LOUSIANA EMPLOYMENT OUTCOMES REPORT University of Louisiana at Monroe Louisiana Board of Regents November 2011 BACKGROUND & METHODOLOGY Utilizing available Board of Regents’ (Regents) and Louisiana Workforce Commission (LWC) data, the purpose of this initial baseline report is to examine the employment outcomes of all completers of Louisiana public postsecondary education institutions, as well as Louisiana residents and non-residents separately. Based on completer data and available wage data for six months and eighteen months after graduation, this report is designed to study the personal economic value of public higher education in the state of Louisiana and to determine the following: 1. What is the retention of Louisiana public postsecondary completers in Louisiana’s workforce? 2. What impact residency status has on retention? 3. What are completers’ earnings six months and eighteen months following graduation? 4. How does level of education impact earnings? Over the past several years, the Louisiana Board of Regents has participated in data sharing initiatives with other state agencies to address job readiness, employment and transition patterns of public postsecondary education students. In March 2010, the Board of Regents and the Louisiana Workforce Commission took a formal step in the data sharing process to enable LWC to share confidential information obtained through its administration of Louisiana’s unemployment compensation system with the Regents. The Board of Regents uses the information to determine how many of its completers are working in Louisiana for program evaluation. Louisiana public institution completers were identified using the Regents’ Statewide Completer’s System. The following types of credentials are awarded by Louisiana public postsecondary institutions: certificate, diploma, associate, post-associate, bachelors, post-bachelor’s, master’s, post-master’s, education specialist, doctoral, professional and post-professional degrees. This study examined all levels of credentials except the “post” awards which typically account for approximately 0.1% of awards. This completer data file was submitted to the Louisiana Workforce Commission. The list of completers was compared to data at LWC. The highest credential earned was selected for students who earned multiple credentials within the same academic year. When a match was found, quarterly wage information was attached to the completers’ record. For the purposes of this report, average salary was calculated by multiplying the wages of the last quarter by four, giving a snapshot of what the average annual salary would be at that point in time. It is important to note that this analysis does not provide a complete picture of employment since it is based only on those employers in Louisiana that contribute to the UI Wage Records System. The UI Wage System does not include those individuals who are self-employed, employed outside of Louisiana, employees of the federal government (e.g., military and postal service) or are employed in occupations or entities that do not participate in the UI records system. It is important to note that all employment rates in this publication are underreported since they do not include employees who do not appear in the UI system. Any analysis utilizing UI wage records must recognize the following: 1. The absence of a wage record does not equate to being unemployed; 2. Existence of a wage record indicates that an individual was employed; however it does not show that the individual was employed in the field in which the individual graduated; 3. Since this analysis only includes data following time of graduation, it is uncertain as to whether the employment was a result of the training; 4. The quarterly wages give good information to establish certain thresholds, e.g. living wage or a baseline wage level to measure change over time. 5. The wage match for the 2nd (six months) and 6th quarters (eighteen months) does not necessarily indicate employment with the same employer, nor does it show that the