ArizonaLabor Market Information( L M I )

Labor Market InformationOffice of Employment and Population Statistics

Arizona Department of Administration

www.azstats.gov

Arizona Workforce Informer

Agenda

1. Who we are and what we do

2. Audience questions and comments:

– Before, during, and after

– Email or phone for later questions

3. Background: Why, What, & Where of Labor Market Information

4. Basic Terminology

5. Brief Industry Overview

6. Brief Occupation Overview

– Employment

– Wages

People are more than statistics

SO

What?

What are the

practical

applications?

What can I use?

People are more than statistics

Labor Market Information -- SO WHAT!

1. Two words : INFORMED DECISIONS2. A person (yourself, client, student, relative, friend)

invests time, effort, dreams, money, & plans for a career -- only to find later that there is not a good market for the occupation.

3. THAT’S A BIG SO WHAT!

4. Career Advice – We have all heard “Do what you love” – good advice . . .

5. But make sure there is a market for it. That’s where Labor Market Information comes in.

But, IS LMI TMI? Or TMA?

1.Acronyms– TMA, LAUS, CES, QCEW, OES, TERM, PEBKAC

2.Key – Different User groups – Job Seekers, Students, Parents, General Public

– One Stop Front Line Staff, Employment Specialists, Job Developers, Counselors, Teachers

– Labor Market Analysts, Researchers, Economists

– Decision makers in Education, Business, & Government; Economic Developers, Policy Makers

Different data sources & uses1.Monthly survey of businesses – estimate of employment by

industry

2.Monthly survey of households – estimates of unemployed & employed – unemployment rate LINK

3.Quarterly count of employment & wages from LINK

Unemployment Insurance reports (up to 98% of employers)

4.Annual survey of occupational wages & employment LINK

5.Forecasts of Industries & Occupations LINK

6.Census & Population estimates & forecasts LINK

How Occupations & Industries are Defined & Organized

1.Occupation (describes what a worker does)– Standard Occupation Classification (SOC)– Six digit occupation code (O*NET has eight)

– The more digits, the more detail (hierarchal)2. Industry (describes what the business does)

– North American Industry Classification System (NAICS)

– Six digit industry code– The more digits, the more detail (hierarchal)

