May 29, 2003 (The Editor’s Desk is updated each business day.)

Assessing the 1988-2000 employment growth projections

How accurate were the 1988-2000 employment outlooks that appeared in the 1990-91 Occupational Outlook Handbook?

Accuracy of 1988-2000 occupational employment growth descriptor projections, by number of categories
[Chart data—TXT]

The 1990-91 Handbook categorized projected occupational employment change between 1988 and 2000 with the following descriptors:

Growth descriptor Projected employment change
Much faster than average increase 31 percent or more
Faster than average  increase 20 to 30 percent
About as fast as average  increase 11 to 19 percent
More slowly than average  increase 4 to 10 percent
Little or no change  increase or decrease 3 percent or less
Decline  decrease 4 percent or more

Of 338 occupations, 87 had actual employment changes that matched the projected descriptor; another 100 had employment changes that were a single category higher or lower. There were 74 occupations with employment changes that were 2 categories away from the projection; 49 that were 3 categories away, and 16 that were 4 away. There were 12 occupations that had employment changes 5 categories away—occupations projected to grow much faster than average that actually declined, or vice-versa.

These data are from the BLS Employment Projections program, which produces the Occupational Outlook Handbook. More information on the accuracy of employment projections can be found in "The 1988-2000 Employment Projections: How accurate were they?" by Andrew Alpert and Jill Auyer, Occupational Outlook Quarterly, Spring 2003.

Related Articles:

Happy 10th Birthday, TED!

The very first issue of The Editor's Desk (TED) was posted on September 28, 1998. TED was the first online-only publication of the Bureau of Labor Statistics. For 10 years, BLS has been committed to posting a new TED article each business day, for a total of over 2,400 articles so far.

Find out more about the story of TED