01.20.2026
Concentrating on Market Concentration
Last week, Alphabet joined NVIDIA, Microsoft and Apple as the only companies to ever reach a market capitalization of $4…
This week’s Chart of the Week shows projected trends for non-agriculture employment in the U.S. by major industry sectors over the 2010-2020 timeframe. Every two years, the Bureau of Labor Statistics (BLS) estimates labor force trends over a 10-year period. BLS employment estimates are based on projected changes in both population growth and labor force participation rates within U.S. demographic groups.
Notable employment changes during this time include health care and social assistance (5.6 Mil), professional and business services (3.8 Mil), and construction (1.8 Mil). Nearly half of the projected job growth during 2010-2020 is expected to come from health care / social assistance and professional and business services. Despite strong projected growth in the construction industry, employment is not expected to reach pre-recession levels. Federal government employment is expected to lose approximately 370K jobs with nearly half of those reductions coming from the Postal Service.
The latest release, from February 2012, reflects key demographic changes taking place in the U.S. over the next 10 years. A slower rate of growth within the U.S. population, the continued aging of the baby-boom generation, and decreases in labor force participation rates are expected. These changes will have an effect on both the rate of growth within the U.S. economy as well as which industries will be the driving force of that growth.
The opinions expressed herein are those of Marquette Associates, Inc. (“Marquette”), and are subject to change without notice. This material is not financial advice or an offer to purchase or sell any product. Marquette reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs.
01.20.2026
Last week, Alphabet joined NVIDIA, Microsoft and Apple as the only companies to ever reach a market capitalization of $4…
01.07.2026
This video is a recording of a live webinar held January 15 by Marquette’s research team analyzing 2025 across the…
01.12.2026
The capture of Venezuelan president Nicolás Maduro is a watershed moment for a country whose natural resource economy has been…
01.05.2026
The development of artificial intelligence is advancing along two largely distinct paths. The first centers on generative AI powered by…
12.29.2025
While the holiday season was once marked by bustling bars, readers may notice that nightlife isn’t what it used to…
12.22.2025
Private equity is known for being an illiquid asset class, with investments typically locked up for several years and limited…
Research alerts keep you updated on our latest research publications. Simply enter your contact information, choose the research alerts you would like to receive and click Subscribe. Alerts will be sent as research is published.
We respect your privacy. We will never share or sell your information.
If you have questions or need further information, please contact us directly and we will respond to your inquiry within 24 hours.
Contact Us >