Labor Market Information101: How to Get the Data You Need for Your

Business

Presented by Michele HolmesJune 25, 2013

Research & PlanningWyoming Department of Workforce Services

http://wyomingLMI.gov

Research & Planninghttp://doe.state.wy.us/LMI/oes.htm

OUR ORGANIZATION:R&P is a separate, exclusively statistical entity.

WHAT WE DO:R&P collects, analyzes, and publishes timely

andaccurate labor market information (LMI)meeting established statistical standards.

OUR CUSTOMERS:LMI makes the labor market more efficient byproviding the public and the public’srepresentatives with the basis forinformed decision making.

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What is LMI?http://www.wyominglmi.gov

• Labor Market information, or LMI, refers to a variety of data associated with the supply and demand for workers. This includes information on the labor force, employers, industries, occupations, wages, and skills … just to name a few!

• Labor force = supply of workers and their characteristics

• Industries = the type of firm for which a person works (health care)

• Occupations = the specific set of tasks performed by an individual (registered nurse)

• Wages = what workers make and what employers can expect to pay

• Skills = education and training requirements for different occupations

Source: milmi.org

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Agenda

•Core LMI: What information is available and why is it important?

•How to find the information you want

•Other R&P Resources

•Questions

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Core LMI

• What is a competitive wage for my industry? – Occupational Employment Statistics (OES)

• How is my local economy doing?– Local Area Unemployment Statistics (LAUS)

• How many are employed in my industry and what do they earn?– Quarterly Census of Employment and Wages (QCEW)

• What’s my risk for Workers’ Compensation Claims?– Census of Fatal Occupational Injuries (CFOI)

Source: milmi.org5

Occupational Employment Statistics (OES)

• What it is: A semi-annual survey of nonfarm establishments, providing annual employment and wage estimations for over 800 occupations. In Wyoming, OES estimates are available at the national, state, and county level.

• Answers: What is the typical wage for an occupation? How much can I expect to earn over the course of my career? How do wages for this occupation vary by region? What occupations are growing? What occupations should we be training jobseekers for?

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Occupational Employment Statistics (OES)http://doe.state.wy.us/LMI/oes.htm

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Occupational Employment Statistics (OES)http://doe.state.wy.us/LMI/oes.htm

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Wyoming Sweetwater County

OccupationOccupation

CodeEstimated

EmploymentMean Wage

Estimated Employment

Mean Wage

Construction & Extraction Occupations

47-0000 33,210 $46,767 4,160 $50,363

First-Line Supervisors/Managers of Construction Trades & Extraction Workers

47-1011 3,220 $65,724 370 $62,602

Carpenters 47-2031 2,530 $41,566 130 $41,277Cement Masons & Concrete Finishers 47-2051 640 $37,361   $29,694Construction Laborers 47-2061 2,640 $31,302 190 $32,355Operating Engineers & Other Construction Equipment Operators

47-2073 5,600 $48,722 460 $47,647

Electricians 47-2111 2,730 $53,152 270 $66,030Painters, Construction & Maintenance 47-2141 660 $35,403   $36,335Plumbers, Pipefitters, & Steamfitters 47-2152 1,070 $46,729 130 $53,227Sheet Metal Workers 47-2211 300 $40,813   $53,121Rotary Drill Operators, Oil & Gas 47-5012 1,610 $55,470   $54,877Service Unit Operators, Oil, Gas, & Mining

47-5013 2640 $47,761 910 $51,854

Continuous Mining Machine Operators 47-5041 100 $60,374 90 $60,577Mine Cutting & Channeling Machine Operators

47-5042 110 $58,167 110 $58,167

Roof Bolters, Mining 47-5061 60 $72,170 60 $72,170Roustabouts, Oil & Gas 47-5071 2280 $41,807   $39,683

Occupational Employment Statistics (OES)http://doe.state.wy.us/LMI/oes.htm

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Occupational Employment Statistics (OES)http://doe.state.wy.us/LMI/oes.htm

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Benefits Survey http://doe.state.wy.us/LMI/benefits.htm

What it is: annual survey of benefits offered by Wyoming employers

Answers: How competitive is my compensation package?

What industries offer the most benefits?

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Benefits in Wyominghttp://doe.state.wy.us/LMI/benefits.htm

Annual benefits publicationSince 1999

Health care, retirement, paid holidays, paid sick leave, etc.By industry, firm size, etc.

Local Area Unemployment Statistics (LAUS)http://doe.state.wy.us/LMI/laus.htm

• Estimates the unemployment rate and a count of the labor force – employed and unemployed – in an area.

• LAUS is a count of persons, not jobs

• Based on where people live

• Answers: How is my local economy doing?

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Local Area Unemployment Statistics www.wyominglmi.gov

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Local Area Unemployment Statistics www.wyominglmi.gov

Local Area Unemployment Statistics (LAUS)http://doe.state.wy.us/LMI/laus.htm

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Quarterly Census of Earnings and Wages (QCEW)

What it is: A quarterly count of employment and wages, reported by employers. The QCEW covers 98% of employment and is available at the national, state, county and MSA level.

