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A college degree doesn’t guarantee a good paying job. And the reverse is even more true: Not having a degree doesn’t doom you to low paying jobs forever. In fact, many occupations that offer competitive pay don’t require any college.

According to the Bureau of Labor Statistics (BLS), about 60% of new jobs in the next decade won’t require a college degree. And many command salaries higher than $45,760, the median wage for all occupations.

We’ve gathered 21 good paying jobs you can get without a degree. We’ll also discuss the pros and cons of jumping into the job market right out of high school.

Reasons for Choosing Work Over a College Degree

Choosing to work over a college degree (or vice versa) is a personal decision that can’t be labeled “right” or “wrong.”

For many people, the cost of college is the main reason to choose work instead. Not everyone is willing or able to take on student loan debt.

Working can also allow people to experiment with different career paths until they find something that’s right for them.

If your main motivation for attending college is to secure competitive pay after graduation, know that there are many good paying jobs you can get without college.

Recommended: The Highest Paying Jobs by State

Who Jobs Without a College Degree or Work Experience Are For

Jobs that don’t require college are typically suitable for people who are interested in blue collar professions, such as technicians and machine operators. These jobs can also be good for people who prefer training outside a school environment, such as in an apprenticeship or on-the-job experience.

Pros and Cons of a Job Without a College Degree or Work Experience

Consider both sides before making a decision to skip college for a job.

Pros

•   High paying trade jobs hire candidates based on skills rather than credentials

•   You’ll get more experience in the field and earlier opportunities to move up

•   Education can be inexpensive or free, especially in a paid apprenticeship or on-the-job training

Cons

•   Fewer networking opportunities than college

•   Good candidates may not stand out alongside those with a degree

•   Earning potential is not as high overall

Average Salary of Workers Without a College Degree by State

The following table shows median salaries for workers without a college degree. Wages vary depending on whether workers have attended some college.

State	Median Salary with High School Diploma	Median Salary with Some College
Alabama	$36,274	$40,639
Alaska	$28,876	$32,511
Arizona	$27,431	$30,938
Arkansas	$30,938	$36,880
California	$33,001	$41,251
Colorado	$32,511	$39,188
Connecticut	$40,305	$44,345
Delaware	$33,527	$37,591
Florida	$28,876	$33,527
Georgia	$30,229	$35,267
Hawaii	$31,699	$37,282
Idaho	$30,938	$33,516
Illinois	$29,907	$32,511
Indiana	$32,898	$38,794
Iowa	$30,938	$35,559
Kansas	$30,479	$33,001
Kentucky	$28,772	$33,001
Louisiana	$30,479	$34,032
Maine	$38,607	$42,824
Maryland	$36,575	$45,343
Massachusetts	$30,479	$34,543
Michigan	$30,938	$36,095
Minnesota	$35,063	$39,188
Mississippi	$30,229	$34,032
Missouri	$26,813	$30,479
Montana	$30,073	$30,938
Nebraska	$29,221	$32,511
Nevada	$30,938	$31,969
New Hampshire	$29,971	$32,511
New Jersey	$36,095	$40,639
New Mexico	$38,157	$45,343
New York	$28,876	$32,511
North Carolina	$32,511	$38,673
North Dakota	$34,032	$40,305
Ohio	$30,938	$35,559
Oklahoma	$28,447	$31,969
Oregon	$30,479	$35,888
Pennsylvania	$32,244	$38,157
Rhode Island	$35,559	$39,188
South Carolina	$29,185	$32,244
South Dakota	$28,051	$30,938
Tennessee	$28,213	$32,691
Texas	$30,229	$35,267
Utah	$32,176	$37,126
Vermont	$32,003	$39,188
Virginia	$31,495	$35,559
Washington	$35,559	$40,639
West Virginia	$33,001	$36,575
Wisconsin	$29,020	$31,495
Wyoming	$35,559	$36,095

Data courtesy of The National Center for Higher Education Management Systems

21 High Paying Jobs That Don’t Require a College Degree

1. Wind Turbine Service Technician

National average salary: $56,260

Job growth outlook: 68%

Job description:

•   Install, repair, and maintain wind turbines

•   Collect turbine data for analysis

•   Service underground systems related to wind turbine maintenance

•   Minimum interaction with colleagues makes this a promising job for antisocial people

Requirements: Likely need certification

How to get started: You can attend a technical school for this occupation and learn additional skills on-the-job to advance your career

2. Solar Photovoltaic Installer

National average salary: $47,670

Job growth outlook: 52%

Job description:

•   Set up, assemble, and maintain systems which convert sunlight into energy

•   Connect panels to electrical systems

•   Perform routine maintenance of photovoltaic systems

Requirements: High school diploma or equivalent

How to get started: You’ll typically need to take courses at a technical college and receive on-the-job training

3. Security and Fire Alarm System Installer

National average salary: $48,320

Job growth outlook: 16%

Job description:

•   Ensures work aligns with relevant local codes

•   Install and program security and fire alarm wiring and equipment

•   Perform routine maintenance and repairs to wiring and equipment

Requirements: High school diploma or equivalent

How to get started: You can attend technical school or get an entry-level job and receive training there

4. Floor Layers

National average salary: $48,060

Job growth outlook: 12%

Job description:

•   Remove existing floor materials to prep for installation

•   Lay and finish materials on floors

•   Lay and set materials on other surfaces such as countertops, showers, and walls

Requirements: None

How to get started: You can work as an assistant or apprentice, and learn additional skills on-the-job to advance your career

5. Tile and Stone Setter

National average salary: $47,810

Job growth outlook: 12%

Job description:

•   Remove existing materials to prep surfaces

•   Apply tile or stone to floors, walls, and countertops

•   Lay tile and stone in accordance to design plans

Requirements: None

How to get started: You can work as an assistant or apprentice, and learn additional skills on-the-job to advance your career

6. Industrial Machinery Mechanic

National average salary: $59,840

Job growth outlook: 17%

Job description:

•   Disassemble and reassemble problematic machinery

•   Repair or replace malfunctioning machinery components

•   Perform tests and calibrate machinery to required specifications

Requirements: High school diploma or equivalent

How to get started: Work as an apprentice or assistant, and learn skills on-the-job

7. Commercial Diver

National average salary: $60,360

Job growth outlook: 21%

Job description:

•   Build, repair, and inspect structures submerged in liquid

•   Work in teams to coordinate underwater tasks

•   Work with other professionals to ensure tasks are conducted safely, such as with engineers to lay foundations for a bridge

Requirements: Technical school

How to get started: You’ll need technical school and on-the-job training to advance

8. Aircraft Mechanic and Service Technician

National average salary: $65,380

Job growth outlook: 12%

Job description:

•   Diagnose electrical or mechanical problems on aircraft

•   Ensure work meets performance requirements

•   Test parts of aircraft with diagnostic equipment

Requirements: High school diploma or equivalent

How to get started: You’ll likely need specialized certifications

9. Mobile Heavy Equipment Mechanic

National average salary: $58,030

Job growth outlook: 12%

Job description:

•   Perform routine maintenance on machinery

•   Diagnose and repair or replace defective parts

•   Travel to worksite for heavy or large equipment

Requirements: High school diploma or equivalent

How to get started: You may need technical school or an entry-level position and on-the-job training

10. Farm Equipment Mechanic and Service Technician

National average salary: $46,910

Job growth outlook: 11%

Job description:

•   Perform routine maintenance on farm machinery

•   Diagnose and repair parts on broken farm equipment

•   Maintain records of repairs and maintenance

Requirements: High school diploma or equivalent

How to get started: You’ll need either technical school or an entry-level position to receive on-the-job training

11. Millwright

National average salary: $60,330

Job growth outlook: 11%

Job description:

•   Inspect and replace or repair broken or defective machinery in factories, power plants, and construction sites

•   Test major components when necessary

•   May need to travel to conduct repairs and maintenance tasks

Requirements: High school diploma or equivalent

How to get started: You’ll need an apprenticeship program, which can last several years

12. Airfield Operations Specialist

National average salary: $47,880

Job growth outlook: 13%

Job description:

•   Coordinate between air traffic control and maintenance personnel

•   Implement airfield safety procedures

•   Monitor and maintain flight records

Requirements: High school diploma or equivalent

How to get started: You’ll need some training in technical school or on the job

13. Pump Operators

National average salary: $49,580

Job growth outlook: 13%

Job description:

•   Tend, control, and operate pumps (portable, power-driven, or stationary)

•   Handle equipment to transfer materials such as oil, liquid, and gasses to and from vessels

Requirements: High school diploma or equivalent

How to get started: You’ll typically need either technical school or to work as an apprentice and receive training on the job

14. Aircraft Cargo Handling Supervisor

National average salary: $53,540

Job growth outlook: 12%

Job description:

•   Coordinate and supervise loading, unloading, staging, and securing of aircraft baggage or cargo

•   May need to assist members of flight crews in handling in-flight cargo

•   May need to determine cargo quantity to ensure it’s loaded safely

Requirements: High school diploma or equivalent

How to get started: You’ll need related experience, such as cargo handling, to be promoted to the job

15. Commercial Pilot

National average salary: $99,640

Job growth outlook: 11%

Job description:

•   Fly and navigate aircraft such as airplanes and helicopters

•   Ensure aircraft is balanced and in good condition before flights

•   Monitor aircraft during flight, takeoff, and landing

Requirements: High school diploma or equivalent

How to get started: You’ll need to complete flight training

Recommended: Is $100,000 a good salary?

16. Subway and Streetcar Operator

National average salary: $81,180

Job growth outlook: 10%

Job description:

•   Drive and maneuver public transportation

•   Watch for obstructions and other vehicles at crossings and remain alert to potential hazards

•   Report delays or mechanical problems using dispatch devices like radios

Requirements: High school diploma or equivalent

How to get started: May need formalized training

17. Massage Therapist

National average salary: $46,910

Job growth outlook: 32%

Job description:

•   Speak with clients about symptoms, treatment goals, and medical history

•   Manipulate muscles, ligaments, and other soft tissues on the body

•   Offer guidance on stretching and strengthening muscles

Requirements: You’ll need to get certified and licensed

How to get started: Attend training school; some programs help with job placement. Wages may be paid by salary or hourly.

