E-Tools Session 1
Understanding the Labor Market
E-Tools Session 1
Understanding the Labor Market
This e-tools session will focus on the programs and websites that will help you:
1.
2.
3.
4.
Find current LMI information
Read LMI numbers
Interpret LMI
Use LMI to:
a. Target businesses and industries
b. Help businesses, such as providing salary information or other
useful data
Presenters
Pam Frugoli, OWI, ETA
Jennifer Troke, OWI, ETA
E-Tools Covered in this Session:
1. Local Area Unemployment Statistics (5 minutes)
2. Quarterly Census of Employment and Wages Location Quotient Calculator (10
minutes)
3. Employer Locator (10 minutes)
4. Occupational Employment Statistics Query System (12 minutes)
5. My Next Move (3 minutes)
6. O*NET OnLine (3 minutes)
7. mySkills myFuture (2 minutes)
E-tool 1: Local Area Unemployment Statistics One-Screen Data Search
Web Address: http://data.bls.gov/pdq/querytool.jsp?survey=sm
Description: This data source provides monthly employment data by industry for
the US,
States, and Metropolitan Statistical Areas and provides tables and graphing tools.
It is the most current source of survey-based data to identify which industries are
growing or declining in an area, although there is sometimes limited detail on
specific industry sectors within an area.
Notes:
E-Tool 2: Quarterly Census of Employment and Wages Location Quotient
Calculator
Web Address: http://data.bls.gov/location_quotient/ControllerServlet
Description: The QCEW program produces a comprehensive tabulation of
employment and wage information for workers covered by State unemployment
insurance (UI) laws and Federal workers covered by the Unemployment
Compensation for Federal Employees (UCFE) program. Publicly available files
include data on the number of establishments, monthly employment, and
quarterly wages, by NAICS industry, by county, by ownership sector, for the entire
United States. These data are aggregated to annual levels, to higher industry
levels (NAICS industry groups, sectors, and supersectors), and to higher
geographic levels (national, State, and Metropolitan Statistical Area (MSA)).
The Location Quotient Calculator uses QCEW data to calculate ratios that
compare the concentration of an industry in a specific area in comparison to the
U.S. or other areas.
Notes:
E-Tool 3: Employer Locator
Web site:
http://www.careerinfonet.org/employerlocator/employerlocator.asp?nodeid=
18
Description: A tool to help you identify local employers in a specific industry, or
to identify the industry category for a specific employer to find out more about
what they do and what kind of workers they employ.
Notes:
E-Tool 4: Occupational Employment Statistics Query System
Web site: http://data.bls.gov/oes/
Description: A site that helps users identify the occupations typically employed
in a specific industry—along with national employment and wage information. It
also can be used to identify what industries employ workers in specific
occupations. Information comes from the Occupational Employment Statistics
survey of business establishments that produces annual occupational
employment and wage data for the U.S., states, and metropolitan statistical
areas.
Notes:
E-Tool 5: My Next Move
Web site: http://www.MyNextMove.gov
Description: An easy to navigate, easy to understand career exploration tool
based on O*NET occupational competency profiles.
Notes:
E-Tool 6: O*NET OnLine
Web site: http://www.onetonline.org
Description: A career exploration tool that offers a variety of search options to
find detailed information on occupational competencies including tasks,
knowledge, skills, abilities, tools and technology, and other characteristics, with
links to employment and wage data.
Notes:
E-Tool 7: mySkills myFuture
Web site: http://www.mySkillsmyFuture.org
Description: A transferable skills tool for dislocated workers to help them: 1)
identify other occupations where they can apply their skills, 2) identify potential
skill gaps and relevant training from their current skill set and a new occupation,
and 3) identify local job openings in the new career field.
Notes:
Questions Labor Market Information Can Answer
1. What economic sector(s) in my area are significant or has(have) grown in
employment recently? (As opposed to projected to grow)
TIP:
 Use the Local Area Unemployment Statistics One-Screen Data Search to
identify industries
 Use the Location Quotient tool to identify significant industry sectors by
state and county
2. What local firms in my county are in that critical or growing industry?
TIP:
 Use the Employer Locator in CareerOneStop to identify 3 employers in
your community
3. What occupations do firms in that industry typically employ?
TIP:
 Use OES staffing patterns to identify key occupations
4. What skills will these occupations require?
TIP:
 Use My Next Move to identify specific skills
 Use O*NET Online to get more detail about specific occupations
5. Where else might the skill sets of those occupation(s) be used?
TIP:
 Use mySkills myFuture to identify transferable skills across occupations