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Labor Market Information Program Overview

Labor Market Information Program Overview. All About Jobs. Labor Market Statistics Center December 2012. Labor Market Information Mission. To Produce, Analyze, and Deliver Labor Statistics to Improve Economic Decision-Making Employment data are the state’s most important economic indicator.

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Labor Market Information Program Overview

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  1. Labor Market Information Program Overview All About Jobs Labor Market Statistics Center December 2012

  2. Labor Market InformationMission To Produce, Analyze, and Deliver Labor Statistics to Improve Economic Decision-Making Employment data are the state’s most important economic indicator

  3. LMI Statistics Produced/ Delivered • Labor Force • Total Employment • Employment by Industry and Occupation • Employment Projections by Industry and Occupation (Demand) • Unemployment / Unemployment Rates • Wage by Industry and Occupation • Census

  4. LMI Facts • Data collected under Federal / State Cooperative Statistical Programs • Data comparable nationwide for all counties and metro areas in the nation • Data meet stringent probability sampling design statistical methods with required response rates of 75 percent • Monthly data released 3 weeks after the reference month

  5. How is LMI Collected? • Sample-Designed Statistical Surveys from employers • Econometric Modeling developed by U.S. Bureau of Labor Statistics • Administrative Records from Reemployment Assistance Thanks to employers …. Without them we would not be able to provide data

  6. 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

  7. Labor Market Statistics Center Programs There are three main activities: data production, data analysis, data delivery • Quarterly Census of Employment and Wages (QCEW)--Produces employment and wages by industry based on all employers covered by Unemployment Insurance • Current Employment Statistics (CES)--Produces employment, hours, and earnings by industry based on a sample of employers • Occupational Employment Statistics (OES)--Produces employment and wages by occupation based on a sample of employers • Employment Projections--Produces projections of employment by industry and occupation based on a survey of employers and statistical models • Local Area Unemployment Statistics (LAUS)--Produces labor force, employment, unemployment, and unemployment rates based on a survey of households and a statistical model • Mass Layoff Statistics (MLS)--Produces mass layoff statistics by industry based on Unemployment Insurance claims and employer contacts • Workforce Information--Provides statistical services such as publications, websites, training, GIS mapping, economic impact analysis, and customized reports by request

  8. Labor Force Conditions October 2012, Seasonally Adjusted Florida’s October unemployment rate is the lowest in over three years The current state unemployment rate is down from the high rates reported in January and February 2010 (11.4 percent) The unemployment rate in the state has been higher than the nation since April 2008 Source: U.S. Department of Labor, Bureau of Labor Statistics, Local Area Unemployment Statistics Program in cooperation with the Florida Department of Economic Opportunity, Labor Market Statistics Center, released November 16, 2012.

  9. Unemployment Rates, Florida and the United States January 1974 – October 2012, Seasonally Adjusted Source: U.S. Department of Labor, Bureau of Labor Statistics, Local Area Unemployment Statistics Program in cooperation with the Florida Department of Economic Opportunity, Labor Market Statistics Center, released November 16, 2012.

  10. Florida Unemployment Rates by County October 2012, Not Seasonally Adjusted Source: U.S. Department of Labor, Bureau of Labor Statistics, Local Area Unemployment Statistics Program in cooperation with the Florida Department of Economic Opportunity, Labor Market Statistics Center, released November 16, 2012.

  11. Unemployment Rates in the Ten Most Populous States Ranked by Unemployment Rate, Seasonally Adjusted Source: U.S. Department of Labor, Bureau of Labor Statistics, Local Area Unemployment Statistics Program in cooperation with the Florida Department of Economic Opportunity, Labor Market Statistics Center, released November 20, 2012.

  12. Nonagricultural Employment Seasonally Adjusted Florida’s jobs grew in October on an annual basis for the 27th consecutive month Florida is still down by 703,300 jobs from the pre-recession peak employment level (March 2007) of 8,074,800 Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 16, 2012. Prepared by: Florida Department of Economic Opportunity, Labor Market Statistics Center.

