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State University and College Systems Orlando, Florida Bureau of Labor Market Statistics July 28, 2014 Indicators of Jobs in Demand

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Indicators of Jobs in Demand. State University and College Systems Orlando, Florida. Bureau of Labor Market Statistics July 2 8, 2014. Labor Market Information (LMI) Mission. To Produce, Analyze, and Deliver Labor Statistics to Improve Economic Decision-Making - PowerPoint PPT Presentation

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Page 1: State University and College Systems  Orlando, Florida

State University and College Systems Orlando, Florida

Bureau of Labor Market Statistics July 28, 2014

Indicators of Jobs in Demand

Page 2: State University and College Systems  Orlando, Florida

2

Labor Market Information (LMI) Mission

To Produce, Analyze, and Deliver Labor Statistics to Improve Economic Decision-

Making

Employment data are the state’s most important economic indicator

Page 3: State University and College Systems  Orlando, Florida

LMI Statistics Produced/Delivered

3

Labor ForceTotal EmploymentEmployment by Industry and OccupationEmployment Projections by Industry and

Occupation (Demand)Unemployment / Unemployment RatesWage by Industry and OccupationCensus

Page 4: State University and College Systems  Orlando, Florida

LMI Facts

4

Data collected under Federal / State Cooperative Statistical Programs

Data comparable nationwide for all counties and metro areas in the nation

Data meet stringent probability sampling design statistical methods with required response rates of 75 percent

Monthly data released 3 weeks after the reference month

Page 5: State University and College Systems  Orlando, Florida

How is LMI Collected?

5

Sample-Designed Statistical Surveys from employers

Econometric Modeling developed by U.S. Bureau of Labor Statistics

Administrative Records from Reemployment Assistance

Thanks to employers …. Without them we would not be able to provide data

Page 6: State University and College Systems  Orlando, Florida

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Who are the customers of Labor Market Statistics?

• State University and College Systems

• Career Counselors / Teachers / Students

• Workforce / Economic Development Decision-Makers

• Employers / Job Seekers

• Economists / Policy Makers

• Elected Officials

• Media

Page 7: State University and College Systems  Orlando, Florida

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• Quarterly Census of Employment and Wages (QCEW)--Produces employment and wages by industry based on all employers covered by Unemployment Insurance

• Current Employment Statistics (CES)--Produces employment, hours, and earnings by industry based on a sample of employers

• Occupational Employment Statistics (OES)--Produces employment and wages by occupation based on a sample of employers

• Local Area Unemployment Statistics (LAUS)--Produces labor force, employment, unemployment, and unemployment rates based on a survey of households and a statistical model

• Employment Projections--Produces projections of employment by industry and occupation based on a survey of employers and statistical models

• Workforce Information--Provides statistical services such as publications, websites, training, GIS mapping, economic impact analysis, and customized reports by request

Bureau of Labor Market Statistics ProgramsThere are three main activities: data production, data analysis, data delivery

Page 8: State University and College Systems  Orlando, Florida

There are three data tools to measure jobs in demand:

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Occupational employment projections 2013-2021 as a long-term demand indicator

Help Wanted OnLine (HWOL) jobs ads produced by The Conference Board as a short-term demand indicator

Occupational Supply/Demand system which shows the gaps between supply and demand based on long-term and short-term demand indicators

Page 9: State University and College Systems  Orlando, Florida

Long-Term Demand IndicatorOccupational Employment Projections

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Occupational projections are derived from:The changing demand for labor by industry The occupational staffing patterns of the various industries  These are produced and published annually by the Florida Bureau of Labor Market Statistics. 

Page 10: State University and College Systems  Orlando, Florida

Long-Term Employment Projections Overview

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• Industry projections are based on industry employment data reported from the Quarterly Census of Employment and Wages (QCEW)– Detailed industries are projected for Florida and substate

regions

• Industry data are by place of work for employees on payrolls

• Occupational data are based on the Occupational Employment Statistics (OES) survey of employers

• Occupational projections are enhanced by census data for self-employed workers

Page 11: State University and College Systems  Orlando, Florida

Long-Term Projections Update Cycle

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• Projections are updated annually using:– New industry data for the base year– New staffing patterns from the OES Survey

• Florida is the only state to update annually• Projections are published for:

