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LMI Data Overview New Jersey Department of Labor & Workforce Development Office of Research and Information What Is LMI? Labor Market Information includes all quantitative or qualitative data and analysis related to employment and the


  1. LMI Data Overview New Jersey Department of Labor & Workforce Development Office of Research and Information

  2. What Is LMI? Labor Market Information includes all quantitative or qualitative data and analysis related to employment and the workforce. The goal of LMI is to help customers make informed plans, choices, and decisions for several purposes, including: Business investment decision making - Career planning and preparation - Education and training offerings - Job search opportunities - Hiring - Public or private workforce investments - James F. Woods and Christopher J. O’Leary, “Conceptual Framework for an Optimal Labour Market Information System,” W.E. Upjohn Institute for Employment Research, Technical Report No. 07-022, December 2006.

  3. NJ Department of Labor & Workforce Development Offers a Variety of Information for Y our Use Population and Demographic Trends  Census Data Economic Data  Labor Force Estimates  Unemployment Rates  Employment Data  Industry and Occupational Employment Proj ections  Population and Labor Force Proj ections  Occupational Wage Rates

  4. Key Industry S ectors Life S ciences Transportation, Distribution & Logistics Finance Manufacturing Health Care Technology Leisure & Hospitality Retail Trade Construction & Utilities

  5. Hunterdon and S omerset County Combined Employment 2006-2018 215,000 210,000 211,027 211,532 205,000 207,468 196,299 196,894 195,968 200,000 204,054 201,674 195,000 188,113 198,467 190,000 192,562 185,000 189,378 180,000 185,668 175,000 170,000 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 S ource: Quart erly Census of Employment & Wages (QCEW), Annual Averages Prepared by: NJ Depart ment of Labor and Workforce, Bureau of Labor Market Informat ion, S ept ember 2019

  6. Unemployment Rates 2006-2018 Hunterdon & S omerset vs. S tatewide NJ 10% 9% 8% 7% 6% 5% 4% 3% 2% 1% 0% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 New Jersey Hunt erdon County S omerset Count y S ource: NJLDOL, Labor Force Est imat es Prepared by: NJ Depart ment of Labor and Workforce, Bureau of Labor Market Informat ion, S ept ember 2019

  7. Census Reporter

  8. Educational Attainment for the Population of S omerset & Hunterdon Counties (Age 25 and Over)

  9. Industry Cluster Characteristics

  10. S omerset County Inflow/ Outflow Analysis Source: U.S. Census Bureau, Center for Economic Studies

  11. Hunterdon County Inflow/ Outflow Analysis Source: U.S. Census Bureau, Center for Economic Studies

  12. Burning Glass – Labor Insight  The New Jersey Department of Labor and Workforce Development — through its agreement with Burning Glass Technologies — is able to provide labor market information aggregated from online employer job listings during a given time period.  This data provides valuable insight regarding current employer demand for characteristics such as skills and educational requirements.  Note that this data is not meant to represent all available employment opportunities, but rather should be viewed in terms of analysis of labor market demand.

  13. Greater Raritan Cities With The Most Listings Jun. 26, 2019 - Sep. 23, 2019 (Data not available after Sep. 21, 2019) 2,490 Bridgewat er, NJ Bernards, NJ 2,134 Franklin, NJ 1,742 Bound Brook, NJ 663 S omerville, NJ 663 593 Warren, NJ Rarit an, NJ 539 Flemingt on, NJ 518 Bedminst er, NJ 447 Readingt on, NJ 384 362 Hillsborough, NJ Mont gomery, NJ 264 Watchung, NJ 256 Peapack, NJ 234 Clint on, NJ 154 130 Nort h Plainfield, NJ Lebanon, NJ 126 Bernardsville, NJ 118 Manville, NJ 107 Branchburg, NJ 93 87 Gladst one, NJ 0 500 1,000 1,500 2,000 2,500 3,000 • S ource: Burning Glass Technologies Inc., Labor Insight Prepared by New Jersey Depart ment of Labor & Workforce Development – S ept ember, 2019

  14. Greater Raritan Industries With The Most Listings Jun. 26, 2019 - Sep. 23, 2019 (Data not available after Sep. 21, 2019) 1,000 Pharmaceut ical and Medicine… Wired Telecommunications Carriers 634 Insurance Carriers 483 240 Business S upport S ervices General Freight Trucking 232 Management, S cient ific, and Technical… 223 General Medical and S urgical Hospit als 196 192 Rest aurant s and Other Eating Places Deposit ory Credit Intermediat ion 177 Clot hing S t ores 159 150 Traveler Accommodation Depart ment S tores 140 Healt h and Personal Care Stores 129 S cient ific Research and Development … 128 Offices of Physicians 126 Architect ural, Engineering, and… 108 S oftware Publishers 106 105 Comput er S yst ems Design and Relat ed… Account ing, Tax Preparat ion,… 91 Invest igat ion and S ecurit y S ervices 86 Personal Care S ervices 83 0 500 1,000 1,500 • S ource: Burning Glass Technologies Inc., Labor Insight Prepared by New Jersey Depart ment of Labor & Workforce Development – S ept ember, 2019