  13. Professional and Business Services Gained the Most Jobs Over the Year Florida, October 2011 – October 2012, Seasonally Adjusted Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 16, 2012. Prepared by: Florida Department of Economic Opportunity, Labor Market Statistics Center.

  14. Nonagricultural Employment by Industry Florida, October 2012 (Seasonally Adjusted) Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 16, 2012. Prepared by: Florida Department of Economic Opportunity, Labor Market Statistics Center.

  15. Employment by Industry October 2012, Seasonally Adjusted Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, November 16, 2012. Prepared by: Florida Department of Economic Opportunity, Labor Market Statistics Center.

  16. Employment in the Ten Most Populous States Seasonally Adjusted, Ranked by Level Change Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 20, 2012. Prepared by: Florida Department of Economic Opportunity, Labor Market Statistics Center.

  17. Florida Nonagricultural Employment Seasonally Adjusted, 1990-Current Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 16, 2012. Prepared by: Florida Department of Economic Opportunity, Labor Market Statistics Center.

  18. Nonagricultural Employment Change Over the Year by Metro AreaNot Seasonally Adjusted, October 2012 Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 16, 2012. Prepared by: Florida Department of Economic Opportunity, Labor Market Statistics Center.

  19. Wages by IndustryFlorida 2011 Source: Florida Department of Economic Opportunity, Labor Market Statistics Center, Quarterly Census of Employment and Wages Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, released October 2012.

  20. Florida Average Annual Wages Range from $46,437 to $27,108 Source: Florida Department of Economic Opportunity, Labor Market Statistics Center, Quarterly Census of Employment and Wages Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, 2011 Wage Data, released October 2012.

  21. Florida Average Annual Wages Range from $46,437 to $27,108 Source: Florida Department of Economic Opportunity, Labor Market Statistics Center, Quarterly Census of Employment and Wages Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, 2011 Wage Data, released October 2012.

  22. Florida Average Annual Wages Range from $46,437 to $27,108 Source: Florida Department of Economic Opportunity, Labor Market Statistics Center, Quarterly Census of Employment and Wages Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, 2011 Wage Data, released October 2012.

  23. Florida Average Annual Wages Range from $46,437 to $27,108 Source: Florida Department of Economic Opportunity, Labor Market Statistics Center, Quarterly Census of Employment and Wages Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, 2011 Wage Data, released October 2012.

  24. Fastest Growing Industries* Florida, Forecast to 2020 Source: Florida Department of Economic Opportunity, Labor Market Statistics Center. Released October 2012.

  25. Fastest-Growing Occupations*Florida, Forecast to 2020 Source: Florida Department of Economic Opportunity, Labor Market Statistics Center. Released October 2012.

  26. Real-Time LMI Help-Wanted OnLineOccupations In Demand Source: The Conference Board, Help Wanted OnLine. Prepared by: The Florida Department of Economic Opportunity, Labor Market Statistics Center.

  27. Real-Time LMI Help-Wanted OnLineEmployers With the Most Online Ads Source: The Conference Board, Help Wanted OnLine. Prepared by: The Florida Department of Economic Opportunity, Labor Market Statistics Center.

  28. What’s Hot … LMI Products and Services • Labor supply for business recruitment and job creation • Use O*Net for related occupations • Collect: Those currently working, seeking work, recently trained • Enhanced Occupational Supply/Demand Model for education planning and business recruitment • Labor cost analysis for business site selection and job creation, www.floridawages.com

  29. What’s Hot … • Skills-matching analysis for reemployment • O*Net / Job growth • Economic impact analysis for job creation and reemployment • REMI / IMPLAN • GIS mapping for job creation and reemployment • ARC GIS (ESRI) • Vacancy / Hiring Needs surveys for reemployment • Fee for service / Costs based on sample size

  30. What’s Hot … • Targeted jobs for training program design for reemployment • Workforce Estimating Conference • Demand-driven based on state law • Local input • Funding allocations • Localized labor market overviews / presentations for job creation and reemployment • One-Stop LMI training for reemployment

  31. What’s Hot … • Employer / targeted industry analysis for job creation and reemployment • By employer size class • For High tech, Biotech, Photonics, Aerospace, etc. • Longitudinal job creation/destruction • Employer name and address file • Physical local addresses for Homeland Defense

