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Learn about Labor Market Information (LMI) and the priority industry sectors in Los Angeles County. Discover the job outlook, education requirements, expected earnings, and necessary skills for in-demand occupations. Access valuable resources like Salary Surfer and O*Net OnLine to make informed decisions for your career.
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Labor Market in Los Angeles County Centers of Excellence (COE) for Labor Market Research October 8, 2019
About the Centers of Excellence (COE) California Community Colleges need to ensure that CTE curriculum produces workers with the skills relevant to the regional and statewide economies. The COE provide quality labor market data and information to help colleges respond to workforce needs. Colleges use the data for: Investing in new and relevant programs Pursuing grants Assessing labormarket needs Reviewing existing programs
Increasing need forpostsecondary education & training California needs close to one million more associate degrees, certificates, or industry-valued credentials by 2025. Percentage of Jobs Requiring More than a High School Diploma In the 1970s In 1992 By 2020 ! Source: Georgetown University Center on Education and the Workforce
Today’s Conversation • What is Labor Market Information (LMI)? • Priority industry sectors • Jobs outlook • Resources • Q&A
What is Labor Market Information (LMI)? …data about employment • location • occupation and industry • earnings • unemployment • demographics of the labor force • supply and demand
LMI Questions • Which occupations are most in demand in Los Angeles County? • Is demand for relevant occupations increasing or decreasing? • What is the education requirement for the occupations students are interested in? • What are expected earnings for an occupation? • What skills should students be learning to be qualified on the labor market?
Today’s Conversation • What is Labor Market Information (LMI)? • Priority industry sectors • Jobs outlook • Resources • Q&A
Priority Sectors in LA County* • Advanced Manufacturing • Advanced Transportation and Logistics • Business and Entrepreneurship • Energy, Construction and Utilities • Global Trade • Health • ICT/Digital Media • Life Sciences and Biotechnology • Retail, Hospitality, and Tourism *Based on 2017 Los Angeles Regional Plan
Today’s Conversation • What is Labor Market Information (LMI)? • Priority industry sectors • Jobs outlook • Resources • Q&A
Los Angeles County & California LMI • 26% of ALL jobs in the state are in Los Angeles County • Approximately 25% of annual job openings in LA County are “middle-skill” *Annual openings= new jobs + replacements (retirements) Source: Emsi, 2019
Current jobs and future need Source: Emsi, 2019
Entry-level earnings Source: Emsi, 2019
Today’s Conversation • What is Labor Market Information (LMI)? • Priority industry sectors • Jobs outlook • Resources • Q&A
How to Access www.coeccc.net
Salary Surfer https://salarysurfer.cccco.edu
O*Net OnLine www.onetonline.org
Today’s Conversation • What is Labor Market Information (LMI)? • Priority industry sectors • Jobs outlook • Resources • Q&A
Thank You! Juan Madrigal, InterimDirector Centers of Excellence for Labor MarketResearch Los Angeles/Orange Counties jmadrigal@mtsac.edu 909.274.5409 www.coeccc.net