– Florida– 24 Workforce Regions– Large counties (100,000 +)

Page 12: State University and College Systems  Orlando, Florida

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Page 13: State University and College Systems  Orlando, Florida

Long-Term Projections: Data Caveats and Limitations

Projections assume no major manmade or natural disasters impacting state and local economiesExtreme and fast changes in market demand cannot be predicted or includedOccupational data require accurate reporting by employersSeparation openings are not intended to measure all forms of labor market churning

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Page 14: State University and College Systems  Orlando, Florida

Long-Term Projections Data Uses

Planning/evaluating education and training programsCareer guidance

Included in Career Information Delivery Systems

Florida CHOICESIncluded in electronic labor exchange systems

EmployFlorida Demand measure for Occupational Supply/DemandEconomic and labor market analysisVocational rehabilitation and disability evaluation

14

Page 15: State University and College Systems  Orlando, Florida

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Largest Bachelor’s Degree Level OccupationsFlorida Statewide 2014-2021

Employment 2014-21 Change 2014 Annual Rank Occupation Title 2014 2021 Level Percent Average Wage

1 Registered Nurses 173,537 202,635 29,098 16.77 $62,7742 Accountants and Auditors 85,830 96,461 10,631 12.39 $67,9543 Elementary School Teachers, Except Special Education 70,335 81,187 10,852 15.43 $47,9664 Management Analysts** 49,331 57,312 7,981 16.18 $80,4135 Construction Managers*** 43,360 49,294 5,934 13.69 $88,0886 Secondary School Teachers, Exc. Special and Voc. Ed. 40,229 43,669 3,440 8.55 $49,8147 Substitute Teachers 33,716 37,176 3,460 10.26 $22,6728 Middle School Teachers, Exc. Special & Voc. Education 30,068 34,703 4,635 15.42 $48,2789 Sales Representatives, Wholesale & Mfg, Tech. & Sci. Products 29,334 32,653 3,319 11.31 $76,856

10 Human Resources Specialists 24,721 28,641 3,920 15.86 $54,12211 Software Developers, Applications 23,620 27,707 4,087 17.30 $81,57812 Computer Systems Analysts 23,030 26,293 3,263 14.17 $86,61113 Securities and Financial Services Sales Agents 20,661 22,350 1,689 8.17 $85,23814 Computer Programmers 19,229 20,828 1,599 8.32 $76,46115 Financial Managers*** 18,656 20,113 1,457 7.81 $128,627

Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Employment Projections Program, Forecast to 2021. Released September 2013. BLS education levels used for all occupations. **Requires 1 to 5 years of experience, ***Requires more than 5 years of experience.

Page 16: State University and College Systems  Orlando, Florida

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Largest Bachelor’s Degree Level OccupationsUnited States 2014-2021

Employment 2014-21 Change 2013 Annual Rank Occupation Title 2014 2021 Level Percent Average Wage

1 Registered Nurses 2,816,880 3,185,710 368,830 13.09 $68,9102 Elementary School Teachers, Except Special Education 1,394,780 1,512,310 117,530 8.43 $56,3203 Accountants and Auditors 1,308,760 1,425,520 116,760 8.92 $72,5004 Secondary School Teachers, Exc. Special and Voc. Ed. 966,380 1,003,410 37,030 3.83 $58,2605 Management Analysts** 745,460 839,120 93,660 12.56 $89,9906 Software Developers, Applications 640,980 738,910 97,930 15.28 $96,2607 Middle School Teachers, Exc. Special & Voc. Education 629,600 682,800 53,200 8.45 $56,6308 Computer Systems Analysts 546,160 635,620 89,460 16.38 $85,3209 Financial Managers*** 541,520 574,490 32,970 6.09 $126,660

10 Construction Managers*** 500,640 555,380 54,740 10.93 $92,70011 Market Research Analysts and Marketing Specialists 442,000 534,050 92,050 20.83 $67,78012 Human Resources Specialists 424,620 447,790 23,170 5.46 $61,56013 Software Developers, Systems Software 421,560 479,520 57,960 13.75 $104,48014 Sales Representatives, Wholesale & Mfg, Tech. & Sci. Products 389,740 415,780 26,040 6.68 $85,61015 Network and Computer Systems Architects and Administrators 375,000 405,100 30,100 8.03 $77,910

Source: United States Department of Labor, Bureau of Labor Market Statistics, Employment Projections Program, Forecast to 2021. Released December 2013.BLS education levels used for all occupations. **Requires 1 to 5 years of experience, ***Requires more than 5 years of experience.

