1994–2005 Economic and Employment Projections — 1995-12-01

New projections for the American work force from 1994 to 2005 were released today by the Bureau of Labor Statistics, U.S. Department of Labor, providing information on where future job growth is expected by industry and occupation and what the demographic makeup of the work force pursuing those jobs is likely to be. These projections to 2005 of economic growth, the labor force, and employment by industry and occupation are widely used for studying long-range economic and employment trends, planning education and training programs, and developing career information. BLS develops three alternative sets of projections because of the uncertainty inherent in the future. Changes in the structure of the economy and in the demand for goods and services for a low, a moderate, and a high growth pattern for Gross Domestic Product are included.