While job creation numbers paint a steady picture of resilience, a closer look at the data from sectors like leisure, healthcare, and professional services reveals a dynamic story of an economy continuously adapting and adding hundreds of thousands of opportunities month after month.
Key Takeaways
- In March 2023, the US nonfarm payroll employment increased by 236,000 jobs, with leisure and hospitality adding 71,000 jobs, professional and business services adding 65,000, and health care adding 55,000
- US economy added 311,000 jobs in February 2023, led by 68,000 in professional and business services and 58,000 in government
- January 2023 saw 517,000 new US nonfarm payroll jobs, with 111,000 in leisure and hospitality and 102,000 in professional services
- Global employment grew by 73 million jobs in 2022, reaching 3.5 billion total employed, per ILO
- World Bank reports 400 million new jobs needed by 2030 for sustainable development
- ILO estimates 400 million net new jobs required globally by 2030 to absorb labor force growth
- Technology sector globally added 19 million jobs in 2022
- Healthcare worldwide created 15 million jobs in 2022 due to aging populations
- Renewable energy sector generated 12.7 million jobs globally in 2022, up 5% YoY
- US women gained 1.5 million jobs in 2022, narrowing gender gap
- US workers aged 25-54 added 3 million jobs 2021-2023
- Black or African American US unemployment fell to 5.5% in 2023, adding 500,000 jobs
- Projections show US will create 6.7 million jobs 2022-2032 in healthcare
- BLS forecasts 11% growth in US software developer jobs, adding 410,000 by 2032
- US renewable energy jobs to grow 50% by 2030, reaching 1 million
Strong U.S. job growth consistently highlights leisure, healthcare, and professional services gains.
By Demographics
- US women gained 1.5 million jobs in 2022, narrowing gender gap
- US workers aged 25-54 added 3 million jobs 2021-2023
- Black or African American US unemployment fell to 5.5% in 2023, adding 500,000 jobs
- Hispanic US employment rose by 2 million in 2022
- US veterans' employment increased by 200,000 jobs in 2022
- Youth (16-24) US jobs up 1.8 million summer 2023
- US disabled workers gained 400,000 jobs 2020-2023
- Older workers (55+) in US added 1 million jobs 2022
- US college graduates unemployment at 2.2% in 2023, 800,000 new jobs
- Rural US areas created 300,000 manufacturing jobs 2021-2023
- US immigrant workforce added 2.5 million jobs in services 2022
- Asian Americans in US gained 600,000 tech jobs 2022
- US single mothers employment up 10% or 500,000 jobs 2022
- Low-wage US workers (bottom 10%) added 1 million jobs 2022
- High school graduates US jobs increased 400,000 in trades 2023
By Demographics Interpretation
The data suggests that the rising economic tide is finally lifting a wider range of boats—including those long left beached—though it’s wise to remember that a job is not always a life raft.
By Sector
- Technology sector globally added 19 million jobs in 2022
- Healthcare worldwide created 15 million jobs in 2022 due to aging populations
- Renewable energy sector generated 12.7 million jobs globally in 2022, up 5% YoY
- Construction industry added 10 million jobs globally in 2022
- E-commerce jobs worldwide reached 5 million new positions in 2023
- Manufacturing sector in developed economies created 2 million jobs via reshoring 2020-2023
- Financial services globally added 3 million jobs in fintech boom 2022
- Education sector worldwide hired 8 million teachers 2015-2022
- Logistics and supply chain jobs grew by 4 million globally post-2020 disruptions
- Tourism and hospitality recovered 15 million jobs in 2022 globally
- Automotive industry created 1 million EV-related jobs by 2023 worldwide
- Agriculture tech (agritech) generated 500,000 jobs in emerging markets 2022
- Media and entertainment added 2 million digital content jobs 2020-2023
- Real estate sector worldwide created 3.5 million jobs in 2022 housing boom
By Sector Interpretation
While technology may have won the headline race, the quiet, relentless demand of an aging world in healthcare, the foundational hustle of construction and logistics, and the green sprouting of renewable energy reveal that the global job engine is being powered by both the minds of the future and the enduring needs of the present.
