all college day, st. petersburg college clearwater, florida october 22, 2014 department of economic...
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All College Day, St. Petersburg CollegeClearwater, Florida
October 22, 2014
Department of Economic OpportunityBureau of Labor Market Statistics
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Labor Market Information Mission
To Produce, Analyze, and Deliver Labor Statistics to Improve Economic Decision-
Making
Employment data are the state’s most important economic indicator
LMI Statistics Produced/ Delivered
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Labor Force
Total Employment
Employment by Industry and Occupation
Employment Projections by Industry and Occupation (Demand)
Unemployment / Unemployment Rates
Wage by Industry and Occupation
Census
LMI Facts
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Data collected under Federal / State Cooperative Statistical Programs
Data comparable nationwide for all counties and metro areas in the nation
Data meet stringent probability sampling design statistical methods with required response rates of 75 percent
Monthly data released 3 weeks after the reference month
How is LMI Collected?
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Sample-Designed Statistical Surveys from employers
Econometric Modeling developed by U.S. Bureau of Labor Statistics
Administrative Records from Reemployment Assistance
Thanks to employers …. Without them we would not be able to provide data
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Who are the customers of Labor Market Statistics?
Workforce / Economic Development Decision-Makers
Employers / Job Seekers
Education / Welfare Planners
Career Counselors / Teachers
Economists / Policy Makers
Elected Officials
Media
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Labor Market Statistics Center Programs
There are three main activities: data production, data analysis, data delivery
Quarterly Census of Employment and Wages (QCEW)--Produces employment and wages by industry based on all employers covered by Unemployment Insurance
Current Employment Statistics (CES)--Produces employment, hours, and earnings by industry based on a sample of employers
Occupational Employment Statistics (OES)--Produces employment and wages by occupation based on a sample of employers
Employment Projections--Produces projections of employment by industry and occupation based on a survey of employers and statistical models
Local Area Unemployment Statistics (LAUS)--Produces labor force, employment, unemployment, and unemployment rates based on a survey of households and a statistical model
Mass Layoff Statistics (MLS)--Produces mass layoff statistics by industry based on Unemployment Insurance claims and employer contacts
Workforce Information--Provides statistical services such as publications, websites, training, GIS mapping, economic impact analysis, and customized reports by request
Labor Force ConditionsSeptember 2014, Seasonally Adjusted
Source: U.S. Department of Labor, Bureau of Labor Statistics, Local Area Unemployment Statistics Program in cooperation with the Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, released October 17, 2014.
• The current unemployment rate of 6.1 percent was down from the recessionary high rate of 11.4 percent reported in 2009-10
• Florida’s unemployment rate has been lower than or equal to the Nation’s for 14 of the past 17 months
• Florida’s September 2014 annual rate of job growth was +2.7 percent, 0.8 percentage point greater than the national job growth rate. Florida’s annual job growth rate has exceeded the nation’s since April 2012.
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Area Labor Force Employment UnemploymentUnemployment
RateYear Ago
Unemployment Rate
Florida 9,637,000 9,048,000 590,000 6.1 6.9
United States 155,862,000 146,600,000 9,262,000 5.9 7.2
Florida Unemployment Rates by CountySeptember 2014, Not Seasonally Adjusted
Source: U.S. Department of Labor, Bureau of Labor Statistics, Local Area Unemployment Statistics Program in cooperation with the Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, released October 17, 2014.
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Unemployment Rates in the Ten Most Populous StatesRanked by Unemployment Rate, Seasonally Adjusted
Source: U.S. Department of Labor, Bureau of Labor Statistics, Local Area Unemployment Statistics Program in cooperation with the Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, released May 16, 2014.
