Labor Market Information

1. Labor Market Information Reverse Engineering the Job Search

2. Usual Process Event: Informed of layoff Emotion: Denial This has to be a tragic mistake. Behavior: Relative inaction Contact the competition Emotion: Anger I’ll show them Behavior: Reactive instead of proactive – not prepared for interviews Begin looking for similar titles Emotion: Desperation and Depression I need a job in fill in the blank, any job Behavior: Learned helplessness, unenthusiastic, not focused Time Used: 3 to 6 weeks or up 10 to 25 percent of the time allocated for regular unemployment insurance.

3. Emotions • While we struggle to control how much we do this -- most of us put at least a part of ourselves into those things we do • Consequently, it hurts when you are told you are no longer needed • Likewise, when economic conditions, work struggles, or situations outside of your control threaten your economic security it causes unease or fear

4. Current Process -- Dehumanizing • Loss of control • Loss of dignity • Loss of self-worth • Revaluation at a time when people are not at a point where they can be objective or open to a critical review

5. Reverse Engineering the Process • Start with what you know • The industry the individual came from • The occupation they had • Analyze current labor market conditions • Determine if growth is feasible • Determine which industries are showing growth • Identify occupations likely in growing areas • Review related occupations • Review wages and other information • Make an informed choice

6. What you Know • Industries is a group of employers who are naturally competitors – they produce similar goods and services • You know the industry • Occupations are set of similar jobs or skills • You know your most recent occupation

7. Industrial Analysis • Current estimate by Industry (CES) for larger communities and statewide • QCEW (county) • Historical pattern, if any • to not be on the wrong side of seasonal patterns

8. Where • WORKnet • Home Page: http://worknet.wisconsin.gov • Data Analyst: Go to Data Tables

9. Inside Data Table County or Counties MSA or Statewide Seasonally adjusted data is also available

10. QCEW

11. CES

12. Analysis • A single data point is noteworthy • Two is interesting • Three could indicate a trend • You are looking to see how the different industries stack up and where there is growth. (Growth=Jobs)

13. Identified Industries • Employers need a variety of skills (staffing patterns) • Occupations is a shorthand method of talking about specific skills • You could focus the job search with current occupation by calling businesses in those identified industries (possible, but not always productive) • OR look for related occupations

14. Staffing Patterns • Stores need clerks, Payroll offices need bookkeepers, some places need a receptionist, different businesses need different skill sets • This information is available through the data analyst

15. Under Data Analyst Hint: Projections Matrix

16. Under Data Analyst Hint: Occupational Employment Statistics

17. Occupational Analysis • Related Occupations • KSA’s • Staffing patterns by Industry • Wages • Occupational Projections

18. Related Occupations online.onetcenter.org

19. O*Net • Job Descriptions and Lay Titles • Tasks Performed (Work Activities) • Type of Work Environment (Work Context) • Knowledge Skills and Abilities required • Interests (sometimes called Holland Scores) • Education/Training • Related Occupations • Local Wages and Job Outlook

21. Custom Reports within O*Net • Can provide a great deal more information • Include not only how important the skills needed, but also the level of proficiency required • Scale anchors help with real world examples • Detail of Tools and Technology • Change the default lists to help identify transferable skills

25. Some notes about Wages • Wages are based on employers response to a survey • Wages are gathered in wage categories • Individual wages may differ from reported results • Entry level is the average of the lower third • Experienced is the average of the upper third

27. Begin the Search • Find businesses that are involved in industries identified as having staffing patterns that match existing skills and are growing

28. Business Information Located underBusiness Scroll down for directory

29. Need to Know the Location

30. Spelling counts! I used Assembler

31. Change your parameter when searching

32. Shorten or lengthen the distance

33. Special concerns:

34. You can sort

43. How can this help me • As a facilitator you can help your clients better understand • transferable skills, • occupations they may not have considered, • training requirements, • current openings and • unique needs of the client. • Help create resumes that include transferable skills • It can also help businesses and/or recruiters • This tool is portable (homework)

44. Concrete Steps for Client • Update your paperwork • If the last time you updated your paperwork was the last time you were hired, it needs polishing • Consider how your paperwork represents you, remember, it is your first impression • Keywords count • Create a template to apply to related occupations, standardization is good, but customization is better

45. Other things to consider • Remember, employers hire skillsets not people • Review your occupation • Is it growing or shrinking • Is the skill set changing • Remember skills are transferable and most people will experience at least five different occupations in their lives • Online.onetcenter.org • Training • Where is it available

46. Use Resources • Use resources that are available to you • Friends, former colleagues, former employers, your Alma Matter • Professional Associations, • Websites • Job Service • Linked In • Riley Guide • Labor Market Information • Office of Economic Analysis

47. Electronic Presence • Check yourself online and be prepared to address what maybe seen as a shortcoming or a lack of judgment • Online resumes and submission to a company • Online resumes will do a search for keywords according to their needs, you have to include them • This is a process to remove possible candidates and eliminate the psychological advantage used by some when printing a resume • However, it has to be exploited in the same way as your resume • Practice – in many cases, you do not get a do over • Assemble your facts before you start • Read about the company before you start • Use appropriate language and if possible, correct terms that relate to the company, but be careful • DO NOT share information that you would not willingly give to someone on the street • Company records are theirs, if possible keep a record, if not keep a log. • DO NOT rely on this as your only means to contact firms • have you ever lost something on your desk?

48. Snail Mail • Still works and is a form where you can stand out • Do not be too creative unless the job calls for it • If you get an interview, send a thank you and use this as a way to push your best attribute that fits the organization • Spelling counts DO NOT rely on Spell Check

49. Impose a realistic routine if you are out work • Use a log to keep track of contacts and sources you have used • Realize that a loss of security can create stressful situations • Stay positive, can you afford negative thinking • Review and reevaluate your situation, take care of your relationships • Going through the hiring process is scary not only for you, but also your family and yes, even your future boss

50. Help Others Help • Remember to reach out • Keep your contacts informed • When possible, be specific • Realize that a “no” sometimes requires a K and W – Knowledge and Willingness to adapt before it can become a “yes”