NATIONAL REPORT After Everything - Projections of Jobs, Education, and Training Requirements through 2031
9 November 2023
Among other questions, authorities and pundits are asking what will be the impact of remote work? Of foreign wars? Of changes in technology reducing the demand for certain types of skills? Of increased tension between the United States and its leading industrial competitor, China? Of insecurity in the banking industry? Young people increasingly doubt the value of going to college. [...] In fact, the overall number of tellers actually increased between 1980 and 2010, even though there were fewer tellers per branch, because the job duties of bank tellers were adapted and expanded.27 While many naysayers forecast the end of job creation altogether, the net number of jobs and the output of the economy have continued to grow. [...] The projections of education demand outlined in this report rest on a combination of historical data and growth forecasts based on a model outlined in the technical appendix.39 CEW analysis of IHS Markit data estimates that the return to the long-run growth path for GDP was in place by 2022, after the extraordinary losses in output suffered in both 2020 and 2021, during the COVID-19 pandemic. [...] 24 After Everything: Projections of Jobs, Education, and Training Requirements through 2031 | National Report Healthcare Services Industry The healthcare services industry, composed of healthcare and social assistance providers, is the sixth-largest industry in terms of economic output and the fourth-largest industry in terms of number of jobs. [...] Most of them work in postsecondary education and training, where they make up 58 percent of workers.71 The private education services industry is the smallest in terms of economic output and the third-smallest in terms of employment.