Business & Finance
Labor Department projects U.S. economy will add nearly six million jobs through 2035
Federal projections show broad labor expansion alongside administrative declines, according to The Hill.
The short version
- Labor Department forecasts show the U.S. economy is projected to gain 5.9 million jobs through 2035, led by private healthcare and social assistance.[The Hill]
- Services for the elderly and disabled are projected to add roughly 625,400 jobs, while solar power employment is forecast to surge nearly 153%.[The Hill]
- Office and administrative positions are projected to drop by 752,100 positions amid artificial intelligence adoption.[The Hill]
- The Labor Department noted that long-term labor market shifts remain subject to inherent projection uncertainties.[The Hill]
Key facts
- The Labor Department projects the U.S. economy will add 5.9 million jobs through 2035.[The Hill]
- Private healthcare and social assistance is expected to add the largest total number of jobs across all sectors.[The Hill]
- Solar electric power generation employment is forecast to increase by nearly 153%, adding about 26,000 jobs.[The Hill]
- Services for the elderly and people with disabilities are projected to gain approximately 625,400 positions.[The Hill]
- Office and administrative support occupations may decline by 752,100 jobs due to expanding AI adoption.[The Hill]
What remains uncertain
- The Labor Department warned that its ten-year employment estimates cannot account for the inherent uncertainty of long-term labor market shifts.[The Hill]
Sources
Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.