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Data for good. Data for business. Data for learning. State of the Workforce 2020 | 4 th Quarter

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Page 1: State of the Workforce

Data for good. Data for business. Data for learning.

State of the Workforce2020 | 4th Quarter

Page 2: State of the Workforce

Regional Overview

This report delivers quarterly labor market information to NOVA faculty, staff, students, employers, and community partners to highlight regional employment trends. To ensure that northern Virginia businesses remain globally competitive and continue to create jobs, NOVA provides access to highly skilled, credentialed, and diverse talent

and defined career pathways for the region. NOVA’s Office of Strategic Partnerships and Workforce Innovation collaborates with employers, economic development organizations, education institutions, community-based organizations, and local governments in the northern Virginia region to address the skills gap and develop a robust talent pipeline.

The fourth quarter of 2020 saw continued impacts from COVID-19 nationwide and in northern Virginia. Job postings declined 5.5% between Q3 and Q4 of 2020, and were down more than 30% since the same time period in 2019. All of the local jurisdictions experienced a decline in Q4 job postings, with Arlington, Prince William and Manassas,

and Loudoun experiencing the largest number of job posting declines. However, job postings in cybersecurity and health care increased in Q4, and made up nearly 20% of total job postings for the region. The region remains the number one location for employers advertising positions in cybersecurity nationwide, with approximately 7.8% of all Q4 cybersecurity job postings nationwide coming from northern Virginia. We are continuing to provide monthly updates on the COVID-19 pandemic and its effects on our labor market, which are included in a separate monthly COVID-19 infographic.

(5.5% decrease from Q3) (14.2% increase from Q3)9.4% of total job postings

(1.1% increase from Q3)10.5% of total job postings

Total Cybersecurity 10,356Total Health Care 9,338Total Job Postings 98,920

Alexandria City: 9,484 (4.7% decrease from Q3)

Fairfax / Falls Church: 55,380 (3.4% decrease from Q3)

Prince William / Manassas: 8,280 (10.0% decrease from Q3)

Arlington: 15,981 (10.0% decrease from Q3)

Loudoun: 9,795 (7.0% decrease from Q3)

Job Postings by Location

Page 3: State of the Workforce

Leidos

1,742

Professional, Scientific, &

Technical Services

19,419

Booz Allen Hamilton

1,181

Public Administration

5,328

Mantech International

733

Freddie Mac

335

CACI

1,563

Retail Trade

7,495

Deloitte

956

Information

2,747

Capital One

550

Perspecta

453

BAE Systems

295

General Dynamics

1,577

Health Care & Social Assistance

11,424

Anthem Blue Cross

976

Accommodation & Food Services

3,539

Allied Universal

600

Microsoft Corporation

466U.S. Government

510

Parsons Brinckerhoff

326

Inova Health System

1,528

Finance & Insurance

5,492

Northrop Grumman

848

Administrative & Support & Waste

Management

2,534

MITRE Corporation

542

CareInHomes

380

Fairfax County Public Schools

291

Amazon

1,201

Manufacturing

5,384

SAIC

829

Other Services

2,209

Raytheon

517

Dollar Tree

374

Stanley Reid

288

Top 25 Companies Hiring by number of job postings

Top 10 Industries Hiring by number of job postings

The top 25 companies advertised a combined 19,061 job postings during the quarter, comprising 19.3% of all job postings regionally, which is an increase in the share of job postings among the top 25 companies from Q3. Leidos was the number 1 employer by number of jobs advertised job postings. Nearly all of the top 25 employers advertising

open positions are in the government contracting and technology sectors, with a few exceptions in health care, retail, and hospitality. The top hiring industry continues to be professional, scientific, and technical services, which advertised 19,419 job postings this quarter, which was a decrease of 7.3% from Q3 2020.

