What is the outlook for a career in psychology?

The outlook for a career in psychology is strong and expected to grow in the coming years. One major factor contributing to this growth is the increasing demand for mental health services. According to the National Institute of Mental Health (NIMH), approximately one in five adults in the United States experiences a mental illness in any given year. Furthermore, the increasing prevalence of chronic conditions such as depression, anxiety, and substance abuse, among others, is driving demand for psychological services. According to the Substance Abuse and Mental Health Services Administration, an estimated 19.4 million adults (7.8% of the US population) had a substance use disorder in 2018, and the numbers are expected to rise in the coming years. Additionally, the NIMH reports that suicide is the 10th leading cause of death in the United States, with an estimated 50,000 deaths by suicide each year. According to the Bureau of Labor Statistics, employment of psychologists is projected to grow 3% from 2020 to 2030, about as fast as the average for all occupations. The bureau also notes that demand for clinical and counseling psychologists will continue to grow as people seek help with mental health issues. In addition, the bureau reports that demand for industrial-organizational psychologists is expected to increase as organizations look to improve productivity and employee satisfaction. Overall, the outlook for a career in psychology is positive, with strong demand for mental health services and opportunities for growth and advancement in the field.