GET READY, GET GOING, GET A JOB  EVENT Jobs in Demand An Outlook on Local Employment Needs July 10, 2008 from 8:30 am—3:00...
CURRENT LABOR MARKET DATA Binghamton MSA -  MAY 2008 <ul><li>Unemployment Rate stood at 5.1% </li></ul><ul><ul><li>Up from...
http://www.labor.state.ny.us/
 
Occupational Projections, 2004 - 2014  Southern Tier Region <ul><li>A total of 18,870 jobs (+5.5%) are expected to be crea...
Fastest Growing Occupations 2004-2014 Medical and computer-related occupations  dominate the list of projected fastest-gro...
Occupations with the Most Openings 2004-2014 Dominated by occupations with high replacement need –  mainly due to high tur...
High Wage Occupations Experiencing Growth 2004-2014 Professional and managerial-related occupations  dominate the list of ...
Occupations Experiencing Declines 2004-2014 Dominated by occupations being replaced by technology or production positions ...
Occupations with the Largest Replacement Need 2004-2014 Replacement Need – mainly due to high turnover or aging workforce ...
Occupations with Growth Rates Above that of the State and Nation 2004-2014 4 of 10 are Engineering Related AVG WAGE (2006)...
Growing Occupations Requiring Less than Associates Degree 2004-2014 All occupations within this category have Average Wage...
DOES EDUCATION REALLY PAY?
Source:  Bureau of Labor Statistics
NOT  enough new workers are entering the labor force to replace retiring baby boomers, especially in: <ul><li>Health Care ...
<ul><li>STEM Occupations are Growing </li></ul>S CIENCE (chemist, astronomer, physicist) T ECHNOLOGY (computer programmer/...
<ul><li>STEM Occupations </li></ul><ul><li>Require the ability to think   logically. </li></ul><ul><li>STEM workers   earn...
http://www.labor.state.ny.us/workforceindustrydata/sou/souec.shtm
http://www.labor.state.ny.us/workforceindustrydata/bdirector.shtm
 
<ul><li>Christian D. Harris </li></ul><ul><li>Senior Economist </li></ul><ul><li>New York State Department of Labor </li><...
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Get Ready Get Going Get A Job Presentation (Update) 07 10 08

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Get Ready Get Going Get A Job Presentation (Update) 07 10 08

