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Recent Labor Market Developments

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Number of children and teens in Michigan will actually decline from 2000-2030 ... Unemployment hits record high in over a decade. Employment growth is mixed ... – PowerPoint PPT presentation

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Title: Recent Labor Market Developments


1
Recent Labor Market Developments
South Central Michigan (Hillsdale, Jackson,
Lenawee)
Jonesville
Jackson
Dr. Leonidas Murembya Regional Analyst
Adrian
DLEG/Bureau of Labor Market Information and
Strategic Initiatives
2
Labor Market Topics
  • Population
  • Employment Unemployment
  • Industry Job Trends

3
Population
4
Population Growth in SCMI MWA Above Statewide
Rate
2000 to 2007
5
(No Transcript)
6
Natural Growth Behind Population Increase in SCMI
MWA
US Census Bureau 2000 to 2007 Population
Estimates
7
Workforce Implications of Future Population
Demographics
  • Number of children and teens in Michigan will
    actually decline from 2000-2030
  • Persons in prime working age category of 25-44
    years of age will also fall by 8.2 percent
  • Persons 62 years of age and over will almost
    double in numbers (a growth rate of 71 percent)
    or 7.6 of total population

8
South Central Michigan Employed Unemployed
9
South Central Michigan Labor Force Peaked in 2001
10
Regional Jobless Rate Remains High Follows
Statewide Trend
11
Industry Employment
12
Payroll Jobs Decline Since 2000 South Central
Michigan MWA
Annual Average
13

South Central Michigan Industry Job Performance
Since 2000 Construction Manufacturing Job
Loss Private Ed Job Gain
2000 2007 Employment Change Annual Averages
14
Recent Troubles in the Housing Sector Negatively
Affected Construction Jobs South Central Michigan
MWA
15
Manufacturing Sector Jobs Down Sharply, But Some
Area Manufacturers Have Added Jobs
16
Top 10 Growth Sectors Over the Past Year
17
Top 10 Declining Sectors Over the Past Year
Concentrated in Manufacturing and Construction
18
Recent Labor Market Developments
  • Area population growth just a little above
    statewide rate.
  • Unemployment hits record high in over a decade
  • Employment growth is mixed across industries
  • Healthcare and private education sectors still
    growing.
  • Manufacturing still declining, and construction
    hard hit by housing troubles

19
For Additional Labor Market Information
  • CONTACT YOUR REGIONAL LMI ANALYST
  • Leonidas Murembya
  • 209 E. Washington Ave., Suite 100
  • Jackson, MI 49201
  • Phone 517-841-5634 Fax 517-782-0140
  • E-mail murembyal_at_michigan.gov
  • Regional labor market analysts are now located in
    Detroit, Jackson, Lansing, Saginaw, and Grand
    Rapids. Telephone numbers and email addresses
    are on our website (www.michigan.gov/lmi) under
    Contact Us
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