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Most new jobs to be in services or retail trade

January 09, 2002

According to BLS projections, more than three-fourths of new jobs between 2000 and 2010 are expected to be in the services or retail trade industries.

Employment change by industry, projected 2000-2010
[Chart data—TXT]

Modest increases in other industries, such as manufacturing, construction, and wholesale trade are also projected. Declines in employment are expected to continue in mining and in the Federal Government.

The services industry includes establishments that provide personal, business, health, legal, educational, and other services to individuals and organizations. The services industry is a sub-set of the service-producing sector of the economy. Other service-producing industries include transportation, communications, utilities, wholesale and retail trade, finance, and government.

These data are from the BLS Employment Projections program. These data on employment by industry are for wage and salary workers. For more information, see "Industry Employment" in the Occupational Outlook Quarterly, Winter 2001-2002. (The BLS employment projections for the period 2000-2010 were completed prior to the tragic events of September 11, 2001. BLS will continue to review its projections and, as the long-term consequences of September 11 become clearer, will incorporate these effects in subsequent analyses of industrial and occupational outlook.)

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Most new jobs to be in services or retail trade at https://www.bls.gov/opub/ted/2002/jan/wk1/art03.htm (visited December 07, 2024).

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