August 31, 2005
Employment in high-tech industries increased 7.5 percent over the 1992-2002 period, compared with 19.7 percent for the economy as a whole. Projections for 2002-12 show high-tech continuing to grow more slowly than employment overall—11.4 percent compared with 16.5 percent.
During the period 1992-2002, high-tech industry employment declined from 12.2 percent to 11 percent of the total. By 2012, high-tech industries are projected to add 1.6 million jobs and account for 10.5 percent of total employment. Most of the projected growth is in eight service-providing industries, including five computer and related industries.
In this analysis, an industry is considered high tech if employment in technology-oriented occupations accounted for a proportion of that industry’s total employment that was at least twice the 4.9-percent average for all industries.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, High-technology employment on the Internet at http://www.bls.gov/opub/ted/2005/aug/wk5/art03.htm (visited April 19, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.