The Motherlode Fall 2024

ELECTRICIAN $60K-$100K annually

There is an increasingly large gap of qualified electricians, both commercial and residential. Rising demand for construction, manufacturing, technology, and utilities has also increased the demand for installations, repairs, and maintenance. More importantly, almost 10,000 electricians retire or change careers annually with the less than necessary electricians needed to fill this growing void. Fortunately, this exponential shortfall is creating even greater demand. Employment of electricians is expected to be twice the rate of all other occupations with a projected growth of 6% annually until 2032. According to the BLS, electricians, union and non-union, earn a median annual income of $61,590, while the highest paid 10% made $104,000. 4 If a person is interested in joining this vital workforce, he/she will need a high school diploma or GED and be at least 18 years old. Then, they will be required to find an apprenticeship, and complete specialized training and coursework. 5 The opportunities are great and job security seems to be high for this buzz- worthy career! ELECTRIC LINEMAN $80K-$100K annually Electrical linemen are a subset of electricians trained in working with high voltage. Even with the positive projections for electricians, linemen encounter even greater opportunities with attractive incomes and a very high demand. The US has an aging electric grid and it is in serious need of repair, restoration, and modernization. The industry is clamoring for more employees in this highly-capitalized industry. Job posting activity in the field increased by 12% in the last year. 6 However, it takes a certain type of person to enter this career - it’s not for the faint of heart. You certainly need to like working outdoors and you can’t be afraid of heights. Also, expect to work in the middle of the night during extreme weather conditions while handling high-voltage electrical equipment. ELEVATOR MECHANIC $63K-$140K annually Much like many other industries the elevator industry, which includes escalators and moving walkways, is evolving to include more advanced technology like connectivity, enhanced safety features, and even multi- directional elevators. 8 Being an elevator mechanic can be lucrative with average salaries at $79,797 and the possibility of advancement with experience and certifications that can pump up income into the six figures. Forecasts show an annual employment growth rate of 3% from 2018 to 2028. 9

HEARING AID SPECIALIST $60K+ annually

The aging U.S. population is growing significantly as Baby Boomers are becoming older adults. It is common to experience natural hearing loss as one ages and the need for Hearing Aid Specialists is growing quickly by 16% a year according to the BLS. To enter the field, basic certifications are required and there is plenty of room to grow professionally as the technology continues to evolve. Many Hearing Aid Specialists can also make commissions, increasing their earning potential even more. HVAC TECHNICIAN (HEATING, VENTILATION, AND AIR CONDITIONING) $54K-$87K annually If you find satisfaction in building with your hands and seeing projects to completion, consider a career in HVAC! After earning skills from classes or an apprenticeship, these respected tradespeople are in high demand with consistent employment, and reliable pay. Mastering these skills can make you a highly sought- after technician, opening the door to a rewarding career with growth opportunities.

PLUMBER $60K+ annually

Plumbers are tradespeople in high demand, who enjoy a recession-proof career. To work in these fields, apprenticeships and certifications are needed. However, there are many job opportunities for people with technical skills who are diligent, industrious, and eager.

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