Employment in the Greater Boston Labor Market: A Volatile Decade Robert Clifford, Policy Analyst New England Public Policy Center Federal Reserve Bank.

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Employment in the Greater Boston Labor Market: A Volatile Decade Robert Clifford, Policy Analyst New England Public Policy Center Federal Reserve Bank of Boston CONNECT Symposium: From Poverty to Economic Resilience January 19, 2012 *The views expressed in this presentation are mine and not necessarily those of the Federal Reserve Bank of Boston or Federal Reserve System

Sources: U.S. Bureau of Labor Statics State Economic Activity Indexes Employment in Great Boston has declined over the past decade…

Source: U.S. Bureau of Labor Statistics Employment Growth by Supersector Percent Change, 2000–2010

Source: U.S. Census Bureau American Community Survey Note: Individuals classified with low skill are those who have not obtained any post-secondary education and have a high school degree or less. Middle-skill employees are those that have attended some college or received an associates degree. High-skill workers are those employees that have obtained a bachelor's degree or more. Educational Attainment of Employees by Super Sector in Greater Boston

While employment has declined, educational attainment of workers has increased... Source: U.S. Census Bureau 2000 Decennial Census and American Community Survey Note: Individuals classified with low skill are those who have not obtained any post-secondary education and have a high school degree or less. High-skill workers are those employees that have obtained a bachelor's degree or more. Employment Changes by Educational Attainment Groups in Greater Boston Percent Change, 2000 to 2010

Table 3. Occupational Distribution across Super Sectors in Greater Boston, Largest Smallest Occupation Education & health services Professional & business services Trade, transportation, & utilities Financial activities Manu.Leisure &hospitality ConstructionOther Industries TotalDistribution Smallest Largest Management 19.4%20.2%6.9%16.0%12.2%6.6%6.0%12.7% 191, % Office and Administrative Support 22.9%15.1%22.9%14.3%6.3%3.5%2.0%12.8% 186, % Sales & Related 2.0%6.0%58.5%17.6%5.1%4.7%0.4%5.7% 146,7459.8% Business & Financial Operations 8.9%30.5%8.6%32.2%7.1%1.2% 10.1% 109,4837.3% Education, Training, & Library 93.7%1.2%0.4%0.2% 1.1%0.0%3.2% 103,4506.9% Healthcare Practitioners &Technical 89.5%3.3%4.1%0.5%0.6%0.1%0.0%2.0% 98,6626.6% Computer & Mathematical 11.9%48.0%5.3%12.5%11.6%0.4%0.2%10.1% 76,5925.1% Food Preparation and Serving Related 10.6%0.4%3.8%0.3%0.9%82.4%0.0%1.7% 63,7914.3% Construction and Extraction 1.8%2.2%3.5%1.3%2.1%0.5%85.5%3.1% 59,5054.0% Transportation and Material Moving 4.0%5.7%66.2%2.1%6.4%4.8%3.6%7.2% 51,4473.4% Building and Grounds Cleaning & Maintenance 19.7%44.3%4.3%3.7%1.9%10.3%0.7%15.2% 51,2193.4% Production 3.4%5.5%12.1%1.6%61.6%2.5%2.1%11.2% 45,8013.1% Personal Care and Service 36.0%1.8%7.2%0.2%0.1%15.0%0.0%39.8% 44,9113.0% Life, Physical, and Social Science 41.0%36.7%0.8%1.5%14.0%1.1%0.1%4.8% 41,8932.8% Arts, Design, Entertainment, Sports, and Media 11.2%27.8%6.5%2.1%6.2%16.1%0.4%29.7% 39,2202.6% Architecture and Engineering 2.8%42.3%4.9%0.5%37.0%0.7%4.0%7.8% 38,9612.6% Installation, Maintenance, and Repair 5.6%7.3%25.7%6.0%10.7%1.9%8.9%34.0% 33,6602.2% Healthcare Support 88.0%2.1%1.4%0.3%0.0%0.9%0.0%7.3% 26,6261.8% Other 21.7%31.9%1.7%2.8%1.2%2.0%0.1%39.8% 90,6166.0% Industry Totals 26.1%17.0%15.0%9.3%8.1%7.1%5.1%12.3% 1,500,091 Source: American Community Survey

Source: U.S. Census Bureau American Community Survey Note: Individuals classified with low skill are those who have not obtained any post-secondary education and have a high school degree or less. Middle-skill employees are those that have attended some college or received an associates degree. High-skill workers are those employees that have obtained a bachelor's degree or more. Greater Boston Educational Attainment of Employees in Seven Largest Occupations,

Employment opportunities are more abundant for those with post-secondary education... Source: Educational Attainment data are for the pre-recession period are from American Community Survey, with recovery period data from the American Community Survey. Occupational vacancy rates are from the Massachusetts Job Vacancy Survey, with Q representing Pre- recession vacancy rates and Q representing recovery vacancy rates.

Visit for updates on the New England andwww.bos.frb.org U.S. economies – New England Economic Indicators (statistical information on the New England economy updated continually) – New England Economic Snapshot (brief analysis of recent economic indicators – Profile of New England (data and brief analysis on important long- term economic and demographic trends in the New England states) – Beige Book (anecdotal information updated every six weeks or so) – “News and Events” tab (speeches by Boston Fed president) – New England Public Policy Center “Assistance Provided” (economic updates by Boston Fed economists) Sources of Further Information