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Labor Market Supply/Demand Reports

The Labor Market Supply/Demand Reports provide a gap analysis for detailed occupations along with comparisons of online job postings and Employment Security Department data on Unemployment Insurance (UI) claimants. The annual version takes into account the number of graduates from colleges and universities entering the workforce as well as the number of UI claimants and WorkSource participants.

Labor Market Supply/Demand Reports

Monthly version:

The Supply and Demand tab in the report tables categorize the latest month’s Unemployment Insurance (UI) claimant and Help Wanted OnLine® (HWOL) data by occupation (O*NET/SOC codes) at the two- and three-digit level. The tables display the number of new online postings in the month compared to the number of claimants who have that employment history. Claimants are categorized by the occupation they are claiming against.

The Occupation Gap Analysis tab in the report is our newest feature for detailed occupations. This is the measured difference between the number of job postings via HWOL and the supply (the unduplicated count of UI claimants). This has been built around specific occupations based on their six-digit level O*Net code to give a more granular view of supply and demand based on online job postings per workforce development area (WDA).

The contract between Help Wanted Online (HWOL) and Employment Security does not allow this job posting data to be disaggregated to an individual county level unless the Workforce Development Area (WDA) is solely constituted of one county. The Supply Demand Report reflects this by allowing the user to select a WDA but not individual counties.

The 2010 Standard Occupational Classification (SOC) system is used by federal statistical agencies to classify workers into occupational categories for the purpose of collecting, calculating or disseminating data. All workers are classified into one of 840 detailed occupations according to their occupational definition. To facilitate classification and presentation of data, the SOC is organized in a tiered system with four levels, ranging from major groups to detailed occupations. There are 23 major groups (two digit), broken into 97 minor groups (three digit). Each minor group is broken into broad groups, of which there are 461. There are, at the most specified level, 840 detailed occupations.

How to use this data table:

Data can be filtered by WDA area, occupation level and by month using the cone shaped filters above or the selection boxes to the right of the data tables. Commuting patterns can influence the supply/demand relationship. This is a particular issue for counties that employ workers from numerous other areas.

Annual version:

The annual version of the Supply/Demand report takes into account the number of graduates from colleges and universities entering the workforce as well as the number of UI claimants.

The monthly Supply/Demand report uses occupational codes (i.e., SOC codes). Educational systems use educational identifiers from the Classification of Instructional Program (i.e., CIP codes) that support accurate tracking, assessment and reporting of fields of study and program completion activity. Instead of using a direct crosswalk between occupational and educational codes, this report uses “Units of Analysis,” groups of related occupations and training programs, developed by the Economic Development and Employer Planning System (EDEPS).

The “Units of Analysis” tool acts as a bridge between aggregated occupations and educational fields of study. This bridge mechanism allows graduates to be added to the mix of job seekers and UI claimants for supply/demand analyses.

Data sources:

These reports are based on Help Wanted OnLine® data from the Conference Board*, which provide a measure of real-time labor demand gathered from online job ads and administrative records from the Employment Security Department. The annual version uses the “Units of Analysis” tool developed by the EDEPS.

Update frequency:

Monthly: Provides the latest month’s UI claimant, WorkSource job seeker and Help Wanted OnLine® (HWOL) data by occupation (O*NET/SOC codes).

Annually: Based on the nature of available educational data, it is only possible to conduct analyses at the state level on an annual basis.

This workforce product was funded by a grant awarded by the U.S. Department of Labor’s Employment and Training Administration. The product was created by the recipient and does not necessarily reflect the official position of the U.S. Department of Labor. The Department of Labor makes no guarantees, warranties, or assurances of any kind, expressed or implied, with respect to such information, including any information on linked sites and including, but not limited to, accuracy of the information or its completeness, timeliness, usefulness, adequacy, continued availability, or ownership. This product is copyrighted by the institution that created it. Internal use by an organization and/or personal use by an individual for non-commercial purposes is permissible. All other uses require the prior authorization of the copyright owner.

*The Conference Board is a global, independent business membership and research association working in the public interest.

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