Tag Archives: Bureau of Labor Statistics

Jobs and occupations in high demand : 2010-2020 Projections

BLS 2010-2020 Projections: Employment change by occupation

The US Bureau of Labor Statistics (BLS, the Bureau) is the principal fact-finding agency for the Federal Government in the broad field of labor economics and statistics. This BLS survey highlights the forecast on employment changes for different occupations.

Demand for jobs and occupations is affected by industry growth or decline. Many factors, including productivity increases and changes in business practices impact this job growth or decline. Based on BLS survey, these are the latest projections on employments changes for major occupational groups, for the period of 2010 to 2020:

Healthcare occupations: Employment among healthcare occupations is expected to increase by 29 percent. This growth, resulting in a projected 3.5 million new jobs, will be driven by increasing demand for healthcare services. As the number of elderly individuals continues to grow, and as new developments allow for the treatment of more medical conditions, more healthcare professionals will be needed. Within this group, two occupations are expected to add a substantial number of jobs: registered nurses, with some 711,900 new jobs; and home health aides, with roughly 706,300 new jobs. Much of the growth in this pair of occupations will be the result of increased demand for healthcare services as the expanding elderly population requires more care.

Personal care and service occupations: Employment in personal care and service occupations is anticipated to grow by 27 percent over the next decade, adding more than 1.3 million jobs. As consumers become more concerned with health, beauty, and fitness, the number of cosmetic and health spas will rise, causing an increase in demand for workers in this group. The personal care and service group contains a wide variety of occupations; however, two of them—personal care aides and childcare workers—will account for nearly two-thirds of the group’s new jobs. Personal and home care aides will experience increased demand as a growing number of elderly people require assistance with daily tasks. Childcare workers will add jobs as the population of children continues to grow and emphasis is increasingly placed on the importance of early childhood education, resulting in more formal preschool programs. These programs will increase demand for both childcare workers and preschool teachers.

Community and social services occupations: Employment in community and social services occupations is projected to increase by 24 percent, representing roughly 582,300 jobs. As health insurance providers increasingly cover mental and behavioral health treatment, and as of the population of elderly people grows, the elderly will seek more and more social services and demand for these workers will rise.

Computer and information technology occupations: Computer and information technology occupations are projected to grow by 22 percent, adding 758,800 new jobs from 2010 to 2020. Demand for workers in these occupations will be driven by the continuing need for businesses, government agencies, and other organizations to adopt and utilize the latest technologies. Workers in these occupations will be needed to develop software, increase cyber security, and update existing network infrastructure. Continue reading

2010-2020 US Labor Force forecast by race, ethnic groups and by age

2010 to 2020 US Jobs and Employment projections by race, ethnic groups and by age

Just like the US population, the American labor force is growing more slowly, becoming older and more diverse. U.S. Bureau of Labor Statistics (BLS) study outlines the jobs and employment projections by race, ethnic groups and by age.

In these stats, the labor force is composed of all persons 16 years and older in the civilian noninstitutional population who either are employed or are unemployed but available and looking for work.
Here are the key highlights (Click on the charts on the right for bigger legend):

  • The civilian labor force is projected to reach 164.4 million by 2020, an increase of 6.8 percent.
  • The U.S. workforce is projected to become more diverse by 2020.
  • Among racial groups, Whites are expected to make up a decreasing share of the labor force while Blacks, Asians, and all other groups will increase their share (Chart 2).
  • Among ethnic groups, persons of Hispanic origin are projected to increase their share of the labor force from 14.8 percent to 18.6 percent.
  • The Asians are projected to increase their share of the labor force from 4.7 percent to 5.7 percent.

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2010–2020 Projections: US Population and Labor Force

The US Bureau of Labor Statistics (BLS, the Bureau) is the principal fact-finding agency for the Federal Government in the broad field of labor economics and statistics. The latest study on 2010-2020 projections correlates the overall employment with the US population.

  • Shifts in the size and composition of the population can influence the U.S. economy.
  • Several factors, including slower population growth, an aging population, and increasing diversity, are expected to affect the population over the coming decade.
  • The U.S. civilian non-institutional population, including individuals ages 16 and older, is expected to increase by 25.2 million from 2010 to 2020 (Chart 1).
  • For the labor force, the projected growth rate of 10.6 percent is far less compared to last two decades (1990–2000 period and the 2000-10 period).

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2010–2020 USA Employment Projections

The US Bureau of Labor Statistics (BLS, the Bureau) is the principal fact-finding agency for the Federal Government in the broad field of labor economics and statistics. Based on the latest projections on employments and occupations outlook survey for the next 10 years:

  • Total employment is expected to increase by 20.5 million jobs from 2010 to 2020, with 88 percent of detailed occupations projected to experience employment growth.
  • Industries and occupations related to health care, personal care and social assistance, and construction are projected to have the fastest job growth between 2010 and 2020.
  • Jobs requiring a master’s degree are expected to grow the fastest, while those requiring a high school diploma will experience the slowest growth over the 2010–20 time-frame.
  • Slower population growth and a decreasing overall labor force participation rate are expected to lead to slower civilian labor force growth.

