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Page 1
Employment Trends:What is happening in
Greater New Bedford WIA?
Navjeet SinghVice President, Research and Evaluation
617-727-8158Nsingh@commcorp.org
Jonathan LatnerResearch and Evaluation Analyst
617-727-8158jlatner@commcorp.org
Page 2
Employment Trends: What is happening in Greater New Bedford WIA?
Massachusetts Employment Trends
Greater New Bedford Job and Employment Trends
Job Vacancies
Workforce Development Implications
Page 3
Massachusetts Employment Trends
Source: Department of Labor and Workforce DevelopmentCES Data, Seasonally Adjusted Data*Massachusetts Budget and Policy Center, State of Working Massachusetts, 9/3/06
January, 2001 – January, 2007Employment is recovering from recession, but has not equaled its Peak: Feb, 2001MA is 1 of 6 states that has not reached pre-recessionary employment numbers*
February, 2001
3,372,900
J anuary, 2007
3,224,700
December, 2003
3,167,100
3,000,000
3,100,000
3,200,000
3,300,000
3,400,000
2001 2002 2003 2004 2005 2006
Page 4
Do We Have Enough Workers Now? Many people are seeking work
From 2001 to 2005, in Massachusetts:
132,000 fewer employed
Population is increasing slightly
27,000 more “unemployed”
32,000 more working part-time
11,200 more marginally attached >> left the labor force shortly before
Note: Based on 12 month averages from Current Population Survey (CPS)Source: BLS (CPS) & Census (Non-employer)Source: Census American Community Survey (ACS)
Page 5
- 6
4 4
6
7
2
7
- 3
3
1 7
4 8
M a n u fa c t u r i n g
P r o fe s s i o n a l & B u s i n e s s S e r v i c e s
In fo r m a t i o n
T r a d e , T r a n s p o r t a t i o n & U t i l i t i e s
G o ve r n m e n t
F i n a n c i a l A c t i v i t i e s
C o n s t r u c t i o n
O t h e r S e r v i c e s
L e i s u r e a n d H o s p i t a l i t y
E d u c a t i o n & H e a l t h S e r v i c e s
Growth projected, 2005-2010 (‘000)
Massachusetts employment growth
Source: CommCorp Analysis of New England Economic Partnership Data
= Net New Jobs in Future
6
1 3
2
1 5
1
5
2
2
1 3
2 6
Includes Replacement Jobs and New Jobs = Current Hiring Needs
Job Vacancies, Q2, 2006 (‘000)
Page 6
Greater New Bedford WIA, Southeastern Mass. RCC & New Bedford NECTA
Page 7
A closer look at the Employed and Unemployed: New Bedford WIA
Compared to the employment peak in 2001, in 2005 in New Bedford WIA:
Population is flatLabor force increased by 2,400The number unemployed increased by 1500
Employment was higher by 3000
Note: Based on 12 month averages from LAUS (DWD) & CES (BLS) data as well as Census Population Estimates (DWD)
Page 8
Greater New Bedford WIA: Employment by Industry
Source: Massachusetts Department of Workforce DevelopmentES-202, 2005 Annualized
Employment (2005)
37348
8368961,2141,2601,509
1,6151,9452,2552,437
3,212
3,6203,624
4,2857,078
8,183
10,80512,194
12,942
MiningUtilities
Real EstateManagement of Co.
Information
ArtsFinance
AFFProf. and Tech. ServicesTransp. & Warehousing
AdministrationWholesale Trade
Other ServicesPublic Administration
Construction
Hotels & Food ServicesEducationalRetail Trade
ManufacturingHealth Care
Page 9
37348
8368961,2141,2601,5091,6151,9452,2552,437
3,2123,6203,624
4,2857,078
8,18310,805
12,19412,942
MiningUtilities
Real EstateManagement of Co.
InformationArts
FinanceAFF
Prof. and Tech. ServicesTransp. & Warehousing
AdministrationWholesale Trade
Other ServicesPublic Administration
ConstructionHotels & Food Services
EducationalRetail Trade
ManufacturingHealth Care
Gr. New Bedford: Employment changes 2001-2005
Source: Massachusetts Department of Workforce DevelopmentES-202, 2005 Annualized
Employment (2005) Employment Change (2001 – 2005)
545199
-184-482
11358
260123108
658-362
443-147
534313
980316
-11591187
Page 10
0%0%
1%2%
3%2%
6%0%
7%3%
5%4%
4%4%
5%8%
10%11%
10%15%
0%0%
1%1%
2%1%
2%2%
2%3%3%
4%5%5%
5%9%
10%14%
15% 16%
0% 2% 4% 6% 8% 10% 12% 14% 16% 18%
MiningUtilities
Real EstateManagement of Co.
InformationArts
FinanceAgri & Fishing
Prof. and Tech. ServicesTransp. & Warehousing
AdministrationWholesale Trade
Other ServicesPublic Administration
ConstructionHotels & Food Services
EducationalRetail Trade
ManufacturingHealth Care
New Bedford
Massachusetts
Employment: Greater New Bedford compared to Massachusetts?
Source: Massachusetts Department of Workforce DevelopmentES-202, 2005 Annualized
Page 11
Recent Employment trends and Regional Vacancy Rates
Source: Massachusetts Department of Workforce DevelopmentES-202, 2005 AnnualizedJob Vacancy Survey, 2nd Quarter, 2006
New Bedford Employment Growth (Q2, 2005 – Q2, 2006)
Note: JVS Available only at RCC Level. Information presented here represents Southeast RCC, not just New Bedford WIA
Southeast Job VacanciesQ2, 2006
-12-6
7-243
-57-21
2266
891,097
348-77
9831
-366111103
-29-140
189
MiningUtilities
Real EstateManagement of Co.
InformationArts
FinanceAFF
Prof. and Tech. ServicesTransp. & Warehousing
AdministrationWholesale Trade
Other ServicesPublic Administration
ConstructionHotels & Food Services
EducationalRetail Trade
ManufacturingHealth Care
36690
25957
77190
343325353
18519
1,406810
1,309782
2,331
Page 12
Average Industry Pay: Greater New Bedford compared to Massachusetts
Source: Massachusetts Department of Workforce DevelopmentES-202, 2005 AnnualizedJob Vacancy Survey, 2nd Quarter, 2006
Annual Pay
$44,195
$69,185
$31,847
$34,946
$22,167
$37,886
$42,645
$80,673
$45,272
$31,770
$37,950
$44,819
$19,939
$45,024
$39,254
$12,431
$43,915
$23,885
$44,653
$36,588
$50,392
$78,749
$50,232
$80,968
$29,678
$73,181
$98,526
$43,958
$83,292
$34,290
$43,781
$67,236
$26,130
$52,021
$52,866
$17,658
$45,601
$27,483
$62,501
$43,421
Mining
Utilities
Real Estate
Mgmt. Of Co.
Arts
Information
Finance
Agriculture & Fishing
Prof. & Tech. Services
Administration
Transp. & Warehousing
Wholesale Trade
Other Services
Government
Construction
Hotels & Food Services
Education
Retail
Manufacturing
Healthcare
Massachusetts
New Bedford
Page 13
Implications for Workforce Development
Need to retrain and place displaced workers from• Manufacturing
• Construction
Long-term need: address the need of growth sectors for educated and highly skilled workers• Healthcare
• Education
Long-term need: improve educational attainment. This may be done as part of an economic development strategy in partnership with education/research institutions and employers, to ensure that education and skills needed locally are developed
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