  15. Greater Raritan Employers With The Most Listings Jun. 26, 2019 - Sep. 23, 2019 (Data not available after Sep. 21, 2019) 631 Verizon Communicat ions Incorporat ed Johnson & Johnson 289 Hunterdon Healt hcare 235 199 Rwj barnabas Healt h Daiichi S ankyo, Inc 192 Chubb 172 Pfizer 123 109 Unit edHealt h Group S anofi Aventis 101 XPO Logist ics 79 72 Compass Group Plc Unit ed S t ates S aint Barnabas Health Care S ystem 65 Kb Transport at ion 60 Rarit an Valley Community College 58 Everest Re Group, Ltd 55 Kohl's 49 Pvh Corp 49 46 Bausch Healt h S olt a Medical, Inc 46 Laborat ory Corporation of America 44 S ynchronoss Technologies Incorporat ed 43 0 200 400 600 800 • S ource: Burning Glass Technologies Inc., Labor Insight Prepared by New Jersey Depart ment of Labor & Workforce Development – S ept ember, 2019

  16. Greater Raritan Top Detailed Occupational Listings Jun. 26, 2019 - Sep. 23, 2019 (Data not available after Sep. 21, 2019) 667 Heavy and Tract or-Trailer Truck Drivers Comput er Occupat ions, All Other 666 S oftware Developers, Applicat ions 663 576 Managers, All Ot her Retail S alespersons 364 Cust omer S ervice Represent atives 331 S ales Representat ives, Wholesale and… 283 238 Management Analyst s S ecretaries and Administ rat ive… 215 First -Line S upervisors of Retail S ales… 212 196 Regist ered Nurses Market ing Managers 178 Comput er S yst ems Analyst s 173 Medical and Healt h S ervices Managers 165 Human Resources S pecialists 159 Comput er User S upport S pecialists 150 Combined Food Preparat ion and… 147 139 S ales Managers Financial Analyst s 138 Account ants and Audit ors 124 General and Operat ions Managers 113 0 200 400 600 800 • S ource: Burning Glass Technologies Inc., Labor Insight Prepared by New Jersey Depart ment of Labor & Workforce Development – S ept ember, 2019

  17. Greater Raritan Baseline Skills in Greatest Demand Jun. 26, 2019 - Sep. 23, 2019 (Data not available after Sep. 21, 2019) 4,609 Communicat ion S kills Teamwork / … 2,698 Organizat ional S kills 2,014 1,985 Microsoft Excel Problem S olving 1,878 Det ail-Oriented 1,720 Microsoft Office 1,629 1,583 Planning Writing 1,400 Research 1,283 1,080 Comput er Lit eracy Writt en… 1,068 Physical Abilities 1,011 Creativit y 1,002 Troubleshoot ing 982 Microsoft Powerpoint 944 Mult i-Tasking 920 917 Building Effect ive… Microsoft Word 801 Presentat ion S kills 705 Verbal / Oral… 684 0 1,000 2,000 3,000 4,000 5,000 • S ource: Burning Glass Technologies Inc., Labor Insight Prepared by New Jersey Depart ment of Labor & Workforce Development – S ept ember, 2019

  18. Software & Programming Skills in Greatest Demand Jun. 26, 2019 - Sep. 23, 2019 (Data not available after Sep. 21, 2019) 1,985 Microsoft Excel Microsoft Office 1,629 Microsoft Powerpoint 944 801 Microsoft Word S QL 789 Java 621 S AP 588 513 S oftware… Pyt hon 431 S crum 332 323 JavaS cript S oftware Engineering 322 Oracle 296 Linux 262 At lassian JIRA 234 Microsoft C# 233 Microsoft Out look 225 216 S alesforce Extensible Markup… 211 S yst ems… 203 Ent erprise Resource… 190 0 500 1,000 1,500 2,000 2,500 • S ource: Burning Glass Technologies Inc., Labor Insight Prepared by New Jersey Depart ment of Labor & Workforce Development – S ept ember, 2019

  19. Greater Raritan Certifications in Greatest Demand Jun. 26, 2019 - Sep. 23, 2019 (Data not available after Sep. 21, 2019) Driver's License 881 CDL Class A 651 Proj ect Management Cert ificat ion 247 Regist ered Nurse 186 Cert ified Public Account ant (CPA) 153 Proj ect Management Professional… 152 First Aid Cpr Aed 124 Licensed Pract ical Nurse (LPN) 69 67 Home Health Aide Advanced Cardiac Life S upport… 59 59 IT Infrast ruct ure Library (ITIL)… Cert ified Information S yst ems… 57 51 S ecurit y Clearance S ix S igma Certificat ion 50 Cert ified S crumMast er (CS M) 46 Cert ified Nursing Assist ant 45 Cdl Class B 44 Forklift Operat or Cert ification 39 Basic Life Saving (BLS) 38 Financial Account ing S t andards… 33 S ervSafe 33 0 200 400 600 800 1,000 • S ource: Burning Glass Technologies Inc., Labor Insight Prepared by New Jersey Depart ment of Labor & Workforce Development – S ept ember, 2019

  20. Occupational Analysis

  21. Occupational Analysis

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