Page 4: State of the Workforce

01. Software Developers, Applications ...................................6,98902. Managers, All Other ........................................................3,45003. Computer Systems Engineers and Architects ....................3,28604. Registered Nurses ..........................................................3,22505. Information Security Analysts ..........................................2,82406. Retail Salespersons ....................................................... 2,20007. Management Analysts ..................................................... 1,97408. Sales Representatives, Wholesale and Manufacturing ...... 1,86309. Network and Computer Systems Administrators ................1,60510. Computer User Support Specialists .................................1,35111. Computer Systems Analysts ........................................... 1,33512. Information Technology Project Managers .........................1,31613. Retail Supervisors ..........................................................1,27614. Security Guards ..............................................................1,22515. Customer Service Representatives ..................................1,19816. Sales Managers .............................................................1,12817. Database Administrators .................................................1,05918. Secretaries and Administrative Assistants ........................1,05219. Heavy and Tractor Trailer Truck Drivers .................................96620. Web Developers ................................................................. 94721. General and Operations Managers .......................................90922. Computer Network Architects .............................................. 82623. Human Resources Specialists ..............................................81724. Operations Research Analysts ............................................. 81625. Purchasing Agents ..............................................................803

The unemployment rate decreased 1.5% between August 2020 and November 2020 as the region began to recover from the economic impacts of COVID-19. However, the November unemployment rate was 2.4% higher than the unemployment rate for November 2019. This list above highlights the top 25 occupations advertised by employers

in the fourth quarter of 2020, categorized by their 8-digit O*NET title. The O*NET classification system is made up of 974 unique occupations; these 25 occupations listed here accounted for 44,440 job postings, or 44.9% of all employer demand in Q4 2020. Software developers continue to be the most in-demand occupation, with 6,989 postings during the quarter, although this was a decrease of 1,000 job postings from Q3. 12 of the top 25 positions advertised are information technology-related occupations. The median salary of all advertised jobs was $69,177, which was an increase from the median salary advertised for job postings during Q3.

Top 25 Positions Advertised This Quarter by number of job postings

(November 2020) 1.5% decrease from August 2020

* This number will likely fluctuate significantly over the next several quarters as the market adjusts to the impacts of COVID-19 and the economic recovery

Unemployment Rate 4.4%

Total Jobs in the Region (Q3 2020)

1,301,948*

Job Growth, last 12 months

-44,960

Median Wage of Jobs Advertised

$69,177

Page 5: State of the Workforce

01. Customer Service..............................14,62802. Scheduling .......................................12,94103. Project Management ............................9,62604. Budgeting ............................................9,00105. Sales ..................................................7,86506. Software Development .........................7,28807. Customer Contact ................................6,77308. Python ............................................... 6,69409. Java ................................................... 6,28210. SQL .....................................................5,90711. Linux ...................................................5,71112. Information Systems ............................5,42913. Systems Engineering ........................... 5,36814. Repair ................................................ 4,56615. Software Engineering ...........................4,420

01. Security Clearance ................................................................................................................... 15,95602. Driver’s License ..........................................................................................................................6,98503. Registered Nurse ........................................................................................................................ 3,19104. CompTIA Security+ ...................................................................................................................... 2,69605. Project Management Certification (PMP) ....................................................................................... 2,55506. Certified Information Systems Security Professional (CISSP) .......................................................... 2,13107. IT Infrastructure Library (ITIL) ....................................................................................................... 1,94108. SANS/GIAC ................................................................................................................................. 1,28209. First Aid/CPR/AED ....................................................................................................................... 1,27510. Cisco Certified Network Associate (CCNA) ..................................................................................... 1,23711. Advanced Cardiac Life Support (ACLS) .......................................................................................... 1,16212. Certified Public Accountant (CPA) ..................................................................................................1,07313. Basic Life Saving (BLS) .................................................................................................................... 80914. Certified Information Systems Auditor (CISA) ..................................................................................... 77515. CDL Class A Driver’s License ........................................................................................................... 709

01. Communication Skills ........................35,26802. Teamwork / Collaboration .................. 19,76203. Planning ...........................................15,67804. Writing..............................................14,49005. Research ..........................................14,34606. Problem Solving ................................13,89107. Organizational Skills ..........................12,96608. Microsoft Office ................................12,41209. Detail-Oriented ..................................12,31510. Physical Abilities ..................................9,19011. Written Communication ....................... 8,98512. Troubleshooting .................................. 8,91313. Creativity .............................................7,69814. Multi-Tasking ....................................... 6,86615. Computer Literacy ............................... 6,696

NOVA utilizes two labor market information research tools, JobsEQ by Chmura Economics, and Labor Insight by Burning Glass Technologies, to assist in our effort to provide real time data on the region’s labor market. For more information, and to access our detailed interactive data

platform, please connect with us by visiting our website at www.nvcc.edu/lmi.

Contact: Alex Cooley, [email protected]

Top Specialized Skills by number of job postings

Top Certifications by number of job postings

Top Baseline Skills by number of job postings