employment was continuous. For a specific list of wages that are not considered to be "employment" and therefore not subject to UI Tax, see LA R.S. 23:1472 (12) (F) (III). The populations were divided into two groups: (1) Louisiana residents and (2) non-Louisiana residents. Completers were considered Louisiana residents if the original state of residence when entering a Louisiana postsecondary education institution was Louisiana. If the original state of residence was anything other than Louisiana, including international students, then the completer was considered a non- Louisiana resident. Completers who re-enrolled were included in the findings of this report. Although including the completers who re-enrolled caused the overall employment rate to increase, employment rates fluctuated differently at each degree level. As expected, including the completers who re-enrolled decreased the overall average calculated salary of the study. It is Important to Note: Data is not reported for fewer than ten completers in an academic year. Degree levels and fields of study with fewer than ten completers in all academic years studied are not shown. Data not reported for fewer than ten employed completers in an academic year for information related to wages. Degree Levels and Fields of Study with fewer than ten employed completers in all academic years studied are not shown for information related to wages. Employment Rate by Degree Level Six Months after Graduation For All Completers Max Degree Level Associate Bachelor's Master's Doctoral Professional Number of Completers 2006‐07 2007‐08 2008‐09 59 50 33 870 916 881 253 222 234 17 15 10 122 107 91 Percent Found Employed 2006‐07 2007‐08 2008‐09 61.0% 68.0% 45.5% 61.7% 64.5% 62.8% 62.5% 68.0% 70.5% 11.8% 20.0% 40.0% 66.4% 68.2% 71.4% 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Associate Bachelor's 2006‐07 Master's 2007‐08 Doctoral 2008‐09 Professional Employment Rate by Degree Level Eighteen Months after Graduation For All Completers Max Degree Level Associate Bachelor's Master's Doctoral Professional Number of Completers 2006‐07 2007‐08 2008‐09 59 50 33 870 916 881 253 222 234 17 15 10 122 107 91 Percent Found Employed 2006‐07 2007‐08 2008‐09 61.0% 76.0% 63.6% 60.1% 58.3% 59.9% 58.9% 64.0% 70.1% 11.8% 13.3% 30.0% 70.5% 62.6% 68.1% 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Associate Bachelor's 2006‐07 Master's 2007‐08 Doctoral 2008‐09 Professional Employment Rate by Field of Study Eighteen Months after Graduation For 2008-09 Associate Degree Completers Health Professions 76% Liberal Arts & Sci; General Studies 55% 24% 45% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% % Found Employed in LA % Not Found Employed in LA Employment Rate by Field of Study Eighteen Months after Graduation For 2008-09 Bachelor’s Degree Completers Education 73% 27% Family & Consumer Sciences 73% 27% Public Admin. & Social Service 71% 29% Business, Management, Marketing 66% 34% Security & Protective Services 64% 36% Communication, Journalism 64% 36% Liberal Arts & Sci; General Studies 63% 37% Health Professions 63% 37% Social Sciences 63% 38% Engineering Technologies 61% 39% Agriculture, Agriculture Operations 57% 43% Parks, Recreation, Leisure, Fitness 51% 49% Psychology 50% 50% Foreign Languages, Literatures 50% 50% Biological & Biomedical Sciences 43% English Language & Literature History Physical Sciences 57% 36% 25% 20% 64% 75% 80% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% % Found Employed in LA % Not Found Employed in LA Employment Rate by Field of Study Eighteen Months after Graduation For 2008-09 Master’s Degree Completers Education 90% Business, Management, Marketing 10% 61% Health Professions 47% Parks, Recreation, Leisure, Fitness 38% 39% 53% 63% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% % Found Employed in LA % Not Found Employed in LA Employment Rate by Field of Study Eighteen Months after Graduation For 2008-09 Professional Degree Completers Health Professions 68% 0% 10% 20% 30% % Found Employed in LA 32% 40% 50% 60% 70% 80% % Not