Which of the following statements about HR demand forecasting is true?

Group of answer choices

HR demand forecasting is an external labor supply forecast.

HR demand forecasting is an internal labor supply forecast.

HR demand forecast only involves forecasting a specific business's labor needs for some future time.

HR managers do not typically engage in HR demand forecasting because the forecasting process requires an expert in research.

HR demand forecasting uses census figures to calculate labor supply and demand for a particular industry.