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The LMI Shop of the Future

The LMI Shop of the Future. George Nazer, Director Economic and Labor Market Information Bureau New Hampshire Employment Security 1999 ICESA LMI Director’s Conference Newport, Rhode Island November 9, 1999. Where Will LMI Shops Be In 2010?. Fully recovered from Y2K

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The LMI Shop of the Future

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  1. The LMI Shop of the Future George Nazer, Director Economic and Labor Market Information Bureau New Hampshire Employment Security 1999 ICESA LMI Director’s Conference Newport, Rhode Island November 9, 1999

  2. Where Will LMI Shops Be In 2010? • Fully recovered from Y2K • We will all be managing in the virtual office/telecommuting world • We will be readying for a second revision of NAICS • Alan Greenspan will still be using our numbers • New legislation will have just been adopted to replace WIA, prompting widespread planning for implementation • Wondering where the dollars went

  3. But seriously, folks. . . • Why does LMI have to change? • What will we produce? • How will it be collected and produced? • How will we deliver our products?

  4. WIA is the beginning of change. . . • WIA is creating a true employment statistics system for implementation nationwide • There is a broadened base of what constitutes core LMI • The new system will be more responsive to users’ needs • A formal mechanism now exists for our direct feedback and involvement in how the system will incorporate change over time

  5. Traditional employer and workforce information will still be needed • What do firms produce? • Where are businesses located? • Who do employers hire? • What do jobs pay? • Where is unemployment highor low? • What is the labor force profileat a given point in time? • What workers are available? But all that is only half the picture. . . .

  6. How firms do business has changed . . . The factory of the future will have only two employees, a man and a dog. The man will be there to feed the dog. The dog will be there to keep the man from touching the equipment. -- Warren Bennis

  7. How firms do business has changed . . . • downsizing is business strategy • employee leasing is business strategy • contract employment is business strategy • telecommuting is becoming business strategy . . . and businesses now demand a more flexible workforce

  8. Workers are beginning to adjust to new employer needs. . . • self-employment is one worker response • short job tenure as workers become more willing to change jobs and employers • lifelong learning and career transformation accepted as an individual responsibility . . . and society is making changes to maintain the balance between employer and worker needs

  9. Major labor exchange issues in the process of resolution. . . • fewer defined pension plans • portable pension accounts • individual (portable) health programs will emerge • self-service job search environment • expansion of unemployment insurance to self-employed, part-time employed • improved access to and availability of training opportunities

  10. Demand for a more flexible workforce leads to. . . . • More flexible LMI system • Custom LMI accounts • Tracking what informationa customer has used • Individual assessment of LMI results • New types of LMI . . . a new LMI World

  11. All these changes will affect LMI programs and products . . . • Expanded Current Population Survey as each State’s responsibility • LMI shops will be involved in long-run cohort surveys and studies • Track job shifting (shades of Job Openings and Labor Turnover!) • Better tracking of education and occupational experience • Improved link between occupations and educational requirements

  12. Increased LMI Integration With Career Exploration, Planning, and Training • Everyone exposed to lifelong career information and market economic outcomes • Continual reevaluation of the relationship between work and education • Differently abled presented with expanded opportunities as technology changes how job tasks are done and information is delivered • “Virtual Job Experience Encounters” developed as LMI and career information tool

  13. “Virtual Job Experience” • next step beyond career videos • put students/potential trainees into the virtual workplace • offer sense of what jobs/careers require and how tasks are performed • visual, aural, tactile, olfactory

  14. To adapt to changes, there will be increased standardization • The federal-state cooperative statistical and information programs will rely increasingly on “modular” or “turn-key” components to ensure uniformity, comparability, and additivity • States will build more information at the local level • States will increasingly rely on their ability to interpret data trends at the state and local levels

  15. Delivery will be one of the biggest changes -- and the biggest challenge • Immediate expansion of LMI availability via Internet and world wide web • Fuller utilization of faster cables. . . • . . .or wireless communication systems • application of “virtual reality” technology to LMI products and delivery • Faster data gathering and distribution

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