2011 Missouri Governor’s Conference on Economic Development-Break out Sessions September 21, 2011

1. 2011 Missouri Governor’s Conference on Economic Development-Break out SessionsSeptember 21, 2011

2. Introductions

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

4. Why do I have a remote control?? • Turning Point software • You’ll use these “remotes” to for: • Questions & Answers • Presentation interaction • Feedback for review • Aim for the laptop to register your response

5. Which of the following best describes your primary work? • Workforce Developer • Economic Developer • Career Counselor • Educator • Other

6. How often do you work with LMI? • I work with it frequently • I use LMI infrequently • I have no experience using LMI

7. 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

8. 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

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

10. Let’s get started………

11. Labor Market Information Fundamentals

12. What is LMI?

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

14. Missouri’s One-Stop LMI Shop • www.missourieconomy.org • State LMI Shop • Original Research • Workforce • Economic • Business Intelligence &Communication

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

16. What can we do with LMI?

17. 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

18. 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…….. Where to Find – Employment Data • Quarterly Census of Employment and Wages - QCEW • Based on Industry Classifications - NAICS • Searchable byGeography and/orIndustry • Industry EmploymentInformation is inclusive of allOccupations within eachIndustry. • http://www.missourieconomy.org/industry/qcew/

19. Where to Find—Employment Data • 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.

20. 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

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

22. Quick Find – Labor Force Data • Regional Demographic Summary • Snapshot Summary • Population • Income • Educational Attainment

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

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

25. 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/

26. 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

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

28. 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

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

30. 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 Center’s Toolbox • Constantly Updated

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

32. 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

33. Career Planning- In Action Case Study 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. Let’s use the career planning data tools to see if we can help score his funding for training to be a mechanical engineer.

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

35. Which of the tools referenced here today have you used in the past? • QCEW • LEHD • LAUS • OES • Census Factfinder • O*Net Online • Missouri Career Exploration Tool • Occupational Projections

36. Which of the tools referenced here today would you like more information about? • QCEW • LEHD • LAUS • OES • Census Factfinder • O*Net Online • Missouri Career Exploration Tool • Occupational Projections

37. LMI Fundamentals Cheat Sheet

38. Thank you for your participation!