Download presentation
Presentation is loading. Please wait.
1
Bureau of Labor Market Statistics
Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013
2
Labor Market Information (LMI) Mission
To Produce, Analyze, and Deliver Labor Statistics to Improve Economic Decision-Making Employment data are the state’s most important economic indicator
3
LMI Statistics Produced/Delivered
Labor Force Total Employment Employment by Industry and Occupation Employment Projections by Industry and Occupation (Demand) Unemployment / Unemployment Rates Wage by Industry and Occupation Census
4
LMI Facts Data collected under Federal / State Cooperative Statistical Programs Data comparable nationwide for all counties and metro areas in the nation Data meet stringent probability sampling design statistical methods with required response rates of 75 percent Monthly data released 3 weeks after the reference month
5
How is LMI Collected? Sample-Designed Statistical Surveys from employers Econometric Modeling developed by U.S. Bureau of Labor Statistics Administrative Records from Reemployment Assistance Thanks to employers …. Without them we would not be able to provide data
6
Who are the customers of Labor Market Statistics?
Workforce / Economic Development Decision-Makers Employers / Job Seekers Education / Welfare Planners Career Counselors / Teachers / Students Economists / Policy Makers Elected Officials Media
7
Bureau of Labor Market Statistics Programs
There are three main activities: data production, data analysis, data delivery Quarterly Census of Employment and Wages (QCEW)--Produces employment and wages by industry based on all employers covered by Unemployment Insurance Current Employment Statistics (CES)--Produces employment, hours, and earnings by industry based on a sample of employers Occupational Employment Statistics (OES)--Produces employment and wages by occupation based on a sample of employers Local Area Unemployment Statistics (LAUS)--Produces labor force, employment, unemployment, and unemployment rates based on a survey of households and a statistical model Employment Projections--Produces projections of employment by industry and occupation based on a survey of employers and statistical models Workforce Information--Provides statistical services such as publications, websites, training, GIS mapping, economic impact analysis, and customized reports by request
8
Labor Force Conditions
October 2013, Seasonally Adjusted The current unemployment rate of 6.7 percent was down from the recessionary high rate of 11.4 percent reported in Florida’s unemployment rate has been below the national rate since March 2013 Prior to March, Florida’s unemployment rate had been higher or equal to the national rate for 5 years (since February 2008) Source: U.S. Department of Labor, Bureau of Labor Statistics, Local Area Unemployment Statistics Program in cooperation with the Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, released November 22, 2013.
9
Unemployment Rates, Florida and the United States
January 1974 – October 2013, Seasonally Adjusted Source: U.S. Department of Labor, Bureau of Labor Statistics, Local Area Unemployment Statistics Program in cooperation with the Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, released November 22, 2013.
10
Florida Unemployment Rates by County
October 2013, Not Seasonally Adjusted Source: U.S. Department of Labor, Bureau of Labor Statistics, Local Area Unemployment Statistics Program in cooperation with the Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, released November 22, 2013.
11
Unemployment Rates in the Ten Most Populous States
Ranked by Unemployment Rate, Seasonally Adjusted Source: U.S. Department of Labor, Bureau of Labor Statistics, Local Area Unemployment Statistics Program in cooperation with the Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, released November 22, 2013.
12
Nonagricultural Employment
Seasonally Adjusted Florida’s jobs grew in October on an annual basis for the 39th consecutive month Florida’s job growth rate of 2.5 percent is the fastest rate since June 2006 Florida is still down by 445,800 jobs from the pre-recession peak employment level (March 2007 to October 2013) Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 22, 2013. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.
13
Trade, Transportation, and Utilities Gained the Most Jobs Over the Year
Florida, October 2012 – October 2013, Seasonally Adjusted Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 22, 2013. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.
14
Nonagricultural Employment by Industry
Florida, October 2013 (Seasonally Adjusted) Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 22, 2013. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.
15
Employment by Industry
October 2013, Seasonally Adjusted Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 22, 2013. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.
16
Employment in the Ten Most Populous States
Ranked by Over-the-Year Level Change, Seasonally Adjusted Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 22, 2013. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.
17
Florida Total Nonagricultural Employment January 1974 – October 2013, Seasonally Adjusted
Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 22, 2013. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.
