1. Real Time Jobs in Demand: Finding Jobs in a Contracting Economy
04/09/ :00PM

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Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

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Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

5. Webinar Resources:
Recordings available within 2 business days after the event.
All resources are posted under the…
Moderator: (Public Webinar)
Please note that all webinar resources, such as the PPT, recording, transcript and any handouts used during the webinar will be available for download from your “My Dashboard” page. When you initially log into your W31 account, your “My Dashboard” page will be the first page you’re taken to. The recording and transcript will be available within 2 business days after the session concludes while the PPT and any handouts will be posted before the session begins.
To access the recording or any resource associated with the recording, like the PPT or handouts, simply click the “Resources” tab on the left side of the homepage. Click “Resource Type” dropdown “Webinar Recording”.
(ADVANCE SLIDE)

6. Director, Labor Market and Demographic Research
Presenters
Yustina Saleh,
Director, Labor Market and Demographic Research
NJ Department of Labor and Workforce Development
Robin Widing,
Acting Executive Director
New Jersey State Employment & Training Commission
New Jersey’s State WIB
(NOTE: Use this slide to transition between speakers and introduce new speakers/presenters during the presentation.)
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

7. Workforce Information Program Manager
Moderator
Anthony Dais
Workforce Information Program Manager
Employment and Training Administration
Introductory Comments by
John Dorrer,
Director
Center for Workforce Research & Information
Maine Department of Labor
(NOTE: Use this slide to transition between speakers and introduce new speakers/presenters during the presentation.)
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

8. Demonstrate how to create your own tool
Goals of the Webinar
Provide a detailed description of New Jersey’s new Real Time Jobs in Demand Tool
Demonstrate how to create your own tool
Discuss current and potential uses of the tools
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

9. Background: Where are the Jobs Now?
Jobs are getting scarce
A lot of concerns about the relevance of our job projections
Need for all kinds of data, but no time to assimilate and synthesize all the information needed
Through various studies we identified significant resource misalignment
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

10. Background: Where are the Jobs Now?
Although the labor market seems to be getting much tighter, data revealed that there are a significant number of job openings posted on various job boards.
No information available about these job openings.
This information is crucial; it should drive our reemployment initiatives.
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

11. Data Foundation of the Tool
Real time job demand tools are based on data collected through a spidering technique.
Spider Technology: a software that queries thousands of private and government job boards and websites, newspaper classified postings and other media outlets, corporate job boards and websites, and community sites for employment opportunities.
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

12. Data Foundation of the Tool
Many states have access to job search tools that are based on spidering software
Information used primarily by job seekers and job counselors
NJ is analyzing this data to identify trends in the openings by industry and occupation.
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

13. Real time job demand tools have two components:
Real-Time Industry Demand
Real-Time Occupational Demand
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

14. Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

15. 15
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

16. Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

17. Companies Hiring: Statewide

18. Real Time Jobs in Demand –
Occupational Demand:
Real Time Jobs in Demand –
A new report that has the information needed
to answer various questions, such as:
Which jobs are in demand today?
Which jobs will be in demand in the future?
Which jobs are experiencing a labor shortage?
How much are these jobs paying?
Do I have the necessary credentials for my next job?
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy 18

19. Real Time Jobs in Demand
Incorporates long-term trends plus all current job openings in New Jersey
Provides information about competition over the same jobs
Based on all these factors, each job gets a "demand rank" that shows which ones are most in demand
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy 19

20. Live Demonstration
LIVE DEMONSTRATION
RealTimeJobsinDemand.html

21. Real Time Jobs in Demand
Number of New Openings based on Spidered Data
Overall Demand Rank
Standard Occupational Code (SOC) Title
Number of New Claims based on UI Administrative Records 21

22. Real Time Jobs in Demand
State Projected Number of Openings from projections data
Hourly Wage from OES
Labor Shortage is the difference between openings (C) and claims (D) 22

23. Real Time Jobs in Demand
BLS data on the distribution of educational attainment by occupation
Occupational Licensing Data from our Center for Occ. Info
Score is a weighted average of C, D, E, F, G 23

24. Real Time Jobs in Demand College: Training:
Reflects Various Educational and Training Levels
College:
Associate degree
Bachelor degree 
Graduate degree 
First professional degree 
Training:
Post-secondary vocational education 
Short-term on-the-job training
Moderate-term or long-term on-the-job training 24
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

25. See how you can create your own!
Interested?
See how you can create your own!
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

26. Data Requirements Data Requirements:
Job Openings Database: There are a number of companies offering “spidered” job search database.
Examples: Employon, Conference Board’s Help Wanted Online (HWOL).
Job titles must be coded.
Most companies use an
autocoder to match job
titles.
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

27. Data Requirements
Administrative Records of new UI claims with coded job titles.
Note: UI claims are now coded using the U.S. Department of Labor's O*NET Auto- Coder system
State data on wages, training and education requirement.
Source: Occupational Employment
Statistics Survey (OES).
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

28. Data Requirements State long-term projections data
Source: State produced projections
Data on national distribution of education and training requirement by job title
Source:
Occupational Licensing Data by job title, if available
Source: Career and Occupation Information Center
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

29. Modeling Procedures
Sort the four data files with occupational information by SOC Code
The four files are:
OES wages, training and education requirement
Long-term projections
Educational requirement distribution
Occupational licensing information
Merge the four files by occupation
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

30. Modeling Procedures Aggregate the job openings data by Occupation
Aggregate UI Claims data by Occupation
Merge the three files (occupational information, job openings by occupation, UI by Occupation) into one file
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

