An introduction to EMSI

WWW.ECONOMICMODELLING.CO.UK@EMSI_UK

An introduction to EMSI

Andy LiddellBusiness Development Manager (Midlands)[email protected]

● Who we are

● What we do

● The LMI challenge facing FE Colleges

● Our Data

● What we do with this Data

● Our Tools

● Our Customers

● A couple of Customer quotes

● EMSI stands for Economic Modelling Specialists International

● Based in Moscow, Idaho, in the northwest corner of the United States. Moved into the UK a couple of years ago. We currently work with 92 Colleges in the UK

● Labour Market Information (LMI) specialists

● Probably the most Customer focused Company you will ever meet. We ‘Bless’ our Customers

Who we are



● We source quality LMI and turn it into useful information that helps organisations understand the connection between Economies, people and the work place.

● We design user-friendly tools that help Educational Institutions, Workforce Planners and Regional Developers build a better workforce and improve the economic conditions in their regions.

What we do



Objective information is out there, but it presents Colleges with three main difficulties:

● Difficult to source

● Really difficult to make sense of

● Even more difficult to analyse and then use to good effect

The LMI challenge facing FE Colleges



Our Data


● We gather over 30 data sets, mostly from Government sources

● EMSI economists analyse the data sets concerned, taking the strengths and discarding the weaknesses. These sets are then merged to provide multi-layered cross-checking

● In total, this creates over 20 million data points for the UK, split into Government Office Regions, Counties and Local Authority areas

● The data is updated yearly


Major Data sources include:


● Business Register Employment Survey (BRES)● Workforce Jobs Series (WJS)● Annual Survey of Hours and Earnings (ASHE)● Labour Force Survey (LFS)● Annual Population Survey (APS)● Working Futures (WF)● Mid-Year Population Estimates● Subnational Population Projections● Annual Business Inquiry (ABI)


What we then do with this Data



Economic Impact Studies


● The report calculates the net impact of an institution to the Region it serves, in terms of value to Learners, Businesses, Taxpayers and the Community

● This data is provided in a presentation-ready report, giving solid evidence of an institution’s social and economic impact

Andy LiddellBusiness development Manager (Midlands)[email protected]

Analyst


● In 2003, we started building a tool using the LMI we had collected for the Impact Studies

● Analyst is a comprehensive web-based Labour Market research and analysis tool that gives a College instant access to key local information on jobs and skills across Industries and Occupations

● Its main use in FE Colleges is in the areas of Curriculum Planning,

course provision and Employer Engagement


● In 2008, EMSI created a second web-based tool to help Learners and job seekers access good, local Labour Market data to gain the right career vision

● Career Coach informs current and prospective Students how the education Colleges provide will lead to sustainable careers that interest them

● The main area of use for FE Colleges is in the area of Careers guidance and Marketing

Career Coach


Andy LiddellBusiness development [email protected]


Selected FE Customers


“When I first saw Analyst, it blew me away! I had looked at some other market intelligence solutions but I had never seen anything like Analyst.”

Ian Philip, Director of External Relations, Dearne Valley College

“Career Coach is fantastic! It’s an easy-to-use tool that puts critically important jobs information at everyone’s fingertips. Career Coach shows students how to get wherever they want to go.”Zoe Lewis, Principal, Middlesbrough College


A couple of quotes from our customers


Documents

An introduction to EMSI