BLS Projections for the US Labor Market for 2010-2020

The Bureau of Labor Statistics (BLS) at the US Department of Labor updates its projections for the US labor market every other year. In February 2012 it released its most recent projections, covering the period 2010-2020. These projections include predictions for employment by industry and by occupation for the terminal year (currently, 2020). The BLS creates these projections by analyzing, in order, six different factors in the labor market: labor force, aggregate economy, final demand (GDP), industry output, industry employment, and employment and openings by occupation. Each of these factors is analyzed using a different procedure or model, but using the results from the previous step (factor) as input information. More details on the development of BLS projections can be found here.

Clich here to access selected projections from the BLS 2010-2020 figures. For complete lists of any of the categories highlighted, see the BLS’ Occupational Outlook Quarterly Online.