Where the pandemic-era labor market booms and busts are
In a new analysis, U.S. government economists have used data to project which jobs will fare well and not so well in the next several years.
Why it matters: The findings show how the pandemic has allowed some industries to thrive while decimating others, Jed Kolko, chief economist at the jobs site Indeed, writes in the New York Times.
- The job of epidemiologist is projected to grow by 25% by 2029, meaning there will be 25% more epidemiologists in 2029 than there would have been without the pandemic.
- Medical scientists, not including epidemiologists, 23% growth.
- Web developers, 11%.
- Biochemists and biophysicists, 10%.
- Computer systems administrators, 10%.
- The job of host or hostess at a restaurant is expected to decline by 24% by 2029, meaning 24% fewer hosts and hostesses in 2029 than there would have been sans pandemic.
- Bartenders, –19%.
- Travel and ticket agents, –17%.
- Hotel and motel clerks, –16%.
- Servers, –16%.
The bottom line: It's typically low-skilled, low-wage jobs that require a high school diploma or less that are getting — and will continue to get — hit hardest, underscoring the need for the U.S. to train and upskill its workforce post-pandemic.