2014 Annual Labor Market Report
Transcription
2014 Annual Labor Market Report
Economic Growth Region 8 Statistical Data Report for Annual 2014, Released May 2015 Regional and State Unemployment - 2014 Annual Averages In 2014, annual average unemployment rates declined in all 50 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported. Employment-population ratios increased in 35 states and the District of Columbia, decreased in 12 states, and were unchanged in 3 states. The U.S. jobless rate decreased by 1.2 percentage points to 6.2 percent in 2014, while the national employment-population ratio increased by 0.4 point to 59.0 percent. Regional Unemployment All four regions had annual average unemployment rate declines from 2013, with the Midwest and Northeast having the largest decreases (-1.4 percentage points each). The Midwest, at 5.8 percent, had the lowest regional unemployment rate in 2014, while the West, at 6.8 percent, had the highest rate. Economic Growth Region (EGR) 8 Brown, Daviess, Greene, Lawrence, Martin, Monroe, Orange and Owen Counties Unemployment Rates by State, Annual 2014 (non-seasonally adjusted) Annual Averages - Labor Force Estimates (not seasonally adjusted) U.S.-6.2% Area Labor Force 2014 2013 Over Annual Annual the year Employed Unemployed Average Average rate Rate Rate change 155,922,000 146,305,000 U.S. 3,230,540 3,035,581 IN 147,245 137,721 EGR 8 76,883 72,201 Bloomington MSA 7,461 7,011 Brown Co. 15,149 14,460 Daviess Co. 13,788 12,688 Greene Co. 20,463 18,786 Lawrence Co. 4,968 4,702 Martin Co. 67,249 63,342 Monroe Co. 8,534 7,874 Orange Co. 9,635 8,859 Owen Co. 37,090 34,826 Bloomington 9,617,000 194,959 9,524 4,682 450 689 1,100 1,677 266 3,907 660 776 2,264 6.2% 6.0% 6.5% 6.1% 6.0% 4.5% 8.0% 8.2% 5.4% 5.8% 7.7% 8.1% 6.1% 7.4% 7.7% 7.9% 7.3% 7.4% 5.7% 10.0% 10.2% 6.4% 6.9% 9.8% 10.0% 7.1% -1.2% -1.7% -1.4% -1.2% -1.4% -1.2% -2.0% -2.0% -1.0% -1.1% -2.1% -1.9% -1.0% Source: Indiana Departm ent of Workforce Development, Research and Analysis, Local Area Unem ployment Statistics Notes: The data displayed are presented as estim ates only. The m ost recent month's data are alw ays preliminary and are revised w hen the next m onth's data are released. Illinois-7.1% Indiana-6.0% Kentucky -6.5% Michigan-7.3% Ohio-5.7% Source: U.S. Department of Labor, U.S. Bureau of Labor Statistics Unemployment Rank by County, Annual 2014 (high to low) #2 Lawrence 8.2% #4 Owen 8.1% #6 Greene 8.0% #10 Orange 7.7% #40 Brown 6.0% #48 Monroe 5.8% #62 Martin 5.4% #89 Daviess 4.5% Source: Indiana Dept. of Workforce Development, Research and Analysis, UI Statistics 1 Unemployment Claims, 2014 Economic Growth Region 8 (EGR8) 2013-2014 Initial Continued Total Claims Claims Claims Ave 2013 1,505 15,913 17,418 Ave 2014 2013-14 Change 895 6,960 7,855 -41% -56% -55% State of Indiana 2013-2014 Labor Productivity Bureau of Labor Statistics- News Release April 28, 2015 PRODUCTIVITY AND COSTS BY INDUSTRY: MANUFACTURING AND MINING INDUSTRIES, 2014 Labor productivity - defined as output per hour - rose in about three-quarters of detailed manufacturing and mining industries covered in 2014, the U.S. Bureau of Labor Statistics reported today. This was higher than 2013, when labor productivity rose in about 60 percent of the covered industries. Output and hours also increased in more industries in 2014 than in the previous year. Unit labor costs, which reflect the total labor costs required to produce a unit of output, declined in 53 percent of manufacturing industries and three out of four mining industries in 2014. Almost twothirds of industries with productivity increases posted declines in unit labor costs. Ave 2013 Initial Continued Total Claims Claims Claims 25,972 353,984 379,959 Ave 2014 19,370 141,912 161,443 2013-14 Change -25% -60% -58% *Total claims include EUC (Emergency Unemployment Compensation) Claims data are updated weekly, including revisions to claims counts for the preceding four weeks. Source: Indiana Dept of Workforce Development, Research and Analysis, UI Statistics Oil and gas extraction recorded the largest increase in labor productivity in 2014, followed by textile and fabric finishing and coating mills, and semiconductors and electronic components. The largest decline in productivity was in glass and glass products. 