NEWSNATIONNOW (Andrew Dorn) - 10 fastest-growing jobs over the next decade, Labor Department says
These are the top 10 fastest-growing jobs over the next decade, according to new Labor Department projections.
These are the top 10 fastest-growing jobs over the next decade, according to new Labor Department projections.
Private employment data suggests that the labor market might be tighter than the headline hiring numbers alone suggest, with worker pay accelerating alongside lackluster jobs growth. Why it matters: Employers are pulling back on hiring as they navigate an uncertain economic outlook, but supply constraints continue to limit the pool of available workers in some industries. - That's helping speed up pay growth — a boon for workers in industries like construction and health care, where employers are still competing for scarce labor. - But the labor market is becoming increasingly uneven: While employers in some sectors are paying up to attract workers, others are more cautious about hiring as they contend with geopolitical uncertainty,…
Private sector payrolls in the United States grew by almost 100,000 in June, finishing off the strongest three-month hiring period of the last year.
Private sector hiring across the United States in June capped off the strongest three-month stretch in over a year, with small businesses leading the way in job growth . PULSE POINTS WHAT HAPPENED: - DETAIL: According to new data on Wednesday from Automatic Data Processing (ADP) , a global HR and payroll company, private sector payrolls increased by 98,000 in June. While these numbers fell short of the projected approximately 120,000, this marks the best three-month period for hiring in over a year. ADP noted widespread hiring across nearly all sectors. Small businesses (employers with fewer than 50 workers) were the primary contributors,adding 53,000 jobs in total. Of these, employers with fewer than 20 employees added 38,000 jobs,…Open
More than 120,000 jobs were added in May, surpassing expectations and marking the largest monthly gain since January 2025.
Stronger-than-expected job growth in May hints at labor market momentum ahead of the summer, especially at small businesses, despite previous reports of historically low consumer sentiment. PULSE POINTS WHAT HAPPENED: More than 120,000 jobs were added to the U.S. economy in May, surpassing expectations and marking the largest monthly gain since January 2025. DETAIL: Automatic Data Processing (ADP), an American payroll processing multinational, reported that 122,000 private sector jobs were added in May, surpassing the projected 120,000. This marks the largest monthly gain since the beginning of last year. According to ADP Chief Economist Dr. Nela Richardson, hiring in May was more broad-based than in recent years, seeing gains across…Open
According to ADP, American businesses added 109,000 jobs last month.
Fast-growing Southern metros offer the best job opportunities for college graduates , according to a new study. The big picture: Birmingham, Alabama, and Tampa Bay, Florida, top the list, based on payroll processor ADP's ranking of 20-something hiring rates, wages and affordability. The rest of the top 10 metros are: - San Jose, California - Columbus, Ohio - Raleigh, North Carolina - Tulsa, Oklahoma - San Francisco - Nashville, Tennessee - Charlotte, North Carolina - New York At the bottom of the rankings are: - Salt Lake City - Riverside, California - San Diego - Portland, Oregon What they're saying: "Even graduates who do land jobs in these metros face a tough financial tradeoff in the form of high cost of living," ADP's Sam…
Data: Census Bureau; Chart: Neil Irwin/Axios We don't know yet how the Iran war and the resulting surge in energy prices will ripple through the U.S. economy. We do know that American consumers were in pretty solid shape before it all began. The big picture: New retail sales and employment data out Wednesday morning point to an underlying strength in consumer demand, propped up by wages that have kept rising. - The question for the months ahead is whether the underlying trends that have kept consumers afloat — including a buoyant stock market and a low-layoff job market — can power it through an era of war-induced shocks and weak hiring. Driving the news: Retail sales rose 0.6% in February, the Census Bureau said, reversing a…
Education and health services drove most of the private sector job growth last month.
New private sector data shows signs of life for a labor market that's stabilizing after a dismal year for hiring. Why it matters: It's a welcome development in an economy digesting global trade uncertainty, fast-moving AI technological advancements and a new geopolitical shock. - Yet just two sectors are carrying the entire labor market, making hiring more fragile than the headline numbers suggest. What they're saying: "In our data, job market growth is gaining traction. In employment terms, February's numbers show real forward momentum," David Tinsley, a senior economist at the Bank of America Institute, told reporters Wednesday morning. - In a separate call, ADP chief economist Nela Richardson said private sector job gains had been…