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| | | | Frequently Asked Questions (FAQs) (Continued) | | | | | | | |
How are Long-term Employment Projections determined?
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Long-term employment projections utilize three sources: the Quarterly Census of Employment and Wages (QCEW) reports, the Current Employment Statistics (CES) Survey, and agriculture employment from the Census of Agriculture.
Industry Projections are produced using the Projections Suite Software. The software allows the analyst to choose from a variety of predefined, generally accepted projection models including linear and multiple regression models and shift-share models for a 10-year projection of employment. Projections are adjusted to reflect significant business employment changes.
Occupational projections are produced by merging industries and occupations together into an industry-occupational matrix. Data from the Bureau of Labor Statistics' Occupational Employment Statistics (OES) survey is utilized for the matrix. The occupational projections are created using the Projections Suite Software.
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