1. Labor Market Information101: How to Get the Data You Need for Your Business Presented by Michele Holmes June 25, 2013 Research & Planning Wyoming Department of Workforce Services http://wyomingLMI.gov

2. Research & Planning http://doe.state.wy.us/LMI/oes.htm OUR ORGANIZATION: R&P is a separate, exclusively statistical entity. WHAT WE DO: R&P collects, analyzes, and publishes timely and accurate labor market information (LMI) meeting established statistical standards. OUR CUSTOMERS: LMI makes the labor market more efficient by providing the public and the public’s representatives with the basis for informed decision making. 2

3. What is LMI? http://www.wyominglmi.gov Labor Market information, or LMI, refers to a variety of data associated with the supply and demand for workers. This includes information on the labor force, employers, industries, occupations, wages, and skills … just to name a few! Labor force = supply of workers and their characteristics Industries = the type of firm for which a person works (health care) Occupations = the specific set of tasks performed by an individual (registered nurse) Wages = what workers make and what employers can expect to pay Skills = education and training requirements for different occupations Source: milmi.org 3

4. Agenda Core LMI: What information is available and why is it important? How to find the information you want Other R&P Resources Questions 4

5. Core LMI What is a competitive wage for my industry? –Occupational Employment Statistics (OES) How is my local economy doing? –Local Area Unemployment Statistics (LAUS) How many are employed in my industry and what do they earn? –Quarterly Census of Employment and Wages (QCEW) What’s my risk for Workers’ Compensation Claims? –Census of Fatal Occupational Injuries (CFOI) Source: milmi.org 5

6. Occupational Employment Statistics (OES) What it is: A semi-annual survey of nonfarm establishments, providing annual employment and wage estimations for over 800 occupations. In Wyoming, OES estimates are available at the national, state, and county level. Answers: What is the typical wage for an occupation? How much can I expect to earn over the course of my career? How do wages for this occupation vary by region? What occupations are growing? What occupations should we be training jobseekers for? 6

7. Occupational Employment Statistics (OES) http://doe.state.wy.us/LMI/oes.htm 7

8. 8 WyomingSweetwater County Occupation Occupation Code Estimated EmploymentMean Wage Estimated EmploymentMean Wage Construction & Extraction Occupations47-000033,210$46,7674,160$50,363 First-Line Supervisors/Managers of Construction Trades & Extraction Workers 47-10113,220$65,724370$62,602 Carpenters47-20312,530$41,566130$41,277 Cement Masons & Concrete Finishers47-2051640$37,361 $29,694 Construction Laborers47-20612,640$31,302190$32,355 Operating Engineers & Other Construction Equipment Operators 47-20735,600$48,722460$47,647 Electricians47-21112,730$53,152270$66,030 Painters, Construction & Maintenance47-2141660$35,403 $36,335 Plumbers, Pipefitters, & Steamfitters47-21521,070$46,729130$53,227 Sheet Metal Workers47-2211300$40,813 $53,121 Rotary Drill Operators, Oil & Gas47-50121,610$55,470 $54,877 Service Unit Operators, Oil, Gas, & Mining47-50132640$47,761910$51,854 Continuous Mining Machine Operators47-5041100$60,37490$60,577 Mine Cutting & Channeling Machine Operators 47-5042110$58,167110$58,167 Roof Bolters, Mining47-506160$72,17060$72,170 Roustabouts, Oil & Gas47-50712280$41,807 $39,683

9. Occupational Employment Statistics (OES) http://doe.state.wy.us/LMI/oes.htm 9

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11. Benefits Survey http://doe.state.wy.us/LMI/benefits.htm What it is: annual survey of benefits offered by Wyoming employers Answers: How competitive is my compensation package? What industries offer the most benefits? 11

12. 12 Benefits in Wyoming http://doe.state.wy.us/LMI/benefits.htm Annual benefits publication Since 1999 Health care, retirement, paid holidays, paid sick leave, etc. By industry, firm size, etc.

13. Local Area Unemployment Statistics (LAUS) http://doe.state.wy.us/LMI/laus.htm Estimates the unemployment rate and a count of the labor force – employed and unemployed – in an area. LAUS is a count of persons, not jobs Based on where people live Answers: How is my local economy doing? 13

14. Local Area Unemployment Statistics www.wyominglmi.gov 14

15. 15 Local Area Unemployment Statistics www.wyominglmi.gov

16. Local Area Unemployment Statistics (LAUS) http://doe.state.wy.us/LMI/laus.htm 16

17. Quarterly Census of Earnings and Wages (QCEW ) What it is: A quarterly count of employment and wages, reported by employers. The QCEW covers 98% of employment and is available at the national, state, county and MSA level. Employers use the QCEW to compare their industry’s wages to other sectors/areas. Jobseekers use the data to identify growing and declining industries. Source of the QCEW data is the Quarterly Unemployment Insurance Tax File Answers: What are the high-paying sectors in my industry? How does the pay in my industry compare to other states? 17

18. Quarterly Census of Employment and Wages (QCEW) http://doe.state.wy.us/LMI/toc_202.htm 18

19. Review Wages by Occupation = OES Wages & Employment = QCEW Local Unemployment Statistics = LAUS 19

20. Industry and Occupational Projections What they are: short- and long-term estimates of demand by occupation and industry – available at the state, regional, and MSA level. Answers: What occupations are in highest demand today? What occupations will grow over the next decade? Will employers have difficulty finding workers in certain fields? Do I need to raise my compensation to remain competitive? What curriculum should our institutions teach? 20

21. 21 Industry and Occupational Projections http://doe.state.wy.us/LMI/projections.htm Industry: The type of firm for which a person works Occupation: A specific task or set of tasks performed by an individual Note: Projections based on historical trend line. Cannot account for certain factors.

