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Developer Updates

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Developer helps communities quickly and efficiently understand their local economy, identify industry strengths, and analyze their regional workforce. The platform is powered by labor market information, job postings, and professional profiles. But data is always changing, as are the needs of communities. 

To keep pace with this evolving nature, we continually update Developer with new functionality, reports, and data. Some changes are small and hardly noticeable, others are more substantial. Here are five updates to be sure and know about.

1. ACS census tract- and zip code-level data

To provide more granularity and an additional geographic delineation, back in February we released census tract-level data. American Community Survey (ACS) data at the census tract and zip code-level level is now available in the Community Indicators Map.

Users can quickly pull a report and map visual of social, demographic, housing, and economic data, straight from Census’s five-year ACS, and do so by census tract or zip code. From developing local policy priorities to administering Community Empowerment Zone programs to measuring social impacts of Opportunity Zone investment, ACS data at the census tract level or zip code level provides the granularity needed for informed decisions and measurement of KPIs.

2. Occupation gain and drain

You can now identify the “gain and drain” for occupations (two and five-digit SOCS) in the Occupation Snapshot. The table analyzes profiles of current and past workers in your selected occupation. Job transitions from other occupations to your selected occupation and job transitions from your selected occupation to other occupations are displayed.

This info comes directly from Profile Analytics and provides a clear view of career pathways involving a given role. With this information, economic developers, workforce development organizations, and local leaders can understand likely transitions of workers, and more importantly, begin formulating tactics to move people into aligned transitions—those transitions where existing skills coupled with upskilling allow people to move into high growth and high demand roles.

3. Occupation skills alluvial

The new Skills Alluvial is great for identifying emerging or trending skill demand in your region. This view showcases the top 15 skills for an occupation in each quarter over the last year and is pulled from job postings.

Search by title or occupation for a better understanding of what skills employers are seeking for specific roles. For example, over the last year we see that in the Orlando MSA strategic planning is a skill growing in demand for Management Analysts roles.

4. Advertised wage trends

You can now see advertised wage trends in the Job Posting Analytics report. Real-time data is essential when following labor market trends. Instead of waiting for government-reported wages (which have a 12+ month reporting delay), you can use advertised salary data to identify wage pressures, analyze your competitors, and understand compensation by job title, company, region, and skillsets.

5. Unemployment by demographics

Unfortunately, the need for readily available and easily accessible unemployment data has been high over the last year. To make access even easier, we moved the Unemployment by Population Demographics into the Economy Overview report. Users can now quickly ascertain unemployment rates by age, gender, race, and ethnicity. The data displayed is for the most recent month available.

In order to provide the most relevant and usable data, we continually update our Developer platform. Have questions about these updates or future updates? We’d love to hear from you.

The post Developer Updates appeared first on Emsi.



Source: https://www.economicmodeling.com/2021/05/10/developer-updates/


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