Job Growth Trends – What does % Change mean?

Percent change indicates how fast employment is expected to increase or decrease during the specified period. The larger the positive percent change, the faster employment is growing. A large positive percent change is generally an indicator of favorable employment prospects. Likewise, the larger the negative percent change, the faster employment is declining, and the more unfavorable the employment prospects.

Do job growth trends take outsourcing into consideration?

The model used to produce the job and industry data does include outsourcing. The data reflects current outsourcing (in the current employment data) and any expected trends (trends analysis built into the model of estimation). However, the model is limited by the interpretation of the current data and assumptions about trends made at the time the data is produced. Recent economic indicators will not be reflected in this data

What do the job growth trends show?

Job growth trends show the estimated change in total employment over the period 2004-2014 and is relative to the average national growth rate across all jobs.

BLS % change in total
employment from 2004-2014 Job Growth
31+ % FASTER
21-30% FAST
10- 20% MEDIUM
0-10% SLOW
0 and below NO GROWTH

What do the salary percentiles mean?

Salary data provided for occupations is given in an annual salary amount or an hourly wage rate. On the job details page, it is provided at the following percentiles: 10, 25, 50, 75, and 90. The dollar value given at a percentile shows the salary distribution for the job and can be interpreted as follows:
At the 10th percentile, ten percent of workers employed in that occupation earn less and 90 percent earn more than the estimated wage value.
At the 25th percentile, 25 percent of workers employed in that occupation earn less and 75 percent earn more than the estimated wage value.
At the 50 percentile (also referred to as the median), 50 percent of workers employed in that occupation earn less and 50 percent earn more than the estimated wage value.
At the 75th percentile, 75 percent of workers employed in that occupation earn less and 25 percent earn more than the estimated wage value.
At the 90th percentile, 90 percent of workers employed in that occupation earn less and 10 percent earn more than the estimated wage value

What does average salary mean?

Average salary gives you a general idea of earnings you would expect in this profession. It is presented here in annual terms, or in other words, the average earnings in an entire year for a particular profession.
Average salary has been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly mean wage published, the annual salary has been directly calculated from reported survey data.

What is included and excluded in salary estimates?

Salary estimates include base rate, cost-of-living allowances, guaranteed pay, hazardous-duty pay, incentive pay (e.g. commissions and production bonuses), and on-call pay. Salary estimates do not include back pay, jury duty pay, overtime pay, severance pay, shift differentials, nonproduction bonuses, health insurance benefits and tuition reimbursements.

What does ‘-’ mean?

The dash mark indicates where data is currently unavailable. Data collection and quality assurance is ongoing.