Middle-class jobs at risk: Over 600,000 positions to disappear from the American market by 2033

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More than 600,000 middle-class jobs—typically paying between $40,000 and over $100,000 annually—are expected to vanish within a decade

USA: A significant shift is anticipated in the American job market, with dozens of middle-class jobs poised to contract, potentially displacing hundreds of thousands of workers in well-paying roles.While the overall job market is projected to add approximately 6.7 million new positions by 2033, certain sectors will experience substantial declines, creating a landscape of distinct winners and losers.

She adds that while certain roles may disappear, workers who remain in their fields may need to acquire skills that enable them to adapt to technological advancements, includingChange is a constant in the American labour market. Over the last century, the U.S. has transitioned from an agricultural and manufacturing economy to a service-oriented one.

Furthermore, a July report from Georgetown’s Center on Education and the Workforce indicates that about 15.2 million new middle-class jobs will emerge by 2031, primarily for workers with postsecondary education. “There’s a debate about whether a bachelor’s degree should be the standard,” Smith notes. “However, challenges arise when we suggest that no degree is needed at all.”

 

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