Nonetheless, over the course of the
10-year projection period, BLS expects
almost all job growth to come from
service sectors. Employment in goods-producing sectors is expected to decline,
except in construction. Job losses in
manufacturing will continue, but at a
slower pace. Job losses in the goods-producing sector will be principally due
to continued productivity gains.64
“Job gains in the construction sector
will be almost entirely offset by the
projected 1. 2 million decline in manu-
facturing during the 2008–18 period,”
BLS said. “The manufacturing sector’s
seemingly large employment loss…
still represents a contrast to what was
experienced during the previous decade
when the sector lost 4. 1 million jobs.”
The construction sector lost nearly 1. 5
million jobs during the Great Recession
and continued to decline through July
2010. It has since been hovering around
5. 5 million workers.65 But construction
spending continues to recede in 2011,66 so
the gains BLS anticipated may be elusive.
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