What demand data are included in the OSDS?
The detailed industry and occupational employment estimates and projected employment levels and job openings used in the OSDS come from the national and state Occupational Employment Statistics (OES) and the industry/occupational (I/O) matrix, as developed by the U.S. Bureau of Labor Statistics (BLS) and the affiliated, state Labor Market Information (LMI) Bureaus. Basically, at the national level, the BLS assumes a full-employment economy in the projected year and uses econometric models and survey data to break out the detailed labor requirements by industries and occupations of the projected, full-employment national economy. The national projections of industry and occupational employment are used by state LMI Bureaus as important determinants of the corresponding state industry and occupational employment levels and job openings.
