Quarterly report region 9 q1 2015 final reduced size pdf
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Transcript of Quarterly report region 9 q1 2015 final reduced size pdf
WORKFORCEINTELLIGENCE NETWORKQUARTERLY REPORT · REGION NINE · Q1 2015
Labor Market and Demand Overview
Occupational Clusters
Advanced Manufacturing: Skilled Trades & Technicians Advanced Manufacturing: Engineers & Designers Information TechnologyHealth CareRetail & HospitalityAgriculture
Labor Market and Demand Summary
Data Notes and Sources
CONTENTS
GEOGRAPHY
Prosperity Region 9 includes 6 counties:
Hillsdale, Jackson, Lenawee, Livingston, Monroe, and Washtenaw.
SECTION ONE LABOR MARKET
AND DEMAND OVERVIEW
TOP 20 JOBS IN DEMAND
JANUARY - MARCH 2014
The Region 9’s top in-demand occupations remain relatively unchanged, but the occupations shift in order depending on the point in the business cycle. Heavy and tractor-trailer truck drivers are the top in-demand position once again, with 800 online ads in Q1 2015. Retail salespersons and registered nurses are also some of the region’s most in-demand occupations, again this quarter. Postings for software developers, applications more than doubled between Q4 2014 (307 postings) and Q1 (676 postings), bringing this occupation to the second most in-demand spot in Region 9.
EMPLOYMENT AND LABOR FORCE
2014 was a time of limited expansion in employment and nearly no change in the labor force. The annual average employment in Region 9 in 2014 was 456,096 individuals with an available labor force of 485,765. Employment peaked in November 2014 at 463,932 individuals, a positive trend of growth is likely to continue.
Employment in Region 9 is growing faster than labor force participation, which has remained nearly stagnant since mid-2013. December 2014’s employment of 460,875 individuals demonstrates a strong gain from January’s 445,155.
The region’s average unemployment rate was 6.1% during 2014, a 1.4 percentage point drop from 2013’s average rate of 7.5%. As employment has grown faster than the labor force, the drop in unemployment is due mostly to job gains.
JANUARY - MARCH 2014
EMPLOYER DEMAND
Total job postings in the region reached a peak this quarter with 17,499 online ads posted by local employers. Postings in Region 9 remain high relative to previous years, following an initial spike at 19,980 postings in Q3 2013. That spike turned out to be the start of a new trend of higher posting levels with Q1 2015’s 17,499 postings the highest seen since 2013’s original peak. Historically, postings in Region 9 have remained relatively stagnant between Q1 and Q2, so this can be expected in 2015, however, the data point to an overall increase in job demand. Every occupation cluster analyzed by WIN experienced gains in job postings this quarter, contributing to the region’s overall growth in job demand. IT added the most postings and grew the most (865 additional job ads, 66% growth over Q4 2014). One hundred percent of the growth in online job ads can be explained by the six clusters analyzed for Region 9.
EMPLOYMENT AND LABOR FORCE OVERVIEW
EMPLOYMENT AND LABOR FORCE OVERVIEW
SECTION TWO OCCUPATIONAL CLUSTERS
SECTION TWO OCCUPATIONAL CLUSTERS
REGION NINE DEMAND OVERVIEW
SKILLED TRADES AND TECHNICIANSWIN’s technicians/skilled trades category includes jobs related to advanced manufacturing. Southeast Michigan has more demand for skilled- trades labor, such as CNC machinists and welders, than almost anywhere else in the country. In 2014, skilled trades employment reached 18,385 individuals in Region 9. NOTE: Skilled trades related to construction and repair are not included in this cluster, as the focus is on advanced manufacturing.
ADVANCED MANUFACTURING
The most postings in the skilled trade and technician cluster during Q1 2015 were for computer-controlled machine tool operators, metal & plastic, with 94 postings. First-line supervisors of production and operating workers are the second most in-demand skilled trade job in the region with 85 postings. This occupation’s appearance as a top in-demand job in Region 9 signals a need for management in the skilled trades, complimenting the high demand for technically skilled occupations that round out the top of the list.
SKILLED TRADES AND TECHNICIANS: TOP JOBS
ADVANCED MANUFACTURING
SKILLED TRADES AND TECHNICIANS: ONLINE JOB POSTINGS OVER TIME
ADVANCED MANUFACTURING
Like total postings in Region 9, skilled trades and technician postings have increased since last quarter. Adding 187 postings, levels between Q4 2014 and Q1 2015 increased 37.2%. Compared to a year ago, postings in this sector have grown 10.7% since Q1 2014. This quarter’s 689 postings is one of the highest levels seen since analysis began, and is part of an increasingly less volatile cycle of postings in this sector since Q3 2013’s peak at 753 ads.
