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Optimistic job prospects for statisticians

The US Bureau of Labour has released this optimistic statement on job prospects for statisticians:

Employment of statisticians is projected to grow 14 percent from 2010 to 2020, about as fast as the average for all occupations. Growth will result from more widespread use of statistical analysis to make informed decisions. In addition, the large increase in available data from the Internet will open up new areas for analysis.

Government agencies will employ more statisticians to improve the quality of the data available for policy analysis. This occupation will also see growth in research and development in the physical, engineering, and life sciences, where statisticians’ skills in designing tests and assessing results prove highly useful.

Statisticians will continue to be needed in the pharmaceutical industry. As pharmaceutical companies develop new treatments and medical technologies, biostatisticians will be needed to do research and conduct clinical trials. Research and testing are necessary to help companies obtain approval for their products from the Food and Drug Administration.

A large amount of data is generated from Internet searching. Businesses will need statisticians to organize, analyze, and sort through the data for commercial reasons.