Labor Market in Los Angeles County Centers of Excellence (COE) for - - PowerPoint PPT Presentation

Labor Market in Los Angeles County

Centers of Excellence (COE) for Labor Market Research

October 8, 2019

Assessing labor market needs

About the Centers of Excellence (COE)

Investing in new and relevant programs Reviewing existing programs Pursuing grants California Community Colleges need to ensure that CTE curriculum produces workers with the skills relevant to the regional and statewide economies. The COE provide quality labor market data and information to help colleges respond to workforce needs. Colleges use the data for:

Increasing need for postsecondary education & training

California needs close to one million more associate degrees, certificates, or industry-valued credentials by 2025.

In the 1970s In 1992 By 2020

Source: Georgetown University Center on Education and the Workforce

Percentage of Jobs Requiring More than a High School Diploma

Today’s Conversation

→ What is Labor Market Information (LMI)? → Priority industry sectors → Jobs outlook → Resources → Q&A

What is Labor Market Information (LMI)?

• location
• ccupation and industry
• earnings
• unemployment
• demographics of the labor force
• supply and demand

…data about employment

LMI Questions

• Which occupations are most in demand in Los Angeles

County?

• Is demand for relevant occupations increasing or

decreasing?

• What is the education requirement for the occupations

students are interested in?

• What are expected earnings for an occupation?
• What skills should students be learning to be qualified on

the labor market?

Today’s Conversation

→ What is Labor Market Information (LMI)? → Priority industry sectors → Jobs outlook → Resources → Q&A

• Advanced Manufacturing
• Advanced Transportation and Logistics
• Business and Entrepreneurship
• Energy, Construction and Utilities
• Global Trade
• Health
• ICT/Digital Media
• Life Sciences and Biotechnology
• Retail, Hospitality, and Tourism

Priority Sectors in LA County*

*Based on 2017 Los Angeles Regional Plan

Today’s Conversation

→ What is Labor Market Information (LMI)? → Priority industry sectors → Jobs outlook → Resources → Q&A

Los Angeles County & California LMI

• 26% of ALL jobs in the state are in Los Angeles

County

• Approximately 25% of annual job openings in LA

County are “middle-skill”

Region 2018 Jobs 2023 Jobs 5-Year Change 5-Year % Change Annual Openings* Los Angeles County 5,127,819 5,334,961 207,142 4% 631,996 California 19,642,416 20,873,992 1,231,576 6% 2,505,267

Source: Emsi, 2019

*Annual openings= new jobs + replacements (retirements)

Current jobs and future need

83,279 58,401 49,258 19,786 18,829 15,392 15,056 12,740 6,039 6,405 4,832 1,895 1,595 1,444 1,830 1,597

Registered Nurses Bookkeeping, Accounting, and Auditing Clerks

• Supv. of Office and
• Admin. Support

Workers Licensed Vocational Nurses Computer User Support Specialists Graphic Designers Electricians Paralegals and Legal Assistants

2018 Jobs Annual Openings

Source: Emsi, 2019

Entry-level earnings

$17.10 $17.14 $17.87 $21.22 $21.29 $21.84 $22.22 $38.85

Bookkeeping, Accounting, and Auditing Clerks Graphic Designers Paralegals and Legal Assistants Computer User Support Specialists Licensed Vocational Nurses Electricians

• Supv. of Office and Admin. Support Workers

Registered Nurses

Source: Emsi, 2019

Today’s Conversation

→ What is Labor Market Information (LMI)? → Priority industry sectors → Jobs outlook → Resources → Q&A

How to Access

www.coeccc.net

Salary Surfer

https://salarysurfer.cccco.edu

O*Net OnLine

www.onetonline.org

Today’s Conversation

→ What is Labor Market Information (LMI)? → Priority industry sectors → Jobs outlook → Resources → Q&A

Juan Madrigal, Interim Director Centers of Excellence for Labor Market Research Los Angeles/Orange Counties jmadrigal@mtsac.edu 909.274.5409 www.coeccc.net

Thank You!