Laborshed Analysis

A Study of Workforce Characteristics Released January 2011

Employed9,942 Unemployed

566

Homemakers1,002

Retired423

Estimated Number of Individuals Very Likely or Somewhat Likely to Change or Accept Employment (11,933)

Total Potential Labor Force: 40,110 (entire Laborshed Area)

Survey respondents from the Humboldt County Laborshed area were asked to identify the industry in which they are currently working. The largest concentration of workers are employed in the education industry as shown in the table at left.

Quick Facts (Employed - willing to change employment) 13.6% are working multiple jobs Currently working an average of 41 hours per

week Average age is 47 years old 30.9% currently working within the production,

construction, & material handling occupational category followed by 22.2% within the professional, paraprofessional, & technical occupational category

Most frequently identified job search sources: Internet www.iowaworkforce.org www.careerbuilder.com www.monster.com Local/Regional newspapers

The Messenger - Fort Dodge The Des Moines Register

Local Iowa Workforce Development Centers

Networking through friends, family, and acquaintances

Industrial Classification of the Employed

Laborshed Studies

Underemployment The underemployed are composed of individuals who are working fewer than 35 hours per week but desire more hours; who are working at wages equal to or less than the national poverty level; and/or who are working in positions that do not meet their skill or education levels, or worked for higher wages at previous employment.

2.2% Inadequate hours (219 people) 3.2% Mismatch of skills (318 people) 1.7% Low income (169 people) 5.7% Total estimated underemployment (567 people)

Individuals may be underemployed for more than one reason, but are counted only once for total estimated underemployment.

A Laborshed is defined as the area or region from which an employment center draws its commuting workers. To determine the approximate boundaries of the Humboldt County Laborshed area, local employers supplied the ZIP code listings of where each of their employees reside. This Laborshed analysis addresses underemployment, the availability and willingness of current and prospective employees to change employment within the workforce, current and desired occupations, wages, hours worked, and distance willing to commute to work. See contact information on back.

Industry% of

Laborshed# of

EmployedEducation 20.6% 6,470Manufacturing 18.3% 5,747Health Care & Social Services 14.7% 4,617Wholesale & Retail Trade 11.9% 3,737Public Administration & Government 8.3% 2,607Transportation, Communication, & Utilities 7.9% 2,481Personal Services 6.0% 1,884Professional Services 3.6% 1,131Agriculture 3.6% 1,131Finance, Insurance, & Real Estate 2.4% 754Construction 2.4% 754Entertainment & Recreation 0.3% 94

Employment Status:

78.3% Employed 6.9% Unemployed 6.7% Homemakers, Not Employed 8.1% Retired

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Humboldt County Commuting Area

Benefits Currently Offered The survey provides the respondents an opportunity to identify employment benefits they currently are offered. The chart at left provides the percentage of responses from those that are currently employed. The top nine benefits are shown. The majority (74.3%) of respondents state they are currently sharing the cost of health/medical insurance premiums with their employer. However, 19.0 percent indicate their employer pays the entire cost of insurance premiums.

Commuting Statistics The map at the left represents commuting patterns into Humboldt with the concentration per ZIP code represented in the legend. Those who are willing to change/accept employment in the Humboldt County Laborshed area are willing to commute an average of 23 miles one way for employment opportunities.

Education and Median Wage Characteristics by Industry

10 Mile Radius Between Rings

Legend

[_ Humboldt

Interstate

4-Lane Highway

US Highways

State Highways

Iowa County

Commuter Concentration

by Place of Residence (per ZIP Code)

Zone 3 (1 - 18)

Zone 2 (19 - 131)

Zone 1 (132 - 975)

Area Shown

88.9%

62.1%

37.9%34.8%

20.6% 19.4%15.8% 14.2%

10.7%

Health/Medical Pension/RetirementPaid VacationDental CoverageLife InsurancePaid Sick LeavePaid HolidaysVision CoverageDisability Insurance

Some Level Beyond High

School

Associate Degree

Undergraduate Degree or

Higher

Salary Wages

(per year)

Non-Salary Wages

(per hour)

Agriculture 63.6% 9.1% 27.3% * $15.25Construction 100.0% 0.0% 25.0% $42,000 *Manufacturing 64.3% 12.5% 25.0% $51,000 $16.40Transportation, Communication, & Utilities 63.0% 22.2% 14.8% $70,000 $24.00Wholesale & Retail Trade 70.0% 25.0% 10.0% $43,000 $10.00Finance, Insurance, & Real Estate * * * * *Health Care & Social Services 84.8% 39.1% 13.0% * $13.98Personal Services 70.0% 0.0% 30.0% $32,000 $10.00Entertainment & Recreation * * * * *Professional Services 64.3% 21.4% 21.3% $59,500 $10.00Public Administration & Government 76.0% 8.0% 36.0% $45,500 $17.00Education 88.7% 6.5% 75.8% $44,000 $11.85

*Insufficient survey data/refused

Education Median Wages

This table includes all respondents without consideration of employment status or willingness to change/enter employment.

Industry

76.5%

52.9%

29.4%29.4%

11.8% 11.8%11.8%

Unemployed - Those Willing to Enter/Re-enter Employment An estimated 566 unemployed individuals are willing to accept

employment Average age is 48 years old 55.6% are male; 44.4% are female Education:

72.2% have an education beyond high school 22.2% have an associate degree 27.8% have an undergraduate degree 5.6% have a postgraduate/professional degree

Estimated wage range to attract the upper 66-75% qualified hourly wage applicants is $13.35 to $15.00/hr. with a median of the lowest wage of $9.50

Willing to commute an average of 27 miles one way for the right opportunity

88.9% expressed interest in temporary and 44.4% in seasonal employment opportunities 66.7% expressed interest in working varied shifts (2nd, 3rd & split) Would prefer to enter employment that offers the following benefits:

Health/medical insurance Pension/retirement options Dental coverage Disability insurance Life insurance Vision coverage Paid holidays Paid sick leave Paid vacation Prescription drug coverage

60.0% indicated they are seeking employment offers where the employer/employee share the cost of medical insurance premiums.

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For more information regarding the Humboldt County Laborshed Analysis, contact:

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Sponsored in Partnership with

This information is analyzed and compiled by the Iowa Workforce Development

Labor Market & Workforce Information Division Regional Research & Analysis Bureau

1000 E. Grand Avenue, Des Moines, Iowa 50319 (515) 281-7505

www.iowaworkforce.org

Humboldt County Development Association 29 5th Street South, PO Box 529

Humboldt, Iowa 50548 Phone: (515) 332-2557

Fax: (515) 332-1453 Email: alissao@ci.humboldt.ia.us

www.ci.humboldt.ia.us/hcda

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