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  • The Woolf Partnership

“When you go after honey with a balloon, the great thing is to not let the bees know you’re coming.”—Winnie the Pooh

In honour of A.A. Milne's birthday today we thought we would consider the lovely Winnie the Pooh and his penchant for honey. What are the most sought after, stickiest and sweetest industries of 2024? Get your teeth into sweet statistics on in-demand skills, juicy roles, and tips on how to evade the heffalumps and land your dream job.


Talent shortages in many critical industries mean that there’s plenty of opportunity for job seekers with the right skills. Take a look at the highlights of the hot job market in 2024.


Cybersecurity

Cybersecurity encompasses all aspects of protecting internet-connected devices from attacks via malicious sources. It can also mean training employees on how to spot phishing scams, building digital resilience within organisations, and even “ethical hacking.” This is where a trained cybersecurity specialist emulates a cyberattack to test the strength of a system’s defences.


Cybercrime is set to cost the world $9.5 trillion in 2024, thanks to the rise in Internet of Things (IoT) devices and cloud-based business apps.


Technology

Despite the large scale redundancies in technology businesses last year, tech is most definitely not dead. As more aspects of professional life become digital, organisations need computer systems they can rely on. The search for efficiency and reliability means that analysts and engineers will have plenty of career options in 2024. A global talent shortage means that talented techies could have their pick of top roles across multiple industries. In fact, you could end up designing, maintaining, or monitoring systems for any of the industries highlighted above! Did we mention how excited we are about the exceptional diverse talent in the market?


E-Commerce

Online retail will always be big business, and as we move into 2024, shifting technologies will shape changes in this marketplace. AI is impacting e-commerce already, with fast-fashion giants like Shein utilising it for product development. Predictive ML will drive marketing campaigns and customer interactions, and increasingly granular data analysis will help make all kinds of retail processes more efficient.


E-commerce provides a hot job market for professionals in data analytics, marketing, customer support, web design, or people management.


Biotechnology

Biotechnology is a steadily growing industry that currently employs over 1.66 million people in the United States alone. Unsurprisingly, microbiologists and epidemiologists (those who investigate causes of disease) are highly in demand. Salary ranges are definitely higher in the US than UK but demand is high all the same.


Finance and FinTech

2023 was a tumultuous year for FinTech (financial technology) organisations, particularly with the disastrous collapse of Silicon Valley Bank back in March. Despite ensuing struggles to raise capital, the outlook for the FinTech industry is good for 2024, powered by VC funding and successful technological innovation. 


Healthcare

Post-pandemic, the focus on healthcare quality and making services available remotely has increased exponentially. Candidates with experience in healthcare and technologies like artificial intelligence (AI) and machine learning (ML) could be in demand in 2024, particularly in the realms of eldercare and long-term care.


Technology spans across patient supervision, data collation, and even continuous improvement of service quality. Of course, there’s still the requirement for compassionate, patient caregivers, nurses, and other healthcare workers, where talent is always sought.


Construction

The construction industry has faced many challenges lately, including rising material costs, supply chain issues, and a national labour shortage.

Savvy job seekers will look at green energy, manufacturing, and other supported sectors, as these are likely to have the most career opportunities.


What have we missed? You tell us!

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