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Labor Market Information Program Overview All About Jobs Labor Market Statistics Center December 2011.

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Presentation on theme: "Labor Market Information Program Overview All About Jobs Labor Market Statistics Center December 2011."— Presentation transcript:

1 Labor Market Information Program Overview All About Jobs Labor Market Statistics Center December 2011

2 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 1

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 2

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 3

5 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 Thanks to employers …. Without them we would not be able to provide data 4

6 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 5

7 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 6

8 Labor Force Conditions Seasonally Adjusted October 2011 Florida’s unemployment rate has declined from the all time high of 12.0 percent in December 2010, and over the year for eight consecutive months Florida’s unemployment rates for the last six months are the lowest since August 2009 Source: Florida Department of Economic Opportunity, Labor Market Statistics Center, Local Area Unemployment Statistics Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, released November 18, 2011. 7

9 Source: Florida Department of Economic Opportunity, Labor Market Statistics Center, Local Area Unemployment Statistics Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, released November 18 2011. Unemployment Rates Florida and the United States January 1974 – October 2011 Seasonally Adjusted 8

10 . Source: Florida Department of Economic Opportunity, Labor Market Statistics Center, Local Area Unemployment Statistics Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, released November 18, 2011. Florida Unemployment Rates by County October 2011, Not Seasonally Adjusted 9

11 P = Preliminary Source: Florida Department of Economic Opportunity, Labor Market Statistics Center and the U.S. Department of Labor, Bureau of Labor Statistics, Local Area Unemployment Statistics Program, released November 22, 2011. Unemployment Rates in the Ten Most Populous States Seasonally Adjusted 10

12 Nonagricultural Employment Seasonally Adjusted Florida’s jobs grew in October on an annual basis for the 13 th consecutive month Florida has lost 802,800 jobs during the current downturn (March 2007 to October 2011) Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 18, 2011. Prepared by: Florida Department of Economic Opportunity, Labor Market Statistics Center. 11

13 Leisure and Hospitality Gained the Most Jobs Over the Year in Florida October 2010 – October 2011 (Seasonally Adjusted) Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 18, 2011. Prepared by: Florida Department of Economic Opportunity, Labor Market Statistics Center. 12

14 Nonagricultural Employment by Industry Florida October 2011 (Seasonally Adjusted) Note: Percents may not add to 100.0 due to rounding Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 18, 2011. Prepared by: Florida Department of Economic Opportunity, Labor Market Statistics Center. 13

15 Employment by Industry Florida October 2011 (Seasonally Adjusted) Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 18, 2011. Prepared by: Florida Department of Economic Opportunity, Labor Market Statistics Center. 14

16 P = Preliminary Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 22, 2011. Prepared by: Florida Department of Economic Opportunity, Labor Market Statistics Center. Employment in the Ten Most Populous States October 2011, Ranked by Level Change Seasonally Adjusted 15

17 Florida Nonagricultural Employment Seasonally Adjusted, 1990-Current Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 18, 2011. Prepared by: Florida Department of Economic Opportunity, Labor Market Statistics Center. 16

18 Nonagricultural Employment Change Over the Year by Metro Area Not Seasonally Adjusted, October 2011 Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 18, 2011. Prepared by: Florida Department of Economic Opportunity, Labor Market Statistics Center. 17

19 Wages by Industry Florida 2010 Source: Florida Department of Economic Opportunity, 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 2011. 18

20 Florida Average Annual Wages Range from $45,840 to $26,948 Source: Florida Department of Economic Opportunity, Labor Market Statistics Center, Quarterly Census of Employment and Wages Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, 2010 Wage Data, released October 2011. 19

21 Florida Average Annual Wages Range from $45,840 to $26,948 Source: Florida Department of Economic Opportunity, Labor Market Statistics Center, Quarterly Census of Employment and Wages Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, 2010 Wage Data, released October 2011. 20

22 Florida Average Annual Wages Range from $45,840 to $26,948 Source: Florida Department of Economic Opportunity, Labor Market Statistics Center, Quarterly Census of Employment and Wages Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, 2010 Wage Data, released October 2011. 21

23 Florida Average Annual Wages Range from $45,840 to $26,948 Source: Florida Department of Economic Opportunity, Labor Market Statistics Center, Quarterly Census of Employment and Wages Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, 2010 Wage Data, released October 2011. 22

24 Fastest Growing Industries* Florida Forecast to 2019 * Includes industries with a minimum of 3,500 jobs in 2011. Note: Projections to the year 2019 assume a Florida economic recovery, including construction. Source: Florida Department of Economic Opportunity, Labor Market Statistics Center, Forecast to 2019, released August 2011. 23

25 Fastest-Growing Occupations* Florida Forecast to 2019 Note: Projections to the year 2019 assume a Florida economic recovery, including construction. Source: Florida Department of Economic Opportunity, Labor Market Statistics Center, 2011 Wage Data, Forecast to 2019, released August 2011. *Includes occupations with a minimum employment greater than 4,000 jobs in 2011. PSAV – Postsecondary Adult Vocational Certificate, CC Cert. – Community College Certificate, 24

26 Real-Time LMI Help-Wanted OnLine Occupations In Demand 25 Source: The Conference Board, Help Wanted OnLine. Prepared by: The Florida Department of Economic Opportunity, Labor Market Statistics Center.

