Labor Department Releases Short-Term Industry and Occupational Projections

Monday, September 16, 2013 | 03:30 pm

POSITIVE EMPLOYMENT GROWTH EXPECTED AT 1.2 PERCENT


NASHVILLE – The TN Department of Labor & Workforce Development today has released the 2013-2014 Short-Term Industry and Occupational Projections. The projections show the annual employment and industry changes based on short- and long-term trends.


“This information can help Tennesseans distinguish the jobs and industries that will be in demand and others that may be in decline,” said Statistical Analyst Supervisor Martha Wettemann. “The forecast also demonstrates employment in the state that is expected to grow.”


The projections show employment of 3,111,190 for 2014, resulting in an average annual growth rate of 1.2 percent. While there are some economic challenges, the overall industry growth outlook for Tennessee remains positive. The projected positive growth in employment is sustained by a strong outlook in leisure/hospitality with expected annual average growth of 2.1 percent, manufacturing (primary metal and transportation equipment manufacturing) 2.1 percent, and professional/business services 2.0 percent.  Manufacturing sectors (food, grain, bakeries, textile mills, apparel: -2.4 percent) (wood products, paper, printing: -.50 percent) as well as information (publishing, newspapers, broadcasting, cable programming: -.90 percent) are restraining growth in total employment.  Additional industries that are growing are computer systems design and related services, 6 percent and electrical equipment and appliance manufacturing, .70 percent.


This information was calculated by using statistical procedures based on surveys and research done on the national and state level to develop the occupational projections. The department compares the average occupational projections to the number of people being trained in Tennessee in these fields to see if shortages of workers in these occupations are expected. This information was produced from the Quarterly Census of Employment and Wages (QCEW), the Current Employment Statistics (CES) program, which is a monthly survey conducted by the Bureau of Labor Statistics, and the Occupational Employment Statistics (OES) Survey.


The 2013-2014 Short Term Industry and Occupational Projections full report can be viewed online at http://www.tn.gov/labor-wfd/2013-2014-Short-Term-Industry-Occupational-Projects.pdf.


Below are some samples of jobs from the “2013-2014 Short Term Projections.


 


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