August 2020 Welcome to LMI Insider – A Publication of the Labor Market Information Institute Now Monthly Newsletter Mid-Term Projections Update – Your Choice! You now have choices when it comes to employment projections! Employment projections are data-driven estimates about the state of the labor market for a […]
Continue ReadingYou now have choices when it comes to employment projections! As you well know, employment projections are data-driven estimates about the state of the labor market for a certain year in the future. Job seekers, employers, training institutions, career counselors, and economic planners all use projections to help make critical decisions in areas including the […]
Continue ReadingThe above map shows the attainment rate for each state by selected population. Scroll over your state to see each state’s exact attainment rate and earnings associated with a certification or license, with a certification only or neither a certification nor license. Click on your state or select it in the dropdown menu to see […]
Continue ReadingDr. Susan Houseman, Vice-President and Director of Research at the W.E. Upjohn Institute for Employment Research, will address the Future of Work and how pandemic impacts may shape industry and occupation trends at the August 20, 2020, Projections Managing Partnership (PMP) Pre-Summit Session. Dr. Houseman is a distinguished labor economist whose research areas include temporary […]
Continue ReadingThe above figure shows the certification attainment rate for workers in the United States and a selected state by degree status. Select your state to see how its certification attainment rate compares with the United States. Contact the LMI Institute to learn how you can embed this visualization on your site. This article is part […]
Continue ReadingIt will take a long time for people to feel comfortable consuming and for businesses to return to normal operations. While the recession was the shortest in history, the effects will last for years to come. This was Dr. Mark Zandi’s message at the C2ER/LMI Institute (Virtual) Annual Conference Economic Outlook Keynote, Assessing the Economic Damage. The chief economist at Moody’s […]
Continue ReadingThe C2ER/LMI Institute (Virtual) Annual Conference ran its second live session of the week on The Urgency for Real Time Data (Tuesday, June 2). More real time labor market and workforce information can inform both the COVID response and recovery, addressing reopening and retraining policies. Traditional data sources are often published with a time lag, […]
Continue ReadingThis is a series of keynote summaries from the virtual 60th Annual C2ER Conference and LMI Institute Forum held June 1 – 5, 2020. The keynote session on the third day of the C2ER conference demonstrated how insight from businesses on the ground, coupled with high level data, help us to better understand the direct […]
Continue ReadingThis is a series of keynote summaries from the virtual 60th Annual C2ER Conference and LMI Institute Forum held June 1 – 5, 2020. New data on job openings and labor turnover at the metro level could result if BLS gets its proposed funding increase, said Commissioner William Beach of the Bureau of Labor Statistics at […]
Continue ReadingOver the past several years, the State Economic Development Program Expenditures Database team has noticed a sizeable uptick in the volume of state funds Virginia has allocated toward promoting economic development. This substantial rise in state expenditures is accompanied by relatively stagnant federal funding. The figure charts the change in state expenditures for the commonwealth […]
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