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Time of India
20 hours ago
- Health
- Time of India
Top 6 high-paying careers to pursue in the USA
Students around the world view pursuing higher studies in the United States as a pivotal step towards building a successful career. The US job market offers a wide range of opportunities, and it is important to secure a career that offers long-term growth, stability, and a strong return on investment (ROI). While choosing a field of study should always align with one's interests and strengths, it is equally important to consider where that degree will take you in the job market. Career decisions become more informed when supported by real data on income trends, job outlook, and industry demand. Using the recent data from the US Bureau of Labour Statistics (BLS), we have identified six careers that stand out for their high earning potential and sustained demand across various sectors. These professions blend financial reward with long-term relevance, making them a practical choice for students planning to pursue their careers in the United States. Physicians and surgeons Physicians and surgeons top the list of high-paying American careers. The BLS reports a median wage of $239,200 (approximately ₹2 crore) or more annually for this group. Subspecialties such as pediatric surgery, cardiology, orthopedic surgery, radiology, and anesthesiology can earn even higher average incomes, ranging from $300,000 to $450,810 (ranging from ₹2.5 crore to ₹3.8 crore). by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Brass Krishna Idols For Prosperity & Protection In Life Luxeartisanship Shop Now Undo The career demands years of study, including medical school, but the return is substantial. Graduates also benefit from strong job growth, with an expected 4 percent increase in employment over the next decade. Dentists and orthodontists Dental specialists such as orthodontists and oral and maxillofacial surgeons also rank among the highest earners. Median annual wages for dental specialists exceed $239,200 (approximately ₹2 crore), according to BLS data. Aspiring dental professionals must complete a professional dental degree followed by advanced training in a chosen specialty. The demand for dental specialists continues to grow due to increased emphasis on preventive care and overall oral health, making it a financially and professionally rewarding career choice. Psychiatrists Psychiatrists are medical doctors who specialise in mental health. They earn a median annual wage of $239,200 (approximately ₹2 crore) as per the BLS. Their role includes diagnosing and treating mental illnesses and prescribing medications. With increasing focus on mental health care and greater awareness around mental wellness, the need for qualified psychiatrists continues to rise steadily. Nurse anesthetists Nurse anesthetists are among the highest-paid nursing professionals. The BLS does not list them under physicians, but Medical specialists which earn median wages near $200,000 (approximately ₹1.67 crore) annually. This role requires a master's or doctoral degree in nurse anesthesia and professional licensure. Although they work fewer hours than many doctors, their salaries remain competitive due to their critical role in healthcare delivery. Computer and information systems managers In the technology sector, leadership positions in information systems are highly lucrative. BLS data shows that these managers earn a median annual wage of $169,510 (approximately ₹1.42 crore) as of May 2024. As companies continue to emphasise cybersecurity, and data management, demand for these professionals keeps growing. The field offers a clear pathway for students with degrees in computer science, information technology, or related fields. Financial managers Leadership roles in finance offer high earning potential and steady demand. Financial managers earn a median salary between $134,180 and $156,100 (approximately ₹1.12 crore to ₹1.30 crore) depending on the industry. They are responsible for budgeting, financial planning, and investment management. Students with degrees in finance, economics, or accounting can enter the field and later obtain credentials such as MBA to enhance career growth in sectors including banking, investment, or corporate finance. Whether you are drawn to medicine, technology, or finance, these six careers offer strong earning potential and meaningful job prospects in the US Most careers listed require significant academic investment and professional certification. However, the financial rewards can be substantial. Students should research accredited university programs, licensure requirements and any practical training or internship options to align their academic journey with these promising career paths. Is your child ready for the careers of tomorrow? Enroll now and take advantage of our early bird offer! Spaces are limited.
