Industry Employment Projections

Industry
Area

About Projections - Developing employment projections is a four step process.  We first gather historic industry employment to identify trends.  Using these trends and other factors we then project the industry employment two or ten years into the future.  At the same time we are collecting occupational employment within industries which is referred to as staffing patterns.  Once we have the industry projections and these staffing patterns we obtain the occupational employment projections by applying the staffing patterns to the base and projected year industry employment.  Because we know that occupational employment changes over time and is not static, adjustments are made to the staffing patterns to predict future staffing needs.  We also estimate the number of openings that are expected to occur in each occupation over the projection period.  There are two sources of openings that are estimated - openings due to growth and openings due to replacement needs.