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State April 2014 (%) April 2013 (%)North Carolina 6.2 8.4 -2.2 Pennsylvania 5.7 7.6 -1.9 Ohio 5.7 7.3 -1.6 Michigan 7.4 8.8 -1.4 Florida 6.2 7.6 -1.4 Georgia 7.0 8.3 -1.3 California 7.8 9.1 -1.3 Illinois 7.9 9.2 -1.3 Texas 5.2 6.4 -1.2 New York 6.7 7.8 -1.1
Change Over the
Year Unemployment Rate
Nonagricultural EmploymentSeptember 2014, Seasonally Adjusted
• Florida’s jobs grew in September on an annual basis for 50 consecutive months. Prior to August 2010, the state had been losing jobs for over three years and reached a low point of -7.0 percent in March and April 2009.
• September 2014 was the 26th consecutive month that the annual employment growth rate was 2.0 or higher
• Florida’s job growth rate has equaled or exceeded the national rate since April 2012
Seasonally Adjusted September 2014 September 2013 Change Percent Change
Florida 7,827,200 7,621,600 205,600 2.7%
United States 139,435,000 136,800,000 2,635,000 1.9%
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Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released October 17, 2014.Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.
Florida Total Nonagricultural EmploymentJanuary 1974 – April 2014, Seasonally Adjusted
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2,500,000
3,000,000
3,500,000
4,000,000
4,500,000
5,000,000
5,500,000
6,000,000
6,500,000
7,000,000
7,500,000
8,000,000
8,500,000Ja
n-7
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-75
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Recession Total Nonagricultural Employment, SA
Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released May 16, 2014.Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.
LMI TOOLS
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Labor Market Information Online Websites and Web Applications
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Websites:Labor Market Statistics (LMS)Census BureauOccupational Information Network (O*NET)Employ Florida Marketplace
Web Applications:Florida Research and Economic Information Data Base App (FREIDA)Florida Occupational Employment and Wages (Florida Wages)What People Are Asking (WPAA)Local Employment Dynamics/Quarterly Work Indicators (LED/QWI)Florida’s Career Information Delivery System (CHOICES)Transferable Occupation Relation Quotient (TORQ)Help Wanted OnLine (HWOL) Data Series
Labor Market Information Online Tools
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• Allows users to view or download Florida’s labor market data and products online in complete report formats.
• LMS Home Page: http://www.floridajobs.org/labor-market-information
Labor Market Statistics (LMS) Website
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• Latest Statistics • Statistical Programs• Florida Census Data Center• GIS Mapping Reports• STEM Jobs in Demand• Publications
Labor Market Statistics (LMS) Website
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• Provides comprehensive economic and labor market information based on easy to use customer-defined data queries.
• FREIDA Home Page: http://freida.labormarketinfo.com/
Florida Research and Economic Information Database App (FREIDA)
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Florida Research and Economic Information Database (FREIDA) cont’d
Internet-based labor market and economic data base for analysts, businesses, and jobseekers
Designed toView current and historical data
Ability toCreate, view, export, and print your own tables and profiles by area, industry, or occupation
Customize your own regions, graphs, maps
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• Provides detailed occupational employment and wage information based on user-defined queries which can than be compared to similar information for other areas, industries or related occupations.
• Florida Wages Home Page: http://www.floridawages.com/
Florida Occupational Employment and Wages (Florida Wages)
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• Provides employers and jobseekers a look at industry and occupational forecasts, current pay levels, occupational profiles, and workforce availability for Florida and the workforce regions based on a defined set of frequently asked questions.
• WPAA Web Page: http://www.whatpeopleareasking.com/index.shtm
What People Are Asking (WPAA)
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What People Are Asking (WPAA)Internet based FAQs – http://www.whatpeopleareasking.com
Businesses / Employers
• What is the size of the labor force in my area?
• What types of industries are in my area?
• What types of companies are expected to grow in my area?
• What are the hot jobs in my area?
• What do jobs pay in my area?
• What kind of skills, knowledge, and experience do jobs require?
• How many job seekers are available by occupation?
• Where do I go to hire available workers?
Job Seekers
• What are the hot jobs?• What do hot jobs pay?• What kind of skills, knowledge, and
experience do I need for the hot jobs?• Who trains for the hot jobs?• What companies employ the hot jobs? • What kind of skills, knowledge, and
experience do I need for jobs?• What jobs use my skills?• Where can I find a job?• What jobs are available now?• Where can I find training assistance?
