Why is it important to look at the projected job growth of a career?
Sarah Garza
Updated on February 28, 2026
Why is it important to know your dream job’s projected growth? Because it gives you valuable insight into how easy it will be for you to get employed in that particular occupation. Say that you already know what career you want to pursue.
Where are some sources of information on jobs and employment trend projections?
The projections are the foundation of the BLS Occupational Outlook Handbook (OOH), one of the nation’s most widely used career information resources. The OOH reflects BLS employment projections for the 2019-29 decade. The updated OOH is available online at .
What does industry projection mean?
Industry employment projections (“projections”) estimate changes within an industry over time. Each employer in California is classified by its primary economic activity using the North American Industry Classification System (NAICS) code and the county where the employer is physically located.
What are the careers occupations that are being predicted as having the best prospects in the future?
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- Software developers and software quality assurance analysts and testers.
- Registered nurses.
- General and operations managers.
- Financial managers.
- Medical and health services managers.
- Nurse practitioners.
- Market research analysts and marketing specialists.
- Management analysts.
What are four important factors to remember before making a career decision?
4 Factors to Consider When Choosing Your Career Path
- Personality. One of the most valuable things to consider is the nature of your personality and the level of satisfaction that you would like to achieve from your work.
- Lifestyle.
- Transferrable Skills.
- A New Path.
What is the fastest growing career area?
Fastest Growing Occupations
| OCCUPATION | GROWTH RATE, 2019-29 | 2020 MEDIAN PAY |
|---|---|---|
| Medical and health services managers | 32% | $104,280 per year |
| Physician assistants | 31% | $115,390 per year |
| Information security analysts | 31% | $103,590 per year |
| Data scientists and mathematical science occupations, all other | 31% | $98,230 per year |
What career area is the largest employer in the world?
Wal-Mart Stores is the world’s largest employer. The retailer operates Walmart, Sam’s Club, and other chains, which together employ some 2.2 million people globally. Of that total, roughly 1.4 million were employed in the U.S. alone at the end of the company’s fiscal year.
What is an occupational projection?
The Occupational Projections Data database displays data on employment, employment change, occupational openings, education, training, and wages for each detailed National Employment Matrix occupation.
What are the trends impacting the future of work?
Expanded data collection. Organizations have increased their passive tracking of employees as their workforce has become remote.
Which is a new trend in the workplace?
There is an increased adoption of communication software like Skype, Slack, and Zoom. Remote work is on an upward trend, and businesses should build agile work structures to support this new trend. Remote work is beneficial to both the employer and employee. 3. Innate liking for flexible work schedules
What are the trends in work in 2021?
In 2021, employers will go even further by working to de-stigmatize mental health by expanding mental health benefits, creating days where they shut the entire company down for a day to offer “a collective mental health day” to build awareness across the workforce about this critical issue. 8.
Where can I find employment projections for 2020?
The 2020 employment projections are based on the forecast and projected total employment growth rates published in the 2020-21 Mid-Year Economic and Fiscal Outlook (MYEFO), November 2020 Labour Force Survey (LFS) data for total employment, and the detailed quarterly LFS data (November 2020) for industry employment data.
