Experts Predict Glacial Job Market Growth Until 2033
Allwork
AUGUST 30, 2024
Economists predict the job market growth will slow dramatically over the next decade. According to the latest projections from the Bureau of Labor Statistics (BLS), the workforce is on a path to expand at an annual rate of just 0.4% through 2033. The annual growth rate for the previous 10 years was 1.3%. Bloomberg reports that this anticipated slowdown is largely attributed to technological advancements spread across the workforce — specifically, the rise of e-commerce platforms and artifici
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