Before we get started we recommend you familiarise yourself with the difference between industries and occupations by watching this short video.
- We feel is it best to start with an occupation table.
- Occupation tables worked best when the user either selects all available or inputs groups they have created around a specific occupational area.
- The criteria selection pages give you a selection of columns to feature in the table.
- Shift share shows how much of region’s job growth can be attributed to national trends and how much is due to unique regional factors.
- Shift share compares this picture of “expected” change to the region’s actual change during that time.
- The difference between the two is one measure of regional performance. Shift share analysis is practical because it provides context for regional job growth.
- While shift share looks at the total jobs in an industry, Location quotient looks at the uniqueness of a regional economy.
- Location quotient (LQ) is basically a way of quantifying how concentrated a particular industry is in a region compared to the nation. If the value is 1 this means it matches the national level.
- Occupations are classed under 1 to 4 digit SOC codes, or standard occupation classification codes.
- If you are unfamiliar with SOC codes, we recommend you filter this table at ‘all levels’.
- This will provide context to very specific occupations and you can add more detail as you progress from 1 digit to 4 digits.
- At 1-digit level there may be a large decline in one particular occupation. It is important to investigate this in more detail as although the sector may be in decline, one particular occupation may have a large amount of growth. This is why, here at Emsi, we try and provide the most granular data possible.
Change and churn
- Job ‘change’ is the amount of newly created positions.
- Openings are the amount of newly created jobs in addition to job churn, this includes death and retirement.
- Annual openings are the average of this number per year across your selected timeframe.
- An occupational overview can provide you with more information about one or more occupations.
- It will show you an overview of regional trends, demographics and claimant counts.
- Analyst will also provide you with an overview of any occupational group you create as well as overview for varying detailed SOC codes.
- We have provided you with template occupation group which you can edit.
Compatible occupations – O*Net
- Once you provide an occupation, the report will provide you with compatible occupation with similar skills and knowledge.
- Emsi has taken this model from the American O*Net model and adjusted it to fit within UK comparisons.
- It allows use to draw very accurate comparisons between the knowledge and abilities required for any job by evaluating their competencies.