Understanding the Labor Market

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Understanding Understanding the the Labor Market Labor Market Pam Frugoli, OWI, ETA Jennifer Troke, OWI, ETA

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Understanding the Labor Market. Pam Frugoli, OWI, ETA Jennifer Troke, OWI, ETA. Workforce Information Overview. Identify key industries in your area Growing Significant in the area Identify firms in those industries Identify key occupations employed in those industries - PowerPoint PPT Presentation

Transcript of Understanding the Labor Market

Page 1: Understanding  the  Labor Market

UnderstandingUnderstanding the the Labor MarketLabor Market

Pam Frugoli, OWI, ETAJennifer Troke, OWI, ETA

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Workforce Information OverviewWorkforce Information Overview

1. Identify key industries in your areaa) Growingb) Significant in the area

2. Identify firms in those industries3. Identify key occupations employed in those

industries4. Identify key skills and other

requirements of those occupations and industries

5. Different sequence with some of the same tools if helping individuals with layoff

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Key IndustriesKey Industries

What industries are critical to my area?

In what industries does this area have a relative competitive advantage compared to other areas (location quotient)?

What industries have grown recently in my State (or local area—MSA or county)?

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http://wdr.doleta.gov/directives/attach/workforcedata_guide.doc

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http://www.bls.gov/lau/data.htm

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http://data.bls.gov/pdq/querytool.jsp?survey=sm http://data.bls.gov/pdq/querytool.jsp?survey=sm

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http://data.bls.gov/location_quotient/ControllerServlethttp://data.bls.gov/location_quotient/ControllerServlet

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http://data.bls.gov/location_quotient/ControllerServlet http://data.bls.gov/location_quotient/ControllerServlet

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Industry Location QuotientsIndustry Location QuotientsDouglas Co. CO, Brevard Co. FL, Lancaster Co. PADouglas Co. CO, Brevard Co. FL, Lancaster Co. PA

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Specific Firms in an Industry Specific Firms in an Industry in your Local Areain your Local Area

What firms are in my local area in this critical or growing industry?

Use Employer Locator

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http://www.careerinfonet.org/faq_info.asp?http://www.careerinfonet.org/faq_info.asp?category=120&nodeid=102 category=120&nodeid=102

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http://www.careerinfonet.org/http://www.careerinfonet.org/employerlocator/employerlocator.asp?employerlocator/employerlocator.asp?nodeid=18 nodeid=18

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What occupations and skill sets What occupations and skill sets does a firm in that industry does a firm in that industry typically employ?typically employ?

Occupational Employment Statistics (OES) survey

OES Data Query System

◦Industry staffing pattern

◦Distribution of employment in a specific occupation across industries (what other industries employ these same workers?)

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http://data.bls.gov/oes/http://data.bls.gov/oes/

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http://data.bls.gov/oes/http://data.bls.gov/oes/

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Industry Staffing Pattern (OES)Industry Staffing Pattern (OES)

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Production Occupations in IndustryProduction Occupations in Industry

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What are the Skill Requirements What are the Skill Requirements for those Key Occupations?for those Key Occupations?

Use MyNextMove.gov and O*NET OnLine

Tasks performedTools and Technology usedKnowledgeSkillsAbilities

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www.MyNextMove.govwww.MyNextMove.gov

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www.ONETOnline.orgwww.ONETOnline.orgTools and TechnologyTools and Technology

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In a downsizing or layoff situation - In a downsizing or layoff situation - Can the laid off workers find Can the laid off workers find employment elsewhere?employment elsewhere?1. Are there other employers in this same

industry still hiring?◦ Employer Locator

2. Are there other industries in commuting distance that employ the same types of occupations◦ OES Data Query System: one occupation for

multiple industries3. Can these workers transfer their

occupational skills and work experience to other similar occupations?◦ www.mySkillsmyFuture.org

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What other industries employ What other industries employ workers in this occupation?workers in this occupation?

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Employers in Employers in PlasticsPlastics Mfg. Mfg.

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Transferable Occupational SkillsTransferable Occupational Skills

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