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america's dynamic workforce: 2008 |
Figure 6-1. Employment and output: goods-producing and
service-producing sectors
1996, 2006 and projected 2016, non-agricultural industries.
SOURCE: Bureau of Labor Statistics, Employment Projections Program. See Eric
B. Figueroa and Rose A Woods, “Industry output and employment projections to
2016,” Monthly Labor Review, Nov. 2007, pp 53-85.
Note: Output totals shown exclude agriculture, forestry, fishing, and
hunting, “special industries,” and residual.
- Service-providing industries now dominate the landscape of the American
workforce from both an employment and output perspective. Presently, more
than three out of four jobs are attributed to service-providing industries.
Despite this shift in employment, the goods-producing side of the economy is
expected to grow in terms of real output. Continued manufacturing
productivity gains will negate any prospect for a reversal of this shift in
employment from goods to services.
- Growth in manufacturing is concentrated in the production of computers,
semiconductors, and communication equipment; pharmaceuticals, medicines, and
medical equipment; transportation equipment; plastics and chemicals; and
agriculture, mining, and construction machinery. This list highlights
America’s competitive advantage in the production of high valued-added goods
that use advanced manufacturing techniques and a highly skilled workforce.
- Dominant services provided by America’s labor force are software
publishing, internet, and telecommunication services; architectural and
engineering services; management, scientific, and technical consulting
services; and various financial and health related services.
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