Presentation is loading. Please wait.

Presentation is loading. Please wait.

Sacramento Valley Labor Market Information Overview

Similar presentations


Presentation on theme: "Sacramento Valley Labor Market Information Overview"— Presentation transcript:

1 Sacramento Valley Labor Market Information Overview
Cara Welch, Labor Market Consultant September 28, 2017 Sac MSA Counties: El Dorado, Placer, Sacramento, and Yolo Counties.

2 Benefits of Labor Market Information (LMI)
LMI provides critical information you will need to find a job or change your career LMI is an essential tool for both job seekers and the employers LMI is neutral, objective, and credible LMI helps to answer questions without guessing LMI improves efficiency LMI helps you to make informed decisions State and local labor market information is used extensively in both the public and private sectors for: Understanding the skill and training requirements required in a region Examining current and projected future skill/training needs in a region Potential target industries Economic development and human resource planning Monitoring labor force, industry, and economic trends Planning and development of training programs Career exploration Use as a tool for resumes and cover letters Research career options Research- ie. measure employment and unemployment rates

3 www.labormarketinfo.edd.ca.gov Self Assessments Employment Projections
Occupational Guides Find Employers Wages When going through a career change or even if you know the perfect career for you, there are tools on our website to assist you. You can find self-assessments to help you find your next career. Though our website, you can link to the California Career Zone which has quick assessments, an interest profiler, skills profiler, and make money choices where you choose your lifestyle or salary to get occupations to support your lifestyle. Projections data include the fastest growing occupations, can be considered your hot jobs list. Contains occupations that will be growing the fastest over the next 10 years. We will look at these as well as the the occupations with the most job openings. This list provides the largest job openings from new and replacement workers. Occupational guides are comprehensive reports that contain data for an occupation. The reports include working conditions, what to expect to do on the job, skills/education needed, wages (based on the chosen area and California), if a job is expected to have growth, and even link to possible employers that may be hiring. Find employers will provide a list of employers in your area with contact information. You will also find occupational wages at a local and state level.

4 LMInfo Website www.labormarketinfo.edd.ca.gov
Labor market information is readily available on our website. This is our homepage also known as LMInfo. One can access it directly through the web address shown at or through the Employment Development Department’s homepage At first glance, our homepage can seem overwhelming. Everything that is in blue font is an active link to data. The top section of the page shows you an overview of California’s current economic status. Below that, the data are categorized mainly into three different groups: LMI by Customer; LMI by Subject; and LMI by Geography [CLICK]. I want to emphasize that there is more than one way to access the same data, using different portals. We will focus on the Job Seekers and Students section (CLICK) WIOA: Intro to LMI-December 2016

5 provides data and links to help jobs seekers
Unsure what career is right for you?? Use this link to take career self assessment tests Fastest growing occupations (hot jobs list) -which are the occupations that are projected to grow the fastest over the next 10 years -occupations with the most job openings -provides the largest job openings from new and replacement workers Occupational guides Comprehensive guides that provide detailed information on approx. . California and local area wages, job outlook, education, and licensing req Job search tool -Tools to assist job seekers such as CalJOBS-State of CA job search service -find local employers Wages- at a local and state level- can be used for salary negotiations If you have any question on these resources, please see me during the event. Now, let’s take a look at the industries in the Sacramento region. WIOA: Intro to LMI-December 2016

6 Sacramento Metropolitan Statistical Area (MSA)
Industry Employment 2016 Source: Employment Development Department, Labor Market Information Division, Current Employment Statistics 2016 Annual Averages Total Annual Average Employment: 958,700 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 is used to categorize industries. Pie graph demonstrates 2016 annual data/percentages, with Government separated. The Sacramento MSA (El Dorado, Placer, Sacramento, and Yolo Counties) total average employment in 2016 was 958,700 jobs. Total Government was the largest industry, with 235,200 jobs, consisting of 25 percent of total employment. State government made up the largest percentage of government with 116,600 jobs. Trade, transportation, and utilities was the second largest industry, with 151,900 jobs, consisting of 16 percent of the Sacramento region’s total employment. Educational and health services employed 145,900, or 15 percent of total employment. Local Government- public school teachers and staff TTU- retail stores, wholesale trade, delivery service, warehousing, trucking, bus and taxi (passenger transportation) Financial activities- banks, lenders, real estate, property management, securities brokerage, insurance Professional and business services- information technology, travel agencies, business support, temp agencies, landscaping and janitorial services Ed & health services-private education, main driver is health for this industry Leisure and hospitality- restaurants, bars, hotels, resorts, arcades, family fun centers Other services- auto repair, computer repair, dry cleaners, hair salons, pet groomers, churches Next we’ll look at industry growth from

7 Sacramento MSA Employment Change by Industry Annual Averages Source: Employment Development Department, Labor Market Information Division, Current Employment Statistics This chart shows the job growth in the 12 major industries from in the Sacramento region. Total wage and salary employment grew by 31,500 jobs form (from 927,200 to 958,700) The industry that showed the largest number of job gains was professional and business services, which added 8,400 jobs and grew by almost 7%. Educational and health services showed the 2nd largest number of job gains during the time period, adding 5,800 jobs. Trade, transportation, and utilities added 4,700 jobs from , 2,600 of those jobs were in retail trade. Largest percent growth was seen in Construction, which grew by 8.57 percent during the year, adding 4,300 jobs. We think about what was going on in 2016, the golden one center opened in Oct 2016 so that may have been a contributing factor

