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CENTRAL WESTERN MAINE WORKFORCE INVESTMENT AREA 3

LOCAL CONDITIONS, TRENDS and JOB VACANCIESpresented to

Central Western Maine Workforce Investment BoardApril 17, 2015

Ruth Pease

Economic Research Analyst

Center for Workforce

Research & Information

Maine Dept. of Labor

www.maine.gov/labor/cwri/

ruth.e.pease@maine.gov

207-621-5189

Employment and unemployment in

the Central-Western region

(Androscoggin, Oxford, Franklin,Somerset & Kennebec counties)

Through 2014 the Central-Western region of Maine has not fully recovered all jobs lost during the recession. This is in-line with the statewide average.

Androscoggin and Kennebec counties are nearly back to 2008 job levels. The border counties are lagging, especially Franklin County.

Unemployment rates are back to 2008 levelsin all counties in the region

Labor force growth outlook

According to the Conference Board, Maine has the second worst outlook for working-age population (behind Vermont) between 2015 and 2030, potentially declining nine percent

Maine has the highest share of population in their 60s…and the lowest share under 25

Labor force growth ended in 2006. In 2013 it began to decline…a trend likely to accelerate in the years ahead.

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Seniors are the only age group expected to increase significantly between 2012 and 2022. The expecteddecrease of the 25 to 54 age group is important…

...Because that group has the highestrates of labor force participation

From 2012 to 2022, we expect modest job growth, despite the declining labor force, as unemployment and labor force

participation rates return to normal levels

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Wag

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The age structure of the Central-Western regionpopulation is similar to the statewide average

Half of workers in the region are

45 or older.

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2010

2014

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14-18 19-21 22-24 25-34 35-44 45-54 55-64 65-99

2010

2014

Maine Job Vacancy Survey

September 2014a snapshot of employer demand

Survey findings published at www.maine.gov/labor/cwri/blog.html

• 3,400 surveys sent to employers

• Results by region, industry, and firm size

• 70% response

• Nearly one-third of respondents reported one or more openings

• 21,500 openings statewide, or 4% vacancy rate

• Regional distribution of vacancies was proportional to population and jobs. 27% (5,800) in Central-Western Maine

Eight sectors accounted for 97 percent of job vacancies in the region. There was an above average share of vacancies reported in the

construction, admin & waste services, healthcare, and transportation & warehousing sectors compared to existing job levels.

Eight occupational groups accounted for80 percent of job vacancies in the region

(median wage and relative demand for new hires)

Higher WagesHigher Demand

Higher WagesLower Demand

Lower WagesLower Demand

Lower WagesHigher Demand

www.maine.gov/labor/cwri