2011 MISSOURI GOVERNOR’S CONFERENCE ON ECONOMIC DEVELOPMENT-BREAK OUT SESSIONS SEPTEMBER 21, 2011

Introductions Lindsey Peters Research Analyst III with Workforce Research team (573) Meredith Hill Planner II with Economic Research team (573)

Agenda  1:15-2:15—Labor Market Information Overview  2:15-2:30—Short break  2:30-3:30—Break-out sessions by targeted audience  LMI Uses for Assisting Job Seekers &Workforce Development  LMI Uses for Economic & Strategic Development  3:30-3:45—Short break  3:45-4:30—Wrap-up of events/Q&A

Why do I have a remote control??  Turning Point software  You’ll use these “remotes” to for:  Questions & Answers  Presentation interaction  Feedback for review  Aim for the laptop to register your response

Which of the following best describes your primary work? 1. Workforce Developer 2. Economic Developer 3. Career Counselor 4. Educator 5. Other

How often do you work with LMI? 1. I work with it frequently 2. I use LMI infrequently 3. I have no experience using LMI

LMI for Outlook Decision Makers Tour of synthesized LMI portals for:  Historic and Current Conditions Labor Force Workforce  Cluster-Based Development Skills Gap  What strategic planning data would you like explored/discussed today? Or

LMI for Job Seekers/Workforce Development Tour of MERIC & Non-MERIC LMI data portals for:  Occupational Outlooks Projections LEHD Staffing Patterns  Skills Analysis O*Net Missouri Career Exploration Tool

Which of the two breakout sessions will you be attending? 1. LMI for Jobseekers/ Workforce Development 2. LMI for Outlook Decision Makers

Let’s get started………

LABOR MARKET INFORMATION FUNDAMENTALS

What is LMI? Data Comprehensive data related to employers and respective employees Collected Complied according to standard statistical procedures governed by state and federal regulations Reported Describes current conditions and predicts relations between labor supply and demand

Common Types of LMI  Employment Data  Labor Force Data  Wage Data  Demographics Data  Career Planning Data

Missouri’s One-Stop LMI Shop   State LMI Shop  Original Research  Workforce  Economic  Business Intelligence & Communication

How familiar are you with the MERIC website? 1. I use it frequently and am familiar with the site 2. I use MERIC infrequently 3. I do not use the MERIC website

What can we do with LMI?

Employment Data  …is about JOBS; NOT the employees in them! - includes data of actual jobs by place of work.  Provides Job Data Regarding:  How Many  What Type/Industry  Paying What Wage  Located Where  Requiring What Skills/Education  Projected to Grow/Decline

Where to Find – Employment Data  Quarterly Census of Employment and Wages - QCEW  Based on Industry Classifications - NAICS  Searchable by Geography and/or Industry  Industry Employment Information is inclusive of all Occupations within each Industry.  Example Scenario: A telecommunications business is interested in re- locating to Jackson County, it wants to know how competitive the industry is in the area though before investing in the move……..

 Labor Employment Household Dynamics-LEHD  Based on Industry Classifications – NAICS (up to 4-digit)  Searchable by Geography and/or Industry  Industry Employment information is inclusive of all Occupations within each Industry. Where to Find—Employment Data

Labor Force Data  …is about PEOPLE and where they reside, not the jobs they do! – Includes data on people by place of residence, regardless of where they work.  Provides Data Regarding:  The Employed and Unemployed  Where Residents Work  What Residents Earn  Educational Attainment/Skills

Where to Find – Labor Force Data  Local Area Unemployment Statistics (LAUS)  Monthly  Employed and Unemployed  MERIC Option  State, County, CSA, MSA and City Options

Quick Find – Labor Force Data  Regional Demographic Summary  Snapshot Summary  Population  Income  Educational Attainment

Quick Find – Labor Force Data  Migration Patterns  Year to Year  County Movements  MERIC  County Specific  Favorable Job Markets  Regional Commuting

Wage Data  …is closely tied to employment data AND labor force data.  Provided Data:  Industry Averages  Occupational Average  Regional Breakouts  Demographic Difference

Where to Find – Wage Data Example Question: What is the entry- level hourly wage for a worker employed in the Ozark Region as a public relations manager?  Occupational Employment Statistics (OES)  Occupational Employment and Wages  MERIC Option  Search by Region or Occupation  Mean, Entry, Experienced and Median Wages 

Demographics Data  …is about GENERAL POPULATION CHARACTERISTICS related to employment and workers. The data is most widely distributed by the Census Bureau  Provided Data in 10 Year Census Counts and Annual Estimates :  Age  Income  Race  Households

Where to Find – Demographic Data  US Census  Finite to state level geographies  Complex tables to simple summaries Example Question: What is the number of Missourians (25 and over) that do not have a high school diploma? How many have a Bachelor’s degree or higher?

Career Planning Data  …enables planning for future careers, both long-term & short- term.  Provides Data Regarding:  Regional and State In-Demand Jobs  Training Programs Available  Wages for Major Occupations

Where to Find – Career Planning Data  O*Net Online  Missouri Career Exploration Tool  Newly updated!  Missouri Occupational Projections  Short-term  Long-term These tools and websites offer information describing the over 800 occupations, their average wages, education and training requirements, and employment outlook.

Occupational Information Network (O*Net) Online  Assisting all types of job seekers and businesses  Jobseekers can narrow career path searches  Businesses can utilize for human resources  Integrated System with CareerOneStop and Career Center’s Toolbox  Constantly Updated

Missouri Career Exploration Tool  Missouri-specific employment figures  O*Net data  Job Openings  WorkKeys filters

State Occupational Projections  Bureau of Labor Statistics  QCEW  NAICS Establishments  MERIC  2 and 10-year  Supplements non-farm data with self- employed, agriculture, religious organization, and railroad employment

A veteran has recently re-enter civilian life and is planning to apply to enter school in order to gain additional skills and experience for a new occupation. In order to go to school though, he needs scholarship and funding. The NGCC is assisting him with applications for funding, but we need to know that his chosen occupation will have growth and availability in Missouri once he graduates. Let’s use the career planning data tools to see if we can help score his funding for training to be a mechanical engineer. Case Study Career Planning- In Action

O*Net Online: Missouri Career Exploration Tool: Missouri Occupational Projections: Career Planning Data

Which of the tools referenced here today have you used in the past? 1. QCEW 2. LEHD 3. LAUS 4. OES 5. Census Factfinder 6. O*Net Online 7. Missouri Career Exploration Tool 8. Occupational Projections

Which of the tools referenced here today would you like more information about? 1. QCEW 2. LEHD 3. LAUS 4. OES 5. Census Factfinder 6. O*Net Online 7. Missouri Career Exploration Tool 8. Occupational Projections

LMI Fundamentals Cheat Sheet

Thank you for your participation!