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Labor Market Information for Students, Teachers and Parents. Rachel Smith Manager of Workforce Research and Development CPWDC. What is Labor Market Information?. Workforce, economic and demographic data for L eading M anaging I nforming. Career Development Workforce Development - PowerPoint PPT Presentation
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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
