Sector employment implications of alternative energy scenarios

Five energy scenarios selected for use in the Administrator's Annual Report, reflecting assumptions about economic growth and energy supply, give rise to alternative states of the aggregate economy. Shifts in the level and composition of final demand for the economy imply different structures of industrial output with concomitant effects on the level and composition of employment. The implications which the five energy scenarios have for the structure of employment in the US economy for 1985 are examined. The first section discusses the model and simulation procedures used to derive sector employment levels and discusses the limitations of the approach. The second section presents a discussion of the generic relationship between changes in the level and composition of final demand and the effects of such changes on employment. The third section addresses the employment implications of five energy scenarios reported in the Administrator's Annual Report.