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What Industries Are Hiring?. Rachel Vilsack Regional Labor Market Analyst. How to Use Labor Market Information in Your Job Search. Rachel Vilsack Regional Labor Market Analyst. Labor market information (LMI).
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What Industries Are Hiring? Rachel Vilsack Regional Labor Market Analyst
How to Use Labor Market Information in Your Job Search Rachel Vilsack Regional Labor Market Analyst
Labor market information (LMI) • Each state produces employment and economic statistics in cooperation with the U.S. Department of Labor’s Bureau of Labor Statistics. • LMI includes employment statistics, unemployment rates, wages and salaries, job projections and more. • LMI is the foundation for informed, market-responsive planning.
What is labor market information? Labor market information is any information about people, work and the job market: • Geographic area – where people work • Industry or business – who people work for • Occupation – what people do • Wages – how much they earn
Better industry prospects right now in the Twin Cities • Leisure and Hospitality • Professional and Business Services: management of companies, employment services • Health Care: hospitals, nursing and residential care facilities, social assistance • Financial Services: insurance carriers • Manufacturing: fabricated metal productsmfg., food mfg. Source: MN Dept of Employment & Economic Development
Occupations with the most openings in the Twin Cities • Delivery truck drivers • Personal financial advisors • Cashiers • Executive secretaries and administrative assistants • Freight, stock and material movers • Elementary school teachers • Sales representatives – services • Advertising sales agents • Computer software engineers • Receptionists and information clerks • Retail salespersons • Home health aides • Combined food prep and serving workers • Accountants and auditors • Registered nurses • Customer service representatives • Nursing aides • Computer systems analysts • Office clerks • Waiters and waitresses Source: MN Dept of Employment & Economic Development
Three LMI resources you should know about • Occupations in Demand – Currently available career opportunities in a region determined by local labor market data • Job Skills Transfer Assessment Tool (JobSTAT) – See where your skills transfer to other occupations • Minnesota Salary Survey – Current regional wage rates paid to workers in 800 different occupations
Occupations in demand • Occupations in Demand (OID) lists current career opportunities in a region as determined by regularly updated local labor market data. • The OID list for a region is the group of occupations that rank highest on a Current Demand Indicator, which measures short-term demand for jobs locally. • OID lists are updated twice a year for 13 regions of the state. www.positivelyminnesota.com/OID
Job Skills Transfer Assessment Tool (JobSTAT) • On-line data tool created to help job seekers explore occupations that are a good match to their previous work experience. • JobSTAT identifies where gaps exist, offers a career profile, training information, and provides links to job postings on MinnesotaWorks. www.positivelyminnesota.com/JobSTAT
MinnesotaWorks.net • Minnesota’s free, on-line job bank • Create and upload up to 5 resumes • Match your resume to current openings • Employers search for job candidates here too, so make sure your objective is clear
Minnesota salary survey • On-line data tool created to help job seekers and employers explore current employment and regional wage rates by occupation. • Wage statistics are updated quarterly, and include average wages and wage distributions for 10th, 25th, 50th, 75th, and 90th percentiles for about 800 nationally-defined job titles. www.positivelyminnesota.com/OES
Today’s industry breakout sessions • Administrative services • Government • Self-management careers • Entrepreneurship • Small business owner • Consultant • Temporary work • Independent contractor • Portfolio careers
Administrative services careers • Over the next year, administrative services is projected to be the fastest growing sector of Minnesota’s economy. • Regional occupations in demand • Office clerks • Executive secretaries and administrative assistants • Loan interviewers and clerks • Insurance claims and policy processing clerks • Receptionist and information clerks • Legal secretaries • New account clerks
Government careers • Career websites for government jobs: • Federal www.usajobs.gov • State www.careers.state.mn.us • County www.mncounties.org • City www.lmc.org • Nonprofit jobs – www.mncn.org
Self-managed careers • 300,000+ self employed persons in Minnesota • One-third of Minnesota’s business have 1 to 4 employees • DEED publishes A Guide to Starting a Business in Minnesota that is available free of charge. Copies available on-line at: www.PositivelyMinnesota.com/business • Small Business Assistance Office – www.mnsbao.com • Small Business Development Center – www.mnsbdc.com
What is a green job? • According to the U.S. Dept of Labor: “The green economy encompasses the economic activity related to reducing the use of fossil fuels, decreasing pollution and greenhouse gas emissions, increasing the efficiency of energy usage, recycling materials, and developing and adopting renewable sources of energy.” • Minnesota is estimated to have 52,827 green jobs in four sectors: business who produce renewable energy, produce green products, offer green services, or are involved in environmental conservation. • Green jobs span many industry sectors, including utilities, construction, manufacturing, professional services, and government.
