Vermont
Long Term Substate Area Occupational Projections |
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2020 - 2030 |
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Methodology & Technical
Notes |
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Substate
area projections are determined by allocating the long term statewide
industry projections to the three geographic areas of the state; Burlington
NECTA, Southern Balance of State, and Northern Balance of State. The location
of most employment covered by Unemployment Insurance can be identified by
area. Self-employed workers and employment in certain non-covered occupations
are allocated across the areas based on population. |
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Growth
rates for particular occupations vary across areas based on the mix of
industries in which they occur and other factors. Employment changes in
substate areas are based on industry employment projections for the state as
a whole, not on separate industry projections for each area. |
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Employment
projections are estimating the mix of jobs in the future based on trends in
the job market in Vermont and on the overall economy. Speculation regarding
policy changes, localized economic events such as strikes, or large
unexpected events such as hurricanes are not included. Long term projections
assume full employment in the projection year and do not take into account
business cycles. |
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Occupations
included in projections are necessarily only jobs that already exist in
sufficient numbers to be coded and counted. In other words, jobs that do not
yet exist or are just emerging cannot be projected. It is partly through
collecting new job titles and duties from employers for the data used in
projections that new occupations are identified for inclusion. |
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The
results provide a general guide for the direction and relative strength of
occupational demand but are not intended to indicate absolute levels of
employment in an occupation. |
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Projections
are to be used for relative comparisons for occupations, and to help inform
where training for the future workforce should be focused based on trends.
Any past projections become outdated when actual employment catches up with
them or new projections are released, and are no longer an accurate
representation of the workforce. |
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For more information about
the Separations methodology used for calculating job openings, visit: |
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https://www.bls.gov/emp/documentation/separations.htm |
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This
workforce product was funded by a grant awarded by the U.S. Department of
Labor’s Employment and Training Administration. The product was created by
the grantee and does not necessarily reflect the official position of the
U.S. Department of Labor. The Department of Labor makes no guarantees,
warranties, or assurances of any kind, expressed or implied, with respect to
such information, including any information on linked sites and including,
but not limited to, accuracy of the information or its completeness,
timeliness, usefulness, adequacy, or ownership. This product is copyrighted
by the institution that created it. Internal use by an organization and/or
personal use by an individual for non-commercial purposes is permissible. All
other uses require prior authorization of the copyright owner. |
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