THE FORESEEABLE FUTURE


Job Growth Is Projected to Be Modest During the Next Decade Average annual growth in total U.S. employment


2.7% 2.5% 1.8% 1.9% 1.9% 1.6%


0.6% -0.1% 1950-1960 1960-1970 1970-1980 Sources: Bureau of Labor Statistics, Argentum 1980-1990 1990-2000 2000-2010 2010-2019


2019-2030* *projected


Health Care Providers Projected to Be the Leading Job Creators Average annual employment growth by selected sector, 2019 to 2030


1.6% 1.2% 1.1% 0.9% 0.8% 0.3% 0.1%


Health care and social assistance


Educational service


Construction


Leisure and


hospitality Sources: Bureau of Labor Statistics, Argentum


Professional and business services


Financial activities


State/local government


-0.1% Retail trade Manufacturing Federal government -0.5% -0.5%


20 SENIOR LIVING EXECUTIVE MAY/JUNE 2020


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