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Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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Page 1: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

Labor Market Information All About Jobs

Workforce Professional Development AcademyOrlando, Florida

Bureau of Labor Market Statistics November 2013

Page 2: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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Labor Market Information (LMI) Mission

To Produce, Analyze, and Deliver Labor Statistics to Improve Economic Decision-

Making

Employment data are the state’s most important economic indicator

Page 3: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

LMI Statistics Produced/Delivered

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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

Page 4: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

LMI Facts

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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

Page 5: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

How is LMI Collected?

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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

Page 6: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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Who are the customers of Labor Market Statistics?

• Workforce / Economic Development Decision-Makers

• Employers / Job Seekers

• Education / Welfare Planners

• Career Counselors / Teachers / Students

• Economists / Policy Makers

• Elected Officials

• Media

Page 7: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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• 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

• Local Area Unemployment Statistics (LAUS)--Produces labor force, employment, unemployment, and unemployment rates based on a survey of households and a statistical model

• Employment Projections--Produces projections of employment by industry and occupation based on a survey of employers and statistical models

• Workforce Information--Provides statistical services such as publications, websites, training, GIS mapping, economic impact analysis, and customized reports by request

Bureau of Labor Market Statistics ProgramsThere are three main activities: data production, data analysis, data delivery

Page 8: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

Labor Force ConditionsOctober 2013, 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 November 22, 2013.

• The current unemployment rate of 6.7 percent was down from the recessionary high rate of 11.4 percent reported in 2009-10

• Florida’s unemployment rate has been below the national rate since March 2013

• Prior to March, Florida’s unemployment rate had been higher or equal to the national rate for 5 years (since February 2008)

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Area Labor Force Employment UnemploymentUnemployment

RateYear Ago

Unemployment Rate

Florida 9,396,000 8,770,000 625,000 6.7 8.2

United States 154,839,000 143,568,000 11,272,000 7.3 7.9

Page 9: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

Unemployment Rates, Florida and the United StatesJanuary 1974 – October 2013, 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 November 22, 2013.

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Recession

Florida

United States

• 1973 oil embargo• Multi-family housing market

Peak unemployment rate 11.9 percent, May 1975

• 1979 energy crisis• Tight monetary policy• Savings and loan collapse

• Defense spending declines• End of the Gulf War• Airlines deregulation

• IT bubble collapse• 9/11 events• Manufacturing outsourcing

• Oil prices• Housing bubble collapse• Financial crisis

Peak unemployment rate 11.4 percent, December 2009-March 2010

Page 10: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

Florida Unemployment Rates by CountyOctober 2013, 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 November 22, 2013.

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Page 11: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

Unemployment Rates in the Ten Most Populous StatesRanked 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 November 22, 2013.

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State

October 2013Unemployment Rate

(%)

October 2012 Unemployment Rate

(%)Texas 6.2 6.4 -0.2 Florida 6.7 8.2 -1.5 Ohio 7.5 6.9 0.6 Pennsylvania 7.5 8.0 -0.5 New York 7.7 8.4 -0.7 North Carolina 8.0 9.4 -1.4 Georgia 8.1 8.8 -0.7 California 8.7 10.1 -1.4 Il l inois 8.9 8.8 0.1 Michigan 9.0 9.1 -0.1

Change

Page 12: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

Nonagricultural EmploymentSeasonally Adjusted

• Florida’s jobs grew in October on an annual basis for the 39th consecutive month

• Florida’s job growth rate of 2.5 percent is the fastest rate since June 2006

• Florida is still down by 445,800 jobs from the pre-recession peak employment level (March 2007 to October 2013)

Seasonally Adjusted October 2013 October 2012 Change Percent Change

Florida 7,618,900 7,436,700 182,200 2.5%

United States 136,554,000 134,225,000 2,329,000 1.7%

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Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 22, 2013.Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

Page 13: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

Trade, Transportation, and Utilities Gained the Most Jobs Over the YearFlorida, October 2012 – October 2013, Seasonally Adjusted

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Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 22, 2013.Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

Trade, Transportation, and Utilities

Leisure and Hospitality

Professional and Business Services

Construction

Education and Health Services

Financial Activities

Other Services

Information

Manufacturing

Total Government

-10,000 10,000 30,000 50,000

Page 14: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

Nonagricultural Employment by IndustryFlorida, October 2013 (Seasonally Adjusted)

