Most Lucrative Trades
Learning a skilled trade can be a fast, reliable, and cheap career path. Some of the most lucrative trades are:
- Electricians
- Plumbers
- Carpenters
- HVAC technicians
- Welders
- Machinists
- Pipefitters
Factors Affecting Pay
Pay depends on factors such as:
- Experience
- Education
- Type of work
- Union membership
High Paying Trades
Other high paying trades include:
- Commercial pilots
- Web developers
- Computer programmers
- Animators
- Criminal investigators
- Writers
- Editors
Most In Demand Trades
The most in-demand trades are:
- Electricians
- Welders
- Plumbers
- Home inspectors
- Aircraft mechanics
- HVAC technicians
Highest Growth Trades
Trades with the highest growth rate from 2020 to 2030 are:
- Solar energy systems installers
- Respiratory therapists
- Ultrasound technologists
- Aircraft technicians
- Construction managers
Manufacturing Careers
In-demand manufacturing careers include:
- Machine operators
- CNC programmers
- Mechatronics technicians
- Quality managers
Top Traded Goods
The top traded goods worldwide are:
- Finished automobiles ($1.35 trillion traded annually)
- Coffee
Highest Paying Trades 2022
The highest paying trades in 2022 are:
- Machine operators
- CNC programmers
- Mechatronics technicians
- Quality managers
In-Demand UK Trades
In-demand UK trades are:
- Plumbing/heating engineers
- Painters/decorators
College and Trading
- Lineman college is usually less than two years.
- Traders should limit losses by having stop levels in place. If you have a stop level 100 pips away, your profit target should be at least 200 pips away.
Training and Pay
More training needed for a job generally means higher pay, but not always.