Page 17: State University and College Systems  Orlando, Florida

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Bachelor’s Degree Level OccupationsGaining the Most New Jobs

Florida Statewide 2014-2021Employment 2014-21 Change 2014 Annual

Rank Occupation Title 2014 2021 Level Percent Average Wage1 Registered Nurses 173,537 202,635 29,098 16.77 $62,7742 Elementary School Teachers, Except Special Education 70,335 81,187 10,852 15.43 $47,9663 Accountants and Auditors 85,830 96,461 10,631 12.39 $67,9544 Management Analysts** 49,331 57,312 7,981 16.18 $80,4135 Construction Managers*** 43,360 49,294 5,934 13.69 $88,0886 Middle School Teachers, Exc. Special & Voc. Education 30,068 34,703 4,635 15.42 $48,2787 Market Research Analysts and Marketing Specialists 15,423 19,534 4,111 26.65 $57,2008 Software Developers, Applications 23,620 27,707 4,087 17.30 $81,5789 Human Resources Specialists 24,721 28,641 3,920 15.86 $54,122

10 Substitute Teachers 33,716 37,176 3,460 10.26 $22,67211 Secondary School Teachers, Exc. Special and Voc. Ed. 40,229 43,669 3,440 8.55 $49,81412 Sales Representatives, Wholesale & Mfg, Tech. & Sci. Products 29,334 32,653 3,319 11.31 $76,85613 Computer Systems Analysts 23,030 26,293 3,263 14.17 $86,61114 Cost Estimators 11,651 14,830 3,179 27.29 $58,24015 Personal Financial Advisors 15,793 18,861 3,068 19.43 $93,101

Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Employment Projections Program, Forecast to 2021. Released September 2013.BLS education levels used for all occupations. **Requires 1 to 5 years of experience, ***Requires more than 5 years of experience.

Page 18: State University and College Systems  Orlando, Florida

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Bachelor’s Degree Level OccupationsGaining the Most New Jobs

United States 2014-2021Employment 2014-21 Change 2013 Annual

Rank Occupation Title 2014 2021 Level Percent Average Wage1 Registered Nurses 2,816,880 3,185,710 368,830 13.09 $68,9102 Elementary School Teachers, Except Special Education 1,394,780 1,512,310 117,530 8.43 $56,3203 Accountants and Auditors 1,308,760 1,425,520 116,760 8.92 $72,5004 Software Developers, Applications 640,980 738,910 97,930 15.28 $96,2605 Management Analysts** 745,460 839,120 93,660 12.56 $89,9906 Market Research Analysts and Marketing Specialists 442,000 534,050 92,050 20.83 $67,7807 Computer Systems Analysts 546,160 635,620 89,460 16.38 $85,3208 Software Developers, Systems Software 421,560 479,520 57,960 13.75 $104,4809 Construction Managers*** 500,640 555,380 54,740 10.93 $92,700

10 Middle School Teachers, Exc. Special & Voc. Education 629,600 682,800 53,200 8.45 $56,63011 Medical and Health Services Managers 330,160 381,470 51,310 15.54 $101,34012 Personal Financial Advisors 235,460 277,670 42,210 17.93 $99,92013 Civil Engineers 283,640 321,230 37,590 13.25 $85,64014 Cost Estimators 212,800 249,900 37,100 17.43 $63,66015 Secondary School Teachers, Exc. Special and Voc. Ed. 966,380 1,003,410 37,030 3.83 $58,260

Source: United States Department of Labor, Bureau of Labor Market Statistics, Employment Projections Program, Forecast to 2021. Released December 2013.BLS education levels used for all occupations. **Requires 1 to 5 years of experience, ***Requires more than 5 years of experience.

