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Industry Outlook

The number of jobs in the utility industry is not expected to increase over the next several years. The U.S. Bureau of Labor Statistics predicts that the number of jobs in the electric power generation, transmission, and distribution industry will lose about 40,800 jobs by 2024, and employment in utilities overall will decline by about 9 percent by then. Although the demand and usage of electricity is expected to increase, the industry is increasing its efficiencies so that any increase in workload related to that usage can be handled by existing employees. There are many workers in the industry, however, who are reaching retirement age. Retirements will account for many openings in the coming years.

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