JCCI Recession Recovery Overview: The State of the Recovery in Northeast Florida
January 5, 2011
How many and what kinds of jobs have been lost since the recession started in 2007?
Peak employment of 639,000 jobs in May 2007 Jacksonville MSA employment has declined by 56,300 jobs to 582,700 as of November 2010 Job loss of almost 9 percent since the peak Construction accounts for over 40% of the total job loss.
2
Current Business Cycle Highest and Lowest Employment Levels
Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Current Employment Statistics Program in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics.
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Industries losing the most jobs: Construction Professional & Business Services Trade, Transportation & Utilities Employment Change May 2007 - November 2010 Construction Professional and Business Services Trade, Transportation, and Utilities Financial Activities Manufacturing
Other Services Leisure and Hospitality Government Mining and Logging Information Education and Health Services -25,000
-20,000
-15,000
-10,000
-5,000
Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Current Employment Statistics Program in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics.
0
5,000
10,000 4
Jacksonville MSA Construction had the greatest percentage loss Industry Employment Percent Change from Peak Level May 2007 - November 2010 Construction Mining and Logging Manufacturing Professional and Business Services Other Services Financial Activities "Trade, Transportation, and Utilities" Leisure and Hospitality Information Government Education and Health Services -50.0%
-40.0%
-30.0%
-20.0%
-10.0%
Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Current Employment Statistics Program in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics.
0.0%
10.0%
20.0%
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Jacksonville MSA Top 15 Unemployment Compensation Claimant Occupations Dec 2009 - Nov 2010
Occupation
Count
Customer Service Representatives
3,293
Administrative Services Managers
1,666
Managers, All Other
1,451
Accountants and Auditors
1,150
Retail Salespersons
1,062
Cashiers
1,056
Carpenters
764
Construction and Related Workers, All Other
728
Construction Laborers
678
Driver/Sales Workers
633
Bus Drivers, School or Special Client
622
Electricians
608
Laborers and Freight, Stock, and Material Movers, Hand
599
Heavy and Tractor-Trailer Truck Drivers
589
Waiters and Waitresses
578
Source: Florida Agency for Workforce Innovation, Unemployment Compensation Program, December 2009-November 2010 .
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Which populations have been most and least affected by unemployment in Northeast Florida? • People aged 30 to 54 represent the largest share of the unemployed • Younger workers (aged 16 to 29) are disproportionately represented in the unemployed Employed 4%
Unemployed
8%
10%
13%
2% 22%
17%
16 to 21 years 22 to 29 years 30 to 54 years 55 to 64 years 65 and over
41%
25%
58%
Source: U.S. Census Bureau, American Community Survey, 2005-2009 Averages.
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Males represent a larger share of the unemployed
Employed
48%
Unemployed
52%
Male Female
Source: U.S. Census Bureau, American Community Survey, 2005-2009 Averages.
46% 54%
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Unemployment Rates Differ by Race and Ethnicity
Unemployment Rate 14.0%
12.0%
10.0%
8.0%
6.0%
4.0%
2.0%
0.0%
White
Black or African American
American Indian
Source: U.S. Census Bureau, American Community Survey, 2005-2009 Averages.
Asian
Some Other Race
Hispanic
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Percent of Employed and Unemployed Differ by Race and Ethnicity
Employed 0.3% 3.2%
Unemployed
White
1.8%
0.5%
2.1%
1.4%
Black or African American
19.8%
American Indian
35.0%
Asian 61.0% 74.9%
Some Other Race
Source: U.S. Census Bureau, American Community Survey, 2005-2009 Averages.
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Poverty Levels Differ by Household Type • Of the labor force, the majority of those below the poverty level are unmarried and worked part-time or not at all • Of the labor force, the majority of those above poverty are marriedcouples working full-time Married-couple, householder worked full-time
Below Poverty Level 28%
Married-couple, householder worked part-time or part-year
4% 10%
Married-couple, householder did not work
Above Poverty Level 5% 4% 14% 44%
Other family, householder worked full-time 15% 32% 11%
Other family, householder worked part-time or part-year Other family, householder did not work
Source: U.S. Census Bureau, American Community Survey, 2005-2009 Averages.
17%
16%
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What role (if any) has education, experience, or skill level played in protecting people from losing their jobs? • Lower educational attainment leads to higher unemployment rates Jacksonville MSA Unemployment Rate 14.0% 12.0% 10.0%
8.0% 6.0% 4.0% 2.0% 0.0% Less than high school graduate
High school graduate
Source: U.S. Census Bureau, American Community Survey, 2005-2009 Averages.
Some college or associate's degree
Bachelor's degree or higher
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Employment and Unemployment Differs by Education Level
Employed
Unemployed Less than high school graduate
7.5%
29.8%
17.2%
17.2%
High school graduate 28.4%
Some college or associate's degree 31.7%
Bachelor's degree or higher
33.9%
34.3%
Source: U.S. Census Bureau, American Community Survey, 2005-2009 Averages
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UC Claimants Differ by Education Level (and Eligibility) UC Claimants by Educational Attainment High school 16%
Less than high school 16%
CC Credit/Vocational/ Associate 20%
Bachelors 4% Masters or higher 1%
Post-Secondary Adult Vocational Certificate(PSAV) 43%
Source: Florida Agency for Workforce Innovation, Unemployment Compensation Program, December 2009-November 2010 .
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Top 15 job openings in the WorkSource Region November 2010 • The majority of job openings require education and training beyond high school
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What can communities and individuals do to be as economically competitive as possible?
Promote a culture of lifelong learning Eradicate the myth that all high school grads need a 4-year degree
• • •
Some need/want to go right to work (with a diploma AND a relevant certification) Majority go to community colleges or technical schools for certifications or associate degrees Some go directly to a college or university
Address the skill gaps of the current workforce
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