Picture doesn’t look promising for MW and southern region. Indiana and neighboring states all above 10% unemployment.
Good news? Rate of increase may be slowing? Indiana’s picture also shows relative good position we were in as compared to our neighbors one year ago. IN, MI nad OH all facing severe layoffs in Auto Industry – however, we did not see as great a decline in finance, and we did not have the same housing bust as our neighbors in Chicago, and other larger cities in OH. First saw the signs last spring. Other reasons for optimism – Indiana has been working to diversify employment sectors – we have more foreign auto –makers, and emerging life science industries. (More on employment growth in those industries later)
Slowing decline, various predictions about rate of “recovery” most assume it will be modest. Beginning with ramping up of construction jobs, and then when consumer confidence continues to rise we will see more of an impact. Preditions for Indiana – see actualy income growth in 2nd 3rd qtr 2010
Current Employment Statistics – tells us Industry composition is changing and which industries are experiencing growth – Manufacturing use to be 19 o 20% of employment – that is on the decline, yet remains a large % of IN employment and jobs are still in demand in advanced manufacturing, engineering, and STEM. while Educ and Health is growing. Also TTU. Indpls is becoming a location for transportation and logistics. Over the year – during the recession – Educ, Health, and Leisure and Hospitality only large sectors with growth. This includes a lot of Indiana new gamning and casinos. Other Services includes such diverse business sectors as repair & maintenance, personal & laundry services (e.g. barber&beauty shops, funeral homes & cemeteries, parking lots, dog walkers, etc. etc. etc.) and religious, grantmaking, civic & professional organizations.
Where the jobs are – MSAs - More potential “good news” Continuing Rebound in Indpls MSA - Ad rates are the number of advertised vacancies as a percent of the BLS civilian labor force data for a geographic area. Ad rates represent the number of ads per 100 participants in the civilian labor force. All areas had a sharp drop in January 2009 – Indianapolis has shown an increase each month since April and Indiana has done the same since May. Here are the technical notes for Help Wanted Online (HWOL). http://www.conference-board.org/pdf_free/HWOnLineSept08_TN.pdf. # 11 in list of 25 = Hamilton County, IN Forbes List Job growth (2000-2008): 56.8%
HWOL is a monthly measure of labor demand using advertised job vacancies at the national, regional, state, metropolitan areas. The Conference Board began the HWOL data series in July 2005 and it replaces the Help Wanted Advertising Index of newspaper print advertising. The HWOL covers the full universe of online advertised job vacancies which are posted directly on internet job boards or through newspaper online ads. Online ads from over 1200 job boards in the U.S. are collected and the data reflect unduplicated ads. HWOL is a universe count and is not subject to sampling error found in statistical surveys.
About the Conference Board:
For over 90 years, The Conference Board has created and disseminated knowledge about management and the marketplace to help businesses strengthen their performance and better serve society. The Conference Board operates as a global independent membership organization working in the public interest. It publishes information and analysis, makes economics-based forecasts and assesses trends, and facilitates learning by creating dynamic communities of interest that bring together senior executives from around the world. The Conference Board is a not-for-profit organization and holds 501(c)(3) tax-exempt status in the United States. For additional information about The Conference Board and how it can meet your needs, visit us here on our website at www.conference-board.org.
To give you a little background on DWD career planning tools – based on research on importance and transferability of skills - The O*NET program is the nation&apos;s primary source of occupational information. Central to the project is the O*NET database, containing information on hundreds of standardized and occupation-specific descriptors. The database, which is available to the public at no cost, is continually updated by surveying a broad range of workers from each occupation. Information from this database forms the heart of O*NET OnLine, an interactive application for exploring and searching occupations. The database also provides the basis for our Career Exploration Tools, a set of valuable assessment instruments for workers and students looking to find or change careers
Originally designed with dislocated and incumbent workers in mind – we would like to continue to build on this concept of skill transferability, and the importance of basic skill development combined with higher education. Also illustration of how job experience – internships can build skills and assist job seekers on their career pathways to success. Listed in this career guide are all High Wage and High Demand occupations projected over the next decade for Indiana – and the skills, and educational requirements for success.
The 2009 Hoosier Hot 50 Jobs is a list of High Wage growth occupations in Indiana, ranked according to a single index of 7 weighted occupational measures of growth and opportunity for Hoosier workers now and into the future. Sources and Measures used for determining the 2009 Hoosier Hot 50 Jobs Sources:Indiana 2006-2016 Long Term Occupational Projections Indiana 2008-2010 Short Term Occupational Projections Indiana Occupational Employment Statistics Wage Survey 2007 (OES) Measures:Long Term Growth 2006-2016 (numeric and percent change) Short Term Growth 2008-2010 (numeric and percent change) Long and Short Term Job Openings (openings due to growth plus openings due to worker replacements) Indiana 2007 OES Occupational Median Wages (New!) Regional Hoosier Hot 50 Jobs
High-Wage, High-Demand Occupations are a larger set of occupations with wages at or above the median wage for all occupations, and are expected to produce a large number of job openings during the 2006-2016 time period. Those job openings may occur due to occupational job growth and/or due to replacement needs within the occupation. Growth areas = Education and Training, Healthcare practictioners, management, business and financial… 267 Total HWHD Occupations 238 Require Significant Education and/or Training beyond HS 179 Require Higher Education (beyond HS) None fall in Food Service Major grouping, very few fall in farming, forestry, or personal care services… also only a small % in office and support, legal occupations, - and while there are many health and food support occupations – very few offer above median wages.
