LABOR MARKET INFORMATION (LMI) STATE OF WISCONSIN … Handout.pdf · WORKnet is a web-based LMI...

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LABOR MARKET INFORMATION (LMI) EDUCATOR AND PARENT TOOLKIT WHAT IS LMI? The Wisconsin Department of Workforce Development (DWD) helps youth, job seekers and employers make informed employment decisions through real-Ɵme LMI, including staƟsƟcs, projecƟons and trends on employment, occupaƟons, labor supply and demand, earnings, populaƟon and demographics. Use LMI to help your students: Explore the types of jobs that will be available aŌer graduaƟon IdenƟfy where jobs are located Learn about wages and earning potenƟal Find training opportuniƟes Determine job skill requirements WHAT IS IT? County Proles oer County-level reports on populaƟon, demographics, labor force dynamics, industry employment and wages, local employment projecƟons and personal income. HOW CAN I USE IT? Compare and contrast proles from county-to-county. Research trends in your county, neighboring counƟes and in counƟes throughout the state. WHAT IS IT? County Proles oer County-level reports on populaƟon, demographics, labor force dynamics, industry employment and wages, local employment projecƟons and personal income. HOW CAN I USE IT? Compare and contrast proles from county-to-county. Research trends in your county, neighboring counƟes and in counƟes throughout the state. COUNTY PROFILES WisconsinJobCenter.org/LaborMarketInfo WORKnet WORKnet.Wisconsin.gov WHAT IS IT? WORKnet is a web-based LMI delivery system that provides relevant data for job-seekers, businesses and career exploraƟon. HOW CAN I USE IT? WORKnet provides several data-rich tools to take your student on in-depth journey into the world of LMI. WORKnet is best used for older students and makes a great acƟvity for a math or staƟsƟcs class. dwd.wi.gov dwd wi gov CAREER PATH Training Pays Unemployment rate in 2015 ( % ) Median Annual Earnings in 2015 ( $ ) Earnings and unemployment rates by skills attainment Source: US Census Bureau, 2015 American Community Survey, Pop. 25 to 64 years Source: WI DWD, OES, 2015 WI Average Wages Many paths to reach the top 7.5 4.5 4.2 3.1 1.3 0.9 0.7% 25,000 33,700 35,000 40,000 50,000 60,000 $88,000 DOCTORAL OR PROFESSIONAL DEGREE MASTER’S DEGREE BACHELOR’S DEGREE ASSOCIATE DEGREE SOME COLLEGE, NO DEGREE HIGH SCHOOL DIPLOMA LESS THAN HIGH SCHOOL DIPLOMA All Workers: 3.3% All Workers: $40,000 Below is one example of many career paths across all industries. Career path progression reward workers for gains in skills and knowledge. LICENSED PRACTICAL NURSE $43,140 per year HOME HEALTH AIDE $24,270 per year PERSONAL CARE AIDE $21,390 per year CERTIFIED NURSING ASSISTANT $27,420 per year REGISTERED NURSE $66,440 per year Continued Education Tech College Entry Level Job Tech College or 4-yr University e y y y y y y y y y y y y y y y y y y y y STATE OF WISCONSIN

Transcript of LABOR MARKET INFORMATION (LMI) STATE OF WISCONSIN … Handout.pdf · WORKnet is a web-based LMI...

Page 1: LABOR MARKET INFORMATION (LMI) STATE OF WISCONSIN … Handout.pdf · WORKnet is a web-based LMI delivery system that provides relevant data for job-seekers, businesses and career

LABOR MARKET INFORMATION (LMI) EDUCATOR AND PARENT TOOLKITWHAT IS LMI? The Wisconsin Department of Workforce Development (DWD) helps youth, job seekers and employers make informed employment decisions through real- me LMI, including sta s cs, projec ons and trends on employment, occupa ons, labor supply and demand, earnings, popula on and demographics.

Use LMI to help your students:Explore the types of jobs that will be available a er gradua on Iden fy where jobs are locatedLearn about wages and earning poten al Find training opportuni esDetermine job skill requirements

WHAT IS IT? County Profiles offer County-level reports on popula on, demographics, labor force dynamics, industry employment and wages, local employment projec ons and personal income.

HOW CAN I USE IT? Compare and contrast profiles from county-to-county. Research trends in your county, neighboring coun es and in coun es throughout the state.

WHAT IS IT? County Profiles offer County-level reports on popula on, demographics, labor force dynamics, industry employment and wages, local employment projec ons and personal income.

HOW CAN I USE IT? Compare and contrast profiles from county-to-county. Research trends in your county, neighboring coun es and in coun es throughout the state.

COUNTY PROFILES WisconsinJobCenter.org/LaborMarketInfo

WORKnet WORKnet.Wisconsin.govWHAT IS IT? WORKnet is a web-based LMI delivery system that provides relevant data for job-seekers, businesses and career explora on.

HOW CAN I USE IT? WORKnet provides several data-rich tools to take your student on in-depth journey into the world of LMI. WORKnet is best used for older students and makes a great ac vity for a math or sta s cs class.

dwd.wi.govdwd wi gov

CAREER PATH

Training Pays

Unemployment ratein 2015 ( % )

Median Annual Earningsin 2015 ( $ )

Earnings and unemployment rates by skills attainment

Source: US Census Bureau, 2015 American Community Survey, Pop. 25 to 64 years Source: WI DWD, OES, 2015 WI Average Wages

Many paths to reach the top

7.5

4.5

4.2

3.1

1.3

0.9

0.7%

25,000

33,700

35,000

40,000

50,000

60,000

$88,000DOCTORAL ORPROFESSIONAL DEGREE

MASTER’SDEGREE

BACHELOR’SDEGREE

ASSOCIATEDEGREE

SOME COLLEGE,NO DEGREE

HIGH SCHOOLDIPLOMA

LESS THANHIGH SCHOOL DIPLOMA

All Workers: 3.3% All Workers: $40,000

Below is one example of many career paths across all industries. Career path progression reward workers for gains in skills and knowledge.

