MT Releases Report on Postsecondary Labor Market Outcomes and Supply/Demand
Last week, Montana’s Department of Labor & Industry (MTDLI) and the Office of the Commissioner of Higher Education (OCHE) released a new report entitled "Meeting State Worker Demand: A report on the Labor Market Outcomes for Montana Colleges." The report answers two particularly important questions:
(1) Are Montana’s colleges producing enough graduates to meet employer demand? and
(2) What are Montana graduates’ employment outcomes one, three, and five years after graduation?
This report will be helpful for policymakers and program managers, who can make policy changes (such as creating more or different education and training programs) to ensure that the state’s education and training system is meeting the skill needs of Montana employers. Students can also use this information to make better decisions about their educational options.
The report contains data from sixteen colleges who participate in the Montana University System data warehouse, as well as two other institutions that submitted data solely for this report. This data was linked with Unemployment Insurance (UI) wage records maintained by the MTDLI, tax data maintained by the Department of Revenue (DOR), and two and ten-year labor market projections produced by MTDLI in conjunction with the U.S. Department of Labor.
Linking education and DOR data allowed Montana to get more accurate graduate employment outcomes than many other states have been able to get for similar reports. Because self-employed persons do not participate in the UI program, they cannot be found in UI wage records. Linking with the DOR data allowed the state to find those who are self-employed and others who do not participate in the UI program. In order to comply with strict confidentiality requirements, the DOR provided only aggregate level data to MTDLI.
WDQC applauds Montana not just for making better information available to policymakers and students, but for committing to using this data to impact policy. The state has already used this data to inform the development of new college-sponsored apprenticeship programs, to create new career pathways, and to inform Missoula College’s strategic planning.
To learn more about Montana’s data infrastructure and use, please visit Montana’s state page.