Roll up your sleeves! This webinar will be spent digging into
industry data. Using good data is an essential early step to launching an industry partnership, but
it can get overwhelming fast. We'll learn how to read and use data without getting "analysis paralysis,"
including assessing which industries really drive your regional economy.
We'll learn how to weigh multiple factors such as short and long term job growth, density of
companies within one industry in your region, number of jobs, and average wages and salaries. Finally,
we will discuss what to do with this information, and how to use it to immediately start building buy in
and support from public and private partners to launch an industry partnership.
Follow-Up Q and A
1. Are "labor market" and "laborshed" the same thing?
They are not the same thing, but a labor shed analysis is an important part of a labor market analysis. A Laborshed is
defined as the area or region from which an industry hub draws its commuting workers. Laborshed studies show the distribution
of where workers live compared to where they work, irrespective of political boundaries like county lines, city lines, workforce
investment areas, etc. Laborshed analyses can also look at underemployment, the availability and willingness of current and
prospective employees to change employment within the workforce, current and desired occupations, wages, and hours worked and
distance willing to commute to work.
A regional labor market is defined as the geographic area in which a concentration of companies within one industry are found,
and where they share a labor force and access to common infrastructure. A regional labor market for one industry can include
separate but roughly adjacent hubs of industry (i.e. concentrations of firms may be found in a city center, and also 30 miles
away in a suburban center in one direction, and some distance away in another direction, for example).
For the purposes of an industry partnership, some judgment is needed to define the "right sized" labor market region for
an industry -- i.e. not too big (statewide for example, or even half a state), and not too small (within the lines of just
one city or town for example).
2. Is it possible for you to give examples of existing industry partnerships?
Go to our website and click on the EARN Maryland Resource
Page. On this page you will find some examples of real life partnerships from Colorado.
3. To clarify, in September there will be RFP's for planning grants and then a separate RFP for actual programs including
training released in spring 2014?
Yes, the Planning Grant solicitation will be released at the end of September 2013. The Implementation Grant solicitation will be
released in the spring of 2014.
Please join us for the next webinar on Thursday, August 1, 2013 from 1 - 2 p.m., "Mobilizing (or Expanding) Your Partnership:
Preparing for the Launch."
If you have not yet registered and received an access link, go to