Labor Market News

2018-2020 Statewide Industry and Occupational Projections Publication

2018-2020 Statewide Industry and Occupational Projections Publication

The 2018-2020 Arkansas Statewide Short-Term Industry and Occupational Employment Projections publication is now available.  This is an annual publication containing short-term (2 year) industry and occupational employment projections and analyses for the State of Arkansas. It contains information on the growth and decline of industries and occupations in Arkansas. 

This publication is divided into two main parts.  The first part of the publication involves the industry projections.  Industries in this publication are classified by North American Industry Classification System (NAICS) codes.  NAICS was created to bring consistency and comparability to the classification of industries and businesses across the United States, Canada, and Mexico. Several tables and graphs are used to show what is happening at the industry level in Arkansas.  A written narrative highlights projections at the division level, as well as key industries within that division.

The second part of this publication involves occupational projections.  Several tables and graphs are used to show what is happening at the occupational level in Arkansas.  A written narrative highlights projections at the division level, as well as key occupations within that division.  Occupations are classified by Standard Occupational Classification (SOC) codes. 

Information about annual job openings is included in this publication.  Based on new Bureau of Labor Statistics (BLS) methodology, job openings are classified in three categories:  Occupational Exits, Occupational Transfers, and Occupational Growth.  It is important to look at all of these components when looking at specific occupations or occupational groups.

For each occupation, an education/training level is provided.  Educational requirements are determined by the Bureau of Labor Statistics and recognize the educational attainment of most people in a particular occupation.  Each occupation will have three categories:  Education, Work Experience, and Training. 

The need for workers to possess certain skills has become increasingly important in the labor market.  A part of the publication presents the top skills that are in demand, as well as top knowledge domains and generalized work activities.

This publication can be found on the Discover Arkansas website's publication page or click here.


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