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Total employment is projected to grow by 4.0 percent and add 6.7 million jobs from 2023 to 2033, increasing from 167.8 million to 174.6 million. Around half of projected job gains are expected to be in the healthcare and social assistance and professional, scientific, and technical services sectors, driving demand for related healthcare and computer and mathematical occupations. Retail trade is the only sector projected to lose jobs over the period.
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Colato et al. (2024) studied this question.
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