The Changing Face of the Texas Labor Market - PowerPoint PPT Presentation

Loading...

PPT – The Changing Face of the Texas Labor Market PowerPoint presentation | free to download - id: 452940-M2M5N



Loading


The Adobe Flash plugin is needed to view this content

Get the plugin now

View by Category
About This Presentation
Title:

The Changing Face of the Texas Labor Market

Description:

... General 2,245 $24,016 Political Science & Government 2,208 $25,037 Public Relations & Advertising 1,772 $27,579 Trends in U.S. Bachelor s Degrees Awarded ... – PowerPoint PPT presentation

Number of Views:181
Avg rating:3.0/5.0
Slides: 54
Provided by: Rich384
Learn more at: http://www.sacomp.org
Category:
Tags: changing | face | labor | market | texas

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: The Changing Face of the Texas Labor Market


1
The Changing Face of the Texas Labor Market
  • Labor Market Career Information (LMCI)
  • Texas Workforce Commission
  • richard.froeschle_at_twc.state.tx.us
  • (512) 936-3105

2
Are you a Left Brain (analytical, data driven,
logical) or Right Brain (creative, intuitive,
philosophical)?
3
The Bad NewsThe Money economy and the Job Market
are 2 different birds
The Good News A Recovery in the Money economy
is definitely at hand, e.g. GDP, profits, stocks
4
Is it still an economic downturn or a crisis in
confidence?
Excess bank reserves
European debt crisis
Fear of double dip recession
Volatile stock market
Persistently high unemployment
Mortgages underwater
5
Consumers are staying in cash
6
Corporate profits have recovered
7
Texas Consumer Behavior
8
(No Transcript)
9
Harry Truman is purported to have said,
  • All my economists say, on the one, or on the
    other handwhat I really need is a one-handed
    economist.

10
Is the Economic Glass Half Full?
or Half Empty?
  • Unemployment rate falling
  • More sectors contribute to job growth
  • Corporations cash-rich
  • 29 months of job growth
  • Spending is up, savings rate up, consumers
    lowering debt burden
  • Consumer confidence is improving
  • House prices near bottom?
  • UI initial claims are down
  • Real estate, construction and govt. still reeling
  • European debt/bank crisis still looming
  • Slowing global GDP
  • Energy prices?
  • Lack of confidence in demand, political system
  • Still tight lending standards terms
  • Net worth down9.4 tril from peak

11
The Interworkings of the Global Economy
12
(No Transcript)
13
Comparative Total Population Change in Texas
2000-2010
2000 Population 2010 Population ABS CHG 2000-10 PCT CHG 2000-10
United States 281,421,906 308,745,538 27,323,632 9.7
Texas 20,851,820 25,145,561 4,293,741 20.6
California 33,871,648 37,253,956 3,382,308 10.0
Florida 15,982,378 18,801,310 2,818,932 17.6
Georgia 8,186,453 9,687,653 1,501,200 18.3
North Carolina 8,049,313 9,535,483 1,486,170 18.5
Arizona 5,130,632 6,392,017 1,261,385 24.6
Decennial census counts for April 1, 2000 and April 1, 2010 Decennial census counts for April 1, 2000 and April 1, 2010 Decennial census counts for April 1, 2000 and April 1, 2010 Decennial census counts for April 1, 2000 and April 1, 2010 Decennial census counts for April 1, 2000 and April 1, 2010
14
Texas Population Change 2000-10
Where Texans Live
Where Texans have moved
15
Texas becomes more Hispanic
16
Tough Competition Generation X, Y, and Baby
Boomer Employment in Texas 2000 - 2008
17
How many Millenials does it take to screw in a
light bulb?
  • 1. One to the instructions
  • 2. One to post the instructions on the wall of
    their page
  • 3. One to post the video of their
    work showing collaboration
  • One Baby Boomer to tell them what a terrific,
    wonderful, spectacular job they did with the
    light bulb