Time of India
02-05-2025
- Business
- Time of India
US labour market adds 177,000 jobs in April, unemployment rate holds steady at 4.2%
Photo credit - AP The US nonfarm payroll employment rose by 177,000 in April, while the unemployment rate remained unchanged at 4.2 percent, according to the latest report from the US Bureau of Labour Statistics. Employment continued to trend up in health care, transportation and warehousing, financial activities, and social assistance, although federal government employment declined as businesses navigated the early months of Donald Trump's second presidency. The unemployment rate has remained in a narrow range of 4.0 to 4.2 percent since May 2024. In April, the number of unemployed persons was 7.2 million, showing little change over the month. Among major worker groups, the unemployment rate for adult men was 4.0 percent, for adult women 3.7 percent, for teenagers 12.9 percent, for Whites 3.8 percent, for Blacks 6.3 percent, for Asians 3.0 percent, and for Hispanics 5.2 percent. These rates showed little or no change in April. The number of long-term unemployed—those jobless for 27 weeks or more—increased by 179,000 in April to 1.7 million. This group accounted for 23.5 percent of the total unemployed population. The labour force participation rate was 62.6 percent in April, and the employment-population ratio was 60.0 percent. Both measures changed little over the month and have shown little movement over the year. In April, 4.7 million people were employed part time for economic reasons. This number changed little from the previous month. These individuals preferred full-time employment but were working part time because their hours had been reduced or they were unable to find full-time work. The number of people not in the labour force who currently wanted a job was 5.7 million in April, showing little change from the prior month. These individuals were not counted as unemployed because they had not actively looked for work during the four weeks preceding the survey or were unavailable to take a job. Among those not in the labour force who wanted a job, 1.6 million were marginally attached to the labour force in April, also showing little change. These individuals wanted and were available for work and had looked for a job sometime in the prior 12 months but had not searched in the four weeks preceding the survey. The number of discouraged workers, a subset of the marginally attached who believed no jobs were available for them, stood at 414,000 and also changed little. According to the establishment survey, the increase of 177,000 in nonfarm payroll employment in April was close to the average monthly gain of 152,000 over the prior 12 months. Health care added 51,000 jobs in April, similar to its average monthly gain of 52,000 over the past year. Within health care, hospitals added 22,000 jobs and ambulatory health care services added 21,000. E mployment in transportation and warehousing increased by 29,000 in April, following an increase of 3,000 in March. Within the sector, warehousing and storage added 10,000 jobs, couriers and messengers 8,000, and air transportation 3,000. The sector had averaged 12,000 new jobs per month over the previous year. Employment in financial activities rose by 14,000 in April. Since its most recent trough in April 2024, the industry has added 103,000 jobs. Social assistance employment increased by 8,000 in April, below the average monthly gain of 20,000 over the prior 12 months. Federal government employment decreased by 9,000 in April and is down by 26,000 since January. Yet many economists fear that the US job market will deteriorate if economic growth takes a hit from trade wars. Trump's massive taxes on imports to the US are likely to raise costs for Americans and American businesses that depend on supplies from overseas. They also threaten to slow economic growth. His immigration crackdown threatens to make it more difficult for hotels, restaurants and construction firms to fill job openings. By purging federal workers and cancelling federal contracts, Elon Musk's Department of Government Efficiency risks wiping out jobs inside the government and out. 'Looking ahead, we expect the steep tariff increases and the surge in uncertainty and financial market volatility will result in a more pronounced labour market downshift than previously anticipated,' Lydia Boussour, senior economist at the accounting and consulting giant EY, wrote this week. 'Large cuts to the federal workforce and the cancellations of many government contracts will also be a drag on payroll growth in coming months. '' A slowdown in immigration 'will weigh on labour supply dynamics, further constraining job growth. We foresee the unemployment rate rising toward 5% in 2025.'' ( With input from AP) Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
The Independent
11-03-2025
- Politics
- The Independent
Avian Flu: How bird disease is driving up US egg prices
Avian flu outbreaks have been blamed for soaring egg prices in the US thanks to an ongoing epidemic that has killed upwards of 150 million birds and wreaked havoc on the American poultry industry. However, the virus may not be the only factor that has driven egg prices to new records, with the potential for prices expected to climb by another 41 per cent this year. According to the US Bureau of Labour Statistics, the cost of a dozen eggs hit a new record high of $4.95 in January, nearly doubling in price in the space of a year and surpassing the previous high of $4.82 set in January 2023. The US Department of Agriculture (USDA) said prices had hit a whopping $8.05 by the end of February, before falling to $6.85 in the first week of March. The current outbreak of the flu began in 2022. The USDA said that so far just this year, 30.3 million egg-laying hens have been killed due to highly pathogenic avian influenza outbreaks. The majority of those birds, 22.4 million, were from conventional cage farm systems. To date, the department has confirmed 40 outbreaks across nine states with officials maintaining that infection rates are slowing and are localized. During the election campaign, President Donald Trump vowed to bring down the price of eggs on the first day of his second term. Trump claimed during his recent address to a joint session of Congress that his predecessor was responsible for the 'out of control' pricing. He maintained that he was 'working hard to get it back down.' The issue is something that doesn't appear to be the most pressing on Trump's agenda. Over the weekend, Trump shared an article on his Truth Social platform titled 'Shut up about egg prices – Trump is saving consumers millions.' The piece alleged that the egg price crisis 'in no way President Trump's fault.' Meanwhile, the Department of Justice has launched an investigation into egg prices and competition in the egg market amid suspicions that some producers may be overly inflating their prices. The investigation also focuses on whether producers were being transparent about their costs and whether the large producers colluded in any way over price setting. A report from Food and Water Watch pointed out that 'just a handful of companies' produce the majority of America's eggs, 'giving them outsized control over the prices paid by retailers'. In late February, the Trump administration announced an investment of up to $1 billion to halt the crisis and 'make eggs affordable again.' Half of the investment was set to go to producers to help with biosecurity measures, according to the Wall Street Journal. In that announcement, Agriculture Secretary Brooke Rollins also suggested Americans start raising their own chickens in their backyards. Rent-a-chicken services have risen in popularity, with companies offering to rent two-to-four hens, a portable coop, food and care instructions for those who want to produce their own eggs but aren't sure where to start. One company, Rent the Chicken, said the chickens should lay a dozen to two dozen eggs a week, depending on the rental package, which starts at about $600. The company's co-owner Jenn Tompkins said that business has been booming this year, after steadily rising in popularity since the start of the pandemic. 'Our renters don't have to be concerned about egg shortages or store prices. They can just walk out to their backyard coop and find their eggs right there, ready for them,' she told CTV News.