18
Metro Area Nonagricultural Employment Change Over the Year October 2013, Not Seasonally Adjusted
Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 22, 2013. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.
19
Average Annual Wages by Industry
Florida, 2012 Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Quarterly Census of Employment and Wages Program. Released October 2013.
20
Florida 2012 Final Average Annual Wages Range from $47,777 to $27,700
Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Quarterly Census of Employment and Wages Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Market Statistics, 2012 Wage Data, released October 2013.
21
Florida 2012 Final Average Annual Wages Range from $47,777 to $27,700
Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Quarterly Census of Employment and Wages Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Market Statistics, 2012 Wage Data, released October 2013.
22
Florida 2012 Final Average Annual Wages Range from $47,777 to $27,700
Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Quarterly Census of Employment and Wages Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Market Statistics, 2012 Wage Data, released October 2013.
23
Florida 2012 Final Average Annual Wages Range from $47,777 to $27,700
Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Quarterly Census of Employment and Wages Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Market Statistics, 2012 Wage Data, released October 2013.
24
Real-Time LMI Help-Wanted OnLine Occupations In Demand
Source: The Conference Board, Help Wanted OnLine. Prepared by: The Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.
25
Real-Time LMI Help-Wanted OnLine Employers With the Most Online Ads
Source: The Conference Board, Help Wanted OnLine. Prepared by: The Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.
26
Real-Time LMI Help-Wanted OnLine Labor Supply vs. Labor Demand
Source: The Conference Board, Help Wanted OnLine. Prepared by: The Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.
27
Real-Time LMI Help-Wanted OnLine Employment vs. Labor Demand
Source: The Conference Board, Help Wanted OnLine. Prepared by: The Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.
28
Fastest Growing Industries*
Florida, Forecast to 2020 Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics. Released October 2012.
29
Industries Gaining the Most New Jobs
Florida, Forecast to 2020 Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics. Released October 2012.
30
Fastest-Growing Occupations*
Florida, Forecast to 2020 Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics. Released October 2012.
31
Occupations Gaining the Most New Jobs
Florida, Forecast to 2020 Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics. Released October 2012.
32
Bureau of Labor Market Statistics Products and Services that Support Economic Development
Labor supply studies for business recruitment Labor cost analysis for business site selection Skills-matching analysis for reemployment Economic impact analysis for job creation / return on investment GIS maps for business recruitment / economic development Vacancy / hiring needs surveys for reemployment Targeted occupations for reemployment Targeted industry profiles for job creation Employer listings for business recruitment Competitive analysis for prison industry staffing Competitive analysis for federal rural business loans Targeted Employment Areas (TEAs) for foreign investor program Labor shed and Census commuting patterns for job creation Area job market profiles
33
Florida LMI Products and Services that Support Economic Development
Labor supply studies for business recruitment Helps with business decisions related to having available workers to hire Expanded occupational supply/demand system Provides potential indicators of labor supply compared to either long-term or short-term indicators of labor demand Labor cost analysis for business site selection Provides competitive/prevailing wage data by local area
34
Florida LMI Products and Services that Support Economic Development
Skills-matching analysis for reemployment Uses skills-matching information to determine new opportunities for employment Economic impact analysis for job creation / return on investment Determines the impact using multiplier theory of new jobs in an area GIS maps for business recruitment / economic development Shows addresses of job seekers searching for the occupations demanded by the employer
35
Florida LMI Products and Services that Support Economic Development
Vacancy / hiring needs surveys for reemployment Surveys employers about their unmet hiring needs by occupation Targeted occupations for reemployment Determines high demand/high wage occupations to meet employer needs Targeted industry profiles for job creation Provides industry and occupational characteristics of targeted sectors
36
Florida LMI Products and Services that Support Economic Development
Employer listings for business recruitment Provides employer names by industry or area based on contractual agreements Competitive analysis for prison industry staffing Determines if the use of prison workers will negatively impact competing employers Competitive analysis for federal rural business loans Determines if providing loans may negatively impact competing employers
