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 openings—reflecting 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 work—as in the case of private household workers—can 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.