18
Texas Private Job Growth By Time period (Nov
2011)
2007 to 2008 2008 to 2009 2009 to 2010 2010 to 2011
Texas North Dakota Texas California
New York Alaska Indiana Texas
Oklahoma South Dakota Massachusetts Florida
Washington Vermont Michigan New York
Louisiana Dist of Columbia Minnesota New Jersey
Colorado Wyoming Pennsylvania Massachusetts
Dist of Columbia Montana New York Louisiana
North Dakota Rhode Island Oklahoma Pennsylvania
Massachusetts Delaware Maryland Ohio
Wyoming Maine Dist of Columbia Arizona
19
Texas U.S. Labor Market Statistics
Dec 2011 Nov 2011 Dec 2010
Texas Labor Force 169,500 YOY 12,378,800 12,361,500 12,209,300
Texas Unemployed 959,400 997,100 1,010,700
Texas U Rate 7.8 8.1 8.3
U.S. Labor Force 274,000 YOY 153,887,000 153,937,000 153,613,000
U.S. Unemployed 13,097,000 13,323,000 14,393,000
U.S. Urate 8.5 8.7 9.4
San Antonio Urate 6.8 7.0 7.2
20
(No Transcript)
21
(No Transcript)
22
Goods Producing Employment Trends (1995-2011)
23
(No Transcript)
24
Texas Industry Growth December 2010-11 YOY
Industry Dec 2011 ABS CHG PER CHG
Total Nonagricultural 10,649,200 204,500 2.0
Total Nongovernment (aka private) 8,843,900 260,000 3.0
Goods-Producing 1,686,100 59,600 3.7
Service-Providing 8,963,100 144,900 1.6
Professional and Business Services 1,343,700 53,100 4.1
Trade, Transportation, and Utilities 2,108,000 45,800 2.2
Leisure and Hospitality 1,060,200 41,200 4.0
Mining and Logging 257,900 40,700 18.7
Education and Health Services 1,443,500 36,900 2.6
Manufacturing 837,400 25,200 3.1
Financial Activities 638,800 18,000 2.9
Other Services 378,700 13,300 3.6
Construction 590,800 -6,300 -1.1
Information 184,900 -7,900 -4.1
Government 1,805,300 -55,500 -3.0
25
Detailed View Texas Job Growth Nov 2010 - Nov
2011
INDUSTRY TITLE Nov 2011 ABS CHG PER CHG
Ambulatory Health Care Services 631,300 40,200 6.8
Administrative and Support Services 663,900 32,300 5.1
Food Services and Drinking Places 826,400 30,500 3.8
Support Activities for Mining 148,900 28,100 23.3
Clothing Clothing Accessories Stores 131,400 13,900 11.8
Motor Vehicle and Parts Dealers 155,800 12,400 8.7
Accommodation 110,700 11,200 11.3
Machinery Manufacturing 98,800 10,900 12.4
Fabricated Metal Product Manufacture 124,400 10,100 8.8
Merchant Wholesalers, Durable Goods 294,400 9,900 3.5
Repair and Maintenance Services 116,000 8,800 8.2
Construction of Buildings 142,900 7,500 5.5
Oil and Gas Extraction 89,400 6,500 7.8
26
Detailed View Texas Job Decline Nov 2010 - Nov
2011
INDUSTRY TITLE Nov 2011 ABS CHG PER CHG
Local Government (incl. education) 1,261,600 -49,900 -3.8
State Government (incl. education) 372,400 -13,300 -3.5
Social Assistance Child Care 186,900 -7,500 -3.9
Telecommunications 80,700 -5,200 -6.1
Nonmetallic Mineral Manufacture 30,800 -1,900 -5.8
Furniture and Home Furnishings Stores 36,500 -1,800 -4.7
Insurance Carriers Activities 155,300 -1,800 -1.2
Federal Government 197,800 -1,700 -0.9
Rental and Leasing Services 48,200 -1,600 -3.2
Miscellaneous Manufacturing 25,900 -1,300 -4.8
Printing Related Manufacturing 26,600 -1,200 -4.3
Computer Electronics Manufacture 94,500 -1,100 -1.2
Chemical Manufacturing 69,500 -800 -1.1
27
(No Transcript)
28
3,786
2,391
29
GAINERS Alamo LWDA Sectors (2009-11) EMP 2011Q2 ABS CHG PCT CHG Trend vs 2018
Tourism, Hospitality and Leisure restaurants and hotels 119,475 6,003 5.3 Above
Business and Financial Services Insurance, non-bank financial 139,052 4,656 3.5 Above
Biotechnology, Life Sciences Medical Hospitals, Physicians Offices 73,725 4,426 6.4 Above
Corporate HQ, Administrative Government federal govt. 88,927 3,682 4.3 Above
Personal and Residential Services home health and nursing care services 57,195 3,128 5.8 Equal
Transportation Equipment auto dealers, parts manufacturing, auto repair 31,910 2,817 9.7 Above
Legal, Protective Human Support Services individual family , legal emergency services 28,136 1,735 6.6 Above
Electronics Applied Computer Equipment semi-conductors, commercial electronic medical equipment wholesalers 11,949 1,069 9.8 Above
30
Job Churn San Antonio Private Sector New Hires
San Antonio New Hire Activity Hiring (2010 4th) Earnings All Workers Earnings New Hires
All NAICS subsectors 55,321 3,518 2,223
Food Services Drinking Places 9,426 1,494 1,068
Administrative Support Services 5,804 2,871 1,971
Ambulatory Health Care Services 5,200 3,803 2,470
Professional, Scientific, Tech Services 2,864 5,254 3,774
Specialty Trade Contractors 2,106 3,507 2,664
Credit Intermediation Activities 1,407 4,195 3,048
Nursing Residential Care Facilities 1,640 2,388 2,126
Social Assistance Child care 1,596 2,050 1,458
Hospitals 1,296 4,511 3,711
Accommodation 1,206 2,139 1,643
General Merchandise Stores 1,325 2,093 1,211
Insurance Carriers Related Activities 991 6,434 4,112
31
Eagle Ford Shale 24 county region
  1. 1.3 billion in gross state product, 2.9 total
    output
  2. 511 million in salaries (2010)
  3. Supports 12,601 jobs
  4. 108 million in tax revenues
  5. 2,828 drilling permits issued through 2011