Page 19: State University and College Systems  Orlando, Florida

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Fastest-Growing Bachelor’s Degree Level Occupations

Florida Statewide 2014-2021Employment 2014-21 Change 2014 Annual

Rank Occupation Title 2014 2021 Level Percent Average Wage1 Cost Estimators 11,651 14,830 3,179 27.29 $58,2402 Market Research Analysts and Marketing Specialists 15,423 19,534 4,111 26.65 $57,2003 Logisticians** 4,306 5,330 1,024 23.78 $68,9524 Software Developers, Systems Software 13,506 16,214 2,708 20.05 $91,6455 Database Administrators** 6,498 7,786 1,288 19.82 $78,3126 Personal Financial Advisors 15,793 18,861 3,068 19.43 $93,1017 Network and Computer Systems Architects and Administrators 14,627 17,389 2,762 18.88 $79,7898 Training and Development Specialists 12,671 14,964 2,293 18.10 $55,3289 Architects, Except Landscape and Naval 5,411 6,379 968 17.89 $77,896

10 Special Education Teachers, Kindergarten and Elementary 9,081 10,691 1,610 17.73 $49,50311 Software Developers, Applications 23,620 27,707 4,087 17.30 $81,57812 Vocational Education Teachers, Postsecondary** 7,292 8,536 1,244 17.06 $54,33013 Registered Nurses 173,537 202,635 29,098 16.77 $62,77414 Management Analysts** 49,331 57,312 7,981 16.18 $80,41315 Human Resources Specialists 24,721 28,641 3,920 15.86 $54,122

Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Employment Projections Program, Forecast to 2021. Released September 2013.BLS education levels used for all occupations. **Requires 1 to 5 years of experience.

Note: This table displays occupations with a minimum of 4,000 jobs in 2014.

Page 20: State University and College Systems  Orlando, Florida

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Fastest-Growing Bachelor’s Degree Level Occupations

United States 2014-2021Employment 2014-21 Change 2013 Annual

Rank Occupation Title 2014 2021 Level Percent Average Wage1 Information Security Analysts 80,580 99,760 19,180 23.80 $91,2102 Market Research Analysts and Marketing Specialists 442,000 534,050 92,050 20.83 $67,7803 Personal Financial Advisors 235,460 277,670 42,210 17.93 $99,9204 Operations Research Analysts 77,100 90,750 13,650 17.70 $81,6605 Cost Estimators 212,800 249,900 37,100 17.43 $63,6606 Computer Systems Analysts 546,160 635,620 89,460 16.38 $85,3207 Medical and Health Services Managers 330,160 381,470 51,310 15.54 $101,3408 Software Developers, Applications 640,980 738,910 97,930 15.28 $96,2609 Mental Health and Substance Abuse Social Workers 119,400 137,600 18,200 15.24 $44,420

10 Logisticians** 131,440 150,830 19,390 14.75 $76,33011 Social and Community Service Managers** 138,440 157,830 19,390 14.01 $65,75012 Software Developers, Systems Software 421,560 479,520 57,960 13.75 $104,48013 Web Developers 147,100 167,050 19,950 13.56 $67,54014 Civil Engineers 283,640 321,230 37,590 13.25 $85,64015 Registered Nurses 2,816,880 3,185,710 368,830 13.09 $68,910

Source: United States Department of Labor, Bureau of Labor Market Statistics, Employment Projections Program, Forecast to 2021. Released December 2013.BLS education levels used for all occupations. **Requires 1 to 5 years of experience..

Note: This table displays occupations with a minimum of 75,000 jobs in 2014.

Page 21: State University and College Systems  Orlando, Florida

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Highest-Paying Bachelor’s Degree Level OccupationsFlorida Statewide 2014

2014 Annual Rank Occupation Title Average Wage

1 Chief Executives*** $197,6832 Airline Pilots, Copilots, and Flight Engineers** $145,2803 Computer and Information Systems Managers*** $132,2884 Sales Managers** $129,4385 Financial Managers*** $128,6276 Marketing Managers** $119,7047 Architectural and Engineering Managers $118,7478 Sales Engineers $117,0429 Purchasing Managers*** $111,405

10 Broadcast News Analysts $110,09411 Public Relations and Fundraising Managers $110,03212 Human Resources Managers** $108,90913 Compensation and Benefits Managers** $107,74414 Medical and Health Services Managers $107,09915 Natural Sciences Managers*** $105,914

Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Occupational Employment Statistics and Wages Program. Released May 2014BLS education levels used for all occupations. **Requires 1 to 5 years of experience, ***Requires more than 5 years of experience. .

