Labor Market Needs Analysis
Data & Summary Sheet
Minnesota State Colleges and Universities are required to assess labor market data when
conducting college program reviews and planning new program proposals with a focus
on enrolling no more than the approximate number of students in a technical or
occupational program than the labor market data indicates have a reasonable likelihood of
obtaining a job in their field of study.
Field
Description
The name of the proposed new program:
1. Program Name
Classification of Instructional Program Code (CIP1)
2. CIP Code and Title
Note: There may be more than one
CIP code related to a SOC code (e.g.
SOC code 13-2011 “Accountants
and Auditors is related to 52.0301
Accounting, 52.0304 Accounting
and Finance, 52.0305 Accounting &
Business Management, 52.0601
Business /Managerial Economics, or
43.0117 Financial Forensics and
Fraud Investigation.
The name of award for proposed program, such as BA, BS,
AS, AFA, AAS, Diploma or Certificate:
3. Award
The Standard Occupational Classification code (SOC2)
which best describes the intended occupational outcome of
the proposed program.
4. SOC Code and Title
1
2
http://nces.ed.gov/ipeds/cipcode/cipdetail.aspx?y=55&cipid=88139
http://www.bls.gov/soc/
1
Field
Description
MnSCU Academic Program Planning Map3
5. Region the proposed
program will serve.
DEMAND
Field
Description
Enter the current estimated employment4 for the proposed
SOC code.
6. Total Employment
Note: Compare to the Total Nonfarm5 state employment,
which is currently 2,796,413, to get a sense of whether the
occupation is small or large.
Enter the number of projected annual openings for the
proposed SOC code by state and region.
State (LMIwise) (EDEPS6):
7. Projected Annual Openings
Region (LMIwise):
3
http://www.asa.mnscu.edu/academicprograms/workforce_planning/docs/mnscu-program-planningmap.PDF
4
http://www.iseek.org/lmiwise/demand?id=OPS439&area=000000
5
https://apps.deed.state.mn.us/lmi/ces/Results.aspx
6
http://www.edeps.org/DemandIndicators.aspx?UA=5218A&pn=2&st=MN
2
Field
Description
Level of Education
Experience required
8. Job postings in the field
(review job posting
requirements, both
minimum and preferred).
Salary/wages
O*NET
MN Works
Background check required
Physical requirements
9. Median Hourly Wage
Wages are based on a biannual survey of Minnesota
employers. The employment data covers full- or part-time
paid workers who are paid a wage or salary, workers on
paid leave, workers temporarily assigned to other units,
paid owners, officers, and staff of incorporated firms. Selfemployed, contract workers, unpaid family workers, and
workers on unpaid leave are excluded.
3
Field
10. Occupations in Demand
Description
Based on the Occupations In Demand (OID) indicator, this
is a composite measure of current demand based on job
vacancies, employment size, and unemployment in the
occupation.
How many stars in the proposed occupation?
11. Entry-Level Education
Based on estimates from the federal Bureau of Labor
Statistics, entry-level education conveys the minimum
level of education needed to qualify for an occupation.
Minnesota's minimum education level may differ
somewhat.
SUPPLY
Field
12. Number of Programs
Description
Enter the total number of currently active programs for the
proposed CIP code and level in the state and region for all
MN higher education colleges and universities (LMIwise7)
(EDEPS8).
a. All MN Public & Private:
b. MN State Colleges and Universities only:
c. Number of programs in your region:
7
8
http://www.iseek.org/lmiwise/supplySchools?id=OPS439&cip=52.0301&area=000000
http://www.edeps.org/MarketShare.aspx?cip=52.0301&UA=5218A&pn=2&st=MN
4
Field
13. Number of Completers
Description
Enter the total number of completers in the proposed CIP
program and level from all institutions for the most recent
and previous fiscal years.
a. Most Recent FY data (LMIwise9):
b. Five year average data (EDEPS10)
c. Does the current supply meet the demand (review
completer data for past 3-5 years)?
Statewide:
Regional:
d. Collaboration/partnership opportunities:
Field
SUPPLY-DEMAND SUMMARY
Description
How many graduates are employed full time?
14. Graduate Employment
Outcomes (DEED11)
How many are employed part time?
What is the median wage after two years of employment?
9
http://www.iseek.org/lmiwise/supply?area=000000&id=OPS439&ord=1
http://www.edeps.org/MarketShare.aspx?cip=52.0301&UA=5218A&pn=2&st=MN
11
https://apps.deed.state.mn.us/lmi/etd/Results.aspx
10
5
Field
15. Other information (regional
industry partner needs,
closed enrollment request,
etc.)
16. Is there enough evidence
that students completing
the proposed program have
a reasonable likelihood of
obtaining a job in their
field of study?
Description
Summary of analysis of your labor market research:
6