18. Community Health Worker

National average salary: $46,590

Job growth outlook: 21%

Job description:

•   Develop materials and programs to teach the community about health topics

•   Help community find health services

•   Analyze data from community to learn how to help and improve services

•   Good opportunity for working after retirement

Requirements: High school diploma or equivalent

How to get started: You’ll usually need certification and on-the-job training

19. Private Detective and Investigator

National average salary: $59,380

Job growth outlook: 13%

Job description:

•   Conduct surveillance and collect evidence for clients

•   Search records to gather clues

•   Interview people to collect information that will help investigation

•   Because investigations are increasingly conducted online, this can be an interesting work-at-home job for retirees

Requirements: High school diploma or equivalent; may need licensing, depending on the state

How to get started: You’ll most likely need work experience, so it’s best to get started assisting another private detective or investigator.

Recommended: Does Net Worth Include Home Equity?

20. Hearing Aid Specialist

National average salary: $59,500

Job growth outlook: 11%

Job description:

•   Administer and interpret hearing tests

•   Take ear impressions in order to prepare, design, or modify ear molds

•   Help select and fit hearing aids

Requirements: High school diploma or equivalent

How to get started: You can get hired as an assistant or apprentice and receive on-the-job training

21. First-Line Supervisor of Security Workers and Protective Service Workers

National average salary: $52,480

Job growth outlook: 10%

Job description:

•   Supervise and manage security and protective service staff

•   Create and maintain records related to the job

•   Ensure security and protective service workers are monitoring potential hazards and dangerous situations

Requirements: High school diploma or equivalent

How to get started: You’ll typically be promoted after years of experience

Recommended: What is The Difference Between Transunion and Equifax?

The Takeaway

It’s possible to earn a good income without having to complete a college degree. Many skilled positions still require technical school, apprenticeship, or on-the-job training. Certifications may also be required. Job growth looks promising for specialized mechanics and machine operators, security supervisors, and health workers. Other industries needing skilled labor include transportation, construction, and renewable energy. As long as you’re willing to put in the work and continue learning, you can be on your way to a fruitful career.

No matter how much you earn, it’s important to track your cash flow so that you can reach your financial goals. SoFi’s spending app helps you do that by monitoring your credit score, tracking your debts, and connecting all your accounts in one mobile dashboard.

Track your money like a champion with SoFi.

FAQ

What job gets paid the most without college?

Some of the best paid jobs that don’t require a college degree include those in construction, maintenance and repair, and transportation.

What is the easiest job to get without a degree?

The easiest jobs to get without a college degree include entry-level positions in the construction or transportation industries.

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SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the “Processing Agent”) data.

*Terms and conditions apply. This offer is only available to new SoFi users without existing SoFi accounts. It is non-transferable. One offer per person. To receive the rewards points offer, you must successfully complete setting up Credit Score Monitoring. Rewards points may only be redeemed towards active SoFi accounts, such as your SoFi Checking or Savings account, subject to program terms that may be found here: SoFi Member Rewards Terms and Conditions. SoFi reserves the right to modify or discontinue this offer at any time without notice.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

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You know when you’re an extrovert. So does your employer. If your vibrant personality doesn’t feel like a good fit with your current job, you may want to join the 26% of workers who report that they want to leave.

We’ve rounded up dozens of fulfilling jobs that pay well and welcome extroverts. Because sometimes, the grass looks greener elsewhere because it really is.

Are You an Extrovert?

Extroverts are known for their outgoing personalities that are energized by interactions with other people. They often enjoy the spotlight and seek attention. Employees with this type of personality thrive in roles that would be pure misery for antisocial people.

If this sounds familiar, pat yourself on the back: Being an extrovert often gives candidates a leg up in job hunting. Research shows extroverts are 25% more likely to land top jobs than their introverted peers. And remember, it’s never “too late” to make a job transition.

Recommended: The Highest Paying Jobs by State

Common Characteristics of Good Extrovert Jobs

The right job can make you feel more fulfilled in and out of the office. Extroverts are wise to look for jobs that offer:

•   Interaction with people

•   Frequent opportunities for communicating or persuading

•   Room for risk-taking

•   Opportunities to work with a larger team

•   Public recognition for good performance

•   Outlets to express positive energy

And don’t miss our roundup of trade jobs that make the most money.

27 Fulfilling Jobs for Extroverts That Pay Well

Here are some ideas of where you can start looking for fulfilling jobs that pay well. Our criteria in highlighting these jobs were frequent interaction with people, opportunity to manage teams, recognition for good performance, and outlets to express positive energy. And high pay doesn’t hurt.

1. Registered Nurse

Average salary: $92,871

Primary duties: Provide patient care and education. Patients and loved ones really appreciate an extrovert’s positive energy and communication skills.

2. Nurse Practitioner

Average salary: $118,040

Primary duties: Diagnoses and treats illnesses in patients. Like doctors, NPs may order prescriptions and procedures to improve the health of a patient.

Recommended: Does Net Worth Include Home Equity?

3. Physical Therapist

Average salary: $84,755

Primary duties: Helps injured people with pain, mobility, fitness, and overall function. Extroverts may enjoy demonstrating exercises and seeing progress in patients.

4. Physician Assistant

Average salary: $121,530

Primary duties: Practices medicine under the supervision of a licensed doctor. May prescribe medication or diagnostic tests.