32
(No Transcript)
33
Texas Job Posting Activity The Conference Board
HWOL
313,045
34
Texas Online Job Postings Last 90 Days January 2012 Texas Online Job Postings Last 90 Days January 2012 Texas Online Job Postings Last 90 Days January 2012
Registered Nurses 26,820 Associates/Bachelors
Truck Drivers, Heavy Tractor-Trailer 14,810 Moderate term OJT
Retail Salespersons 11,784 Short term OJT
Computer Systems Analysts 11,731 Bachelors degree
Supervisors, Retail Sales Workers 11,148 Related Work Experience
Customer Service Representatives 10,307 Moderate term OJT
Physical Therapists 9,445 Masters degree
Web Developers 9,351 Associates degree
Computer Support Specialists 9,064 Associates degree
Accountants 7,862 Bachelors degree
Exec. Secretaries/Admin Assts. 7,558 Related Work Experience
Network Systems Administrators 7,244 Bachelors degree
Non-technical Sales Reps, Wh Man 7,098 Related Work Experience
Occupational Therapists 6,468 Masters degree
Supervisors, Food Prep Workers 6,167 Related Work Experience
35
San Antonio MSA Online Job Postings Last 90 Days Feb 2012 San Antonio MSA Online Job Postings Last 90 Days Feb 2012 San Antonio MSA Online Job Postings Last 90 Days Feb 2012 San Antonio MSA Online Job Postings Last 90 Days Feb 2012
Occupation Postings CHG Preferred training
Registered Nurses 2,193 326 Associate's/Bachelor's
Truck Drivers, Tractor-Trailer 2,006 1,011 Short term OJT
Customer Service Representatives 1,533 129 Moderate term OJT
Retail Salespersons 1,410 228 Short term OJT
Computer Support Specialists 1,037 42 Associates degree
Supervisors, Retail Sales Workers 983 104 Related work experience
Network Systems Administrators 922 23 Bachelors degree
Supervisors, Food Prep Workers 873 159 Related work experience
Exec. Secretaries/Admin Assts. 826 11 Related work experience
Non-technical Sales Reps, W M 788 99 Related work experience
Web Developers 747 120 Associates degree
Supervisors, Admin Support 732 69 Related work experience
Medical Health Srvcs Managers 715 13 Bachelors degree plus
Physical Therapists 702 180 Masters degree
36
Education Mismatch Texas Unemployed vs. Job
Postings
Education Requirement 2011 WIT Job Applicants HWOL 2011 Postings
Doctoral Degree 0.6 .8
Professional Degree 0.3 1.6
Masters Degree 0.9 3.6
Bachelors Work Experience 3.4 7.8
Bachelors Degree 8.5 22.7
Associates Degree 2.0 10.0
Post-secondary Vocational 4.0 9.3
Job related work experience 5.4 9.2
Long-term On The Job training 6.2 4.4
Medium-term On The Job training 22.4 15.4
Short-term On The Job training 46.3 15.3
47
84
37
Highest Earning College Programs 2010 Summary Highest Earning College Programs 2010 Summary Highest Earning College Programs 2010 Summary
Bachelors Degree Graduate Major (TX) Grads Earnings
Engineering 4,554 51,131
Health Professions Related Clinical Sciences 7,644 50,813
Engineering Technologies/Technicians 951 46,075
Computer Information Sciences 1,356 44,408
Business, Management Marketing 21,153 36,261
Mathematics and Statistics 914 33,296
Multi/Interdisciplinary Studies 10,082 31,888
Physical Sciences 1,103 30,828
Liberal Arts Sciences/Humanities 2,359 30,074
Teacher Education Development /Special Ed 1,505 29,594
Agriculture Agriculture Operations 1,804 28,195
Unknown or Undeclared 2,247 27,812
Public Administration Social Service 1,174 27,456
Security Protective Services 2,783 27,039
Social Sciences 6,227 26,795
38
Highest Earning College Programs 2010 Detail View Highest Earning College Programs 2010 Detail View Highest Earning College Programs 2010 Detail View
Bachelors Degree Graduate Major (TX) Grads Earnings
Petroleum Engineering 271 84,961
