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I-O a “Hot Job,” Shows Job Increases Through 2018, According to Labor Department

Even in a tough job market, employment of I-O psychologists is expected to grow 26% through 2018, according to the U.S. Department of Labor, and a recent article in the Wall Street Journal online cites I-O psychology in its story on the “Hot Jobs” of 2018.
Amidst a struggling economy, prospective I-O psychologists should still enjoy some job growth in the next decade, according to the Department of Labor and a May 26 article on the Wall Street Journal online titled “What Will Be the Hot Jobs of 2018?” The article lists some of the most noted careers in demand right now, such as many healthcare careers and technology jobs, but it also cites psychologists as an in-demand field for the future.
“Psychologists will be in demand, but growth will be fastest in industrial and organizational psychology,” the article states.
This information comes from one of the most reliable authorities of job-growth information, the Labor Department’s 10-year forecast for demand, pay, and competition for more than 300 jobs in 45 categories.
 “The department’s latest biannual compilation, published last month as the Occupational Outlook Handbook, is great for sizing up the long-term outlook for most fields,” the article continues.
The Labor Department’s Occupational Outlook Handbook 2010-2011 edition elaborates on how the employment growth in psychology will vary by specialty. Although clinical, counseling, and school psychologists will have 11% growth, industrial-organizational psychologists will enjoy a 26% growth in employment through 2018, the report states. All other psychologists should expect a 14% growth.
According to the Handbook, industrial-organizational psychologists will be in demand to help boost worker productivity and retention rates in a wide range of businesses.
“Industrial-organizational psychologists will help companies deal with issues such as workplace diversity and antidiscrimination policies,” according to the department. “Companies also will use psychologists’ expertise in survey design, analysis, and research to develop tools for marketing evaluation and statistical analysis.”
SIOP’s Web site offers several useful employment resources for prospective and current I-O psychologists. Some of those resources offered to both students and professionals include:
  • JobNet job listing, where you can find employers looking for exactly the skills you have to offer;
  • Two free Webinars, facilitated by the SIOP Visibility Committee, on the topics of graduate school and careers in I-O psychology and getting a job in I-O psychology;
  • Graduate Training Program information, which lists schools that offer graduate programs in I-O and related fields;
  • AnI-O internship page dedicated to listing organizations that offer internships to students as well as providing tips for landing and succeeding in an I-O internship; and
  • State-by-state information regarding licensure of I-O psychologists.
To read more about the Labor Department’s projections and statistics for I-O psychology, visit the Occupational Outlook Handbook Web site here.