It’s easy to make assumptions about which career paths are most promising or lucrative. But relying on the opinions of family members or persuasive social media posts isn’t always the most accurate way to determine which careers are in demand. Instead, you can make a more informed assessment by checking labor market data from the U.S. Bureau of Labor Statistics (BLS).
Looking at BLS reports and local workforce documents can help you know which career paths have job openings and what you’ll need to land a position. Read on as we unpack the value of reading labor data as you look toward a solid career.
Look at National Job Growth Potential
You can find job forecasts from the BLS that indicate what industry changes will look like over a 10-year timeframe. The BLS Employment Projections program and Occupational Outlook Handbook look at salaries and training needs, as well, for different occupations. And they evaluate economic growth, consumer demand, and the labor force size to arrive at their projections.
When you’re looking for a potential career path, checking BLS data can help you understand which fields are poised to grow and which are stagnant. Review educational or training requirements for intriguing jobs, and research what the work environment in a given profession could look like. Weigh factors like salary, training, and growth potential as you pinpoint career possibilities and aim for interviews.
Don’t Rely on National Data Alone
Yes, you can learn a lot by looking at national job forecasts. But if a growing industry doesn’t have a lot of job openings in your city or region, you might want to look into other opportunities.
State and regional reports can be informative, as well. You might live in an area with a population boom, for instance, meaning construction jobs will be plentiful. On the other hand, more traditional jobs in banking or business may not have many openings.
You may determine that you need to relocate to obtain the type of job you want. Or you may need to reroute your plans to get a job that’s available in your area.
Explore Training Programs
Once you’ve reviewed BLS forecasts and local or state job reports, it’s time to take action. If you need specific skills for jobs in healthcare or the trades, for example, you’ll want to find training programs. Ideally, these programs will be easy to access in person or online, and they can work around your schedule.
If you’re in the Dallas area, for instance, look for a reputable program that meets your needs. Tulsa Welding School has a Dallas campus, making it an ideal match if you want to pursue training in welding, electrical work, or HVAC equipment. You can complete essential training in a matter of weeks or months, so you have the key skills to land a well-paying job.
Turn to Labor Data for Career Insights
While it’s never a bad idea to consult family members or friends for career input, that shouldn’t be your only source of guidance. Turning to BLS reports and local or regional jobs data can help you make a better decision about job prospects in your area. Compare training requirements, salaries, and growth potential.
When you’re smart about job research, you can find a well-matched career with a promising future.
Lynn Martelli is an editor at Readability. She received her MFA in Creative Writing from Antioch University and has worked as an editor for over 10 years. Lynn has edited a wide variety of books, including fiction, non-fiction, memoirs, and more. In her free time, Lynn enjoys reading, writing, and spending time with her family and friends.
