Unlocking the Treasure Chest of Labor Market Information: Crucial Information for Job Seekers, Educators, and Employers in a Tough Economy. Research Brief

Quality labor market data and analysis is critical to developing effective market-driven workforce and economic strategies in states, regions, and localities. Such information can be complex, intimidating, and overwhelming to many users, however. This issue brief offers a framework for understanding workforce information, including a summary of the different types of consumers of information and their need for comprehensive data and analysis about the labor market. It identifies the publicly available information sources that produce the data and provides suggestions on how to identify and address the gaps between user needs and the availability of reliable and timely data and analytical capacity to enable effective and informed decision-making by data consumers. Finally, it recommends ways in which states and local areas can make workforce information more readily available to consumers who must make important decisions. (Contains 3 endnotes.)