January 09, 2002 (The Editor’s Desk is updated each business day.)

Most new jobs to be in services or retail trade

According to BLS projections, more than three-fourths of new jobs between 2000 and 2010 are expected to be in the services or retail trade industries.

[Chart data—TXT]

Modest increases in other industries, such as manufacturing, construction, and wholesale trade are also projected. Declines in employment are expected to continue in mining and in the Federal Government.

The services industry includes establishments that provide personal, business, health, legal, educational, and other services to individuals and organizations. The services industry is a sub-set of the service-producing sector of the economy. Other service-producing industries include transportation, communications, utilities, wholesale and retail trade, finance, and government.

These data are from the BLS Employment Projections program. These data on employment by industry are for wage and salary workers. For more information, see "Industry Employment" in the Occupational Outlook Quarterly, Winter 2001-2002. (The BLS employment projections for the period 2000-2010 were completed prior to the tragic events of September 11, 2001. BLS will continue to review its projections and, as the long-term consequences of September 11 become clearer, will incorporate these effects in subsequent analyses of industrial and occupational outlook.)

Related TED articles:

• Occupations losing the most jobs, 2000-10
• Labor force participation trends for women and men
• Industries on the wane, 2000-10
• Youth segment of labor force to grow fastest
• Labor force to continue to diversify
• Fastest growing industries, 2000-2010
• Fastest growing jobs, 2000-2010