December 27, 1999 (The Editor’s Desk is updated each business day.)
Fast-growing industries vs. fast-going industries
The four industries with the highest projected
annual rates of employment change through 2008 are computer and data processing
services, miscellaneous health services, residential care, and management and
public relations services.
[Chart data—TXT]
These fast-growing industries will expand at annual rates well over
2-1/2 times that of overall employment in the 1998-2008 period. The most
rapidly declining industries are expected to be crude petroleum,
natural gas and gas liquids; apparel manufacturing; coal mining; and
non-rubber footwear manufacturing. The projected average annual rates of
decline in these industries all exceed 4 percent.
Projections of the labor force and the industrial and occupational
composition of employment are a product of the Employment
Projections program. Find out more in "Industry
output and employment", by Allison Thomson, Monthly Labor
Of interest
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