ERIC ED112166: Occupational Shortages Reporting System, Forecasting pdf

ERIC ED112166: Occupational Shortages Reporting System, Forecasting

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Description of the Book:

The report presents a computer model for forecasting occupational shortages into the near future based on occupational data reported monthly by the Texas Employment Commission for the period January 1970 to July 1975 and on job openings listed in classified want ads from September 1974 to July 1975. The report describes the methodology of the occupational shortages forecasting model and the equations used in the model (least squares method), and describes the features of the computer program with respect to input requirements, computing sequence, and output descriptions. The model predicts occupational shortages by extrapolations of the calculated linear forecasting equations which approximate the nonlinear occupational data. The correlation analysis which shows (1) how well the forecasting line represents the actual data points and (2) the reliability of the prediction is also included. Appendix A of the report (78 pages) presents computer graphical representations of the forecasting model as it applies to 76 technical occupational areas covered in the various departmental course offerings of the James Connally Campus of Texas State Technical Institute.

Appendix B (eight pages) provides the computer program of the forecasting model. (JR

• Creator/s: ERIC
• Date: 1975-07
• Year: 1975
• Book Topics/Themes: ERIC Archive, Computer Programs, Data Analysis, Employment Patterns, Employment Projections, Labor Market, Mathematical Models, Prediction, Predictive Validity, Technical Education, Technical Occupations, Vocational Education

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