Lmi Orientation Pyc0311new
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Transcript of Lmi Orientation Pyc0311new
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Intro & Why Are We Here This is a Test Key Basic Questions – Who, What, Where Resources & Examples Test Answers How Did You Do? Keeping a Balanced Perspective Summary Questions
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What jobs are growing? What qualifications do I need for the job? How much does the job pay? How do I know which job is best for me? Which jobs have the most openings? Where are the employers who are hiring? Can I find the job duties for certain
occupations?
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A dynamic and systematic approach to data—designed to meet the changing needs of customers
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Or, to put it more simply …
Basically, it’s any data or analysis that relates to the workforce.
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Customer Driven
Determine Needs
Determine Method of Delivery
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Speaking the Language –
Acronyms and Concepts
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Employed Worked at least one hour for pay
During the week that includes the 12th
Unemployed
No job attachment
Able, available for and actively
seeking work
Can be experienced or a new or re-entrant
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Labor Force 16+ years old Employed + Unemployed
Unemployment rate Unemployed ÷ Labor Force
Expressed as %
Labor Force Participation rate Labor Force ÷ Working Age
Population
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Discouraged Workers
Harder to define and sometimes undercounted
Generally are on long-term layoff with no immediate prospects
Underemployment
Also hard to define and count
Basically can be anyone working below their skill level
Might be underemployed by choice
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The Quarterly Census of
Employment and Wages (QCEW)
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UI quarterly contribution reports
UCFE federal agency employment
Supplementary employer surveys by state LMI offices
Multiple establishment detail (MWR)
Industrial coding (annual refile survey)
Follow-ups triggered by edits
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Employment benchmarks for all BLS federal/state employer survey programs
— CES, OES & OSHA
Critical for Bureau of Economic Analysis Personal income State and national
product
Local planning Only consistent source
of county employment and wages by industry
Analysis requiring universe or detailed data
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The Current Employment
Statistics (CES) Program
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Covered employment from QCEW, supplemented with non-covered adjustments, is used to benchmark levels.
A monthly employer survey is a major part of the program, using a variety of collection methods.
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A primary economic indicator of employment, earnings, and working hours for national, state, and selected areas
Total employment growth used by Federal Reserve
Incorporated in preliminary estimates of National Product and Income
Incorporated into productivity estimates
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And now on to…
The Occupational Employment Statistics
(OES) Program
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OES: An employer survey which produces employment and wage-rate estimates by occupation and industry for states and areas
BLS and ETA originally shared responsibility with the states.
When BLS took total federal responsibility for the program, existing funds were spread over all states.
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Data developed with most current 3 years of data
Surveys conducted twice annually
Employment by occupation tallied for each detailed industry
Staffing ratios developed representing each occupation’s share of industry employment
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Data tallied by wage ranges
Wage-rate averages generated by weighted interpolations
Prior data aged (brought up to date) by other BLS wage survey trends (ECI)
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ETA funded but tied to OES
Composed of adjusted OES staffing ratios applied to industry employment projections
Short-term projections — 2 years out
Long-term projections: 10 years out
Technical assistance available at the following site: dev.projectionscentral.com
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The fourth BLS program is …
The LAUS Program
Which stands for Local Area Unemployment Statistics
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Less erratic trend than direct CPS monthly state
estimates
Cheaper than direct CPS estimates
Predicts annual averages more accurately than
handbook-trended estimates
Note: U.S. data comes directly from the CPS, not from a model.
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Handbook method - used to allocate labor market areas (LMAs) from state estimates
Population-claims method used where possible for estimates of LMA parts
Census-share method used for parts of LMAs when claims are not available
No statistical measures of precision
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Lastly, we come to …
The Mass Layoff Statistics (MLS)
Program
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Began life as PMLPC in 1984 under JTPA Renamed Mass Layoff Statistics in 1989 Intent: To track serious layoffs and
closings by industry• Not very useful for Rapid Response
• Good post-occurrence analytical tool
Many states don’t have enough activity to publish data
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BLS Handbook of MethodsDownload:
www.bls.gov/opub/hom
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Who are the LMI producers in the system?
Public, Private, & Associations
What resources are available?
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Department of Labor Employment & Training Administration Bureau of Labor Statistics
Department of Commerce Census Economic Development Administration
Other Agencies/Federal Entities Congress Joint Economic Committee White House Council of Economic Advisors
Universities and Think Tanks (National Academies, Brookings, Urban Institute, NBER)
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Manpower, Inc. (Survey of Business Hiring)
The Conference Board (help wanted & job bank openings)
Hudson Institute (Workforce 2020)
Media (News, Business Journals, etc.)
EMSI (Customized WIA Labor Market Profiles)
Haver Analytics (Economic Profiles)
Brandt Info Services (Green Job Estimates)
Others (National, State, Regional, & Local Groups)
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Chambers of Commerce
Economic Development
Power & Utility Companies
Banks Manufacturers
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America’s Career One Stop, www.acinet.org/acinet/
O*Net, www.onetcenter.org Occupational Outlook Handbook,
www.bls.gov/oco/ & Occupational Outlook Quarterly, www.bls.gov/opub/ooq/
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Labor Market Information Shops in the States Various National Groups (Be Sure & Review the
Assumptions!) Regional State & Local Groups (Depends on the
Use – Revenue and Tax Projections, Construction & Zoning Issues, Market Development (Store & Mall Location
State Occupational and Industry Projections
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LMI State OES Programs
Salary.com O*Net web site SalaryExpert.com Google.com
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Career Builder College Grad Job
Hunter Monster.com Nation Job Network Job Central.com Indeed.com SnagaJob.com
Craig’s List (Be careful of scams)
Lowcountry Help Wanted.com
Post & Courier (Charleston.net)
WorkSC.org (State Lib.)
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Jibber Jobber Job Hunters Bible Wall Street Journal Online Career Tool The Riley Guide Flowork International Quintessential Careers Yahoo and AOL Hot Jobs
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Google It! Dun & Bradstreet Hoover’s Online Rutgers Library Company Research Guide Vault.com Wetfeet.com Charleston Regional Business Journal
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www.projectionscentral.com: displays projected data for all states
www.dev.projectionscentral.com: technical assistance for producing projections
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Employment Dynamics from BLS: Job gains and losses by area from QCEW
www.bls.gov/bdm Longitudinal Employer-Household Dynamics from Census:
Uses UI and Census data to measure detailed workforce activity by area
LEHD/LED also produces Quarterly Workforce Indicators www.lehd.did.census.gov
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2Workwww.LovetoWork.org
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Job-Hunt.org JobHuntersBible.com The Riley Guide AOL.com & Yahoo.com Employment and
Work JobStar
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Occupational Supply and Demand System – Georgia State University
www.occsupplydemand.org
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Office of Apprenticeship Training, Employer & Labor Services, Department of Labor, www.dol.gov/dol/topic/training/apprenticeship.htm
The Corporation for National & Community Services (Americorps, Senior Corp, etc.)
The Job Corps, Department of Labor, www.jobcorps.gov Peace Corps, www.peacecorps.gov
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Department of Defense, www.defense.gov Military.com TodaysMilitary.com USMilitary.about.com Individual Service Branch web sites
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Interest Location
FamilyAptitude/Skills
WagesJob
AvailabilityReturn on Investment
Barriers (Trans., Addic., Children, etc.)
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Lot of new LMI now available Information Overload Paralysis by Analysis Value added role to interpret data to
make LMI relevant and useful Guidance and available resource – right
data at the right time for enhanced choice
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ANY QUESTIONS?