Employment Projections - U.S. Bureau of Labor Statistics

Aug 29, 2024 · Total employment projected to increase by 6.7 million jobs from 2023 to 2033. 08/29/2024. Total employment is projected to grow by 6.7 million jobs from 2023 to 2033. Growth is driven mainly by the healthcare and social assistance sector. The Occupational Outlook …

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The US Bureau Of Labor Statistics Predicts A 25% Increase In

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The US Bureau of Labor Statistics predicts a 25% increase in software developers over the next decade... Others link. That's MUCH faster than average. For reference, average growth across …

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US Workforce Is Seen Expanding Just 0.4% A Year In Coming Decade

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Aug 30, 2024 · The US labor market is expected to grow by 0.4% a year through 2033, less than one-third of the pace in the preceding decade, according to new Bureau of Labor Statistics …

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Hottest Job In US Pays $80,000 A Year, No College Degree Needed

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Dec 7, 2023 · For the fastest-growing job in the US, working remotely is required. But those with a fear of heights need not apply. Employment of wind-turbine service technicians will increase …

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FAQs about Employment Projections - U.S. Bureau of Labor Statistics Coupon?

What is the projected employment growth rate in the United States?

(See publication table 1.3A and table 1.4.) Employment in this occupation is projected to grow by about 1.1 million from 2020 to 2030, an increase of 32.6 percent. ...

What is the projected growth rate of the labor force?

The labor force is projected to grow 0.5 percent annually, slower than the 0.8-percent annual growth projected for the population. This difference in rates results in a declining labor force participation rate, which is projected to fall from 61.7 percent in 2020 to 60.4 percent in 2030. ...

Do BLS employment projections predict business cycle fluctuations?

The BLS employment projections identify structural changes in the labor market and do not predict business cycle fluctuations. Consequently, one of the fundamental assumptions of the employment projections is a full-employment economy in the target year of 2030. ...

What factors affect employment growth in the United States?

The overall growth in employment is driven by demographic trends—such as the aging U.S. population and slower growth in the civilian noninstitutional population—that are expected to cause declining labor force participation rates and slower labor force growth over the projections period. ...

How does BLS produce occupational employment projections?

BLS produces occupational employment projections by analyzing current and projected future staffing patterns (the distribution of occupations within an industry) in an industry–occupation matrix. ...

How will demographic trends affect labor force growth?

Various demographic trends, including an aging population and slower growth in the civilian noninstitutional population, are expected to impact labor force growth and the labor force participation rate over the projections period. ...