Showing posts with label — zerohedge (@zerohedge) May 14. Show all posts
Showing posts with label — zerohedge (@zerohedge) May 14. Show all posts

Monday, May 13, 2024

Services No Longer Required: Which Jobs Are Most At Risk?

As Statista's Felix Richter reports, each year, the U.S. Bureau of Labor Statistics publishes its Occupational Employment Projections - a report that's looking at the U.S. labor market as a whole for the next 10 years, projecting changes in employment by occupation and revealing which jobs are most at risk from automation or other technological and societal shifts. In its latest edition covering the 2022-2032 period, the BLS identified four occupational groups that are projected to lose jobs over the next decade: office and administrative support occupations, production occupations and sales and related occupations as well as occupations in farming, fishing, and forestry.

As the following chart shows, cashiers, who are at risk of being replaced by self-checkout, are projected to see the biggest drop in employment over the next decade with 348,100 fewer jobs in 2032 than in 2022.

Other jobs high on the list are secretaries, office clerks, and customer service representatives, with each of these occupations expected to see employment decline by more than 150,000 jobs until 2032.

When looking at relative employment changes, word processors and typists (-39 percent) and watch and clock repairers (-30 percent) are most at risk of losing their jobs, with other relatively rare occupations also high on the list.  

Check out Statista.