Do occupation and industry trend information take outsourcing into consideration?
The model used to produce the occupation and industry trends 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. For more details about his, refer to an article about projections data and models in the Labor Market Review.