5. Surgical Technician

Average salary: $108,807

Primary duties: Assists with surgeries, prepares the operating room, and organizes equipment. Best for an individual who can calmly assist under pressure.

6. Dentist

Average salary: $208,809

Primary duties: Provide preventative dental and surgical care for oral diseases and tooth decay. Sees many patients every day. Great dentists combine precision technique with the ability to reassure nervous patients. Here’s one job where paying off student loans shouldn’t be a problem.

7. Dental Hygienist

Average salary: $90,523

Primary duties: Under the supervision of a dentist, cleans teeth and helps with preventative oral care and education for patients. As with dentists, a positive, reassuring attitude is key.

8. Medical and Health Services Manager

Average salary: $101,340

Primary duties: Directs medical and health services, including hiring staff, creating work schedules, working with finance managers, and developing goals for a department or organization. Managers need strong egos to take charge and get employees to fall in line. (You might also be interested in Is $100,000 a Good Salary?)

9. Sales Representative

Average salary: $70,935

Primary duties: Sells products and services for businesses. High-energy, extroverted individuals often do well getting people to buy whatever they’re selling. Sales reps who work on commission can earn big bucks.

10. Marketing Manager

Average salary: $133,380

Primary duties: Develops a client base for a business, works on the brand image, oversees creation of marketing materials, and performs market research. Manages teams that implement the vision of the company. Positions range from staff jobs on salary vs. hourly pay for freelancers.

11. Industrial Engineer

Average salary: $95,300

Primary duties: Designs systems that integrate people, resources, equipment, and processes for building products or providing services. Engineers tend to be the center of attention while building systems for an organization.

12. Financial Manager

Average salary: $131,710

Primary duties: Responsible for the financial activities of an organization, including financial reporting, investments, and decisions that drive profitability. Managers oversee teams of people and the financial direction of an organization. (The next best thing to a personal financial manager? This spending app.)

13. Human Resources Manager

Average salary: $77,743

Primary duties: Responsible for the management of an organization’s talent recruitment, training, retention, compensation, benefits, and adherence to state and federal employment law. (These folks help determine entry level salaries.) Dynamic personalities in HR help companies attract high-performing employees to an organization.

14. Chief Executive Officer

Average salary: $131,398

Primary duties: Coordinates, directs, and manages the business activities of a company. Responsible for large groups of people and programs. CEO is typically not a job for introverts, though there are high-profile exceptions to that rule.

15. Real Estate Agent

Average salary: $93,714

Primary duties: Assists with the buying and selling of real estate. Advises clients throughout the process, on pricing, marketing, contracts, financing, and negotiation. Charismatic agents can make very competitive pay.

16. Police Officer

Average salary: $56,205

Primary duties: Protects life and property, keeps the peace, interacts with the public, investigates crimes, and files reports. While the starting salary isn’t huge, extras like holiday pay, night-shift differentials, and overtime can push salaries over $100,000. Some departments are even offering signing bonuses.

17. Talent Manager / Agent

Average salary: $116,410

Primary duties: Manages the business interests of artists, performers, and athletes. Works in booking, contract negotiation, and money management. Superior communication and negotiation skills required.

18. Producers and Directors

Average salary: $79,000

Primary duties: Direct the business and creative endeavors of visual productions for television, stage, and film. This is show business, baby!

19. Construction Manager

Average salary: $98,890

Primary duties: Directs construction projects, including timelines, scheduling subcontractors, managing budgets, responding to delays, finding resources, developing relationships, and ensuring work complies with legal requirements.

20. Architect

Average salary: $90,002

Primary duties: Combines structural requirements and client preferences to design beautiful and functional buildings and interior spaces. Works in a team with many other professionals. Bringing a vision to life can be incredibly rewarding for architects.

21. Mechanical Engineer

Average salary: $95,300

Primary duties: Addresses problems through the creation of mechanical and thermal devices. Works in teams to research, design, manufacture, and test tools, machines, and engines.

22. Public Relations Professional

Average salary: $62,800

Primary duties: Create and maintain a positive public image for clients through traditional media networks and social media platforms. Great communicators will perform above expectations in this job.

23. Social Media Specialist

Average salary: $56,770

Primary duties: Learn social platforms and engage followers. Build a brand’s reputation through images and text shared with the public. It’s one of those jobs that doesn’t require a college education. It can also be a fulfilling part time job.

24. Sales Manager

Average salary: $142,390

Primary duties: Direct sales activities for an organization. Develops new markets, trains sales representatives, coordinates distribution of a product or services, and creates goals for the department. Pursuing shared goals and collaborating with many people make this a great job for an extrovert.

25. Sales Engineer

Average salary: $103,710

Primary duties: Sells technical, complex, or scientific products or services to businesses. Persuasive individuals with a technical background are best suited for these roles. Also called software sales or technology sales.

26. Computer Systems Analyst

Average salary: $99,270

Primary duties: Also called systems architects, analysts design computer systems for organizations to help them operate more efficiently.

27. Pilot

Average salary: $134,630

Primary duties: Responsible for the safe operation of aircraft. Files flight plans, communicates with air traffic controllers and monitors weather conditions. May operate helicopters or planes as commercial or private pilots. High-achieving, extroverted personalities can do well. You may also want to read our tips on paying for flight school.

