Florida Career Professionals Association Melbourne, Florida

1. Department of Economic Opportunity Bureau of Labor Market Statistics Florida Career Professionals AssociationMelbourne, Florida June 18, 2014

2. Labor Market Information 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 • 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 April 2014, Seasonally Adjusted The current unemployment rate of 6.2 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 April 2013 (12 consecutive months) Prior to April, Florida’s unemployment rate had been higher or equal to the national rate for 5 years (since February 2008) 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 January 24, 2014.

9. Florida Unemployment Rates by County April 2014, 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 May 16, 2014.

10. 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 May 16, 2014.

11. Nonagricultural Employment April 2014, Seasonally Adjusted Florida’s jobs grew in April on an annual basis for 45 consecutive months Florida’s job growth rate of 3.3 percent in April 2014 was the 2nd consecutive month the state reported annual job growth at 3.0 percent or above Florida’s job growth rate has exceeded the national rate since April 2012 Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released May 16, 2014. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

12. Florida Total Nonagricultural EmploymentJanuary 1974 – April 2014, Seasonally Adjusted Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released May 16, 2014. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

13. Labor Market Information Online Websites and Web Applications LMI TOOLS

14. Websites: Labor Market Statistics (LMS) Census Bureau Occupational Information Network (O*NET) Employ Florida Marketplace Web Applications: Florida Research and Economic Information Data Base App (FREIDA) Florida Occupational Employment and Wages (Florida Wages) What People Are Asking (WPAA) Local Employment Dynamics/Quarterly Work Indicators (LED/QWI) Florida’s Career Information Delivery System (CHOICES) Transferable Occupation Relation Quotient (TORQ) Help Wanted OnLine (HWOL) Data Series Labor Market Information Online Tools

15. Allows users to view or download Florida’s labor market data and products online in complete report formats. LMS Home Page: http://www.floridajobs.org/labor-market-information Labor Market Statistics (LMS) Website

16. Latest Statistics Statistical Programs Florida Census Data Center GIS Mapping Reports STEM Jobs in Demand Publications Labor Market Statistics (LMS) Website

17. Provides comprehensive economic and labor market information based on easy to use customer-defined data queries. FREIDA Home Page: http://freida.labormarketinfo.com/ Florida Research and Economic Information Database App (FREIDA)

18. Florida Research and Economic Information Database (FREIDA) cont’d • FREIDA – Florida’s Research and Economic Information Databasehttp://freida.labormarketinfo.com • Internet-based labor market and economic data base for analysts, businesses, and jobseekers • Designed to • View current and historical data • Ability to • Create, view, export, and print your own tables and profiles by area, industry, or occupation • Customize your own regions, graphs, maps

19. Provides detailed occupational employment and wage information based on user-defined queries which can than be compared to similar information for other areas, industries or related occupations. Florida Wages Home Page: http://www.floridawages.com/ Florida Occupational Employment and Wages (Florida Wages)

20. Provides employers and jobseekers a look at industry and occupational forecasts, current pay levels, occupational profiles, and workforce availability for Florida and the workforce regions based on a defined set of frequently asked questions. WPAA Web Page: http://www.whatpeopleareasking.com/index.shtm What People Are Asking (WPAA)

21. 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? • 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? What People Are Asking (WPAA) Internet based FAQs – http://www.whatpeopleareasking.com

25. Provides comprehensive information on key attributes and characteristics of workers and occupations. O*NET Home Page: http://www.onetcenter.org/ Occupational Information Network (O*NET)

27. Help Wanted OnLineTM from The Conference Board is a measure of real-time labor demand captured through online job ads. HWOL Home Page:http://www.wantedanalytics.com/hdd Help Wanted OnLine (HWOL)

28. Real-Time LMIHelp Wanted OnLine ™ (HWOL) States are to train workers for jobs in demand, according to the Workforce Investment Act What are states to do in the depths of a recession when traditional LMI shows little or no jobs in demand? Traditional LMI is based on net job gains and losses by month In Florida, during the recession all industries were in decline except healthcare Could all of Florida’s one million unemployed work in healthcare?

29. Real-Time LMIHelp Wanted OnLine ™ (HWOL) States need to catch the churning in the job market Industries with a net decline in employment still have hiring needs The answer: Real-Time LMI Conference Board; Help-Wanted OnLine (HWOL) Real-Time LMI is unduplicated job openings (ads) by occupation obtained by spidering technology

30. Real-Time LMIHelp Wanted OnLine ™ (HWOL) Help Wanted OnLine (HWOL) is unduplicated job openings (ads) by occupation obtained by spidering technology Source of job ads is The Conference Board The Conference Board was established in 1916 and has been one of the leading private sector international economic forecasting firms with offices in New York City, Europe, and China The Conference Board publishes economic data series including the Consumer Confidence Index and Leading Economic Indicators The Conference Board has been publishing data on labor demand since the 1950s

31. Benefits of Real-Time LMI Currency (continuously updated) Geographically comprehensive Nation, State, MSA, County, City Actual posted openings—not an estimate Has proven to be a leading indicator May include new and emerging occupations Useful for keyword searches Industry specific searches STEM Supplement to traditional LMI—not a replacement

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

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

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

35. 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.