LICENSED PRACTICAL NURSE$43,140 per year

HOME HEALTH AIDE$24,270 per year

PERSONAL CARE AIDE$21,390 per year

CERTIFIED NURSING ASSISTANT$27,420 per year

REGISTERED NURSE$66,440 per year

ContinuedEducation

TechCollege

Entry LevelJob

Tech Collegeor 4-yr University

eyyyyyyyyyyyyyyyyyyyyy

STATE OF WISCONSIN

Page 2: LABOR MARKET INFORMATION (LMI) STATE OF WISCONSIN … Handout.pdf · WORKnet is a web-based LMI delivery system that provides relevant data for job-seekers, businesses and career

SKILL EXPLORER SkillExplorer.Wisconsin.gov

MyLMI JobCenterOfWisconsin.com/MyLMI WHAT IS IT? MyLMI is a tool on JobCenterofWisconsin.com that offers a variety of applica ons for job seekers and employers, enabling them to customize desired informa on by selec ng one or more widgets. Widget examples include: Job Openings, Candidates and Unemployment Maps, County Wages, Educa on & Training, County Profiles, Hot Jobs and Job & Industry Projec ons.

HOW CAN I USE IT? MyLMI offers tools that allow your students to explore all aspects of LMI, including data to compare employment trends and job openings by county, and discover educa on and training requirements and resources for specific occupa ons.

WHAT IS IT? MyLMI is a tool on JobCenterofWisconsin.com that offers a variety of applica ons for job seekers and employers, enabling them to customize desired informa on by selec ng one or more widgets. Widget examples include: Job Openings, Candidates and Unemployment Maps, County Wages, Educa on & Training, County Profiles, Hot Jobs and Job & Industry Projec ons.

HOW CAN I USE IT? MyLMI offers tools that allow your students to explore all aspects of LMI, including data to compare employment trends and job openings by county, and discover educa on and training requirements and resources for specific occupa ons.

WHAT IS IT? Skill Explorer is an applica on that provides informa on on jobs that share similar skills for job seekers, employers, educators, and the general public. Users can research opportuni es that match their exis ng skill sets or learn about the skills and training needed for their desired job. Skill Explorer can also help students and job seekers of any age iden fy transferable skills, career pathways and training needs.

HOW CAN I USE IT? Skill Explorer allows students to discover different jobs and skill sets and evaluate how their skills transfer between industries and occupa ons. Use this tool to help your students research the skills and educa on necessary to obtain a summer job, as well as to achieve their dream job.

WHAT IS IT? Skill Explorer is an applica on that provides informa on on jobs that share similar skills for job seekers, employers, educators, and the general public. Users can research opportuni es that match their exis ng skill sets or learn about the skills and training needed for their desired job. Skill Explorer can also help students and job seekers of any age iden fy transferable skills, career pathways and training needs.

HOW CAN I USE IT? Skill Explorer allows students to discover different jobs and skill sets and evaluate how their skills transfer between industries and occupa ons. Use this tool to help your students research the skills and educa on necessary to obtain a summer job, as well as to achieve their dream job.

WHAT IS IT? Hot Jobs data provides projec ons for high growth occupa ons that meet the following criteria:

1) The median salary above the state median; 2) The percentage change must be greater than the state average; and 3) The number of job openings must be greater than the state average.

HOW CAN I USE IT? A er learning about Hot Job occupa ons, your students can use North American Industry Classifica on System (NAICS) codes to learn more about specific jobs within these occupa ons.

WHAT IS IT? Hot Jobs data provides projec ons for high growth occupa ons that meet the following criteria:

1) The median salary above the state median; 2) The percentage change must be greater than the state average; and 3) The number of job openings must be greater than the state average.

HOW CAN I USE IT? A er learning about Hot Job occupa ons, your students can use North American Industry Classifica on System (NAICS) codes to learn more about specific jobs within these occupa ons.

HOT JOBS WisconsinJobCenter.org/LaborMarketInfo

JOB & INDUSTRY PROJECTIONS WisconsinJobCenter.org/LaborMarketInfo WHAT IS IT? Job & Industry Projec ons offer long-term employment projec ons available by industry and occupa on. The projec ons are downloadable in Microso Excel by NAICS code and tle. The tool also highlights the change in employment numbers, including which industries and occupa ons will experience the highest job growth.

HOW CAN I USE IT? Take a deep data dive to compare and contrast industries and occupa ons in Wisconsin as they look today, and how they stack-up in the future.

WHAT IS IT? Job & Industry Projec ons offer long-term employment projec ons available by industry and occupa on. The projec ons are downloadable in Microso Excel by NAICS code and tle. The tool also highlights the change in employment numbers, including which industries and occupa ons will experience the highest job growth.

HOW CAN I USE IT? Take a deep data dive to compare and contrast industries and occupa ons in Wisconsin as they look today, and how they stack-up in the future.

SKILL EXPLORER

skillexplorer.wisconsin.gov

The new Wisconsin job search.

DETI-18198-P (N. 11/2016) Email for comments and ques ons: [email protected]