ADVANCED MANUFACTURING
Region 9 has a competitive edge in the skilled trades with many of the top in-demand jobs at a higher concentration of workers than the rest of the nation. Tool and die makers have a location quotient (LQ) of 4.95 meaning that the concentration of these workers in this 6-county region is 4.95 times that of the rest of the U.S. on average. Milling and planning machine setters, operators, & tenders; CNC machine tool programmers; machinists; and cutting, punching, and press machine setters, operators, & tenders have similarly large LQs.
Skilled trade jobs also allow workers to earn a living wage with the median hourly rate above $15 for nearly every in-demand job. Starting wages (10th percentile) are not as competitive for every job, but all positions offer upward wage growth.
Many skilled trade jobs do not require a degree but instead a special certification and on-the-job training. Technician positions require an associate’s degree in engineering. While there are grads in the area with related training to the top skilled trade jobs, they are not enough to fill all open positions as employers continue to increase worker demand.
SKILLED TRADES AND TECHNICIANS: TOP 15 JOBS LOCATION QUOTIENT AND WAGES
ADVANCED MANUFACTURING
O-NET OccupationMedianHourly
Earnings
10thPercntile HourlyEarnings
90th Percentile HourlyEarnings
2012 MeanSalary
According to BLS
Total # # # # #
Skilled Trades # # # # #
Engineers & Designers # # # # #
IT # # # # #
Health Care # # # # #
# # # # # #
SKILLED TRADES AND TECHNICIANS: TOP 15 JOBS RECENT GRADUATES AND EDUCATION AND TRAINING REQUIREMENTS
ENGINEERS AND DESIGNERSJobs in the manufacturing industry can range from assembly and production, to skilled trades and technicians, designers and engineers, and even computer-related occupations such as software development. This section focuses on engineers & designers, which represent 10,508 employed individuals in Region 9. Demand for engineers in the region has been consistent, and employment has been growing quickly.
ADVANCED MANUFACTURING
Mechanical engineers once again top the list in this cluster, with 164 postings in Q1 2015. Postings for this occupation remain high every quarter. Demand for electrical engineers and industrial engineers also remain high in Q1, with 134 and 129 online ads, respectively. These three occupations regularly hold the top spots, shifting order between quarters. The postings for electrical engineers and industrial engineers represent significant increases between quarters, with demand for electrical engineers increasing 52.3% from Q4’s 88 postings, and demand for industrial engineers increasing 65.4% from 78 postings.
ENGINEERS AND DESIGNERS: TOP JOBS
ADVANCED MANUFACTURING
ENGINEERS AND DESIGNERS: ONLINE JOB POSTINGS OVER TIME
ADVANCED MANUFACTURING
Postings in the engineering & design clusters are the highest in Region 9 since analysis of job demand began in 2011. Demand for occupations in this cluster peaked during Q1 2015 with 855 online ads posted. Region 9 employer demand in this cluster had remained fairly steady, around 600 job postings per quarter, after Q3 2013’s peak at 772 postings. The current peak in postings in Q1 may signal a slightly higher level of postings in the quarters to follow, as was seen after Q3 2013.
Engineering &design postings represent 4.9% of online job ads in Region 9.
ADVANCED MANUFACTURING
Region 9 has a competitive edge in the engineering & design occupations with many of the top in-demand jobs at a higher concentration of workers than the rest of the nation. The top in-demand occupation, mechanical engineers, has a location quotient (LQ) of 3.34, meaning that the concentration of mechanical engineers in Region 9 is 3.34 times higher than the rest of the nation. Industrial engineers, commercial & industrial designers, and nuclear engineers also have similarly large LQs.
Engineering and design jobs are good paying jobs for Region 9 workers, with median wages between $35 and $45 an hour for most of the in-demand occupations. Even starting wages (10th percentile) have mid-level wages, with many of the in-demand occupations starting above a living wage of $15 per hour, some even above $20 an hour, and with good opportunities for wage growth.
These well-paying jobs require advanced educational attainment; almost all in-demand engineer and designer occupations require at least a bachelor’s degree. Regional institutions have high numbers of completers in programs that could prepare workers for many engineering and design occupations.
