Labor Market Review - WOW Workforce Development

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Presentation put on by Wisconsin Department of Workforce Development labor economist Betsy Falk from the October 21st Washington/Ozaukee/Waukesha Workforce Development Open House

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Labor Market Review - WOW Workforce Development

  1. 1. Labor Market Review Betsy Falk Southeastern Wisconsin Labor Economist 262.638.6602 [email_address]
  2. 2. Open House employment review with an overview of new employment studies <ul><li>Past and current unemployment data </li></ul><ul><li>Review of changes to employment </li></ul><ul><li>Demographic changes </li></ul><ul><li>Current and future employment needs </li></ul><ul><li>WIRED funded studies </li></ul><ul><ul><li>Job Openings (UWM) </li></ul></ul><ul><ul><li>Knowledge, Skills and Abilities (EMSI) </li></ul></ul><ul><li>Useful websites </li></ul>
  3. 3. Unemployment Rates Explained* * Numbers displayed do not represent any actual employment data. They are used for only as an example.
  4. 8. Milwaukee7 Fourth Quarter Employment and Wage Changes
  5. 9. Job Center of Wisconsin
  6. 11. WOW Counties LFPR
  7. 13. WOW Counties Jobs by Industry
  8. 16. Regional Workforce Alliance
  9. 17. Regional Workforce Alliance <ul><li>7 Counties </li></ul><ul><li>2007 WIRED Grant $5.1 million </li></ul><ul><li>$2.5 million Workforce Innovation Fund </li></ul><ul><li>Proof of Concept – Quick Hit </li></ul><ul><ul><li>Deloitte Study </li></ul></ul><ul><ul><li>2 Industries </li></ul></ul><ul><ul><li>5 Occupations </li></ul></ul><ul><li>EMSI Study </li></ul><ul><ul><li>Ability, Skill, Knowledge </li></ul></ul><ul><li>UW Milwaukee Study </li></ul><ul><ul><li>Job Openings </li></ul></ul>
  10. 18. Assumptions: <ul><li>ONET – National standards </li></ul><ul><ul><li>Over 150 attributes per occupation </li></ul></ul><ul><ul><li>Ability – born with </li></ul></ul><ul><ul><li>Skill - develop </li></ul></ul><ul><ul><li>Knowledge – specific course curriculum </li></ul></ul><ul><li>Limit the number to cross-check at 5 abilities, 5 skills and 5 knowledge areas </li></ul>
  11. 19. STUDY RESULTS FOR INDUSTRIES
  12. 20. Service Occupations
  13. 21. Service Occupation – Group 1
  14. 22. Service Occupation – Group 2
  15. 23. Service Occupation – Group 3
  16. 24. STUDY RESULTS (Other Compatible Occupations)
  17. 25. Handy Websites <ul><li>Check on job titles, skills and related occupations: Onet </li></ul><ul><ul><li>http://online.onetcenter.org/ </li></ul></ul><ul><li>Definition of “green” jobs and industry: EMSI </li></ul><ul><ul><li>http://www.economicmodeling.com/ </li></ul></ul><ul><li>Wage comparison for counties and length of service: Wisconsin WorkNET </li></ul><ul><ul><li>http://worknet.wisconsin.gov/worknet/wagecomparison.aspx?menuselection=ce </li></ul></ul><ul><li>Wisconsin Department of Workforce Development Office of Economic Advisors </li></ul><ul><ul><li>http://www.dwd.state.wi.us/oea/ </li></ul></ul><ul><li>Regional Workforce Alliance </li></ul><ul><ul><li>http://www.milwaukee7-rwa.org/wiki </li></ul></ul>
  18. 26. Questions????

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