Labor Market in Los Angeles County - LAOCRC · Labor Market in Los Angeles County Centers of...
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Labor Market in Los Angeles County Centers of Excellence (COE) for Labor Market Research October 8, 2019
Transcript of Labor Market in Los Angeles County - LAOCRC · Labor Market in Los Angeles County Centers of...
Labor Market in Los Angeles County
Centers of Excellence (COE) for Labor Market Research
October 8, 2019
Assessing labormarket needs
About the Centers of Excellence (COE)
Investing in new and relevant programs
Reviewing existing programs Pursuing grants
California Community Colleges need to ensure that CTE curriculum produces workers with the skills relevant to the regional and statewide economies.
The COE provide quality labor market data and information to help colleges respond to workforce needs.
Colleges use the data for:
Increasing need forpostsecondary education & training
California needs close to one million more associate degrees, certificates, or industry-valued credentials by 2025.
In the 1970s In 1992 By 2020
Source: Georgetown University Center on Education and the Workforce
Percentage of Jobs Requiring More than a High School Diploma
Today’s Conversation→ What is Labor Market Information (LMI)?→ Priority industry sectors→ Jobs outlook→ Resources→ Q&A
What is Labor Market Information (LMI)?
• location• occupation and industry• earnings• unemployment• demographics of the labor force• supply and demand
…data about employment
LMI Questions
• Which occupations are most in demand in Los Angeles County?
• Is demand for relevant occupations increasing or decreasing?
• What is the education requirement for the occupations students are interested in?
• What are expected earnings for an occupation?
• What skills should students be learning to be qualified on the labor market?
Today’s Conversation→ What is Labor Market Information (LMI)?→ Priority industry sectors→ Jobs outlook→ Resources→ Q&A
• Advanced Manufacturing• Advanced Transportation and Logistics• Business and Entrepreneurship• Energy, Construction and Utilities• Global Trade• Health• ICT/Digital Media• Life Sciences and Biotechnology• Retail, Hospitality, and Tourism
Priority Sectors in LA County*
*Based on 2017 Los Angeles Regional Plan
Today’s Conversation→ What is Labor Market Information (LMI)?→ Priority industry sectors→ Jobs outlook→ Resources→ Q&A
Los Angeles County & California LMI• 26% of ALL jobs in the state are in Los Angeles
County
• Approximately 25% of annual job openings in LA County are “middle-skill”
Region 2018 Jobs 2023 Jobs5-Year Change
5-Year % Change
Annual Openings*
Los Angeles County
5,127,819 5,334,961 207,142 4% 631,996
California 19,642,416 20,873,992 1,231,576 6% 2,505,267
Source: Emsi, 2019
*Annual openings= new jobs + replacements (retirements)
Current jobs and future need83,279
58,401
49,258
19,786 18,82915,392 15,056
12,740
6,039 6,405 4,8321,895 1,595 1,444 1,830 1,597
Registered Nurses Bookkeeping,Accounting, andAuditing Clerks
Supv. of Office andAdmin. Support
Workers
Licensed VocationalNurses
Computer UserSupport Specialists
Graphic Designers Electricians Paralegals andLegal Assistants
2018 Jobs
Annual Openings
Source: Emsi, 2019
Entry-level earnings
$17.10
$17.14
$17.87
$21.22
$21.29
$21.84
$22.22
$38.85
Bookkeeping, Accounting, and Auditing Clerks
Graphic Designers
Paralegals and Legal Assistants
Computer User Support Specialists
Licensed Vocational Nurses
Electricians
Supv. of Office and Admin. Support Workers
Registered Nurses
Source: Emsi, 2019
Today’s Conversation→ What is Labor Market Information (LMI)?→ Priority industry sectors→ Jobs outlook→ Resources→ Q&A
Today’s Conversation→ What is Labor Market Information (LMI)?→ Priority industry sectors→ Jobs outlook→ Resources→ Q&A
Juan Madrigal, Interim DirectorCenters of Excellence for Labor Market Research
Los Angeles/Orange [email protected]
909.274.5409www.coeccc.net
Thank You!
