Real-time LMI - The RP Group
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Transcript Real-time LMI - The RP Group
Using Labor Market Data for Program
Development
Daylene Meuschke, Ed.D.
College of the Canyons
Gabriel Rench
EMSI
Ralph Plaza
EMSI
RP Conference
April 11, 2014
Session Overview
Justifying the need for a new program
A story in establishing a need for two new programs
Rights and Wrongs of Labor Market Data
Real-Time Labor Market Data
Augmenting labor market data with EMSI Analyst
EMSI Analyst Demos
Q&A
Typical Activities in Needs Assessments for New
Programs
Determine labor market demand (surveys or focus groups with industry
representatives)
Lots of dialog with faculty and Instruction or Academic Affairs offices
Get feedback on proposed curriculum
Identify similar programs in the region
I.R. office prepares report based on labor market analyses
How is this similar or different at your campuses?
Our story: Web Developer and Web Publishing &
Design Programs
Background
CIT department requested needs studies for two new programs
Work began two years ago
Challenges
No specific Standard Occupation Classification (SOC) code for
these jobs.
SOC code from BLS not available until May 2013.
Many people employed in the occupation are self-employed.
Wide array of job titles which required looking at job postings.
Low number of job projections from local industry focus group.
Discrepancies in data sources.
Our story: Web Developer and Web Publishing &
Design Programs, cont.
Solutions-Round 1
EMSI used for employment projections and median hourly earnings using
broad SOC categories (Computer Programmers, Computer Software
Engineers-Applications and Computer Programmers-Systems Software).
Burning Glass Technologies, Labor/Insight™ used for job postings analysis
using Metropolitan Statistical Area.
O*NET
Focus group participants provided input on employment needs, hourly
wages and curriculum needs.
Solutions-Round 2
Everything from Round 1 but added
Updated labor market data based on new BLS SOC code
(still limited because it only contained 2012 data)
EMSI labor market data including self-employed
Gabriel Rench
Vice President, Higher Education
13 Years
100 employees
Pacific Northwest/UK
USA, Canada, UK, Brazil, France
4000 Users
Career Builder 2012
Federal Reserve, Atlantic Monthly,
New York Governor, Georgetown,
Harvard Business Review
EMSI Products
Economic Impact Study (EIS )
GAP
Student Resume Analysis (SRA)
LMI Certification
Career Coach
Analyst
Program research, environmental scanning, gap, grants, student recruitment,
savings
Spectrum of Labor Market Data
Real-time LMI
Web Spider Technology that captures the
churn in the talent market
Best for understanding recent
hiring demand and employer
interest
Traditional LMI
Structural analytic sources
(i.e. BLS) capture broad economic factors
occurring in a market
Best for projecting supply and demand
dynamics, and supporting strategic
workforce plans
Real-time LMI
Strengths:
Monthly Pulse
Scrapes Skills
Ties back to the local companies
Snapshot of who is hiring
Weaknesses
Ghost Postings
Doubles
Certain industries are almost non-existent
Employers hire people not requirements
Traditional LMI
Data Resources
“Never before has the link between a college
education and postgraduate job prospects been
more important.”
– The Aspen Institute’s Guide for Using Labor Market
Data to Improve Student Success
EMSI Analyst
Advantages
Labor Market Data at zip code level
Ability to set timeframe for projections
Displays number of program completers within your region
All data in one point of access
Up to date data on a quarterly basis
Other Uses
Program Reviews
Career Technical Education Addendum in Program Review
Data needs in grant applications
Economic Development and Academic Affairs
Strategic Planning
Educational & Facilities Master Plans
Analyst: A Case Study
Web Developer and Web Publishing and
Design
EMSI Analyst - Audience Participation
Now it’s your turn
Q&A