Several different measures are available for examining the industry and occupation relationship. Traditional tools include measuring the share of total occupational employment found in a given industry, as well as the share of total industry employment made up of a specific occupation. For instance, 62 percent of registered nurses were employed in hospitals in May 2012, and registered nurses made up 29 percent of total hospital employment, showing a strong relationship between this industry and occupation.
However, these statistics provide only a partial picture of the relationship between occupation and industry. For example, they don’t offer a convenient way of comparing which occupations are most and least concentrated by industry, nor do they allow for easy identification of industries that use specific occupations intensively. The HHI and industry quotients are additional tools that provide a complementary perspective on the industry and occupation relationship.
Chosen excerpts by Job Market Monitor. Read the whole story at Measuring occupational concentration by industry : Beyond the Numbers : U.S. Bureau of Labor Statistics.
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