March 24, 2004 (The Editor’s Desk is updated each business day.)

Fastest growing industries

Computer-related industries are expected to continue their rapid employment growth and constitute 3 of the 5 industries that are projected to grow fastest between 2002 and 2012.

[Chart data—TXT]

Software publishers are projected to experience an increase of 68 percent in wage-and-salary employment over the 2002-12 period. Employment in internet service providers and Web search portals is projected to increase by 64 percent; and computer systems design and related services employment is projected to increase by 55 percent. 

All of the industries shown in the chart have projected growth rates of 50 percent or more; in comparison, the average projected growth rate for all industries is 16 percent.

These data come from the Employment Projections program. For additional employment projections information, see Industry Employment in Occupational Outlook Quarterly, Winter 2003-04. BLS develops employment projections for 184 specific industries and several industry groupings. Industry classifications are based, with a few adjustments, on the 2002 North American Industry Classification System, which replaces the Standard Industrial Classification system.  

 

Related TED articles: 

• Projected employment in high-paying occupations requiring a bachelor’s or graduate degree
• Projected employment in high-paying occupations requiring less than a bachelor’s degree