Fine-Tuning Your Strategic Planning Using Labor Market Analysis and Informed Decision-Making

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The U.S. Employment and Training Administration (ETA) has collected here a variety of data sources, labor market analysis samples, targeting process models, and strategic planning resources to incorporate into your planning process.  Taken together, these all help you zero in on labor market outcomes you wish to achieve in your employment and training (E&T) program(s).

Tutorial on Assessing LMI Data for Strategic Planning

The Missouri Economic Research and Information Center (MERIC) developed this training module to demonstrate how you can select various data sets and analyze their significance.  Knowing what the data tells you will add value to your strategic planning process. 

Steps in targeting process

Podcasts and Training Modules on Using Labor Market Data

In the Quick Lesson Podcasts and other training webinars, we show you how to use workforce data to identify growing and in-demand jobs, determine which of them are “good” jobs, and ascertain what preparatory education and training are needed to qualify for them.  Drawing upon the best sources, we outline their strengths and limitations, explain oft-used terms like “high growth” and “good jobs,” and help you to avoid common pitfalls.

Guide to State and Local Workforce Data

This Guide identifies some of the best data sources for demographic, employment, labor force, education, and other characteristics of the workforce in various geographic regions and in special populations, which you can compare to a larger region or geography, such as the state or nation to determine where your area is unique or facing special challenges.

Putting LMI to Work in Programs - The Targeting Process

Decide on a targeting models that best serves as a roadmap for achieving the labor market outcomes desired for your customers.  Selecting the most appropriate or key industries and occupations for your service delivery will mean that you have a reliable return on investment for the funding, assets and staff resources you employ.  This requires leadership and vision in deciding what data criteria, filters and data cut-offs to use in determining where data shows a strong need for focus among your targeted populations. 

Workforce Research, Labor Force Information, Job Openings Data, and Other Data from Multi-Purpose Analysis Tools

These additional resources and directories of data sources identify some of the best multi-purpose electronic tools that incorporate labor force data, job ads data, and other employment-related information in one place — including a new resource that explains what kind of information is available from different e-tools.

     ETA E-Tools Branding 

Content Information

Content Type: Resource
Target Populations: Non-Target Population Specific

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Posted: 6/6/2017 3:54 PM
Posted By: Teresa Theis
Posted In: LMI Central
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