What is the Employment Outlook for the Field of Human Resources?

The Human Resources field has changed dramatically in the last decade but that does not mean that there is no longer a demand for HR professionals. As HR professionals become less focused on administrative work and more focus on being involved in the strategic planning of an organization, the demand for educated and experienced has risen. Anyone who plans to study for a degree in Human Resource Management or a related field should learn what the research says about outlook and job demand.

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Bureau of Labor Statistics Job Outlook Research

The Federal government’s Bureau of Labor Statistics is committed to surveying current employees, organizations and students to project several different key points that are entered into the BLS Occupational Handbook. Average earnings, educational requirements, and outlook are all researched. The Occupational Handbook is the most reliable source of information to find what the outlook in a field is.

The most current handbook to cover the field of HR projects how the field will change between the years of 2016 and 2026. According to the bureau, approximately 38,900 jobs will be created during that 10-year span. This is reported growth of around 7 percent, which is ‘as fast as average’ for all fields. Growth is expected to be much higher in Human Resource Management, where the BLS reports there will be 9 percent growth.

Outlook By Region

There are a number of factors in the HR field that can affect what the outlook is for specific applicants. While there is a need for HR professionals in every region of the country, some regions are home to more headquarters and more businesses than others. One thing that sheds a positive light on the field is that there is a need for professionals with HR experience in every industry.

Anyone who is studying for a general education in HR or graduate students who are pursuing their business degrees in Human Resource Management should take the time to look at employment by state. According to Occupational Employment Statistics, for specialists with a generalized knowledge, states with the highest level of employment include California, Texas, Florida, New York, and Pennsylvania. For managers with more specialized knowledge, the highest levels are in California, New York, Illinois, Texas, and Massachusetts.

Educational Level

Experience in a field can help applicants attract attention while searching for a position, however, education has become a huge focus. Many recruiters are putting education before experience when hiring HR specialists. Both education and experience are stressed for a majority of HRM jobs.

Outlook is best for job seekers who are applying for HR specialist roles when they have a Bachelor’s degree majoring in a relevant field. While some organizations hire applicants with an Associate’s degree or less, a 4-year degree is desired. Prospective managers will enjoy the best job prospects if they have a Master’s degree and/or certification.

Projections through the Bureau of Labor Statistics are based on employment statistics and enrollment information provided by colleges. While the information is not 100 percent spot-on, it is useful to reference when making future career decisions. While Human Resources is not a field that is growing faster than any other field in the nation, it is still one that shows the potential for a lot of growth and a lot of change.