From our content partner, Chmura Economics, this chart shows the forecasted occupation gap for the Roanoke MSA over the next 10 years and offers an annual demand of jobs for each industry code. Three of the top four are health care, which is not surprising, but reinforces the future job opportunities for young adults in the Roanoke region. Again, these are forecasts, but it offers a pretty good indication based on data and expert analysis the future opportunities. If your occupation cluster is not on the list, it does not mean there will not be any opportunities rather thse listed in the chart will be the fatest growing and most demanded. If your business, would like to access this data, visit www.roanokeva.gov/businesseq and if you are a job seeker wanting access, go to www.roanokeva.gov/connect.
Note: Local new hires and local replacements are user-generated data points to add to the confidence level of these forecasts. If your company has forecasts of future staffing needs and would like to include, then please do so. The information will remain private.
Many reports talk about a community’s UNemployment rate, but what about the UNDERemployment rate. Using Chmura Economicsdata (you can too by visiting www.roanokeva.gov/businesseq and create a profile) you can see this sharp difference in underemployment in the Roanoke MSA from 2001to 2007 compared to the Virginia rates during the same time.
Underemployment
Roanoke, VA MSA
Virginia
2001
2007
2001
2007
Labor Demand
Low Skill
60.3%
59.6%
57.8%
56.1%
Medium Skill
23.6%
23.1%
23.0%
22.2%
High Skill
16.1%
17.3%
19.3%
21.7%
Labor Supply
Low Skill
51.7%
50.5%
45.3%
43.7%
Medium Skill
28.7%
28.6%
27.7%
27.5%
High Skill
19.6%
20.9%
27.0%
28.8%
Underemployed
Low Skill
-8.6%
-9.0%
-12.5%
-12.4%
Medium Skill
5.1%
5.5%
4.7%
5.3%
High Skill
3.5%
3.6%
7.7%
7.1%
Source: JobsEQ®Data as of 2008Q4
Last month the City’s job fair boasted 637 available jobs from about 35 employers. The takeaway from this is that it’s not that there are no jobs, but are job seekers going to (1) humble themselves and take a position “beneath” them? (2) acquire the skill sets needed to fill some of the oeon jobs or (3) leave the region. Let’s hope not option three. If you are in that boat, then please go to www.roanokeva.gov/connect and register to stay in touch with us.
For those who say there are no jobs in the region, below is data from Chmura Economicsfor the largest Increase in the Number Employed from a Year Ago in the Roanoke MSA. You can access the database for free by creating a profile at www.roanokeva.gov/businesseq.
If you are job searching or investing in continuing education, then you may want to pick one of these fields.
Largest Increase in the Number Employed from a Year Ago
The Virginia Community College System scored a slam dunk with an assist from Chmura Economicson creating the best online platform for assisting job seekers called VaWizard.org.
In the above video, VCCS chancellor Glenn DuBois tells of how the project came about while he was planning a trip on Expedia. That online experience inspired him to ask Congress for $2 million to create the site.
The features of the site include current data from a variety of sources using Chmura’s Jobs EQ to determine the supply and demand of jobs in industry codes in a region. There is a questionnaire for users to take to determine what career fields may interest them. Those results turn up average salaries, companies who hire for those jobs, and links to Indeed.com of jobs already posted.
Additionally, if the job requires training, there are links to curriculums with cost of acquiring the education and financial aid packages.
If you are unemployed, underemployed, looking for a new job or career or know someone who is, then you must spend some time on this site to get your strategy in order so then you can go and implement the strategy by connecting with other people.
Chmura Economics has some powerful resources it has created to identify the job openings in your region. Plus, they have also designed a front-end easy to use dashboard for job seekers to interact with the data.
As job seekers struggle for job opportunities, economic development officials design their strategies, entrepreneurs identifying business opportunities and workforce development creates continuing education programs, Chumura’s system is the ideal tool to use during these economic times. Career Concourse – Powered by JobsEQ(R) from Chmura Economics on Vimeo.
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