ENGINEERS AND DESIGNERS: TOP 15 JOBS LOCATION QUOTIENT AND WAGES
ADVANCED MANUFACTURING
O-NET OccupationMedianHourly
Earnings
10thPercntile HourlyEarnings
90th Percentile HourlyEarnings
2012 MeanSalary
According to BLS
Total # # # # #
Skilled Trades # # # # #
Engineers & Designers # # # # #
IT # # # # #
Health Care # # # # #
# # # # # #
ENGINEERS AND DESIGNERS:TOP 15 JOBS RECENT GRADUATES AND EDUCATION AND TRAINING REQUIREMENTS
Information technology jobs include occupations that are associated with entry level, technical, and professional careers related to the design, development, support and management of hardware, software, multimedia, and systems integration services. While the information technology cluster does not currently meet the employment levels of the other clusters, it is quickly growing. In 2014, IT occupational employment was 11,773 in Region 9. Top jobs in this cluster include computer support specialists, computer systems analysts, and software developers for applications.
INFORMATION TECHNOLOGY
Not surprisingly, the top job in the IT cluster for Region 9 is software developers, applications with 676 postings in Q1 2015. This occupation has been at the top of IT postings for several years and outpaces demand for other IT jobs in the region by almost 3:1. Postings for this occupation and other top jobs such as computer user support specialists (240 postings) and computer systems analysts (152 postings) have maintained their top demand positions for several years. This indicates that employer demand remains high for workers with these specific skills. Considering the recent growth in demand for IT occupations and the direction of the regional economy, these trends are expected to continue.
INFORMATION TECHNOLOGY
TOP JOBS
ONLINE JOB POSTINGS OVER TIME
INFORMATION TECHNOLOGY
IT postings in Region 9 saw a dramatic peak this quarter, at 2,174 postings. Postings in this cluster had remained around the 1,400 level throughout 2014, and really since a 1,768 peak in Q3 2013. The new level of IT postings in Q1 represents a 55% increase over 2014’s average quarterly postings of 1,403. This high number of postings is an anomaly but increased employer demand could hopefully indicate that employment in IT will grow.
IT postings make up 12.4% of total postings in Region 9, a relatively high demand occupation group.
INFORMATION TECHNOLOGY
Consistent with the trend of growing demand seen in Region 9’s IT cluster, the region has room for improvement in several IT occupations compared to the rest of the nation. Computer user support specialists have a location quotient (LQ) of 1.62, meaning that the concentration of this type of worker in Region 9 is 62% higher than the national average. LQs for web developers, computer programmers, and software developers, systems software indicate that Region 9 has a small advantage in employment in these occupations over the rest of the U.S. While these occupations have an LQ over “1”, the national average, other IT occupations have room for improvement.
IT cluster occupations are well-paying jobs for Region 9 workers. Median wages for many IT occupations top $35 per hour. Even starting wages (10th percentile) provide the region’s workers with living wages, with many of the most in-demand occupations paying close to $20 an hour, and room for wage growth.
Most of these well-paying jobs require advanced educational attainment; almost all in-demand IT occupations require at least a bachelor’s degree. However, there is room for entry-level workers and those with some college or a two-year degree in some of the most in-demand occupations in Region 9, too. Regional institutions have high numbers of completers in programs that could prepare workers for many of these IT occupations, but employment numbers do not necessarily reflect that workers are choosing these professions or staying in the region to work after completing a degree.
TOP 15 JOBS LOCATION QUOTIENT AND WAGES
INFORMATION TECHNOLOGY
O-NET OccupationMedianHourly
Earnings
10thPercntile HourlyEarnings
90th Percentile HourlyEarnings
2012 MeanSalary
According to BLS
Total # # # # #
Skilled Trades # # # # #
Engineers & Designers # # # # #
IT # # # # #
Health Care # # # # #
# # # # # #
TOP 15 JOBS RECENT GRADUATES AND EDUCATION AND TRAINING REQUIREMENTS
WIN’s health care occupation cluster includes jobs related to health care support and practitioners. This cluster is one of Region 9’s largest with, 48,914 employees in 2014. Employment in this cluster has been consistently growing, more health care workers needed to care for Michigan’s aging population and in response to regulatory and other changes. Registered nurses are routinely the most in-demand job in this cluster.
HEALTH CARE
Not surprisingly, registered nurses are the most in-demand occupation in the health cluster for Region 9, like other regions. Region 9 employers posted 654 online ads for RNs during Q1 2015, outpacing the next most in-demand occupations in the cluster by almost 4 times. Other top jobs in the health care cluster are nursing assistants (171 postings) and nurse practitioners (131 postings). The top in-demand occupations remain unchanged from Q4 2014 postings.
