Liz Bosley Labor Market Consultant EDD Labor Market Information Division Golden Sierra Labor Market Information Overview for Alpine, El Dorado, and Placer.

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Presentation transcript:

Liz Bosley Labor Market Consultant EDD Labor Market Information Division Golden Sierra Labor Market Information Overview for Alpine, El Dorado, and Placer Counties

Today’s Agenda:  Benefits of Labor Market Information  Demographics  Labor Force  Industries  Industry and Occupational Projections

Benefits of Labor Market Information (LMI)  LMI provides critical information to find a job or change careers  LMI is an essential tool for job seekers, employers, educators, and economic and workforce developers  LMI is neutral, objective, and credible  LMI helps to answer questions without estimating or guessing  LMI improves efficiency  LMI helps make informed decisions

Demographics

Golden Sierra Region Population Projections, by Age, Source: CA Department of Finance, P1 State and County Population Projections by Major Age Group Year Total (All ages) Preschool Age (0-4 years) School Age (5-17 years) College Age (18-24 years) Working Age (25-64 years) Young Retirees (65-74 years) Mature Retirees (75-84 years) Seniors (85 or more years) ,03030,18696,24740,660284,63045,14025,57610, ,34928,33887,86254,551294,06070,79837,73115, ,46233,97089,50551,722310,66184,72057,97521, ,27735,301106,04554,535339,09480,62170,14533, ,08037,850109,24065,126370,12782,88067,70142, ,14743,321115,13865,028397,76492,14169,64643,109

Golden Sierra Region Commuters Source: US Census, On the Map 2013 Employed in the Golden Sierra Region197,014 Employed in the Golden Sierra Region but Living Outside 94,964 Employed and Living in the Golden Sierra Region 102,050 Living in the Golden Sierra Region233,680 Living in the Golden Sierra Region but Employed Outside 131,630 Living and Employed in the Golden Sierra Region 102,050

Labor Force

Civilian Labor Force Data  Counts people by place of residence, not by place of work  The sum of employed and unemployed, age 16 years or older  Who are not members of the Armed Services and  Not in institutions such as prisons, mental hospitals, or nursing homes

Who in the Labor Force Are Employed?  Employed includes all individuals who have worked at least one hour for a wage or salary, were self- employed, or were working at least 15 unpaid hours in a family business or family farm during the week including the 12 th of the month.  Being on vacation, or other kinds of leave, or involved in a labor dispute also counts as employed.

Who in the Labor Force Are Unemployed?  Unemployed includes individuals who were not working but were able, available, and actively seeking work during the week including the 12 th of the month.  Also, those waiting to be recalled from a layoff or waiting to report to a new job within 30 days are included.

Unemployment Rate  Labor Force = Number Employed + Number Unemployed  Unemployment Rate = Number Unemployed / Labor Force

Industry

Industry Employment Data  Counts people by place of work, not by where they live.  Counts the number of jobs by industry and by geography.  The North American Industry Classification System (NAICS) is used to categorize industries.

Regional Economic Analysis Profile – Sacramento Region

Industry and Occupational Projections

Sacramento MSA Industry Employment Projections Source: EDD LMID Projections Industry Title Estimated Employment 2012** Projected Employment 2022 Total Employment914,2001,082,900 Self Employment (A)60,80068,800 Unpaid Family Workers (B)700 Private Household Workers (C)2,3002,600 Total Farm8,6009,500 Mining and Logging Construction38,40059,200 Manufacturing33,90036,800 Trade, Transportation, and Utilities138,800166,200 Information15,60014,500 Financial Activities48,10054,700 Professional and Business Services110,800141,200 Educational Services (Private), Health Care, and Social Assistance121,300158,900 Leisure and Hospitality84,500101,500 Other Services (excludes 814-Private Household Workers)28,50032,600 Government221,500235,200

Sacramento MSA Occupations with the Most Job Openings Source: EDD LMID Projections Occupational Title Total Job Openings Wages Median HourlyMedian Annual Personal Care Aides15,560$10.57$21,997 Retail Salespersons14,480$11.19$23,271 Cashiers11,460$10.21$21,235 Combined Food Preparation and Serving Workers, Including Fast Food 10,910$9.20$19,135 Waiters and Waitresses8,370$9.01$18,732 Office Clerks, General8,280$16.13$33,547 Laborers and Freight, Stock, and Material Movers, Hand8,020$12.09$25,152 Registered Nurses6,350$52.79$109,801 General and Operations Managers5,540$45.21$94,034 First-Line Supervisors of Office and Administrative Support Workers 4,880$29.33$61,018

Sacramento MSA Fastest Growing Occupations Source: EDD LMID Projections Occupational Title Annual Average Employment Employment ChangeWages Percent Median Hourly Median Annual Tile and Marble Setters 9801, %$21.04$43,756 Tapers 6801, %$23.95$49,807 Painters, Construction and Maintenance 2,3003, %$17.44$36,258 Drywall and Ceiling Tile Installers 9701, %$22.84$47,500 Personal Care Aides 22,68036, %$10.57$21,997 Cement Masons and Concrete Finishers 1,0701, %$19.77$41,135 Interpreters and Translators %$22.55$46,903 Information Security Analysts %$60.36$125,534 Plumbers, Pipefitters, and Steamfitters 1,7802, %$25.89$53,845 Cost Estimators 1,7302, %$31.30$65,118

Liz Bosley, Labor Market Consultant (530) For more information or assistance, please feel free to contact me.