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September 1997

Evaluating the 1995 BLS projections: Introduction

Neal H. Rosenthal

This article summarizes the methods that BLS uses to evaluate its projections of the labor force, industry employment, and occupational employment each time a target year is reached. The article outlines causes of inaccuracies in the projections, used by BLS to identify strengths and weaknesses in the procedures followed to prepare the projections. The evaluation measures demonstrate that BLS projections for 1995 captured major trends in the labor force and employment change.

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