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EXCERPT

September 1997, Vol. 120, No. 9

Evaluating the 1995 BLS occupational employment projections

Carolyn M. Veneri


The Bureau's occupational employment projections captured the majority of the general occupational trends over the 1984-95 period. Some of the most glaring inaccuracies in the projections for detailed occupations reflect the conservative nature of projected growth rates that was identified in previous evaluations. Although the impact of inaccurate industry employment projections on the occupational employment projections was significant, the projections of the changes in the utilization of occupations by industry resulted in the biggest source of projection error, as in past evaluations.

Major occupation groups. The direction of employment change was projected correctly for all nine of the major occupation groups. The absolute projection error was less than 10 percent for eight out of the nine groups and 11.3 percent for professional specialty occupations, the major occupation group with the largest absolute error. (See table 1.)


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