Business services-including personnel supply services and computer and data processing services, among other detailed industries-will add 5.1 million jobs. The personnel supply services industry, consisting of employment agencies and temporary staffing services, is projected to be the largest source of numerical employment growth in the economy, adding 1.9 million new jobs. However, employment in computer and data processing services-which provides prepackaged and specialized software, data and computer systems design and management, and computer-related consulting services-is projected to grow by 86 percent between 2000 and 2010, ranking as the fastest growing industry in the economy.
Health services-including home healthcare services, hospitals, and offices of health practitioners-will add 2.8 million new jobs as demand for healthcare increases because of an aging population and longer life expectancies.
Social services-including child daycare and residential care services-will add 1.2 million jobs. As more women enter the labor force, demand for childcare services is expected to grow, leading to the creation of 300,000 jobs. An elderly population seeking alternatives to nursing homes and hospital care will boost employment in residential care services, which is projected to grow 63.5 percent and add 512,000 jobs by 2010.
The youth population, aged 16 to 24, will grow more rapidly than the overall population, a turn-around that began in the mid-1990s. As the baby boomers continue to age, the group aged 55 to 64 will increase by 11 million persons over the 2000-10 period-more than any other group. Those aged 35 to 44 will be the only group to decrease in size, reflecting the birth dearth following the baby boom.
Those folks lucky enough to get those great jobs will be buying new cars, houses and furnishings.... NOT.