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Labor Market Information Mission

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Presentation on theme: "Labor Market Information Mission"— Presentation transcript:

0 Polk County Workforce Development Region Job Market Update
December, 2009

1 Labor Market Information Mission
To Produce, Analyze, and Deliver Labor Statistics to Improve Economic Decision-Making Note: Employment data are the state’s most important economic indicator

2 LMI Statistics Produced/ Delivered
Labor Force Total Employment Employment by Industry and Occupation Employment Projections by Industry and Occupation (Demand) Unemployment/ Unemployment Rate Wage by Industry and Occupation Census/ Affirmative Action

3 LMI Facts Data collected under Federal/ State Cooperative Statistical Programs Data comparable nationwide for all counties and metro areas Data meet stringent probability sampling design statistical methods with required response rates of 75 percent Monthly data release dates by county and metro area are 3 weeks after the reference month, including: labor force, employment, unemployment, unemployment rates, and employment by industry

4 How is LMI Collected? Sample-Designed Statistical Surveys from employers Econometric Modeling developed by U.S. Bureau of Labor Statistics Administrative Records from Unemployment Compensation

5 Who are the customers of Labor Market Statistics?
Workforce/ Economic Development Decision-Makers Employers/ Job Seekers Education/ Welfare Planners Career Counselors/ Teachers Economists/ Policy Makers Elected Officials Media

6 Labor Force Conditions
Not Seasonally Adjusted October 2009 The unemployment rate in the county is higher than the state and nation Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Local Area Unemployment Statistics Program in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, released November 20, 2009

7 Unemployment Rates Not Seasonally Adjusted
Unemployment rates have been increasing since mid-2006 Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Local Area Unemployment Statistics Program in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, released November 20, 2009

8 Florida Unemployment Rates by County
October 2009, Not Seasonally Adjusted . Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Local Area Unemployment Statistics Program, released November 20, 2009

9 Unemployment Rates in the Ten Most Populous States Seasonally Adjusted October 2009
P = Preliminary Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center and the U.S. Department of Labor, Bureau of Labor Statistics, Local Area Unemployment Statistics Program, released November 20, 2009

10 Nonagricultural Employment
Not Seasonally Adjusted Metro area employment is declining at a steeper rate than the nation, but slightly less steep than the state Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Current Employment Statistics Program in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, released November 20, 2009

11 Florida Nonagricultural Employment
Not Seasonally Adjusted, 1990-Current Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Current Employment Statistics Program in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, released November 20, 2009

12 Lakeland-Winter Haven MSA (Polk County)
Total Nonagricultural Employment Not Seasonally Adjusted Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Current Employment Statistics Program in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, released November 20, 2009

13 Lakeland-Winter Haven MSA (Polk County)
Total Nonagricultural Employment Not Seasonally Adjusted Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Current Employment Statistics Program in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, released November 20, 2009

14 Nonagricultural Employment by Industry
Not Seasonally Adjusted / Over-the-Year Percent Change October 2009 Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Current Employment Statistics Program in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, released November 20, 2009

15 Employment by Industry Not Seasonally Adjusted
May not add to total due to unclassified employment Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Current Employment Statistics Program in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, released November 20, 2009

16 Lakeland-Winter Haven MSA
Nonagricultural Employment by Industry Not Seasonally Adjusted October 2009 Florida Lakeland-Winter Haven MSA Note: Percents may not add to due to rounding Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Current Employment Statistics Program in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, released November 20, 2009

17 Education and Health Services is the only industry in the Lakeland-Winter Haven MSA to gain jobs Over the Year October 2008 – October 2009 Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Current Employment Statistics Program in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, released November 20, 2009

18 Employment Growth Over the Year by Metro Area Not Seasonally Adjusted, October 2009
Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Current Employment Statistics Program in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, released November 20, 2009

19 Wages by Industry 2008 Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Quarterly Census of Employment and Wages Program in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, released October 2009

20 Florida Average Annual Wages Range from $45,163 to $26,701
Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Quarterly Census of Employment and Wages Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, 2008 Wage Data, released October 2009.

21 Florida Per Capita Income Ranges from $63,276 to $17,142
Polk County ranks below the state in per capita personal income Note: * 2008 data Source: U.S. Department of Commerce, Bureau of Economic Analysis, 2007

22 Fastest-Growing Industries
Fastest-Growing Industries* Workforce Region 17 (Polk County) Forecast to 2017 *Includes industries with a minimum of 260 jobs in 2009 Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Forecast to 2017

23 Industries Gaining the Most New Jobs Workforce Region 17 (Polk County) Forecast to 2017
Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Forecast to 2017

24 Fastest-Growing Occupations
Fastest-Growing Occupations* Workforce Region 17 (Polk County) Forecast to 2017 *Includes occupations with a minimum of 110 jobs in 2009 Note:  Projections to the year 2017 assume a Florida economic recovery, including construction. Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, 2009 Wage Data, Forecast to 2017

25 Occupations Gaining the Most New Jobs Workforce Region 17 (Polk County) Forecast to 2017
Note:  Projections to the year 2017 assume a Florida economic recovery, including construction. Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, 2009 Wage Data, Forecast to 2017

26 Highest and Lowest Paying Occupations Workforce Region 17 (Polk County)
Highest Paying Lowest Paying Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, 2009 Wage Data

27 Top 15 Job Vacancies by Openings Polk County
Note: NA = Not available for this occupation Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, 2005 Job Vacancy/Hiring Needs Survey, Polk County