HEALTH CARE
TOP JOBS
ONLINE JOB POSTINGS OVER TIME
HEALTH CARE
Postings for health care workers have increased this quarter from 1,942 in Q4 2014 to 2,384 in Q1 2015. Postings in this cluster have fluctuated around 1,950 per quarter since a peak at 2,583 in Q3 2013. The high level of postings in Q1 is a 21.3% increase over 2014’s quarterly average and may signal more demand for these occupations to come.
Health care occupation online postings represent 13.6% all online job postings in Region 9.
HEALTH CARE
Region 9 has a competitive edge in health care occupations with employment in many of the top in-demand jobs at a higher concentration than the rest of the nation. Registered nurses have a location quotient (LQ) of 1.47, meaning that the concentration of this type of worker in Region 9 is 47% higher than the national average. LQs for nursing assistants, nurse practitioners, and several other health care occupations are similarly large.
Registered nurses and nurse practitioners are well-paying jobs for Region 9’s workers, with median wages in theses occupations of $31.79 and $41.25, respectively. Other health care occupations, representing a wide range of educational attainment and experience levels, promise living wages for workers as well.
Most health care cluster occupations require either a two-year degree or some post-secondary training or certificate, at minimum. Higher skilled occupations like physician assistants and physicians or surgeons require advanced degrees, like a master’s degree or doctoral or professional degree; health care occupations present regional workers with opportunities for work at all educational levels. Regional institutions have high numbers of completers in programs that could prepare workers for many of these health care occupations, even the most in-demand like registered nurses, but job posting data still show high demand for RNs and similar occupations, indicating that employers see a mismatch between their needs and the skills of those completing related programs.
TOP 15 JOBS LOCATION QUOTIENT AND WAGES
HEALTH CARE
O-NET OccupationMedianHourly
Earnings
10thPercntile HourlyEarnings
90th Percentile HourlyEarnings
2012 MeanSalary
According to BLS
Total # # # # #
Skilled Trades # # # # #
Engineers & Designers # # # # #
IT # # # # #
Health Care # # # # #
# # # # # #
TOP 15 JOBS RECENT GRADUATES AND EDUCATION AND TRAINING REQUIREMENTS
The retail and hospitality cluster is the largest occupational cluster that WIN analyzes, both in terms of employment and online job postings. This cluster is of very high importance to the region because it is the first to grow when the economy expands and the first to contract in a downturn: It is often a leading indicator. As defined by WIN, the retail and hospitality cluster encompasses all customer service occupations, with skills transferrable across the retail sector, the hotel industry, food and beverage service industry, call centers, and other areas. In 2014, 110,843 individuals were employment in retail and hospitality related occupations in Region 9.
RETAIL AND HOSPITALITY
The top posting jobs in retail and hospitality remain consistent quarter to quarter. Retail salespersons once again top the online-job demand lists, with 501 postings during Q1 2015. Demand for this occupation often significantly outpaces demand for the next highest posting job. First-line supervisors of retail sales workers (368 postings), sales representatives in wholesale and manufacturing (364 postings), and customer service representatives (348 postings) were the next most in-demand occupations for the retail and hospitality cluster in Q1.
RETAIL AND HOSPITALITY
TOP JOBS
ONLINE JOB POSTINGS OVER TIME
RETAIL AND HOSPITALITY
Postings in the retail and hospitality cluster are up from 3,052 in Q4 2014 to 3,556 in Q1 2015. Postings in this cluster have generally been declining since a peak at 4,891 ads in Q3 2013. Although early to project a trend from Q1’s increased demand, higher postings in this cluster could indicate health in other parts of the economy as retailers hire to respond to increased sales.
Retail & hospitality occupations are the most in-demand of the clusters analyzed in Region 9, accounting for 20.3% of all online job postings in the region.
RETAIL AND HOSPITALITY
Region 9 employment in certain retail and hospitality occupations has a slight competitive when compared to the rest of the nation. For example, combined food preparation and serving workers have a location quotient (LQ) of 1.24, meaning that the concentration of this type of worker is 24% higher in Region 9 than it is in the rest of the nation, on average. Other occupations in this cluster, like janitors and cleaners, and sales floor stock clerks have LQs higher than 1, indicating that employment in those occupations is slightly more concentrated in Region 9 than elsewhere. However, many of the region’s retail and hospitality clusters have gains to make in employment relative to the rest of the nation.