SOC Occupational Hierarchy example31-0000 Healthcare Support Occupations

31-1000 Nursing, Psychiatric, & Home Health Aides

31-1011 Home Health Aides

31-1012 Nursing Aides, Orderlies, & Attendants

31-1013 Psychiatric Aides

31-2000 Occupational & Physical Therapist Assistants & Aides

31-2011 Occupational Therapist Assistants

31-2012 Occupational Therapist Aides

31-2021 Physical Therapist Assistants

31-2022 Physical Therapist Aides

31-9000 Other Healthcare Support Occupations

31-9011 Massage Therapists

31-9091 Dental Assistants

31-9092 Medical Assistants

31-9093 Medical Equipment Preparers

31-9094 Medical Transcriptionists

31-9095 Pharmacy Aides

31-9096 Veterinary Assistants & Laboratory Animal Caretakers

31-9099 Healthcare Support Workers, All Other

NAICS Industry Hierarchy example62 Health Care & Social Assistance

621 Ambulatory Health Care Services

6211 Offices of Physicians

62111 Offices of Physicians

621111 Offices of Physicians (except Mental Health Specialists)

621112 Offices of Physicians, Mental Health Specialists

6212 Offices of Dentists

62121 Offices of Dentists

621210 Offices of Dentists

6213 Offices of Other Health Practitioners

62131 Offices of Chiropractors

621310 Offices of Chiropractors

62132 Offices of Optometrists

621320 Offices of Optometrists

62133 Offices of Mental Health Practitioners (except Physicians)

621330 Offices of Mental Health Practitioners (except Physicians)

62134 Offices of Physical, Occupational & Speech Therapists, & Audiologists

621340 Offices of Physical, Occupational & Speech Therapists, & Audiologists

62139 Offices of All Other Health Practitioners

624 Social Assistance6241 Individual & Family Services62411 Child & Youth Services624110 Child & Youth Services62412 Services for the Elderly & Persons with Disabilities624120 Services for the Elderly & Persons with Disabilities62419 Other Individual & Family Services624190 Other Individual & Family Services6242 Community Food & Housing, & Emergency & Other Relief Services62421 Community Food Services624210 Community Food Services62422 Community Housing Services624221 Temporary Shelters624229 Other Community Housing Services62423 Emergency & Other Relief Services624230 Emergency & Other Relief Services6243 Vocational Rehabilitation Services62431 Vocational Rehabilitation Services624310 Vocational Rehabilitation Services6244 Child Day Care Services62441 Child Day Care Services624410 Child Day Care Services

NAICS Industry Hierarchy example

Two main format options for Labor Market data on the Workforce Informer website

1.“Ready made” tables and publications

2.Dynamic, interactive data tables from online database queries

www.azstats.gov

E&H surpassed PBS in employment levels

331.8

355.6

270

290

310

330

350

370

390

410

430Arizona Industry Employment Trends

Professional & Business Services Educational & Health Services

in thousands

Manufacturing surpassed Construction in employment levels in late 2008 & continuing into 2011

104.1

148.2

100

120

140

160

180

200

220

240Arizona Industry Employment Trends

Construction Manufacturing

in thousands

Dec 2010

Unemployment rates across AZ, CA, NV and U.S.

9.6%

12.5%

14.9%

9.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

Jan-

08Fe

b-08

Mar

-08

Apr-

08M

ay-0

8Ju

n-08

Jul-0

8Au

g-08

Sep-

08O

ct-0

8N

ov-0

8De

c-08

Jan-

09Fe

b-09

Mar

-09

Apr-

09M

ay-0

9Ju

n-09

Jul-0

9Au

g-09

Sep-

09O

ct-0

9N

ov-0

9De

c-09

Jan-

10Fe

b-10

Mar

-10

Apr-

10M

ay-1

0Ju

n-10

Jul-1

0Au

g-10

Sep-

10O

ct-1

0N

ov-1

0De

c-10

Jan-

11

Unemployment Rates, Seasonally adjusted

Arizona California Nevada US

How can Labor Market Statistics help with Performance Goals and Planning?

(help people)

Goal: Training and placing people in high demand occupations

1st Step: Identify the high demand occupations in the local job market

Demand Occupations

• Fast Growing?

• Most Job Openings?

• High Paying?

• High Skill?

• Low Turnover?

• Training/Education Requirements?

How can we identify high demand occupations?

Sample Comparisons of Arizona Occupations (see handouts 2, 3, & 4)

• Short sample lists of occupations ranked high to low based on:– Growth rate (handout #2)– Job openings (handout #3)– Wage (handout #4)

• Ranking allows for easier comparisons– Many fast growing occupations do not have the most job

openings– Occupations with the most openings are not necessarily

high paying– Education & training requirements can limit choices

• Can we combine this in one report instead of three?

YES! –

– Percentage growth rates– Number of projected openings– Average Wages– O*NET Skills– Turnover Ratios (Growth/Separations)– Education/ Training Level

Requirements

–All in one report!

Training & Education Resource Model T E R M -- ranks occupations by:

Fast

G

row

ing

Most Job

Openings

High Pay

TERM

diagram: High Skill

Low Turnover

Training/ Education

Top TERM Occupations

Handout #5

Sample Options & Scenarios 3 examples

• “All” occupations listing (Handout #5) (notes #6)

– No restrictions on training & education requirements– 10 year employment forecast (2008 - 2018)

• Top Associates Degree Occupations (Handout #7)– Limited to Associates Degree occupations– 10 year employment forecast (2008-2018)

• Top “On the Job Training” Occupations (Handout #8)– Limited to “OJT” occupations– 10 year employment forecast (2008-2018)

Where can I find the TERM reports?

On left menu, Economic Analysis, then Employment Forecasts

Occupation Wage by Industry

Mean = Average

Industry=Employer Occupation=Employee

Occupation Wages by Industry

10th%ile = Bottom 10 percent make this amount or less

Median = Middle

90th%ile=Top 10 percent make this amount or more