37
Florida LMI Products and Services that Support Economic Development
Targeted Employment Areas (TEAs) for foreign investor program (EB-5) Calculates unemployment rates by census tract to help determine eligibility Census commuting patterns for job creation Maps where workers live and work between counties Labor Shed Analysis Provides a flexible tool to understand the local labor market and make informed expansion and site selection decisions
38
Detail on Labor Supply Studies for Business Recruitment
Labor supply for business recruitment and job creation Use O*Net for related occupations Collect: Those currently working Those seeking work Those recently trained
39
Detail on Labor Supply Studies for Business Recruitment
Labor supply for business recruitment and job creation Determine occupational titles that the business prospect is seeking to hire Take those occupations and use O*Net to enlarge the list to include occupations with transferable skills Collect occupational data below to reflect potential labor supply for the business prospect using the enlarged list Include occupational employment of those currently working in the geographic area that the prospect is considering Include number of enrollees, completers, and graduates of programs matched with the occupations needed by the business prospect Include number of job seekers looking for work in the occupations needed by the business prospect Add together all sources of potential labor supply to be provided to the site consultant or business prospect
40
Detail on Florida’s Occupational S/D System
Florida applied for and won a competitive grant from the U.S. Department of Labor; Workforce Data Quality Initiative for $1 million ( ) The grant is funding the new Occupational Supply/Demand System (S/D) which will be the most comprehensive and timely system available in the nation The S/D system is designed to improve education and training alignment to better meet the hiring needs of business The S/D system is designed for business, workforce, education, economic development, job seekers, and students The data are by statewide and region and will be web based
41
Florida’s Supply/Demand System
The indicators of Potential Labor Supply by occupation are: Workforce, public and private postsecondary education (enrollees and completers by occupation) Job seekers registered at career one-stop centers The indicators for Labor Demand are: The Conference Board’s Help Wanted OnLine (HWOL) data series of monthly job ad openings by occupation (for short-term analysis) DEO LMS average annual projected openings by occupation (for long- term analysis) Other Information: Current employment, wages, and education required by occupation
42
How will the data be used to help Florida and the economy?
Workforce and education will use the data to create better alignment of education and training offerings in meeting occupational demands of business Economic developers will have the most comprehensive and timely occupational S/D data readily available to support business recruitment in their analysis of available labor supply Students will benefit from having real time information on jobs in demand now and in the future; jobseekers can use the information for re-employment purposes
43
Florida Occupational Supply/Demand System – TOP 15 STATEWIDE JOBS IN UNDERSUPPLY
Total Supply Short Term Demand Ratio of Supply to Demand Supply Gap or Overage CURR YR EMP ENTRY WAGE MEDIAN WAGE EXP WAGE FL EDUC LEV * First-Line Supervisors of Food Preparation and Serving Workers** 4,101 7,762 0.53 -3,661 42,240 $11.24 $15.67 $19.17 3 Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products 1,519 4,133 0.37 -2,614 80,117 $14.07 $23.19 $35.06 First-Line Supervisors of Retail Sales Workers** 4,949 7,431 0.67 -2,482 95,834 $12.82 $18.66 $25.22 Insurance Sales Agents 1,475 3,528 0.42 -2,053 48,536 $14.49 $21.52 $37.04 Web Developers 1,215 3,254 -2,039 N/R Securities, Commodities, and Financial Services Sales Agents 976 2,796 0.35 -1,820 18,321 $17.57 $30.38 $52.70 5 Occupational Therapists 322 1,891 0.17 -1,569 6,288 $23.47 $36.32 $41.63 6 Physical Therapists 573 2,095 0.27 -1,522 12,284 $28.11 $37.93 $44.13 First-Line Supervisors of Non-Retail Sales Workers 615 1,755 -1,140 29,864 $23.10 $35.71 $52.95 4 First-Line Supervisors of Construction Trades and Extraction Workers*** 1,006 2,036 0.49 -1,030 43,995 $19.02 $27.18 $33.72 First-Line Supervisors of Mechanics, Installers, and Repairers** 911 1,782 0.51 -871 21,153 $19.18 $27.87 $33.51 Industrial Engineers 333 1,037 0.32 -704 9,356 $21.08 $32.51 $39.58 Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products 1,332 1,995 -663 30,516 $20.24 $47.41 Speech-Language Pathologists 516 1,105 0.47 -589 5,972 $23.35 $32.93 $38.77 Physician Assistants 185 768 0.24 -583 4,061 $30.84 $42.09 $48.54 * FL EDUCATION LEVELS 1 = < Than HS 2= High School 3=1 YR certificate 4= College Credit 5=Bachelor’s Degree 6=Master’s and Higher Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, November 2013
44
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?
