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Oklahoma’s Workforce Information Programs Education Job Seekers Employees Employers Oklahoma’s Workforce.

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Presentation on theme: "Oklahoma’s Workforce Information Programs Education Job Seekers Employees Employers Oklahoma’s Workforce."— Presentation transcript:

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3 Oklahoma’s Workforce Information Programs Education Job Seekers
Employees Employers Oklahoma’s Workforce

4 Oklahoma Works Oklahoma Works is an initiative to increase the wealth of all Oklahomans through facilitating quality employment for workers and ready availability of highly skilled talent for business and industry. The initiative is a coalition of state agencies, educational institutions, businesses and other partners.

5 Together, we: Align education outcomes and workforce and economic development policy Create efficiency and collaboration among partner agencies Ensure consistency across the state while encouraging local adaptation Create the expectation of stellar customer focus for all

6 Our Vision Gov. Fallin’s vision is to implement wealth-generating policies so all Oklahomans can achieve the American dream. To accomplish this, the Governor’s Council for Workforce and Economic Development will coordinate strategic priorities and plans across education, training and economic agencies, increasing alignment of the entire education and training pipeline.

7 Addressing the Skills Gap
In next 4 years, the state’s greatest challenge will be increasing the number of students with workforce credentials, associate degrees, and college degrees There is a 23-point gap between our current workforce and the skilled workforce The new minimum for success requires a post-secondary degree or credential

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9 What is LMI? Labor market information (LMI) is any information that assists in making a labor market decision LMI includes a variety of data types, including general information on current trends in the labor force, national statistics, historical data on economic conditions, and projections of future employment needs and trends as a whole and for specific regions and local areas.

10 The data are targeted at a variety of audiences, including governments, regional economic development organizations, employers and managers, and current and future workers. LMI can help to clarify the meaning and significance of labor market conditions and trends, both for workers and employers.

11 LMI Examples Workers may use LMI to find career outlooks for their region or consult average wages by occupation to determine what they can expect to earn. Employers may use LMI to help in determining where and when to recruit new workers and how to plan for future workforce needs. LMI data are useful as a way to ‘check the pulse’ of the economy and measure economic performance.

12 • National and regional data on employment, unemployment, hours worked and industrial production • Forecasts of economic activity, including the supply and demand for certain groups of workers and commodities • Economic impact studies of industries, policies and programs • Formal and informal wage and benefit surveys and data on average wages by occupation • Job descriptions and statements of work • Job postings and employment advertising • Educational and skill requirements and comparisons between jobs


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