By Zafer Sonmez
An earlier blog post described the online tools and information provided by O*NET Online. This post focuses on how workforce development agencies and potentially economic development policy makers could utilize O*NET data.
The core mission of workforce development agencies is to help workers and businesses transition in a changing economy. These agencies constantly strive to align their policies and programs with projected labor market demands. They also try to influence future demand by increasing the supply of workers with certain skill sets, with the end goal of aiding the growth of targeted industries (e.g. green industries) in a region.
O*NET provides key components of the data needed in this process. Below I discuss three specific areas where O*NET OnLine could be a primary data source for workforce development agencies in advancing their goals. Continue reading
By Zafer Sonmez
This is the first of two blog posts exploring O*Net Online, and how it can be useful for workforce development agencies in advancing our green economy (Part II is here). The online tools and information provided by O*NET, the occupational information network, and its complementary databases can help with defining green occupations and analyzing skill gaps, transferability and educational requirements.
The transition to a green economy is causing big changes in employment demand and worker requirements such as tasks, skills, knowledge, and credentials. In this process, the importance of systematic, up-to-date data is critical in advancing workforce development goals. Continue reading
Raising the minimum wage stands to impact Illinois workers’ ability to sustain families and cover expenses including high housing costs. Whether in the form of rent or mortgage payments and maintenance costs, housing costs make up the largest monthly expense for most households. However, a common concern is that raising minimum wage may actually increase unemployment.
Findings from our report The Impact of a Minimum Wage Increase on Housing Affordability in Illinois suggest that raising the minimum wage will not only increases housing affordability, it will raise tax revenue and have minimal impact on employment levels. This report is timely, as minimum wage bills make their way through the legislative process. Continue reading