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Dawn Rosenberg McKay

What You Can Learn from Labor Market Info

By , About.com Guide   January 17, 2012

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I recently read that architecture is the worst career to choose these days, thanks to the housing bust. The truth is if I were graduating with a degree in architecture right now, I'd be worried about finding a job. Would I be worried about ever finding a job? No, not really. While I don't question the architects that report they are struggling, I don't think this is a dead or dying profession, just one that was hit particularly hard in recent years. Those who choose to stay in the field will eventually find employment. Looking at labor market information can help you figure out whether a career is doomed or whether it is just suffering temporarily.

The US Bureau of Labor Statistics (BLS) makes projections about hundreds of occupations for ten years into the future. According to the agency's website, the projections "are based on analysis of long-term structural changes to the economy, not short-term business cycle fluctuations" (Employment Predictions: Frequently Asked Questions). According to the BLS, architecture is still a healthy occupation with faster than average job growth predicted through 2018. Learn about the occupations you are considering and how they will fare in the future.

More: How to Use Labor Market Information to Explore Careers

Image Copyright Walter B. McKenzie / Getty Images

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