2020-2030 Employment Projections (including changes from Covid-19)

 

Below you can see the employment change projections in the United States from 2020 through 2030.  The data was updated on September 8, 2021 to include the expected recovery from Covid-19.  You can find further analysis from be below the image.

 

Employment Projections 2020 to 2030
Employment Projections 2020 to 2030.  Data from the Bureau of Labor Statistics.  Link: https://www.bls.gov/news.release/ecopro.toc.htm 

 

As you can see, occupations such as building grounds and cleaning maintenance, installation, maintenance, repair, construction, architecture, engineering, farming, and fishing were projected to grow at a slower rate than the average for all occupations, but those seeking jobs in those occupations may see a sharp demand for their labor when the Covid-19 pandemic subsides.  In fact, the period of time immediately following the Covid-19 pandemic may be the best time to pursue jobs in those occupations during this decade.

Healthcare has been projected to have far more job growth during this decade, even before the Covid-19 pandemic started.  For example, the following jobs in healthcare were expected to do exceptionally well during this decade compared to the average rate for job growth across all occupations:

  • Nurse Practitioners, Nurse Midwives, and Nurse Anesthetists: 45% job growth
  • Medical and Health Services Managers: 32% job growth
  • Physician Assistants: 31% job growth
  • Respiratory Therapists: 23% job growth
  • Physical Therapists: 21% job growth

 

Though, at least compared to other industries, the healthcare industry wont see as high of an expected recovery from the Covid-19 pandemic, since many of the workers were employed during the pandemic.  On the flip side, the second and third largest occupations by job growth projection, personal care and service, and food preparation and service related, are almost entirely comprised of post-pandemic job growth.  Some anticipate that this would lead to an even greater labor shortage.  Even states that have removed most of their pandemic restrictions are just entering the summer season.  Additionally, those two industries have many low-wage workers, and the higher cost of fuel may add an additional obstacle for employers, who must find lower-wage workers who are willing to incur the higher fuel expense.  

The corporate side of the more commercial sectors of the economy have seen much greater flexibility with telework.  Management job growth is notably receptive to the Covid-19 pandemic, largely because of the recession accompanying it.  Many employers may have been weary of promoting employees to management positions during a pandemic.  Additionally, many of the manager roles are dependent on managing employees who themselves are waiting for the post-pandemic job growth in their respective industries.

For our 2022 cost of living calculator, and our other free economic tools, feel free to click below:

#!trpst#trp-gettext data-trpgettextoriginal=246#!trpen#Related#!trpst#/trp-gettext#!trpen# #!trpst#trp-gettext data-trpgettextoriginal=247#!trpen#posts#!trpst#/trp-gettext#!trpen#

#!trpst#trp-gettext data-trpgettextoriginal=50#!trpen#Leave a #!trpst#/trp-gettext#!trpen##!trpst#trp-gettext data-trpgettextoriginal=51#!trpen#comment#!trpst#/trp-gettext#!trpen#

ukУкраїнська