You can do this at the O*NET website. EDWC’s databases take the O*NET information on KSA’s and “crosswalk” to specific occupations and SOC’s via a “compatibility index.” We then pull all this data together to target a specific occupation with high numbers of jobs and compatible wages in our geography. Using the summary table of information we built here, we chose “Laborers and Freight, Stock and Material Movers” with an SOC of 53-7062. While technically from the transportation and materials moving industry, this occupation has a high compatibility index (98) with 1,124 jobs and a wage rate that works at a $16.34 per hour median.
Do a Deep Dive into the Data Around the Selected SOC’s
Your goal is to answer the question: Will I be able to find the talent I need?
There is a TON of free data out there you can find by Googling the specific SOC’s…too much really. I’d recommend starting here: https://www.bls.gov/regions/home.htm. EDWC gets to actionable insights more quickly by using our sophisticated analytics capabilities to produce concise, graphical intelligence.
Get EDWC’s full occupational snapshot report for “Laborers and Freight, Stock and Material Movers” by clicking here!
Here are some key insights we found for this occupation:
Place of Work vs. Place of Residence
Regional vs. National Employment
This helps you get at supply and how it is changing relative to the nation.
Occupation Gain and Drain
Building confidence around if you will be able to find the talent you need expands if you know all the places where folks are coming from in transitioning to your target occupation. Here’s what it looks like for Laborers and Freight, Stock and Materials Movers
Now that you have addressed the question of “Will I be able to find the talent I need,” Part 3 of our series on “Shifting the Hiring Imbalance Your Way” will address the question of “How much do I need to pay to get them?” See, I told you we had your back!