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• Provides comprehensive information on key attributes and characteristics of workers and occupations.
• O*NET Home Page: http://www.onetcenter.org/
Occupational Information Network (O*NET)
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• Help Wanted OnLineTM from The Conference Board is a measure of real-time labor demand captured through online job ads.
• HWOL Home Page: http://www.wantedanalytics.com/hdd
Help Wanted OnLine (HWOL)
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Real-Time LMIHelp Wanted OnLine ™ (HWOL)
• States are to train workers for jobs in demand, according to the Workforce Investment Act
• What are states to do in the depths of a recession when traditional LMI shows little or no jobs in demand? – Traditional LMI is based on net job gains and losses
by month– In Florida, during the recession all industries were in
decline except healthcare– Could all of Florida’s one million unemployed work in
healthcare?
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Real-Time LMIHelp Wanted OnLine ™ (HWOL)
• States need to catch the churning in the job market• Industries with a net decline in employment still have
hiring needs• The answer: Real-Time LMI
– Conference Board; Help-Wanted OnLine (HWOL)• Real-Time LMI is unduplicated job openings (ads) by
occupation obtained by spidering technology
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Real-Time LMIHelp Wanted OnLine ™ (HWOL)
Source of job ads is The Conference Board
The Conference Board was established in 1916 and has been one of the leading private sector international economic forecasting firms with offices in New York City, Europe, and China
The Conference Board publishes economic data series including the Consumer Confidence Index and Leading Economic Indicators
The Conference Board has been publishing data on labor demand since the 1950s
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Benefits of Real-Time LMI
• Currency (continuously updated)• Geographically comprehensive
• Nation, State, MSA, County, City
• Actual posted openings—not an estimate• Has proven to be a leading indicator• May include new and emerging occupations• Useful for keyword searches
• Industry specific searches• STEM
• Supplement to traditional LMI—not a replacement
Real-Time LMI Help-Wanted OnLine
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Source: The Conference Board, Help Wanted OnLine.Prepared by: The Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.
Real-Time LMI Help-Wanted OnLine
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Source: The Conference Board, Help Wanted OnLine.Prepared by: The Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.
Real-Time LMI Help-Wanted OnLine
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Source: The Conference Board, Help Wanted OnLine.Prepared by: The Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.
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Help-Wanted OnLineOccupations In Demand
Source: The Conference Board, Help Wanted OnLine.Prepared by: The Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.
Top Advertised Occupations for Pinellas CountyOnline Ads
September 2014Online Ads
September 2013Pinellas County Total Ads 12,741 12,057 Registered Nurses 1,003 795 Customer Service Representatives 452 419 Retail Salespersons 330 409 Medical and Health Services Managers 259 192 First-Line Supervisors of Office and Administrative Support Workers 255 269 First-Line Supervisors of Retail Sales Workers 255 212 Computer User Support Specialists 210 175 Computer Systems Analysts 188 136 Insurance Sales Agents 184 168 Medical Secretaries 179 135 Accountants 179 141 Web Developers 177 131 Medical Assistants 176 100 Nursing Assistants 171 75 Maintenance and Repair Workers, General 169 164 Bookkeeping, Accounting, and Auditing Clerks 157 141 Sales Reps, Wholesale & Mfg, Except Technical & Scientific Products 141 128 Marketing Managers 140 124 Software Developers, Applications 137 91 Executive Secretaries and Executive Administrative Assistants 130 152
Help-Wanted OnLineSTEM Occupations In Demand
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Source: The Conference Board, Help Wanted OnLine.Prepared by: The Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.
