Collecting & Assessing Community Information/Needs Assessment

Types of Labor Forecast (Demand)

Employer surveys: Contact employer and determine their current and projected employment needs. Most widely used approach employer's assess current and projected labor demands.

What kinds of questions would need to be asked of employers in your technical field? Why?

What are some advantages of this forecast method?

What are some disadvantages of this forecast?

Ecometric approach: Projects population (age, gender, race, geographical location); 2. Labor force (age, gender, race, educational level); 3. Assume minimum unemployment based on estimated GNP trends; 4. Estimate based on above data, BLS model, US department of Labor. Most sophisticated labor forecasting method in used today. More relevant at the state and Regional levels.

What are some advantages of this forecast method?

What are some disadvantages of this forecast?

Job vacancy: Based on current vacancies for 30 days or more within a community.