Innovative Information for Indiana: Workforce Development’s data and statistics website For more information on the employment and career tools I have discussed today Hoosiers by the Numbers includes both interactive and static data pages. There is a navigation bar on the left side of the page. The Home Page includes: Links to timely news articles, including news releases, INContext, and archive articles •Major employer data from the ALMIS database (Simple Business Lookup) County Highlights map of Indiana – links to data for each county in the state Employment Data Data by region, quick stats, data by audience
Each topic has tabs across the top of the data area. These tabs include: Data where you make the choices to receive the data output you want Various views Overview Comparison – can get data by a single year or by all available years for a single geographic area or item Time-series – select a single year or all available years for all areas (ex. Counties, EGRs, MSAs, etc.) Percent Distributions (Job Wages topic only)- Shows percentage of classification groups across a topic. All selection parameters on one page Ability to customize regions and group counties Ability to view or download into Excel, Word, PDF, CSV, Web Page; Topic Description providing information about the subject Help & FAQ’s allows you to find answers to questions you may have about the topic Resources gives you additional sources of information for the topic Publications provides you with reports specific to the topic
The Education page includes: Data Completers data (postsecondary education) Critical skills by region – Includes links to Strategic Skills Initiative information Indiana Dept. of Education Elementary and Secondary Schools Data Progress Reports Education Census Data – educational attainment information from the 2000 Census for counties, cities, townships High Wage/High Demand Occupations Occupational Projections-Long Term Occupational Projections-Short Term Strategic Skills Initiative Data Packets Work Keys Skill Requirements/Levels Publications Career Guides Hoosier Hot Jobs Statewide & Regional Tools Career Profiles Indiana School Districts Interactive Tool License Lookup Occupational Supply/Demand System Training Providers and Programs (postsecondary education)
Occupational Data includes: Career Guides High Wage/High Demand Occupations Hoosier Hot Jobs (Statewide & Regional) Industries by Job Job Vacancy Survey (coming soon!) Job Wages (OES) – occupational employment estimates and wage data Occupational Projections Long-term – by state and economic growth regions (EGR); by employment growth or annual average openings; can sort by column headings. Short-term – by state or EGRs Occupational Supply/Demand System (OSDS)
Indiana Career Connect-Indiana Department of Workforce Development’s new job matching system.
ICC is just one of many services that is provided by WorkOne. WorkOne is the part of our agency with direct community involvement. We have over 90 offices throughout the state, with at least one in almost all the counties The WorkOne Brand promise to individuals is that everyone has the: Right to know their skills, improve their skills, and get the best job for their skills. We help people know their skills by offering many assessment tools, and requiring that everyone take a brief minimal assessment so that we can help them identify general weak areas. (example 20 years on a job and haven’t taken a math test or done an interview) Finally we help people find work through our job assistance services and system. This is done directly with clients via our WorkOne staff and is also offered as a self service to clients via Indiana Career Connect.
WorkOne also provides valuable services to Employers. In fact, the leaders in our WorkOne offices all tell me that Employers are their most important customers. Our services to employers starts with having a large applicant pool available at your fingertips. By knowing the individuals in our applicant bank, we can improve the candidates who are referred to you. This is our minimum level service which leaves many of the hiring activities as the employers obligation. Therefore, we also offer more thorough services to employers by helping them selecting and screening candidates. We can complete custom testing of all applicants and/or preliminary interviewing of applicants so that the employer can reduce the amount of time spent finding qualified candidates. We can also more thoroughly partner with an employer with our WorkKeys program which analyzes the skill requirements of a position and then screens applicants based on these skill requirements (so that a inadequate candidate does not get referred). All of these services are designed to make employers more efficient. Finally, we have some opportunities for training programs available to companies. There are training grants available from the state and then our offices also offer some basic training course which can be customized to the needs of your business.
State of Employment in Indiana
• Indiana Employment Update
• High Wage/ High Demand and the Hoosier Hot
• Resources available on Hoosiers by the
• ICC and other DWD resources
Indiana Career Connect
Powered By WorkOne
• Services available toServices available to INDIVIDUALSINDIVIDUALS::
– KNOW YOUR SKILLSKNOW YOUR SKILLS
• Basic skills assessment and other technical assessmentsBasic skills assessment and other technical assessments
• Career and Labor Market information researchCareer and Labor Market information research
– IMPROVE YOUR SKILLSIMPROVE YOUR SKILLS
• Training on commonly needed workplace skillsTraining on commonly needed workplace skills
– Math review, computer courses, interviewing skillsMath review, computer courses, interviewing skills
• Opportunities for occupational trainingOpportunities for occupational training
– Certifications, college courses, degreesCertifications, college courses, degrees
– FIND THE BEST JOB FOR YOUR SKILLSFIND THE BEST JOB FOR YOUR SKILLS
• Job placement assistance – IndianaCareerConnectJob placement assistance – IndianaCareerConnect
Powered By WorkOne
• Services available toServices available to EMPLOYERSEMPLOYERS::
– Bank of CandidatesBank of Candidates
• Customized recruiting and job fair servicesCustomized recruiting and job fair services
• Labor Market information and insightLabor Market information and insight
– Assistance in Selecting CandidatesAssistance in Selecting Candidates
• Candidate screening, testing, and interviewingCandidate screening, testing, and interviewing
• WorkKeys – Job task analysis and workforce skillWorkKeys – Job task analysis and workforce skill
– Training of EmployeesTraining of Employees
• Opportunities for training grantsOpportunities for training grants
• Customized training programsCustomized training programs
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