Labor Market Data to Inform Workforce Strategy

Labor Market Data to Inform Workforce Strategy 
by Jim Vleming, Regional Labor Economist, ESD 

Join SIHRMA for our monthly chapter meeting to learn about the historical and current local labor market, as well as sourcing and using labor data to inform workforce strategy.

Event Details
Thursday, May 9; 7:30 am – 9:00 am
Skagit Station, 105 E Kincaid St, Mount Vernon, WA 98273

Session Information 
With local unemployment rates getting comfortable at historic lows, employers are experiencing challenges related to a strong labor market. This presentation explores local labor market conditions including industry employment trends, regional wage growth, commuting patterns, employment projections and more. Jim draws from publicly available data and will also provide some information about where labor market data can be found as well as tips about how to use (and avoid misusing) labor market information.

Attendees will explore: 

1. Historical labor market trends and triggers 
2. The current status of Skagit County's labor market based on March 2024 preliminary data
3. Best practices for sourcing data for workforce strategy development