Construction4.9%Manufacturing

4.2%Trade, Transportation,

and Utilities21.0%

Information1.8%

Financial Activities6.7%

Professional and Business Services

14.6%

Education and Health Services14.9% Leisure and Hospitality

13.7%

Other Services4.2%

Total Government14.0%

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Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 22, 2013.Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

Page 15: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

Employment by IndustryOctober 2013, Seasonally Adjusted

Industry Florida

Total 7,618,900Trade, Transportation, and Utilities 1,602,000Education and Health Services 1,134,000Professional and Business Services 1,113,600Total Government 1,066,900Leisure and Hospitality 1,043,500Financial Activities 509,300Construction 373,700Other Services 317,500Manufacturing 317,300Information 135,400

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Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 22, 2013.Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

Page 16: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

Employment in the Ten Most Populous StatesRanked by Over-the-Year Level Change, Seasonally Adjusted

OctoberState 2013P Percent Change Level ChangeTexas 11,232,700 2.4% 267,400California 14,713,600 1.4% 207,300Florida 7,618,900 2.5% 182,200New York 8,931,200 1.1% 97,500Georgia 4,060,400 2.2% 85,800North Carolina 4,087,000 2.0% 80,100Michigan 4,101,500 1.8% 72,400Ill inois 5,825,800 1.0% 57,300Pennsylvania 5,763,900 0.5% 29,400Ohio 5,204,800 0.5% 27,200

October 2012 - October 2013P

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Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 22, 2013.Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

Page 17: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

Florida Total Nonagricultural EmploymentJanuary 1974 – October 2013, Seasonally Adjusted

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2,500,000

3,000,000

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Recession Total Nonagricultural Employment, SA

Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 22, 2013.Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

Page 18: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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Metro Area Nonagricultural Employment Change Over the YearOctober 2013, Not Seasonally Adjusted

Statewide 181,700Tampa-St. Petersburg-Clearwater MSA 39,800 Crestview-Ft. Walton Beach-Destin MSA 4,700Orlando-Kissimmee-Sanford MSA 29,100 Palm Bay-Melbourne-Titusville MSA 3,900Ft. Lauderdale-Pompano Beach-Deerfield Beach MD 18,900 Ocala MSA 3,100West Palm Beach-Boca Raton-Boynton Beach MD 12,600 Sebastian-Vero Beach MSA 3,000Jacksonville MSA 11,200 Gainesville MSA 2,400Miami-Miami Beach-Kendall MD 9,000 Deltona-Daytona Beach-Ormond Beach MSA 2,400Naples-Marco Island MSA 8,800 Pensacola-Ferry Pass-Brent MSA 2,000Port St. Lucie MSA 5,500 Lakeland-Winter Haven MSA 2,000Cape Coral-Ft. Myers MSA 5,300 Punta Gorda MSA 1,200North Port-Bradenton-Sarasota MSA 5,300 Palm Coast MSA -700Tallahassee MSA 4,800 Panama City-Lynn Haven-Panama City Beach MSA -2,200

Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released November 22, 2013.Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

Page 19: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

Average Annual Wages by IndustryFlorida, 2012

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Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Quarterly Census of Employment and Wages Program. Released October 2013.

Industry Annual Average WagesTotal, All Industries $43,210

Information $66,822Financial Activities $61,401Manufacturing $53,284Professional and Business Services $53,128Government $47,898Education and Health Services $45,165Construction $41,561Trade, Transportation, and Utilities $38,621Other Services $30,377Natural Resources and Mining $27,002Leisure and Hospitality $22,304

Page 20: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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Florida 2012 Final Average Annual Wages Range from $47,777 to $27,700

$39,514$39,728$39,907$40,088$40,259$40,287$40,773

$41,779$42,843$43,210$43,958$44,159$45,054

$46,895$47,015$47,043$47,777

$49,289

OkaloosaNassau

SarasotaLeon

SeminoleHamiltonAlachua

CollierOrangeFlorida

PinellasBrevard

BrowardHillsborough

Miami-DadeDuval

Palm Beach United States

Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Quarterly Census of Employment and Wages Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Market Statistics, 2012 Wage Data, released October 2013.

Page 21: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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$33,841$34,132

$34,784$34,847$34,908

$35,406$35,472$35,547

$35,894$36,491

$36,943$36,952$37,000

$37,177$37,676

$38,341$38,629

$39,439

MarionPutnamHendryVolusia

St LucieGladesCitrus

BaySumterTaylor

St JohnsPolk

ManateeIndian River

MonroeEscambia

LeeMartin

Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Quarterly Census of Employment and Wages Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Market Statistics, 2012 Wage Data, released October 2013.

