Is AI shifting labor demand?

What this chart shows:

This chart shows the five occupations projected to have the largest percentage growth and decline in labor demand from 2024 to 2034, based on U.S. Bureau of Labor Statistics projections.

Why it matters:

AI and automation are reshaping the workforce— streamlining routine tasks while amplifying demand for roles requiring human judgment, creativity, and interpersonal skills.

Early career and administrative positions face the largest displacement risk as AI may handle repetitive tasks more efficiently. However, this technological shift is also driving productivity gains that can create new opportunities, particularly in sectors where AI enhances human expertise rather than replacing.

Healthcare roles demonstrate this balance: nurse practitioners and medical and health services managers are projected to grow by 23% and 40%, respectively. AI is likely to assist with diagnostics and administrative work while human practitioners focus on patient care, complex decision-making, and empathy-driven treatment.

Subscribe to Lincoln Financial's Market Intel Exchange here

Related: AI’s Next Act: The Non-Tech Companies Poised to Benefit Most