28 Top 15 Job Vacancies by Wage Polk County
Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, 2005 Job Vacancy/Hiring Needs Survey, Polk County

29 Housing Starts* and Foreclosures
* Privately Owned Housing Starts: 1-Unit Structures, Not Seasonally Adjusted. Source: U.S. Department of Commerce: Census Bureau, and RealtyTrac® (

30 What’s Hot … LMI Products and Services
Labor supply for business recruitment Labor cost analysis for site selection studies, (wages and benefits)

31 What’s Hot … Skills-matching analysis Economic impact analysis
GIS (Geo-coding) maps Vacancy / Hiring Needs surveys

32 What’s Hot … Targeted jobs for training design
Targeted industry selection and profiles

33 What’s Hot … Employer / targeted industry analysis
By employer size class For High tech, Biotech, Photonics, Aerospace, etc. Longitudinal job creation/destruction Employer name and address file Mailing labels Physical local addresses for Homeland Defense

34 What’s Hot … Position Descriptions http://online.onetcenter.org/
Special employer surveys Benefits surveys Localized labor market overviews / presentations

35 What’s Hot … Workforce Board orientation / LMI training
One-Stop LMI training O*NET training for skills matching Training on industry and occupational coding taxonomies

36 What’s Hot … Training for career counselors and teachers
Monthly employment press releases Census statistics including occupational commuting patterns and affirmative action Local Employment Dynamics (LED) - industry demographics, labor turnover, and commuting patterns

37 What’s Hot … FRED – Florida Research and Economic Database Internet-based labor market and economic data base for analysts, businesses, and jobseekers Designed to View current and historical data Ability to Create, view, export, and print your own tables and profiles by area, industry, or occupation Customize your own regions, graphs, maps

38 What’s Hot … Internet based FAQs – http://www.whatpeopleareasking.com
Job Seekers What are the hot jobs? What do hot jobs pay? What kind of skills, knowledge, and experience do I need for the hot jobs? Who trains for the hot jobs? What companies employ the hot jobs? What kind of skills, knowledge, and experience do I need for jobs? What jobs use my skills? Where can I find a job? What jobs are available now? Where can I find training assistance? Businesses / Employers What is the size of the labor force in my area? What types of industries are in my area? What types of companies are expected to grow in my area? What are the hot jobs in my area? What do jobs pay in my area? What kind of skills, knowledge, and experience do jobs require? How many job seekers are available by occupation? Where do I go to hire available workers?

39 What’s Hot … Publications / Posters For Career Development / Job Search / Business Recruitment
Product Guide Wage Tables (online only) Employment Forecasts (online only) Labor Market Trends (online only) Occupational Highlights Occupational Profiles Giving Children Hope and Skills Career Posters Wage Conversion Posters Jobs Online Posters Career Comic Books / Posters

40 Labor Supply Analysis Determine occupations desired and those with related skills Combine: Current employment Job Seekers Training enrollees Training completers Provide (from above) total labor supply or workers potentially available for prospective employer and labor costs

41 Site Selection Factors
Top 10 Site Selection Factors Labor Site Selection Factors 1. Highway accessibility 1. Availability of skilled labor 2. Labor costs 2. Availability of unskilled labor 3. Occupancy and construction costs 3. Training programs 4. Tax exemptions 4. Labor costs 5. Energy availability and costs 5. Low union profile 6. Availability of skilled labor 6. Right-to-work state 7. State and local incentives 8. Corporate tax rate 9. Low union profile 10. Available land Source: Area Development Site and Facility Planning, 2008 Corporate Survey.

42 Live and Work in the Region
Workforce Region 17 Note: Data are displayed by Census 2000 block groups from block level data. Source: US Department of Commerce, Census Bureau, Local Employment Dynamics (LED), 2006 Origin-Destination Matrix-Total Jobs Prepared by: Florida Agency for Workforce Innovation, Labor Market Statistics Center, October 2009

43 Commuting to the Region
Workforce Region 17 Note: Data are displayed by Census 2000 block groups from block level data. Source: US Department of Commerce, Census Bureau, Local Employment Dynamics (LED), 2006 Origin-Destination Matrix-Total Jobs Prepared by: Florida Agency for Workforce Innovation, Labor Market Statistics Center, October 2009

44

45 Note: Density calculations create a realistic interpretation of values by displaying the predicted distribution of data over a continuous surface. Source: InfoUSA Inc, Employer Database, st Edition Prepared by: Florida Agency for Workforce Innovation, Labor Market Statistics Center, December 2008

46

47 Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Quarterly Census of Employment and Wages Program, Q Data

48 Source: InfoUSA Inc., Employer Database, 2009-1st Edition

49 Education and Training pay …
Unemployment Rate (Percent) Median Earnings (Dollars) Doctoral degree Professional degree Master’s degree Bachelor’s degree Associate degree Some college, no degree High-school graduate Some high-school, no diploma Notes: Unemployment and earnings for workers 25 and older, by educational attainment; earnings for full-time wage and salary workers. Sources: Unemployment rate, 2008 annual average: Bureau of Labor Statistics; 2008 Weekly Median Earnings (multiplied by 52 weeks), Bureau of the Census.

50 Agency for Workforce Innovation Labor Market Statistics Center
Florida Agency for Workforce Innovation Labor Market Statistics Center Caldwell Building MSC G-020 107 E. Madison Street Tallahassee, Florida Phone (850) George Foster fred.labormarketinfo.com


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