The good, the bad and the ugly… Tammy Marino Associate Economist NYS Department of Labor Division of Research & Statistics (585) 258-8870

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Presentation transcript:

The good, the bad and the ugly… Tammy Marino Associate Economist NYS Department of Labor Division of Research & Statistics (585) March 18, 2009 Finger Lakes Workforce Investment Board

Private Sector Employment United States January 2008-January 2009 Employment declined 3.7 million (-3.2%) over-the-year.

Private Sector Employment Rochester MSA January 2008-January 2009 Employment down 1,400 (-0.3%) over-the-year.

Unemployment Rates (January of each year) %8.5%8.6% %5.4%6.1% Rochester MSA U.S.FLR

Unemployment Rates Rochester MSA US 4-county FLR July July

Private Sector Employment Rochester MSA (January of Each Year) Employment down 16,500 (-3.7%) since its peak in 2001.

Two Trends Driving Change… Rochester MSA Locally manufacturing comprises: 14% of employment and 22% of wages (Nationally manufacturing accounts for 11% of employment)

Employment by Industry 4-County Finger Lakes Region-2 nd Quarter 2008

Industries that Lost Jobs 4-County Region 2Q 2005 to 2Q 2008 Food & Beverage Stores Machinery Manufacturing Plastics & Rubber Manufacturing Electronics Wholesale Agents/Brokers Food & Beverage Manufacturing Truck Transportation Wood Product Manufacturing Building Equip. & Garden Stores Change Wage $340 $990 $720 $980 $670 $700 $570 $490

Industries that Gained Jobs 4-County Region 2Q 2005 to 2Q 2008 Nursing/Residential Care Fac. Specialty Trade Contractors Clothing & Accessories Stores General Merchandise Stores Food Services & Drinking Places Educational Services Internet Publishing & Broadcasting Computer & Electronic Product Mfg. Change +1, Wage $650 $870 $260 $390 $240 $810 $1,400 $830

Trends in Today’s Economy More Women in the Workforce Baby Boomers are Retiring Aging Out of the Workforce Service Based Economy Global Trade Technology Advances Spas, financial services, lawn services, landscaping Hands on careers-hvac, nursing, spas, education, daycare, pet care

Fastest Growing Occupations Finger Lakes Region Title Percent Change Employment Wages2016 Computer Software Engineers, Applications29.3$81,7003,620 Social & Human Service Assistants24.4$29,3003,520 Home Health Aides23.8$25,3007,480 Personal & Home Care Aides22.5$20,3002,990 Computer Systems Analysts21.0$69,3002,360 Customer Service Representatives15.3$30,5009,100 Bill & Account Collectors14.4$29,3002,220 Combined Food Prep & Serving Workers, Including Fast Food13.6$17,8005,580 Preschool Teachers, Except Special Education13.3$25,9002,050 Accountants & Auditors13.0$66,7006,590

Fastest Growing Occupations continued… Registered Nurses12.5$56,20012,670 Child Care Workers12.4$21,0007,690 Landscaping & Groundskeeping Workers12.1$25,1004,720 Nursing Aides, Orderlies, & Attendants11.6$24,6007,970 Security Guards10.6$26,0003,970 Construction Laborers10.5$36,8003,890 Food Preparation Workers10.3$19,0007,200 Elementary School Teachers, Except Special Education10.0$54,5007,170 Janitors & Cleaners, Except Maids & Housekeeping Cleaners 8.3$23,40011,300 Bookkeeping, Accounting, & Auditing Clerks8.0$32,7009,760

Elementary School Teachers, Ex. Special Ed. 220 Secondary School Teachers, Ex. Special & Vocational Ed. 210 Accountants and Auditors 180 Middle School Teachers, Ex. Special and Vocational Ed. 90 Computer Systems Analysts 90 Occupations Requiring a Bachelor’s Degree, Finger Lakes, Fastest Growing Occupations % Growth Network Systems & Data Communications Analysts 40.0% Physician Assistants 39.6% Personal Financial Advisors 32.7% Computer Software Engineers, Systems Software 31.9% Database Administrators 31.2% Occupations with Most Annual Openings Openings/Year Median Wage $68,560 $72,010 $84,370 $81,330 $71,450 $63,170 $64,440 $60,560 $62,610 $71,530 Source: New York State Department of Labor

Registered Nurses 330 Computer Support Specialists 100 Paralegals and Legal Assistants 30 Radiologic Technologists and Technicians 10 Dental Hygienists/Assistants/Lab Technicians 60 Occupations Requiring an Associate Degree, Finger Lakes, Fastest Growing Occupations % Growth Medical Records and Health Info. Technicians35.6% Physical Therapist Assistants34.6% Dental Hygienists29.9% Veterinary Technologists and Technicians28.1% Cardiovascular Technologists and Technicians27.6% Occupations with Most Annual Openings Openings/Year Median Wage $32,520 $36,640 $59,090 $27,220 $42,650 $60,780 $47,940 $43,250 $50,570 $59,090 Source: New York State Department of Labor

Fastest Growing Occupations* % Growth Fitness Trainers & Aerobics Instructors 30.8% Electricians 29.3% Heating, AC, & Refridge. Mechanics & Installers 26.2% EMTs and Paramedics 24.1% Plumbers, Pipefitters, & Steamfitters 23.5% Occupations with Most Annual Openings Openings/Year Nursing Aides, Orderlies & Technicians 140 Licensed Practical Nurses 130 Police and Sheriff's Patrol Officers 70 Carpenters 130 Electricians 60 Median Wage $33,260 $52,530 $41,830 $34,440 $52,550 $46,670 $35,860 $53,690 $40,640 $52,530 Source: New York State Department of Labor Occupations Requiring Either Postsecondary Training or Long-term OTJ Training, Finger Lakes,

Occupations Requiring Moderate to Short-term OTJ Training, Finger Lakes, Occupations with Most Annual Openings Openings/Year Customer Service Representative340 Child Care Workers290 Janitors and Cleaners290 General Office Clerks250 Teacher Assistants230 Bookkeeping, Accounting, and Auditing Clerks 210 Farmworkers and Laborers200 Laborers and Freight Movers200 Home Health Aides190 Executive Secretaries and Administrative Assistants 180 Median Wage $29,300 $19,000 $21,500 $20,300 $32,000 $19,600 $22,300 $23,100 $20,700 $38,300 Source: New York State Department of Labor

Occupations Requiring Moderate to Short-term OTJ Training, Finger Lakes, Occupations with Most Annual Openings Openings/Year Truck Drivers, Heavy and Tractor Trailer120 Landscaping and Groundskeeping Workers110 Security Guards110 Social and Human Service Assistants100 Correctional Officers and Jailers 80 Construction Laborers 70 Median Wage $35,300 $23,200 $24,000 $25,400 $54,000 $33,700 Source: New York State Department of Labor

When will the economy turn around?

Recession Proof Jobs Education –Teacher, Teacher Assistant, Instructor Health Care –Nurse, Pharmacist, Physician Assistant Energy –Alternative Energy (solar, wind, biofuel…) Environmental –Ecologists, Hydrologists, Environmental Chemists Security –Police Officer, Detective, Security Guard, Homeland Security

Long Term Trends Network Systems and Data Communications Analysts Computer Software Engineers, Applications Home Health Aides Personal and Home Care Aides Medical Assistants Dental Hygienists Dental Assistants Physical Therapist Assistants Substance Abuse and Behavioral Disorder Counselors Computer Systems Analysts Physical Therapist Aides Network and Computer Systems Administrators