This report presents projections on areas of potential teacher shortage and oversupply in the next 10 years in North Carolina. The report is organized into five chapters. Following the introduction, chapter two presents data on past and projected levels of teacher demand. Chapter three presents data on past and projected levels of teacher supply from teacher education programs and from the reserve of certified teachers who are not presently employed by a North Carolina public school. Chapter four compares the independent projections of supply and demand and identifies teaching fields which are likely to experience shortages in the coming five years. The fifth chapter presents data on the changing composition of the teacher work force according to race, gender, age, degree level, and source of training. The final chapter offers conclusions and recommendations. The first appendix describes the certification areas which would allow a teacher to be counted as "in-field" for any given teaching assignment. Appendix B describes correspondence between PPAR (Professional Personnel Activity Report) teaching areas and CPC (Candidates for Public Certification) first choice certifications. (JD)