Engineering are two of the most lucrative sectors for job seekers in a buyers' market.
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