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Vermont Labor Market Information: Nursing

Vermont Labor Market Information: Nursing. Mathew Barewicz Vermont Department of Labor Economic & Labor Market Information Chief. Presentation Outline. PART I Discussion about Occupational Coding and Upcoming Changes PART II Historical Trends Taking a Look Forward

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Vermont Labor Market Information: Nursing

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  1. Vermont Labor Market Information:Nursing Mathew Barewicz Vermont Department of Labor Economic & Labor Market Information Chief

  2. Presentation Outline PART I • Discussion about Occupational Coding and Upcoming Changes PART II • Historical Trends • Taking a Look Forward • ‘Real-Time’ Indicators

  3. Part I: OccupationalCoding

  4. Occupational Coding and the U.S. Bureau of Labor Statistics • The BLS uses a ‘job’ coding system called the Standard Occupation Classification Manual --- or SOC manual • The SOC manual is used predominately in the BLS’ Occupational Employment Statistics (OES) Program

  5. SOC Manual & the BLS (cont.) • The OES Program collects/codes occupational data producing estimates of: • 1. Prevalence (or count) of a particular occupation in a region • Region defined as nation, state, metropolitan areas and other sub-state regions like ‘northern balance of state’ • 2. Wage data by occupation • Mean, median, ‘entry-level’, ‘experienced’, etc. • 3. Staffing pattern information or occupational distribution by industry • Very interesting data; but less material to this discussion

  6. SOC Manual & the BLS (cont.) • In Vermont, VDOL LMI publishes estimates on over 500+ occupations • 45 occupations within the occupational family “Healthcare Practitioners and Technical Occupations” (29-xxxx) • 12 occupations within the occupational family “Healthcare Support Occupations” (31-xxxx) • Two samples of Vermont employers (or ‘panels’) are conducted each year • Aside from all other limitations related to BLS confidentiality standards, it takes six panels of data to produce OES estimates • Therefore, it takes 3 years before any changes made to the SOC manual are reflected in published OES data

  7. SOC Manual & the BLS (cont.) • The 2000 SOC manual (and earlier) did not have significant detail on APRNs • Updates* related to nursing in the 2010 SOC manual: * will be reflected in the May 2013 OES estimates

  8. SOC Manual & the BLS (cont.) • VDOL LMI has collected 3 panels (50% of necessary 6 panels) worth of data using the new 2010 SOC code • Estimated employment of 2,800 • Here is a preliminary breakdown of the new Registered Nurse occupational code and the three breakout codes: • Occupational TitlePercent of Total • Registered Nurses 95.7% • Nurse Anesthetists 1.0% • Nurse Midwives 0.4% • Nurse Practitioner 2.8%

  9. Part II: Historical & Future Trending & Current Indicators

  10. VT Employment Trend: Nursing • Above average growth rates in all three major nursing occupations • CNAs = 2.7%; LPNs = 1.3%; CNAs = 1.9% • versus 0.2% all covered employment between 1999 and 2010

  11. 2008-2018 Long Term Occupational Projections

  12. Online Job Postings • Aggregate New England Data ~ Feb 2010 – Oct 2011

  13. Online Job Postings: Nursing

  14. Conclusions: Nursing • SOC changes will produce more data on nursing • Nursing occupations have experienced stronger than average growth over the last decade • Current long term projections expect that to continue • However, online job posting data does indicate a slow down in demand for healthcare occupations and specifically nursing over the last 18 months • Please note: Analysis on ‘real-time’ data has been problematic and should be consulted in the context of other data sources

  15. Questions? Thank you Contact Information: Mathew J. BarewiczVermont Department of Labor5 Green Mountain Dr.Montpelier, VT 05601-0488Phone- (802)-828-4153Mathew.Barewicz@state.vt.us Website: www.vtlmi.info

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