45
Site Selection Factors for Job Creation
1. Labor costs 13T. Environmental regulations 2. Highway accessibility 15. Expedited or “fast-track” permitting 3. Availability of skilled labor 16. Inbound/outbound shipping costs 4. Availability of advanced ICT services 17. Availability of long-term financing 5. Occupancy or construction costs 18. Available land 6. Energy availability and costs 19. Proximity to suppliers 7. Corporate tax rate 20. Training programs 8. Available buildings 21. Accessibility to major airport 9. Tax exemptions 22. Proximity to technical/training 10. Low union profile 23. Raw materials availability 11. Right-to-work state 24. Railroad service 12. Proximity to major markets 25. Availability of unskilled labor 13. State and local incentives 26. Waterway or oceanport accessibility Data available from Labor Market Statistics Source: Area Development Site and Facility Planning, 2012 Corporate Survey.
46
Executive Summary of Reemployment Workshop
Determine occupations on layoff Determine related occupations Determine industries that hire those occupations Determine which industries are growing/hiring workers Select employers Market jobseekers to employers
47
Other LMI Services Targeted jobs for training program design for reemployment Workforce Estimating Conference Demand-driven based on state law Local input Funding allocations Localized labor market overviews / presentations for job creation and reemployment One-Stop Career Center LMI training for reemployment
48
Other LMI Services Training for career counselors and teachers for career planning and reemployment Monthly employment press releases for media relations Real-time LMI -- Help Wanted OnLine (HWOL) for jobs in demand TORQ (Transferable Occupation Relationship Quotient) for skills matching and skills gap analysis
49
LMI Electronic Tools LMS Website http://www.floridajobs.org
FREIDA (Florida Research and Economic Information Database Application) Floridawages.com WPAA (What People are Asking)
50
LMI Electronic Tools LED (Local Employment Dynamics) O*Net (Skills Analysis/Related Occupations) TORQ (Transferable Occupation Relationship Quotient) HWOL (Help Wanted OnLine) Data Series
51
Publications / Posters For Career Development / Job Search / Business Recruitment/Job Creation/Reemployment Product Guide Wage Tables (online only) Employment Forecasts (online only) Labor Market Trends (online only) Occupational Highlights Occupational Profiles Career Posters Wage Conversion Posters Jobs Online Posters Career Comic Books / Posters
52
Note: Data are displayed by Census 2010 block groups from block level data.
Source: U.S. Department of Commerce, Census Bureau, Longitudinal Employer-Household Dynamics (LEHD), 2011 Origin Destination Data – All Jobs. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, July 2013.
53
Note: Data are displayed by Census 2010 block groups from block level data.
Source: U.S. Department of Commerce, Census Bureau, Longitudinal Employer-Household Dynamics (LEHD), 2011 Origin Destination Data – All Jobs. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, July 2013.
54
Density of Job Seekers in Workforce Region 12
Note: Density calculations create a realistic interpretation of values displaying the predicted distribution of the data over a continuous surface. Job seekers include individuals registered in Employ Florida Marketplace (EFM) between 09/01/2012 and 02/28/2013. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, April 2013.
56
Potential Employees in Aircraft Manufacturing
57
Location of Firms in Aviation and Aerospace
60
Education and Training pay … 2012 Annual Average
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; earnings for full-time wage and salary workers Weekly Median Earnings (multiplied by 52 weeks). Source: Bureau of Labor Statistics, Current Population Survey, January 2013.
61
Department of Economic Opportunity Bureau of Labor Market Statistics
Florida Department of Economic Opportunity Bureau of Labor Market Statistics Caldwell Building MSC G-020 107 E. Madison Street Tallahassee, Florida Phone (850) Rebecca Rust
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.