Job Outlook
In planning for the future, it is important to consider
potential job opportunities. This section describes the factors that will
result in growth or decline in the number of jobs. In some cases, this section
mentions the relative number of job openings an occupation is likely to
provide. Occupations which are large and have high turnover rates, such as
food and beverage service occupations, generally provide the most job
openingsreflecting the need to replace workers who transfer to other
occupations or stop working.
Some statements discuss the relationship
between the number of jobseekers and job openings. In some occupations,
there is a rough balance between jobseekers and openings, whereas other
occupations are characterized by shortages or surpluses. Limited training
facilities, salary regulations, or undesirable aspects of the workas in
the case of private household workerscan cause shortages of entrants. On
the other hand, glamorous or potentially high paying occupations, such as
actors or musicians, generally have surpluses of jobseekers. Variation in
job opportunities by industry, size of firm, or geographic location also may
be discussed. Even in crowded fields, job openings do exist. Good students
or well-qualified individuals should not be deterred from undertaking
training or seeking entry.
Susceptibility to layoffs due to imports, slowdowns in
economic activity, technological advancements, or budget cuts are also
addressed in this section. For example, employment of construction craft
workers is sensitive to slowdowns in construction activity, while employment
of government workers is sensitive to budget cuts.
*Source: Bureau of Labor Statistics, U.S. Department of Labor. Used by permission.
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