South Central Labor Market Trends - Workforce Council Central Industry Sector Employment. ......

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South Central Labor Market Trends

Transcript of South Central Labor Market Trends - Workforce Council Central Industry Sector Employment. ......

South Central Labor Market Trends

UnemploymentRegion Dec. 2014 Rate Dec. 2013 Rate

United States 5.4% 6.5%

Minnesota 3.7% 4.7%

South Central 3.6% 4.4%

Mankato-N. Mankato MSA

2.6% 3.5%

Annual Unemployment Rates

Annual Employment

Change in Number of Jobs

Annual 2nd Quarter Employment Change

Employment Changes by CountyCounty Unemployment

Dec. 2014 Labor Force

Dec. 2014 Employment

Dec. 2014 Employment Change

Dec. 2013-2014 Employment Change

Q2, 2008-2014 Blue Earth 2.7% 40,169 39,084 +1,573 +3,264 Brown 3.8% 15,555 14,962 +154 +980 Faribault 4.5% 7,342 7,010 +131 -86 Le Sueur 5.6% 15,321 14,459 +566 +1,401 Martin 4.0% 10,631 10,201 +24 -596 Nicollet 2.5% 20,294 19,785 +797 +781 Sibley 4.0% 9,568 9,186 +38 +1,142 Waseca 4.3% 9,570 9,158 -1 -654 Watonwan 4.7% 5,681 5,414 +76 +254 SC Region 3.6% 134,131 129,259 +3,358 +6,486 Mankato-N. Mankato MSA

2.6% 60,463 58,869 +2,370 +4,045

Minnesota 3.7% 2,985,228 2,876,012 +58,604 +130,518 Source: DEED’s Local Area Unemployment Statistics (LAUS) and Quarterly Census of Employment and Wages

 

South Central Industry Sector Employment

IndustriesIndustry Q2 2014

Employment 2014 % Total Employment

% Change Q2 2013 -

2014

2014 Payroll Total

2014 Avg. Weekly Wage

Total, All Industries 102,978 $939,921,902 $702

Agriculture, Forestry, Fishing and Hunting 2,960 2.9% 0.2 $29,814,218 $774

Mining 256 0.2% 0 $4,687,274 $1,408

Construction 4,582 4.4% 0.3 $48,343,694 $811

Manufacturing 18,442 17.9% -0.3 $208,718,447 $870

Utilities 500 0.5% 0 $9,700,066 $1,492

Wholesale Trade 3,860 3.7% -0.2 $46,182,659 $920

Retail Trade 12,224 11.9% 0.1 $64,077,985 $403

Transportation and Warehousing 3,435 3.3% 0 $29,301,677 $656

Information 2,239 2.2% 0.1 $23,772,280 $816

Finance and Insurance 2,932 2.8% -0.1 $35,204,644 $923

Real Estate and Rental and Leasing 803 0.8% 0 $4,619,288 $442

Professional, Scientific, and Technical Services 2,427 2.4% 0.1 $27,020,639 $856

Management of Companies and Enterprises 1,043 1.0% 0 $21,656,218 $1,597

Administrative and Support and Waste Management and Remediation Services

2,633 2.6% -0.2 $15,551,961 $454

Educational Services 9,874 10.0% 0 $103,832,834 $808

Health Care and Social Assistance 17,551 17.0% -0.1 $170,862,144 $748

Arts, Entertainment, and Recreation 1,053 1.0% 0 $2,983,127 $217

Accommodation and Food Services 7,778 7.6% 0.1 $21,754,884 $215

Other Services (except Public Administration) 2,984 2.9% -0.1 $18,139,641 $467

Public Administration 5,398 5.2% -0.1 $53,698,222 $765

 

Employment Change by Industry Q2 2009 –2014

Median Hourly Wages – Mankato MSA

VacanciesOccupational Category Vacancies Vacancy

RatePart-Time Temporary

or SeasonalTotal, All Occupations 3,687 3.6% 45% 16%Transportation and Material Moving Occupations 620 7.9% 37% 3%Food Preparation and Serving Related Occupations 544 9.9% 90% 28%Production Occupations 469 2.8% 9% 14%Healthcare Practitioners and Technical Occupations 345 6.5% 35% 3%Office and Administrative Support Occupations 280 1.8% 0% 22%Installation, Maintenance, and Repair Occupations 208 5.4% 8% 8%Sales and Related Occupations 179 1.7% 68% 6%Healthcare Support Occupations 142 3.7% 73% 3%Personal Care and Service Occupations 127 4.6% 53% 5%Building and Grounds Cleaning and Maintenance Occu 121 3.5% 97% 86%Construction and Extraction Occupations 114 4.1% 29% 40%Education, Training, and Library Occupations 104 1.2% 39% 24%Arts, Design, Entertainment, Sports, and Media Occ 70 5.8% n/a n/aBusiness and Financial Operations Occupations 68 1.9% 3% 2%Architecture and Engineering Occupations 67 4.6% 0% 14%Community and Social Service Occupations 56 2.0% 24% 0%Farming, Fishing, and Forestry Occupations 45 19.6% 41% 3%Management Occupations 42 0.9% 3% 0%Protective Service Occupations 31 2.1% 93% 26%Life, Physical, and Social Science Occupations 29 4.0% 9% 9%Computer and Mathematical Occupations 27 2.4% 5% 9%