Quality Control/Safety Technology 30 61,113
Chemical Engineering 405 60,791
Ocean Engineering 71 59,411
Registered Nursing, Nursing Administration 4,745 59,359
Electrical Electronic Engineering 111 55,332
Mechanical Engineering 1,224 53,307
Construction Engineering 54 50,594
Health Diagnostic Treatment Professions 375 49,202
Engineering Science 29 48,601
Computer Systems Networking/Telecomm 26 48,411
Computer Engineering, General 189 47,815
Engineering, General 41 47,751
Computer Systems Analysis 114 47,747
Information Technology Admin Mgmt 64 47,524
39
Lowest Earning College Programs 2010 Detail View Lowest Earning College Programs 2010 Detail View Lowest Earning College Programs 2010 Detail View
Bachelors Degree Graduate Major (TX) Grads Earnings
Pastoral Counseling Specialized Ministries 60 15,205
Germanic Languages Literature 46 17,444
Film/Video and Photographic Arts 142 17,619
Dramatic/Theatre Arts Stagecraft 529 18,304
Classical Languages, Literatures Linguistics 35 18,342
English Composition 44 19,903
Religious Education 56 20,122
Ecology, Evolution and Population Biology 87 20,156
Anthropology 460 20,310
Radio, Television Digital Communication 983 20,413
Health/Medical Preparatory Programs 93 20,547
Parks Recreation Facilities Management 139 20,558
Bible/Biblical Studies 55 20,860
Zoology/Animal Biology 102 21,372
Fine and Studio Art 1,347 21,464
40
Highest Earning Associates Degree Programs 2010 Highest Earning Associates Degree Programs 2010 Highest Earning Associates Degree Programs 2010
Associates Degree Graduate Major (TX) Grads Earnings
Fire Protection 157 68,275
Nuclear Radiologic Technology 33 63,908
Electrical Power Transmission Installers 41 55,835
Registered Nursing, Nursing Administration 5,203 53,648
Mining and Petroleum Technology 24 50,241
Physical Science Technology 457 47,881
Electromechanical /Instrumentation Technology 397 46,151
Quality Control Safety Technology 133 44,685
Chemistry 56 44,599
Industrial Production Technology 97 44,138
Construction Engineering Technology 45 41,789
Mechanical Engineering Related Technology 29 41,622
Precision Metal Working 138 39,817
Electrical/Electronics Maintenance Technology 47 37,500
Dental Support Services Allied Professions 352 37,371
41
Structural Mismatch 2010 Graduates Grads Earnings
Multi-/Interdisciplinary Studies, Other 9,536 32,132
Business Administration, Mgmt Operations 6,056 40,473
Psychology, General 5,169 22,613
Registered Nursing, Nursing Administration 4,745 59,359
Biology, General 4,517 21,737
Health and Physical Education/Fitness 3,457 23,454
Finance Financial Mgmt Services 3,269 37,160
Accounting Related Services 3,083 33,583
Marketing 2,884 31,693
Criminal Justice and Corrections 2,783 27,039
English Language and Literature, General 2,453 23,124
Liberal Arts, General Studies Humanities 2,359 30,074
History, General 2,245 24,016
Political Science Government 2,208 25,037
Public Relations Advertising 1,772 27,579
42
Trends in U.S. Bachelors Degrees Awarded
43
In China today, Bill Gates is Britney Spears. In
America today, Britney Spears is Britney Spears.
And that is our problem. Jerry Yang,
Co-Founder of Yahoo!
44
Emerging Markets in a Global Economy Percent of
2000 2007 Revenue Outside U.S.
  • YUM Brands 34.5 (50.1)
  • Ford 30.4 (53.1)
  • Boeing 34.3 (40.8)
  • Intel 58.8 (84.3)
  • Coca Cola 61.0 (73.8)
  • Corning (70.7)
  • Emerson Electric 40 (51.6)
  • Accenture (60.5)
  • Microsoft (38.7)
  • IBM 57.9 (57.9)
  • Schlumberger (84.9)
  • JNJ 38.2 (47.1)
  • John Deere 25.1 (34.6)
  • Colgate 69.4 (80.3)
  • Nike 50.3 (62.6)
  • Campbell Soup (31.0)
  • Molson Coors (55.4)
  • 3M Corporation (61.4)

