1. All College Day, St. Petersburg College Clearwater, Florida October 22, 2014 Department of Economic Opportunity Bureau of Labor Market Statistics

2. 1 Labor Market Information 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 2 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 3 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? 4 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. 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

7. 6 Labor Market Statistics Center 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 Employment Projections--Produces projections of employment by industry and occupation based on a survey of employers and statistical models Local Area Unemployment Statistics (LAUS)--Produces labor force, employment, unemployment, and unemployment rates based on a survey of households and a statistical model Mass Layoff Statistics (MLS)--Produces mass layoff statistics by industry based on Unemployment Insurance claims and employer contacts Workforce Information--Provides statistical services such as publications, websites, training, GIS mapping, economic impact analysis, and customized reports by request

8. Labor Force Conditions September 2014, 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 October 17, 2014. The current unemployment rate of 6.1 percent was down from the recessionary high rate of 11.4 percent reported in 2009-10 Florida’s unemployment rate has been lower than or equal to the Nation’s for 14 of the past 17 months Florida’s September 2014 annual rate of job growth was +2.7 percent, 0.8 percentage point greater than the national job growth rate. Florida’s annual job growth rate has exceeded the nation’s since April 2012. 7

9. Florida Unemployment Rates by County September 2014, 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 October 17, 2014. 8

10. 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 May 16, 2014. 9

11. Nonagricultural Employment September 2014, Seasonally Adjusted Florida’s jobs grew in September on an annual basis for 50 consecutive months. Prior to August 2010, the state had been losing jobs for over three years and reached a low point of -7.0 percent in March and April 2009. September 2014 was the 26 th consecutive month that the annual employment growth rate was 2.0 or higher Florida’s job growth rate has equaled or exceeded the national rate since April 2012 10 Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released October 17, 2014. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

12. Florida Total Nonagricultural Employment January 1974 – April 2014, Seasonally Adjusted 11 Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released May 16, 2014. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

13. LMI TOOLS 2 Labor Market Information Online Websites and Web Applications

14. 13 Websites: Labor Market Statistics (LMS) Census Bureau Occupational Information Network (O*NET) Employ Florida Marketplace Web Applications: Florida Research and Economic Information Data Base App (FREIDA) Florida Occupational Employment and Wages (Florida Wages) What People Are Asking (WPAA) Local Employment Dynamics/Quarterly Work Indicators (LED/QWI) Florida’s Career Information Delivery System (CHOICES) Transferable Occupation Relation Quotient (TORQ) Help Wanted OnLine (HWOL) Data Series Labor Market Information Online Tools

15. 14 Allows users to view or download Florida’s labor market data and products online in complete report formats. LMS Home Page: http://www.floridajobs.org/labor-market- information http://www.floridajobs.org/labor-market- information Labor Market Statistics (LMS) Website

16. 15 Latest Statistics Statistical Programs Florida Census Data Center GIS Mapping Reports STEM Jobs in Demand Publications Labor Market Statistics (LMS) Website

17. 16 Provides comprehensive economic and labor market information based on easy to use customer-defined data queries. FREIDA Home Page: http://freida.labormarketinfo.com/ http://freida.labormarketinfo.com/ Florida Research and Economic Information Database App (FREIDA)

18. 17 Florida Research and Economic Information Database (FREIDA) cont’d 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

19. 18 Provides detailed occupational employment and wage information based on user-defined queries which can than be compared to similar information for other areas, industries or related occupations. Florida Wages Home Page: http://www.floridawages.com/ http://www.floridawages.com/ Florida Occupational Employment and Wages (Florida Wages)

20. 19 Provides employers and jobseekers a look at industry and occupational forecasts, current pay levels, occupational profiles, and workforce availability for Florida and the workforce regions based on a defined set of frequently asked questions. WPAA Web Page: http://www.whatpeopleareasking.com/index.shtm http://www.whatpeopleareasking.com/index.shtm What People Are Asking (WPAA)

21. 20 What People Are Asking (WPAA) Internet based FAQs – http://www.whatpeopleareasking.com 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? 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?