Recommended: What is The Difference Between Transunion and Equifax?

The Takeaway

Extroverts can do any job they set their mind to, but the most fulfilling jobs for extroverts are the ones where their work can be seen and appreciated by others. Extroverts gravitate toward careers that demand high performance, often under pressure: medicine, sales, finance, even the C-suite.

People who are passionate about their jobs often don’t have time for much else. The right financial software can help busy professionals manage their day-to-day finances. SoFi’s money tracker app is the kind of app that keeps any personality type on track. It monitors your credit score, tracks your spending, and helps you set savings goals – for free.

See what SoFi can do for your financial health today.

FAQ

What job is best for extroverts?

While there’s no one job that is best for everyone, extroverts tend to find jobs that harness their drive to perform and their superior people skills most fulfilling.

Do extroverts make more money than introverts?

Extroverts often make more money than their introverted peers. One study reported extroverts earned $12,000 more per year than their introverts.

Can part-time jobs be fulfilling?

Part-time jobs can be fulfilling. They may also allow you extra time to yourself. To find a fulfilling part-time job, search websites where this is a primary feature, such as Indeed.com.

Do fulfilling jobs ever pay well?

Fulfilling jobs can pay well. If you don’t want to sacrifice your financial well-being to enjoy a rewarding occupation, pay attention to salary reports from the Bureau of Labor Statistics. They can reveal where high-paying jobs and industries are.

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Photo credit: iStock/andresr

SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the “Processing Agent”) data.

Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.

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Want to boost your earning power? High income skills can translate to a bigger paycheck since employers or clients may be willing to pay a premium to workers who possess them. Generally, high paying skills are specialized skills that are considered to be in demand. They can include a mix of hard skills and soft skills.

What are the best high income skills to learn to bring in more cash? Here, you’ll learn about 15 high paying job skills, from IT to UX know-how, that may be worth picking up. They can hold the potential to help earn more money.

Why Learning New Skills Matters

Adaptability and the ability to learn can be invaluable, whether trying to land your first job or gig or one farther along in your career. Learning new skills can help you to better keep up with a changing job landscape. Here, some points to consider:

•   Acquiring high income skills could make it easier to stand out among the crowd when competing for positions or freelance gigs. You may have a more diverse range of job options to choose from. Your skills may also translate to a larger paycheck if they’re sought-after by employers or clients.

•   Some of the highest paying jobs are in the computer and information technology fields. If you’re able to learn the skills needed to get those jobs, either as a full-time employee or a freelancer, that could substantially boost your lifetime earnings.

•   Relevancy is also a factor. If you’re up to date on the latest high-paying skills that could make you much more valuable in an employer or client’s eyes. Should the company or client need to cut back on staffing, your job could be secure if you hold a skill set that your colleagues can’t match.

Recommended: 25 High-Paying Trade Jobs

15 High-Income Skills to Learn

The best high income skills to learn are ones that can help you to increase your earnings while also doing work that you enjoy. Certain high paying job skills may require a college degree to learn, while others you might be able to pick up without going to school.

Here are some of the best high paying job skills to learn now, including remote job skills and tech skills.

Quick Money Tip:Typically, checking accounts don’t earn interest. However, some accounts will pay you a bit and help your money grow. An online bank account is more likely than brick-and-mortar to offer you the best rates.

1. SEO Skills

SEO, or search engine optimization, involves knowing how to structure website content in order to push it to the top of search engine rankings. This skill is in high demand, and businesses are willing to pay well for it. The reason: Higher search rankings can translate to more clicks and more purchases.

It’s possible to find full-time SEO jobs, but you could also offer freelance SEO services if you’d like to be your own boss. Studying SEO experts and guides can be a good starting point for learning more about this skill.

2. Digital Marketing

Digital marketing is another way of describing advertising through digital channels. As people increasingly consume information online, digital marketers play an important role. They can help brands and businesses connect with current and prospective customers through social media, apps, and email marketing.

If you spend time online regularly, you might already have some knowledge of digital marketing and how it works. You could use that knowledge to your advantage to help clients make money on social media or target their ideal audience. There are also an array of courses you might take or certificates you might earn in this area.

3. Email Marketing

Email marketing is related to digital marketing but it focuses exclusively on advertising through email. For example, during the Black Friday season, stores may send out emails to customers that include coupons, promo codes, ads, or other special promotions. Those emails are written by an email marketer with the end goal of encouraging customers to click and make a purchase.

Becoming an email marketer is something you might consider if you have experience with marketing or the next high income skill that follows on this list.

4. Copywriting

Copywriting involves creating written content that’s intended to persuade. Similar to email marketing, copywriters help businesses and brands to sell their products and services.

Some of the ways you could leverage high income skills as a copywriter include writing website content, sales pages, marketing emails, sales brochures, or newsletters. Copywriting allows for further specialization if you’re focusing on a single niche. For example, you might write for petcare companies or companies in the beauty or wellness niche.

5. Video Editing

Video editors get paid to edit videos for social media, website content, and other channels. While written content still has high value among consumers, video is offering up strong competition, as evidenced by the growth of TikTok and YouTube.

Video editing is one of the best high-paying skills to learn for another reason. It doesn’t require a college degree. It’s a skill you can pick up through online study, often with minimal investment required.

