May 26, 2021
Service-providing industries, including IT, management, and healthcare, have seen the biggest job growth in recent years, even during the COVID-19 pandemic, finds new research from ERShares.
In a new white paper, “Entrepreneurial Companies Create More Jobs,” the authors investigate which industries have shown the largest increases in job creation, as well as the industries that are losing jobs.
In particular, the tech sector including information technology operations, data processing, and related processing has spurred significant job growth even during the pandemic. It’s predicted to continue adding jobs.
IT, Healthcare to Lead in Job Growth
According to the paper, in the ten years ending 2029, the management, scientific, and technical consulting services industry is projected to grow by 334,200 jobs. Computer systems design and related services is projected to grow by 574,500 jobs over the same time period.
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ERShares: Why This Investment Manager Doesn’t Invest in Bitcoin
By the ERShares Team
ERShares’s proprietary methodology, the Entrepreneur Factor, has embedded ESG factors since its inception. ESG is an integral part of the ERShares investment philosophy, and therefore, the firm rarely faces a trade-off between investment opportunities and ESG policy compliance along the investment process.
The firm positions itself as a thought leader and has taken measurable actions to encourage companies they invest in to consider ESG angles. They realize that beyond the encouragement of particular ESG initiatives to the preceding companies, it is far more critical and impactful to bring awareness of the ESG issues at hand.