Labor Market Information Cheat Sheet - New Mexico Department Of Workforce Solutions (Page 4 of 5) in pdf

Labor Market Information Cheat Sheet - New Mexico Department Of Workforce Solutions Page 4

cheat sheet

l a bor m ark e t inform at ion

Program & resource

Data Program/

Frequency and

Geographies

Data Description

Key Uses

Overall Uses

Websites

Source

Release Schedule

(beyond nation)

Employment

Projected Employment

Projections

• Industry employment

• Bienially

• States

• Business

• Top growth jobs and jobs

National

projections

• WIA regions

planning

in high demand

- Released two years after

• Occupation employment

• MSAs

• Policy planning

• Projected trends in

the base employment

New Mexico

projections

• Career

industry composition and

year (typically around

• Occupational staffing

planning

growth

July)

patterns

• Education

• Growth trends in industry

programming

and occupations across

- (Data measure jobs based on

geographies

place of work)

• Projected demand for

certain occupations for

education programming

and policy purposes

National

Employer Pay and Benefits Costs

Compensation

• Change in employer costs

• Quarterly

• Select states

• Business

• Change in employer costs

National

Survey (NCS)

• Employer cost per hour

and MSAs

planning

of labor over time

- Released four months

worked for compensation

• Cost of labor

• Determining benefits

after each month

(NM data is not

New Mexico

• Data on incidence and

• Policy planning

packages and assisting

available)

Not applicable

provisions employee

• Census regions

wage and salary

benefits plan

and divisions

administration

(NM data not available)

• Adjust wages in contracts

and when bargaining

• Formulating public policy

and monetary policy

NM Workforce

Job Searching and Matching Career/Employment Resources

Connection

• Job postings

• Real-time updates

• All geographies

• Job search

• Explore careers and look

National

• Career exploration

to job postings and

in New Mexico,

• Career

for a job

N/A

resources

candidates

depending on

exploration

• Resources and information

New Mexico

• Job matching functionally

location and

• Job matching

on applying for and getting

• Skills assessments

data source

• Job posting

a job

• Career counseling

and candidates

• Post job openings and find

resouces

candidates

• Job candidate information

Labor Market Information Cheat Sheet - New Mexico Department Of Workforce Solutions Page 4

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