North Missouri Career Opportunities: The State of the Economy and Implications for Students Mary Bruton| Missouri Economic Research and Information Center| Missouri Department of Economic Development Overview Employer Outlook Workforce Trends Employer Needs Employment Decline in Recession Source: Rockefeller Institute of Government Impact of Recession by County AP Economic Stress Index – March 2010 The combined impact of foreclosures, unemployment, and bankruptcy 0 5 10 15 20 25 30 Unemployment Insurance Claims by Industry Missouri UI Continued Claims by Industry 22,185 Construction 12,500 Manufacturing 9,487 Administrative and waste services Retail trade 8,163 Accomodation and food services 7,781 5,497 Health care and social assistance 4,182 Transportation and warehousing 3,320 Wholesale trade Unclassified 2,866 Professional and technical services 2,823 Other services 2,271 Arts entertainment and recreation 2,110 Finance and insurance 2,098 Information 1,550 Educational services 1,461 Real estate and rental and leasing 1,438 Public administration 960 Mining 834 Agriculture forestry fishing and hunting 674 Management of companies and enterprises 253 Utilities 118 0 5000 Source: MERIC, Missouri Dept. of Labor & Industrial Relations 10000 15000 20000 25000 Unemployment Insurance Claims by Level of Educational Attainment Missouri UI Claimants by Educational Attainment 2% 0% 0% 3% Grade 0 - 12 6% 1 Year College or Tech School 4 Years College or Undergrad 34% 55% 1 Year Post Grad 2 Years Post grad or Masters Doctorate Info not available Source: MERIC, Missouri Dept. of Labor & Industrial Relations Generational Impact of Recession 2009 Unemployment Rate by Gender and Age 30.0% 25.0% Males 20.0% Females 15.0% 10.0% 5.0% 0.0% 16-19 20-24 25-34 35-44 45-54 55-64 65+ Source: MERIC, US BLS – Local Area Unemployment Statistics 400 Jan-90 May-90 Sep-90 Jan-91 May-91 Sep-91 Jan-92 May-92 Sep-92 Jan-93 May-93 Sep-93 Jan-94 May-94 Sep-94 Jan-95 May-95 Sep-95 Jan-96 May-96 Sep-96 Jan-97 May-97 Sep-97 Jan-98 May-98 Sep-98 Jan-99 May-99 Sep-99 Jan-00 May-00 Sep-00 Jan-01 May-01 Sep-01 Jan-02 May-02 Sep-02 Jan-03 May-03 Sep-03 Jan-04 May-04 Sep-04 Jan-05 May-05 Sep-05 Jan-06 May-06 Sep-06 Jan-07 May-07 Sep-07 Jan-08 May-08 Sep-08 Jan-09 May-09 Sep-09 Jan-10 Shifting Employment Trends 450 Missouri Employment for Selected Industries Thousands of Persons, Seasonally Adjusted Recessions Manufacturing Educ. and Healthcare Prof. and Business Services 350 300 250 200 Source: US Bureau of Labor Statistics, Current Employment Statistics 1990-2010 Long-term Industry Outlook for Northwest Missouri Fastest Growth Industry Plastics and Rubber Products Manufacturing Professional, Scientific, and Technical Services Waste Management and Remediation Service Repair and Maintenance Warehousing and Storage Administrative and Support Services Ambulatory Health Care Services Amusement, Gambling, and Recreation Industries General Merchandise Stores Specialty Trade Contractors Real Estate Health and Personal Care Stores Construction of Buildings Heavy and Civil Engineering Construction Social Assistance Nursing and Residential Care Facilities Truck Transportation Hospitals Insurance Carriers and Related Activities Local Government (excl. Education and Hospitals) 2008 Estimated 2018 Projected Employment Employment Net Change % Change 203 253 50 24.6% 2,165 2,688 523 24.2% 166 201 35 21.1% 961 1,157 196 20.4% 433 510 77 17.8% 3,987 4,681 694 17.4% 3,030 3,502 472 15.6% 798 917 119 14.9% 3,352 3,844 492 14.7% 2,303 2,631 328 14.2% 539 610 71 13.2% 555 628 73 13.2% 1,082 1,219 137 12.7% 696 780 84 12.1% 1,575 1,751 176 11.2% 4,028 4,464 436 10.8% 1,129 1,245 116 10.3% 4,743 5,090 347 7.3% 1,887 1,999 112 5.9% 5,211 5,510 299 5.7% Source: Northwest Missouri Long-term Industry Employment Projections, 2008-2018 Long-term Occupation Outlook for Northwest Missouri Fastest Growth 2018 Career 2008 Projected Net % Average Grade Occupation Employment Employment Change Change Wage Education/Training Required A+ Network Systems & Data Communications Analysts 120 170 51 41.80% $74,790 Bachelor's degree B Home Health Aides 570 750 179 31.51% $19,540 Short-term on-the-job training AComputer Software Engineers, Systems Software 100 120 28 29.17% $78,380 Bachelor's degree AMedical Scientists, Except Epidemiologists 80 100 20 26.67% $67,090 Doctoral degree B Pharmacy Technicians 330 420 85 25.68% $24,560 Moderate-term on-the-job training APersonal Financial Advisors 70 90 19 25.68% $91,280 Bachelor's degree BFitness Trainers & Aerobics Instructors 130 160 31 24.41% $25,290 Postsecondary vocational award B+ HVAC Mechanics & Installers 140 180 35 24.31% $40,880 Long-term on-the-job training BTree Trimmers & Pruners 50 70 12 22.22% $29,370 Short-term on-the-job training A+ Cost Estimators 160 200 36 22.22% $57,690 Bachelor's degree AComputer Software Engineers, Applications 220 270 49 22.07% $76,060 Bachelor's degree BEntertainment Attendants & Related Workers 60 70 12 20.34% $20,450 Short-term on-the-job training B Bill & Account Collectors 350 410 65 18.73% $28,780 Short-term on-the-job training B+ Self-Enrichment Education Teachers 190 220 35 18.62% $35,420 Work experience in a related occ. AMixing & Blending Machine Setters & Tenders 390 460 72 18.37% $35,130 Moderate-term on-the-job training B+ Physical Therapist Assistants 50 60 9 18.00% $43,620 Associate degree AEmployment, Recruitment, & Placement Specialists 120 140 21 17.95% $46,260 