maryland’s employment situation maryland sector strategies academy june 25, 2009 tim bibo, jr
TRANSCRIPT
Maryland’s Employment SituationMaryland’s Employment Situation
Maryland Sector Strategies Academy
June 25, 2009
Tim Bibo, Jr.
Major AreasMajor Areas
• Labor Force and Demographics
• Industry Trends• Regional Industry
Trends
• Labor Force and Demographics
• Industry Trends• Regional Industry
Trends
Labor Market Snapshots: MarylandLabor Market Snapshots: Maryland
May, 2008 May, 2009One-year Change
Labor Force 2,995,817 2,955,300 -1.4%
Employment 2,872,981 2,742,806 -4.5%
Unemployment 122,836 212,494 73.0%
Unemployment Rate 4.1% 7.2%
Data Source: U.S. Department of Labor, Bureau of Labor Statistics
National Unemployment Rate – May 2009National Unemployment Rate – May 2009
1.9%orbelow
10.0%orover7.0%to9.9%6.0%to6.9%5.0%to5.9%4.0%to4.9%3.0%to3.9%2.0%to2.9%
Data Source: U.S. Department of Labor, Bureau of Labor Statistics
County Unemployment Rates – April 2009County Unemployment Rates – April 2009
1.9%orbelow
10.0%orover7.0%to9.9%6.0%to6.9%5.0%to5.9%4.0%to4.9%3.0%to3.9%2.0%to2.9%
Data Source: U.S. Department of Labor, Bureau of Labor Statistics
Population GrowthPopulation GrowthO
ne-y
ear
change in p
opula
tion
Years
0.0%
0.3%
0.6%
0.9%
1.2%
1.5%
MarylandUnitedStates
2007
-200
8
2006
-200
7
2005
-200
6
2004
-200
5
2003
-200
4
2002
-200
3
2001
-200
2
2000
-200
1
Data Source: U.S. Census Bureau
Maryland Intra-State MigrationMaryland Intra-State MigrationNetMigration FlowsforMaryland,1981-2007
-1.6
-6.6
9.5
11.8
21.7
24.726.7
17.4
10.2
7.1
-1.9
-4.3
0.5 0.5
-6.7 -7.2
-3.7
5.6
12.8
16.2
8.9
-1.4
-6.8
-16.6
-23.6
-0.2-0.5
-30
-20
-10
0
10
20
30
19
81
19
8319
8519
87
19
89
19
9119
9319
95
19
9719
9920
01
20
03
20
05
2007
Thou
sands of
peo
ple
PreparedbytheMarylandDepartmentofPlanning,PlanningDataServicesbasedonsummarydatapreparedbytheInternalRevenueService.
Place of Birth: Foreign-Born PopulationPlace of Birth: Foreign-Born Population
0%
10%
20%
30%
40%
50%
60%
Maryland
UnitedStates
OceaniaNorthernAmerica
EuropeAfricaAsiaLatinAmerica
53.5%
1.6%2.3%
12.8%13.3%16.1%
3.7%
33.7%
26.8%
35.4%
0.4%0.5%
Sh
are
of
the f
ore
ign-b
orn
popu
lati
on
Place of birthData Source: U.S. Census Bureau
Maryland’s Labor Force 2010 to 2025Maryland’s Labor Force 2010 to 2025
Data Source: Maryland Department of Planning
-5%
24%
-6%
-13%
35%
-20%
-10%
0%
10%
20%
30%
40%
16-24 25-34 35-44 45-54 55+
Change in Maryland’s Population 2010 to 2030Change in Maryland’s Population 2010 to 2030
-200,000
-100,000
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
0to 24 25to 44 45to 64 65+
+190,737+267,617
-163,365
+609,888
Data Source: Maryland Department of Planning
Po
pu
lati
on
Ch
an
ge
Age Group
Workers 55 and Older: by Industry SectorWorkers 55 and Older: by Industry Sector
0% 5% 10% 15% 20% 25% 30%
Accommodation andFoodServices
Information
Construction
Finance and Insurance
Admin., Support,Waste, andRemediation
RetailTrade
Management of Companies and Enterprises
Utilities
Transportation andWarehousing
WholesaleTrade
All Sectors
HealthCare andSocial Assistance
Real Estate andRental andLeasing
Manufacturing
OtherServices (except PublicAdministration)
PublicAdministration
Educational Services 26%
10%
14%
15%
15%
15%
16%
16%
17%
17%
18%
18%
18%
19%
20%
21%
23%
Percent of workers ages 55 and olderData Source: U.S. Census Bureau
Jobs in Maryland: May 2008 to May 2009Jobs in Maryland: May 2008 to May 2009
Data Source: Maryland Department of Labor, Licensing and Regulation
Nu
mb
er
of
Jo
bs
