U.S. employment is projected to increase by 6 million jobs over the decade from 2019 through 2029.
But the annual growth rate is slower than during the economy’s recovery from the Great Recession, according to U.S. Bureau of Labor Statistics (BLS).
In a report issued Tuesday (Sept. 1), the BLS projected employment will grow from 163 million to 169 million over the decade.This reflects an annual growth rate of 0.4 percent. That’s less than the 2009-19 annual growth rate of 1.3 percent, bolstered by the recovery from the Great Recession of 2007-09.The labor force participation rate, the number of working-age Americans […]
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