6. Software Development

Software developers create operating programs for computers and other devices. Becoming a software developer starts with learning the basics of coding, which is something you might be able to do through a trade school or online coding bootcamp. Developers earn a median wage of $109,020 per year, so this could be a good high income skill to learn if you’re hoping to earn a six-figure salary.

7. Web Development

Web development is similar to software development, but the focus is on creating websites and web applications. Web developers need to be knowledgeable about programming languages like CSS and JavaScript. They also have to be familiar with different website-building platforms, such as WordPress. A web developer may work with a web designer to create new sites for clients or redesign existing ones.

8. Project Management

Project managers oversee the completion of large-scale projects from start to finish, often in information technology (IT) or computer-related fields. The project manager’s primary duty is to help the company or client they’re working with achieve their end goals for the project. Project managers may require certain hard skills, such as coding knowledge, but they can also utilize soft skills, such as effective communication and the ability to direct a team.

9. IT Skills

The IT field can offer up numerous high paying job opportunities, depending on which skills you have. A broad range of IT skills can fall under the high income umbrella, including:

•   Cloud computing skills

•   AI skills

•   Programming skills

•   Cybersecurity skills

•   Blockchain knowledge

Again, learning how to code can help you build a foundation for learning other valuable IT skills, which can be developed through specialized courses.

10. UX Design

UX refers to user experience, or how a person interacts with a product or service. It’s an important element of websites and apps, as well as physical products and services. When consumers visit a website or log in to their favorite apps, they want them to be fast and easy to navigate. Likewise, when someone purchases something or signs up for an online service, they want it to function the way they’re expecting it to. UX design experts help to iron out the kinds to deliver the best user experience possible. This can require specialized training, depending on whether UX design is delivered for a digital property or something more rooted in the offline world.

Recommended: Getting Back on Track After Going Over Budget

11. Content Marketing

Content marketing is related to copywriting, but it requires a different skill set. Content marketers create content that’s designed to draw traffic through search engines or social media, but it goes beyond sales pages or landing pages. A good example of content marketing at work is blogging. When executed effectively, blogging can build an audience and generate revenue through ads, product sales, services, or affiliate marketing.

12. Affiliate Marketing

Affiliate marketing means marketing another entity’s products or services and earning commissions each time someone makes a purchase. For example, a blogger who includes affiliate links to Amazon products in their web content might earn money if a reader clicks their links and buys something. Affiliate marketing could be an ideal high income skill to learn if you’re interested in generating passive income online.

13. Mobile App Development

Mobile apps are part of many people’s daily lives. They can offer convenience if you’re using them to log in to your bank account or manage your investments. Other apps can provide entertainment if you’re using them to watch videos, play games, or listen to music.

Companies can hire mobile app developers to create apps and test them before releasing them to the market. It’s possible that you could even try moonlighting work, and create your own mobile app and sell it, building a six- or even seven-figure business in the process.

14. Graphic Design

Graphic design skills could lead to a higher income if you’re creating designs for clients with big budgets or building a steady freelance business. Some of the ways you could make money as a graphic designer include designing logos, YouTube thumbnails, private label rights content, social media templates, or ebook templates. You could also apply your graphic design skills to create designs for a print-on-demand or Etsy shop.

Recommended: 15 Low-Cost Side Hustles

15. Soft Skills

Soft skills are a diverse professional toolkit. They’re based on a different sort of knowledge that doesn’t involve learning how to code or develop software. Examples of high paying soft skills include good communication skills, problem-solving skills, creative thinking, and time management skills. Employers and clients can value those skills just as much as some of the other high income skills on this list. These skills can be used in high level administrative, coordinator, and management positions.

Recommended: Life Skills That Can Help You Save Money

Tips for Developing High-Paying Skills

There are several options for learning the high paying job skills you might need to succeed. Which one you choose can depend on the skills you want to learn and how much you know about them already. Some of the possibilities for developing high income skills include:

•   Completing a two- or four-year degree program at a college or university

•   Attending a trade school

•   Utilizing online resources, like YouTube or blogs

•   Taking paid online courses that are independent of a degree program

•   Applying for internships or freelance jobs that could allow you to learn the skills you need

•   Asking someone who already possesses your desired skill set to act as your mentor

Working with a professional coach to help you develop your skills.

Some of these options cost money; others don’t. If you’re on a tight budget, then you might want to start with free resources like well-rated YouTube tutorials. After that, you could consider what kind of investment you might want to make in a paid course or degree program.

Trade school can be more affordable than a four-year college or university for learning certain skills. What is trade school good for learning about? Web development, web design, coding, and video editing are just a few high paying skills you could brush up on. Community colleges and continuing ed programs at universities may also offer affordable classes that will allow you to develop your talents.

If you’re considering applying high income skills to start a freelance business, it’s also a good idea to give some thought to the financial side. Financial planning for freelancers includes things like budgeting for irregular income, learning how to set your rates, filing taxes, and saving for retirement.

The Takeaway

If your goal is to earn more money, learning some new high income skills can definitely be worthwhile. From content marketing to UX design to copywriting, there are many avenues to pursue as you build the expertise that can help you earn more money.

Better banking is here with SoFi, NerdWallet’s 2024 winner for Best Checking Account Overall. Enjoy up to 4.60% APY on SoFi Checking and Savings.

