Labor Market Information
The Administration for Children and Families, a division of the U.S. Department of Health and Human Services, has produced a report that explains how agencies can use labor market information (LMI) to help clients on public assistance obtain employment.
The Federal Reserve Bank of New York has created an online resource with an interactive chart that allows users to compare information such as the unemployment rate of recent college graduates with that of other workers, and track the demand for college graduates, as measured by help-wanted online advertisements. The feature uses data from sources such as the U.S. Census Bureau - American Community Survey (IPUMS); U.S.
The U.S. Department of Labor is requesting nominations for the formation of a new Workforce Information Advisory Council (WIAC).
The Workforce Innovation and Opportunity Act (WIOA) mandates the creation of the WIAC, which will evaluate the nationwide and statewide workforce and labor market information (LMI) systems, and advise the Secretary of Labor on improvements. Strong LMI is critical for improving the alignment of education, training, and labor market demand.
WDQC interviewed Tony Glover, Chief Economist and Research Supervisor from the Wyoming Department of Workforce Services, on how his state uses labor market information to create industry projections and inform the development of training programs. This video is the third in a series that showcases how states are using education, training and workforce data to advance their skilled workforce and improve alignment with industry demand.
Today, House and Senate leadership released the Workforce Innovation and Opportunity Act (WIOA). This bi-partisan, bi-cameral legislation would reauthorize the Workforce Investment Act (WIA), which was due for reauthorization eleven years ago.
The U.S. Census Bureau recently revealed a new web-based analysis tool that provides access to the full Quarterly Workforce Indicators dataset. The tool, called QWI Explorer, allows users to compare, rank and aggregate indicators across time, geography and/or firm and worker characteristics. It includes measures on employment, job creation and destruction, hires and wages from the Longitudinal Employer-Household Dynamics program.