Data Limitations The projections contained in this publication are estimates based on historical data. It is important not to rely on these projections as the actual employment numbers that will occur in 2019. While every attempt is made to incorporate current and near-future events, such as business closings, corporate layoffs, openings, and not possible to know everything that might happen. Events that may take place after the projection expansions, it’s period or announcements concerning closings, layoffs, openings, and expansions known after projections were completed are not reflected in the forecasts. Also, legislative policy could cause employment to change. Events such as these will likely cause the actual employment numbers to vary significantly from these projections. It is important to look at both net growth and percent growth when looking at projections. Generally, industries or occupations with small employment will have higher growth rates than those with larger employment, but these industries may only add a few employees over the projection period. When examining occupational projections, it is important to look at both replacement and growth openings. Even if an occupation is in decline, it still may have openings to replace workers who leave the profession for various reasons. EXPLANATION OF INDUSTRY PROJECTIONS DATA ARKANSAS-STATEWIDE 2017-2019 2017 2019 NAICS Net Percent NAICS Title Estimated Projected Code Growth Growth Employment Employment Industry code Industry title according to the according to the North American North American Total number of jobs an An estimate of the The projected number of Percent change in the number Industry Industry industry is expected to number of jobs in an jobs expected to be in an of jobs in an industry over the Classification Classification gain or lose over the industry in 2017 industry in 2019 2017 to 2019 period System (NAICS) System (NAICS) 2017 to 2019 period Title and Coding Title and Coding Structure Structure
Data Limitations The projections contained in this publication are estimates based on historical data. It is important not to rely on these projections as the actual employment numbers that will occur in 2019. While every attempt is made to incorporate current and near-future events, such as business closings, corporate layoffs, openings, and expansions, it’s not possible to know everything that might happen. Events that may take place after the projection period or announcements concerning closings, layoffs, openings, and expansions known after projections were completed are not reflected in the forecasts. Also, legislative policy could cause employment to change. Events such as these will likely cause the actual employment numbers to vary significantly from these projections. It is important to look at both net growth and percent growth when looking at projections. Generally, industries or occupations with small employment will have higher growth rates than those with larger employment, but these industries may only add a few employees over the projection period. When examining occupational projections, it is important to look at both replacement and growth openings. Even if an occupation is in decline, it still may have openings to replace workers who leave the profession for various reasons. EXPLANATION OF INDUSTRY PROJECTIONS DATA ARKANSAS-STATEWIDE 2017-2019 NAICS Code NAICS Title 2017 Estimated Employment 2019 Projected Employment Net Growth Percent Growth Industry code according to the North American Industry Classification System (NAICS) Title and Coding Structure Industry title according to the North American Industry Classification System (NAICS) Title and Coding Structure An estimate of the number of jobs in an industry in 2017 The projected number of jobs expected to be in an industry in 2019 Total number of jobs an industry is expected to gain or lose over the 2017 to 2019 period Percent change in the number of jobs in an industry over the 2017 to 2019 period
ST_Proj_State_17_19.docx