FAQ

What are high demand skills?

High demand skills are job skills that are highly sought-after by employers and clients. Examples of high demand skills can include knowledge of coding and HTML, SEO expertise, and digital marketing experience. Employers may be willing to pay more for high demand skills if there’s a smaller pool of available workers who have them.

What are the top skills you should learn for the future?

Many of the skills that are likely to be in-demand in the future are connected to computers and technology. Understanding of artificial intelligence (AI) or blockchain technology, for example, may be desirable as more companies focus on these types of innovations.

How can I land a high paying job?

Learning some high income skills could help you to land a high paying job, if those skills are in-demand and there are fewer qualified candidates to fill the available jobs. Other ways to increase your income include asking for a raise, taking on a second job, or starting a profitable side hustle.

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SoFi members with Qualifying Deposits can earn 4.60% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Qualifying Deposits means one or more deposits that, in the aggregate, are equal to or greater than $5,000 to an account holder’s SoFi Checking and Savings account (“Qualifying Deposits”) during a 30-day Evaluation Period (as defined below). Qualifying Deposits only include those deposits from the following eligible sources: (i) ACH transfers, (ii) inbound wire transfers, (iii) peer-to-peer transfers (i.e., external transfers from PayPal, Venmo, etc. and internal peer-to-peer transfers from a SoFi account belonging to another account holder), (iv) check deposits, (v) instant funding to your SoFi Bank Debit Card, (vi) push payments to your SoFi Bank Debit Card, and (vii) cash deposits. Qualifying Deposits do not include: (i) transfers between an account holder’s Checking account, Savings account, and/or Vaults; (ii) interest payments; (iii) bonuses issued by SoFi Bank or its affiliates; or (iv) credits, reversals, and refunds from SoFi Bank, N.A. (“SoFi Bank”) or from a merchant.

SoFi Bank shall, in its sole discretion, assess each account holder’s Direct Deposit activity and Qualifying Deposits throughout each 30-Day Evaluation Period to determine the applicability of rates and may request additional documentation for verification of eligibility. The 30-Day Evaluation Period refers to the “Start Date” and “End Date” set forth on the APY Details page of your account, which comprises a period of 30 calendar days (the “30-Day Evaluation Period”). You can access the APY Details page at any time by logging into your SoFi account on the SoFi mobile app or SoFi website and selecting either (i) Banking > Savings > Current APY or (ii) Banking > Checking > Current APY. Upon receiving a Direct Deposit or $5,000 in Qualifying Deposits to your account, you will begin earning 4.60% APY on savings balances (including Vaults) and 0.50% on checking balances on or before the following calendar day. You will continue to earn these APYs for (i) the remainder of the current 30-Day Evaluation Period and through the end of the subsequent 30-Day Evaluation Period and (ii) any following 30-day Evaluation Periods during which SoFi Bank determines you to have Direct Deposit activity or $5,000 in Qualifying Deposits without interruption.

SoFi Bank reserves the right to grant a grace period to account holders following a change in Direct Deposit activity or Qualifying Deposits activity before adjusting rates. If SoFi Bank grants you a grace period, the dates for such grace period will be reflected on the APY Details page of your account. If SoFi Bank determines that you did not have Direct Deposit activity or $5,000 in Qualifying Deposits during the current 30-day Evaluation Period and, if applicable, the grace period, then you will begin earning the rates earned by account holders without either Direct Deposit or Qualifying Deposits until you have Direct Deposit activity or $5,000 in Qualifying Deposits in a subsequent 30-Day Evaluation Period. For the avoidance of doubt, an account holder with both Direct Deposit activity and Qualifying Deposits will earn the rates earned by account holders with Direct Deposit.

Members without either Direct Deposit activity or Qualifying Deposits, as determined by SoFi Bank, during a 30-Day Evaluation Period and, if applicable, the grace period, will earn 1.20% APY on savings balances (including Vaults) and 0.50% APY on checking balances.

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The labor market is a key component of the economy, as it represents the supply and demand for workers and their respective wages. Labor market indicators are statistics that reflect the state of the labor market, providing information about employment levels, wage growth, and other factors that can impact the overall economy.

A wide range of analysts, from economists to investors to business owners to policymakers, pay close attention to various labor market indicators to help gauge the state of the economy. These data can play a critical role in determining how investors and businesses make investment decisions and how policymakers shape laws and regulations that affect society.

What Is the Labor Market?

The labor market, also known as the job market, is where workers and employers come together to find jobs and workers, respectively. It is critical to the economy because the supply and demand for labor determines wages and other employment-related issues.

The labor market is influenced by various factors, including the overall health of the economy, the level of education and training of the workforce, and government policies that impact employment and wages. The labor market can also be affected by broader economic trends, such as globalization and technological change.

Strong employment levels, low unemployment, and rising wages characterize a healthy labor market. These developments may indicate a robust economy and can lead to improved living standards for workers and their families. On the other hand, a weak labor market can signal economic difficulties, like a recession, and result in lower wages and higher levels of unemployment.

The labor market plays a crucial role in the functioning of the economy. By paying attention to the labor market and labor market indicators, investors can better evaluate the health and well-being of the economy, which may help inform investment strategies.

