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2011 MISSOURI GOVERNORS CONFERENCE ON ECONOMIC DEVELOPMENT-BREAK OUT SESSIONS SEPTEMBER 21, 2011

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Introductions Lindsey Peters Research Analyst III with Workforce Research team (573) 751-3252 Lindsey.peters@ded.mo.gov Meredith Hill Planner II with Economic Research team (573) 751-0288 Meredith.hill@ded.mo.gov

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Agenda 1:15-2:15Labor Market Information Overview 2:15-2:30Short break 2:30-3:30Break-out sessions by targeted audience LMI Uses for Assisting Job Seekers &Workforce Development LMI Uses for Economic & Strategic Development 3:30-3:45Short break 3:45-4:30Wrap-up of events/Q&A

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Why do I have a remote control?? Turning Point software Youll use these remotes to for: Questions & Answers Presentation interaction Feedback for review Aim for the laptop to register your response

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Which of the following best describes your primary work? 1. Workforce Developer 2. Economic Developer 3. Career Counselor 4. Educator 5. Other

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How often do you work with LMI? 1. I work with it frequently 2. I use LMI infrequently 3. I have no experience using LMI

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LMI for Outlook Decision Makers Tour of synthesized LMI portals for: Historic and Current Conditions Labor Force Workforce Cluster-Based Development Skills Gap What strategic planning data would you like explored/discussed today? Or

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LMI for Job Seekers/Workforce Development Tour of MERIC & Non-MERIC LMI data portals for: Occupational Outlooks Projections LEHD Staffing Patterns Skills Analysis O*Net Missouri Career Exploration Tool

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Which of the two breakout sessions will you be attending? 1. LMI for Jobseekers/ Workforce Development 2. LMI for Outlook Decision Makers

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Lets get started

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LABOR MARKET INFORMATION FUNDAMENTALS

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What is LMI? Data Comprehensive data related to employers and respective employees Collected Complied according to standard statistical procedures governed by state and federal regulations Reported Describes current conditions and predicts relations between labor supply and demand

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Common Types of LMI Employment Data Labor Force Data Wage Data Demographics Data Career Planning Data

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Missouris One-Stop LMI Shop www.missourieconomy.org www.missourieconomy.org State LMI Shop Original Research Workforce Economic Business Intelligence & Communication

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How familiar are you with the MERIC website? 1. I use it frequently and am familiar with the site 2. I use MERIC infrequently 3. I do not use the MERIC website

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What can we do with LMI?

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Employment Data is about JOBS; NOT the employees in them! - includes data of actual jobs by place of work. Provides Job Data Regarding: How Many What Type/Industry Paying What Wage Located Where Requiring What Skills/Education Projected to Grow/Decline

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Where to Find Employment Data Quarterly Census of Employment and Wages - QCEW Based on Industry Classifications - NAICS Searchable by Geography and/or Industry Industry Employment Information is inclusive of all Occupations within each Industry. http://www.missourieconomy.org/industry/qcew/ http://www.missourieconomy.org/industry/qcew/ Example Scenario: A telecommunications business is interested in re- locating to Jackson County, it wants to know how competitive the industry is in the area though before investing in the move..

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Labor Employment Household Dynamics-LEHD Based on Industry Classifications NAICS (up to 4-digit) Searchable by Geography and/or Industry Industry Employment information is inclusive of all Occupations within each Industry. Where to FindEmployment Data

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Labor Force Data is about PEOPLE and where they reside, not the jobs they do! Includes data on people by place of residence, regardless of where they work. Provides Data Regarding: The Employed and Unemployed Where Residents Work What Residents Earn Educational Attainment/Skills

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Where to Find Labor Force Data Local Area Unemployment Statistics (LAUS) Monthly Employed and Unemployed MERIC Option State, County, CSA, MSA and City Options

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Quick Find Labor Force Data Regional Demographic Summary Snapshot Summary Population Income Educational Attainment

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Quick Find Labor Force Data Migration Patterns Year to Year County Movements MERIC County Specific Favorable Job Markets Regional Commuting

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Wage Data is closely tied to employment data AND labor force data. Provided Data: Industry Averages Occupational Average Regional Breakouts Demographic Difference

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Where to Find Wage Data Example Question: What is the entry- level hourly wage for a worker employed in the Ozark Region as a public relations manager? Occupational Employment Statistics (OES) Occupational Employment and Wages MERIC Option Search by Region or Occupation Mean, Entry, Experienced and Median Wages http://www.missourieconomy.org/occupations/oeswage/ http://www.missourieconomy.org/occupations/oeswage/

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Demographics Data is about GENERAL POPULATION CHARACTERISTICS related to employment and workers. The data is most widely distributed by the Census Bureau Provided Data in 10 Year Census Counts and Annual Estimates : Age Income Race Households

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Where to Find Demographic Data US Census Finite to state level geographies Complex tables to simple summaries Example Question: What is the number of Missourians (25 and over) that do not have a high school diploma? How many have a Bachelors degree or higher?

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Career Planning Data enables planning for future careers, both long-term & short- term. Provides Data Regarding: Regional and State In-Demand Jobs Training Programs Available Wages for Major Occupations

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Where to Find Career Planning Data O*Net Online Missouri Career Exploration Tool Newly updated! Missouri Occupational Projections Short-term Long-term These tools and websites offer information describing the over 800 occupations, their average wages, education and training requirements, and employment outlook.

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Occupational Information Network (O*Net) Online Assisting all types of job seekers and businesses Jobseekers can narrow career path searches Businesses can utilize for human resources Integrated System with CareerOneStop and Career Centers Toolbox Constantly Updated

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Missouri Career Exploration Tool Missouri-specific employment figures O*Net data Job Openings WorkKeys filters

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State Occupational Projections Bureau of Labor Statistics QCEW NAICS Establishments MERIC 2 and 10-year Supplements non-farm data with self- employed, agriculture, religious organization, and railroad employment

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A veteran has recently re-enter civilian life and is planning to apply to enter school in order to gain additional skills and experience for a new occupation. In order to go to school though, he needs scholarship and funding. The NGCC is assisting him with applications for funding, but we need to know that his chosen occupation will have growth and availability in Missouri once he graduates. Lets use the career planning data tools to see if we can help score his funding for training to be a mechanical engineer. Case Study Career Planning- In Action

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O*Net Online: http://www.onetonline.org/ Missouri Career Exploration Tool: http://apps.oseda.missouri.edu/MOWorkKeys/ http://apps.oseda.missouri.edu/MOWorkKeys/ Missouri Occupational Projections: http://www.missourieconomy.org/occupations/occ_proj.stm http://www.missourieconomy.org/occupations/occ_proj.stm Career Planning Data

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Which of the tools referenced here today have you used in the past? 1. QCEW 2. LEHD 3. LAUS 4. OES 5. Census Factfinder 6. O*Net Online 7. Missouri Career Exploration Tool 8. Occupational Projections

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Which of the tools referenced here today would you like more information about? 1. QCEW 2. LEHD 3. LAUS 4. OES 5. Census Factfinder 6. O*Net Online 7. Missouri Career Exploration Tool 8. Occupational Projections

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LMI Fundamentals Cheat Sheet

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Thank you for your participation!