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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
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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
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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
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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 [email protected]
www.floridajobs.org/labor-market-informationwww.labormarketinfo.comfred.labormarketinfo.com
www.floridawages.comhttp://www.whatpeopleareasking.com/index.shtm