Top Advertised STEM Occupations for Pinellas CountyOnline Ads
September 2014Online Ads
September 2013Pinellas County Total STEM Ads 3,758 2,711 Registered Nurses 1,253 800 Accountants 236 157 Computer User Support Specialists 195 169 Computer Systems Analysts 184 117 Critical Care Nurses 146 59 Software Developers, Applications 137 88 Network and Computer Systems Administrators 115 109 Surgical Technologists 93 40 Industrial Engineers 83 66 Information Technology Project Managers 79 76 Financial Managers, Branch or Department 73 76 Informatics Nurse Specialists 69 19 Medical and Clinical Laboratory Technologists 65 33 Software Quality Assurance Engineers and Testers 53 66 Auditors 46 29 Pharmacists 44 31 Computer Programmers 43 57 Computer Systems Engineers/Architects 42 42 Cardiovascular Technologists and Technicians 38 19 Computer and Information Systems Managers 36 38
Help-Wanted OnLineOccupations Requiring a Bachelor’s Degree In Demand
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Source: The Conference Board, Help Wanted OnLine.Prepared by: The Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.
Top Advertised Bachelor's Degree Occupations for PinellasOnline Ads
September 2014Online Ads
September 2013Pinellas County Total Bachelor Degree Ads 7,875 6,329 Registered Nurses 1,003 795 Medical and Health Services Managers 259 192 Computer Systems Analysts 188 136 Accountants 179 141 Web Developers 177 131 Marketing Managers 140 124 Software Developers, Applications 137 91 Sales Agents, Financial Services 118 134 Network and Computer Systems Administrators 108 128 Industrial Engineers 79 76 Information Technology Project Managers 72 56 Human Resources Specialists 68 90 Software Quality Assurance Engineers and Testers 67 63 Informatics Nurse Specialists 62 17 Management Analysts 61 80 Financial Managers, Branch or Department 60 79 Market Research Analysts and Marketing Specialists 56 55 Computer Systems Engineers/Architects 55 28 Medical and Clinical Laboratory Technologists 55 30 Public Relations Specialists 52 53
Help-Wanted OnLineCities With the Most Online Ads
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Source: The Conference Board, Help Wanted OnLine.Prepared by: The Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.
Pinellas County 13,832 11,503 St. Petersburg 5,221 4,446 Clearwater 3,916 3,115 Largo 1,833 1,370 Pinellas Park 680 612 Palm Harbor 475 499 Oldsmar 371 336 Seminole 297 246 Dunedin 238 195 Tarpon Springs 231 219 Safety Harbor 219 124 Bay Pines 75 77 St. Pete Beach 56 58 Madeira Beach 41 15 Treasure Island 36 18 Gulfport 34 27
Help-Wanted OnLine
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Source: The Conference Board, Help Wanted OnLine.Prepared by: The Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.
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Long-Term and Short-Term Demand IndicatorsOccupational Supply/Demand System
The purpose of the Supply/Demand system is to improve education and training alignment to better meet the hiring needs of business
The Supply/Demand system has been designed for education, workforce, economic development, business, job seekers, and students
The web-based data are statewide and by region
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Occupational Supply/Demand SystemData Definitions
The indicators of Potential Labor Supply by occupation are:
Public and private postsecondary education (enrollees, completers, and graduates by occupation based on CIP-SOC)Job seekers registered at career centers
The indicators for Labor Demand are:Employment projections by occupation (for long-term analysis)Help Wanted OnLine (HWOL) job ads by occupation (for short-term analysis)
Other Information:Current employment, wages, and education required by occupation
POSTSECONDARY EDUCATION & WORKFORCE SUPPLY
COMMISSION FOR
INDEPENDENT EDUCATION
(CIE)
DISTRICT POST-SECONDARY CAREER &
TECHNICAL EDUCATION
(DPSEC)
FLORIDA COLLEGE SYSTEM
(FCS)
STATE UNIVERSITY
SYSTEM
(SUS)
INDEPENDENT COLLEGES & UNIVERSITIES OF FLORIDA
(ICUF)REGISTERED
JOB SEEKERS IN WORKFORCE
INFORMATION SYSTEM
(JS)
WORKFORCEINVESTMENT
ACT PARTICIPANTS
(WIA)
Data Sources of Potential Labor Supply by Occupation are:
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Occupational Supply/Demand SystemUpdate Cycles
SupplySUS and FCS—By termDPSEC—By termCIE—AnnualJob Seekers—DailyICUF—Annual from IPEDS (2 year old data)
