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Greater New Bedford Wia
Greater New Bedford Wia
Greater New Bedford Wia
Greater New Bedford Wia
Greater New Bedford Wia
Greater New Bedford Wia
Greater New Bedford Wia
Greater New Bedford Wia
Greater New Bedford Wia
Greater New Bedford Wia
Greater New Bedford Wia
Greater New Bedford Wia
Greater New Bedford Wia
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Greater New Bedford Wia

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    • 1. Employment Trends: What is happening in Greater New Bedford WIA? Navjeet Singh Vice President, Research and Evaluation 617-727-8158 [email_address] Jonathan Latner Research and Evaluation Analyst 617-727-8158 [email_address]
    • 2. Employment Trends: What is happening in Greater New Bedford WIA?
      • Massachusetts Employment Trends
      • Greater New Bedford Job and Employment Trends
      • Job Vacancies
      • Workforce Development Implications
    • 3. Massachusetts Employment Trends Source: Department of Labor and Workforce Development CES Data, Seasonally Adjusted Data *Massachusetts Budget and Policy Center, State of Working Massachusetts, 9/3/06 January, 2001 – January, 2007 Employment is recovering from recession, but has not equaled its Peak: Feb, 2001 MA is 1 of 6 states that has not reached pre-recessionary employment numbers*
    • 4. Do We Have Enough Workers Now? Many people are seeking work
      • From 2001 to 2005, in Massachusetts:
      • 132,000 fewer employed
      • Population is increasing slightly
      • 27,000 more “unemployed”
      • 32,000 more working part-time
      • 11,200 more marginally attached >> left the labor force shortly before
      Note: Based on 12 month averages from Current Population Survey (CPS) Source: BLS (CPS) & Census (Non-employer) Source: Census American Community Survey (ACS)
    • 5. Massachusetts employment growth Growth projected, 2005-2010 (‘000) Source: CommCorp Analysis of New England Economic Partnership Data = Net New Jobs in Future Includes Replacement Jobs and New Jobs = Current Hiring Needs Job Vacancies, Q2, 2006 (‘000)
    • 6. Greater New Bedford WIA, Southeastern Mass. RCC & New Bedford NECTA
    • 7. A closer look at the Employed and Unemployed: New Bedford WIA
      • Compared to the employment peak in 2001, in 2005 in
      • New Bedford WIA:
      • Population is flat
      • Labor force increased by 2,400
      • The number unemployed increased by 1500
      • Employment was higher by 3000
      Note: Based on 12 month averages from LAUS (DWD) & CES (BLS) data as well as Census Population Estimates (DWD)
    • 8. Greater New Bedford WIA: Employment by Industry Source: Massachusetts Department of Workforce Development ES-202, 2005 Annualized Employment (2005)
    • 9. Gr. New Bedford: Employment changes 2001-2005 Source: Massachusetts Department of Workforce Development ES-202, 2005 Annualized Employment (2005) Employment Change (2001 – 2005)
    • 10. Employment: Greater New Bedford compared to Massachusetts? Source: Massachusetts Department of Workforce Development ES-202, 2005 Annualized
    • 11. Recent Employment trends and Regional Vacancy Rates Source: Massachusetts Department of Workforce Development ES-202, 2005 Annualized Job Vacancy Survey, 2 nd Quarter, 2006 New Bedford Employment Growth (Q2, 2005 – Q2, 2006) Note: JVS Available only at RCC Level. Information presented here represents Southeast RCC, not just New Bedford WIA Southeast Job Vacancies Q2, 2006
    • 12. Average Industry Pay: Greater New Bedford compared to Massachusetts Source: Massachusetts Department of Workforce Development ES-202, 2005 Annualized Job Vacancy Survey, 2 nd Quarter, 2006 Annual Pay
    • 13. Implications for Workforce Development
      • Need to retrain and place displaced workers from
        • Manufacturing
        • Construction
      • Long-term need: address the need of growth sectors for educated and highly skilled workers
        • Healthcare
        • Education
      • Long-term need: improve educational attainment. This may be done as part of an economic development strategy in partnership with education/research institutions and employers, to ensure that education and skills needed locally are developed

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