1 Higher Education and the Future U.S. Economy SHEEO Higher Education Policy Conference August 12, 2010 Presented by: Les Janis, Director, Georgia Career Information Center, Georgia State University, and Occupational Supply Demand System (OSDS) at and, Mark Schaff, Contributing Labor Economist, OSDS.

Higher Education is organized around a combination of primarily state and national and institutional organizational units. Because the Occupational Supply Demand System (OSDS) recognized these key organization units in its design of educational and labor market information, the OSDS has become an important tool with which State Higher Education Officers are planning the alignment of higher education to the future U.S. economy. 2

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5  Units of Analysis contain clusters of related occupations and training programs.  A Unit of Analysis is a starting point for comparing the relative abundance of trained workers related to the demand for those workers.

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7 OSDS contains national and state data. Supply Indicators  Programs and Schools  Program Completers by Degree Level  Program Completers by School and Gender  Occupational Licensing Data and Information Demand Indicators  Occupational Characteristics  Occupational Projections  Wage Trends  Occupational Employment by Industry

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10 OSDS also contains: High-Demand, High-Wage, and High-Skill Occupations  Carl D. Perkins Career and Technical Education Improvement Act of 2006  State-specific methodology and criteria  Linked to Supply/Demand Indicators

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14 1.Occupational Outlook Handbook (OOH) (U.S. Bureau of Labor Statistics at 2. Occupational Projections and Training Data (OPTD) (U.S. Bureau of Labor Statistics at 3. Science and Engineering Indicators 2010 (National Science Foundation at 4. Occupational Supply Demand System (OSDS) (Georgia Career Information Center, GSU, at Seminal Publications and Resources

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Occupational Projections and Training Data at An electronic copy of the previous edition of the Occupational Projections and Training Data (OPTD) bulletin ( Edition), which covered the set of projections, is available as a zipped PDF file (3 MB) on the BLS/FTP server. This is the last published version of the OPTD. 16

First university degrees in natural sciences and engineering, selected countries: 1998–2006 NOTE: Natural sciences include physical, biological, earth, atmospheric, ocean, agricultural, and computer sciences and mathematics. Source - Science and Engineering Indicators 2010 at

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23 OSDS Related Research Papers Caldwell Economic Information Services. "Keywords Found on America's Job Bank (AJB) Resumes and Job Orders in 2006," October Keywords Found on America's Job Bank (AJB) Resumes and Job Orders in 2006 If your research paper references OSDS and you would like to list it on the OSDS website, please contact: Les Janis or Bus. Tel. No. (404)

24 With any questions or comments, please contact: Les Janis, Director, Georgia Career Information Center, Georgia State University (GSU), Occupational Supply Demand System (OSDS) Desk: (404) Websites: Mark Schaff, Contributing Labor Economist, OSDS Website: