Industry and occupational employment projections overview and highlights, 2022–32

Employment and real output are projected to grow from 2022 to 2032. The total economy is projected to add about 4.7 million jobs during this decade, with employment reaching a level of 169.1 million in 2032. Most of the projected employment gains are concentrated in the healthcare and social assistance sector and the professional, scientific, and technical services sector. The retail trade and manufacturing sectors account for the bulk of the projected job losses from 2022 to 2032. The U.S. Bureau of Labor Statistics (BLS) projects total employment to increase from 164.5 million in 2022 to 169.1 million in 2032, an increase of 2.8 percent. (See chart 1.) This projected growth is much slower than the 12.9-percent employment growth recorded over the 2012–22 decade, which was marked by strong recovery growth following the 2007–09 Great Recession and 2020 COVID-19 pandemic-induced recession.