EMSI Annual Conference Labor Mkt. Outlook Coeur d’Alene, ID September 12, 2012 Bob Uhlenkott Chief Research Officer Idaho Department of Labor

Research Collaborations Labor Market Information shops are collaborating with education institutions all across the country via State Longitudinal Data Systems (SLDS) and Workforce Data Quality Initiative (WDQI) grants. State Education and Workforce goals vary across the country but have common theme. Build a broader, smarter and more educated workforce

Return-On-Investment

$60B -- Idaho Gross Domestic Product $60 Billion

Idaho Seasonally Adjusted Unemployment Rate 7.5 % 8.3 % July 2012 (9.6%) Previous Record Dec-1982 to Feb-1983 (2.7%) Nov-2006 to Mar-2007

Conference Board Data (July 2012)

Idaho Non-Farm Jobs Year Over Year Percentage Change

EMSI Uses in Idaho LMI Shop EMSI Adds Value: Input-Output Models/Multipliers Release-able Data Sets (estimates confidential cells) Data Mining in Smaller Geographies Quick and Easy Data Mining and Formatting

Industry and Occupational Projections STP to 2011 – Jobs were projected to grow annually at.30%. Underestimated Non-farm Jobs in the fourth quarter of 2011 by 140 Jobs (off by.023%). STP to 2012 – Jobs were projected to grow annually at.33%. Growth expected to be near projection. STP to 2013 – Jobs are projected to grow annually at 1.2%. Too early to tell, but growth is slower than the projection in the first six months. LTP to 2020 – Jobs projected to grow at 1.7%. More to be shared this afternoon.

Education and Training Pay!

Thank You! Bob Uhlenkott ext. 3217