Found Employed in LA 90% 100% Employment by Residency Status – Six Months after Graduation For All Employed Completers (Collective 2006-07, 2007-08, and 2008-09) Degree Level Associate Bachelor's Master's Doctoral Professional LA Residents Percent Found Completers Employed 131 63.4% 2,363 68.1% 578 76.1% 12 66.7% 295 73.6% Non‐Residents Percent Found Completers Employed 11 18.2% 304 23.4% 131 26.0% 30 3.3% 25 8.0% 100% 90% 76.1% 80% 70% 73.6% 68.1% 63.4% 66.7% 60% 50% 40% 30% 20% 18.2% 26.0% 23.4% 10% 3.3% 8.0% 0% Associate Bachelor's Master's Louisiana Residents Doctoral Non‐Residents Professional Employment by Residency Status – Eighteen Months after Graduation For All Employed Completers (Collective 2006-07, 2007-08, and 2008-09) Degree Level Associate Bachelor's Master's Doctoral Professional LA Residents Percent Found Completers Employed 131 70.2% 2,363 64.5% 578 74.6% 12 50.0% 295 72.2% Non‐Residents Percent Found Completers Employed 11 27.3% 304 20.1% 131 18.3% 30 3.3% 25 8.0% 100% 90% 80% 70% 74.6% 70.2% 72.2% 64.5% 60% 50.0% 50% 40% 30% 27.3% 20.1% 20% 18.3% 8.0% 10% 3.3% 0% Associate Bachelor's Master's Louisiana Residents Doctoral Non‐Residents Professional Average Calculated Salary by Degree Level For All Employed Completers Max Degree Level Associate Bachelor's Master's Professional Wages Six Months after Graduation 2006‐07 2007‐08 2008‐09 $32,474 $28,354 $35,647 $97,949 $31,058 $29,359 $38,253 $105,224 $25,329 $29,004 $37,963 $115,561 Wages Eighteen Months after Graduation 2006‐07 2007‐08 2008‐09 $30,596 $34,811 $28,232 $35,779 $33,948 $35,003 $41,566 $44,972 $42,200 $106,627 $112,002 $115,068 Average Calculated Salary by Degree Level For All Employed Completers (Collective 2006-07, 2007-08, and 2008-09) $110,736 $105,601 $34,904 $31,760 $30,647 Associate $42,858 $37,284 $28,921 Bachelor's After Six Months Master's After Eighteen Months Professional Average Calculated Salary by Field of Study For All Associate Degree Completers Field of Study CIP CIP Category Description Liberal Arts & Sci; 24 General Studies 51 Health Professions Wages Six Months after Graduation 2006‐07 2007‐08 2008‐09 Wages Eighteen Months after Graduation 2006‐07 2007‐08 2008‐09 $22,626 ‐ ‐ $29,018 $23,542 $30,602 $38,133 ‐ $38,179 $42,407 $35,428 ‐ Average Calculated Salary by Field of Study For All Bachelor’s Degree Completers Field of Study CIP CIP Category Description Agriculture, Agriculture 01 Operations Communication, 09 Journalism 13 Education Engineering 15 Technologies English Language & 23 Literature Liberal Arts & Sci; 24 General Studies Biological & Biomedical 26 Sciences Parks, Recreation, 31 Leisure, Fitness 40 Physical Sciences 42 Psychology Security & Protective 43 Services Public Admin. & Social 44 Service 45 Social Sciences Transportation & 49 Materials Moving Visual & Performing 50 Arts 51 Health Professions Business, Management, 52 Marketing Wages Six Months after Graduation 2006‐07 2007‐08 2008‐09 Wages Eighteen Months after Graduation 2006‐07 2007‐08 2008‐09 ‐ ‐ $24,622 ‐ ‐ ‐ $25,878 $22,249 $22,349 ‐ $23,119 $28,402 $35,984 $36,883 $35,130 $48,951 $45,752 $49,171 ‐ $42,954 $33,831 ‐ $52,862 $42,348 $18,181 $13,550 $20,920 $30,139 $15,927 $22,486 $22,108 $21,490 $29,008 $25,956 $25,248 $19,418 $28,634 $23,355 $31,912 $25,463 $31,510 $13,435 $16,620 $17,588 $22,437 $22,789 $27,959 $24,503 $19,203 ‐ $16,974 ‐ $15,318 $33,914 $22,742 ‐ ‐ $18,566 $21,330 $19,663 $23,607 $20,061 $29,412 $29,332 $28,183 $20,078 $26,611 $21,771 $26,795 $27,502 $25,996 $24,877 $16,172 $16,296 ‐ $25,185 $25,593 $22,141 ‐ ‐ ‐ ‐ ‐ ‐ $14,455 ‐ ‐ ‐ ‐ $43,137 $45,881 $44,395 $48,261 $48,103 $46,731 $26,316 $26,998 $27,413 $31,935 $30,982 $33,281 ‐ Average Calculated Salary by Field of Study For All Master’s Degree Completers Field of Study CIP CIP Category Description 13 Education 51 Health Professions Business, Management, 52 Marketing Wages Six Months after Graduation 2006‐07 2007‐08 2008‐09 $38,872 $40,044 $40,656 $31,211 $35,327 $36,084 Wages Eighteen Months after Graduation 2006‐07 2007‐08 2008‐09 $43,176 $44,090 $42,836 $37,285 $61,729 $48,604 $41,438 $44,842 $71,113 $32,155 $69,835 $41,971 Average Calculated Salary by Field of Study For All Professional Degree Completers Field of Study CIP CIP Category Description 51 Health Professions Wages Six Months after Wages Eighteen Months after Graduation Graduation 2006‐07 2007‐08 2008‐09 2006‐07 2007‐08 2008‐09 $97,949 $105,224 $115,561 $106,627 $112,002 $115,068 Average Calculated Salary by Field of Study Eighteen Months after Graduation For 2008-09 Associate Degree Completers Health Professions $10,000 $35,428 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 Average Calculated Salary by Field of Study Eighteen Months after Graduation For 2008-09 Bachelor’s Degree Completers Education $49,171 Health Professions $46,731 Engineering Technologies $42,348 Business, Management, Marketing $33,281 Biological & Biomedical Sciences $31,510 Communication, Journalism $28,402 Security & Protective Services $28,183 Parks, Recreation, Leisure, Fitness $27,959 Public Admin. & Social Service $25,996 Social Sciences $25,593 Liberal Arts & Sci; General Studies $25,248 Psychology $21,330 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 Average Calculated Salary by Field of Study Eighteen Months after Graduation For 2008-09 Master’s Degree Completers Health Professions Education Business, Management, Marketing $48,604 $42,836 $41,971 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 Average Calculated Salary by Field of Study Eighteen Months after Graduation For 2008-09 Professional Degree Completers Health Professions $10,000 $115,068 $30,000 $50,000 $70,000 $90,000 * Note: This figure contains a different axis scale than other similar figures $110,000 $130,000 Employment Rate by Degree Level Six Months after Graduation For Louisiana Resident Completers Only Max Degree Level Associate Bachelor's Master's Professional Number of Completers 2006‐07 2007‐08 2008‐09 56 45 30 770 819 774 203 187 188 113 99 83 Percent Found Employed 2006‐07 2007‐08 2008‐09 62.5% 75.6% 46.7% 67.1% 69.0% 68.2% 72.9% 75.9% 79.8% 71.7% 72.7% 77.1% 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Associate Bachelor's 2006‐07 2007‐08 Master's 2008‐09 Professional Employment Rate by Degree Level Eighteen Months after Graduation For Louisiana Resident Completers Only Max Degree Level Associate Bachelor's Master's Professional Number of Completers 2006‐07 2007‐08 2008‐09 56 45 30 770 819 774 203 187 188 113 99 83 Percent Found Employed 2006‐07 2007‐08 2008‐09 64.3% 82.2% 63.3% 66.0% 62.3% 65.4% 69.5% 73.3% 81.4% 76.1% 66.7% 73.5% 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Associate Bachelor's 2006‐07 2007‐08 Master's 2008‐09 Professional Average Calculated Salary by Degree Level For Louisiana Resident Completers Only Max Degree Level Associate Bachelor's Master's Professional Wages Six Months after Graduation 2006‐07 2007‐08 2008‐09 $33,393 $28,524 $35,538 $97,949 $31,058 $29,884 $39,456 $104,931 $26,508 $28,986 $38,672 $115,588 Wages Eighteen Months after Graduation 2006‐07 2007‐08 2008‐09 $30,596 $35,514 $30,076 $35,873 $34,521 $34,880 $41,409 $45,928 $43,063 $106,627 $111,432 $115,250 Employment Rate by Degree Level Six Months after Graduation For Non-Resident Completers Only Max Degree Level Bachelor's Master's Doctoral Number of Completers 2006‐07 2007‐08 2008‐09 100 97 107 50 35 46 12 11 7 Percent Found Employed 2006‐07 2007‐08 2008‐09 20.0% 26.8% 23.4% 20.0% 25.7% 32.6% 0.0% 0.0% ‐ Employment Rate by Degree Level Eighteen Months after Graduation For Non-Resident Completers Only Max Degree Level Bachelor's Master's Doctoral Number of Completers 2006‐07 2007‐08 2008‐09 100 97 107 50 35 46 12 11 7 Percent Found Employed 2006‐07 2007‐08 2008‐09 15.0% 24.7% 20.6% 16.0% 14.3% 23.9% 0.0% 0.0% ‐ Average Calculated Salary by Degree Level For Non-Resident Completers Only Max Degree Level Bachelor's Master's Wages Eighteen Months after Graduation 2008‐09 2006‐07 2007‐08 2008‐09 $29,380 $32,598 $21,766 $37,823 $30,875 ‐ ‐ $30,193 Wages Six Months after Graduation 2006‐07 $23,975 $37,264 ‐ 2007‐08 $17,941