Projections of industry employment, 2014–24
December 2015
Knowing which industries are projected to grow or decline helps jobseekers make more informed career decisions. The charts in this article show employment change in particular industries between 2014 and 2024 as projected by the U.S. Bureau of Labor Statistics (BLS).
Workers are grouped into an industry according to the type of goods produced or service provided by the business for which they work. For example, all workers in a school are part of the educational services industry, regardless of their specific job duties. The educational services industry includes teachers and other workers—such as office managers and janitors—who have administrative tasks or a support role.
The charts also show projections by major industry sector and detailed industry. Industry employment projections are shown in terms of numeric change (growth or decline in the total number of jobs) and percent change (the rate of job growth or decline) over the 2014–24 decade. The average growth rate of 7 percent for all wage and salary workers is shown as a dotted vertical line in charts 1 and 3.
In most of the charts, industries are categorized into one of two groups: providing services or producing goods. Service-providing industries are projected to account for the most job growth between 2014 and 2024, adding about 9.3 million jobs. In goods-producing industries, employment is projected to decline slightly, with a loss of 20,000 jobs over the decade.
(For more information on how we develop the projections, read about our methodology.)
Growth by major industry sector
To illustrate general employment trends, these charts show employment growth in broad groups of similar industries. Industries shown in the charts are defined primarily according to the 2012 North American Industry Classification System (NAICS), which the federal government uses to sort establishments into industry categories.
The healthcare and social assistance sector is projected to have the fastest job growth. (See chart 1.)
Chart 1: Growth by major industry sector
Percent change in employment of wage and salary workers, projected 2014–24
Major industry sector |
Percent change in employment |
Health care and social assistance
|
21% |
Construction
|
13% |
Educational services, private
|
10% |
Professional and business services
|
10% |
Mining
|
10% |
Leisure and hospitality
|
6% |
Financial activities
|
6% |
Wholesale trade
|
6% |
Retail trade
|
5% |
Other services
|
4% |
State and local government
|
4% |
Transportation and warehousing
|
3% |
Information
|
-1% |
Agriculture, forestry, fishing, and hunting
|
-6% |
Manufacturing
|
-7% |
Utilities
|
-9% |
Federal government
|
-14% |
Source: U.S. Bureau of Labor Statistics.
|
Together, the healthcare and social assistance and the professional and business services sectors are projected to add more jobs than all other sectors combined. (See chart 2.)
Chart 2: New jobs by major industry sector
Numeric change in employment of wage and salary workers, projected 2014–24
Major industry sector |
Numeric change in employment |
Health care and social assistance
|
3,794,800 |
Professional and business services
|
1,889,300 |
Leisure and hospitality
|
941,200 |
Construction
|
790,400 |
Retail trade
|
764,600 |
State and local government
|
756,100 |
Financial activities
|
507,200 |
Educational services, private
|
338,700 |
Wholesale trade
|
325,400 |
Other services
|
268,000 |
Transportation and warehousing
|
136,600 |
Mining
|
80,200 |
Information
|
-27,100 |
Utilities
|
-47,900 |
Agriculture, forestry, fishing, and hunting
|
-76,700 |
Federal government
|
-383,400 |
Manufacturing
|
-814,100 |
Source: U.S. Bureau of Labor Statistics.
|
Growth by detailed industry
BLS projects employment for 206 detailed industries. Those projected to have the most growth or decline are highlighted in these charts. Some industries with fast rates of growth have a relatively small number of workers, as is the case for those that provide financial services such as establishing funds, trusts, and other financial vehicles. These small, fast-growing industries may not offer as many new jobs as some larger industries that are projected to grow more slowly, such as state and local government.
As chart 3 shows, the fastest growing industries are projected to be concentrated in those that provide services.
Chart 3: Fastest growing industries
Percent growth in employment of wage and salary workers by detailed industry, projected 2014–24
Industry |
Employment growth |
Home health care services
|
60% |
Outpatient care centers
|
49% |
Offices of other health practitioners
|
45% |
Other ambulatory health care services
|
40% |
Medical and diagnostic laboratories
|
32% |
Management, scientific, and technical consulting services
|
26% |
Software publishers
|
26% |
Facilities support services
|
24% |
Computer systems design and related services
|
23% |
Nursing and residential care facilities
|
23% |
Securities, commodity contracts, and other financial investments and related activities
|
22% |
Offices of physicians
|
21% |
Offices of dentists
|
18% |
Funds, trusts, and other financial vehicles
|
17% |
Local government passenger transit
|
16% |
Other information services
|
15% |
Office administrative services
|
15% |
Support activities for mining
|
14% |
Individual and family services
|
14% |
Wireless telecommunications carriers (except satellite)
|
14% |
Source: U.S. Bureau of Labor Statistics.
|
The construction industry is expected to gain the most jobs. (See chart 4.) Employment in this sector still has not fully rebounded from the loss of jobs during the last recession.
Chart 4: Industries with the most new jobs
Numeric growth in employment of wage and salary workers by detailed industry, projected 2014–24
Industry |
Employment change |
Construction
|
790,400 |
Home health care services
|
760,400 |
Nursing and residential care facilities
|
735,700 |
Food services and drinking places
|
658,000 |
Offices of physicians
|
522,700 |
Local government educational services compensation
|
426,400 |
Employment services
|
424,800 |
Computer systems design and related services
|
408,900 |
Hospitals
|
394,900 |
Offices of other health practitioners
|
352,300 |
Outpatient care centers
|
348,100 |
Management, scientific, and technical consulting services
|
329,300 |
Wholesale trade
|
325,400 |
Individual and family services
|
286,300 |
General merchandise stores
|
263,200 |
Retail, except motor vehicle and parts dealers, food and beverage stores, and general merchandise stores
|
251,000 |
Junior colleges, colleges, universities, and professional schools, private
|
220,000 |
Securities, commodity contracts, and other financial investments and related activities
|
196,600 |
Offices of dentists
|
159,800 |
Motor vehicle and parts dealers
|
155,900 |
Source: U.S. Bureau of Labor Statistics.
|
Of the industries projected to lose the most jobs, more than half are in the manufacturing sector. (See chart 5.)
Chart 5: Industries with the most job losses
Numeric decline in employment of wage and salary workers by detailed industry, projected 2014–24
Industry |
Employment change |
Postal Service
|
-165,100 |
Federal non-defense government compensation
|
-110,500 |
Newspaper, periodical, book, and directory publishers
|
-103,300 |
Wired telecommunications carriers
|
-97,800 |
Federal defense government compensation
|
-82,200 |
Printing and related support activities
|
-81,400 |
Apparel, leather, and allied manufacturing
|
-76,800 |
Crop production
|
-65,700 |
Plastics product manufacturing
|
-63,100 |
Textile mills and textile product mills
|
-57,900 |
Other miscellaneous manufacturing
|
-55,900 |
Electric power generation, transmission and distribution
|
-40,800 |
Navigational, measuring, electromedical, and control instruments manufacturing
|
-35,200 |
Semiconductor and other electronic component manufacturing
|
-35,100 |
Computer and peripheral equipment manufacturing
|
-27,300 |
Travel arrangement and reservation services
|
-26,800 |
Aerospace product and parts manufacturing
|
-24,300 |
Communications equipment manufacturing
|
-24,000 |
Motor vehicle parts manufacturing
|
-22,600 |
Federal enterprises except the Postal Service and electric utilities
|
-22,200 |
Source: U.S. Bureau of Labor Statistics.
|
Suggested citation:
"Projections of industry employment, 2014–24,"
Career Outlook,
U.S. Bureau of Labor Statistics,
December 2015.