LMI TOOLS FOR MOWINS

WHAT IS MERIC?

The Missouri Economic Research and Information Center (MERIC)

is the research arm of the Missouri Department of Economic Development.

Organization consists of about 25 positions, most of which are research

analysts.

MERIC consists of two units:

The Labor Market Information unit and Economic and Workforce

Research unit.

What does MERIC do? Labor Market Information Group-

Data Collection and submission to the U.S .Department of Labor

Collects industry and occupational wage data, unemployment data and mass layoff

information

Economic and Workforce Research Unit-

Analyzes LMI data and converts into forms accessible to public (www.missourieconomy.org)

Produces short and long term employment projections, industry and occupational studies,

target industry and occupational products

Analyzes economic indicators (GDP, Exports) and provides business development projections

Common Types of LMI

Employment Data

Labor Force Data

Wage Data

Real-Time Labor Market Data

Statewide Career Pathway Reports

Real Time Labor Market Data

Available for all 20 Occupations

Top

Employers

Wage Data

Preferred

Experience

Top

Credentials

Top Skills

Burning Glass Technologies, Labor/InsightTM

Aggregates,

mines and

codes data

from each job

listing.

Skills

Skill Clusters

Education

Experience Levels

Certifications

Work Activities

Number of Job Openings

Career Pathways

Therapeutic

Diagnostic

Health Informatics

Support Services

Production

Industrial Maintenance

Welding

Machining

Transportation and

Logistics

MoHealthWINS MoManufacturingWINS

MoHealthWINS Real Time Labor Market Summary

MoManufacturingWINs Real Time Labor Market Summary

Regional Real Time Pathway Reports

Real Time Labor Market Data

Top

Employers Wage Data

Number of

Postings

Available for the State and all 10 Workforce

Investment Areas (WIA)

Top

Employers in

Each Career

Pathway

MoHealthWINS Regional Reports

0

Number of

Job Ads and

Wages for

Each

Occupation

MoHealthWINS Regional Reports

0

MoManufacturingWINs Regional Reports

Number of

Job Ads and

Wages for

Each

Occupation

Burning Glass Technologies, Labor/InsightTM

Real Time Labor Market Data

Available for Statewide and all 10 WIA regions

Real Time Labor Market Summaries

JOBS BY TYP. TRAINING NEEDED

NOW JOBS: RETAIL SALESPERSON

SALES REPS. WHOLESALE/MFG.

NEXT JOBS: TRUCK DRIVERS

REGISTERED NURSE

LATER JOBS: SOFTWARE DEVELOPERS. APPLICATIONS

MEDICAL AND HEALTH SERVICE MGRS.

Real Time Labor Market Summaries

Target Industry Briefs

Missouri Labor Supply & Demand - 2013

23.6% 24.0%

19.2%

4.6%5.6%

16.5%

1.6%

4.9%2.9%

9.2%10.3%

8.2%9.7%

28.2%

13.3%

18.3%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

Science &

Technology

Healthcare &

Related

Business & Sales Food Service Transportation Management &

Support

Production Construction,

Maintenance & Related

Pe

rce

nt

Job Fields

Demand Supply

Top Requested Programming Languages

Employment Projections

http://www.bls.gov/emp/

Employment Projections

http://www.bls.gov/emp/

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Examples of Job Titles

Employment Matrix - Occupation

Employment Projections by Industry

Projections data for States http://www.projectionscentral.com

0

http://www.projectionscentral.com/Projections/ProjectionSites

State

Employment

Projections

Sites

Occupational Employment Statistics Survey

Based on a semi-annual mail survey

of business establishments

Wage/Salary Estimates by:

Occupation

Approx. 800 SOC-coded

occupations

Geography

To a State or MSA level of

concentration

Employers and Job Seekers

1. Understand competitive pay scales

2. Compare occupation wages

between industries & geographies

3. Evaluate wage trends

Workforce Professionals

1. Estimate labor costs

2. Inform occupation and industry

projections

3. Assess need for employment and

training services

Most Timely Wage Data Available Wage Data Applications

http://www.bls.gov/oes/

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STLCC Uses LMI

Support for Grant Proposals

Community Outreach

State of St. Louis STEM Workforce

Industry Insights (Healthcare, Advanced Manufacturing,

IT, Biosciences)

Open House Center for Workforce Innovation

Justification for New Projects (credit and non-credit)

Student Advising

Student Job Search

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MoSTEMWINs Application

Partial table

supporting the

project

narrative for

the

MoSTEMWINs

TAACCCT

Round 4

application

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Skill Shortages by Area

CWI Open House

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Student Advising

Questions?

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Laura Lester

Missouri Economic Research

and Information Center

573-751-3616

laura.lester@ded.mo.gov

Thank you for your participation!

Dianne Lee

St. Louis Community College

314-539-5779

DLee@stlcc.edu