Math Occupations

Employment of math occupations is projected to grow 28 percent from 2016 to 2026, much faster than the average for all occupations, which will result in about 50,400 new jobs. Growth is anticipated as businesses and government agencies continue to emphasize the use of big data, which math occupations can analyze.

Math occupations had a median annual wage of $84,060 in May 2017, which was higher than the median annual wage for all occupations of $37,690.

Employment of management analysts is projected to grow 14 percent from 2016 to 2026, faster than the average for all occupations. Demand for consulting services is expected to grow as organizations seek ways to improve efficiency and control costs. As markets become more competitive, firms will need to use resources more efficiently.

Demand for management analysts is expected to be strong in healthcare. This industry segment is experiencing higher costs in part because of an aging population. In addition, more management analysts may be needed to help navigate the regulatory environment within health insurance.

Information technology (IT) consultants are also expected to see high demand. Businesses will seek out consulting firms to help them attain a high level of cyber security, and make sure their IT systems are efficient and up to date.

Growth will be particularly strong in smaller consulting companies that specialize in specific industries or types of business function, such as information technology or human resources. Government agencies will also seek the services of management analysts as they look for ways to reduce spending and improve efficiency.

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