NAWB presentation

HOW LOUISVILLE IS USING LABOR MARKET INTELLIGENCE TO SHAPE ITS ECONOMIC FUTURE ERIC BURNETTE, WORKFORCE INTELLIGENCE & COMMUNICATIONS

&

MICHAEL GRITTON, EXECUTIVE DIRECTOR

KENTUCKIANAWORKS LOUISVILLE, KY

FOR POLICYMAKERS

WHERE ARE WE?

Source: EMSI Analyst

Overrepresented & High-paying

Underrepresented & High-paying

Under $20,000 9%

$20,000-‐$23,849 12%

$23,850-‐$34,999 30%

$35,000-‐$39,999 8%

$40,000-‐$44,999 5%

$45,000-‐$54,999 14%

$55,000-‐$74,999 12%

$75,000-‐$99,999 8%

$100,000 + 2%


27%

51% 22%

AUSTIN MSA OCCUPATIONAL WAGES BY TIER

Under $20,000 14%

$20,000-‐$23,849 11%

$23,850-‐$34,999 33%

$35,000-‐$39,999 10%

$40,000-‐$44,999 6%

$45,000-‐$54,999 10%

$55,000-‐$74,999 10%

$75,000-‐$99,999 5%

$100,000 + 1%

LOUISVILLE MSA OCCUPATIONAL WAGES BY TIER

26% 58%

16%


RESULTING CHANGES TO MAYOR’S STRATEGIC GOAL FOR WAGES

Original

New

Improve average wages (in all industries covered by unemployment insurance) to top quartile of urban peer cities by FY16. “Advantage Louisville,” our community’s five-year economic development strategy, will inform most of this goal’s initiatives.

Improve median annual wages, adjusted for cost of living, to the top half (1/2) of peer cities by 2020 and top third (1/3) by 2030.

RESULTING CHANGES TO MAYOR’S STRATEGIC GOAL FOR JOBS

Achieve an employment rate that is within the top quartile of peer cities annually and increase economic growth and innovation consistent with the Bluegrass Economic Advancement Movement (BEAM) Metropolitan Business Plan proposed by Brookings by FY18. "Advantage Louisville," our community's five-year economic development strategy, will inform most of this goal's initiatives.

Original

Proposed (Placeholder)

CENTRAL QUESTION: How do we get the most jobs we want (high wage/high demand) out of the industries we have?

FOR INDUSTRY PARTNERS

HEALTHCARE AS PERCENTAGE OF TOTAL JOBS

LOUISVILLE MSA


Acute Healthcare

7% 50,696 jobs

Longterm Healthcare

3% 17,907 jobs

All other industries

90% 600,122 jobs

All Other Industries

90% 600,122 JOBS

HEALTHCARE AS PERCENTAGE OF PROJECTED 2013-2023

JOB GROWTH LOUISVILLE MSA


Longterm Healthcare

6% 4,294 jobs

Acute Healthcare

16% 12,058 jobs

All Other Industries

78% 17,907 jobs

LONGTERM VS ACUTE HEALTHCARE BY INDUSTRY

LOUISVILLE MSA


ACUTE vs LONGTERM HEALTHCARE BY INDUSTRY

LOUISVILLE MSA


HEALTHCARE JOBS BY TOP JOB POSTINGS

LOUISVILLE MSA

Source: Burning Glass

HEALTHCARE JOBS BY TOP EMPLOYERS LOUISVILLE MSA


FOR THE PUBLIC

http://kentuckianaworks.org/Portals/2/KCC-Quarterly-Report-

Q32014.pdf

Sources: EMSI Analyst; Burning Glass/Labor Insight

LOUISVILLE MSA TOP 30 JOBS, JULY-SEPT. 2014


LOUISVILLE MSA TOP 30 JOBS ABOVE A LIVING WAGE ($36,795) 4th Quarter 2014

Sources: EMSI Analyst; Burning Glass/Labor Insight

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QUESTIONS? [email protected] OR [email protected] 502.574.2500

NAWB presentation

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