Occupations in this cluster compensate workers anywhere from $8.77 to $49.57 per hour, at the median. Management level and wholesale & manufacturing sales positions offer some of the highest wages for their workers, and the most opportunity for wage growth with experience.
The higher-paying retail positions, mentioned above, are those most likely to require more education, like a bachelor’s degree. Most other occupations in the retail and hospitality cluster require little previous experience and only some on-the-job training of their workers. Many degrees can prepare workers for high level retail jobs in sales and marketing, so analyzing regional related degree completions is not very applicable to this occupation cluster.
TOP 15 JOBS LOCATION QUOTIENT AND WAGES
RETAIL AND HOSPITALITY
O-NET OccupationMedianHourly
Earnings
10thPercntile HourlyEarnings
90th Percentile HourlyEarnings
2012 MeanSalary
According to BLS
Total # # # # #
Skilled Trades # # # # #
Engineers & Designers # # # # #
IT # # # # #
Health Care # # # # #
# # # # # #
TOP 15 JOBS RECENT GRADUATES AND EDUCATION AND TRAINING REQUIREMENTS
WIN’s agriculture cluster brings together occupations that require knowledge of the farming, livestock, the environment, and natural sciences. Occupations range from farm workers, to environmental engineers, to meat butchers, and recreation workers. In 2014, 30,424 individuals were employed in the agriculture cluster in Region 9.
AGRICULTURE
Sales representatives, wholesale and manufacturing, technical and scientific products was, by far, the most in-demand job in the agriculture occupational cluster for Region 9 in Q1 2015, with 90 postings. The next most in-demand occupations were landscaping and grounds keeping workers with 29 postings, and recreation workers with 28 postings. Job ads for landscaping and recreation tend to increase as spring and summer start up and employers bring workers back for the season.
AGRICULTURE
TOP JOBS
ONLINE JOB POSTINGS OVER TIME
AGRICULTURE
The occupations in the agriculture cluster garnered 335 online job ads during Q1 2015. This is an increase over Q4’s 276 postings and consistent with the cycle of postings seen in the agriculture occupations: increase in demand in Q1 following drop-offs in Q3 and Q4. Based on this cyclical model and the nature of the occupations in this cluster, postings can be expected to remain stagnant or increase slightly in Q2.
Agriculture occupations are the smallest cluster in Region 9, accounting for just 1.9% of all online job ads in the region.
RETAIL AND HOSPITALITY
Region 9’s employment in agriculture occupations is similar to the national average. The only occupation for which this differs is occupational health and safety technicians, which has a location quotient (LQ) of 2.08, meaning that these workers are twice as concentrated in Region 9 as the rest of the nation. Occupations like recreation workers (LQ = 1.30) are slightly more concentrated in the region compared to the rest of the U.S., but many of these agricultural occupations have room to make gains in employment.
Median wages for agricultural occupations, like retail and hospitality, represent a large range. Most high-paying jobs in this cluster are in engineering, research, or generally STEM professions. Positions in sales are also higher-paying options in this cluster. There is great demand for recreation workers in Region 9, however, this occupation has one of the lowest median wages for the agriculture sector.
Many of the in-demand agriculture occupations do not require more than a high school diploma and are attainable with some on-the-job training. However, the high-paying jobs mentioned above, in occupational health, environmental engineering, or scientific research, for example, require at least a bachelor’s degree. Continuing the example from above, median entry-level recreation workers are required to have a bachelor’s degree, but again, are one of the lowest paid occupations in this sector.
Many degrees can prepare completers for multiple jobs, therefore it is not advantageous to compare completions to demand in a cluster like agriculture where programs do not map perfectly onto occupations and many occupations may not even require a degree.
TOP 15 JOBS LOCATION QUOTIENT AND WAGES
AGRICULTURE
O-NET OccupationMedianHourly
Earnings
10thPercntile HourlyEarnings
90th Percentile HourlyEarnings
2012 MeanSalary
According to BLS
Total # # # # #
Skilled Trades # # # # #
Engineers & Designers # # # # #
IT # # # # #
Health Care # # # # #
# # # # # #
TOP 15 JOBS RECENT GRADUATES AND EDUCATION AND TRAINING REQUIREMENTS
Employment in Region 9 continued to grow throughout 2014. December 2014’s employment of 460,875 individuals demonstrates a strong gain from January’s 445,155. Employment in the region averaged 456,096 in 2014.
