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Workforce Development Board of Okaloosa and Walton Counties All About Jobs

Workforce Development Board of Okaloosa and Walton Counties All About Jobs. Bureau of Labor Market Statistics October 2013. Labor Market Information (LMI) Mission. To Produce, Analyze, and Deliver Labor Statistics to Improve Economic Decision-Making

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Workforce Development Board of Okaloosa and Walton Counties All About Jobs

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  1. Workforce Development Board of Okaloosa and Walton CountiesAll About Jobs Bureau of Labor Market Statistics October 2013

  2. 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

  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

  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

  5. How is LMI Collected? Thanks to employers …. Without them we would not be able to provide data Sample-Designed Statistical Surveys from employers Econometric Modeling developed by U.S. Bureau of Labor Statistics Administrative Records from Reemployment Assistance

  6. 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

  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

  8. Labor Force Conditions August 2013, Not Seasonally Adjusted • The unemployment rate in Okaloosa County at 4.7 percent is lower than the state and nation • The current Okaloosa County rate has declined by 4.1 percentage points from the recent peak of 8.8 in January 2010 • The unemployment rate in Walton County at 4.1 percent trailed only Monroe County (4.0 percent) for the lowest rate in the state • The current Walton County rate has declined by 5.5 percentage points from the recent peak of 9.6 in January 2010 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 September 20, 2013.

  9. Okaloosa / Walton Counties and Florida Unemployment RatesJanuary 1990 – August 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 September 20, 2013.

  10. Unemployment Rates, Florida and the United States January 1974 – August 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 September 20, 2013.

  11. Florida Unemployment Rates by County August 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 September 20, 2013.

  12. 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 September 20, 2013.

  13. Nonagricultural Employment Not Seasonally Adjusted • The Crestview-Ft. Walton Beach-Destin MSA gained jobs over the year at a faster rate than the state and nation • During the most recent recession, the Crestview-Ft. Walton Beach-Destin MSA’s job growth rate declined to -4.5 percent in December 2007 and has since improved to +3.1 percent in August 2013 Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released September 20, 2013. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

  14. Trade, Transportation, and Utilities Gained the Most Jobs Over the YearAugust 2012 – August 2013 (Not Seasonally Adjusted) Crestview-Ft. Walton Beach-Destin MSA Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released September 20, 2013. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

  15. Nonagricultural Employment by Industry August 2013 (Not Seasonally Adjusted) Crestview-Ft. Walton Beach-Destin Beach MSA Florida 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 September 20, 2013. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

  16. Employment by IndustryAugust 2013 (Not Seasonally Adjusted) Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released September 20, 2013. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

  17. Employment in the Ten Most Populous States Ranked by Over-the-Year Level Change, Seasonally Adjusted Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released September 20, 2013. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

  18. Crestview-Ft. Walton Beach-Destin MSA Nonagricultural EmploymentJanuary 1990 – August 2013, Not Seasonally Adjusted Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released September 20, 2013. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

  19. Nonagricultural Employment Change Over the Year by Metro AreaNot Seasonally Adjusted, August 2013 Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released September 20, 2013. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

  20. Average Annual Wages by Industry Okaloosa / Walton Counties and Florida, 2012 Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Quarterly Census of Employment and Wages Program. Released June 2013.

  21. Florida Average Annual Wages Range from $47,779 to $27,700 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 June 2013.

  22. Florida Average Annual Wages Range from $47,779 to $27,700 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 June 2013.

  23. Florida Average Annual Wages Range from $47,779 to $27,700 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 June 2013.

  24. Florida Average Annual Wages Range from $47,779 to $27,700 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 June 2013.

  25. 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.

  26. Real-Time LMI Help-Wanted OnLineDirect Employers With the Most Online Ads, September 2013Okaloosa and Walton Counties Source: The Conference Board, Help Wanted OnLine. Prepared by: The Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

  27. Fastest Growing Industries* Workforce Region 2 (Okaloosa and Walton counties) Forecast to 2020 * Includes industries with a minimum of 210 jobs in 2012. 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 January 2013.

  28. Industries Gaining the Most New Jobs Workforce Region 2 (Okaloosa and Walton counties) Forecast to 2020 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 January 2013.

  29. Fastest-Growing Occupations*Workforce Region 2 (Okaloosa and Walton counties) Forecast to 2020 *Includes occupations with a minimum employment of 50 jobs in 2012. 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 January 2013.

  30. Occupations Gaining the Most New Jobs Workforce Region 2 (Okaloosa and Walton counties) Forecast to 2020 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 January 2013.

  31. Florida LMI Products and Services That Support Economic 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

  32. 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

  33. 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

  34. 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

  35. Florida LMI Products and Services That Support Economic Development • Targeted Employment Areas (TEAs) for foreign investor program • Calculates unemployment rates by census tract to help determine eligibility • Census commuting patterns for job creation • Maps where workers live and work between counties

  36. 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

  37. Detail on Florida’s Occupational S/D System Florida 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

  38. 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

  39. 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

  40. Example of data…. Computer Systems Analysts Labor Supply / Demand Indicators by Occupation

  41. LMI Services • Localized labor market overviews / presentations for job creation and reemployment • One-Stop Career Center LMI training for reemployment • Training for career counselors and teachers for career planning and reemployment • Monthly employment press releases for media relations • Census statistics including occupational commuting patterns for job creation • Real-time LMI -- Help Wanted OnLine (HWOL) for jobs in demand • TORQ (Transferable Occupation Relationship Quotient) for skills matching and skills gap analysis

  42. 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

  43. LMI Electronic Tools LED (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

  44. 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

  45. Note: Data are displayed by Census 2010 block groups from block level data. Source: U.S. Department of Commerce, Census Bureau, Local Employer-Household Dynamics (LEHD), 2010 Origin Destination Data – All Jobs. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, October 2012.

  46. Note: Data are displayed by Census 2010 block groups from block level data. Source: U.S. Department of Commerce, Census Bureau, Local Employer-Household Dynamics (LEHD), 2010 Origin Destination Data – All Jobs. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, October 2012.

  47. Density of Job Seekers in Workforce Region 2 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, March 2013.

  48. Potential Employees in Aircraft Manufacturing

  49. Location of Firms in Aviation and Aerospace

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