Workforce Professionals Training Academy

Orlando, Florida

Labor Market Information Tools

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Labor Market InformationMission

To Produce, Analyze, and Deliver Labor Statistics to

Improve Economic Decision-Making

Note: Employment data are the state’s most important economic indicator

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LMI Statistics Produced/ Delivered

• Labor Force• Total Employment• Employment by Industry and Occupation• Employment Projections by Industry and Occupation

(Demand)• Unemployment/ Unemployment Rate• Wage by Industry and Occupation• Census/ Affirmative Action

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LMI Facts

• Data collected under Federal/ State Cooperative Statistical Programs

• Data comparable nationwide for all counties and metro areas

• Data meet stringent probability sampling design statistical methods with required response rates of 75 percent

• Monthly data release dates by county and metro area are 3 weeks after the reference month

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How is LMI Collected?

• Sample-Designed Statistical Surveys from employers

• Econometric Modeling developed by U.S. Bureau of Labor Statistics

• Administrative Records from Unemployment Compensation

Thank you to employers …. Without them we would not be able to provide data

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Who are the Customers of Labor Market Statistics?

Workforce/ Economic Development Decision-Makers

Employers/ Job Seekers

Education/ Welfare Planners

Career Counselors/ Teachers

Economists/ Policy Makers

Elected Officials

Media

LMI TOOLS

Labor Market Information Online Websites and Web Applications

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Websites:Labor Market Statistics (LMS)Occupational Information Network (O*NET)

Web Applications:Florida Research and Economic Data Base (FRED)Florida Occupational Employment and Wages (Florida Wages)What People Are Asking (WPAA)Local Employment Dynamics/Quarterly Work Indicators (LED/QWI)Florida’s Career Information Delivery System (CHOICES)Transferable Occupation Relation Quotient (TORQ)Help Wanted OnLine (HWOL) Data Series

Labor Market Information Online Tools

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• Allows users to view or download Florida’s labor market data and products online in complete report formats.

• LMS Home Page: http://www.floridajobs.org/labor-market-information

Labor Market Statistics (LMS) Website

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• Provides comprehensive information on key attributes and characteristics of workers and occupations.

• O*NET Home Page: http://www.onetcenter.org/

Occupational Information Network (O*NET)

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• Provides comprehensive economic and labor market information based on easy to use customer-defined data queries.

• FRED Home Page: http://fred.labormarketinfo.com/

Florida Research and Economic Database (FRED)

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Florida Research and Economic Database (FRED) cont’d

• FRED – Florida Research and Economic Databasehttp://fred.labormarketinfo.com– Internet-based labor market and economic data base

for analysts, businesses, and jobseekers– Designed to

• View current and historical data– Ability to

• Create, view, export, and print your own tables and profiles by area, industry, or occupation

• Customize your own regions, graphs, maps

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• Provides detailed occupational employment and wage information based on user-defined queries which can than be compared to similar information for other areas, industries or related occupations.

• Florida Wages Home Page: http://www.floridawages.com/

Florida Occupational Employment and Wages (Florida Wages)

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• Provides employers and jobseekers a look at industry and occupational forecasts, current pay levels, occupational profiles, and workforce availability for Florida and the workforce regions based on a defined set of frequently asked questions.

• WPAA Web Page: http://www.whatpeopleareasking.com/index.shtm

What People Are Asking (WPAA)

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What People Are Asking (WPAA)Internet based FAQs – http://www.whatpeopleareasking.com

Businesses / Employers

• What is the size of the labor force in my area?• What types of industries are in my area?• What types of companies are expected to

grow in my area?• What are the hot jobs in my area?• What do jobs pay in my area?• What kind of skills, knowledge, and experience

do jobs require?• How many job seekers are available by

occupation?• Where do I go to hire available workers?

Job Seekers

• What are the hot jobs?• What do hot jobs pay?• What kind of skills, knowledge, and

experience do I need for the hot jobs?• Who trains for the hot jobs?• What companies employ the hot jobs? • What kind of skills, knowledge, and

experience do I need for jobs?• What jobs use my skills?• Where can I find a job?• What jobs are available now?• Where can I find training assistance?

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• Combines LMS employment by industry, unemployment insurance wage records, and Census demographics to create industry demographics, turnover, and commuting patterns.

• LED/QWI Web Page: http://www.labordynamics.com/

Local Employment Dynamics Quarterly Work Indicators (LED/QWI)

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• A software that produces one single convenient measurement that defines "transferability" between occupations based on the abilities, skills, and knowledge from the vast O*NET™ database from the Department of Labor

• TORQ Home Page: http://www.torqworks.com/torq.html/

Transferable Occupation Relationship Quotient (TORQ)

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• Help Wanted OnLineTM from The Conference Board is a measure of real-time labor demand captured through online job ads.

