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The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Employment Projections: Department of.

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Presentation on theme: "The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Employment Projections: Department of."— Presentation transcript:

1 The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Employment Projections: Department of Health and Human Services, Caseload Evaluation Organization May 2014 Department of Employment, Training & Rehabilitation Susanna Powers, Economist

2 The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Educational Attainment Source: U.S. Census Bureau, 2008-2012 American Community Survey 5-Year Estimate

3 The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Unemployment Rate by Educational Attainment, 2013 Source: Nevada CPS, 2013

4 The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Unemployment Rate by Age  The youngest workers, age 16-24, experience the highest unemployment rate of any age group in the State, coming in at 17 percent for the 12 month average ending in April.  The lowest unemployment rate for any age group goes to the 25-34 year olds. The 12 month average ending in April for this group was 6.5 percent.

5 The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Jobs Held by Workers with a High School Diploma or Less than High School: Top Industries  Majority of workers whose educational attainment is a high school diploma or less work in industries associated with low wages.  Typical occupations requiring a high school diploma or less than high school are entry-level. Source: U.S. Census Bureau, Local Employment Dynamics, Annual Average 2012

6 The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Accommodation and Food Services  The forecast estimates 6,000 additional jobs in 2013. We expect similar gains both in 2014 and 2015.

7 The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Retail Trade  We are forecasting to add 3,000 jobs in 2013 and then 3,800 and 4,400 jobs in 2014 and 2015, respectively.

8 The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Total Jobs  Expectations are that total covered employment will expand 2.4 percent, or 26,800 jobs, in 2013.  Job gains are predicted to be 29,000 and 32,000 in 2014 and 2015, respectively.

9 The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Occupational Outlook for Jobs Requiring a High School Diploma or Less

10 The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency For Additional Information, Please Contact: Nevada Department of Employment, Training and Rehabilitation Research and Analysis Bureau Susanna Powers Economist s-powers@nvdetr.org (775) 684-0450 http://www.nevadaworkforce.com follow us on Twitter @nvlabormarket


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