Job Outlook to 2022


by Rachel Vilsack

A New Year often means a new jobs outlook! The Bureau of Labor Statistics (BLS) released its employment projections to 2022 last month and Minnesota’s Labor Market Information Office will follow suit this spring. For now, here is an overview of the national outlook.

magThe BLS reports that total employment in the U.S. is projected to increase 10.8 percent, or 15.6 million new jobs, between 2012 and 2022. Two industry sectors will see annual job growth of 2.6 percent: healthcare and social assistance and construction. Not surprisingly, of the 30 occupations projected to have the largest growth rate, 14 are related to health care and five are related to construction.

Some other fast growing jobs include:

More than half of the 30 fastest-growing occupations will require some form of postsecondary education for entry. In fact, jobs requiring postsecondary education will grow faster (14 percent) than jobs that typically require a high school diploma or less (nine percent).

Of course, many more jobs will be available as people retire or otherwise leave their profession. The number of job openings for retail salespersons, cashiers, customer service representatives, office clerks and nursing assistants will be large. In total, it’s estimated that there will be over 50 million job openings across the nation between 2012 and 2022.

For more on the 2022 national job outlook for individual occupations, check out the BLS Occupational Outlook Handbook, an online career information resource.

 

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