DemandShort-term (HWOL)—MonthlyLong-term (Occupational Projections)—Annual
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Occupational Supply/Demand System Data CaveatsAll supply data is potential supply
Completers/graduates are counted in each occupation related to their program of study
Enrollees may or may not complete training
Completers may already have a job or may have moved out of the geographic area
Most jobseekers do not register with the career centers and for those registered they may or may not be qualified for the job they are seeking
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Data Caveats (continued)
Time frames for supply and demand data elements may differ
District and Florida College System enrollees and completers are based on supply in the workforce region and are not statewide based
University graduates are statewide only and cannot be parsed to workforce regions; the statewide report does include university graduates in supply
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Occupational Supply/Demand SystemData Uses
Education and workforce will use the data to create better alignment of education and training offerings in meeting the hiring demands of business
Economic developers will have the most comprehensive and timely occupational data to determine available labor supply to support business recruitment
Students will benefit from having real time information on jobs in demand now and in the future; jobseekers can use the information for re-employment purposes
Area Occupation SOC WIA-EDPSEC-
E FCS-E CIE-E WIA-CDPSEC-C FCS-C CIE-C
ICUF-C SUS-C JS
Total Supply
12 Registered Nurses 291141 17 2,984 942 10 540 119 972 2,111 276 935
• Enrollees on the Supply/Demand report are signified with an –E suffix following the Supply acronym while Completers/Graduates are indicated by a -C suffix.
• Notice that items in BLUE are used in creating the Total Supply (also in BLUE).
• REGIONAL Reports DO NOT include ICUF and SUS data in total supply as university graduates are considered statewide supply and are not parsed to a regional level. They are provided as informational supply only.
• STATEWIDE Reports DO include University graduates. When reviewing occupations for potential new training programs or programs to reduce, one should always review both the Regional and Statewide Reports.
Area Occupation SOC WIA-EDPSEC-
E FCS-E CIE-E WIA-CDPSEC-C FCS-C CIE-C
ICUF-C SUS-C JS
Total Supply
STW Registered Nurses 291141 2,074 27,803 11,969 882 5,345 2,258 972 2,111 5,417 16,103
Explanation of Supply/Demand Report Information…
Statewide Report
Regional Report
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Area Occupation SOCTotal Supply
Short Term Demand
Ratio of Supply to Demand
Supply Gap or Overage
CURR YR EMP
ENTRY WAGE
MEDIAN WAGE
EXP WAGE
ON TOL
FL EDUC LEV
12 Registered Nurses 291141 935 1,499 0.62 -564 18,195 $22.31 $27.33 $31.19 Yes 4
Other Information:Current employment, wages, and education required by occupation
Total Supply is contrasted against Short-Term Demand
Total Supply of 935 vs. Short-Term Demand of 1,499 leaves a “Gap” of -564 trained individuals
…and a ratio of .62 persons for each job ad existing
Fl. Education Levels 1=<HS 2=HS 3=Postsecondary Adult Vocational (PSAV) 4=College Credit 5= Bachelor’s 6= Master’s or higher
Explanation of Supply/Demand Report Information (Continued) …
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Short-Term Demand
This data series is based on employer generated job ads advertised on the internet. The source is The Conference Board’s Help Wanted OnLine data series which scrapes over 1,200 job boards. The data are available monthly and have been processed to reduce duplicate job ads.
Long-Term Demand
This data series is based on average annual openings based on long-term projections produced by the Occupations Projections program in DEO’s Bureau of Labor Market Statistics. These data are based on projected occupational growth and separations (includes projections of retirements and those changingoccupations, not simply changing jobs).
How do they Differ?
Short-term demand is based upon ads resulting from occupational growth, separations, and job churning.Job churning is the movement of workers from one job to another, usually due to seeking a better jobopportunity. As a result, short-term demand can exceed long-term demand.