Florida 2012 Final Average Annual Wages Range from $47,777 to $27,700

Page 22: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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$30,819$31,197

$31,467$31,658

$31,776$31,952

$32,167$32,196

$32,724$32,840

$33,159$33,218

$33,351$33,437

$33,535$33,744$33,764$33,799

WashingtonFlagler

BradfordWalton

JacksonHernando

OkeechobeeGadsden

LakeDesoto

GulfCharlotte

Santa RosaClay

ColumbiaUnionPasco

Osceola

Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Quarterly Census of Employment and Wages Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Market Statistics, 2012 Wage Data, released October 2013.

Florida 2012 Final Average Annual Wages Range from $47,777 to $27,700

Page 23: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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$27,700

$28,284

$28,491

$28,781

$28,871

$29,191

$29,194

$29,605

$29,617

$29,741

$29,821

$30,018

$30,315

$30,616

$30,776

Holmes

Franklin

Levy

Lafayette

Suwannee

Dixie

Calhoun

Madison

Highlands

Jefferson

Hardee

Gilchrist

Liberty

Baker

Wakulla

Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Quarterly Census of Employment and Wages Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Market Statistics, 2012 Wage Data, released October 2013.

Florida 2012 Final Average Annual Wages Range from $47,777 to $27,700

Page 24: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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Real-Time LMI Help-Wanted OnLineOccupations In Demand

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

Page 25: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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Real-Time LMI Help-Wanted OnLineEmployers With the Most Online Ads

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

Page 26: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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Real-Time LMI Help-Wanted OnLineLabor Supply vs. Labor Demand

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

Page 27: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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Real-Time LMI Help-Wanted OnLineEmployment vs. Labor Demand

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

Page 28: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

Fastest Growing Industries*Florida, Forecast to 2020

RANK INDUSTRY TITLE LEVEL PERCENT

1 Construction of Buildings 3,385 5.512 Heavy and Civil Engineering Construction 1,796 4.193 Specialty Trade Contractors 8,987 3.884 Nonmetallic Mineral Product Manufacturing 454 3.065 Ambulatory Health Care Services 11,718 2.866 Administrative and Support Services 14,013 2.737 Professional, Scientific, and Technical Services 11,680 2.558 Educational Services 4,033 2.559 Social Assistance 2,834 2.49

10 Nursing and Residential Care Facilities 4,191 2.32

* Includes industries with a minimum of 3,500 jobs in 2012.

ANNUAL CHANGE

Note: Because most industries experienced job declines in the economic downturn that began in 2007, some of the job growth projected in this forecast includes the recapturing of jobs lost since that time.

Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics. Released October 2012.

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Page 29: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

Industries Gaining the Most New JobsFlorida, Forecast to 2020

RANK INDUSTRY TITLE LEVEL PERCENT

1 Administrative and Support Services 14,013 2.732 Ambulatory Health Care Services 11,718 2.863 Professional, Scientific, and Technical Services 11,680 2.554 Food Services and Drinking Places 11,493 1.855 Local Government 9,544 1.296 Specialty Trade Contractors 8,987 3.887 Nursing and Residential Care Facilities 4,191 2.328 Educational Services 4,033 2.559 Hospitals 3,746 1.44

10 Construction of Buildings 3,385 5.51

ANNUAL CHANGE

Note: Because most industries experienced job declines in the economic downturn that began in 2007, some of the job growth projected in this forecast includes the recapturing of jobs lost since that time.

Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics. Released October 2012.

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Page 30: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

Fastest-Growing Occupations*Florida, Forecast to 2020

2012HOURLY EDUCATIONAL

RANK OCCUPATIONAL TITLE PERCENT LEVEL WAGE ATTAINMENT

1 Cost Estimators 4.53 470 28.06 CC Cert./Degree2 Home Health Aides 4.44 1,316 10.67 PSAV3 Personal and Home Care Aides 4.38 753 9.95 PSAV4 Cement Masons and Concrete Finishers 4.30 388 15.27 PSAV5 Veterinary Technologists and Technicians 4.11 278 14.30 CC Cert./Degree6 Drywall and Ceiling Tile Installers 3.95 207 16.25 PSAV7 Market Research Analysts and Marketing Specialists 3.95 470 28.21 Bachelor's8 Heating, A.C., and Refrigeration Mechanics and Installers 3.87 821 20.05 PSAV9 Diagnostic Medical Sonographers 3.80 190 28.50 PSAV

10 Nonfarm Animal Caretakers 3.67 422 10.53 Less than H.S.

ANNUAL GROWTH

*Includes occupations with a minimum employment greater than 4,000 jobs in 2011.

