This Job Pays Six Figures and Employers Can’t Fill It Fast Enough

As of May 2019 the U.S. unemployment rate was 3.6%, the lowest in five decades.

Fewer than 6 million Americans are unemployed. Yet those  numbers don’t reveal the quality of available jobs and the reality of wage stagnation.

The average American salary is about $60,000 or $900 a week. Still, decades of wage stagnation means that the buying power of today’s wages are about the same as it was 40 years ago.

Wages barely increased, rising by 0.2% annually in that time.

No matter how hard Americans work they can’t seem to get ahead as much as they want. About 13 million Americans work more than one job.

This amounted to more than 5.1% of the  workforce in August 2018.

While we all can’t work the jobs we want, it doesn’t hurt to gain extra education or skills acquisition. For instance, there is one job that is considered the number one job in America, and it that has high vacancies.

The best job?

Data scientist has been listed as the number one occupation on job market website Glassdoor for four consecutive years.

The criteria for this designation includes occupational happiness, pay rate and number of available vacancies. A data scientist is someone who combines the roles of computer scientist, mathematician and social media trend analyzer.

Data scientists analyze and process the information generated by a business. They look for issues that could solve problems or optimize possible business opportunities. A data scientist can make more than $108,000 annually.

There were over 6,500 openings for this job this year.

The second-best job on Glassdoor’s list was nursing manager, which pays $83,000 annually and has almost 14,000 job openings.

Even though data scientists are in high demand, the reason why may be the rigorous education standards and skills required for the job. Almost 50% of data scientists have a PhD and most at least have a master’s degree.

To effectively analyze large amounts of business data most data scientists study statistics, mathematics, engineering, and computer science.

While it may be the number one job in America, getting that job requires a depth of knowledge for qualification that takes time and money to acquire.

Small-cap winners galore

The big stock market winners share one common attribute: Near the beginning of the ascent of their shares, the companies offer revolutionary products or services, are market leaders in their respective industries, or both. Some big stock market winners that possessed the attributes outlined above are Netflix (NFLX), which we recommended to investors in October 2002; Intuitive Surgical (ISRG), which we bought and recommended in July 2004; Baidu.com (BIDU), which we bought and recommended in August 2006; and MercadoLibre (MELI), which we recommended to investors in October 2010. Get up-to-date small-cap stock picks from David Frazier, editor of Small-Cap Profit Confidential.
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Smarter cryptocurrency investments

The stock market crash of 2008 was the catalyst for his journey into alternatives. And interestingly, it was the impetus behind the creation of Bitcoin and the blockchain technology behind it. Keene Little wasn’t ready to risk his money yet but he was very curious, so he began charting Bitcoin’s technical patterns. What finally convinced him to dip a toe into digital currencies was seeing that they followed familiar price patterns that could be analyzed and successfully acted on. Now he shares those insights with subscribers to the Crypto Wealth Protocol.
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