“Hiring trends are likely going to vary depending on industry and company size,” Parikh says. “Bigger companies that have enough cash flow and booming industries like tech and healthcare may see hiring surges at the beginning of the year, while smaller businesses or those in impacted industries like service and hospitality may hold off hiring until summer.”
That means that 2021 may be the year to step out of your industry comfort zone or take the leap into a career pivot—especially if you want to increase your chances of landing a job more quickly or if you were already considering a career change.
Here are some key industries to watch, according to experts:
- Tech: 2020 was a big year for tech companies, largely because they don’t rely on physical storefronts for business and can often operate almost entirely online, as most of their employees can work from home. And “the technology industry will continue dominating the market" in 2021, says Cristina de la Cruz, Regional Vice President of Robert Half Technology, a Bay Area–based human resources consulting firm.
- Healthcare and health tech: “The healthcare and tech industries will continue to expand as the pandemic continues to make society more health-conscious and reliant on technology,” Beasley says. Look for hiring across a wide variety of healthcare-focused organizations, including frontline providers and virtual medical care. We should also start gaining back some of the preventive care jobs that were lost in 2020.
- Fintech: “Even before the pandemic, the financial services industry was trending toward online banking. COVID accelerated the transition away from a brick-and-mortar presence, so we’ll likely see more jobs in the online banking and fintech sectors,” Parikh says.
- E-commerce: You know all of that online shopping we’ve been doing? It’s had an impact. “We’re going to see an increased focus on e-commerce and consumer goods, as there’s been a rise in people buying products rather than services,” Parikh says. Companies that were already online or were able to navigate the transition to selling almost exclusively through the web will likely continue adding headcount to meet demand into 2021.
- Customer service: “There’s going to be a lot of demand around anything involving customer service," says Todd Bavol, CEO of Integrity Staffing Solutions, an agile recruiting and staffing firm. This should translate into increased demand for customer service representatives across a variety of industries, but most notably software (as companies continue to rely on virtual business and remote work) and retail (as consumers continue to do the majority of shopping online).
- Renewable energy: This industry has been trending upward for a while as we’ve become increasingly aware of the climate crisis. And it looks like climate change will be a top priority for the new presidential administration, so it’s likely that we’ll see growth in the green energy space.
While these are some of the larger industries to watch, this isn’t an exhaustive list. De la Cruz also pointed out that a variety of leading industries across the finance, accounting, and legal spaces will continue hiring in 2021.
Read More: 15 Kinds of Jobs That Are In Demand—and Growing—Heading Into 2021
How to Adapt
- Determine whether you need to pivot. If your industry is expected to continue to grow in 2021, you’ll want to focus on making yourself the strongest candidate possible. This could mean taking on a project to keep your skills sharp, increasing your networking efforts, or reevaluating your resume. But if most (or all) of your experience is in an industry that’s been hard-hit by the pandemic, like hospitality or travel, you might want to consider looking for a job in a new space where many of your skills would translate, like e-commerce or virtual customer support.
- Identify your transferable skills. “Take stock of the skills you have from your previous industry and determine which skills will be most relevant and transferable,” Parikh says, and think about how you might build or enhance them. She also suggests partnering with a career coach for help crafting a compelling message about your transferable skills.
- Do your research. When making a career pivot, it’s important to learn as much as you can about the role or industry you’re looking to move into. “Look at...job postings and think about how your skills relate,” Bavol says. “Go on LinkedIn and look at the profiles of people who have the job you want. Look at their work history and how they describe their roles. Every industry has its own terminology, so make sure you’re using that terminology on your resume.”
- Continue to expand your network. Talking to people in the industry you’re targeting can help you understand the trends and identify which skills will be most important to potential employers. And remember, there are lots of different ways to network. “Use any and all opportunities right now to attend virtual conferences, join networking organizations, and be part of discussions that are of interest to you,” de la Cruz says.
- Show your enthusiasm. “Show that you’re humble and hungry,” Parikh says. “In many cases, hiring managers would rather hire applicants who are eager to enter their field, who’ve done their research, and talked to people about the industry, so long as they have basic skills and can be trained. Demonstrating a genuine passion for your career will take you far.” That means you should have a top-notch elevator pitch ready to go and be prepared to talk about your reasons for making a switch during an interview .