Service sector dominant source of new jobs
December 03, 1999
The service-producing sector of the economy is projected to grow by 19.1 million wage-and-salary jobs between 1998 and 2008. This represents nearly 95 percent of total employment growth over that period. In the latter year, the service-producing sector will account for almost 3 out of every four jobs in the U.S. economy.
Within the service-producing sector, the robust growth of the services industry division will continue. Employment in this diverse group of industries is projected to increase by 11.8 million by 2008, accounting for about 60 percent of total growth in the service-producing sector.
Within the services division, nearly three-quarters of projected job growth is concentrated in three industry groups—business services (4.6 million jobs), health services (2.8 million) and engineering, management and other services (1.1 million).
Projections of the industrial composition of employment are a product of the Employment Projections program. The services industry division is the sub-set of the service-producing sector of the economy that supplies services to other businesses and to individuals. Other service-producing industries include transportation, communications, utilities, trade, finance, and government. To find out more, see articles from the November 1999 issue of Monthly Labor Review.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Service sector dominant source of new jobs on the Internet at http://www.bls.gov/opub/ted/1999/nov/wk5/art05.htm (visited December 02, 2016).
Recent editions of Spotlight on Statistics
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.
A look at healthcare spending, employment, pay, benefits, and prices
Spending on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Self-employment in the United States
Trends in self-employment by various demographic and socioeconomic characteristics, including both the unincorporated and the incorporated self-employed, as well as data on paid employees who work for the self-employed.