The U.S. job market is expected to grow by about 7% over the next decade. At that rate, roughly 10 million more Americans will be employed by 2024.
However, these new jobs are not likely to be created evenly across all occupations and industries. The nation’s middle class has been shrinking at what some call an alarming rate, and even as the nation’s job market is expected to grow, demand for many mid- to low-skilled, primarily middle class positions is expected to rapidly decline. The Bureau of Labor Statistics (BLS) projects a loss of hundreds of thousands of such jobs in the coming years due to outsourcing and the development of new technology.
Read more: 17 Disappearing Middle Class Jobs - 24/7 Wall St. http://247wallst.com/special-report/2016/03/01/17-disappearing-middle-class-jobs/#ixzz4C4FiAAKu
However, these new jobs are not likely to be created evenly across all occupations and industries. The nation’s middle class has been shrinking at what some call an alarming rate, and even as the nation’s job market is expected to grow, demand for many mid- to low-skilled, primarily middle class positions is expected to rapidly decline. The Bureau of Labor Statistics (BLS) projects a loss of hundreds of thousands of such jobs in the coming years due to outsourcing and the development of new technology.
Read more: 17 Disappearing Middle Class Jobs - 24/7 Wall St. http://247wallst.com/special-report/2016/03/01/17-disappearing-middle-class-jobs/#ixzz4C4FiAAKu
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