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Your pay depends on where you live in USA

U.S. Bureau of Labor Statistics: Comparisons of pay between metropolitan areas in 2009

This should come as a no surprise – your earnings from the same job or occupation can vary significantly, even within the same country. Based on a report from the Bureau of Labor Statistics of the U.S. Department of Labor, your pay depends on where you live and work in America.

The variations are quite noticeable from city to city. For example, the average pay for a civilian workers in the San Jose-San Francisco-Oakland, CA metropolitan area was 20 percent above the national average in 2009.

This National Compensation Survey (NCS) study includes 77 different metropolitan areas. The chart below is a pictorial view of the pay relation for some of the cities across USA. In this survey, the term ‘pay’ includes all the wages, salaries, commissions, and production bonuses.


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Employment Picture for US Families

USA Employment Characteristics of Families Summary, U.S. Bureau of Labor Statistics Release; May 27, 2010

As the country struggles with high unemployment rate, more and more families are impacted by the current economic downturn. Here are some interesting facts from U.S. Bureau of Labor Statistics (US Department of Labor) on family level employment in USA:

  • More and more families have at least one of the family member out of work.
  • The share of families with an unemployed member rose from 7.8 percent in 2008 to 12.0 percent in 2009.
  • The proportion of families with an unemployed member in 2009 was at its highest level since the data tracking began in 1994.
  • Of the nation’s 78.4 million families, 80.4 percent had at least one employed member in 2009, down by 1.8 percentage points from 2008.
  • There were 9.4 million families with at least one unemployed member in 2009, up from 6.1 million in 2008. in 2009.
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Change in US Labor Force by Race and Ethnicity

Source: US Bureau of Labor Stats

Source: US Bureau of Labor Stats

“Making informed career decisions requires reliable information about opportunities in the future. Opportunities result from the relationships between the population, labor force, and the demand for goods and services.”  ~ U.S. Department of Labor, Bureau of Labor Statistics

The U.S. Department of Labor, Bureau of Labor Statistics has a very comprehensive report on jobs and occupations in USA. The report outlines various aspects of job situations and provides projections on the jobs outlook.

The term labor force or work force includes all the people either working or looking for work. Over the next 10 years,  based on the population growth and job outlook, the report also includes the change in the labor force for different races. This chart here has a graphical view of change in labor force by race and ethnic origin comparing 2008  employment to the projection for 2018. Note that there is no separate category for ‘Indian Americans’; in this study, they are part the ‘Asian’ group.

Some of the Highlights of the report are:

  •  The U.S. workforce is expected to become more diverse by 2018.
  • Among racial groups, Whites are expected to make up a decreasing share of the labor force, while Blacks, Asians, and all other groups will increase their share.
  • The Asian work force is expected to rise from 4.7 percent to 5.6 percent, a relative growth of 25 percent over 10 years.
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USA Employment Projections for 2008-2018

The U.S. Bureau of Labor Statistics (BLS) reported on Dec. 10, 2009 that, during the 2008 to 2018 period, the total employment in America is projected to increase by 15.3 million, or 10.1 percent.

These are very interesting projections; and good news at the times when jobs are scarce. Some of the key highlights of the study are:

  • Projections show an aging and more racially and ethnically diverse labor force, and employment growth in service-providing industries. More than half of the new jobs will be in professional and related occupations and service occupations.
  • Occupations where a post-secondary degree or award is usually required are expected to account for one-third of total job openings during the projection period.
  • Job openings from replacement needs–those which occur when workers who retire or otherwise leave their occupations need to be replaced– are projected to be more than double the number of openings due to economic growth.
  • The projected growth for the 2008-18 period is larger than the increase of 10.4 million over the 1998-2008 period, or 7.4 percent.
  • The relatively slow growth rate for the earlier 10-year period was affected by the recession which began in December 2007, and the projected growth rate is higher than would otherwise be expected because the 2008 starting point is a recession year.

This report focuses on four areas for which BLS develops projections–labor force, industry employment, occupational employment, and education and training. Continue reading

Education levels for the fastest growing jobs!

Fastest growing jobs and occupations by the level of education

“Learning is what most adults will do for a living in the 21st century.” ~ Perelman

Education is the foundation for any profession or a career. The skills acquired and the learning experience during education often determine the level of success for any individual. A study by the Bureau of Labor Statistics, a division of US Depart of Labor, lists the fastest growing occupations by the level of education and on the job training: Continue reading