Network marketing, which involves using marketing technology to attract new customers and make money from existing ones, is gaining in popularity.
Here’s a look at what the industry is doing right now.
Network marketing job growth: In the past five years, job growth for networking jobs in the United States has increased by about 13 percent.
In 2018, the number of job openings for networking companies grew by about 10 percent.
The job market for those with the most experience is growing.
According to the Bureau of Labor Statistics, the average salary for a networking job in 2018 was $56,800.
Networking job growth is concentrated in areas with large, highly educated populations.
The average networking salary in 2018 is $78,500.
That compares to $60,400 for an entry-level networking job, $46,400 to $47,100 for a junior executive or senior executive job, and $46.100 to $48,400 in a non-management job.
Some companies are making networking a career option for people who already have jobs.
The National Association of Broadcasters, for example, has made a series of job announcements for networking positions.
Among the announcements are a new position in marketing, an associate with a sales department and a senior marketing executive.
The networking position includes a senior level position in sales, sales and marketing, according to the NAB.
Network technology is a booming field.
Companies like LinkedIn, which helps job seekers find their ideal job, offer a variety of job opportunities for people with no prior networking experience.
Many of those with little to no experience in networking work in marketing and digital media.
The growing number of networking jobs is a sign of growth for the industry.
According a recent report by consulting firm Strategy Analytics, the median hourly pay for a network marketing job in 2019 was $38.71.
That is $1.75 higher than the median annual wage in the labor force.
The number of people applying for networking and marketing positions is increasing.
According the Bureau for Labor Statistics data, the share of job seekers who are working in the industry increased by 3.5 percent from 2013 to 2019.
The share of people who are actively searching for a job also increased by 4.6 percent.
The median age of applicants for networking job openings is 29 years old.
That’s up from 24 years ago.
The largest number of applicants in the job market are women.
The top four candidates in the list of the top five highest-paying job openings in 2019 are all women, according the BLS.
The biggest employer for network marketing jobs is Google.
The company has more than 200,000 employees in the U.S. and employs more than 100,000 people.
The vast majority of Google’s network marketing employees work in sales and communications, with a few in marketing as well.
Many network marketing workers are part-time workers.
The BLS says the median pay for part-timers in the networking and digital marketing industry was $30.77 in 2019.
The industry is not getting any smaller.
The Bureau of Economic Analysis reported in 2018 that the number for all jobs in 2017 declined by 7.9 percent, while the number overall fell by 7 percent.
There are many opportunities for networking in the private sector.
The most popular network marketing career is a vice president of marketing, where a person spends more than 40 percent of their time networking.
Networks are also popular in the government sector.
According an analysis by the Center for Strategic and International Studies, the largest companies that make money out of the market are companies that offer networking and other networking related positions to employees in government and nonprofit agencies.
The rise of the network economy is not slowing down.
The U.N. and several other international organizations are working to increase the participation of workers in the economy in areas like networking and social media.
A growing number are finding networking to be a viable career option.
According one survey of network marketers, only about one in five say they are looking for a full-time job or career after finishing their networking experience, and less than 1 percent of respondents say they want to become a manager or sales executive.
Networked people have higher earnings than non-networked people.
In 2019, the typical net income of a full time employee was $74,900.
That was $6,200 higher than in 2018, and more than double the average for all workers in 2018.
Network executives are becoming more diverse.
In a 2017 study by the Brookings Institution, more than half of executives in the top 1 percent were female.
But the study found that the median net income for women was just $35,700 in 2019, and for men was just over $50,000.
The new jobs for networking people are making it easier for more women to find their dream job.