Industrial and Organizational Psychology: A Growing Job Prospect


03 June 2010
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The flailing economy has left the job market to be anything but predictable. However, the U.S. Department of Labor's biannual report meets that unpredictability at the core and looks towards the future of the job market.

The biannual "Occupational Outlook Handbook 2010-2011," which looks at job trends for the next ten years, was recently released according to the Wall Street Journal. While careers such as biomedical engineering topped the list of "Hot Careers for 2018" at the news source, psychology is expected to grow 12%, or by 19,700 jobs, in the next 10 years.

Most of the growth will be in the fields of industrial and organizational psychology, according to the report, which is expected to grow almost 26%. Clinical, counseling and school psychologists are expected to increase by 11% and all other psychology fields are expected to grow by 14%.

According to the report, more psychologists will be added to the workforce due to an increased demand for psychologists in schools, hospitals, consulting firms and private companies.

The median wage for a psychologist was $64,140 in 2008, according to the Bureau of Labor Statistics.
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