Size of Labor Force

We have moved this blog to our web site, where today’s post includes a graph charting forecasted employment by industry sector. We’ll keep posting here too… for a bit longer.

Today—in honor of International Labor Day, celebrated on May 1st around the world—we provide a market size for the U.S. labor force in both 2008 and 2018. The projected size is one of many interesting projections published in a work titled Occupational Outlook Handbook, published periodically by the U.S. Bureau of Labor Statistics.

Areas that are projected to see the greatest number of new jobs, by industry sector, are the Healthcare and Social Assistance Sector (slightly more than 4 million jobs), the Professional, Scientific and Technical Services Sector (2.66 million jobs), and the Educational Services Sector (1.69 million jobs).

Geographic reference: United States
Year: 2008 and 2018
Market size: 136,800,000 and 166,900,000 respectively, an increase of 22%
Source: “Overview of the 2008-18 Projections,” Occupational Outlook Handbook, 2010-2011 Edition, December 3, 2010, available on the BLS web site here.
Original Source: U.S. Department of Labor, Bureau of Labor Statistics


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