What is the Employment Outlook for the Field of Engineering?

The employment outlook for the field of engineering was good a decade ago and continues to be good. Perhaps it’s because the field offers so many options or because the wages are good. This is a field that, while it may fluctuate, continues to grow every year. Because there are so many different types of engineers, this is a group of educated individuals who play important roles in many areas of our lives. Here are some interesting facts for individuals who might be considering careers as engineers.

Employment Outlook For Various Engineers?

The U.S. Bureau of Labor Statistics (BLS) projected that engineers overall should see a job growth of four percent between 2014 and 2024. The bureau also reported that around 65,000 new engineer jobs would be added during that decade. The employment outlook varies for different engineer types. Here are the employment outlooks for various types of engineers during that same ten-year period.

• Biomedical engineer – 23.1 percent

• Environmental engineer – 12.4 percent

• Petroleum engineer – 9.8 percent

• Marine engineer – 8.9 percent

• Civil engineer – 8.4 percent

• Mechanical engineer – 5.3 percent

• Computer hardware engineer – 3.1 percent

Engineering careers continue to be popular for many reasons. They are not only considered as very lucrative, but they also offer various disciplines and job types. Engineers have a tendency to earn wages higher than the national averages for these jobs.

The Most In-Demand Jobs in This Field

Forbes reported that engineering was the most popular college major choose by high school seniors in a 2014 survey done by CareerBuilder. At the time of that report, there were about 1.6 million engineering jobs in the United States. Of that number, two-thirds of these jobs were taken by civil engineers, mechanical engineers, industrial engineers, electrical engineers and electronics engineers.

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Salary Potential for Engineers

Engineers not only have interesting and rewarding jobs but also make good wages. Factors such as degree level, years of experience, employer and geographical location all play a role in determining wages. With that being said, here are the annual median wages for different types of engineers according to 2016 wage report by the BLS.

• Petroleum engineers – $128,230

• Computer hardware engineers – $115,080

• Aerospace engineers – $109,650

• Chemical engineers – $98,340

• Electrical engineers – $94,210

• Marine engineers – $93,350

• Materials engineers – $93,310

• Biomedical engineers – $85,620

• Environmental engineers – $84,890

• Industrial engineers – $84,310

• Mechanical engineers – $84,190

• Civil engineers – $83,540

Jobs Ranked Highly

Three different types of engineers are ranked in the U.S. News & World Report 100 Best Jobs category in 2018: mechanical engineers, civil engineers and petroleum engineers. Here are the overall rankings for these three occupations, according to U.S. News.

• Mechanical engineers – No. 1 in Best Engineer Jobs; No. 7 in Best STEM Jobs and No. 37 among 100 Best Jobs

• Civil engineers – No. 2 in Best Engineer Jobs; No. 9 in Best STEM Jobs and No. 39 among 100 Best Jobs

• Petroleum engineers – No. 93 among 100 Best Jobs

Engineers perform a lot of different tasks throughout their day, which might be why this career fascinates so many young students today. Depending on the specific area of engineering the student might choose, engineers are the creative minds behind many designs and projects. These are just a few reasons why the employment outlook for engineering is so good.

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