  32. What’s Hot … • Training for career counselors and teachers for career planning and reemployment • Monthly employment press releases for media relations • Census statistics including occupational commuting patterns for job creation • Real-time LMI -- Help Wanted OnLine (HWOL) for jobs in demand • TORQ (Transferable Occupation Relationship Quotient) for skills matching and skills gap analysis

  33. What’s Hot … LMI Electronic Tools • LMS Websitehttp://www.floridajobs.org • FREIDA (Florida Research and Economic Information Database Application)http://www.freida.labormarketinfo.com/ • Floridawages.comhttp://www.floridawages.com • WPAA (What People are Asking) http://www.whatpeopleareasking.com

  34. What’s Hot … LMI Electronic Tools • LED (Local Employment Dynamics)http://www.labordynamics.com • O*Net (Skills Analysis/Related Occupations)http://www.online.onetcenter.org • TORQ (Transferable Occupation Relationship Quotient) http://www.torqlab.com • HWOL (Help Wanted OnLine) Data Series http://www.wantedanalytics.com

  35. What’s Hot … Publications / PostersFor Career Development / Job Search / Business Recruitment/Job Creation/Reemployment • Product Guide • Wage Tables (online only) • Employment Forecasts (online only) • Labor Market Trends (online only) • Occupational Highlights • Occupational Profiles • Career Posters • Wage Conversion Posters • Jobs Online Posters • Career Comic Books / Posters

  36. Labor Market Statistics Center Products and Services That Support Economic Development • Labor supply studies for business recruitment • Labor cost analysis for business site selection • Skills-matching analysis for reemployment • Economic impact analysis for job creation / return on investment • GIS maps for business recruitment / economic development • Vacancy / hiring needs surveys for reemployment • Targeted occupations for reemployment • Targeted industry profiles for job creation • Employer listings for business recruitment • Competitive analysis for prison industry staffing • Competitive analysis for federal rural business loans • Targeted Employment Areas (TEAs) for foreign investor program • Census commuting patterns for job creation

  37. Live and Work in the Region Note: Data are displayed by Census 2010 block groups from block level data. Source: US Department of Commerce, Census Bureau, Local Employer-Household Dynamics (LEHD), 2010 Origin Destination Data-All Jobs. Prepared by: Florida Department of Economic Opportunity, Labor Market Statistics Center, August 2012.

  38. Commuting to the Region Note: Data are displayed by Census 2010 block groups from block level data. Source: US Department of Commerce, Census Bureau, Local Employer-Household Dynamics (LEHD), 2010 Origin Destination Data-All Jobs. Prepared by: Florida Department of Economic Opportunity, Labor Market Statistics Center, August 2012.

  39. Density of Job Seekers in Workforce Region 12 May 1, 2012 – October 31, 2012 Note: Density calculations create a realistic interpretation of values displaying the predicted distribution of the data over a continuous surface. Job seekers include individuals registered in Employ Florida Marketplace (EFM) between 05/01/2012 and 10/31/2012 Prepared by: Florida Department of Economic Opportunity, Labor Market Statistics Center, November 2012.

  40. Potential Employees in Aircraft Manufacturing

  41. Location of Firms in Aviation and Aerospace

  42. Education and Training pay …2011 Annual Average Unemployment Rate(Percent) Median Earnings (Dollars) Doctoral degree Professional degree Master’s degree Bachelor’s degree Associate degree Some college, no degree High-school graduate Some high-school, no diploma Note: Unemployment and earnings for workers 25 and older; earnings for full-time wage and salary workers. 2011 Weekly Median Earnings (multiplied by 52 weeks). Source: Bureau of Labor Statistics, Current Population Survey. March 2012.

  43. Florida Department of Economic Opportunity Labor Market Statistics Center Caldwell Building MSC G-020 107 E. Madison Street Tallahassee, Florida 32399-4111 Phone (850) 245-7257 Rebecca Rust rebecca.rust@deo.myflorida.com http://www.floridajobs.org http://www.freida.labormarketinfo.com http://www.floridawages.com http://www.whatpeopleareasking.com

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