31. Modeling Procedures
Create a variable called labor shortage, which is the difference between new job openings and new claims
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

32. Modeling Procedures
Rank occupations by the number of job openings and provide a job openings percentile score:
Occupation with greatest number of openings gets 100, that with the least number of openings gets 0
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

33. Modeling Procedures
Rank occupations by the number of job claims and provide a job claims percentile score:
Occupation with greatest number of claims gets 0, that with greatest number of claims gets 100
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

34. Rank occupations by the number of projected job openings and provide a job openings percentile score
Occupation with greatest number of projected openings gets 100, that with least number of openings get 0
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

35. Rank occupations by the wage and provide wage percentile score
Modeling Procedures
Rank occupations by the wage and provide wage percentile score
Occupation with greatest labor shortage gets 100, that with lowest shortage (highest surplus) gets 0
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

36. Occupation with highest wage gets 100, that with lowest wage gets 0
Modeling Procedures
Rank occupations by labor shortage and provide a labor shortage percentile score
Occupation with highest wage gets 100, that with lowest wage gets 0
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

37. Modeling Procedures
Calculate a score based on the weighted average of the five percentile scores (job openings percentile, job claims percentile, projected openings percentile, wage percentile, labor shortage percentile
NJ Weights:
3,1,1,1,2
14. Data now available at
the local level
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

38. Local Real Time Demand Now Available
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

39. Current and Potential Uses of the Tools
State, Regional and Local Planning
Business & Industry Development
One-Stop Career Center Services
Capacity Building
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

40. State- level ARRA Planning
Tool for communicating current picture of New Jersey’s economy to all stakeholders
Data trends can readily identify emerging occupations
Tool for guiding ARRA funding
Framework for State development of “Bulk Training”
Framework for Local WIB Plan Guidance
Tool for assessing local WIB plans
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

41. Regional & Local level Planning
Tool for regional planning (WIRED) industry sector development
Tool for drilling down and targeting occupations within industry sectors
Creates common ground for decision-making among partners
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

42. Local Planning
Local WIBs use the data for business outreach and marketing
Useful in helping to redefine local demand occupations in a recession
Trend data provides framework for decision-making on allocation of resources for training
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

43. One-Stop Career Center Service Delivery
Provides counselors with current information on job openings
Provides counselors with critical information to enhance assessment and career planning services
Enhances counselors job matching services.
Enhances knowledge and understanding of counselors in identifying critical occupational skill requirements and training needs
Demonstrates to job seekers how additional training may move them along career ladders and lattices
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

44. Need to train stakeholders on value of tools in planning
Capacity Building
Need to train stakeholders on value of tools in planning
Need to train WIBs and One- Stop Career Center management on business applications of tool
Need to train One-Stop Career Center frontline staff
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

45. Monthly Update Report on Industries and Companies Hiring
Dissemination
Monthly Update Report on Industries and Companies Hiring
Monthly update on Real Times Jobs in Demand
Circulated widely to WIBs, Community Colleges, and other stakeholders
Real Time Jobs in Demand: Finding Jobs in a Contracting Economy

46. Please enter your questions into the Chat Room!
Question and Answer Period
(ADVANCE SLIDE)
Please enter your questions into the Chat Room!

47. Share Your Ideas with Your Peers!
Simply log on to Workforce3 One and look for the “Share Content” located on the Homepage
Share your demand-driven strategic plans, models, innovations, resources, and ideas!
Workforce3 One is a is a tool built for you and BY you, encouraging peer-to-peer learning among the various communities. The success of Workforce3 One relies on contributions from people like you! Share your ideas, innovations, and more with others! We welcome suggestions for documents to share, programs to feature, and any relevant news or information that you would like to exchange with your colleagues.
To submit your content, visit the Suggest Content page on the Workforce3One webspace, which is located at the URL featured on this slide.
(ADVANCE SLIDE)
Submit your content to Workforce3 One at:

48. Webinar Resources:
Recordings available within 2 business days after the event.
All resources are posted under the…
Moderator: (Public Webinar)
Please note that all webinar resources, such as the PPT, recording, transcript and any handouts used during the webinar will be available for download from your “My Dashboard” page. When you initially log into your W31 account, your “My Dashboard” page will be the first page you’re taken to. The recording and transcript will be available within 2 business days after the session concludes while the PPT and any handouts will be posted before the session begins.
To access the recording or any resource associated with the recording, like the PPT or handouts, simply click the “Resources” tab on the left side of the homepage. Click “Resource Type” dropdown “Webinar Recording”.
(ADVANCE SLIDE)

49. Stay Informed, Get Connected!
Workforce3 One:
Communities of practice
Live web-based events
Register for updates!
For more information about the workforce investment system:
Visit
Call US2-JOBS
You can learn more and stay connected with trends and innovations by logging on to Workforce3 One, where you’ll find:
Engaging communities of practice where you can share ideas, questions and innovations, and connect with peers;
Learning through live Web-conferencing events that feature leaders and experts from industry and from government; and,
A means of registering to be informed of news and events as they occur.
We encourage you to make note of Workforce3 One – it is a powerful new tool, funded by ETA and “powered” by YOU!
You can also learn more about the workforce investment system by visiting and by calling US2-JOBS.
(ADVANCE SLIDE)

51. THANKS! www.workforce3one.org Moderator:
On behalf of Workforce3 One and today’s webinar presenters, I’d like to conclude today’s session by thanking you all for your time, and we look forward to seeing you on future webinars! Thank you.