Rachel Smith Manager of Workforce Research and Development CPWDC Labor Market Information for...

Rachel SmithManager of Workforce Research and

DevelopmentCPWDC

Labor Market Information for Students, Teachers and Parents

What is Labor Market Information?Workforce, economic and demographic data for

Leading

Managing

Informing

•Career Development

•Workforce Development

•Business Development

•Economic Development

What does LMI do?Connects occupations and employers

Reveals trends in the workforce, changing employer demands, and educational requirements

Assists in career-related decisions

What are the limits?Timeliness of information

Geographic limitations

Data presentation

Not absolute

How does LMI support CEWs?

Students EducatorsLocate employment

opportunitiesFind out how much

employers payIdentify good career

paths and training for advancement

Find new or emerging careers

Understand cost of living differences

Talk with students about real life requirements

Identify new course offerings

Create partnerships with employers

Help youth explore career paths

What can LMI teach?• Economic context of where you work and

live• Employment trends and projections• Wage information• Labor force skills and quality• Projected training costs• Employers in your area• New and emerging industries• Employment needs• Unemployment

Examples:Demographic Picture

Is the population growing or shrinking?Where do people live and work?What does the population look like – age,

race, income, etc.?Industrial Picture

Who are the major employers?What drives the local economy?Which industries exhibit competitive

advantage (clusters)?

Examples:Occupational Picture

What are the high priority occupations?What are the characteristics of the job?What is the national and local demand?Are jobs really disappearing?Where can we find this occupation?

Special ScenariosTeen EmploymentAging WorkforceI-80 Tolling

Where is LMI available?

www.pacareerstandards.com

Local Workforce Investment Boards (WIB)

PA CareerLinksLocal Economic Development

Organizations

DiscussionFormat and availability of resourcesIntegration into core academic areasMissing links

Questions

Rachel SmithManager of Workforce Research and

DevelopmentCentral Pennsylvania Workforce

Development Corporation (CPWDC)570.522.0600

rsmith@cpwdc.org