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Graduate Outcomes, Labor Supply and the Brain Drain. Mary Findlay Office of Labor Market Information 402-471-9915 mary.findlay@nebraska.gov. Nebraska Percent of Population with a Bachelor's Degree or Higher.
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Graduate Outcomes, Labor Supply and the Brain Drain Mary Findlay Office of Labor Market Information 402-471-9915 mary.findlay@nebraska.gov
Nebraska Percent of Population with a Bachelor's Degree or Higher From 2008 – 2018, nearly ¼ of expected job openings in the state will require a Bachelor’s dergree or higher.
The March Toward #1 According to analysis based on the American Community Survey, in 2009 fewer people with a Bachelor’s or higher were leaving the state and the number coming to the state was relatively high.
Graduate Supply vs. Expected Demand Comparison of 2010 total graduates by degree to expected average annual openings due to growth and replacement 2008 – 2018.
Graduate Outcomes Project • All Community Colleges, All State Colleges and the University of Nebraska-Kearney participating • Partnership with the Coordinating Commission for Postsecondary Education, the Colleges & Dept. of Labor • Information available by field of study and degree • Have industry employment but not occupation • Location information is available • Wages include all wages, even obviously part-time
All Participating Institutions: 2008-2009 Graduates Working in 2010
Geography Matters Metropolitan Community College Employment Western Nebraska Community College Employment
Community College Graduates by Age Employed in Nebraska The highest percentage of graduates earned Associates degrees. Individuals in the 3 oldest age groups were most likely to earn less than one year awards.
Challenge: Matching Education Fields of Study to Occupations to Determine Labor Supply • Some fields of study translate well into occupations • Registered Nursing graduates may work in Registered Nursing • Welding Graduates may work in a Welding occupation • Some fields of study don’t translate well into one specific occupation • Business Administration graduates go into ??? Occupation? • People may work in an occupation different from their major
Occupation & Education Classification • Occupations are classified by the Standard Occupational Classification (SOC) system • Occupational projections are done using the SOC system • Occupational wages are done using the SOC system • Occupation characteristics are classified by the Occupation Network (O*NET) that is based on SOC but adds additional detail • Education is classified using the Classification of Instructional Programs (CIP) system • One CIP field of study may contain several majors
Employing Industry for Graduates 88 Graduates 74 (84%) Working in Nebraska Estimated Average Wage: $33,860 2008-2009 Graduates Working in 2010
Take Away • We are in good shape with our talent pool but could be better • Internships and other programs can provide a bridge between education and businesses making both stronger partners • Labor Market Information has a wealth of resources to assist with employer recruitment and retention • When “good” jobs are available, new graduates will remain in Nebraska
Questions? Need Additional Information? Please Contact me: Mary Findlay Research Analyst 550 S. 16th St, P.O. Box 94600 * Lincoln, NE 68509-4600 *Telephone: 402-471-9915 * Fax: 402-471-9867 mary.findlay@nebraska.gov * www.dol.nebraska.gov