Page 22: State University and College Systems  Orlando, Florida

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Highest-Paying Bachelor’s Degree Level Occupations

United States 20132013 Annual

Rank Occupation Title Average Wage1 Chief Executives*** $178,4002 Petroleum Engineers $149,1803 Engineering Managers*** $136,5404 Marketing Managers** $133,7005 Natural Sciences Managers*** $132,8506 Computer and Information Systems Managers*** $132,5707 Airline Pilots, Copilots, and Flight Engineers** $129,6008 Financial Managers*** $126,6609 Sales Managers** $123,150

10 Advertising and Promotions Managers** $112,87011 Compensation and Benefits Managers** $112,04012 Public Relations Managers** $111,26013 Human Resources Managers** $111,18014 Purchasing Managers*** $109,64015 Geoscientists, Except Hydrologists and Geographers $108,420

Source: United States Department of Labor, Bureau of Labor Market Statistics, Division of Occupational Employment Statistics. Released March 2014.BLS education levels used for all occupations. **Requires 1 to 5 years of experience, ***Requires more than 5 years of experience. .

Page 23: State University and College Systems  Orlando, Florida

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Short-Term Demand IndicatorHelp Wanted OnLine (HWOL)

Help Wanted OnLine (HWOL) from The Conference Board measures real-time demand captured by online job adsThe Conference Board compiles online job ads from over 1,200 job boardsThe Florida Bureau of Labor Market Statistics compiles and publishes HWOL reports showing hiring demand for both the state and workforce regions

Page 24: State University and College Systems  Orlando, Florida

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Help Wanted OnLine (HWOL) Overview

Help Wanted OnLine (HWOL) from The Conference Board provides unduplicated job openings (ads) obtained by spidering technologyThe Conference Board began HWOL in 2005 in response to declining classified ads in newspapersThe Conference Board also publishes economic data series including the Consumer Confidence Index and Leading Economic IndicatorsThe Conference Board has been publishing data on labor demand since the 1950s

Page 25: State University and College Systems  Orlando, Florida

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Help Wanted OnLine (HWOL) • Currency (updated daily)

• Geographically comprehensive• Nation, State, MSA, County, City; customized areas

• Actual posted openings—not an estimate

• Has proven to be a leading indicator

• May include new and emerging occupations

• Useful for keyword searches• Industry specific searches

• STEM

Page 26: State University and College Systems  Orlando, Florida

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Help Wanted OnLine (HWOL)Data Caveats and Limitations

• Not all jobs are advertised on the Internet

• More high-end jobs are advertised

• Entry-level jobs are not broadly represented

• Some trades and union jobs are not typically advertised online

• Some employers are just resume fishing

• Some job ads are duplicated

Page 27: State University and College Systems  Orlando, Florida

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Help Wanted OnLine (HWOL)Data Uses

Real-time measure of occupational demandUsed as:

Economic indicatorTime series measureGeographic measure (very detailed)Career development and job placementMeasures labor market churning/shows hiring needs even when industries are in decline

Page 28: State University and College Systems  Orlando, Florida

Help-Wanted OnLine

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Page 29: State University and College Systems  Orlando, Florida

Help-Wanted OnLineBachelor’s Degree Occupations In Demand

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Source: The Conference Board, Help Wanted OnLine. BLS education levels used except for registered nurses.**Requires 1 to 5 years of experience, ***Requires more than 5 years of experience.

Top Occupations in Demand for Florida — Bachelor's DegreeOnline AdsJune 2014

Online AdsJune 2013

Total Bachelor's Degree Ads 71,936 71,321 Registered Nurses 14,125 12,519 Medical and Health Services Managers 3,194 3,334 Accountants 3,152 3,101 Web Developers 3,070 3,380 Computer Systems Analysts 2,740 2,896 Marketing Managers** 2,664 2,650 Network and Computer Systems Administrators 2,653 2,607 Software Developers, Applications 2,423 2,242 Sales Agents, Financial Services 2,333 2,558 Sales Managers** 2,015 2,107 Sales Reps, Wholesale and Manufacturing, Technical and Scientific Products 1,837 1,870 Financial Managers, Branch or Department*** 1,758 2,010 Management Analysts** 1,707 1,659 Information Technology Project Managers 1,397 1,471 Computer Programmers 1,267 1,340 Human Resources Specialists 1,212 1,000 Public Relations Specialists 1,177 1,319 Market Research Analysts and Marketing Specialists 1,082 1,037 Industrial Engineers 1,019 1,140 Human Resources Managers** 940 974 Software Quality Assurance Engineers and Testers 918 1,139 Vocational Education Teachers, Postsecondary** 888 802 Graphic Designers 837 885 Auditors 815 973 Civil Engineers 776 583