22. 22 Industry Projections http://doe.state.wy.us/LMI/projections.htm Help determine if an industry is projected to contract or expand over the next decade

23. 23 Census of Fatal Occupational Injuries (CFOI) http://doe.state.wy.us/LMI/safety.htm

24. 24 Workers’ Compensation Claims http://doe.state.wy.us/LMI/safety.htm Initial and continued claims Published quarterly (January, April, July, October) Data used in more complex research and for feature articles Published by industry Decades of data

25. New Hires Survey http://doe.state.wy.us/LMI/newhires.htm What it is: R & P survey, started in 2009 Mailed quarterly to Wyoming employers Most recent data is through 2012Q2 Focuses on the job, not the person New hire is someone who has not worked for that employer before Answers: What skills do employers value? 25

26. 26 New Hires Survey: Education http://doe.state.wy.us/LMI/newhires.htm

27. New Hires Survey http://doe.state.wy.us/LMI/newhires.htm 27

28. New Hires Survey: Turnover http://doe.state.wy.us/LMI/newhires.htm Table: Employment and Turnover for New Hires in NAICS 484 (Truck Transportation) and 488 (Support Activities for Truck Transportation, Combined Total, 2012 NAICS 484/488, Truck Transportation, Support Activities of Truck Transportation Occupation TitleSOC Title N, New Hires % of New Hires in NAICS 484/488 N, Not Working for Employer in Next Quarter (Turnover) % Turnover (1 Quarter) Truck Drivers, Heavy and Tractor-Trailer53-30321,88862.747225.0 Laborers & Freight, Stock & Material Movers, Hand53-70621575.22415.4 Office Clerks, General43-90611093.64844.4 Truck Drivers, Light or Delivery Services53-3033973.23637.5 Aircraft Mechanics and Service Technicians49-3011612.03660.0 General and Operations Managers11-1021481.600.0 Janitors and Cleaners, Except Maids and Housekeepi37-2011481.63675.0 Dispatchers, Except Police, Fire, and Ambulance43-5032481.600.0 Bus & Truck Mechanics & Diesel Engine Specialists49-3031481.61225.0 Helpers--Installation, Maint., & Repair Workers49-9098361.200.0 Tank Car, Truck, and Ship Loaders53-7121361.200.0 Geological and Petroleum Technicians19-4041240.800.0 Transportation Security Screeners33-9093240.800.0 Bookkeeping, Accounting, and Auditing Clerks43-3031240.800.0 Payroll and Timekeeping Clerks43-3051240.800.0 Plumbers, Pipefitters, and Steamfitters47-2152240.800.0 Helpers--Extraction Workers47-5081240.800.0 Tire Repairers and Changers49-3093240.800.0 Maintenance Workers, Machinery49-9043240.800.0 Helpers--Production Workers51-9198240.800.0 All Other Occupations 2187.22411.1 Total 3,013100.069022.9 Note: Data based on New Hires Job Skills surveys collected from 2011Q4 to 2012Q3 L. Knapp, 4/26/2013, Research & Planning, WYDWS 28

29. 29 Earnings in Wyoming by County, Industry, Age, and Gender, 2000-2012 http://doe.state.wy.us/lmi/earnings_tables/2013/index.html

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31. 31 Custom Research: A Decade Later http://doe.state.wy.us/LMI/w_r_research/A_Decade_Later.pdf

32. 32 Custom Research: A Decade Later http://doe.state.wy.us/LMI/w_r_research/A_Decade_Later.pdf

33. 33 Custom Research: Monitoring School District Human Resource Cost Pressures http://doe.state.wy.us/LMI/education_costs.htm Wyoming Legislature funded Research & Planning to provide a comparison of employment and wages in public schools in Wyoming and surrounding states.

34. 34 Wyoming Labor Force Trends http://doe.state.wy.us/LMI/trends.htm Monthly Features: Local Area Unemployment Statistics (LAUS) Employment statistics Economic indicators Unemployment Insurance (UI) claims Quarterly Features: Quarterly Census of Employment & Wages (QCEW) Wage Records data Quarterly turnover statistics Workers’ Compensation Claims Sign up for Wyoming Labor Force Trends http://doe.state.wy.us/LMI/puborder.htm

35. 35 Special Publications http://doe.state.wy.us/LMI/publications.htm http://doe.state.wy.us/LMI/ occasional/occ6.pdf http://doe.state.wy.us/LMI/ ppaca/aca2012.pdf http://doe.state.wy.us/ LMI/dir_lic/WY_License d_Occs_Fall_2011.pdf

36. Conclusion R&P works to make the Labor Market more efficient by publishing information that allows our customers to make evidence-based decisions. Some of our customers include: College of Heath Sciences, University of Wyoming Laramie County Community College National Center for Education Statistics Wyoming Department of Health Department of Education & Department of Labor Grant applicants Local Business & Local Press 36

37. Research & Planning Wyoming Department of Workforce Services P.O. Box 2760 246 S. Center St. Casper, WY 82601 (307) 473-3807 DWS-RESEARCHPLANNING@wyo.gov http://wyomingLMI.gov Michele Holmes Public Relations Specialist Michele.Holmes@wyo.gov 37