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Bluestone
Bluestone
Bluestone
Bluestone
Bluestone
Bluestone
Bluestone
Bluestone
Bluestone
Bluestone
Bluestone
Bluestone
Bluestone
Bluestone
Bluestone
Bluestone
Bluestone
Bluestone
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Bluestone

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  • Figure 1.1
  • Figure 1.2
  • Figure 1.4
  • Figure 1.5
  • Figure 1.8
  • Table 1.7, continued
  • Figure 1.10
  • Table 1.12
  • Table 1.13
  • Table 1.15 turned into bar chart
  • Figure 6.1
  • Figure 6.2
  • Table 6.8
  • Transcript

    • 1. Barry BluestoneNortheastern University CEOs for CitiesBoston, Massachusetts October 17, 2012
    • 2. 220 230 240 250 260 270 280 290 310 Jan-07 300 298.2 Feb-07 Mar-07 Apr-07 May-07 Jun-07 Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 291.6Source: U.S. Bureau of Labor Statistics Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 May-08 289.2 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 -36,500 jobs Sep-09 Massachusetts Manufacturing Employment Oct-09 252.7 (in thousands) January 2007–December 2009 Nov-09 Dec-09
    • 3. Massachusetts Manufacturing Employment (in thousands, seasonally adjusted) January 2008-June 2012300 290.8290 Stable employment since November 2009 … despite280 Great Recession270260 252.7 250.4250240230220 Jul-08 Jul-09 Jul-10 Jul-11 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Nov-08 Nov-09 Nov-10 Nov-11 Jan-08 Sep-08 Jan-09 Sep-09 Jan-10 Sep-10 Jan-11 Sep-11 Jan-12 May-08 May-09 May-10 May-11 May-12Source: U.S. Bureau of Labor Statistics
    • 4. U.S. Manufacturing Employment• January 2010: 11,458,000• September 2012: 11,942,000 Gain +484,000 jobs
    • 5. Massachusetts Employment by Sector (in thousands) June 2012 Health Care & Social Assistance 514.9 Retail Trade 350.6Professional, Scientific and Technical Servicess 269.3 Accommodation and Food Services 267.6 Local Government 260.4 Manufacturing 250.4 Administration & Support Services 172.1 Finance & Insurance 165.8 Education Services 158.2 Wholesale Trade 125.1 State Government 123.5 Other Services 121.4 Construction 102.2 Information Services 85.9 Transportation, Warehousing, & Utilities 85.9 Management of Companies and Enterprises 58.4 Federal Government 46.7 Arts, Entertainment, and Recreation 42.6 Real Estate and Rental & Leasing 38.2 0 100 200 300 400 500 600Source: Massachusetts Executive Officer of Labor and Workforce Development, CurrentEmployment Statistics (CES 790 Series), July 2012.
    • 6. Change in the Number of Massachusetts Manufacturing Establishments (2002-2011)100 43 0-100 -81 -150-200 -169 -188 -197 -244-300 -267 -326-400-500 -524-600 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011Source: Massachusetts Department of Labor and Workforce Development, ES-202 Employmentand Wage Statistics
    • 7. Manufacturing Share of Private Industry Output (% of GSP) (1997-2011)16.0% 15.0% 14.5% 14.1% 14.2%14.0% 12.1% 12.1% 12.2% 12.0% 12.2%12.0% 11.3% 11.1% 11.2% 11.1% 10.8% 10.8%10.0% 8.0% 6.0% 4.0% 2.0% 0.0% 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011Source: U.S. Bureau of Economic Analysis
    • 8. Productivity in Massachusetts All Industries vs. Manufacturing 1997-2007 2007-2011Productivity Annual Growth Annual Growth Rate RateGSP/Worker – Private +2.3% +1.7%SectorGSP/Worker - +9.7% +8.7%ManufacturingSource: U.S. Bureau of Economic Analysis (Updated June 5, 2012 with revised estimates for1997-2010) (Gross State Product (GSP) is in $millions of chained (real) 2005 dollars)
    • 9. Share of Massachusetts Payroll (2011:3rd Quarter) Top 4 Sectors Percent of Percent ofEmployment Total Massachusetts Massachusetts TotalSector Employment Workforce PayrollHealth Care 532,934 16.6% 15.3%Retail Trade 344,751 10.8% 5.3%Education 282,818 8.8% 8.7%Manufacturing 254,300 8.0% 10.1%Source: Massachusetts Office of Labor and Workforce Development, Employment and Wageshttp://lmi2.detma.org/lmi/lmi_es_asp#IND_LOCATION
    • 10. Massachusetts Manufacturing A Diverse Workforce 2005 2010 Share of Non- Share of Share of Non- Share ofEthnicity Manufacturing Manufacturing Manufacturing Manufacturing Workforce Workforce Workforce WorkforceForeign Born 15.9% 24.4% 18.3% 26.0%Hispanic 5.8% 8.3% 7.3% 9.3%Asian 4.1% 6.5% 5.0% 8.9%African-American 4.9% 3.8% 5.8% 3.4%[i] Hispanic includes Hispanics that are foreign-born and native. The same with Asians and African-Americans.Source: 2010 American Community Survey
    • 11. Proportion of Workforce Age 45 or Older60.00% 53.9% 49.6%50.00% 44.6% 40.5% 41.4%40.00% 36.1%30.00%20.00%10.00% 0.00% 2000 2006 2010 Manufacturing All other industriesSource: American Community Survey, Public Use Files, 2006, 2010, Tabulations by Center for Labor MarketStudies and Dukakis Center for Urban and Regional Policy, Northeastern University
    • 12. Job Openings• Given retirements and normal employee turnover, Massachusetts manufacturers will need to find 100,000 new workers over the next ten years to replace current workforce
    • 13. Expected Production Levels of Massachusetts Manufacturing Firms over the Next Five Years (2012 - 2017) Cessation of Continued production production in but at reduced Massachusetts, 2.5% levels, 7.7% Continued production at current levels, 24.4% Continued production at increased levels, 65.4%Source: Dukakis Center Manufacturing Survey, 2012
    • 14. 5 Year Employment Projections of Massachusetts Manufacturing Firms (2012 – 2017) Reduction of Reduction of Massachusetts Massachusetts Expansion of Employment by 11-25% Employment by >25% Massachusetts Reduction of 1% 2% Employment by >25% Massachusetts 13% Employment by 1-10% 4% Maintenance of Current Expansion of Employment Levels Massachusetts 23% Employment by 11-25% 22% Firms increasing Expansion of Massachusetts Employment: Employment by 1-10% 70% 35%Source: Dukakis Center Manufacturing Survey, 2012
    • 15. Recommendations for Promoting Manufacturing in Massachusetts Very Important orRecommendation Extremely ImportantWorking with School or Community College Instructors to 30.3%Incorporate Industry Standards into CurriculumCreating a certificate in manufacturing technology 27.5%Serving as mentors/advisors at selected vocational schools or 27.4%community collegesSpeaking to Parent Organizations/Student Groups About Careers 24.7%in ManufacturingContributing Machinery, Tools, or Other Materials to Schools 21.0%Exhibiting at Education, Career, and Technology Fairs 19.7%Instituting company-sponsored educational scholarships 14.2%Hiring vocational/community college teachers to train your 11.6%employeesSource: Dukakis Center Manufacturing Survey, 2012
    • 16. Conclusions• Manufacturing is alive and well in the Commonwealth and has a healthy future• Closer cooperation between training institutions and manufacturing can fulfill the sector’s need to replace an aging workforce• Continuing to promote the industry will help secure the Commonwealth’s prosperity for years to come• Older Industrial Cities will benefit the most

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