•Employers use the QCEW to compare their industry’s wages to other sectors/areas. Jobseekers use the data to identify growing and declining industries.•Source of the QCEW data is the Quarterly Unemployment Insurance Tax File

•Answers: What are the high-paying sectors in my industry? How does the pay in my industry compare to other states?

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Quarterly Census of Employment and Wages (QCEW)

http://doe.state.wy.us/LMI/toc_202.htm

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NAICS* Industry Group Units Jul 12 Aug 12 Sep 12

12Q3 Average Monthly

Employment12Q3 Total

Wages

12Q3 Average Weekly Wage

Construction 23 3,569 22,730 23,707 23,717 23,385 $287,270,139 $945

Construction of Buildings 236 947 3,910 3,936 3,892 3,913 $38,899,970 $765-Residential building construction 2361 723 2,431 2,461 2,382 2,425 20,605,476 654 -Nonresidential building construction 2362 224 1,479 1,475 1,510 1,488 18,294,494 946

Heavy & Civil Engineering Construction 237 497 6,825 7,612 7,927 7,455 $113,976,451 $1,176-Utility system construction 2371 344 4,341 5,084 5,454 4,960 80,983,814 1,256 -Land subdivision 2372 19 120 114 102 112 749,041 514 -Highway, street, & bridge construction 2373 104 2,123 2,143 2,099 2,122 28,552,493 1,035 -Other heavy construction 2379 30 241 271 272 261 3,691,103 1,086

Specialty Trade Contractors 238 2,125 11,995 12,159 11,898 12,017 $134,393,718 $860-Building foundation & exterior contractors 2381 526 2,562 2,573 2,508 2,548 26,060,817 787 -Building equipment contractors 2382 740 4,499 4,517 4,526 4,514 54,306,545 925 -Building finishing contractors 2383 388 1,339 1,352 1,262 1,318 9,940,015 580 -Other specialty trade contractors 2389 471 3,595 3,717 3,602 3,638 44,086,341 932

* North American Industry Classification System.Wyoming Department of Workforce ServicesResearch & PlanningSource: QCEW Report (Second Run: April 2013)Prepared 05/03/2013 Nancy BrennanPreliminary: Subject to Revision.

Wyoming Private Employing Units, Employment, and Wages by NAICS Industry Group - Construction - Third Quarter 2012

Review

• Wages by Occupation = OES

• Wages & Employment = QCEW

• Local Unemployment Statistics = LAUS

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Industry and Occupational Projections

• What they are: short- and long-term estimates of demand by occupation and industry – available at the state, regional, and MSA level.

• Answers: What occupations are in highest demand today? What occupations will grow over the next decade? Will employers have difficulty finding workers in certain

fields? Do I need to raise my compensation to remain competitive? What curriculum should our institutions teach?

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Industry and Occupational Projectionshttp://doe.state.wy.us/LMI/projections.htm

Industry:The type of firm for

which a person works

Occupation:A specific task or set of tasks performed

by an individual

Note: Projections based on historical trend line. Cannot account for certain

factors.

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Industry Projectionshttp://doe.state.wy.us/LMI/projections.htm

Help determine if an industry is projected to contract or

expand over the next decade

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Census of Fatal Occupational Injuries (CFOI)http://doe.state.wy.us/LMI/safety.htm

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Workers’ Compensation Claimshttp://doe.state.wy.us/LMI/safety.htmInitial and

continued claims

Published quarterly (January, April, July, October)

Data used in more complex research and for feature articles

Published by industry

Decadesof data

New Hires Surveyhttp://doe.state.wy.us/LMI/newhires.htm

• What it is: R & P survey, started in 2009

• Mailed quarterly to Wyoming employers • Most recent data is through 2012Q2• Focuses on the job, not the person• New hire is someone who has not worked for that employer

before

Answers: What skills do employers value?

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New Hires Survey: Educationhttp://doe.state.wy.us/LMI/newhires.htm

New Hires Surveyhttp://doe.state.wy.us/LMI/newhires.htm

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New Hires Survey: Turnoverhttp://doe.state.wy.us/LMI/newhires.htm

Table: Employment and Turnover for New Hires in NAICS 484 (Truck Transportation) and 488 (Support Activities for Truck Transportation, Combined Total, 2012

   NAICS 484/488, Truck Transportation,

Support Activities of Truck Transportation

Occupation Title SOC TitleN, New Hires

% of New

Hires in NAICS 484/488

N, Not Working for Employer in Next Quarter (Turnover)

