1 / 20

Industries and Occupations: LMI Center Insights

Explore industry projections, occupational wages, and more to understand workforce trends. Connect industries and occupations for informed decision-making. Real-time data and long-term projections available.

wmb
Download Presentation

Industries and Occupations: LMI Center Insights

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Industries & Occupations: Keystones of LMI Center for Workforce Information & Analysis Kim DeLellis Spring 2011

  2. Agenda • Terminology • Examining Industries • Exploring Occupations 2

  3. Terminology • Industry – the type of business or organization where you work • Occupation – the job duties that you actually do at work • Example: Industry - Hospital • Occupation - Nurse 3

  4. Examining Industries • Jobs Data • (Quarterly Census of Employment & Wages) • Industry Projections • Targeted Industry Clusters • Location Quotients 4

  5. Jobs Data • Quarterly Census of Employment & Wages (QCEW) • Includes average number of establishments, employment & weekly wages • Produced quarterly & annually for PA & all counties • Available at the 2,3,4 or 5-digit NAICS level • (NAICS = North American Industry Classification System) 5

  6. Industry Projections • Estimated employment levels and 10-year outlook for a specific industry • Main input is QCEW data • Developed at 4-digit NAICS level • Produced every 2 years for PA, MSAs and WIAs • Estimates, not exact counts • Includes full- and part-time job holders 6

  7. Industry Projections - Example 7

  8. Targeted Industry Clusters (TICs) • A group of industries that are closely linked by common product markets, labor pools, similar technologies, supplier chains and/or other economic ties. • Activities that benefit one industry in the cluster often benefit other industries too • PA has defined 11 clusters and 7 sub-clusters • Cornerstone of Pennsylvania’s data-driven approach to workforce development 8

  9. Targeted Industry Clusters (TICs) • Advanced Materials & Diversified Mfg (AMDM) • Chemicals, Rubber & Plastics • Electronics • Metals & Metal Fabrication • Printing • Vehicle & Vehicle Equipment • Agriculture & Food Production (AFP) • Bio-Medical (BM) • Building & Construction (BC) • Business & Financial Services (BFS) • Business Services • Finance & Insurance • Education (ED) • Energy (ENGY) • Health Care (HC) • Information & Communication Services (ICS) • Logistics & Transportation (LT) • Lumber, Wood & Paper (LWP) 9

  10. Location Quotients (LQ) • A location quotient (LQ) is another measure of industry strength • LQ’s compare local employment with its share of national (or state) employment. • An LQ > 1 indicates more employment locally than typically expected. This implies a possible competitive advantage. 10

  11. Exploring Occupations • Occupational Employment Projections • Competition • Occupational Wages • Other Data Elements • Real-Time Information 11

  12. Long-Term Occupational Projections • Estimated employment levels and 10-year demand for a specific occupation • Openings due to growth or industry expansion • Openings needed to replace workers who vacate, change jobs or leave the labor force because of death, retirement, disability or withdrawal for personal reasons • Based largely on employer input to the Occupational Employment Statistics Survey • Full- and part-time workers, incl. agriculture, private household, unpaid family and self-employed • Produced every two years for state, MSAs and WIAs 12

  13. Occupational Projections - Example 13

  14. Local Area Projections 14

  15. Connecting Industries & Occupations • Staffing patterns identify the occupations that are most commonly found within the selected industry • Occupations may “compete” for workers across various industries/clusters. 15

  16. Occupational Wages • Annual & hourly wages - 2009 • Average, Median, Entry & Experienced Levels • Includes full- and part-time workers • Cross-industry information available for: PA, MSA, WIA & County • Occupation wages by industry available for statewide only. 16

  17. Occupational Wages - Example 17

  18. Other Data Elements • Also need to consider how many people are already available to fill a job. • Current Employment • Occupational Unemployment Rates • Training Completers vs. Openings 18

  19. Real-Time: Help Wanted Online (HWOL) Data • Real-time data set that measures employer demand through the universe of online job postings • Job postings come from sites such as Monster, CareerBuilder, employer sites and state job boards • CWIA compiles the postings into lists by industry, occupation and employer • Readily available in CWIA’s Fast Facts publication 19

  20. CWIA Contact Info • Kim DeLellis 717-772-1364 • Email: kdelellis@state.pa.us • Customer Response Line: 877-493-3282 • Email: workforceinfo@state.pa.us • On the web: www.paworkstats.state.pa.us 20

More Related