The 1.4 percentage point drop in the regional unemployment rate between 2013 and 2014, from 7.5% to 6.1%, is due primarily to people gaining jobs.
2014’s average labor force participation was 485,765 individuals.
Total job postings in the region reached new highs this quarter with 17,499 online ads posted by employers in Region 9. This increase in job demand throughout the region can be attributed to the increases in postings that occurred in each of the six occupational clusters analyzed, and account for 57.1% of all online job postings in the region during Q1.
IT is a growing cluster for Region 9, accounting for more than 12% of online job ads, and saw postings for its occupations increase 66% between quarters.
Every occupation cluster analyzed by WIN experienced gains in job postings this quarter, contributing to the region’s overall growth in job demand. IT added the most postings and grew the most (865 additional job ads, 66% growth over Q4 2014). One hundred percent of the growth in online job ads can be explained by the six clusters analyzed for Region 9.
57.1% of total job postings in Region 9 are in occupations analyzed by WIN.
SECTION THREELABOR MARKET AND DEMAND SUMMARY
SECTION FOURDATA NOTES AND SOURCES
SECTION THREELABOR MARKET AND DEMAND SUMMARY
DATA NOTES AND SOURCES
• Quarterly reports: Due to a data update in Burning Glass Technologies’ LaborInsight tool, comparisons should not be made between data from eachquarterly report and the annual review data should not be compared to datafrom previous quarterly reports.
• Adjustments to the labor force information were also made to reflect andincorporate updated inputs, re-estimation, and controlling to new statewidetotals. Much of the information related to monthly and quarterly employmentis updated several months after the initial release. More information can befound here: http://www.bls.gov/lau/launews1. htm
• All numbers included in this report are the correct and updated data.
• Wage and educational attainment data available varies depending on theoccupation. All wage and educational attainment data provided is for the 6-digit SOC code. Some 6-digit codes do not have education or wage dataavailable, in this case we leave the information blank.
SPECIAL DATA NOTE• Due to changes in Burning Glass’s aggregation, parsing, and deduplication
methods implemented in December 2014, data from previously releasedreports should not be compared to data in reports starting in Q4 2014 andmoving forward. For the Q4 2014 report, the WIN team re-gathered andanalyzed all of the data (postings from 2011 through 2014) to ensure that allnumbers are up-to-date. If you would like information on the differencesbetween the updated data and data from previous reports, please contactWIN's Research Director Colby Spencer Cesaro at [email protected].
• Educational attainment data available refers to the share of the currentworkforce in each bracket, not what is shown in postings. Employers mayrequire different educational attainment than what is in this report.
• Wage data that is not labeled as a national average is specific to each report'sgeography. For example, wage data reported in the WIN Region report isaveraged across the 9-county WIN Region. Data in the Wayne County report iswage data solely for Wayne County.
UNDERSTANDING CLUSTERS• Rather than focusing on talent demand within industries (types of firms), WIN
generally emphasizes exploring talent demand based on occupations, includingthe skills, educational credentials, and experience needed to work in them.
• WIN research examines industry data, as the health of companies can beuseful for economic development purposes. However, shifting focus fromindustry to occupation is important as different types of occupations withextremely different skillsets may work within and across industries. Forexample, accountants, computer specialists, and engineers all may work in themanufacturing industry.
• By clustering occupations, the talent system can identify employer demandfor particular skillsets across multiple industry types and develop a responsethrough training and pipeline development to meet that demand.
• Employment refers to actual employment numbers—the number of people injobs—in targeted industries or occupations.
• Demand refers to statistics derived from employer job postings, which indicatethe potential for employment but may or may not materialize into actual jobs.
UNDERSTANDING DEMAND VS EMPLOYMENT
DATA SOURCES• Labor market demand data for this report was compiled using Burning Glass
Technologies’ Labor Insight Tool, and analyzed by the Workforce IntelligenceNetwork. Other data sources include, the Bureau of Labor Statistics, andEconomic Modeling Specialists Inc. (EMSI). Check out our website http://www.win-semich.org for more data and detailed information about our sources.
• Job posting-related demand, as presented in this report, is measured by onlinejob postings. Employer demand may be larger than what is highlighted in thisreport if employers find talent by other means.
DATA NOTES AND SOURCES
FOR MORE INFORMATION ABOUT RESEARCH AND DATA, VISIT OUR WEBSITE:
WWW.WIN-SEMICH.ORG/DATA-RESEARCH