Career Help from the U.S. Department of
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.
Population ultimately limits the size of
the labor force—individuals working or looking for work—which
constrains how much can be produced. Demand for various goods and
services determines employment in the industries providing them.
Occupational employment opportunities, in turn, result from demand for
skills needed within specific industries. Opportunities for medical
assistants and other healthcare occupations, for example, have surged in
response to rapid growth in demand for health services.
Examining the past and projecting changes
in these relationships is the foundation of the Occupational Outlook
Program. This chapter presents highlights of Bureau of Labor Statistics
projections of the labor force and occupational and industry employment
that can help guide your career plans.
The long-term shift from goods-producing
to service-providing employment is expected to continue.
Service-providing industries are expected to account for approximately
18.7 million of the 18.9 million new wage and salary jobs generated over
the 2004-14 period
Education and health services.
This industry supersector is projected to grow faster, 30.6 percent, and
add more jobs than any other industry supersector. About 3 out of every
10 new jobs created in the U.S. economy will be in either the healthcare
and social assistance or private educational services sectors.............................
read the rest of this career help article, click on this link: http://www.bls.gov/oco/oco2003.htm