Labor Market Data in Institution Leader Insights

What is Leader Insights?

Leader Insights is a centralized dashboard designed to help campus leaders track progress, measure success, and identify areas for improvement across Watermark products.

At the institutional level, administrators and leaders can explore more than 50 essential questions spanning six Watermark solutions. Additionally, institutions that license Planning & Self-Study with the Market Landscape Data Pack add-on from Lightcast gain access to market landscape insights.

Users can access Institution Leader Insights and Program Leader Insights through the Insights Hub or Planning & Self-Study.

Once in the Insights area, you will see tabs across the top containing different categories of data. The areas you see will depend on which tools you have that are integrated in the Watermark Suite. You might see Institution, Continuous Improvement, Faculty, Students, and Labor Market.

Institution & Region Context

If your institution has the Lightcast data pack enabled for Planning and Self-Study, higher education leaders at the institutional-level only will be able to access a widget in Leader Insights. This widget will showcase curated data for Lightcast's Analyst product that includes Region, Industry and Occupation data. This data helps institutions identify trends and provides opportunities that they can deep dive into when informing strategic moves.

An Insights page for Watermark University showing Labor Market Insights with an Institution & Region Context panel that lists population data, the institution ZIP code, the radius used, the timeframe, and the number of included counties, alongside a Regional Population Breakdown table showing county names, populations, and percentages.

In this widget, an institutional administrator can view data from Lightcast’s Regions, sourced from the U.S. Census. Data included in this widget are listed below.

  • Regional Demographics and Changes in Population, Jobs & Unemployment and Labor Force
  • Regional Labor Force Breakdown
  • Top 3 Highest and Lowest Growing Industries & Occupations in Region

*Note- The zip code is based on the address associated with Institution IPEDS ID. Time frame cannot be adjusted, while Distance can be adjusted in increments of 50 miles, from 50-300.

Important questions that can be answered using this data:

  • What is the overall region (zip and radius) and timeframe that are reflected in these Labor Market insights we are viewing?

  • What counties are included?

  • What is the total available population in our region and what proportion does each county represent?

A population and labor market summary showing percentage changes in population, jobs, labor force, and unemployment, along with a Change in Population section containing tabs for Age Cohort and Race/Ethnicity. The chart displays percentage changes in population by age in five‑year increments, with a highlighted bar showing a value of +13.3% for the 70–74 age group.

The data on this chart is an economic overview in regions sourced from the U.S. Census and National Bureau of Labor Statistics.

Important questions that can be answered using this chart:

  • How have population, jobs, labor force and unemployment trends changed in our region?
  • How do the changes in the region’s jobs compare to the national rate?

Change in Population, Age Cohort & Race/Ethnicity

A population and labor market summary showing percentage changes in population, jobs, labor force, and unemployment, along with a Change in Population chart under the Age Cohort tab. The bar chart shows percentage changes in population by age in five‑year increments, with a highlighted bar indicating a +13.3% increase for the 70–74 age group.

This shows the data from Lightcast’s Demographic Overview in Regions, sourced from the U.S. Census.

Important questions that can be answered using this chart:

  • How has the population changed by age cohort?

  • Are we observing a decline in age cohorts that impact our high school graduation pipeline? If so, do we need to consider targeting more non-traditional students within a specific age cohort or double down on our efforts to recruit high school students?

  • How has the population changed by race/ethnicity?

  • Are we observing changes to the race/ethnicity that may warrant changes to recruitment, services, strategic partnerships or other tactics?

Labor Force Breakdown

A Labor Force Breakdown section showing an analytic view with a circular chart representing total population and segments for the 16+ civilian non‑institutionalized population, not in the labor force, labor force, employed, unemployed, and the under‑16, military, and institutionalized population. A legend lists each category with corresponding population counts.

Labor Force Population data from Economy Overview in Regions, sourced from the U.S. Census and National Bureau of Labor Statistics.

A Labor Force Breakdown table showing categories, definitions, population counts, and percentages, including total population, the 16+ civilian non‑institutionalized population, people not in the labor force, the labor force, employed individuals, unemployed individuals, and the under‑16, military, and institutionalized population.

An important question that can be answered using this data:

  • What categories within the labor force are addressable for recruitment, e.g. what is the percentage of 16+ Civilian Non-Institutional that are Not in the Labor Force or Unemployed?

Industries

An Industries and Occupations section showing bar charts for the bottom three growing industries, the top three growing industries, the bottom three growing occupations, and the top three growing occupations. A bar in the Top Three Growing Industries chart is highlighted with a tooltip showing that jobs grew by 80 in the last five years.

Important questions that can be answered using this data:

  • What Industries in our region are seeing the highest and lowest positive growth?

  • How do this trend impact or relate to our existing offerings, and/or opportunities for recruitment, curriculum, or employer partnerships?

Occupations

An Industries and Occupations section showing bar charts for the bottom three growing industries, the top three growing industries, the bottom three growing occupations, and the top three growing occupations. In the Top Three Growing Industries chart, a bar is highlighted with a tooltip indicating an 11% increase and that jobs grew by 80 in the last five years.

Important questions that can be answered using this data:

  • What Occupations in our region are seeing the highest and lowest positive growth?

  • How do this trend impact or relate to our existing offerings, and/or opportunities for recruitment, curriculum, or employer partnerships?

Was this article helpful?
0 out of 0 found this helpful

Articles in this section

See more
How to Contact Support
There are many ways to reach out! Click the icon above for our support options.
Watermark Academy
Click the icon above to access the Watermark Academy for consultation, training, and implementation companion courses.
Customer Community
Can’t find the answer? Ask fellow users how they’re making the most of Watermark in our Community!