Unemployment Rate and Vacancy Trends

Most Replacement JobsOccupational Category Replacement Jobs Sales and Related 5,920 Office and Administrative Support 5,690 Food Preparation and Serving Related 5,550 Production 4,710 Management 3.920 Transportation and Material Moving 3,070 Education, Training and Library 2,490 Installation, Maintenance and Repair 2,040 Healthcare Practitioners and Technical 1,950 Personal Care and Service 1,840 Healthcare Support 1,560 Building and Grounds Maintenance 1,450 Construction and Extraction 1,350 Business and Financial Operations 1,220 Community and Social Service 1,100 Farming, Fishing and Forestry 1,090 Protective Service 890 Arts, Design, Entertainment, Sports and Media 700 Architecture and Engineering 530 Life, Physical and Social Science 490 Computer and Mathematical 280 Legal 140  

Most New JobsOccupational Category Total Jobs Sales and Related 6,370 Office and Administrative Support 6,170 Food Preparation and Serving Related 6,030 Production 5,660 Management 4,230 Personal Care and Service 3,740 Transportation and Material Moving 3,620 Healthcare Practitioners and Technical 2,810 Installation, Maintenance and Repair 2,580 Education, Training and Library 2,530 Healthcare Support 2,380 Construction and Extraction 2,070 Building and Grounds Cleaning and Maintenance 1,780 Business and Financial Operations 1,490 Community and Social Service 1,400 Farming, Fishing and Forestry 1,150 Protective Service 900 Arts, Design, Entertainment, Sports and Media 730 Life, Physical and Social Science 590 Architecture and Engineering 580 Computer and Mathematical 340 Legal 190  

Total Openings

Projections

Labor Force Participation by AgeMartin Blue Earth Brown Faribault Le Sueur Nicollet Sibley Waseca Watonwan EDR 9

Estimate Estimate Estimate Estimate Estimate Estimate Estimate Estimate Estimate Estimate26,668 10,123 5,798 10,886 12,992 5,914 7,012 4,3142,508 744 388 635 1,031 417 471 248

49.6 53.8 44.8 60.8 56.9 49.9 56.1 59.7 53.32,606 333 129 198 920 157 127 77

65.4 90.0 85.3 81.3 64.8 63.7 85.0 89.6 77.02,855 549 262 508 653 206 335 246

82.6 87.2 93.5 80.1 84.4 93.2 82.4 93.5 86.32,885 689 358 818 1,284 399 539 314

94.4 97.0 91.6 97.2 92.1 92.5 86.1 96.2 93.02,121 680 390 838 1,056 432 705 422

92.9 100.0 94.6 99.5 88.8 93.1 93.9 97.4 94.43,326 1,361 744 1,824 1,967 1,026 1,011 575

95.7 91.8 91.8 95.4 93.5 97.7 96.4 97.2 93.53,631 1,909 1,085 2,258 2,273 1,169 1,329 704

91.0 98.5 91.3 93.1 93.3 94.5 92.6 94.3 92.21,981 861 626 997 1,150 648 580 517

90.1 90.4 85.3 92.1 92.4 77.9 89.1 87.8 87.0644 354 207 378 403 180 311 120

81.8 83.9 79.2 75.1 89.3 71.1 80.1 77.5 77.9813 535 279 502 429 189 358 163

65.7 45.8 64.9 52.0 73.7 73.0 54.2 62.0 59.71,123 492 361 638 441 340 415 271

34.9 37.4 45.4 41.1 38.3 40.6 53.5 55.0 42.5711 552 328 522 616 251 250 195

21.7 23.9 33.2 23.2 18.3 29.5 30.4 36.9 26.21,464 1,064 641 770 769 500 581 462

7.6 7.8 10.6 7.8 8.1 14.4 5.3 7.1 8.626,575 10,510 5,922 10,641 13,271 5,846 8,154 4,3572,772 687 344 684 1,320 331 443 262