Find green careers and jobs • DEED – www.PositivelyMinnesota.com • Select the “Job Seekers” link and “Discover Green Jobs” • O*Net – www.onetcenter.org/green • Use the search option to view job description, related titles, list of occupation tasks, tools and technology, skills, and state labor market stats • iSEEK – www.iseek.org • Select the “Plan Your Education” link • Search programs, courses, or short-term training opportunities • Search using keywords, like green, renewable energy, wind, biofuels…or whatever career field interests you
Why target companies or industries? • Identify the hidden job market – a majority of jobs are found through networking • Find top companies in your industry • Identify top companies for your profession • Conduct an informational interview to learn more about an industry • Narrow the possibilities
Tips for researching businesses and industries • Explore the business web site • Use business directories to find background information on firms • Access business rankings to learn about businesses or top firms in an industry • Find articles about a business or industry • Search for business listings on networking sites
1. Explore business website • Search for company information on “About Us” pages • Look for organizational charts or company directories to find individual/employee contacts • Look for links to corporate sites or investor information • More information likely to be available for larger companies on their websites • Information for smaller companies may require additional research or networking
2. Business and industry directories • Online directories • ReferenceUSA • Career One Stop Employer Locator • Many print directories available at the library, such as: • Fact Book: The Directory of Business in Minnesota • Harris Minnesota Directory of Manufacturers • Minneapolis-St. Paul Business Journal Book of Lists • Minnesota Manufacturers Register
3. Access business rankings • Twin Cities Business B.I.G. Book (Directory of Business) – www.tcbmag.com/factfinder/bigbook/index.aspx • Minneapolis-St. Paul Business Journal – www.bizjournals.com/twincities • “Book of Lists” print edition • Check your local library
4. Find articles on business or industry • Many databases available through the local library: • NewsBank • Proquest Newspapers – Regional Business News • Google News Alerts – www.google.com/alerts • Follow a topic or industry • Follow a business
Google news alerts • Enter a topic to monitor – News – Company – Industry • Select criteria • View sample results • Set up alert www.google.com/alerts
Google news alert example Green jobs, green industry, renewable energy, sustainability Hallmark Business Connections
5. Search for business listing on social networking sites • LinkedIn – www.linkedin.com • Search for jobs, find employers, join groups, and more • Facebook – www.facebook.com • “Like” companies, organizations, join groups, and more • Twitter – http://twitter.com • Follow companies, industry leaders, news sources, and more
Career Connection • Bi-monthly newsletter of the Metro WorkForce Centers • Career planning and development series • Networking tips • Informative articles • Available at your local WorkForce Center or on-line http://tinyurl.com/CareerConnection
Networking • Professional organizations • Comprehensive listing of Minnesota business and professional associations from the James J. Hill Reference Library www.jjhill.org/resources/guides/Associations2008.pdf • ASAE Gateway to Associations Directory www.asaecenter.org/Directories/AssociationSearch.cfm • Job clubs and networking groups • List of regional groups maintained by the WorkForce Center System www.positivelyminnesota.com/hennepinsouth • Meet-Up Groups www.meetup.com
Online resources for career and skills identification • I*SEEK – www.iseek.org • Career OneStop –www.CareerOneStop.org • O*Net – http://online.onetcenter.org • Occupational Outlook Handbook – www.bls.gov/oco
Minnesota-produced Labor Market Information is online at:www.positivelyminnesota.com Rachel Vilsack Regional Labor Market Analyst St. Paul WorkForce Center Phone: 651-642-0728 rachel.vilsack@state.mn.us • For a copy of this presentation, • please visit: • http://rachelvilsack.com • Follow Twin Cities labor market data – through me – on Twitter at: • http://twitter.com/rachelvilsack