The Core

Why We Are Here => Economics & Investing => Topic started by: rcjordan on October 26, 2017, 11:56:15 AM

Title: US BLS.gov: Employment Projections: 2016-26 Summary
Post by: rcjordan on October 26, 2017, 11:56:15 AM
https://www.bls.gov/news.release/ecopro.nr0.htm

Here are the four major themes of the employment projections.

Health care will take over—or, continues its long takeover of—the economy.

It's the end of retail ... as America's most dependable engine of job growth.

Inequality—by income, education, and geography—will continue to grow.

Automation will take a nibble, not a bite, out of the economy.

https://www.theatlantic.com/business/archive/2017/10/the-future-of-jobs-polarized-unequal-and-health-care/543915/
Title: Re: US BLS.gov: Employment Projections: 2016-26 Summary
Post by: Mackin USA on October 26, 2017, 01:02:47 PM
"Automation will take a nibble, not a bite, out of the economy.

Self-driving cars might be the talk of Silicon Valley and auto manufacturers. But the BLS doesn't see their impact in the labor market until after 2026. In their projections, heavy truck-driving will add 114,000 new jobs in the next decade, growing at nearly the same rate as the economy. Delivery service drivers are projected to grow even faster the labor force."