Page 30: State University and College Systems  Orlando, Florida

Help-Wanted OnLineBachelor’s Degree Occupations In Demand

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Source: The Conference Board, Help Wanted OnLine. BLS education levels used except for registered nurses. **Requires 1 to 5 years of experience, ***Requires more than 5 years of experience.

Top Occupations in Demand for the U.S. — Bachelor's DegreeOnline AdsJune 2014

Online AdsJune 2013

Total Bachelor's Degree Ads 1,668,397 1,684,515 Registered Nurses 214,411 195,239 Software Developers, Applications 86,584 93,295 Computer Systems Analysts 72,052 77,088 Marketing Managers** 71,331 73,367 Web Developers 70,503 83,160 Network and Computer Systems Administrators 67,233 71,335 Accountants 59,824 62,032 Industrial Engineers 53,093 54,215 Medical and Health Services Managers 52,251 53,670 Management Analysts** 47,793 45,598 Information Technology Project Managers 45,836 46,521 Sales Managers** 41,969 44,465 Financial Managers, Branch or Department*** 37,317 41,330 Sales Agents, Financial Services 37,289 38,244 Sales Reps, Wholesale and Manufacturing, Technical and Scientific Products 33,951 33,671 Computer Programmers 28,693 32,037 Market Research Analysts and Marketing Specialists 28,274 29,369 Software Quality Assurance Engineers and Testers 27,516 30,101 Computer Systems Engineers/Architects 27,143 26,001 Public Relations Specialists 24,433 26,610 Human Resources Specialists 23,968 21,018 Computer and Information Systems Managers*** 23,894 22,556 Human Resources Managers** 22,969 22,817 Mechanical Engineers 21,466 21,860 Secondary School Teachers, Except Special and Career/Technical Education 20,172 16,116

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Long-Term and Short-Term Demand IndicatorsOccupational Supply/Demand System

The purpose of the Supply/Demand system is to improve education and training alignment to better meet the hiring needs of business

The Supply/Demand system has been designed for education, workforce, economic development, business, job seekers, and students

The web-based data are statewide and by region

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Occupational Supply/Demand SystemData Definitions

The indicators of Potential Labor Supply by occupation are:

Public and private postsecondary education (enrollees, completers, and graduates by occupation based on CIP-SOC)Job seekers registered at career centers

The indicators for Labor Demand are:Employment projections by occupation (for long-term analysis)Help Wanted OnLine (HWOL) job ads by occupation (for short-term analysis)

Other Information:Current employment, wages, and education required by occupation

Page 33: State University and College Systems  Orlando, Florida

POSTSECONDARY EDUCATION & WORKFORCE SUPPLY

COMMISSION FOR

INDEPENDENT EDUCATION

(CIE)

DISTRICT POST-SECONDARY CAREER &

TECHNICAL EDUCATION

(DPSEC)

FLORIDA COLLEGE SYSTEM

(FCS)STATE

UNIVERSITY SYSTEM

(SUS)

INDEPENDENT COLLEGES & UNIVERSITIES OF FLORIDA

(ICUF)

REGISTEREDJOB SEEKERS IN

WORKFORCE INFORMATION

SYSTEM

(JS)

WORKFORCEINVESTMENT

ACT PARTICIPANTS

(WIA)

Data Sources of Potential Labor Supply by Occupation are:

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Page 34: State University and College Systems  Orlando, Florida

Occupational Supply/Demand SystemUpdate Cycles

SupplySUS and FCS—By termDPSEC—By termCIE—AnnualJob Seekers—DailyICUF—Annual from IPEDS (2 year old data)

DemandShort-term (HWOL)—MonthlyLong-term (Occupational Projections)—Annual

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Occupational Supply/Demand System Data CaveatsAll supply data is potential supply

Completers/graduates are counted in each occupation related to their program of study

