Latest Employment Projections from the U.S. Bureau of Labor Statistics

The Bureau of Labor Statistics recently published its employment projections through 2014.

According to the survey published in the Winter 2005-06 Edition of Occupational Outlook Quarterly, the greatest numeric growth in employment will be in the professional and service sectors – with over 11 million additional jobs. Both areas, along with management, business, and financial positions, will experience above average growth (greater than 13%).

The fastest growing occupations in numerical terms will be healthcare practitioners and technical professionals, education training and library professionals, and in computer and mathematical science.

The 10 occupations expected to have the greatest net increase in jobs (in absolute terms) in the highest paying fields that require a Bachelor’s or Graduate Degree include:

• Post-secondary teachers (524,000 jobs)
• General and operations managers (308,000 jobs)
• Elementary school teachers except special education (265,000 jobs)
• Accountants and auditors (264,000 jobs)
• Computer software engineers, applications (222,000 jobs)
• Computer systems analysts (153,000 jobs)
• Secondary school teachers (except vocational and special education) (148,000 jobs)
• Physicians and surgeons (136,000 jobs)
• Networking systems and data communications analysts (126,000 jobs)
• Management Analysts (122,000 jobs)

The 10 occupations requiring a bachelor’s or graduate degree plus experience expected to add the most jobs from between 2005 and 2014 include:

• General and operations managers – 308,000
• Management Analysts – 122,000
• Financial Managers – 78,000
• Computer and information systems managers – 73,000
• Sales managers – 66,000
• Chief Executives – 66,000
• Medical and Health Service managers: 57,000
• Administrative service managers – 45,000
• Marketing managers – 39,000
• Education administrators, postsecondary – 28,000

And finally, the 10 occupations with the greatest projected job losses include:

• Farmers & Ranchers
• Stock clerks and order fillers
• Sewing machine operators
• File clerks
• Order clerks
• Mail clerks and mail machine operators, except postal service
• Computer operators
• Secretaries, except legal, medical, and executive
• Cutting, punching and press machine setters, operators, and tenders
• Telemarketers