66.7 65.6 59.3 54.5 66.7 68.0 60.7 58.0 60.22,548 257 69 204 782 49 124 133

87.6 72.8 72.4 92.2 67.4 55.1 71.0 80.0 73.82,472 525 212 431 795 310 348 89

86.5 89.1 80.2 84.9 85.5 94.5 67.5 93.3 84.72,331 674 332 767 1,070 375 685 345

90.0 90.1 83.1 88.0 95.8 85.9 62.9 88.4 84.41,878 637 372 776 1,140 441 792 308

83.6 81.2 78.0 88.9 92.9 85.3 63.1 65.3 79.33,190 1,284 676 1,699 1,733 879 1,425 586

86.1 86.2 82.5 86.9 86.7 90.2 72.3 94.2 84.03,658 1,959 1,066 2,109 2,134 1,160 1,418 810

86.6 87.2 79.6 88.6 86.6 88.4 75.5 88.8 84.51,694 867 584 878 1,216 489 742 361

86.1 84.8 74.7 87.2 91.9 86.7 81.0 88.6 83.0762 294 201 326 312 184 298 128

62.5 86.7 58.2 74.8 86.5 75.0 54.7 68.0 69.1871 501 231 547 435 207 266 180

49.7 57.9 58.0 47.3 71.5 58.7 50.4 68.3 56.51,112 586 400 650 683 301 379 262

34.8 32.3 47.5 17.8 41.6 24.9 31.4 45.0 33.4828 568 399 484 493 329 337 222

12.4 12.7 25.6 17.6 20.5 20.4 26.1 10.4 17.82,459 1,671 1,036 1,086 1,158 791 897 671

2.8 4.1 3.2 3.5 6.4 5.4 3.6 3.1 3.9

3,16761,578

3,480

2,286

Labor Force Participation Rate 3.0

Labor Force Participation Rate 14.1 75 years and over: 11,661

Labor Force Participation Rate 25.1 70 to 74 years: 4,968

Labor Force Participation Rate 46.7 65 to 69 years: 5,743

62 to 64 years:Labor Force Participation Rate 55.2

Labor Force Participation Rate 60 and 61 years:

66.2

Labor Force Participation Rate 79.3 55 to 59 years: 5,552

45 to 54 years:Labor Force Participation Rate 71.2

11,035

Labor Force Participation Rate 35 to 44 years: 7,209

Labor Force Participation Rate 75.3 30 to 34 years: 2,916

75.4

25 to 29 years:Labor Force Participation Rate 81.2

2,798

Labor Force Participation Rate 22 to 24 years: 1,889

Labor Force Participation Rate 42.6 20 and 21 years: 1,321

65.4

16 to 19 years:

Labor Force Participation Rate 8.3 Female: 63,793

2,935

Labor Force Participation Rate 18.4 75 years and over: 9,396

Labor Force Participation Rate 35.9 70 to 74 years: 4,191

Labor Force Participation Rate 45.7 65 to 69 years: 5,275

62 to 64 years:Labor Force Participation Rate 63.3

2,817

Labor Force Participation Rate 60 and 61 years: 2,079

Labor Force Participation Rate 81.5 55 to 59 years: 5,442

77.6

45 to 54 years:Labor Force Participation Rate 81.9

10,778

Labor Force Participation Rate 35 to 44 years: 7,728

Labor Force Participation Rate 90.1 30 to 34 years: 3,481

89.5

25 to 29 years:Labor Force Participation Rate 80.0

3,588

Labor Force Participation Rate 22 to 24 years: 2,282

Labor Force Participation Rate 53.32 20 and 21 years: 1,354

68.1

16 to 19 years: Male:

Labor Force Participation By Age

Educational Attainment by County

Minority Population

Percent Minority in Labor Force

Poverty

Selection Area Labor Market Size (All Jobs) Count Share Employed in Selection Area 102,837 100.0% Living in Selection Area 107,851 104.9% Net Job Inflow (+) or Outflow (-) -5,014 -

In-Area Labor Force Efficiency (All Jobs) Living in Selection Area 107,851 100.0% Living and Employed in Selection Area 76,805 71.0% Living in Selection area and Employed Outside 31,246 29.0%

In-Area Labor Force Efficiency (All Jobs) Employed in Selection Area 102,837 100.0% Employed and Living in Selection Area 76,605 74.5% Employed in Selection Area and Living Outside 26,232 25.5%  

Selection Area Labor Market Size (All Jobs) Count Share Employed in Selection Area 102,837 100.0% Living in Selection Area 107,851 104.9% Net Job Inflow (+) or Outflow (-) -5,014 -

In-Area Labor Force Efficiency (All Jobs) Living in Selection Area 107,851 100.0% Living and Employed in Selection Area 76,805 71.0% Living in Selection area and Employed Outside 31,246 29.0%

In-Area Labor Force Efficiency (All Jobs) Employed in Selection Area 102,837 100.0% Employed and Living in Selection Area 76,605 74.5% Employed in Selection Area and Living Outside 26,232 25.5%