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TOP 15 BACHELOR LEVEL OCCUPATIONS IN DEMAND USING ANNUAL LONG-TERM DEMAND DATA
**Requires 1 to 5 years of experience; ***Requires more than 5 years of experienceOffered at the Bachelor degree level Note: All data are statewide based, FCS, CIE and SUS data are based on 2012-2013 school year graduates, ICUF data are based on 2011-12 graduates. BLS education levels used for all occupations.
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***Requires more than 5 years of experienceOffered at the Bachelor degree level Note: All data are statewide based, FCS, CIE and SUS data are based on 2012-2013 school year graduates, ICUF data are based on 2011-12 graduates. BLS education levels used for all occupations.
Occupation FCS-C CIE-C ICUF-C SUS-CTotal
Supply
Short Term
Demand
Supply Gap or
Overage
Ratio of Supply to Demand
CURR YR EMP
OUT YR EMP
ENTRY WAGE
MEDIAN WAGE
EXP WAGE
Registered Nurses 2,038 3,051 1,380 506 6,975 15,487 -8,512 0.45 169,380 202,635 $23.76 $29.44 $33.55
Computer Occupations, All Other 25 326 251 602 3,105 -2,503 0.19 5,167 5,656 $21.90 $36.22 $42.28
Financial Managers*** 133 53 46 232 2,118 -1,886 0.11 18,448 20,113 $35.52 $55.22 $73.72
Accountants and Auditors 362 909 840 2,111 3,932 -1,821 0.54 84,311 96,461 $20.01 $29.05 $38.41
Computer Systems Analysts 252 56 370 691 1,369 2,934 -1,565 0.47 22,564 26,293 $28.69 $41.08 $50.09
Software Developers, Applications 133 813 195 313 1,454 2,455 -1,001 0.59 23,036 27,707 $24.56 $38.28 $46.25
Industrial Engineers 29 23 52 1,032 -980 0.05 10,209 11,018 $20.92 $33.06 $40.66
Computer Programmers 211 81 80 108 480 1,262 -782 0.38 19,000 20,828 $21.68 $34.45 $43.71
Civil Engineers 61 200 261 788 -527 0.33 14,237 16,793 $27.12 $38.52 $47.39
Medical and Clinical Laboratory Technologists7 7 530 -523 0.01 9,462 10,073 $21.73 $27.35 $30.20
Electrical Engineers 71 207 278 571 -293 0.49 7,507 8,346 $28.33 $40.36 $48.77
Sales Engineers 266 -266 N/A 2,046 2,260 $34.69 $48.74 $66.78
Cost Estimators 4 5 104 113 343 -230 0.33 11,197 14,830 $17.66 $26.01 $33.60
Information Security Analysts 76 10 144 201 431 573 -142 0.75 3,833 4,603 $23.72 $36.35 $45.07
Mechanical Engineers 97 308 405 544 -139 0.74 6,828 7,526 $23.54 $36.92 $46.48
TOP 15 BACHELOR LEVEL OCCUPATIONS IN UNDERSUPPLY USING SHORT-TERM DEMAND DATA (JUNE 2014)
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Unemployment Rate(Percent)
Median Earnings (Dollars)
Master’s degree
Bachelor’s degree
Associate degree
Some college, no degree
11.0
7.5
7.0
5.4
4.0
3.4
2.3
2.2
$24,544
$33,852
$37,804
$40,404
$57,616
$69,108
$89,128
$84,396
High-school graduate
Some high-school, no diploma
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Professional degree
Doctoral degree
Notes: Unemployment and earnings for workers 25 and older; earnings for full-time wage and salary workers. 2013 Weekly Median Earnings (multiplied by 52 weeks).Source: Bureau of Labor Statistics, Current Population Survey, March 2014.
Education and Training pay …2013 Annual Average
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FloridaDepartment of Economic Opportunity
Bureau of Labor Market Statistics
Caldwell BuildingMSC G-020
107 E. Madison StreetTallahassee, Florida 32399-4111
Phone (850) 245-7227
Warren MayWarren.May@deo.myflorida.com
www.floridajobs.org/labor-market-informationwww.labormarketinfo.comfreida.labormarketinfo.com
www.floridawages.comhttp://www.whatpeopleareasking.com/index.shtm
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