Future Job Market

January 11, 2002 • Volume 12, Issue 1
Will there be enough good opportunities?
By Jane Tanner

Introduction

The U.S. faces a critical shortage of teachers, nurses and pharmacists, and the imminent retirement of the Baby Boomers will exacerbate the situation. (Corbis Images)
The U.S. faces a critical shortage of teachers, nurses and pharmacists, and the imminent retirement of the Baby Boomers will exacerbate the situation. (Corbis Images)

Labor experts predict a shortage of workers over the next two decades. The good news: The best jobs will pay well, even though they will require more education. The bad news: The continuing shift to a service and retail economy means more jobs — such as cashiers and clerks — with low pay, few benefits and limited upward mobility. Yet, the middle ground is not barren. Many high-demand jobs will require modest education or training and still pay fairly well. Jobs in nursing, computer support and dental hygiene only require associate's degrees; desktop publishers and tractor-trailer truck drivers need only on-the-job training and a vocational certificate. To succeed in the workplace, experts say tomorrow's workers must continually update their skills. They also warn job seekers to be realistic: High aspirations are fine, but there are only so many good jobs to go around.

ISSUE TRACKER for Related Reports
Jobs and Skills
Feb. 04, 2022  The New Labor Market
Sep. 17, 2021  Career Change
Aug. 28, 2020  The Nature of Work
Sep. 21, 2018  Labor Shortage Debate
Mar. 30, 2018  U.S. Trade Policy
Oct. 04, 2013  Worker Safety
Mar. 02, 2012  Attracting Jobs
Jul. 22, 2011  Reviving Manufacturing
Jun. 04, 2010  Jobs Outlook
Feb. 20, 2004  Exporting Jobs
Jan. 11, 2002  Future Job Market
Apr. 24, 1998  High-Tech Labor Shortage
Oct. 24, 1997  Contingent Work Force
Feb. 28, 1992  Jobs in the '90s
Jun. 27, 1986  America's Service Economy
Jul. 22, 1983  Technology and Employment
Dec. 10, 1969  Jobs for the Future
Jun. 21, 1967  World Competition for Skilled Labor
Sep. 03, 1965  Shortage of Skills
Oct. 31, 1962  Retraining for New Jobs
Nov. 28, 1956  Shortage of Critical Skills
BROWSE RELATED TOPICS:
Data and Statistics
Vocational and Adult Education