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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
WWW.ECONOMICMODELLING.CO.UK@EMSI_UK
Andy LiddellBusiness Development Manager (Midlands)[email protected]
● 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
WWW.ECONOMICMODELLING.CO.UK@EMSI_UK
Andy LiddellBusiness Development Manager (Midlands)[email protected]
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
WWW.ECONOMICMODELLING.CO.UK@EMSI_UK
Andy LiddellBusiness Development Manager (Midlands)[email protected]
Our Data
WWW.ECONOMICMODELLING.CO.UK@EMSI_UK
● 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
Andy LiddellBusiness Development Manager (Midlands)[email protected]
Major Data sources include:
WWW.ECONOMICMODELLING.CO.UK@EMSI_UK
● 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)
Andy LiddellBusiness Development Manager (Midlands)[email protected]
What we then do with this Data
WWW.ECONOMICMODELLING.CO.UK@EMSI_UK
Andy LiddellBusiness Development Manager (Midlands)[email protected]
Economic Impact Studies
WWW.ECONOMICMODELLING.CO.UK@EMSI_UK
● 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
WWW.ECONOMICMODELLING.CO.UK@EMSI_UK
● 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
Andy LiddellBusiness Development Manager (Midlands)[email protected]
● 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
WWW.ECONOMICMODELLING.CO.UK@EMSI_UK
Andy LiddellBusiness development [email protected]
Andy LiddellBusiness Development Manager (Midlands)[email protected]
Selected FE Customers
WWW.ECONOMICMODELLING.CO.UK@EMSI_UK
“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
Andy LiddellBusiness Development Manager (Midlands)[email protected]
A couple of quotes from our customers
WWW.ECONOMICMODELLING.CO.UK@EMSI_UK