Enrollees may or may not complete training

Completers may already have a job or may have moved out of the geographic area

Most jobseekers do not register with the career centers and for those registered they may or may not be qualified for the job they are seeking

Page 36: State University and College Systems  Orlando, Florida

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Data Caveats (continued)

Time frames for supply and demand data elements may differ

District and Florida College System enrollees and completers are based on supply in the workforce region and are not statewide based

University graduates are statewide only and cannot be parsed to workforce regions; the statewide report does include university graduates in supply

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Occupational Supply/Demand SystemData UsesEducation and workforce will use the data to create better alignment of education and training offerings in meeting the hiring demands of businessEconomic developers will have the most comprehensive and timely occupational data to determine available labor supply to support business recruitmentStudents will benefit from having real time information on jobs in demand now and in the future; jobseekers can use the information for re-employment purposes

Page 38: State University and College Systems  Orlando, Florida

Area Occupation SOC WIA-EDPSEC-

E FCS-E CIE-E WIA-CDPSEC-C FCS-C CIE-C

ICUF-C SUS-C JS

Total Supply

12 Registered Nurses 291141 17 2,984 942 10 540 119 972 2,111 276 935

• Enrollees on the Supply/Demand report are signified with an –E suffix following the Supply acronym while Completers/Graduates are indicated by a -C suffix.

• Notice that items in BLUE are used in creating the Total Supply (also in BLUE).

• REGIONAL Reports DO NOT include ICUF and SUS data in total supply as university graduates are considered statewide supply and are not parsed to a regional level. They are provided as informational supply only.

• STATEWIDE Reports DO include University graduates. When reviewing occupations for potential new training programs or programs to reduce, one should always review both the Regional and Statewide Reports.

Area Occupation SOC WIA-EDPSEC-

E FCS-E CIE-E WIA-CDPSEC-C FCS-C CIE-C

ICUF-C SUS-C JS

Total Supply

STW Registered Nurses 291141 2,074 27,803 11,969 882 5,345 2,258 972 2,111 5,417 16,103

Explanation of Supply/Demand Report Information…

Statewide Report

Regional Report

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Page 39: State University and College Systems  Orlando, Florida

Area Occupation SOCTotal Supply

Short Term Demand

Ratio of Supply to Demand

Supply Gap or Overage

CURR YR EMP

ENTRY WAGE

MEDIAN WAGE

EXP WAGE

ON TOL

FL EDUC LEV

12 Registered Nurses 291141 935 1,499 0.62 -564 18,195 $22.31 $27.33 $31.19 Yes 4

Other Information:Current employment, wages, and education required by occupation

Total Supply is contrasted against Short-Term Demand

Total Supply of 935 vs. Short-Term Demand of 1,499 leaves a “Gap” of -564 trained individuals

…and a ratio of .62 persons for each job ad existing

Fl. Education Levels 1=<HS 2=HS 3=Postsecondary Adult Vocational (PSAV) 4=College Credit 5= Bachelor’s 6= Master’s or higher

Explanation of Supply/Demand Report Information (Continued) …

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Page 40: State University and College Systems  Orlando, Florida

Short-Term Demand

This data series is based on employer generated job ads advertised on the internet. The source is The Conference Board’s Help Wanted OnLine data series which scrapes over 1,200 job boards. The data are available monthly and have been processed to reduce duplicate job ads.

Long-Term Demand

This data series is based on average annual openings based on long-term projections produced by the Occupations Projections program in DEO’s Bureau of Labor Market Statistics. These data are based on projected occupational growth and separations (includes projections of retirements and those changingoccupations, not simply changing jobs).

How do they Differ?

Short-term demand is based upon ads resulting from occupational growth, separations, and job churning.Job churning is the movement of workers from one job to another, usually due to seeking a better jobopportunity. As a result, short-term demand can exceed long-term demand.

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Page 41: State University and College Systems  Orlando, Florida

TOP 15 BACHELOR LEVEL OCCUPATIONS IN DEMAND USING ANNUAL LONG-TERM DEMAND DATA

**Requires 1 to 5 years of experience; ***Requires more than 5 years of experienceOffered at the Bachelor degree level Note: All data are statewide based, FCS, CIE and SUS data are based on 2012-2013 school year graduates, ICUF data are based on 2011-12 graduates. BLS education levels used for all occupations.

