Sales and marketing were the fastest growing jobs from January 2009 to March 2014, according to TriNet's SMBeat. SMBeat provides a monthly analysis of small business and human capital indicators, and its March report focuses on growth in certain employment areas, such sales and marketing, software engineering and operations.
Sales and marketing
Since the Great Recession, the sales and marketing fields have averaged annual increase of 25 percent each of the past four years. The demand for these positions has been strong across most industries, particularly for the tech sector where an increase of an average 42 percent annually over the past four years has occurred. The retail and wholesale sector increased these positions by an average 24 percent between 2010 and 2013. For all sectors, sales and marketing jobs are projected to grow by 33 percent in 2014.
Software engineering jobs have risen an average 20 percent each year since 2009 and are expected to increase 18 percent in 2014. These roles are found in almost every sector due to the increase in digital technology and access to cloud-based computing. The tech sector has the fastest growing demand for software engineering jobs with an average annual increase of 30 percent between 2010 and 2013. The life sciences sector has also grown an average 12 percent annually in the past four years.
The slowest expanding job sector is in operations, which includes back-office and support positions. This sectors has only increased an average 9 percent annually between 2010 and 2013. Operation jobs are expected to grow 7 percent in 2014. Some sectors, such as life sciences and personal services, have had above average growth. Life sciences have had an annual average increase of 12 percent in the past four years and personal services, 15 percent.
Job expansion has averaged 189,000 positions per month over the past 12 months. For March 2014, the net job growth was 0.86 percent. Hiring from February decreased slightly from 3.6 to 3.36 percent and terminations decreased from 2.79 to 2.5 percent.
As the demand for these jobs continues to rise, businesses will need to partner with engineering, operations and technical recruiters. These recruiters can find skilled workers for companies in any sector. These experienced candidates will help companies expand their business and continue growing.