What Is the Projected Job Growth?
Management jobs are expected to grow by 5% from 2019 to 2029, a rate faster than the average expected expansion across all occupations. This will mean an estimated 505,000 new management positions across a variety of different industries.
Exact business manager growth figures are largely dependent on the success of the respective industries hiring business managers. Because business managers are responsible for managing businesses in healthcare, educational, industrial, automotive, technological, and other markets, the outlook is difficult to forecast.
Still, the need for business managers to tie financial goals, employee management, and corporate best practices together is only expected to increase in years to come.