Healthcare sector to be biggest source of jobs in next decade: 4 statistics

Healthcare occupations and industries are expected to have the fastest employment growth and add the most jobs between 2014 and 2024 than any other industry, the Bureau of Labor Statistics reported Tuesday.

Here are four statistics from the BLS on projected employment growth.

1. Service-providing sectors are projected to capture 94.6 percent of all the jobs added between 2014 and 2024. Of these 9.3 million new service sector jobs, 3.8 million will be added to the healthcare and social assistance major sector.

2. The BLS estimates the healthcare and social assistance major sector will increase its employment share from 12 percent in 2014 to 13.6 percent in 2024.

3. Healthcare support occupations and healthcare practitioners and technical occupations are projected to be the two fastest growing occupational groups between 2014 and 2024. These groups are projected to contribute the most new jobs, with a combined increase of 2.3 million in employment, representing about 1 in 4 new jobs.

4. Personal care aide employment is expected to increase by roughly 458,000 jobs between 2014 and 2024, while registered nurse employment is expected to increase by roughly 439,000 jobs.

 

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