Employment of mathematicians is projected to grow 21 percent from 2014 to 2024, much faster than the average for all occupations. However, because it is a small occupation, the fast growth will result in only about 700 new jobs over the 10-year period.
The amount of digitally stored data will increase over the next decade as more people and companies conduct business online and use social media, smartphones, and other mobile devices. As a result, businesses will increasingly need mathematicians to analyze the large amount of information and data collected. Analyses will help companies improve their business processes, design and develop new products, and even advertise products to potential customers.
Mathematicians also will be needed to help information security analysts create data-security systems to protect confidential information of individuals and businesses.
Because the occupation is small and there are relatively few mathematician positions, strong competition for jobs is expected. Despite the strong competition for formal mathematician positions, many candidates with a background in advanced mathematical techniques and modeling will find good job opportunities in other, closely related fields.
Those with a graduate degree in mathematics, very strong quantitative and data analysis skills, and a background in a related discipline, such as business, computer science, or statistics, should have the best job prospects. Computer programming skills also are important to many employers.
Percent change in employment, projected 2014-24
Mathematical science occupations
Total, all occupations
Note: All Occupations includes all occupations in the U.S. Economy. Source: U.S. Bureau of Labor Statistics, Employment Projections program