Florida Manufacturing Bureau of Labor Market Statistics September 2015 Labor Statistics Data Release Date: October 16, 2015.

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Presentation transcript:

Florida Manufacturing Bureau of Labor Market Statistics September 2015 Labor Statistics Data Release Date: October 16, 2015

1 In September 2015, manufacturing had 336,300 jobs in Florida, an increase of 3,500 jobs over the year. Manufacturing has gained jobs over the year for 57 consecutive months, after losing jobs over the year for more than four years. In the employment series which started back in 1990, the peak level of manufacturing employment was 520,300 in January Since that time there has been a loss of 184,000 jobs. In January 1990, manufacturing was 9.7 percent of total nonagricultural employment and has since dropped to the current level of 4.1 percent in September Florida Manufacturing Employment September 2015, Seasonally Adjusted Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released October 16, Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

2 Florida Manufacturing Employment January 1990 to September 2015, Seasonally Adjusted Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released October 16, Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

3 Total Nonagricultural Employment Share by Industry September 2015, Seasonally Adjusted Note: Employment share percentages may not add to 100 due to rounding. Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released October 16, Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

4 Florida Employment by Industry September 2015, Seasonally Adjusted Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released October 16, Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

5 Employment in the manufacturing industry is concentrated in the southeast, central, and northeast parts of the state. Miami-Dade and Pinellas counties contributed over 30,000 jobs each, while Orange, Broward, Hillsborough, and Duval counties contributed over 20,000 jobs each. – Together, these six counties accounted for 51.3 percent of Florida manufacturing jobs Florida Manufacturing Employment by County Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Quarterly Census of Employment and Wages Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, released June 2015.

Wages by Industry Florida, Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Quarterly Census of Employment and Wages Program. Released June 2015.

7 Manufacturing had 19,708 establishments in the first quarter of The 2014 annual average unemployment rate in manufacturing was 4.5 percent, compared to 5.6 percent for all industries. 2 Florida Manufacturing Establishments and Unemployment Rates Note: The unemployment rate is for the experienced civilian labor force only. This excludes persons with no previous work experience. Sources: 1 Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Quarterly Census of Employment and Wages Program. The most recent data available are for 2015 Q1. 2 U.S. Department of Labor, Bureau of Labor Statistics, Current Population Survey (CPS). The most recent data available are for 2014.

8 Occupations with the most employment in the manufacturing industry were: team assemblers; first-line supervisors of production and operating workers; electrical and electronic equipment assemblers; and packaging and filling machine operators and tenders. – Together, these four occupations accounted for 19.7 percent of employment in this industry. Higher wages were found in occupations with greater training requirements. Eight of the fifteen largest manufacturing occupations require additional certification beyond a high school diploma. Physicists ($84.22/hr), computer and information systems managers ($64.97/hr), engineering managers ($58.32/hr), and purchasing managers ($54.72/hr) are among the highest paid occupations in manufacturing. Occupations in Manufacturing Florida 2014 Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

9 Top Manufacturing Occupations Florida 2014 Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics. *Table reflects only occupations with publishable data according to U.S. Bureau of Labor Statistics confidentiality rules.