“Making informed career decisions requires reliable information about opportunities in the future. Opportunities result from the relationships between the population, labor force, and the demand for goods and services.” ~ U.S. Department of Labor, Bureau of Labor Statistics
The U.S. Department of Labor, Bureau of Labor Statistics has a very comprehensive report on jobs and occupations in USA. The report outlines various aspects of job situations and provides projections on the jobs outlook.
The term labor force or work force includes all the people either working or looking for work. Over the next 10 years, based on the population growth and job outlook, the report also includes the change in the labor force for different races. This chart here has a graphical view of change in labor force by race and ethnic origin comparing 2008 employment to the projection for 2018. Note that there is no separate category for ‘Indian Americans’; in this study, they are part the ‘Asian’ group.
Some of the Highlights of the report are:
- The U.S. workforce is expected to become more diverse by 2018.
- Among racial groups, Whites are expected to make up a decreasing share of the labor force, while Blacks, Asians, and all other groups will increase their share.
- The Asian work force is expected to rise from 4.7 percent to 5.6 percent, a relative growth of 25 percent over 10 years.
- It is interesting to note that even though projection increases for every non-white race; the percentage change is not that much.
- Among ethnic groups, persons of Hispanic origin are projected to increase their share of the labor force from 14.3 percent to 17.6 percent, reflecting 33.1 percent growth.
- The number of women in the labor force will grow at a slightly faster rate than the number of men. The male labor force is projected to grow by 7.5 percent from 2008 to 2018, compared with 9.0 percent for the female labor force.
According to Department of Labor, population is the single most important factor in determining the size and composition of the labor force—people either working or looking for work. The numbers of Asians and people of Hispanic origin are projected to continue to grow much faster than other racial and ethnic groups.
For related information on US Jobs, you may want to look at Jobs and Occupations in highest demand and The fastest growing jobs and occupations in USA.
USA Employment Projections for 2008-2018 is a more recent piece of information along the same line.
And Finally, the article US Employment scene by Race and Ethnicitycovers much more details of US labor force by race and ethnicity including employment, earning, occupations and education level.
- Jobs and Occupations in highest demand in USA: 2006 to 2016
- The fastest growing jobs and occupations in USA
- Asian Women lead the US work force ranks
- USA Employment Projections for 2008-2018
- US Employment scene by Race and Ethnicity
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