8 Sacramento MSA Long-Term Industry Projections 2014-2024
(Includes El Dorado, Placer, Sacramento, and Yolo Counties) Source: Employment Development Department, Labor Market Information Division Industry Title Annual Average Employment Employment Change 2014 2024 Numerical Percent Total Employment 961,400 1,131,400 170,000 17.7% Self Employment 61,300 73,600 12,300 20.1% Private Household Workers 1,100 1,300 200 18.2% Total Farm 9,200 10,300 12.0% Total Nonfarm 889,800 1,046,200 156,400 17.6% Mining and Logging 500 0.0% Construction 45,400 65,000 19,600 43.2% Manufacturing 35,400 36,700 3.7% Trade, Transportation, and Utilities 143,400 164,900 21,500 15.0% Wholesale Trade 24,500 28,200 3,700 15.1% Retail Trade 95,300 107,900 12,600 13.2% Transportation, Warehousing, and Utilities 23,600 28,800 5,200 22.0% Information 13,900 15,300 1,400 10.1% Financial Activities 48,900 53,600 4,700 9.6% Professional and Business Services 118,200 141,900 23,700 Educational Services (Private), Heath Care, and Social Assistance 134,300 169,800 35,500 26.4% Leisure and Hospitality 91,800 116,100 24,300 26.5% Other Services (excludes 814-Private Household Workers) 30,200 33,600 3,400 11.3% Government 227,800 248,800 21,000 9.2% Federal Government 13,600 -1,000 -7.4% State Government 113,400 124,900 11,500 Local Government 100,800 111,300 10,500 10.4% The Sacramento Metropolitan Statistical Area Projections include: El Dorado, Placer, Sacramento, and Yolo. The construction industry (19,600 jobs) is projected to record the largest percent change in between , followed by leisure and hospitality (24,300 jobs), educational services (private), healthcare and social assistance (35,500 jobs) Educational and health services is projected to have the largest numeric change by adding 35,500 jobs during the 10 year period

9 Sacramento MSA Fastest Growing Occupations 2014-2024
(Includes El Dorado, Placer, Sacramento, and Yolo Counties) Source: Employment Development Department, Labor Market Information Division SOC Code Occupational Title Annual Average Employment Employment Change Wages 2014 2024 Percent Median Hourly Median Annual Helpers- Brickmasons, Blockmasons, Stonemasons, and Tile and Marble Setters 410 680 65.9% $17.47 $36,336 Brickmasons and Blockmasons 480 780 62.5% $32.49 $67,600 Roofers 1,160 1,840 58.6% $24.25 $50,433 Painters, Construction and Maintenance 2,950 4,470 51.5% $18.50 $38,470 Electricians 3,130 4,690 49.8% $32.87 $68,363 Tile and Marble Setters 1,080 1,610 49.1% $24.92 $51,826 Interpreters and Translators 1,060 1,580 $25.53 $53,109 Drywall and Ceiling Tile Installers 1,760 2,620 48.9% $23.35 $48,563 Heating, Air Conditioning, and Refrigeration Mechanics and Installers 1,750 2,590 48.0% $23.45 $48,787 Web Developers 1,140 46.2% $36.33 $75,570 These are the top 10 fastest growing occupations, the entire list is available online.

10 Sacramento MSA Occupations With The Most Job Openings 2014-2024
(Includes El Dorado, Placer, Sacramento, and Yolo Counties) Source: Employment Development Department, Labor Market Information Division SOC Code Occupational Title Total Job Openings Wages Median Hourly Median Annual Personal Care Aides 14,200 $10.67 $22,179 Combined Food Preparation and Serving Workers, Including Fast Food 13,260 $9.59 $19,936 Retail Salespersons 12,720 $11.29 $23,492 Cashiers 11,620 $9.84 $20,450 Waiters and Waitresses 10,840 $11.50 $23,933 Registered Nurses 7,830 $56.91 $118,381 Office Clerks, General 7,780 $17.27 $35,940 Laborers and Freight, Stock, and Material Movers, Hand 7,670 $12.68 $26,385 General and Operations Managers 6,540 $46.29 $96,277 Stock Clerks and Order Fillers 6,050 $11.81 $24,550 These are projected to be the top ten occupations with the most job openings

11 Thank you for your time. For more information or assistance, feel free to contact me. Cara Welch (916) The EDD, an equal opportunity employer/program, is a partner in this event. Auxiliary aids and services are available upon request to individuals with disabilities. This concludes today’s brief overview of the most useful tools available on our website and a bit about the Sacramento labor market. I hope you have discovered some great resources that will assist your customers. I encourage everyone to explore our website and contact me if you have any questions. I will also be available during the event.


Download ppt "Sacramento Valley Labor Market Information Overview"

Similar presentations


Ads by Google