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BLS Predicts Large Jobs Growth Over Next Decade

The Bureau of Labor Statistics released a report on Wednesday citing their projected jobs growth numbers for the next decade. According to their findings, the United States will add 20.5 million new jobs between the years 2012 and 2020, a growth that factors out to about 14 percent. While it doesn’t seem like a very large number, many will take note that the percentage is increasing rather than decreasing, thankfully.

In news that shouldn’t surprise anyone, the industries with the largest predicted jobs growth include healthcare, personal care, social assistance and construction. Specifically, the healthcare industry is expected to see an increase of about 5.6 million workers from 2010 to 2020. With the success the industry has seen over the past few years and the anticipation of possible healthcare reform, the increase in jobs growth in the healthcare industry is already expected. Another industry with an expectation of high jobs growth in includes the professional and business services industry with an expected growth of about 3.8 million workers.

While the reports predict an increase in construction, specifically around 1.8 million, the BLS does not expect that it will return to its pre-recession numbers over the next decade. Coming somewhat as a surprise, the manufacturing industry will see the biggest losses. With the rises in the manufacturing industry this past year many would have thought that it would continue to grow. Along with manufacturing, the federal government will also see some of the biggest losses, although this isn’t as surprising. Especially since areas of the federal government such as the United States Postal Service is expecting very large cuts over the next couple of years. Along with postal service workers, farmers are expected to see large losses as well. Farmers, ranchers and other agricultural managers are expected to experience a loss of 96,100 workers by 2020.

Of the industries that are expected to fare very well over the next 10 years, specific careers within the industries will fare particularly better than others. The BLS report states that registered nurses will see the largest growth with an addition of 711,900 workers. Retail salespeople in the industry follow with a 706,800 increase in workers. Other top growth positions in healthcare include home health aides, personal care aides and office clerks.

Judging by the BLS’ report and other experts predictions, if a job is what you seek then the healthcare industry is certainly where you will want to start. For years past and apparently years to come, healthcare has been a steady industry full of growth and expansion. It’s likely that this will only continue as the need for healthcare is something that will never diminish.

SOURCE: Forbes
IMAGE: Courtesy of Wikipedia

Nicole Nicholson

Nicole is the Content Editor for Spark Hire and mainly writes for and edits the work for the Spark News blog. She graduated in 2010 with a BA in Journalism from DePaul University in Chicago, Illinois. She has a passion for writing, editing, and pretty much anything to do with content. In her free time she frequents the Chicago music scene and writes reviews on shows for her own personal blog. Connect with Nicole and Spark Hire on Facebook and Twitter