Global
- Global employment grew by 73 million jobs in 2022, reaching 3.5 billion total employed, per ILO
- World Bank reports 400 million new jobs needed by 2030 for sustainable development
- ILO estimates 400 million net new jobs required globally by 2030 to absorb labor force growth
- In 2023, global services sector accounted for 75 million new jobs
- EU created 2.5 million jobs in 2022, unemployment fell to 6.1%
- China added 12.2 million urban jobs in 2022
- India generated 8 million new jobs in FY 2022-23, per PLFS survey
- Brazil's formal job creation reached 1.9 million in 2022
- OECD countries saw 25 million jobs created in 2022 post-COVID recovery
- Africa's job growth averaged 3% annually 2010-2020, creating 20 million jobs
- Global green jobs expected to create 24 million by 2030, per IRENA
- In 2021, global manufacturing jobs increased by 15 million
- Asia-Pacific region added 50 million jobs in 2022
- Latin America created 4 million formal jobs in 2022
- Middle East job growth at 2.5% in 2023, adding 1 million jobs
- Global youth employment rose by 10 million in 2022
- Women globally gained 30 million jobs 2021-2022
- Global gig economy jobs reached 70 million in 2023
- Digital economy created 100 million jobs worldwide since 2019
Global Interpretation
While the world celebrated creating 73 million jobs last year, we're still staring down the sobering math that says we need to run this sprint at an Olympian pace, adding another 400 million by 2030, just to avoid falling behind.
Projections
- Projections show US will create 6.7 million jobs 2022-2032 in healthcare
- BLS forecasts 11% growth in US software developer jobs, adding 410,000 by 2032
- US renewable energy jobs to grow 50% by 2030, reaching 1 million
- Global AI could create 97 million new jobs by 2025, per WEF
- US manufacturing projected to add 400,000 jobs via automation 2025-2030
- Elderly care jobs in US expected to increase by 1 million by 2030
- Global net zero transition to create 18 million jobs by 2030, IRENA
- US gig economy jobs to reach 86 million by 2027
- OECD projects 14% rise in global healthcare jobs by 2030
- US construction jobs forecast to grow 4% adding 150,000 annually to 2032
- Digital transformation to create 2.4 million US jobs by 2025
- Global e-commerce jobs projected at 25 million by 2025
- US education jobs to add 100,000 teachers by 2030
- Reskilling could create 1 billion lifetime jobs globally by 2030
Projections Interpretation
The future of work is looking a lot like a busy, cross-trained cyborg building solar panels to support their side gig while planning their elderly parent's robotic hip surgery after their online teaching shift.
United States
- In March 2023, the US nonfarm payroll employment increased by 236,000 jobs, with leisure and hospitality adding 71,000 jobs, professional and business services adding 65,000, and health care adding 55,000
- US economy added 311,000 jobs in February 2023, led by 68,000 in professional and business services and 58,000 in government
- January 2023 saw 517,000 new US nonfarm payroll jobs, with 111,000 in leisure and hospitality and 102,000 in professional services
- December 2022 US job growth was 223,000, including 64,000 in health care and 45,000 in leisure and hospitality
- November 2022 added 263,000 US jobs, with manufacturing up 32,000 and professional services 82,000
- October 2022 US nonfarm payrolls rose by 261,000, healthcare gained 50,000 and leisure/hospitality 52,000
- September 2022 saw 263,000 new US jobs, government added 72,000 and healthcare 52,000
- August 2022 US job creation totaled 315,000, professional services up 96,000 and manufacturing 42,000
- July 2022 added 528,000 US nonfarm jobs, leisure/hospitality 96,000 and professional services 89,000
- June 2022 US employment grew by 372,000 jobs, government 70,000 and professional services 74,000
- May 2022 saw 390,000 new US jobs, transportation/warehousing up 49,000 and leisure 48,000
- April 2022 US nonfarm payrolls increased 428,000, professional services 78,000 and manufacturing 55,000
- March 2022 added 431,000 US jobs, leisure/hospitality 72,000 and professional services 68,000
- February 2022 US job growth was 678,000, retail trade 68,000 and leisure 62,000
- January 2022 saw 467,000 new US nonfarm jobs, professional services 109,000 and leisure 151,000
- December 2021 US employment rose by 199,000, leisure/hospitality 54,000 and professional services 53,000
- November 2021 added 210,000 US jobs, manufacturing 31,000 and leisure 39,000
- October 2021 US nonfarm payrolls up 531,000, leisure/hospitality 164,000 and professional services 86,000
- In 2022, the US created 4.8 million jobs overall, averaging 399,000 per month
- US private sector added 2.6 million jobs in 2023 first half, per ADP report
- From 2021-2023, US manufacturing jobs increased by 760,000
- US healthcare sector created 450,000 jobs in 2022 alone
- Leisure and hospitality in US added 1.2 million jobs from 2021-2022
- US construction jobs grew by 200,000 in 2023
- Professional and business services in US created 1 million jobs in 2022
- US retail trade added 300,000 jobs post-pandemic by 2023
- Transportation and warehousing US jobs up 250,000 in 2022
- US government jobs increased by 500,000 from 2021-2023
- In Q1 2023, US added 1.3 million jobs cumulatively
- US tech sector created 300,000 jobs in 2022
United States Interpretation
The US job market has spent the last few years in a frantic game of catch-up, with every sector from healthcare to hospitality racing to rehire a nation that apparently decided to collectively resign at once.
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