PREPARING THE WORKERS OF TODAY FOR THE JOBS OF TOMORROW
"In this report, the President’s Council of Economic Advisers (CEA) presents a projection of potential developments in the U.S. labor market over the next five to ten years and discusses the preparations necessary to develop the 21st century workforce. We discuss the skills that will likely be most relevant in growing occupations, the value and limitations of our current post-high school education and training systems, and the characteristics of a more effective education and training structure.

At an aggregate level, the data indicate that the economy of 2016 will resemble the economy of 2008, with several important shifts that have implications for employment.

* Health care is forecasted to remain a large source of job growth in the labor market. The long-term trend toward more employment in health care is expected to continue, with many health care occupations, including medical records and health information technicians, registered nurses, clinical laboratory technicians, and physical therapists, expected to grow.
* The decades-long decline in the share of workers that are employed in manufacturing is expected to moderate. Some industries within manufacturing – such as aerospace and pharmaceuticals – are projected to create many jobs.
* The construction industry is projected to eventually recover and add jobs in the coming decade. This rebuilding would generate a demand for skilled workers such as electricians and plumbers..."