45
(No Transcript)
46
(No Transcript)
47
Short-term Forecasted Job Growth by Region
LWDA 2010 2011 2012 AVG 2009-12
Lower Rio Grande/Brownsville 2.5 2.8 2.8 2.7
Travis County/Austin 2.1 2.5 2.7 2.4
South Texas/McAllen 2.0 2.2 2.2 2.2
Alamo/San Antonio 1.8 2.2 2.4 2.1
Rural Capital/Round Rock 1.9 2.2 2.2 2.1
Permian /Midland-Odessa 1.5 2.0 2.1 1.9
Central Texas/ Killeen-Temple 1.4 1.7 1.9 1.7
Upper Rio Grande/ El Paso 1.9 1.6 1.6 1.7
Brazos Valley/ Bryan 1.1 1.6 1.7 1.5
Heart of Texas/ Waco 1.7 1.3 1.3 1.4
North Central Texas/Plano 0.7 1.6 1.6 1.3
East Texas / Tyler 1.3 1.2 1.3 1.3
48
Employer Hiring Progression Shifting Business
Practices
  • Work existing full-time workers more hours
  • Move part-timers to full-time workers
  • Employ temporary or leased workers
  • Use contract workers for fixed periods
  • Reconsider work/hiring location based on
    potential growth markets cost structure
  • Outsource all non-core business functions
  • Consider strategic partnerships to increase
    sales, limit labor liability
  • Take advantage of H1B and L1 visas
  • Add full-time domestic employees (FTE)

49
Percent Job Losses in Recessions 1990-2007
Optimistic
Baseline
Pessimistic
50
Headwinds
51
Regional employers say they want
  • Good communications skills Can you..
  • Explain what youre doing (to co-worker or
    customer)?
  • Explain what you need (from a co-worker or
    customer)?
  • Ability to listen to instructions?
  • 2. Critical thinking skills (if given a sequence
    of events, can you determine what will probably
    happen next)
  • 3. Technical knowledge (degrees needed for half
    of all job openings)
  • Can-do attitude / pleasant attitude (workers who
    are engaged in their work)
  • Can you work with people who are of a different
    age, race, gender and education level than you?

52
There is much more story to tell, but this
version is over
  • Thank you!
  • richard.froeschle_at_twc.state.tx.us

53
Why isnt it Better? A Different Recession
  • Corporations are holding 1.6 trillion in cash
  • Corporate investments low excess capacity,
    emerging markets better bet, spending on
    technology not people
  • 2nd inventory replacement cycle nearly over,
    consumer still hasnt taken up the slack
  • Interest rates are low, MNC hoarding borrowed
    , but overall borrowing down
  • General lack of confidence regulatory
    uncertainty, low consumer confidence
About PowerShow.com