2 Applicant Pool Metropolitan Area Employment, 2013 - 2014 Top 20 Occupations Desired by Active Applicants on Their Resumes in 2014 1 Assemblers and Fabricators, All Other-112 2 Administrative Services Managers-93 3 Cashiers-82 4 Customer Service Representatives-78 5 Office Clerks, General-73 6 Production Workers, All Other-70 7 Managers, All Other-65 8 Executive Secretaries and Executive Administrative Assistants65 9 Laborers and Freight, Stock, and Material Movers, Hand-58 10 Helpers--Production Workers-45 WARN Notices for Region 8 - Mar 2014 Company Indiana Limestone Co Indiana University Cyclotron Operations City Bloomington Bloomington 11 Receptionists and County Affected Workers Notice Date Monroe Monroe 166 120 2/24/2014 8/22/2014 Information Clerks-43 12 Bookkeeping, Accounting, and Auditing Clerks-42 13 Secretaries and Administrative Assistants, Except Legal, Medical, and Executive-40 14 Office and Administrative For information on WARN Act requirements, you may go to the U.S. Department of Labor Employment Training Administration Fact Sheet: http://www.doleta.gov/programs/factsht/warn.htm Support Workers, All Other-39 15 Retail Salespersons-37 16 Nursing Assistants-36 17 Maintenance and Repair Workers, General-35 18 Janitors and Cleaners, Except Maids and Housekeeping Cleaners34 19 Manufacturing Production Technicians-33 20 Stock Clerks- Stockroom, Warehouse, or Storage Yard-30 Source : Indiana De pt of Work force De ve lopm e nt, Indiana Care er Conne ct 3 Frequently Listed Jobs Top 20 Listed Jobs for EGR 8 in 2014 1 Assemblers and IN Reality is an interactive online tool on Hoosiers by the Numbers which allows individuals to explore career choices based on how much you could earn. The IN Reality tool is made up of three separate components: -The first one is Reality Check which includes choosing where you would like to live, housing options and about ten other items making up your budget. This gives an overview of how much you will need to earn for the lifestyle choices that you make. Fabricators, All Other 2 Heavy and Tractor-Trailer Truck Drivers 3 Team Assemblers 4 Receptionists and Information Clerks 5 Demonstrators and Product Promoters 6 Production Workers, All 7 8 9 10 11 12 13 14 15 Other Insurance Sales Agents Customer Service Representatives Home Health Aides Nursing Assistants Personal Care Aides Healthcare Support Workers, All Other Retail Salespersons Maids and Housekeeping Cleaners Security Guards 16 Registered Nurses 17 Therapists, All Other 18 Stock Clerks, Sales Floor 19 Food Servers, Nonrestaurant -The second component is Future Salary which lets you enter your desired salary level. Then you choose education level and occupation cluster to receive a list of possible jobs that would meet your salary choice. 20 Light Truck or Delivery Services Drivers Source: Indiana Dept of Workforce Developm ent, Indiana Career Connect -Finally, in Occupation Direct you select your occupation and then it will list the average income for that occupation minus taxes. It then gives remaining annual and monthly net salary levels. 4 Questions? Please contact the DWD Research & Analysis representative listed below: Deani Purvis dpurvis@dwd.in.gov 709 S. Reed Rd. Kokomo, IN 46903 765-459-0571 ex 3036 Fax: 765-457-3144 5