Month *Seasonally Adjusted
2,500,000
2,520,000
2,540,000
2,560,000
2,580,000
2,600,000
2,620,000
May-2008
Jun-2008
Jul-2008
Aug-2008
Sep-2008
Oct-2008
Nov-2008
Dec-2008
Jan-2009
Feb-2009
Mar-2009
Apr-2009
May-2009
Job Change in Maryland: May 2008 to May 2009Job Change in Maryland: May 2008 to May 2009
Data Source: Maryland Department of Labor, Licensing and Regulation
Ind
ust
ry S
ecto
r
One Year Change in Number of Jobs
*Seasonally Adjusted
-30,000 -25,000 -20,000 -15,000 -10,000 -5,000 0 +5,000 +10,000
Educational & Health Care
Government
Information
OtherServices
Professional and Business Services
Manufacturing
Leisure & Hospitality
Financial Activities
Trade,Transportation &Utilities
Natural Resources &Construction -27,400
-20,200
-10,700
-7,600
-5,300
-3,500
-2,400
-1,900
+5,300
Maryland Growth Industries: May 2008 to May 2009Maryland Growth Industries: May 2008 to May 2009
Retail Trade• Food and Beverage Stores• Grocery Stores• General Merchandise Stores
Professional and Business Services• Computer Systems Design & Related Services• Management & Technical Consulting Services• Scientific Research & Development
Management of Companies and Enterprises
Education and Health Care and Social Assistance• Education• Ambulatory Health Care Services• Hospitals• Nursing and Resident Care Facilities• Social Assistance
Government• Federal• State (Education)• Local (Education)
Ten Fastest-Growing OccupationsTen Fastest-Growing Occupations
Occupation Annual Growth Rate
Network Systems & Data Communications Analysts 5.5%
Computer Software Engineers, Applications 4.9%
Respiratory Therapists 4.6%
Surgical Technologists 4.5%
Home Health Aides 4.5%
Self-Enrichment Education Teachers 4.2%
Mental Health Counselors 4.2%
Occupational & Physical Therapist Assistants & Aides 4.1%
Personal & Home Care Aides 4.0%
Personal Financial Advisors 3.9%
Data Source: Maryland Department of Labor, Licensing and Regulation
Jobs Openings by Skill LevelJobs Openings by Skill Level
High Skill35%
LowSkill23%
MiddleSkill42% Jobsthat requiremore
thanahigh schooldiplomabut lessthanafour-year degree
Jobsthat requireahigh schooldiplomaor less
Jobsthat requireafour-yearcollegedegreeormore
Source: The Workforce Alliance’s Analysis of data from the Maryland Department of Labor, Licensing and Regulation
Baltimore – Towson MSABaltimore – Towson MSA
1,283,300 jobs (Apr. 09’)-32,000 (Apr. 08’ – Apr. 09’)
Growth Industries (Apr. 08’ – Apr. 09’)• Comp & Elec. Manufacturing• Comp. Sys. Design and Services• Scientific R&D• Education• Health Care• Government
Data Source: Maryland Department of Labor, Licensing and Regulation
MD Portion of DC Metro MSAMD Portion of DC Metro MSA
381,400 jobs (Apr. 09’)-16,800 (Apr. 08’ – Apr. 09’)
Growth Industries (Apr. 08’ – Apr. 09’)• Food and Beverage Stores• Administrative and Support Services• Healthcare• Government (Federal)
Data Source: Maryland Department of Labor, Licensing and Regulation
Bethesda-Frederick-Rockville Metro DivisionBethesda-Frederick-Rockville Metro Division
574,100 jobs (Apr. 09’)-1,600 (Apr. 08’ – Apr. 09’)
Growth Industries (Apr. 08’ – Apr. 09’)• Prof. Sci. & Tech Services• Healthcare• Food Service and Drinking Places• Government
Data Source: Maryland Department of Labor, Licensing and Regulation
MD Portion of Hagerstown-Martinsburg MSAMD Portion of Hagerstown-Martinsburg MSA
99,200 jobs (Apr. 09’)-2,600 (Apr. 08’ – Apr. 09’)
Growth Industries (Apr. 08’ – Apr. 09’)• Prof. & Bus. Services• Government
Data Source: Maryland Department of Labor, Licensing and Regulation