Accuracy in forecasting the demand for labor varies considerably by firm and by industry type: roughly from a 5 to 35 percent error factor.

Name: Accuracy in forecasting the demand for labor varies considerably by firm and by industry type: roughly from a 5 to 35 percent error factor.
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The statement is true, noting that accuracy in forecasting labor demand can vary from firm to firm and industry to industry, with an error factor of roughly 5 to 35 percent.

Accuracy in Forecasting the Demand for Labor Varies Considerably by Firm