H.S.– High School, PSAV – Postsecondary Adult Vocational Certificate, CC Cert. – Community College Certificate.Note: Because most industries experienced job declines in the economic downturn that began in 2007, some of the job growth projected in this forecast includes the recapturing of jobs lost since that time.

Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics. Released October 2012.

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Page 31: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

Occupations Gaining the Most New Jobs Florida, Forecast to 2020

2012AVERAGE

ANNUAL GROWTH HOURLY EDUCATIONALRANK OCCUPATIONAL TITLE PERCENT LEVEL WAGE ATTAINMENT

1 Retail Salespersons 1.62 4,943 12.18 H.S.2 Registered Nurses 2.31 3,920 31.31 CC Cert./Degree3 Food Preparation & Serving Workers, Including Fast Food 2.24 3,650 8.89 Less than H.S.4 Waiters and Waitresses 1.82 3,346 10.22 Less than H.S.5 Customer Service Representatives 1.72 2,928 14.51 PSAV6 Office Clerks, General 1.75 2,534 12.91 H.S.7 Landscaping and Groundskeeping Workers 2.48 2,363 11.10 Less than H.S.8 Cashiers 1.11 2,296 9.53 H.S.9 Nursing Aides, Orderlies, and Attendants 2.12 1,914 11.64 PSAV

10 Receptionists and Information Clerks 2.32 1,796 12.55 H.S.

H.S.– High School, PSAV – Postsecondary Adult Vocational Certificate, CC Cert. – Community College Certificate.Note: Because most industries experienced job declines in the economic downturn that began in 2007, some of the job growth projected in this forecast includes the recapturing of jobs lost since that time.

Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics. Released October 2012.

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Page 32: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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Bureau of Labor Market Statistics Products and Services that Support Economic Development

Labor supply studies for business recruitment Labor cost analysis for business site selection Skills-matching analysis for reemploymentEconomic impact analysis for job creation / return on investmentGIS maps for business recruitment / economic development Vacancy / hiring needs surveys for reemploymentTargeted occupations for reemploymentTargeted industry profiles for job creationEmployer listings for business recruitmentCompetitive analysis for prison industry staffingCompetitive analysis for federal rural business loansTargeted Employment Areas (TEAs) for foreign investor programLabor shed and Census commuting patterns for job creationArea job market profiles

Page 33: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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Florida LMI Products and Services that SupportEconomic Development

Labor supply studies for business recruitment– Helps with business decisions related to having available

workers to hire

• Expanded occupational supply/demand system– Provides potential indicators of labor supply compared to

either long-term or short-term indicators of labor demand

Labor cost analysis for business site selection – Provides competitive/prevailing wage data by local area

Page 34: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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Florida LMI Products and Services that Support Economic Development

Skills-matching analysis for reemployment– Uses skills-matching information to determine new

opportunities for employment

Economic impact analysis for job creation / return on investment– Determines the impact using multiplier theory of new jobs in

an area

GIS maps for business recruitment / economic development – Shows addresses of job seekers searching for the

occupations demanded by the employer

Page 35: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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Florida LMI Products and Services that Support Economic Development

Vacancy / hiring needs surveys for reemployment– Surveys employers about their unmet hiring needs by

occupation

Targeted occupations for reemployment– Determines high demand/high wage occupations to meet

employer needs

Targeted industry profiles for job creation– Provides industry and occupational characteristics of

targeted sectors

Page 36: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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Florida LMI Products and Services that Support Economic Development

Employer listings for business recruitment– Provides employer names by industry or area based on

contractual agreements

Competitive analysis for prison industry staffing– Determines if the use of prison workers will negatively

impact competing employers

Competitive analysis for federal rural business loans– Determines if providing loans may negatively impact

competing employers

Page 37: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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Florida LMI Products and Services that Support Economic Development

Targeted Employment Areas (TEAs) for foreign investor program (EB-5)– Calculates unemployment rates by census tract to help

determine eligibility

Census commuting patterns for job creation– Maps where workers live and work between counties