% Turnover

(1 Quarter)Truck Drivers, Heavy and Tractor-Trailer 53-3032 1,888 62.7 472 25.0Laborers & Freight, Stock & Material Movers, Hand 53-7062 157 5.2 24 15.4Office Clerks, General 43-9061 109 3.6 48 44.4Truck Drivers, Light or Delivery Services 53-3033 97 3.2 36 37.5Aircraft Mechanics and Service Technicians 49-3011 61 2.0 36 60.0General and Operations Managers 11-1021 48 1.6 0 0.0Janitors and Cleaners, Except Maids and Housekeepi 37-2011 48 1.6 36 75.0Dispatchers, Except Police, Fire, and Ambulance 43-5032 48 1.6 0 0.0Bus & Truck Mechanics & Diesel Engine Specialists 49-3031 48 1.6 12 25.0Helpers--Installation, Maint., & Repair Workers 49-9098 36 1.2 0 0.0Tank Car, Truck, and Ship Loaders 53-7121 36 1.2 0 0.0Geological and Petroleum Technicians 19-4041 24 0.8 0 0.0Transportation Security Screeners 33-9093 24 0.8 0 0.0Bookkeeping, Accounting, and Auditing Clerks 43-3031 24 0.8 0 0.0Payroll and Timekeeping Clerks 43-3051 24 0.8 0 0.0Plumbers, Pipefitters, and Steamfitters 47-2152 24 0.8 0 0.0Helpers--Extraction Workers 47-5081 24 0.8 0 0.0Tire Repairers and Changers 49-3093 24 0.8 0 0.0Maintenance Workers, Machinery 49-9043 24 0.8 0 0.0Helpers--Production Workers 51-9198 24 0.8 0 0.0

All Other Occupations   218 7.2 24 11.1Total   3,013 100.0 690 22.9

Note: Data based on New Hires Job Skills surveys collected from 2011Q4 to 2012Q3L. Knapp, 4/26/2013, Research & Planning, WYDWS

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Earnings in Wyoming by County, Industry, Age, and Gender, 2000-2012

http://doe.state.wy.us/lmi/earnings_tables/2013/index.html

Earnings in Wyoming by County, Industry, Age, and Gender, 2000-2012

http://doe.state.wy.us/lmi/earnings_tables/2013/index.html

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N %

Average Annual Wage

Average Quarters Worked

GenderFemales 10,558 35.5% $25,503 3.4Males 16,285 54.8% $57,731 3.4Nonresidents 2,891 9.7% $18,080 2.2Total 29,734 100.0% $42,432 3.3

Age Groups19 and Under 1,779 6.0% $5,774 2.620-24 3,019 10.2% $22,252 3.125-34 6,656 22.4% $43,053 3.435-44 5,011 16.9% $53,295 3.545-54 5,134 17.3% $57,413 3.655-64 4,250 14.3% $59,228 3.665 and Older 1,020 3.4% $34,277 3.4Nonresidents 2,865 9.6% $17,162 2.1Total 29,734 100.0% $42,432 3.3

Employment

Sweetwater County at a Glance, 2012

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Custom Research: A Decade Laterhttp://doe.state.wy.us/LMI/w_r_research/A_Decade_Later.pdf

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Custom Research: A Decade Laterhttp://doe.state.wy.us/LMI/w_r_research/A_Decade_Later.pdf

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Custom Research: Monitoring School District Human Resource Cost Pressureshttp://doe.state.wy.us/LMI/education_costs.htm

Wyoming Legislature funded Research & Planning to provide a comparison of employment and wages in public schools in Wyoming and surrounding states.

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Wyoming Labor Force Trendshttp://doe.state.wy.us/LMI/trends.htm

Monthly Features:Local Area Unemployment Statistics (LAUS)

Employment statisticsEconomic indicators

Unemployment Insurance (UI) claims

Quarterly Features:Quarterly Census of Employment & Wages

(QCEW)Wage Records data

Quarterly turnover statisticsWorkers’ Compensation Claims

Sign up for Wyoming Labor Force Trendshttp://doe.state.wy.us/LMI/puborder.htm

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Special Publicationshttp://doe.state.wy.us/LMI/publications.htm

http://doe.state.wy.us/LMI/occasional/occ6.pdf

http://doe.state.wy.us/LMI/

ppaca/aca2012.pdf

http://doe.state.wy.us/

LMI/dir_lic/WY_Licensed_Occs_F

all_2011.pdf

Conclusion

• R&P works to make the Labor Market more efficient by publishing information that allows our customers to make evidence-based decisions.

• Some of our customers include: College of Heath Sciences, University of Wyoming Laramie County Community College National Center for Education Statistics Wyoming Department of Health Department of Education & Department of Labor Grant applicants Local Business & Local Press

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Research & PlanningWyoming Department of Workforce ServicesP.O. Box 2760246 S. Center St. Casper, WY 82601(307) 473-3807

DWS-RESEARCHPLANNING@wyo.govhttp://wyomingLMI.gov

Michele HolmesPublic Relations SpecialistMichele.Holmes@wyo.gov

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