The Office of Occupational Statistics and Employment Projections from the Bureau of Labor Statistics develops information about the national labor market for 10 years in the future. Employment Projections are the foundation of the Bureau of Labor Statistics , which is designed to provide valuable assistance to individuals making decisions about their future work lives. The Employment Projections and the Occupational Outlook Handbook are updated every two years.
By 2022, about one-quarter of all workers are expected to be 55 or older, according to Mitra Toossi, an economist with the Bureau of Labor Statistics Office of Occupational Statistics and Employment Projections. Toossi has written several papers on older workforce projections. These projections are based on two data sets: BLS population projections and BLS workforce participation rates.
Employment Projections - Bureau of Labor Statistics
To determine the nation’s most and least common jobs, 24/7 Wall St. reviewed figures published by the BLS’ Occupational Employment Statistics (OES) on occupational employment and wages for more than 800 professions. These figures reflect data as of May 2013. We also reviewed employment forecasts from the Bureau’s Office of Occupational Statistics and Employment Projections. These projections forecast changes in employment, by occupation, between 2012 and 2022. Finally, we reviewed descriptive information on occupations from the Bureau’s Occupational Outlook Handbook as well as O*NET OnLine. Because OES figures do not account for self-employed workers, occupations were excluded if other industry information indicated OES totals may be incomplete estimates.