Paving the Way: Leveraging Labor Market Insights for Strategic Planning
By
Matthew Insco, Branch Chief, BLS West Region Information Office
Thursday, March 12th, 8:00AM - 9:00AM
Virtual Only
Understanding labor market dynamics is essential for making informed workforce decisions in an increasingly complex economic environment. This presentation will equip attendees with the information, context, and practical tools needed to make data-driven decisions, communicate effectively with organizational leadership, and anticipate future workforce challenges with confidence.
Participants will gain a clearer understanding of how broader economic conditions translate into real-world impacts on labor costs, talent availability, and compensation strategy. The session will explore key labor market signals and projections to help HR professionals move from reactive decision-making to proactive strategic planning.
This presentation will include:
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A breakdown of key economic indicators, including inflation and labor turnover, and how headline figures influence labor costs and workforce decisions
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An overview of labor market projections to support strategic workforce and talent planning
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Practical guidance on translating economic data into insights that resonate with business leaders
Learning Objectives:
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Learn how to leverage publicly available economic data for strategic workforce planning
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Develop the ability to interpret economic signals and understand their implications for your workforce
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Learn how to locate and interpret key Bureau of Labor Statistics (BLS) datasets to support compensation benchmarking and planning
About the Speaker:
The U.S. Bureau of Labor Statistics (BLS), an agency within the U.S. Department of Labor, measures labor market activity, working conditions, price changes, and productivity in the U.S. economy to support public and private decision making.
Matt Insco is the Branch Chief of the BLS West Region Information Office. He leads a team responsible for disseminating BLS data through press releases, analytical articles, and the BLS website. The office conducts outreach on behalf of BLS and supports data users by helping them access, understand, and interpret BLS statistics. Matt is a graduate of the University of California, Riverside, and has worked at BLS for over 25 years.
Attendees earn one (1) recertification credit for SHRM and/or HRCI certifications.
