Source: Fortune.com
Summary
The Bureau of Labor Statistics (BLS) projects that U.S. employment will grow by 3.5% from 2025 to 2035, adding 5.9 million jobs. The utility industry, driven by demand for electricity from AI data centers, is expected to grow 9.8%, with solar and wind power sectors seeing even higher gains. Healthcare and social assistance will be the fastest-growing sector, adding 2.2 million jobs. Meanwhile, office and administrative support roles are projected to decline by 4%. The BLS noted that AI adoption will boost some jobs while reducing others.
Our Reading
The numbers tell one story.
Utility jobs surge as AI demands more power.
Healthcare adds millions of roles, driven by aging populations.
AI boosts some tech jobs but threatens others.
The BLS report shows a divided future, with growth and loss side by side.
Author: Evan Null
Key Industry Growth
The utility industry is expected to grow employment by 9.8% from 2025 to 2035, driven by the need for electricity to power AI data centers. Solar electric power generation will see a 153% increase, while wind electric power generation will rise 62%. This growth is tied to the expansion of hyperscale data centers, which require massive energy inputs.
The healthcare and social assistance industry is projected to add 2.2 million jobs, representing 37% of all new jobs created through 2035. This growth is attributed to an aging population and the rising prevalence of chronic conditions like heart disease, cancer, and diabetes. Nurse practitioners and medical and health services managers will see significant employment gains, with 41% and 24% increases, respectively.
The professional, scientific, and technical services industry will be the third-fastest growing sector, with 8.6% growth and 926,700 new jobs. Data scientists and computer and information research scientists are expected to see substantial increases, with 34.6% and 21.8% growth, respectively. This reflects the ongoing reliance on AI tools to improve business operations and decision-making.
Despite fears of AI-driven job losses, the BLS report shows that some tech roles will remain in high demand. However, other sectors, such as office and administrative support, are projected to decline by 4%, or 752,100 jobs. Sales and related occupations will also see a 1.4% drop as e-commerce and AI tools continue to reshape business processes.
The BLS noted that AI adoption will create new opportunities in some fields while reducing demand in others. Generative AI software, which can automate repetitive tasks, may limit employment in arts, design, entertainment, sports, and media. The report highlights a complex labor market where growth and decline coexist, shaped by technological and demographic shifts.