  1. 1. GET READY, GET GOING, GET A JOB EVENT Jobs in Demand An Outlook on Local Employment Needs July 10, 2008 from 8:30 am—3:00 pm Holiday Inn Arena 2-8 Hawley Street, Binghamton
  2. 2. CURRENT LABOR MARKET DATA Binghamton MSA - MAY 2008 <ul><li>Unemployment Rate stood at 5.1% </li></ul><ul><ul><li>Up from 4.8% in April 2008 and up from 4.1% from a year earlier </li></ul></ul><ul><ul><li>Sandwiched between the State (4.9%) and Nation (5.2%) </li></ul></ul><ul><li>Private Sector Job Count – 90,600 </li></ul><ul><ul><li>Up 100 jobs over-the-year (0.1%) </li></ul></ul><ul><ul><li>Growth slowed from 1.4% and 1.0% experienced in 2006 and 2007. </li></ul></ul><ul><li>Beneficiary Counts (those collecting unemployment insurance) down slightly from year ago levels </li></ul><ul><li>Nearly 1,900 job openings listed with the Dept of Labor (July) </li></ul>
  3. 3. http://www.labor.state.ny.us/
  4. 5. Occupational Projections, 2004 - 2014 Southern Tier Region <ul><li>A total of 18,870 jobs (+5.5%) are expected to be created over the period. </li></ul><ul><li>The top three broad occupational categories by rate of growth are Healthcare Support (+17.9%), Computer and Mathematical (+15.8%) and Community and Social Services (+13.6%) </li></ul><ul><li>The third highest average wage level is also found in the Computer and Mathematical Occupational Cluster ($76,760) </li></ul><ul><li>The only two broad occupational categories that are anticipated to decline are Production (-2.7%) and Office, Clerical and Secretarial (-0.7%) </li></ul>
  5. 6. Fastest Growing Occupations 2004-2014 Medical and computer-related occupations dominate the list of projected fastest-growing jobs. AVG WAGE (2006) GROWTH RATE OCCUPATION $29,080 +26.9 Dental Assistants $54,800 +26.9 Network and Computer Systems Administrators $83,240 +27.8 Computer Software Engineers, Systems Software $49,010 +28.1 Dental Hygienists $30,070 +31.6 Veterinary Technologists and Technicians $24,260 +31.6 Home Health Aides $29,240 +33.3 Painters, Transportation Equipment $31,480 +33.3 Environmental Science and Protection Technicians, Including Health $25,280 +37.0 Medical Assistants $56,320 +39.3 Network Systems and Data Communications Analysts
  6. 7. Occupations with the Most Openings 2004-2014 Dominated by occupations with high replacement need – mainly due to high turnover or aging workforce AVG WAGE (2006) NET GROWTH OCCUPATION Not Available +310 Bill and Account Collectors $23,890 +330 Retail Salespersons $31,600 +350 Social and Human Service Assistants $23,490 +380 Receptionists and Information Clerks $29,830 +420 Customer Service Representatives $21,660 +460 Teacher Assistants $20,420 +580 Personal and Home Care Aides $22,170 +750 Janitors and Cleaners, Except Maids and Housekeeping Cleaners $50,980 +840 Registered Nurses $24,260 +1,100 Home Health Aides
  7. 8. High Wage Occupations Experiencing Growth 2004-2014 Professional and managerial-related occupations dominate the list of projected fastest-growing jobs. AVG WAGE (2006) GROWTH RATE OCCUPATION $103,340 +2.4 Pharmacists $105,410 +7.1 Marketing Managers $110,830 +6.7 Training and Development Managers $113,230 +3.6 Sales Managers $116,890 +5.2 Chief Executives $119,030 +20.0 Pediatricians, General $127,690 +10.7 Engineering Managers $163,040 +9.8 Physicians and Surgeons, All Other $166,360 +6.9 Dentists, General >$166,400 +12.5 Internists, General
  8. 9. Occupations Experiencing Declines 2004-2014 Dominated by occupations being replaced by technology or production positions being outsourced to lower cost countries AVG WAGE (2006) NET DECLINE OCCUPATION $16,900 -90 Cashiers $22,250 -100 File Clerks $23,650 -110 Office Clerks, General $28,390 -120 Parts Salespersons $20,180 -130 Coil Winders, Tapers, and Finishers $30,580 -140 Inspectors, Testers, Sorters, Samplers, and Weighers Not Available -150 Mail Clerks and Mail Machine Operators, Except Postal Service $27,480 -260 Word Processors and Typists $21,280 -560 Stock Clerks and Order Fillers $27,810 -560 Secretaries, Except Legal, Medical, and Executive
  9. 10. Occupations with the Largest Replacement Need 2004-2014 Replacement Need – mainly due to high turnover or aging workforce AVG WAGE (2006) ANNUAL NET REPLACEMENT OCCUPATION $21,660 +130 Teacher Assistants $21,830 +130 Laborers and Freight, Stock, and Material Movers, Hand $23,650 +130 Office Clerks, General $18,520 +140 Food Preparation Workers $22,170 +140 Janitors and Cleaners, Except Maids and Housekeeping Cleaners $50,430 +140 Secondary School Teachers, Except Special and Vocational Education $17,120 +160 Combined Food Preparation and Serving Workers, Including Fast Food Not Available +280 Waiters and Waitresses $23,890 +320 Retail Salespersons $16,900 +450 Cashiers
  10. 11. Occupations with Growth Rates Above that of the State and Nation 2004-2014 4 of 10 are Engineering Related AVG WAGE (2006) NET GROWTH OCCUPATION $67,480 +60 Electrical Engineers $40,480 +60 Electrical and Electronic Engineering Technicians $96,600 +60 Computer Hardware Engineers Not Available +90 Life, Physical, and Social Science Technicians, All Other $49,950 +120 Telecommunications Line Installers and Repairers $68,550 +130 Mechanical Engineers $37,590 +140 Office and Administrative Support Workers, All Other $22,740 +190 Tellers $28,430 +230 Team Assemblers Not Available +310 Bill and Account Collectors
  11. 12. Growing Occupations Requiring Less than Associates Degree 2004-2014 All occupations within this category have Average Wages below that for All occupations ($37,300) AVG WAGE (2006) NET GROWTH OCCUPATION $19,220 +260 Child Care Workers Not Available +310 Bill and Account Collectors $23,890 +330 Retail Salespersons $31,600 +350 Social and Human Service Assistants $23,490 +380 Receptionists and Information Clerks $29,830 +420 Customer Service Representatives $21,660 +460 Teacher Assistants $20,420 +580 Personal and Home Care Aides $22,170 +750 Janitors and Cleaners, Except Maids and Housekeeping Cleaners $24,260 +1,100 Home Health Aides
  12. 13. DOES EDUCATION REALLY PAY?
  13. 14. Source: Bureau of Labor Statistics
  14. 15. NOT enough new workers are entering the labor force to replace retiring baby boomers, especially in: <ul><li>Health Care </li></ul><ul><li>Teaching </li></ul><ul><li>STEM Occupations (Science, Technology, Engineering, Math) </li></ul>
  15. 16. <ul><li>STEM Occupations are Growing </li></ul>S CIENCE (chemist, astronomer, physicist) T ECHNOLOGY (computer programmer/analyst) E NGINEERING (civil, agricultural, biomedical) M ATHEMATICS (actuary, statistician)
  16. 17. <ul><li>STEM Occupations </li></ul><ul><li>Require the ability to think logically. </li></ul><ul><li>STEM workers earned about 70% more than the national average in 2005. </li></ul><ul><li>Starting salaries are higher for STEM workers than for workers in many other disciplines. </li></ul><ul><li>Demand for STEM workers is increasing. </li></ul>
  17. 18. http://www.labor.state.ny.us/workforceindustrydata/sou/souec.shtm
  18. 19. http://www.labor.state.ny.us/workforceindustrydata/bdirector.shtm
  19. 21. <ul><li>Christian D. Harris </li></ul><ul><li>Senior Economist </li></ul><ul><li>New York State Department of Labor </li></ul><ul><li>Division of Research and Statistics </li></ul><ul><li>2001 Perimeter Road East, Suite 3 </li></ul><ul><li>Endicott, NY 13760 </li></ul><ul><li>Phone: (607)741-4485/Fax:(607)741-4527 </li></ul><ul><li>E-mail: [email_address] </li></ul>CONTACT INFO RESEARCH AND STATISTICS

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