If revenues are generated through selling products developed with grant funds, including intellectual property, these revenues are program income.
The product was created by the recipient and does not necessarily reflect the official position of the U. The year projections cover economic growth, employment by industry and occupation, and labor force.
The employment projections are based on the forecasted and projected total employment growth rates published in the Budget, the Labour Force Survey LFS data June for total employment, and the quarterly detailed LFS data May for industry employment data.
Health Care and Social Assistance is projected to make the largest contribution to employment growth increasing by, followed by Construction, Education and Trainingand Professional, Scientific and Technical ServicesThe scope of the survey also excludes some groups of people such as temporary overseas workers and permanent defence force personnel.
The projections are made by combining forecasts from autoregressive integrated moving average ARIMA and exponential smoothing with damped trend ESWDT models, with some adjustments made to take account of research undertaken by the Department of Employment, Skills, Small and Family Business and known future industry developments.
Occupations that typically need postsecondary education for entry are projected to grow faster than average, but occupations that typically need a high school diploma or less will continue to represent more than half of all jobs.