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Projected Growth and Number of Job Openings - Projected Growth and Number of Job Openings
- This information comes from the Offi ce of Occupational Statistics and Employment Projections, a program within the Bureau of Labor Statistics that develops information about projected trends in the nation’s labor market for the next ten years. ! e most recent projections available cover the years from 2006 to 2016. ! e projections are based on information about people moving into and out of occupations. ! e BLS uses data from various sources in projecting the growth and number of openings for each job title: Some data comes from the Census Bureau’s Current Population Survey and some comes from an OES survey.
The BLS economists assumed a steady economy unaff ected by a major war, depression, or other upheaval. ! ey also assumed that recessions may occur during the decade covered by these projections, as would be consistent with the pattern of business cycles we have experienced for several decades. However, because their projections cover 10 years, the fi gures for job growth and openings are intended to provide an average of both the good times and the bad times. - The BLS economists assumed a steady economy unaff ected by a major war, depression, or other upheaval. ! ey also assumed that recessions may occur during the decade covered by these projections, as would be consistent with the pattern of business cycles we have experienced for several decades. However, because their projections cover 10 years, the fi gures for job growth and openings are intended to provide an average of both the good times and the bad times.
- Like the earnings fi gures, the fi gures on projected growth and job openings are reported according to the SOC classifi cation. So, again, we had to exclude a few jobs from this book because this information is not available for them. As with earnings, some of the SOC jobs crosswalk to more than one O*NET job. To continue the example we used earlier, the Department of Labor projects growth (17.7%) and openings (134,463) for one SOC occupation called Accountants and Auditors, but in the Part IV job descriptions, we report these fi gures separately for the O*NET occupation Accountants and for the O*NET occupation Auditors.
- However, keep in mind that average fi gures for job openings depend on how BLS defi nes an occupation. For example, consider the college teaching jobs. ! e Offi ce of Occupational Statistics and Employment Projections recognizes one occupation called Teachers, Postsecondary, and projects 237,478 annual job openings for this occupation. As explained earlier in this introduction, we divided this huge occupation into 38 separate occupations, following the practice of O*NET and of the Occupational Employment Statistics program. ! e average number of openings for all occupations changes substantially depending on whether you deal with college teachers as one or 38 occupations. So it follows that, because the way BLS defi nes occupations is somewhat arbitrary, any average fi gure for job openings is also somewhat arbitrary
- Education or Training Required
- One set of lists in Part III organizes jobs on the basis of the amount of education or training that they typically require for entry. In Part IV, each job description includes a statement of the education or training requirements. We base these educational and training requirements on ratings supplied by the Bureau of Labor Statistics.
- You should keep in mind that some people working in these jobs may have credentials that diff er considerably from the level listed here. For example, although a bachelor’s degree is considered the appropriate preparation for Cost Estimators, over one-quarter of these workers have no college background at all. Conversely, although Registered Nurses can begin working after earning an associate degree, over half have a bachelor’s, and in fact career opportunities without the bachelor’s are considerably more limited
- Some workers who have more than the minimum required education for their job have earned a higher degree after being hired, but others entered the job with this educational credential, and the more advanced degree may have given them an advantage over other jobseekers with less education. Some workers with less than the normal minimum requirement may have been hired on the basis of their work experience in a similar job. So don’t assume that the one-line “Education Required” statement in the Part IV job descriptions gives a complete picture of how best to prepare for the job.
- Other Job Characteristics
- Like the fi gures for earnings, some of the other fi gures used to create the lists of jobs in this book are shared by more than one job title. Usually this is the case for occupations that are so small that BLS does not release separate statistics for them. For example, the occupation Sound Engineering Technicians has a total workforce of only about 16,000 workers, so BLS does not report a specifi c fi gure for the percentage of women workers. In this case, we had to use the fi gure that BLS reports for a group of occupations it calls Broadcast and Sound Engineering Technicians and Radio Operators. We relied on this same fi gure for four other jobs: Camera Operators, Television, Video, and Motion Picture; Film and Video Editors; Audio and Video Equipment Technicians; and Broadcast Technicians. You may notice similar fi gure-sharing among related jobs where we list the percentages of workers in specifi c age brackets
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