The fastest growing (and declining) job industries of the next decade: Federal data
U.S. stocks fell on Tuesday as the S&P 500 declined 0.58 percent amid renewed investor concerns that artificial intelligence could disrupt software companies. Salesforce, ServiceNow, and Intuit all slid during the session. Investor sentiment also faced pressure from rising oil prices, ongoing Middle East tensions, and market bets regarding a September Federal Reserve rate hike. Meanwhile, economic data previously showed the U.S. economy added 162,000 jobs while unemployment held steady at 4.1 percent alongside federal labor projections mapping the next decade of employment growth.
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- ✓ The S&P 500 declined 0.58 percent as U.S. stocks fell on Tuesday.
- ✓ Salesforce, ServiceNow, and Intuit slid on renewed concerns that AI could disrupt software companies.
- ✓ Rising oil prices, Middle East tensions, and bets on a September Fed rate hike weighed on investor sentiment.
What changed
Stock markets dropped as software makers slid under renewed artificial intelligence disruption worries and rising oil prices.
Live updates
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US Markets Fall As AI Disrupts Software And Oil Prices Rise
U.S. stocks fell on Tuesday as the S&P 500 declined 0.58 percent amid renewed investor concerns that artificial intelligence could disrupt software companies. Salesforce, ServiceNow, and Intuit all slid during the session. Investor sentiment also faced pressure from rising oil prices, ongoing Middle East tensions, and market bets regarding a September Federal Reserve rate hike. Meanwhile, economic data previously showed the U.S. economy added 162,000 jobs while unemployment held steady at 4.1 percent alongside federal labor projections mapping the next decade of employment growth.
Why it matters
The intersection of technological disruption and macroeconomic pressures continues to steer investor behavior across major financial indices. Labor department projections previously outlined the fastest-growing and declining occupations for the coming decade, even as artificial intelligence developments heavily influence specific market sectors like software. These shifts occur alongside broader geopolitical tensions and commodity price fluctuations affecting global financial markets.
What is confirmed
- The S&P 500 declined 0.58 percent as U.S. stocks fell on Tuesday.
- Salesforce, ServiceNow, and Intuit slid on renewed concerns that AI could disrupt software companies.
- Rising oil prices, Middle East tensions, and bets on a September Fed rate hike weighed on investor sentiment.
What to watch next
- Decisions from the Federal Reserve regarding the anticipated September rate hike
- Further market reactions to artificial intelligence disruption in software sectors
confidence 100%Sources used for this update (4)
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- economictimes.indiatimes.com — Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Highlights: S&P 500 ends lower as AI worries hit software makers amid inflation, oil rise
- www.thehindubusinessline.com — Sensex today | Stock Market Highlights: Sensex crashes 813 pts, Nifty closes at 23,431 as crude crosses $100
- www.foxnews.com — GOP prepares for night 2 of the Midterm Convention, Trump's sendoff speech
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Federal Data Outlines Fastest Growing and Declining Jobs
Federal labor projections detail the fastest-growing and declining occupations across the United States over the next decade. Data from the Labor Department indicates that six of the ten fastest-growing jobs fall into a single industry, excluding tech and artificial intelligence. Additional figures map the top-growing job in every state through 2034, highlighting sectors driving future employment and identifying thirty occupations facing the sharpest declines. Meanwhile, a separate economic report notes the U.S. economy added 162,000 jobs while unemployment held at 4.1 percent.
Why it matters
These long-term projections provide insight into structural shifts in the American labor market over a ten-year horizon. Understanding which fields are expanding or contracting helps policymakers, educators, and workers anticipate future demand across various sectors.
What is confirmed
- Six of the ten U.S. jobs projected to grow fastest over the next decade are in one industry that is not tech or AI.
- The economy added 162,000 jobs and unemployment remained at 4.1 percent.
Still unconfirmed
- Trump's economic boom is imminent according to White House statements.
What to watch next
- Future monthly jobs reports from the Labor Department
- State-by-state implementation of workforce development programs targeting projected growth industries
confidence 90%Sources used for this update (9)
- The Hill — These 30 occupations could see the fastest job decline in the next decade: Labor Department
- Newser — These Jobs Are Expected to Grow Over 10 Years
- CNBC — 6 of the 10 U.S. jobs projected to grow fastest over the next decade are in one industry—and it's not tech or AI
- WOODTV.com — These are the 10 fastest-growing jobs over the next decade, Labor Department says
- visualcapitalist.com — Mapped: The Fastest-Growing Job in Every U.S. State Through 2034
- The Hill — The fastest growing (and declining) job industries of the next decade: Federal data
- Business Insider — 10 High-Paying and Growing Jobs With Low Exposure to AI
- Fortune — These industries will lead hiring in the next decade, with just one sector accounting for more than a third of all new jobs
- www.eopicle.net — Trump’s Economic “Boom” Has an Awkward Problem: The Economy Keeps Refusing to Read the Script
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