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Page 42: State University and College Systems  Orlando, Florida

***Requires more than 5 years of experienceOffered at the Bachelor degree level Note: All data are statewide based, FCS, CIE and SUS data are based on 2012-2013 school year graduates, ICUF data are based on 2011-12 graduates. BLS education levels used for all occupations.

Occupation FCS-C CIE-C ICUF-C SUS-CTotal

Supply

Short Term

Demand

Supply Gap or

Overage

Ratio of Supply to Demand

CURR YR EMP

OUT YR EMP

ENTRY WAGE

MEDIAN WAGE

EXP WAGE

Registered Nurses 2,038 3,051 1,380 506 6,975 15,487 -8,512 0.45 169,380 202,635 $23.76 $29.44 $33.55Computer Occupations, All Other 25 326 251 602 3,105 -2,503 0.19 5,167 5,656 $21.90 $36.22 $42.28Financial Managers*** 133 53 46 232 2,118 -1,886 0.11 18,448 20,113 $35.52 $55.22 $73.72Accountants and Auditors 362 909 840 2,111 3,932 -1,821 0.54 84,311 96,461 $20.01 $29.05 $38.41Computer Systems Analysts 252 56 370 691 1,369 2,934 -1,565 0.47 22,564 26,293 $28.69 $41.08 $50.09Software Developers, Applications 133 813 195 313 1,454 2,455 -1,001 0.59 23,036 27,707 $24.56 $38.28 $46.25Industrial Engineers 29 23 52 1,032 -980 0.05 10,209 11,018 $20.92 $33.06 $40.66Computer Programmers 211 81 80 108 480 1,262 -782 0.38 19,000 20,828 $21.68 $34.45 $43.71Civil Engineers 61 200 261 788 -527 0.33 14,237 16,793 $27.12 $38.52 $47.39Medical and Clinical Laboratory Technologists 7 7 530 -523 0.01 9,462 10,073 $21.73 $27.35 $30.20

Electrical Engineers 71 207 278 571 -293 0.49 7,507 8,346 $28.33 $40.36 $48.77Sales Engineers 266 -266 N/A 2,046 2,260 $34.69 $48.74 $66.78Cost Estimators 4 5 104 113 343 -230 0.33 11,197 14,830 $17.66 $26.01 $33.60Information Security Analysts 76 10 144 201 431 573 -142 0.75 3,833 4,603 $23.72 $36.35 $45.07Mechanical Engineers 97 308 405 544 -139 0.74 6,828 7,526 $23.54 $36.92 $46.48

TOP 15 BACHELOR LEVEL OCCUPATIONS IN UNDERSUPPLY USING SHORT-TERM DEMAND DATA (JUNE 2014)

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www.floridajobs.org/lms/jid

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Unemployment Rate(Percent)

Median Earnings (Dollars)

Master’s degree

Bachelor’s degree

Associate degree

Some college, no degree

11.0

7.5

7.0

5.4

4.0

3.4

2.3

2.2

$24,544

$33,852

$37,804

$40,404

$57,616

$69,108

$89,128

$84,396

High-school graduate

Some high-school, no diploma

44

Professional degree

Doctoral degree

Notes: Unemployment and earnings for workers 25 and older; earnings for full-time wage and salary workers. 2013 Weekly Median Earnings (multiplied by 52 weeks).Source: Bureau of Labor Statistics, Current Population Survey, March 2014.

Education and Training pay …2013 Annual Average

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Contact Names for Jobs in Demand

Name Subject Phone e-Mail

George Foster Long-Term Demand (projections)

(850) 245-7249 [email protected]

Duane Whitfield Occupational Supply/Demand

(850) 245-7283 [email protected]

Warren May Short-Term Demand (Help Wanted OnLine)

(850) 245-7225 [email protected]

Page 46: State University and College Systems  Orlando, Florida

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FloridaDepartment of Economic Opportunity

Bureau of Labor Market Statistics

Caldwell BuildingMSC G-020

107 E. Madison StreetTallahassee, Florida 32399-4111

Phone (850) 245-7283

Duane [email protected]

www.floridajobs.org/lmscfreida.labormarketinfo.com

www.floridawages.comwww.whatpeopleareasking.com