Labor Shed Analysis– Provides a flexible tool to understand the local labor

market and make informed expansion and site selection decisions

Page 38: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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Detail on Labor Supply Studies for Business Recruitment

Labor supply for business recruitment and job creation

– Use O*Net for related occupations

– Collect:

Those currently working

Those seeking work

Those recently trained

Page 39: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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Detail on Labor Supply Studies for Business Recruitment

Labor supply for business recruitment and job creation

• Determine occupational titles that the business prospect is seeking to hire

• Take those occupations and use O*Net to enlarge the list to include occupations with transferable skills

• Collect occupational data below to reflect potential labor supply for the business prospect using the enlarged list

— Include occupational employment of those currently working in the geographic area that the prospect is considering

— Include number of enrollees, completers, and graduates of programs matched with the occupations needed by the business prospect

— Include number of job seekers looking for work in the occupations needed by the business prospect

• Add together all sources of potential labor supply to be provided to the site consultant or business prospect

Page 40: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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Detail on Florida’s Occupational S/D SystemFlorida applied for and won a competitive grant from the U.S. Department of Labor; Workforce Data Quality Initiative for $1 million (2010-2013)

The grant is funding the new Occupational Supply/Demand System (S/D) which will be the most comprehensive and timely system available in the nation

The S/D system is designed to improve education and training alignment to better meet the hiring needs of business

The S/D system is designed for business, workforce, education, economic development, job seekers, and students

The data are by statewide and region and will be web based

Page 41: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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Florida’s Supply/Demand System

The indicators of Potential Labor Supply by occupation are:

Workforce, public and private postsecondary education (enrollees and completers by occupation)Job seekers registered at career one-stop centers

The indicators for Labor Demand are:The Conference Board’s Help Wanted OnLine (HWOL) data series of monthly job ad openings by occupation (for short-term analysis)DEO LMS average annual projected openings by occupation (for long-term analysis)

Other Information:Current employment, wages, and education required by occupation

Page 42: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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How will the data be used to help Florida and the economy?

Workforce and education will use the data to create better alignment of education and training offerings in meeting occupational demands of business

Economic developers will have the most comprehensive and timely occupational S/D data readily available to support business recruitment in their analysis of available labor supply

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

Page 43: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

Occupation Total SupplyShort Term Demand

Ratio of Supply to Demand

Supply Gap or Overage

CURR YR EMP

ENTRY WAGE MEDIAN WAGE EXP WAGE

FL EDUC LEV *

First-Line Supervisors of Food Preparation and Serving Workers**

4,101 7,762 0.53 -3,661 42,240 $11.24 $15.67 $19.17 3

Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products

1,519 4,133 0.37 -2,614 80,117 $14.07 $23.19 $35.06 3

First-Line Supervisors of Retail Sales Workers**

4,949 7,431 0.67 -2,482 95,834 $12.82 $18.66 $25.22 3

Insurance Sales Agents 1,475 3,528 0.42 -2,053 48,536 $14.49 $21.52 $37.04 3

Web Developers 1,215 3,254 0.37 -2,039 N/R N/R N/R N/R 3

Securities, Commodities, and Financial Services Sales Agents

976 2,796 0.35 -1,820 18,321 $17.57 $30.38 $52.70 5

Occupational Therapists 322 1,891 0.17 -1,569 6,288 $23.47 $36.32 $41.63 6

Physical Therapists 573 2,095 0.27 -1,522 12,284 $28.11 $37.93 $44.13 6

First-Line Supervisors of Non-Retail Sales Workers

615 1,755 0.35 -1,140 29,864 $23.10 $35.71 $52.95 4

First-Line Supervisors of Construction Trades and Extraction Workers***

1,006 2,036 0.49 -1,030 43,995 $19.02 $27.18 $33.72 4

First-Line Supervisors of Mechanics, Installers, and Repairers**

911 1,782 0.51 -871 21,153 $19.18 $27.87 $33.51 3

Industrial Engineers 333 1,037 0.32 -704 9,356 $21.08 $32.51 $39.58 5

Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products

1,332 1,995 0.67 -663 30,516 $20.24 $32.51 $47.41 3

Speech-Language Pathologists 516 1,105 0.47 -589 5,972 $23.35 $32.93 $38.77 6

Physician Assistants 185 768 0.24 -583 4,061 $30.84 $42.09 $48.54 5

Florida Occupational Supply/Demand System – TOP 15 STATEWIDE JOBS IN UNDERSUPPLY

* FL EDUCATION LEVELS 1 = < Than HS 2= High School 3=1 YR certificate 4= College Credit 5=Bachelor’s Degree 6=Master’s and Higher

Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, November 2013

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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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Page 45: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

Site Selection Factors for Job Creation

Data available from Labor Market StatisticsSource: Area Development Site and Facility Planning, 2012 Corporate Survey.