Bachelor's degree ACompliance Officers 130 160 23 17.42% $50,250 Long-term on-the-job training D Physical Therapist Aides 20 30 4 17.39% $21,920 Short-term on-the-job training ATraining & Development Specialists 150 180 26 16.99% $49,530 Bachelor's or higher, plus work exp. Source: Northwest Missouri Long-term Occupational Employment Projections, 2008-2018 Long-term Occupation Outlook for Northwest Missouri Most Total Openings 2018 Career Projected Grade Occupation Employment BCashiers 3,580 BRetail Salespersons 3,160 BWaiters & Waitresses 1,660 C+ Combined Food Preparation & Serving Workers 3,210 A+ Registered Nurses 2,460 ACustomer Service Representatives 1,530 D Laborers & Freight, Stock, & Material Movers 1,550 BOffice Clerks, General 2,720 D Child Care Workers 1,440 B Nursing Aides, Orderlies, & Attendants 2,180 ATruck Drivers, Heavy & Tractor-Trailer 1,660 BStock Clerks & Order Fillers 1,460 D Janitors & Cleaners 1,840 ASales Representatives, Wholesale & Manufacturing 1,330 ALicensed Practical & Licensed Vocational Nurses 860 B+ Elementary School Teachers 1,170 C+ General & Operations Managers 1,030 D Team Assemblers 1,330 B+ First-Line Supervisors of Retail Sales Workers 1,320 A Insurance Sales Agents 870 Average Growth Replacement Wage Openings Openings Education/Training Required $18,050 51 1,585 Short-term on-the-job training $24,980 177 831 Short-term on-the-job training $17,930 23 902 Short-term on-the-job training $16,870 266 623 Short-term on-the-job training $56,670 301 378 Associate degree $30,990 191 421 Moderate-term on-the-job training $25,710 0 514 Short-term on-the-job training $27,720 138 352 Short-term on-the-job training $19,040 0 428 Short-term on-the-job training $21,660 226 195 Postsecondary vocational award $38,110 144 272 Moderate-term on-the-job training $22,630 85 317 Short-term on-the-job training $22,170 0 348 Short-term on-the-job training $57,740 34 300 Work experience in a related occ. $34,180 83 243 Postsecondary vocational award $43,720 72 250 Bachelor's degree $96,030 0 314 Bachelor's or higher, plus work exp. $26,470 0 309 Moderate-term on-the-job training $39,020 26 277 Work experience in a related occ. $54,170 77 183 Bachelor's degree Source: Northwest Missouri Long-term Occupational Employment Projections, 2008-2018 Shifting Workforce Trends Percent of Tomorrow’s Talent Pool Already At Work Source: MERIC, US Census Bureau Population Projections Shifting Population Trends Talent Attraction & Retention Workforce 2025 Profile • Total population is projected to increase by 9.5 % • Older population groups are projected to increase • Top employing sectors have most retirements • 60% of workforce in 2025 is already working • New technologies will be embedded in nearly every job • Latino workforce participation is higher than others Workforce 2025 Challenges • Not enough students and workers with foundational and advanced math and sciences skills • The percent of students at or above proficient in math declined from Grade 4 to Grade 8. There is more consistency between 4th and 8th grades. • The percentage of first time freshman enrolled in remedial math and reading classes at Missouri Public Institutions has increased. • Institutions of higher education are producing fewer college graduates in science and mathematics-related fields. • Quality v. quantity of degrees Employer Challenges Missouri Businesses Description of Quality of Recent Hires Adequate 46.6 Inadequate Due to Lack of Job Relevant Skills 14.8 Other 13.9 Inadequate Due to Poor Work Habits 13.1 Inadequate Due to Lack of Experience 7.3 Inadequate Due to Drug or Alcohol 4.2 0.0 10.0 20.0 30.0 40.0 50.0 Skills Needed for Missouri’s Growing Industries Competency Models outline industry-identified skills and talents necessary for future workers to be successful in Missouri’s Targeted Industries The P-20 Education Continuum Missouri Green Jobs Report The Missouri Green Jobs survey is the first survey of Missouri employers that quantifies the number of green jobs in the state. Missouri defines green jobs as jobs directly involved in generating or supporting a firm’s green-related products or services. What is Green? Green Economy – Includes industries that contribute to at least one of the following: • The conservation of energy (energy efficiency) • The creation of renewable energy • Organic food production • The reduction (or elimination) of the direct negative impacts a product, company, or individual may have on the environment • The reduction (or elimination) of the direct negative impacts the environment may have on an individual • Research and development that goes to supporting any of the aforementioned functions of a green job What is Green? (cont.) Green Jobs – Primary occupations engaged in generating a firm’s green-related products or services. Green Industries – A detailed industry that is likely to contain firms that produce parts, components, products, or services related to the green economy. Industries and firms were classified as green-related based on their primary product or service; not based on whether they were taking internal steps to use less energy or be more environmentally responsible. Missouri’s Green Economy Sectors Missouri Green Employment by Sector Missouri boasts 131,103 total green jobs—both direct and support positions—among employers, making up 4.8% of total employment in the state. Primary vs. Support Green Employment www.missourieconomy.org