Quarterly supply/demand Supply Demand Quarterly numbers Supply - - PowerPoint PPT Presentation

Quarterly supply/demand

Supply Demand

Quarterly numbers

• Supply numbers from the Virginia One-stop

System (VOS). Demand numbers from Virginialmi.com

• Program year quarters run:

– Q1 = 07/01 – 9/30 – Q2 = 10/01 – 12/31 – Q3 = 1/1 – 3/31 – Q4 = 4/1 – 6/30

Workforce Regions

Quarterly Job Demand per Region

• 2,000

4,000 6,000 8,000 10,000 12,000 14,000 I II III IV VI VII VIII IX XI XII XIII XIV XV XVI XVII Q1 Q2

Low to mid skill

• Orders for low to mid skill levels

LWIA Q1 Q2 Q2 Low/Mid I 521 459 82% II 1,578 1,484 77% III 1,008 883 74% IV 1,441 1,376 62% VI 790 685 68% VII 418 317 71% VIII 329 311 71% IX 2,459 2,091 50% XI 993 1,004 55% XII 11,980 11,851 39% XIII 1,044 934 60% XIV 1,315 987 66% XV 728 624 67% XVI 2,640 2,468 53% XVII 667 611 69% 27,911 26,085 52%

Supply: entered training trends

Total of 351 people entered training, compared to 377 same time last year (Q2PY13).

Q1 = 07/01 – 9/30 Q2 = 10/01 – 12/31 Q3 = 1/1 – 3/31 Q4 = 4/1 – 6/30

• 500

1,000 1,500 2,000 2,500 3,000 Q1 Q2 Q3 Q4 TOTAL 2011 2012 2013 2014

Q1 Q2 Q3 Q4 TOTAL 2011 565 368 503 787 2,223 2012 656 336 503 719 2,214 2013 700 377 780 699 2,556 2014 807 351 1,158

Supply: exited training trends

Q1 Q2 Q3 Q4 TOTAL 2011 1,125 516 379 727 2,747 2012 968 413 425 808 2,614 2013 734 548 542 881 2,705 2014 808 516 808

Total of 516 people completed training, compared to 548 same time last year (Q1PY13).

Q1 = 07/01 – 9/30 Q2 = 10/01 – 12/31 Q3 = 1/1 – 3/31 Q4 = 4/1 – 6/30

500 1,000 1,500 2,000 2,500 3,000 Q1 Q2 Q3 Q4 TOTAL 2011 2012 2013 2014

WIA Cost per person

Expenditures Participants Cost per unit Adult $3,536,144 4,431 $798 Dislocated Worked $2,522,433 3,002 $840 Youth $2,811,154 2,537 $1,108

• Statewide WIA costs for Q2

Top Statewide Occupations

Top occupations listed by projected statewide demand over the next five years1

• Registered Nurses
• Office Supervisors
• Electricians
• Construction Supervisors
• Sales Representatives
• 1. VAWizard.com

Demand Entered Training Completers Computer Support Nursing Aides LNPs RNs General Managers Medical records C/S Reps Medical Assistants Medical Assistants Office Supervisors LNPs HVAC Truck Drivers Child Care Workers Bookkeeping Security Guards Bus Drivers Pharmacy Techs

Advertised Job Certifications

Rank Advertised Certification group Openings 1 Certification in Cardiopulmonary Resuscitation (CPR) 6,880 2 Commercial Drivers License (CDL) 5,436 3 Basic Life Support (BLS) Certification 4,708 4 Advanced Cardiac Life Support Certification (ACLS) 2,633 5 Certified Information Systems Security Professional (CISSP) 2,334 6 Certified Nursing Assistant (CNA) 1,885 7 Information Technology Infrastructure Library Certification (ITIL) 1,872 8 Certified Public Accountant (CPA) 1,867 9 Cisco Certified Network Associate (CCNA) 1,334 10 Pediatric Advanced Life Support (PALS) 1,182

Some economic trends

• Source: Federal Reserve’s April 2015 Fifth

District Economic Indicators report.

Contact info

Leo Campos, PMP lcampos@vccs.edu 804-819-4430

Quarterly supply/demand

Supply Demand

Supplemental slides

Skill Levels (O*Net)

• Job Zone 1: Little or No Preparation Needed. Some of these occupations

may require a high school diploma or GED certificate.

• Job Zone 2: Some Preparation Needed. These occupations usually require

a high school diploma.

• Job Zone 3: Medium Preparation Needed. Most occupations in this zone

require training in vocational schools, related on-the-job experience, or an associate's degree.

• Job Zone 4: Considerable Preparation Needed. Most of these occupations

require a four-year bachelor's degree, but some do not.

• Job Zone 5: Extensive Preparation Needed. Most of these occupations

require graduate school. For example, they may require a master's degree, and some require a Ph.D., M.D., or J.D. (law degree).