U.s. labor shortage statistics
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Labor shortage myth...
How the US job landscape is changing—and how to adapt
In our recent report, my colleagues and I found that the US labor market experienced a remarkable 8.6 million occupational shifts during the three years of the COVID-19 pandemic, 50 percent more than in the previous three-year period.
While it’s impossible to trace individual moves, many people left their previous roles and landed better-paying jobs in other occupations. Most of these shifts involved people leaving industries such as food services, customer service, and office support.
Automation, fueled by generative AI, is a major driver of change in the job market—and it’s only getting started.
Labor shortage by industry
By 2030, tasks that currently account for 30 percent of hours worked across the U.S. economy could be automated. However, we expect that generative AI can enhance the work of STEM, creative, and business professionals rather than eliminating their roles outright.
The biggest automation-related job losses are likely to occur in categories such as office support, customer service, and food service, where we estimate that an ad