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25. 24 Provides comprehensive information on key attributes and characteristics of workers and occupations. O*NET Home Page: http://www.onetcenter.org/ http://www.onetcenter.org/ Occupational Information Network (O*NET)

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27. 26 Help Wanted OnLine TM from The Conference Board is a measure of real-time labor demand captured through online job ads. HWOL Home Page: http://www.wantedanalytics.com/hdd http://www.wantedanalytics.com/hdd Help Wanted OnLine (HWOL)

28. 27 Real-Time LMI Help Wanted OnLine ™ (HWOL) States are to train workers for jobs in demand, according to the Workforce Investment Act What are states to do in the depths of a recession when traditional LMI shows little or no jobs in demand? – Traditional LMI is based on net job gains and losses by month – In Florida, during the recession all industries were in decline except healthcare – Could all of Florida’s one million unemployed work in healthcare?

29. 28 Real-Time LMI Help Wanted OnLine ™ (HWOL) States need to catch the churning in the job market Industries with a net decline in employment still have hiring needs The answer: Real-Time LMI – Conference Board; Help-Wanted OnLine (HWOL) Real-Time LMI is unduplicated job openings (ads) by occupation obtained by spidering technology

30. 29 Real-Time LMI Help Wanted OnLine ™ (HWOL) Source of job ads is The Conference Board The Conference Board was established in 1916 and has been one of the leading private sector international economic forecasting firms with offices in New York City, Europe, and China The Conference Board publishes economic data series including the Consumer Confidence Index and Leading Economic Indicators The Conference Board has been publishing data on labor demand since the 1950s

31. 30 Benefits of Real-Time LMI Currency (continuously updated) Geographically comprehensive Nation, State, MSA, County, City Actual posted openings—not an estimate Has proven to be a leading indicator May include new and emerging occupations Useful for keyword searches Industry specific searches STEM Supplement to traditional LMI—not a replacement

32. Real-Time LMI Help-Wanted OnLine 31 Source: The Conference Board, Help Wanted OnLine. Prepared by: The Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

33. Real-Time LMI Help-Wanted OnLine 32 Source: The Conference Board, Help Wanted OnLine. Prepared by: The Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

34. Real-Time LMI Help-Wanted OnLine 33 Source: The Conference Board, Help Wanted OnLine. Prepared by: The Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

35. 34 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.

36. Help-Wanted OnLine STEM Occupations In Demand 35 Source: The Conference Board, Help Wanted OnLine. Prepared by: The Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

37. Help-Wanted OnLine Occupations Requiring a Bachelor’s Degree In Demand 36 Source: The Conference Board, Help Wanted OnLine. Prepared by: The Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

38. Help-Wanted OnLine Cities With the Most Online Ads 37 Source: The Conference Board, Help Wanted OnLine. Prepared by: The Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

39. Help-Wanted OnLine 38 Source: The Conference Board, Help Wanted OnLine. Prepared by: The Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

40. 39 Long-Term and Short-Term Demand Indicators Occupational Supply/Demand System The purpose of the Supply/Demand system is to improve education and training alignment to better meet the hiring needs of business The Supply/Demand system has been designed for education, workforce, economic development, business, job seekers, and students The web-based data are statewide and by region

41. 40 Occupational Supply/Demand System Data Definitions The indicators of Potential Labor Supply by occupation are: – Public and private postsecondary education (enrollees, completers, and graduates by occupation based on CIP-SOC) – Job seekers registered at career centers The indicators for Labor Demand are: – Employment projections by occupation (for long-term analysis) – Help Wanted OnLine (HWOL) job ads by occupation (for short-term analysis) Other Information: – Current employment, wages, and education required by occupation

42. COMMISSION FOR INDEPENDENT EDUCATION (CIE) DISTRICT POST- SECONDARY CAREER & TECHNICAL EDUCATION (DPSEC) FLORIDA COLLEGE SYSTEM (FCS) STATE UNIVERSITY SYSTEM (SUS) INDEPENDENT COLLEGES & UNIVERSITIES OF FLORIDA (ICUF) REGISTERED JOB SEEKERS IN WORKFORCE INFORMATION SYSTEM (JS) WORKFORCE INVESTMENT ACT PARTICIPANTS (WIA) Data Sources of Potential Labor Supply by Occupation are: 41

43. Occupational Supply/Demand System Update Cycles Supply SUS and FCS—By term DPSEC—By term CIE—Annual Job Seekers—Daily ICUF—Annual from IPEDS (2 year old data) Demand Short-term (HWOL)— Monthly Long-term (Occupational Projections)—Annual 42

