Minnesota’s Graduate Employment Outcomes Tool

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Presentation transcript:

Minnesota’s Graduate Employment Outcomes Tool November 15, 2016 10:00 – 11:00am

Agenda Welcome & Introductions Virtual Demonstration Questions & Answers

Who we are… Wendy Havenstrite, Moderator Lynn Bajorek, Facilitator Workforce Analyst, U.S. Department of Labor, Employment & Training Administration Lynn Bajorek, Facilitator Senior Consultant, Maher & Maher Alessia Leibert, Presenter Research Project Manager, MN Department of Employment & Economic Development

Alessia Leibert Research Project Manager, MN Department of Employment & Economic Development

Minnesota Department of Employment and Economic Development How to use the Graduate Employment Outcomes tool to assess labor market outcomes of Minnesota graduates November 15, 2016 Alessia Leibert, Project Manager Minnesota Department of Employment and Economic Development

Graduate Employment Outcomes: Why do we do this? Political pressure MN legislative mandates and federal gainful employment rules require updates about outcomes of students. Big data State Longitudinal Data Systems (SLEDS/WDQI) offer insight into student outcomes and success. Growing demand for Return On Investment information Students need access to information to ensure that their educational investments equip them with skills in demand; loan repayment burdens concern families and legislators.

How do we measure the outcomes of recent graduates How do we measure the outcomes of recent graduates? Advantages of longitudinal data systems Track graduates’ employment and wages over time as an indicator of the market value of skills acquired at school.

The MN educational pipeline: 75% in MN covered employment 72% 71% Time 0 75% 100% All MN Grads 2011 N=76,087 Quarter 0 (graduation) Grads with wage records Quarter 4 Grads with wage records Quarter 8 $22.44 $20.46 $18.98 $17.28 71% Grads with wage records Quarter 12 Grads with wage records Quarter 16 TIME SERIES

Graduate Employment Outcomes (GEO) tool http://mn.gov/deed/geo

Who is the tool designed for? Prospective students to set realistic expectations for employment and wages Parents and career counselors Educators interested in understanding the employment dynamics of their graduates for program planning and improvement purposes Employers to guide business development investment and recruitment decisions, such as targeting sites where they can find talent in the fields they hire from Policy makers interested in evaluating the alignment between educational program offerings and market demand

What is a successful outcome? Three tabs = multiple metrics Tab 1: Quarterly wage snapshots 5 year hourly wage trends industries and regions of employment Tab 2: Annual wages and employment status annual wages in 2nd, 3rd, and 4th year after graduation fulltime status (job quality, career advancement) Tab 3: In-state employment employability in MN (match rate) re-enrollment in post-secondary programs

Program Comparisons: Vertical and horizontal Vertical: More education leads to higher wages Horizontal: Outcomes can vary dramatically by major Bachelor’s

How do we know if graduates are utilizing their skills? Industries of employment and wages earned indicate whether the jobs held by graduates are related to the field of study. Example: Certificates in Electrical and Power Transmission Installers

Data informs decision making for program planning and review purposes Should a post-secondary program be: Opened/relocated? Closed? Expanded? Are graduates employed? Full time? Year round? Do industries reward graduates (financially) for their education? Do wages demonstrate career path vs. simply “getting a job”? Do graduates work in the industries we would expect? Do graduates work in fields related to their education? Do students stay in the region of the state where they were educated? Do they leave the state? Are educational institutions in MN over or under-producing graduates? Do students seek further education after graduation? Employment status Wages Industries Relationship to education/ field of study Do they stay or go? Continuing education

Case study: Culinary Programs Closed/Closing Why are Twin Cities culinary schools closing amid restaurant boom? High student interest Many jobs/high in-state employment rate between 85% and 90% reported MN wages Not a living wage median wage after 4 years: $13.93/hr. Poor career advancement wages are not growing over time; employment is mostly part-time even after four years Industry does not value college grads get jobs in related industries but no wage premium for credentials

Press and users’ feedback on the GEO tool I found these insights particularly valuable in today’s training session :  Comparing institutions: Recognizing the differences in degrees and majors is helpful because program comparisons should be made within a clearly defined context. Benchmarking: Comparing one school's programs with another's can reveal data that tells the story about the program (whether it is under- or over-performing), make connections with employers, and demonstrate the contribution being made to the local economy. Minneapolis Star Tribune Editorial, 2-25-2015 Training participant from Minnesota State University, 3-10-2016

Questions? Explore our research in more detail: http://mn.gov/deed/data/research/ graduates/index.jsp Or contact me: Alessia.Leibert@state.mn.us

Any Questions?