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BLS Employment Projections

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For release 10:00 a.m. (ET) Thursday, September 8, 2022 USDL-22-1805 Technical information: (202) 691-5700 • • Media contact: (202) 691-5902 • EMPLOYMENT PROJECTIONS — 2021-2031 The U.S. economy is projected to add 8.3 million jobs from 2021 to 2031, the U.S. Bureau of Labor Statistics (BLS) reported today. Total employment is projected to increase from 158.1 million to 166.5 million and grow 0.5 percent annually, which is slower than the 1.0 percent annual growth recorded over the 2011−21 decade. (See chart 1.) The 2021−31 projections use 2021 annual average employment levels as the base year. The 2021 annual average levels do not reflect much of the employment recovery and reallocation that has already occurred in the aftermath of the COVID-19 pandemic and the accompanying recession, given total employment continued to grow rapidly through the first half of 2022. As a result, total employment for the 2021−31 projections, and projected growth in many sectors, reflects fast projected growth resulting from low base year employment levels. However, the pandemic also has been a catalyst for some structural changes in demand for certain goods and services, which are expected to affect long-term demand for employment in a select group of industries and occupations. Occupational Outlook Handbook The BLS projections are the foundation of the Occupational Outlook Handbook (OOH), one of the nation's most widely used career information resources. The OOH reflects BLS employment projections for the 2021–31 decade. The updated OOH is available online at 158.1 166.5 130 135 140 145 150 155 160 165 170 175 2001 2006 2011 2016 2021 2026 2031 Millions Chart 1. Total employment, 2001–21 and projected 2031 Note: Total employment includes wage and salary employment and self-employment. Source: U.S. Bureau of Labor Statistics

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