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mahatmakanejeeves

(57,393 posts)
Thu Sep 9, 2021, 04:07 PM Sep 2021

BLS Report: Employment is projected to increase by 11.9 million jobs from 2020 to 2030

Employment is projected to increase by 11.9 million jobs from 2020 to 2030

Economic News Release USDL-21-1615

Employment Projections: 2020-2030 Summary
For release 10:00 a.m. (ET) Wednesday, September 8, 2021

Technical information: (202) 691-5700 * ep-info@bls.gov * www.bls.gov/emp
Media contact: (202) 691-5902 * PressOffice@bls.gov


EMPLOYMENT PROJECTIONS -- 2020-2030


Total employment is projected to grow from 153.5 million to 165.4 million over the 2020–30 decade, an increase of 11.9 million jobs, the U.S. Bureau of Labor Statistics reported today. This increase reflects an annual growth rate of 0.7 percent, which is higher than recent projections cycles and accounts for recovery from low base-year employment for 2020 due to the COVID-19 pandemic and its associated recession. Employment in the leisure and hospitality sector is projected to increase the fastest, largely driven by recovery growth, while the healthcare and social assistance sector is projected to add the most new jobs. Among occupational groups, healthcare support occupations are projected for the fastest job growth. Real Gross Domestic Product (GDP) is projected to grow 2.3 percent annually from 2020 to 2030, relatively quickly compared to the prior two decades, when GDP grew 1.7 percent annually. Meanwhile, labor productivity also is projected to increase, from 1.1 percent annually over the 2010–20 decade to 1.7 percent annually from 2020 to 2030.

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More Information

The Occupational Outlook Handbook (OOH) includes information about more than 500 detailed occupations
in over 300 occupational profiles, covering about 4 out of 5 jobs in the economy.

Each profile features the 2020–30 projections, along with assessments of the job outlook, work
activities, wages, education and training requirements, and more.

--The OOH is available online at www.bls.gov/ooh.

--New field of degree pages are available online at www.bls.gov/ooh/field-of-degree/home.htm.

--Detailed information on the 2020–30 projections will appear in the Monthly Labor Review in
Fall 2021.

--Tables with detailed, comprehensive statistics used in preparing the projections are available
online at www.bls.gov/emp/tables.htm.

--Definitions for terms used in this news release are available in the BLS Glossary at
www.bls.gov/bls/glossary.htm.

Information from this news release will be made available to sensory impaired individuals upon request. Voice phone: (202) 691-5200; Federal Relay Services: 1 (800) 877-8339.
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