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Labor Market Review. Betsy Falk Southeastern Wisconsin Labor Economist 262.638.6602 Elizabeth.falk@dwd.wisconsin.gov. Past and current unemployment data Review of changes to employment Demographic changes Current and future employment needs WIRED funded studies Job Openings (UWM)
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Labor Market Review Betsy Falk Southeastern Wisconsin Labor Economist 262.638.6602 Elizabeth.falk@dwd.wisconsin.gov
Past and current unemployment data Review of changes to employment Demographic changes Current and future employment needs WIRED funded studies Job Openings (UWM) Knowledge, Skills and Abilities (EMSI) Useful websites Open House employment review with an overview of new employment studies
Unemployment Rates Explained* * Numbers displayed do not represent any actual employment data. They are used for only as an example.
7 Counties 2007 WIRED Grant $5.1 million $2.5 million Workforce Innovation Fund Proof of Concept – Quick Hit Deloitte Study 2 Industries 5 Occupations EMSI Study Ability, Skill, Knowledge UW Milwaukee Study Job Openings Regional Workforce Alliance
ONET – National standards Over 150 attributes per occupation Ability – born with Skill - develop Knowledge – specific course curriculum Limit the number to cross-check at 5 abilities, 5 skills and 5 knowledge areas Assumptions:
Check on job titles, skills and related occupations: Onet http://online.onetcenter.org/ Definition of “green” jobs and industry: EMSI http://www.economicmodeling.com/ Wage comparison for counties and length of service: Wisconsin WorkNET http://worknet.wisconsin.gov/worknet/wagecomparison.aspx?menuselection=ce Wisconsin Department of Workforce Development Office of Economic Advisors http://www.dwd.state.wi.us/oea/ Regional Workforce Alliance http://www.milwaukee7-rwa.org/wiki Handy Websites