Job outlook is a forecast of the change in the number of people employed in a particular occupation over a set period, for example, two years, five years or ten years. Economists at the Bureau of Labor Statistics (BLS), a division of the United States Department of Labor, predict whether—and by how much—the rate of employment will increase or decrease between a base year and a target year.
What Is Job Outlook?
- grow much faster than average (an increase of 14% or more)
- grow faster than average (an increase of between 9% and 13%)
- grow about as fast as average (an increase of between 5% to 8%)
- grow more slowly than average (an increase of between 2% and 4%)
- have little or no change (a decrease or increase of 1% or less)
- decline (a decrease of at least 2%)