Labor Market Analysis Flashcards

Which federal agency publishes the Occupational Outlook Handbook (OOH), a primary resource for labor market information?

Answer: Bureau of Labor Statistics

The Bureau of Labor Statistics (BLS) publishes the OOH, which provides detailed information on hundreds of occupations including job duties, education requirements, pay, and job outlook.

In vocational evaluation, 'transferable skills analysis' is primarily used to:

Answer: Identify occupations a client can perform based on prior work experience

Transferable skills analysis identifies skills acquired in past jobs that can be applied to other occupations, helping match clients with feasible employment options.

The Standard Occupational Classification (SOC) system is used to:

Answer: Classify workers into occupational categories for data collection purposes

The SOC system classifies workers into occupational categories for the purpose of collecting, calculating, or disseminating data across federal statistical agencies.

A vocational evaluator is analyzing a rural labor market. Which factor would most significantly limit the number of available job titles for a client with physical restrictions?

Answer: Limited occupational diversity and fewer employers

Rural labor markets typically have fewer employers and less occupational diversity, which restricts the range of suitable jobs available to clients with physical limitations.

Which of the following best describes 'labor market survey' in the context of vocational evaluation?

Answer: Direct contact with employers to verify job availability and requirements

A labor market survey involves directly contacting employers to gather current data on job openings, wages, physical demands, and hiring requirements in a specific geographic area.

The concept of 'significant numbers' in vocational evaluation refers to:

Answer: The threshold of jobs that must exist in the national or regional economy

In vocational and disability contexts, 'significant numbers' refers to having enough jobs in the national or regional economy to constitute meaningful employment opportunities.

When using the Dictionary of Occupational Titles (DOT) for labor market analysis, the 'SVP' rating indicates:

Answer: The specific vocational preparation time needed to perform the job

SVP (Specific Vocational Preparation) in the DOT indicates the amount of time required by a typical worker to learn the techniques, acquire the information, and develop the facility needed for average performance in a job.