The top-growing jobs in the country
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Jobs in health care and social assistance are projected to see the most growth over the next decade, according to a report out Thursday from the Bureau of Labor Statistics.
Why it matters: The explosive growth in these sectors comes courtesy of the changing fabric of the country — an aging population that needs more care.
- Those demographics are also a reason job growth overall is projected to slow over the next decade.
The big picture: Over the next 10 years, BLS projects that the U.S. economy will add 5.9 million jobs. Total employment would increase to 176.2 million, growing 3.5%.
- That's a lot slower than the 10.9% growth recorded in the previous decade.
- Other reports have flagged the huge drop in immigration over the past year or so as contributing to slower job growth.
Zoom in: BLS projects there will be 847,300 new home health and personal care aide jobs created from 2025 to 2035.
- Registered nurses and health services managers are also among the occupations projected to add the most jobs. Nurse practitioners are also the fastest-growing occupation.
The intrigue: For all the talk of an AI job apocalypse, the BLS projections paint a more nuanced picture.
- Over the next decade, AI demand will help drive the need for 926,700 new workers in professional, scientific and technical services — the third-fastest-growing sector of the next decade.
- That's the bright side.
The other side: The BLS also forecasts job losses across several occupations as a result of AI and automation.
- Automation and AI will likely reduce demand for office and administrative support jobs — losing 752,100 jobs over the next decade.
- Generative AI "may limit demand for some jobs in the arts, design, entertainment, sports, and media occupational group," per the release.
- AI and automation are also expected to contribute to job loss in sales and manufacturing.
