According to Stanley Bae, the housing market in Southern California has been booming due to high buyer demand and low inventory. Since the 2009 recession, the state has recovered and built itself back up stronger than ever before. As the housing market adapts to the ever-changing population of the state, real estate, and construction continue to be leading sectors expanding at unprecedented rates.

1. Growing Business Sectors in California
With the largest state economy in the United States, California is
continuously expanding its diverse industries. As a result of its
increasing population in the 21st century, this state has more
businesses now than ever. Finding a job or developing your business
in California’s growing economy can be a fruitful endeavor if you
know which industries are prominent.
Check out our guide, which navigates the industries developing the
quickest in the West.

2. Growing Business Sectors in California
Employment in real estate has risen in recent years, and it will continue to grow as
more people sell their houses, and others buy them as they move to California.
According to Stanley Bae, the housing market in Southern California has been
booming due to high buyer demand and low inventory. Since the 2009 recession,
the state has recovered and built itself back up stronger than ever before. As the
housing market adapts to the ever-changing population of the state, real estate,
and construction continue to be leading sectors expanding at unprecedented rates.
California attracts diverse groups of individuals looking for economic opportunity,
culture, and fulfillment in life; the growing housing market has newcomers and
returning citizens’ backs as this industry develops.
Real Estate and Construction

3. Growing Business Sectors in California
Silicon Valley is not only considered the tech capital of California but
also of the United States. Giant companies like Google and Apple
have defined the Valley due to the world’s reliance on technology.
The need for digitization in all sectors has led to the ever-growing
success of the technology industry.
With the demand for developers on the rise, the tech industry
contributes to a large number of jobs. The U.S. Bureau of Labor
Statistics reported that monthly employment averaged 586,000. The
information transmitted within each sector is dependent on
technology.
Technology and Information

4. Growing Business Sectors in California
The drought in California damaged the population significantly as the availability and
quality of water sunk. Following recovery, the state improved its farming practices
becoming one of the United States’ leading producers, supplying vegetables, fruits, nuts,
and wine. Along with this success, you have the state’s significant presence as an exporter as
well.
With its recent positive changes, the agricultural industry remains to be one of the state’s
quickest expanding sectors. As the world will never stop needing produce, this industry will
always develop and become more enhanced by new innovations.
Agriculture

5. Healthcare
Increased implementation of electronic health records contributes to the expansion of
the healthcare industry. Along with the aging population and the necessity of disease
treatment, healthcare in California will continue to develop exponentially. The state’s
Employment Development Department reported that of the fastest-growing jobs, most
of the top occupations are within the healthcare industry. As people are becoming more
conscious about their physical health, they are also focusing special attention on their
mental health. Assistants for physicians and nurses are becoming more and more
needed. It is clear that the healthcare industry will never stop growing, especially in
California.
Retail Trade
Salespeople are essential to the continued growth of our economy. Without them,
convenience stores, department stores, maintenance offices, and food preparation hubs
cannot function at the efficient rate that we need them. Their work has proven to be
pivotal to the operation of our daily lives.
In the United States’ capitalist society, citizens rely on workers in retail trade to
facilitate sales. Therefore, their sector is expanding as more and more people move to
large states like California. A leading exporter in agriculture, the state requires a large
number of retail trade workers. Restaurants and stores are always looking for workers
who can add to their team and their workplace’s efficiency.
Growing Business Sectors in California

6. Growing Business Sectors in California
Administrative Support
People who provide administrative support tend to be overlooked by society as their
work is downplayed. Still, in reality, they are greatly needed, and their sector is growing
more than you’d think. People who work in security, housekeeping, janitorial, mail,
landscaping, and labor offer their valuable skills to ensure efficiency. As a result of their
necessity, employment in this industry is ever-growing. Their much-needed work
constantly demands workers; therefore, it will forever grow throughout time. With its
exponentially increasing population, California will always need more administrative
support workers.
The Takeaway
Maintaining a business or getting a job in California becomes less challenging when
you know which industries are expanding at the fastest rates. Whether you are working
in real estate, construction, healthcare, agriculture, retail, or government, the technology
industry will have a major presence as it has become necessary for all work operations.
Rates of employment are increasing at high rates in the state due to the constantly
changing population and the necessity of diverse resources and services.
No matter where you work in the state, you are likely to have a life-changing work
experience as millions of people like you navigate the growing sectors.

7. More Information
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