What Is An Employment Outlook Definition?

by | Last updated on January 24, 2024

, , , ,

Job outlook: a statement that conveys the projected rate of growth or decline in employment in an occupation over the next 10 years ; also compares the projected growth rate with that projected for all other occupations; see Growth rate.

What does low job outlook mean?

Job outlooks in the Occupational Outlook Handbook are distinguished based on how much the BLS predicts the occupation will change. The BLS uses the following metrics when displaying job outlook information to consumers: Decline: This means the employment for this occupation is predicted to decline by 1% or more.

What is the meaning of employment outlook?

Job outlook: a statement that conveys the projected rate of growth or decline in employment in an occupation over the next 10 years ; also compares the projected growth rate with that projected for all other occupations; see Growth rate.

What is the employment outlook for chemistry?

Overall employment of chemists and materials scientists is projected to grow 6 percent from 2020 to 2030 , about as fast as the average for all occupations. About 9,100 openings for chemists and materials scientists are projected each year, on average, over the decade.

What jobs will be in demand in 10 years?

  1. Solar Photovoltaic Installers. ...
  2. Wind Turbine Service Technicians. ...
  3. Home Health Aides. ...
  4. Personal Care Aides. ...
  5. Occupational Therapy Assistants. ...
  6. Information Security Analysts. ...
  7. Physician Assistants. ...
  8. Statisticians.

What is a good job growth?

Fields where job growth will see a 9 percent increase or more over the next 10 years are considered to be growing faster than average ⁠— average being between 5 percent and 8 percent . Slow growth is generally between 2 percent and 4 percent.

What will be the most needed jobs in 2025?

  1. Software developers and software quality assurance analysts and testers.
  2. Registered nurses. ...
  3. General and operations managers. ...
  4. Financial managers. ...
  5. Medical and health services managers. ...
  6. Nurse practitioners. ...
  7. Market research analysts and marketing specialists. ...

What are the top two fastest growing jobs for 2020?

  • Wind turbine service technicians. ...
  • Home health and personal care aides. ...
  • Occupational therapy assistants. ...
  • Information security analysts. ...
  • Physician assistants. ...
  • Statisticians. ...
  • Nurse practitioners. ...
  • Speech pathologists.

What job has the highest job outlook?

OCCUPATION GROWTH RATE, 2020-30 2020 MEDIAN PAY Wind turbine service technicians 68% $56,230 per year Ushers, lobby attendants, and ticket takers 62% $25,110 per year Nurse practitioners 52% $111,680 per year Solar photovoltaic installers 52% $46,470 per year

Is chemistry a dying field?

Chemistry is dying . ... If your smart enough to do chemistry, then switch to chemical engineering, you’ll make much more money, be in the same type of field(almost) and its only slightly harder. Federal bureau of labor puts chemists as a profession to grow much slower than average thru 2018, about 3%.

What is the annual salary of a crystallographer?

Based on the latest jobs data nationwide, Crystallographer’s can make an average annual salary of $105,720 , or $51 per hour. On the lower end, they can make $62,030 or $30 per hour, perhaps when just starting out or based on the state you live in.

How much money does a chemist make?

The national average annual wage of a chemist is $83,850 , according to the BLS, which is over $30,000 more than the average annual salary for all occupations, $51,960.

What jobs will never go away?

  • Social Workers. ...
  • Educators. ...
  • Medical Workers. ...
  • Marketing, Design, and Advertising Professionals. ...
  • Data Scientists. ...
  • Dentists. ...
  • Conservation Scientists. ...
  • Cybersecurity Experts.

Which jobs will disappear by 2030?

  • Travel agent. It amazes me that a travel agent is still a job in 2020. ...
  • Taxi drivers. ...
  • Store cashiers. ...
  • Fast food cooks. ...
  • Administrative legal jobs. ...
  • Lawyer. ...
  • HR roles. ...
  • Tradespeople.

What is the happiest job to have?

  1. Teaching assistant. National average salary: $26,243 per year. ...
  2. Ultrasonographer. National average salary: $33,393 per year. ...
  3. Sound engineering technician. ...
  4. Early childhood education teacher. ...
  5. Esthetician. ...
  6. Event planner. ...
  7. Contractor. ...
  8. Heavy equipment operator.

Is job growth good or bad?

Projected growth rates between 2 % and 8% indicate an even slower growth rate. It means job opportunities are on the rise, although the rate of increase is slow. Projected growth rates that are any lower than 2% or show a decline are bad news .

Rachel Ostrander
Author
Rachel Ostrander
Rachel is a career coach and HR consultant with over 5 years of experience working with job seekers and employers. She holds a degree in human resources management and has worked with leading companies such as Google and Amazon. Rachel is passionate about helping people find fulfilling careers and providing practical advice for navigating the job market.