The real question, he says, is what kind of jobs they'll be. "The worrisome trend is something I've called the polarization of the labor market."
Katz says the U.S. has experienced this for the past 15 years or so. It results in strong job growth for the high-paying jobs and the low-paying jobs at both ends of the labor market, but less growth in the middle to replace the well-paying manufacturing jobs the U.S. is losing.
Projections for the next decade from the Bureau of Labor Statistics suggest that elements of that basic trend will continue.
Dixie Sommers, assistant commissioner for the Bureau of Labor Statistics, recites a list of the 10 occupations that the BLS expects will provide the greatest number of new jobs over the next decade. These include:
1. Registered nurses
2. Home health aids
3. Customer service representatives
4. Food preparation and serving workers
5. Personal and home care aides
6. Retail salespersons
7. Office clerks
8. Accountants
9. Nursing aides, orderlies and attendants
10. Postsecondary teachers
Six of the top seven fastest-growing occupations are low-skill, low-wage jobs.
http://internsover40.blogspot.com/2010/01/where-are-jobs-in-next-decade.html
Interesting.. not even Obama's own Bureau of Labor Statistics thinks we'll have any "green jobs" in the top ten. I guess this is the future, folks -- waiting on the aging baby boomers hand and foot, whether in the hospital, as a home health aid, a "personal aid," serving them at the Golden Corral buffet, or ringing up their plastic Chinese stuff at the Dollar Store.
Seriously, 7 of these 10 jobs are minimum to low wage, low benefit, precarious fields of employment. Of the health fields in this list, only registered nurses currently do okay -- but I predict their wages will fall as more Americans move into that field, and as we import even more Filipino H1B visa nurses. But even today, everything below a nurse earns crap -- we're talking $8 or $10 an hour for CNA'S, home health aids, etc. And that's the same range for the food service jobs, the customer service jobs, and the office clerks.
Now, it's not all bad news.. there will be high paying lines of work if you can get it, but as far as total numbers the growth is all at the bottom of the barrel.
EDIT: Interesting omissions.. zero IT jobs in the top 10 (I guess all that growth will be in India), also notice no housing industry growth (contractors, construction, real estate agents). And of course no manufacturing growth, green or otherwise -- no surprise there.