• HWOL Home Page: http://www.wantedanalytics.com/hdd

Help Wanted OnLine (HWOL)

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• Provides career assessment and skills inventory information for adults, students, counselors, and educators.

• CHOICES Home Page: https://access.bridges.com/auth/login.do?market=adult

Florida’s Career Information Delivery System (CHOICES)

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Census Bureau

• American Community Survey

• Local Employment Dynamics (LED)

– On The Map

– Quarterly Workforce Indicators

• American FactFinder

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African-American History Month (February)   The Fourth of July (July 4)

Super BowlAnniversary of Americans With Disabilities Act (July 26)

Valentine's Day (Feb. 14) Back to School (August)

Women's History Month (March) Labor Day

Irish-American Heritage Month (March)/ Grandparents Day

      St. Patrick's Day (March 17) Hispanic Heritage Month (Sept. 15-Oct. 15)

Asian/Pacific American Heritage Month (May) Unmarried and Single Americans Week

Older Americans Month (May) Halloween (Oct. 31)

Cinco de Mayo (May 5)American Indian/Alaska Native Heritage Month (November)

Mother's Day Veterans Day (Nov. 11)

Hurricane Season Begins (June 1) Thanksgiving Day

Father's Day   The Holiday Season (December)

Census BureauFacts for Features

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Census BureauAmerican Community Survey

• Age • Sex • Race • Family And

Relationships• Income And

Benefits

• Health Insurance • Education • Veteran Status• Disabilities • Where You Work • Where You Live

People

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Census BureauAmerican Community Survey

• Economic Fact Sheets

• Specific Industries• Business and

Industry• Top Foreign Trading

Partners

• Exports• Imports• Surplus and Deficit • Government

Businesses and Government

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Census BureauOnTheMap• Web-based mapping and reporting application• Shows where workers are employed and

where they live• Provides companion reports on age, earnings,

industry distributions, as well as information on race, ethnicity, and educational attainment.

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Census BureauOnTheMap

6 Different Analyses: – Area Profile – Area Comparison – Distance/Direction – Destination – Inflow/Outflow – Paired Area

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Census Bureau -- OnTheMap

Live and Work in the RegionWorkforce Region 12

Note: Data are displayed by Census 2000 block groups from block level data.Source: US Department of Commerce, Census Bureau, Longitudinal Employer Household Dynamics (LEHD), 2009 Origin Destination Data-All Jobs.Prepared by: Florida Department of Economic Opportunity, Labor Market Statistics Center, November 2011.

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Commuting to the RegionWorkforce Region 12

Note: Data are displayed by Census 2000 block groups from block level data.Source: US Department of Commerce, Census Bureau, Longitudinal Employer Household Dynamics (LEHD), 2009 Origin Destination Data-All Jobs.Prepared by: Florida Department of Economic Opportunity, Labor Market Statistics Center, November 2011.

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Census BureauQuarterly Workforce Indicators (QWI)• Merges data from existing sources

• Detailed demographics • Detailed geography and state totals • Ownership information - private only or all

ownership categories • NAICS 3- and 4-digit industries • 4-quarter rolling averages • Recent and historical data

New Initiative: Expanded Supply and Demand

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Potential Employees in Aircraft Manufacturing

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Location of Firms in Aviation and Aerospace

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Education and Training pay …

Unemployment Rate(Percent)

Median Earnings (Dollars)

Notes: Unemployment and earnings for workers 25 and older, by educational attainment; earnings for full-time wage and salary workers.

Sources: Unemployment rate, 2008 annual average: U.S. Bureau of Labor Statistics; 2008 Weekly Median Earnings (multiplied by 52 weeks), U. S. Bureau of the Census.

Master’s degree

Bachelor’s degree

Associate degree

Some college, no degree

2.0

1.7

9.0

5.7

5.1

3.7

2.8

2.4

$79,144

$80,860

$22,152

$60,580

$33,540

$38,272

$30,732

$50,856

High-school graduate

Some high-school, no diploma

Professional degree

Doctoral degree

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FloridaDepartment of Economic Opportunity

Labor Market Statistics Center

Caldwell BuildingMSC G-020

107 E. Madison StreetTallahassee, Florida 32399-4111

Phone (850) 245-7227

Warren MayWarren.May@deo.myflorida.com

www.floridajobs.org/labor-market-informationwww.labormarketinfo.comfred.labormarketinfo.com

www.floridawages.comhttp://www.whatpeopleareasking.com/index.shtm