27 Real-Time LMI Help-Wanted OnLine Employers With the Most Online Ads 26 Source: The Conference Board, Help Wanted OnLine. Prepared by: The Florida Department of Economic Opportunity, Labor Market Statistics Center.

28 What’s Hot … LMI Products and Services Labor supply for business recruitment and job creation Use O*Net for related occupations Collect: Those currently working Those seeking work Those recently trained Labor cost analysis for business site selection and job creation, www.floridawages.com 27

29 What’s Hot … Skills-matching analysis for reemployment O*Net / Job growth Economic impact analysis for job creation and reemployment REMI / IMPLAN GIS mapping for job creation and reemployment ARC GIS (ESRI) Vacancy / Hiring Needs surveys for reemployment Fee for service / Costs based on sample size 28

30 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 LMI training for reemployment What’s Hot … 29

31 Employer / targeted industry analysis for job creation and reemployment By employer size class For High tech, Biotech, Photonics, Aerospace, etc. Longitudinal job creation/destruction Employer name and address file Mailing labels (job fairs, etc.) Physical local addresses for Homeland Defense What’s Hot … 30

32 Training for career counselors and teachers for career planning and reemployment Monthly employment press releases Census statistics including occupational commuting patterns for job creation Real-time LMI -- Help Wanted OnLine (HWOL) What’s Hot … 31

33 LMS Website http://www.floridajobs.org/ http://www.floridajobs.org/ FRED (Florida Research and Economic Database) http://fred.labormarketinfo.com http://fred.labormarketinfo.com Floridawages.com http://www.floridawages.com http://www.floridawages.com WPAA (What People are Asking) http://www.whatpeopleareasking.com http://www.whatpeopleareasking.com What’s Hot … LMI Electronic Tools 32

34 LED (Local Employment Dynamics) http://www.labordynamics.com http://www.labordynamics.com O*Net (Skills Analysis/Related Occupations) http://online.onetcenter.org http://online.onetcenter.org TORQ (Transferable Occupation Relationship Quotient) http://www.torqlab.com http://www.torqlab.com HWOL (Help Wanted OnLine) Data Series http://www.wantedanalytics.com http://www.wantedanalytics.com What’s Hot … LMI Electronic Tools 33

35 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 What’s Hot … Publications / Posters For Career Development / Job Search / Business Recruitment/Job Creation/Reemployment 34

36 Labor Market Statistics Center 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 GIS maps for business recruitment 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 Census commuting patterns for job creation 35

37 Live and Work in the Region Workforce Region 12 Note: Data are displayed by Census 2000 block groups from block level data. Source: US Department of Commerce, Census Bureau, Longitudinal Employer Household Dynamics (LEHD), 2009 Origin Destination Data-All Jobs. Prepared by: Florida Department of Economic Opportunity, Labor Market Statistics Center, November 2011. 36

38 Commuting to the Region Workforce Region 12 Note: Data are displayed by Census 2000 block groups from block level data. Source: US Department of Commerce, Census Bureau, Longitudinal Employer Household Dynamics (LEHD), 2009 Origin Destination Data-All Jobs. Prepared by: Florida Department of Economic Opportunity, Labor Market Statistics Center, November 2011. 37

39 38

40 Potential Employees in Aircraft Manufacturing 39

41 Location of Firms in Aviation and Aerospace 40

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44 Education and Training pay … 2010 Annual Average 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 Professional degree Doctoral degree Notes: Unemployment and earnings for workers 25 and older, by educational attainment; earnings for full- time wage and salary workers. 2010 Weekly Median Earnings (multiplied by 52 weeks). 43

45 Florida Department of Economic Opportunity Labor Market Statistics Center Caldwell Building MSC G-020 107 E. Madison Street Tallahassee, Florida 32399-4111 Phone (850) 245-7257 Rebecca Rust rebecca.rust@deo.myflorida.com www.floridajobs.org fred.labormarketinfo.com www.floridawages.com www.whatpeopleareasking.com 44


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