1. Labor costs 13T. Environmental regulations

2. Highway accessibility 15. Expedited or “fast-track” permitting

3. Availability of skilled labor 16. Inbound/outbound shipping costs

4. Availability of advanced ICT services 17. Availability of long-term financing

5. Occupancy or construction costs 18. Available land

6. Energy availability and costs 19. Proximity to suppliers

7. Corporate tax rate 20. Training programs

8. Available buildings 21. Accessibility to major airport

9. Tax exemptions 22. Proximity to technical/training

10. Low union profile 23. Raw materials availability

11. Right-to-work state 24. Railroad service

12. Proximity to major markets 25. Availability of unskilled labor

13. State and local incentives 26. Waterway or oceanport accessibility

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Page 46: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

Executive Summary of Reemployment Workshop

1. Determine occupations on layoff2. Determine related occupations3. Determine industries that hire those occupations4. Determine which industries are growing/hiring

workers5. Select employers6. Market jobseekers to employers

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Other LMI ServicesTargeted 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 Career Center LMI training for reemployment

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Other LMI Services

Training for career counselors and teachers for career planning and reemployment

Monthly employment press releases for media relations

Real-time LMI -- Help Wanted OnLine (HWOL) for jobs in demand

TORQ (Transferable Occupation Relationship Quotient) for skills matching and skills gap analysis

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LMI Electronic Tools

LMS Websitehttp://www.floridajobs.org

FREIDA (Florida Research and Economic Information Database Application)http://www.freida.labormarketinfo.com/

Floridawages.comhttp://www.floridawages.com

WPAA (What People are Asking) http://www.whatpeopleareasking.com

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LMI Electronic ToolsLED (Local Employment Dynamics)

http://www.labordynamics.com

O*Net (Skills Analysis/Related Occupations)http://www.online.onetcenter.org

TORQ (Transferable Occupation Relationship Quotient) http://www.torqlab.com

HWOL (Help Wanted OnLine) Data Series http://www.wantedanalytics.com

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Publications / PostersFor Career Development / Job Search / Business Recruitment/Job Creation/Reemployment

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

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Note: Data are displayed by Census 2010 block groups from block level data.Source: U.S. Department of Commerce, Census Bureau, Longitudinal Employer-Household Dynamics (LEHD), 2011 Origin Destination Data – All Jobs.Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, July 2013.

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Note: Data are displayed by Census 2010 block groups from block level data.Source: U.S. Department of Commerce, Census Bureau, Longitudinal Employer-Household Dynamics (LEHD), 2011 Origin Destination Data – All Jobs.Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, July 2013.

Page 54: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

Density of Job Seekers in Workforce Region 12

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Note: Density calculations create a realistic interpretation of values displaying the predicted distribution of the data over a continuous surface.Job seekers include individuals registered in Employ Florida Marketplace (EFM) between 09/01/2012 and 02/28/2013.Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, April 2013.

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Page 56: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

Potential Employees in Aircraft Manufacturing

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Page 57: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

Location of Firms in Aviation and Aerospace

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Page 60: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

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

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Professional degree

Doctoral degree

Notes: Unemployment and earnings for workers 25 and older; earnings for full-time wage and salary workers. 2012 Weekly Median Earnings (multiplied by 52 weeks).Source: Bureau of Labor Statistics, Current Population Survey, January 2013.

Education and Training pay …2012 Annual Average

Page 61: Labor Market Information All About Jobs Workforce Professional Development Academy Orlando, Florida Bureau of Labor Market Statistics November 2013

FloridaDepartment of Economic Opportunity

Bureau of Labor Market Statistics

Caldwell BuildingMSC G-020

107 E. Madison StreetTallahassee, Florida 32399-4111

Phone (850) 245-7257

Rebecca [email protected]

http://www.floridajobs.orghttp://www.freida.labormarketinfo.com

http://www.floridawages.comhttp://www.whatpeopleareasking.com

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