Deeper Dive into Demand-Side Data: Identifying Target Sectors
Diving deeper into data to determine the sectors that should be targeted by your strategy means pulling in information from a variety of resources. Targeted industry sectors should be considered as a part of a regional economy, as outlined in the Workforce Innovation and Opportunity Act (WIOA). The resources listed below can guide you to use data to identify these regional target sectors.
- [NEW] Using Data to Understand Demand:This tool is for practitioners—workforce leaders, managers, and program staff—to help them understand how to identify target industry sectors, assess the performance of these industries, and make common-sense decisions, within sector partnerships, about occupations and skills upon which training and education investments will be made. While there are many ways to collect and present industry and occupational data to decision-makers, this brief spotlights some of the most commonly used methods.
- Catalogue of Workforce Information Sources: Decision Making Assistance for Workforce and Economic Development: Includes specifics on the government sources for gathering data for both workforce and economic development, as well as information on private sources that generate data for workforce development purposes.
- Using Data to Drive & Measure Sector Strategies: This extensive PowerPoint presentation offers basic information on how to use Labor Market Information to select industry sectors in a region or state.