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Common Labor Market Indicators

Investors, economists, and policymakers use several common economic indicators to evaluate the state of the labor market. These indicators, most of which are released by the Bureau of Labor Statistics (BLS) , can provide valuable information about employment levels, wage growth, and other factors that can impact the economy.

Some of the most common labor market indicators include:

Unemployment Rate

One of the most closely watched labor market indicators is the unemployment rate, which is the percentage of the labor force that is not currently employed but is actively seeking work. This number can give insight into the overall health of the economy, as a high unemployment rate can indicate a sluggish economy. A low unemployment rate may signal a strong economy where most workers can find jobs.

The unemployment rate is calculated by dividing the number of unemployed workers actively seeking work by the total number of individuals in the labor force (which includes both employed and unemployed workers). The unemployment rate is expressed as a percentage. For example, if there are 100 unemployed workers and 500 individuals in the labor force, the unemployment rate would be 20% (100/500 = 0.20).

Nonfarm Payrolls

Nonfarm payrolls, also known as nonfarm employment or total nonfarm payrolls, measure the number of people employed in the United States. The nonfarm payrolls number is derived from the monthly Employment Situation report (also known as the Jobs Report), which is based on a survey of nonfarm establishments. This survey excludes farm workers, private household workers, employees of nonprofit organizations, and other types of businesses.

The nonfarm payroll number is considered an essential indicator of the state of the labor market, as it provides information about employment levels across a wide range of industries. A rising nonfarm payroll number can indicate a strong labor market and a growing economy, while a falling number can signal economic difficulties.

Average Hourly Earnings

Average hourly earnings is a measure of the average wage earned by workers. Along with the nonfarm payrolls report, it is released monthly by the BLS and is considered an important indicator of wage growth and the well-being of workers.

Average hourly earnings are calculated by dividing the total wages paid to workers by the number of hours worked. This number is then expressed in terms of an average hourly wage. For example, if the total wages paid to workers are $100,000 and the total number of hours worked is 2,000, the average hourly earnings would be $50 per hour (100,000/2,000 = 50).

Average hourly earnings can provide valuable information about the state of the labor market and the well-being of workers. Rising average hourly earnings may indicate that workers are seeing their wages increase, which may signify a strong labor market and a growing economy. However, rising wages may be a cause of inflation. On the other hand, falling average hourly earnings may signal economic difficulties and stagnant wages.

Employment-to-Population Ratio

Another critical labor market indicator is the employment-to-population ratio, which is the percentage of the population that is currently employed. This indicator is calculated by dividing the number of employed individuals by the total population.

The employment-to-population ratio can give a sense of the extent to which the labor force is being utilized. A high employment-to-population ratio can indicate a strong labor market, while a low ratio can signal economic difficulties. Additionally, this ratio can also be used to compare the employment levels of different groups within the population. For example, analysts may use the ratio to compare the employment levels of men and women or to evaluate the employment levels of different age groups.

Labor Force Participation Rate

The labor force participation rate (LFPR) is the percentage of the population that is either employed or actively seeking work. It is calculated by dividing the number of individuals in the labor force (which includes both employed and unemployed workers) by the total population and is expressed as a percentage. The LFPR can provide information about the availability of workers in the labor market and can be used to evaluate trends in the workforce.

JOLTs

JOLTS, or the Job Openings and Labor Turnover Survey, is a monthly survey conducted by the BLS. It provides data on job openings, hiring, separations (including layoffs, discharges, and quits), and other labor market dynamics in the United States.

The JOLTS data can provide insight into employment and job growth trends and can also be used to identify potential labor shortages or surpluses. For example, a high number of job openings and quits can indicate a strong labor market, while a low number can signal a weak labor market.

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Initial Jobless Claims

Initial jobless claims, also known as new unemployment claims or jobless claims, measure the number of individuals who have filed for unemployment benefits for the first time. This number is released weekly by the United States Department of Labor (DOL).

The number of initial jobless claims is a measure of the pace of layoffs in the economy. A rising number of initial jobless claims can lead to a weak labor market and a slowing economy. In contrast, a falling number can signal a strong labor market and a growing economy.

Continuing Jobless Claims

Continuing jobless claims, also known as continuing unemployment claims or continuing claims, is a measure of the number of individuals who have filed for unemployment benefits and have yet to find a job. Like initial jobless claims, this indicator is released weekly by the DOL.

The number of continuing jobless claims provides information about the number of individuals who have been unable to find work after filing for unemployment benefits. A high number of continuing jobless claims can indicate a weak labor market, suggesting that many workers are struggling to find employment. On the other hand, a low number of continuing jobless claims can signal a strong labor market, as it suggests that most workers can find jobs.

The Takeaway

Labor market indicators are an important tool for understanding the state of the economy and the health of the labor market. By tracking these indicators, you can better understand the factors that drive employment, wage growth, and the economy and make more informed decisions about your investments. Depending on the data, labor market indicators may show a strong economy, which may be a positive sign for your portfolio, or vice versa.

Ready to build your own portfolio to meet your financial goals? SoFi can help. With a SoFi Invest® online investment account, you can trade stocks, exchange-traded funds (ETFs), fractional shares, IPOs, and more with no commissions.

Take a step toward reaching your financial goals with SoFi Invest.

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