According to Federal Reserve data by the advocacy group Young Invincibles, millennials are worst off than their parents when it comes to job salaries, student loan debt and home ownership rates. The data showed that millennials earn 20 percent less than baby boomers did at the age in life. Millennials also have a median net worth of $10,090, 56 percent less than it was for baby boomers.
White millennnials, who despite making less than than white baby boomers, are still making more money than Black and Latino millennials.
These are the 10 best and worst jobs for 2017, according to the yearly report from CareerCast, a database for job industries. The report looked at 200 jobs and used key metrics like income, projected job growth, work environment, amount of physical work required and stress to determine their ranking.
Worst jobs
10. Taxi Driver—Median Salary: $24,300 / Projected Growth: 13 percent
9. Retail sales—Median Salary: $22,900 / Projected Growth: 7 percent
8. Firefighter— Median Salary: $48,030 / Projected Growth: 5 percent
7. Advertising sales—Median Salary: $50,380 / Projected Growth: -3 percent
6. DJ—Median Salary: $30,830 / Projected Growth: -11 percent
5. Pest control—Median Salary: $33,040 / Projected Growth: -1 percent
4. Military personnel—Median Salary: $27,936 / Projected Growth: N/A
3. Logger—Median Salary: $37,590 / Projected Growth: -4 percent
2. Broadcaster—Median Salary: $38,870 / Projected Growth: -9 percent
1. Newspaper reporter—Median salary: $37,820 / Projected Growth: -8 percent
Best jobs
Below are the best jobs in 2017 according to CareerCast. Note the significant jump from the worst paying jobs to the top paying jobs and their projected growth.
10. Speech Pathologist—Median Salary: $73,250 / Projected Growth: 22.65 percent
9. Occupational Therapist—Median Salary: $81,910 / Projected Growth: 29.04 percent
8. Software engineer—Median Salary: $100,690 / Projected Growth: 17 percent
7. Mathematician—Median Salary: $111,298 / Projected Growth: 22.31 percent
6. University professor—Median Salary: $72,416 / Projected Growth: 15.24 percent
5. Data scientist—Median Salary: $111,267 / Projected Growth: 15.75 percent
4. Information security analyst—Median Salary: $90,120/ Projected Growth:18 percent
3. Operations research analyst–Median Salary: $79,200 / Projected Growth: 30 percent
2. Medical services manager—Median Salary: $94,500 / Projected Growth: 17 percent
1. Statistician—Median Salary: $80,110 / Projected Growth: 34 percent
For more information and a full list of the different careers, where they rank among the top or bottom careers and more, visit CareerCast.com.
