The report by the U.S. Bureau of Labor Statistics noted that the U.S. is expected to add only 3.5 percent more jobs in 2035 compared to 2025. #
U.S. job growth is expected to slow significantly over the next decade, according to a government projection.
The report by the U.S. Bureau of Labor Statistics states that the country is expected to add only 3.5 percent more jobs from 2025 to 2035. For comparison, from 2015 to 2025 the rate of job growth was 10.9 percent.
The report cites the potential adoption of AI as one possible factor in dampening job growth in some areas. "Although the growing adoption of AI is expected to support demand for some occupations, associated productivity gains may dampen employment demand for others," the report states. "The use of generative AI software, which can be leveraged to automate repetitive tasks and speed up certain processes, may limit demand for some jobs in the arts, design, entertainment, sports, and media occupational group."
The report also predicts that the integration of automation tools, including those powered by AI, will significantly impact office and administrative support jobs. "This occupational group is projected to decline at the fastest pace (-4.0 percent) and to shed 752,100 jobs over the 2025-35 decade, the most of any major occupational group," the report states.
Some other areas expected to be adversely affected by AI and automation are sales and manufacturing. Sales and related occupational groups are expected to see jobs shrink by 1.4 percent, while automation is expected to shrink manufacturing operations by 0.4 percent.
The report predicts that electricity demand will surge, fueling some job growth in related sectors. The findings are not surprising given that the data centers needed to power AI have significant energy needs. Also, electric vehicles and other consumer products also are boosting energy usage.
"Electricity demand is expected to grow significantly over the projections decade, leading to strong employment growth for solar photovoltaic installers (+36.5 percent) and wind turbine service technicians (+29.5 percent), both of which rank among the five fastest growing
occupations from 2025 to 2035," states a passage of the report.
Although jobs in those areas will grow rapidly, they still represent a relatively small sector of the labor market. Combined, they are projected to add fewer than 15,000 new jobs by 2035. In total, the utilities sector is expected to add 9.8 percent more jobs, but the sector is small, so the number of new jobs only equates to 58,000.
Overall, the number of jobs in the U.S. is expected to rise from 170.3 million to 176.2 million.
More than a third of all new jobs will, according to the report, be concentrated in the health care sector. The private healthcare and social assistance sector is projected to increase employment by 9.5 percent, adding more than 2.2 million jobs. "This strong growth is expected to account for about 37.0 percent of all new jobs projected to be added through 2035," the report states.
The growth in healthcare jobs will be tied to an aging population and the increasing prevalence of chronic health conditions, such as heart disease, cancer, and diabetes.
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