36. Help-Wanted OnLineSTEM Occupations In Demand Source: The Conference Board, Help Wanted OnLine. Prepared by: The Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

37. Help-Wanted OnLineCounties 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.

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

39. Detail on Florida’s Occupational Supply / Demand System Florida applied for and won a competitive grant from the U.S. Department of Labor, ETA; Workforce Data Quality Initiative for $1 million The grant has funded the new Florida Occupational Supply/Demand System (S/D) which is the most comprehensive and timely system available in the nation The S/D system has been designed to improve education and training alignment to better meet the hiring needs of business The S/D system has been designed for business, workforce, education, economic development, job seekers, and students The web-based data are statewide and by region

40. Florida’s Supply/Demand System • The indicators of Potential Labor Supply by occupation are: • Workforce, public and private postsecondary education (enrollees completers, and graduates by occupation based on CIP-SOC) • Job seekers registered at career 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

41. 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 the hiring demands of business Economic developers will have the most comprehensive and timely occupational data to determine available labor supply to support business recruitment 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

42. The Sources of Potential Labor Supply by occupation are: FLORIDA COLLEGE SYSTEM (FCS) STATE UNIVERSITY SYSTEM (SUS) COMMISSION FOR INDEPENDENT EDUCATION (CIE) Postsecondary education & WORKFORCE supply DISTRICT POST-SECONDARY CAREER & TECHNICAL EDUCATION (DPSEC) INDEPENDENT COLLEGES & UNIVERSITIES OF FLORIDA (ICUF) WORKFORCE INVESTMENT ACT PARTICIPANTS (WIA) REGISTERED JOB SEEKERS IN WORKFORCE INFORMATION SYSTEM (JS)

43. Explanation of Supply/Demand Report Information… Regional Report • Enrollees on the Supply/Demand report are signified with an –E suffix following the Supply acronym while Completers/Graduates are indicated by a -C suffix. • Notice that items in BLUEare used in creating the Total Supply(also in BLUE). • REGIONAL Reports DO NOT include ICUF and SUS data in total supply as university graduates • are considered statewide supply and are not parsed to a regional level. They are provided as • informational supply only. • STATEWIDE Reports DO include University graduates. When reviewing occupations for potential new training programs or programs to reduce, one should always review both the Regional and Statewide Reports. Statewide Report

44. Explanation of Supply/Demand Report Information (Continued) … Total Supply is contrasted against Short Term Demand Total Supply of 935 vs. Short-Term Demand of 1,499 leaves a “Gap” of -564 trained individuals …and a ratio of .62 persons for each job ad existing • Other Information: • Current employment, wages, and education required by occupation Fl. Education Levels 1=<HS 2=HS 3=Postsecondary Adult Vocational (PSAV) 4=College Credit 5= Bachelor’s 6= Master’s or higher

45. Short-Term Demand -- This data series is based on employer generated job ads advertised on the internet. The source is The Conference Board’s Help Wanted OnLine data series which scrapes over 1,200 job boards. The data are available monthly and have been processed to reduce duplicate job ads. Long-Term Demand -- This data series is based on average annual openings based on Long-Term projections produced by the Occupations Projections program in DEO’s Bureau of Labor Market Statistics. These data are based on projected occupational growth and separations (includes projections of retirements and those changing occupations, not simply changing jobs). How do they Differ? Short-term demand is based upon ads resulting from occupational growth, separations, and job churning. Job churning is the voluntary movement of workers from one job to another, usually due to seeking a better job opportunity. As a result, Short-Term demand can exceed Long-Term demand.

46. How often are the data updated?

47. Data Caveats Enrollees may or may not complete training Completers may already have a job or may have moved out of the geographic area Most jobseekers do not register with the career one-stop centers and for those registered they may or may not be qualified for the job they are seeking Not all jobseekers have their desired occupation identified in the system Job openings only include internet job ad postings (not all jobs are posted on the internet)

48. Data Caveats (continued) The job ads have been de-duplicated but some duplicates may still exist Time frames for supply and demand data elements differ District and Florida College System enrollees and completers are based on supply in the workforce region and are not statewide based University graduates are statewide only and cannot be parsed to workforce regions; the statewide report does include University graduates in supply Some job ads may be placed in area but actually exist in a different location

49. Data Caveats (continued) The Targeted Occupations List (TOL) is based on long-term projections 8 years out which assume economic recovery; some of the occupations may still be in current decline due to slow economic recovery There can be some seasonal aspects to the S/D report since some occupations are typically hired at specific times of the year, such as teachers, agricultural workers, and tourism-related jobs Information may be known at the local level that should be considered when using the occupational S/D data, such as incoming or expanding firm(s)

50. Census BureauOnTheMap Web-based mapping and reporting application Shows where workers are employed and where they live Provides companion reports on age, earnings, industry distributions, as well as information on race, ethnicity, and educational attainment.