What is the meaning of occupational 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 future occupational outlook?
Employment is projected to increase by 11.9 million jobs from 2020 to 2030. Employment is projected to grow from 153.5 million to 165.4 million jobs from 2020 to 2030.
What is the average job lookout?
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 are the emerging occupations?
Emerging occupations are those whose requisite knowledge, skills, and abilities are not defined by occupations in current occupational coding structures (i.e., Standard Occupational Classification) or career planning guides. Basically, these are new occupations in the workforce: new titles with new skills.
What is the projected job growth for a neurosurgeon?
There are currently an estimated 45,000 neurosurgeons in the United States. The neurosurgeon job market is expected to grow by 14.4% between 2016 and 2026.
What is the employment outlook for 2021?
The report reveals a net employment outlook of 17% for the first quarter of 2021, when seasonally adjusted to remove the influences of recurring events like holidays and school schedules. Though this represents a 3% increase from the fourth quarter of 2020, it’s a 2% decrease from the first.
Is a 2% job outlook good?
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.
What are the hard skills?
Hard skills are teachable and measurable abilities, such as writing, reading, math or ability to use computer programs. By contrast, soft skills are the traits that make you a good employee, such as etiquette, communication and listening, getting along with other people.
What are some emerging new professions that were not there earlier?
Digital Marketing. One of the trending & best career options in India in recent years is Digital Marketing.
What is the purpose of the Occupational Outlook Handbook?
The Occupational Outlook Handbook (OOH) provides information on what workers do; the work environment; education, training, and other qualifications; pay; the job outlook; information on state and area data; similar occupations; and sources of additional information, for 324 occupational profiles, covering about 4 out …
How often is the Occupational Outlook Handbook Revised?
Forhundreds of different types of jobs, the Occupational Outlook Handbook tells youthe training and education needed, earnings, expected job prospects, what workers do on the job, and working conditions. The handbook is revised every two years by the U.S. Department of Labor.
What is the average growth rate for all occupations?
The average growth rate for all occupations is 8 percent. The projected numeric change in employment from 2020 to 2030. Typical level of education that most workers need to enter this occupation. Additional training needed (postemployment) to attain competency in the skills needed in this occupation.
What is the fastest growing occupation in 2020?
Fastest Growing Occupations OCCUPATION GROWTH RATE, 2019-29 2020 MEDIAN PAY Home health and personal care aides 34% $27,080 per year Physical therapist assistants 33% $59,770 per year Medical and health services managers 32% $104,280 per year Physician assistants 31% $115,390 per year