Ever since the release of ChatGPT in late 2022 and other AI tools that have followed in its wake, people have been pondering the potential of artificial intelligence to replace certain occupations, trying to figure out if and how the nascent technology will change the way people work. And while the focus of discussions like this is often on the risk of certain jobs being replaced by emerging technologies, these shifts, as well as societal changes, usually offer new employment opportunities as well.
Think of the rise of e-commerce for example: while it has led to a decline in retail jobs, it has supported strong job growth in transportation and warehousing and still does. According to the U.S. Bureau of Labor Statistics’ Occupational Employment Projections, transportation and warehousing is going to be among the fastest growing sectors over the next decade, with wage and salary employment in the sector projected to grow 8.6 percent between 2022 and 2032.
At 9.7 percent, the biggest increase in employment is expected for the healthcare and social assistance sector, which is driven less by technological changes and more by demographic shifts. Due to the ageing population and the growing prevalence of chronic conditions, the healthcare and social assistance sector is projected to account for 2.1 million new jobs by 2032, making up almost half of all new jobs expected by the end of the projection period.
Looking at individual occupations, this trend is also evident, with home health and personal care aids projected to be by far the fastest-growing occupation over the next decade, adding more than 800,000 jobs by 2032. With registered nurses and medical and health service managers also in the top 10, it’s clear that the health sector as a whole is going to be a major driver of employment growth in the near future.
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Source: Statista