Labor Market Information for Researchers

Labor Market Information for Researchers - Overview

Labor Market Information for Researchers - Overview	Last Updated: March 24, 2011

The Connecticut Department of Labor's Office of Research has long been recognized as a reliable, professional resource for economic data. Often referred to as Labor Market Information (LMI), that data is gathered and compiled for use by a wide audience for a variety of purposes. Those in our audience who are economists, researchers, planners, and policy makers often use our data to support conclusions and to inform and advise decision makers. These can affect the conduct of business and government, as well as the development of educational and other training opportunities.

Our LMI Publications page, where you will see the titles of all our publications, is another resource to support your plan. You can read these publications at our centers or order them for your continued use. They contain data (tables or charts along with text) which have been collected, analyzed, and organized especially for the convenience of our readers. Also, you can find a complete listing of available data on our LMI Data page.

The Office of Research occasionally undertakes special studies and projects of importance to the State on topics relevant to the labor market, workforce, and the workforce development system. See Occasional Papers & Reports for a complete listing.

Recent Research Products

Workforce Employment Dynamics an innovative program initiated by the Office of Research. Its purpose is to provide information on the characteristics of Connecticut’s jobholders, including detailed breakdowns by age, gender, industry, geographic region and wages earned. WED data will be useful for any initiative that relies on an understanding of the labor market, but can be especially valuable for workforce development policy formulation and planning.

Training and Education Planning System (TEPS) is a tool designed to aid the analysis and discussion of the demand and supply of talent in Connecticut’s workforce. It is intended to help identify where there may be skill shortages or surpluses in the labor market, and thereby guide investments in education and training programs by program planners and administrators, as well as by individuals considering career options.

Connecticut Workforce Scorecard Taken together, this group of economic indicators presents an overall picture of the current conditions in the CT labor market.

Connecticut Consumers Scorecard Critical to the health of the National and State economies is the ability of consumers to buy the goods and services.

Connecticut Businesses Scorecard The health of the business sector will affect, among other things, the ability of firms to hire workers and, particularly in regard to businesses selling their goods and services outside the State, the ability to increase the State’s income through exports.

Connecticut Current/Future Overall Scorecard A group of indicators known as Business or Economic Indicators are composites constructed by combining several different time-series to produce a single number that provides an indication of the overall, broad activity in the economy. Two major groups of business, or economic, indicators are available: a group that measures the current state of the economy, and a group that indicates where the economy may be going in the near future.