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Numbers and charts and statistics—Oh my! How To Make Sense of LMI

Numbers and charts and statistics—Oh my! How To Make Sense of LMI. Lorraine Faulds Workforce Intelligence Coordinator Labor Market Information Department SC Department of Employment & Workforce. Kind of obvious—information about the labor market!

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Numbers and charts and statistics—Oh my! How To Make Sense of LMI

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  1. Numbers and charts and statistics—Oh my!How To Make Sense of LMI Lorraine Faulds Workforce Intelligence Coordinator Labor Market Information Department SC Department of Employment & Workforce

  2. Kind of obvious—information about the labor market! • A labor market is whatever area people are willing to drive to for employment. • LMI includes information about: • Industries (what kind of companies) • Occupations (the jobs) • Wages (Show me the money!) • Employment and unemployment  • It also includes sharing data produced by other agencies that helps in understanding the labor market… • Characteristics about the population (Census) • Career exploration (for students and re-starters) What is Labor Market Information (LMI)?

  3. What questions to you get about the labor market? What jobs are out there? What jobs will be out there in the future? What do jobs pay in this area? What kinds of companies are in this area? What are the biggest companies in this area?

  4. What other questions do you get? What is the unemployment rate in this area? What is the age/race/gender/ education of the population in this area?

  5. Basic Labor Market Information “data sets” Employment Labor Force Projections

  6. Place of residence vs. Place of work Industry vs. occupation Geography Coding systems Census vs. survey First, some basic concepts to help you understand…

  7. CONCEPT: Place of Residence vs. Place of Work Place of residence vs. Place of work Sometimes called household survey/data Sometimes called payroll survey/data

  8. CONCEPT: Industry vs. Occupation Industry vs. occupation Industry, business, employer Job, career, worker

  9. CONCEPT: Geography The average number of counties per state is 62. The state with the most counties is Texas with 254. The state with fewest is Delaware with three.

  10. CONCEPT: Coding Systems INDUSTRIAL OCCUPATIONAL • 21-1000 Counselors, Social Workers, and Other Community and Social Service Specialists • 21-1010 Counselors • 21-1015 Rehabilitation Counselors • 62 Healthcare And Social Assistance • 624 Social Assistance • 6243 Vocational Rehabilitation Services North American Industry Classification System (NAICS) Standard Occupational Classification (SOC)

  11. CONCEPT: Census vs. Survey Everybody in the pool!! Sample

  12. Four kinds: The universe The monthly “fill-in” survey By Occupation By Residence DATA SET: Employment Uses Unemployment Insurance records to count every employer Quarterly Census of Employment & Wages (QCEW) Uses a sample to allow more frequent data release Current Employment Statistics (CES) Uses a sample based on where workers work Occupational Employment Statistics (OES) Uses a sample based on where workers live Local Area Unemployment Statistics (LAUS) (There is actually one other kind of employment: Projected Employment. We’ll get to that later!!)

  13. Quarterly Census of Employment & Wages (QCEW) • Uses employment levels and wages paid from the UI tax system to capture data. • Reported by employers (i.e. place of work or payroll data) and categorized by industry (type of company) • Reported quarterly • Large volume of data • Long lag time (up to 1 year--need lots of time for employers to respond and for data to be screened) DATA SET: Employment--Universe http://www.bls.gov/cew/

  14. DATA SET: Employment--Monthly • Current Employment Statistics (CES) • Uses a sample to allow more frequent data release (“fresher” data) • Categorized by industry (type of company) • Reported monthly (usually along with the unemployment rate) http://www.bls.gov/ces/

  15. Occupational Employment Statistics (OES) • Uses a sample of employers (payroll data) • Categorized by occupation • Reported annually • Also captures wages (entry, average, experienced; hourly and annual) DATA SET: Employment—by Occupation http://www.bls.gov/regions/countywagesandemployment.htm

  16. Local Area Unemployment Statistics (LAUS) • Uses the Current Population Survey (CPS) which includes about 60,000 households across the country (110,000 individuals) • Released as “labor force,” “employment,” “unemployment,” and the “unemployment rate” DATA SET: Employment—By Residence http://www.bls.gov/lau/

  17. Employed: Persons 16 years old or older who worked for pay any time during the week that included the 12th of the month. Unemployed: Persons 16 years old or older who are not working but want a job, and are able and willing to work. Labor Force: Employed plus unemployed. Unemployment Rate: Unemployment divided by labor force. DATA SET: Labor Force Definitions

  18. Unemployment Rate (for L. Savannah)

  19. Marginally Attached Individuals not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. Discouraged Workers Persons not currently looking for work because they believe no jobs are available for them. Involuntary Part-time Persons working part time because their hours had been cut back or because they were unable to find a full-time job. U-3 Rate (official rate): 8.2% U-6 Rate (includes these three groups): 14.8% What about…

  20. Occupational Projections • Uses occupational data from the OES to forecast future occupation needs • Released as short-term (2 years) or long-term (10 years) • Uses projections software + analyst experience and knowledge of the local area • Useful for workforce, economic, educational planning DATA SET: Projections http://www.doleta.gov/business/projections/docs/internetlinks.pdf

  21. US Census • Universe every 10 years (decennial) • Annual releases based on universe and survey Demographics: Population Characteristics http://www.census.gov/ Annual data: http://factfinder2.census.gov/faces/nav/jsf/pages/index.xhtml

  22. Population in Pike County, Mississippi

  23. You don’t have to wait 10 years between Censuses. American Fact Finder produces data annually. Population Characteristics

  24. www.census.gov

  25. www.census.gov • Interesting sections include: • Facts for Features • Example: # of florists in the US=18,509 (for Valentine’s Day) • The Statistical Abstract • Per capita consumption of beverages by type • Number of Federal drug arrests and seizures by drug type

  26. www.bls.gov

  27. www.bls.gov • Use “Subject Areas” tab to see a list of all topics on the website • Some great publications: • Monthly Labor Review (great feature articles) • Occupational Outlook Quarterly & Occupational Outlook Handbook • Spotlight on Statistics • Career Guides

  28. LMI Around the Country HANDOUT: List of LMI websites

  29. Tour of some LMI websites

  30. LMI Around the World International Labour Organization http://www.ilo.org/empelm/lang--en/index.htm LABORSTA is an International Labour Office (ILO) database on labour statistics operated by the ILO Department of Statistics and contains data and metadata for over 200 countries or territories http://laborsta.ilo.org/

  31. A plug for WPDP! LABOR MARKET INFORMATION SPECIALIST Connecting Workforce Development with Labor Market Information: The One-Stop Delivery System, America’s Labor Market Information System Labor Market Information Overview LMI Concepts and Measures: Labor Force Concepts and Measures, Projections Models BLS Programs: QCEW Quarterly Census of Employment and Wages Program, CES Current Employment Statistics Program, LAUS Local Area Unemployment Statistics Program, OES Occupational Employment Statistics Program, MLS Mass Layoff Statistics Program Occupational Projections Process Non-BLS Programs: Unemployment Insurance Reporting Requirements, Employment Service Reporting Requirements, Occupational and Career Information Activities, Other LMI Activities http://www.iawponline.org/wpdp.html

  32. Other LMI Training Opportunities NAWDP: www.nawdp.org LMI is one of their 10 competencies LMI Training Institute: http://lmiontheweb.org/ Several classes for all levels of experience, both onsite and online Dynamic Works Institute: www.dynamicinstitute.com They have a few online classes for LMI

  33. Questions?

  34. Contact Me… Lorraine Faulds SC DEW, LMI Department lfaulds@dew.sc.gov 803-737-2714

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