44. 43 Occupational Supply/Demand System Data Caveats All supply data is potential supply Completers/graduates are counted in each occupation related to their program of study Enrollees may or may not complete training Completers may already have a job or may have moved out of the geographic area Most jobseekers do not register with the career centers and for those registered they may or may not be qualified for the job they are seeking

45. 44 Data Caveats (continued) Time frames for supply and demand data elements may differ District and Florida College System enrollees and completers are based on supply in the workforce region and are not statewide based University graduates are statewide only and cannot be parsed to workforce regions; the statewide report does include university graduates in supply

46. 45 Occupational Supply/Demand System Data Uses Education and workforce will use the data to create better alignment of education and training offerings in meeting the hiring demands of business Economic developers will have the most comprehensive and timely occupational data to determine available labor supply to support business recruitment 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

47. Enrollees on the Supply/Demand report are signified with an –E suffix following the Supply acronym while Completers/Graduates are indicated by a -C suffix. Notice that items in BLUE are used in creating the Total Supply (also in BLUE). REGIONAL Reports DO NOT include ICUF and SUS data in total supply as university graduates are considered statewide supply and are not parsed to a regional level. They are provided as informational supply only. STATEWIDE Reports DO include University graduates. When reviewing occupations for potential new training programs or programs to reduce, one should always review both the Regional and Statewide Reports. Explanation of Supply/Demand Report Information… Statewide Report Regional Report 46

48. Other Information: Current employment, wages, and education required by occupation Total Supply is contrasted against Short-Term Demand Total Supply of 935 vs. Short-Term Demand of 1,499 leaves a “Gap” of -564 trained individuals …and a ratio of.62 persons for each job ad existing Fl. Education Levels 1=<HS 2=HS 3=Postsecondary Adult Vocational (PSAV) 4=College Credit 5= Bachelor’s 6= Master’s or higher Explanation of Supply/Demand Report Information (Continued) … 47

49. Short-Term Demand This data series is based on employer generated job ads advertised on the internet. The source is The Conference Board’s Help Wanted OnLine data series which scrapes over 1,200 job boards. The data are available monthly and have been processed to reduce duplicate job ads. Long-Term Demand This data series is based on average annual openings based on long-term projections produced by the Occupations Projections program in DEO’s Bureau of Labor Market Statistics. These data are based on projected occupational growth and separations (includes projections of retirements and those changing occupations, not simply changing jobs). How do they Differ? Short-term demand is based upon ads resulting from occupational growth, separations, and job churning. Job churning is the movement of workers from one job to another, usually due to seeking a better job opportunity. As a result, short-term demand can exceed long-term demand. 48

50. TOP 15 BACHELOR LEVEL OCCUPATIONS IN DEMAND USING ANNUAL LONG-TERM DEMAND DATA **Requires 1 to 5 years of experience; ***Requires more than 5 years of experience Offered at the Bachelor degree level Note: All data are statewide based, FCS, CIE and SUS data are based on 2012-2013 school year graduates, ICUF data are based on 2011-12 graduates. BLS education levels used for all occupations. 49

51. ***Requires more than 5 years of experience Offered at the Bachelor degree level Note: All data are statewide based, FCS, CIE and SUS data are based on 2012-2013 school year graduates, ICUF data are based on 2011-12 graduates. BLS education levels used for all occupations. TOP 15 BACHELOR LEVEL OCCUPATIONS IN UNDERSUPPLY USING SHORT-TERM DEMAND DATA (JUNE 2014) 50

52. www.floridajobs.org/lms/jid 51

53. Unemployment Rate (Percent) Median Earnings (Dollars) Master’s degree Bachelor’s degree Associate degree Some college, no degree High-school graduate Some high-school, no diploma 52 Professional degree Doctoral degree Notes: Unemployment and earnings for workers 25 and older; earnings for full-time wage and salary workers. 2013 Weekly Median Earnings (multiplied by 52 weeks). Source: Bureau of Labor Statistics, Current Population Survey, March 2014. Education and Training pay … 2013 Annual Average

54. Florida Department of Economic Opportunity Bureau of Labor Market Statistics Caldwell Building MSC G-020 107 E. Madison Street Tallahassee, Florida 32399-4111 Phone (850) 245-7227 Warren May Warren.May@deo.myflorida.com www.floridajobs.org/labor-market-information www.labormarketinfo.com freida.labormarketinfo.com www.floridawages.com http://www.whatpeopleareasking.com/index.shtm 53