Labor Market Information
From WIRE
The following are key types and sources of information regarding the labor market, available for those involved in the workforce development system.
Highlighted Resource: Job Growth Projections and Analysis in Chicago's Emerging Green Industries, a report from CJC and the Chicago Workforce Investment Council, highlights growth projections for industries likely to be affected by the implementation of the Chicago Climate Action Plan (CCAP). The research aids organizations in Chicago's workforce development system with planning and future investments in training and job preparation.
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Employment Projections
Distilled Projections
Chapin Hall at the University of Chicago, has distilled employment projections from IDES, and other sources, as part of their work surrounding Chicago WIA providers. CWICstats, a research initiative from Chapin Hall, also creates the following dashboard reports each quarter for the Chicago Workforce Investment Council, providing them with key labor market statistics, including employment figures, mass layoff statistics, and new hire estimates.
- Quarter 4, 2011 Dashboard Report
- Quarter 3, 2011 Dashboard Report
- Quarter 2, 2011 Dashboard Report
- Quarter 1, 2011 Dashboard Report
- Quarter 4, 2010 Dashboard Report
Occupational Overviews
There are a few different sources for occupational overviews, which are resources containing a range of information on various jobs. Often included in these reports is information on:
- Required training and education
- Potential earnings
- Job descriptions
- Job prospects and trends
Reliable sources for such overviews are as follows:
- The Bureau of Labor Statistics' Occupational Outlook Handbook
- U.S. Dept. of Labor's Occupation Information
- Illinois DCEO's Job Information
Real-Time Labor Market Trends
Chicago Workforce Investment Council (CWIC)
CWIC is one source for real-time labor market trends in Chicago. Utilizing Help Wanted Online from the Conference Board, CWIC develops quarterly reports on job demand and employer needs. These are based off data pulled from internet job boards. The ability to pull from current online job postings is why these reports are referred to as "real-time".
For more information on the importance of real-time labor market information read this report from the Brookings Institution.
Illinois Department of Employment Security (IDES)
The Illinois Department of Employment Security (IDES) in conjunction with the U.S. Department of Labor (Bureau of Labor Statistics) provides three resources focused on Local Employment Dynamics.
- QWI Online (Quarterly Workforce Indicators) - employment rates, job creation, turnover, average monthly earnings, and more.
- Industry Focus - top industries listed by county, metropolitan area, and local workforce area.
- OnTheMap - Web-based mapping system showing where people work and live.
IDES publishes its Illinois Labor Market Review every quarter. As the title suggests, this is a source for information on industry growth, job trends, demographic shifts, and more. Click the link above for the most recent report.
Footnotes
Visit CJC's other pages dedicated to the following topics:
Also, do not forget to check out other highlighted topics in Featured Data.
