Construction Sector Department of Employment, Training & - - PowerPoint PPT Presentation
Construction Sector Department of Employment, Training & Rehabilitation Bill Anderson, Chief Economist Christopher Robison, Supervising Economist Hayley Smith-Kirkham, Economist Prepared by the Research and Analysis Bureau The Nevada
The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
NV vs. the U.S. unemployment rate (SA)
0% 2% 4% 6% 8% 10% 12% 14% 16% '07 '08 '09 '10 '11 '12 '13 '14 '15 '16 Nevada U.S.
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The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
unemployment rate for Nevada Vets vs. total (12-month moving average)
0% 2% 4% 6% 8% 10% 12% 14% 16% '07 '08 '09 '10 '11 '12 '13 '14 '15 '16 Total Rate Veterans' Rate
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The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
FT vs. PT employment; (12-month moving average)
200,000 400,000 600,000 800,000 1,000,000 1,200,000 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16 Full-Time Part-Time
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The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
initial claims for unemployment insurance
5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16 Claims 12-Month Moving Average
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The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
nonfarm jobs in Nevada (SA)
1,000,000 1,050,000 1,100,000 1,150,000 1,200,000 1,250,000 1,300,000 1,350,000 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16
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The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
job growth (SA; year-over-year)
0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000 55,000 S O N D J F M A M J J A S O N D J F M A M J J A '14 '15 '16 percent change jobs Jobs
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The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
employment in establishments with less than 100 workers
450,000 470,000 490,000 510,000 530,000 550,000 570,000 590,000 610,000 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16
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The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
job growth (year-over-year)
0% 2% 4% 6% '07 '08 '09 '10 '11 '12 '13 '14 '15 '16 Nevada U.S.
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The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
job growth rankings (# of states with slower private sector job growth than NV)
50 46 14 2 14 24 38 49 48 40 10 20 30 40 50 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16 YTD
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The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
2015:IIIQ Nevada workforce by age
0% 10% 20% 30% 40% 50% 60% Retail Trade Information Finance/Insurance Accommodation/Food Services Arts/Entertainment/Recreation Other Services Health Care/Social Assistance Administrative/Support/Waste… Statewide Mining/Quarrying/Oil/Gas Extraction Construction Management of Companies/Enterprises Professional/Scientific/Technical Services Real Estate/Rental/Leasing Wholesale Trade Manufacturing Agriculture/Forestry/Fishing/Hunting Transportation/Warehousing Public Administration Educational Services
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The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
number of Nevada employers
50,000 52,000 54,000 56,000 58,000 60,000 62,000 64,000 66,000 68,000 70,000 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16
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The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
new-hire monthly earnings vs. total average earnings
$0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 $4,500 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 Total Average Earnings New-Hire Earnings
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The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
average monthly earnings for jobs lost vs. new-hire earnings
$0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 New-Hire Earnings Earnings for Jobs Lost
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The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
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The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
Source: Economic Modeling Specialists Intl. (EMSI)
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The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
2016 employment
Source: Economic Modeling Specialists Intl. (EMSI) Page 16
The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
construction industries
Source: Economic Modeling Specialists Intl. (EMSI) Page 17
The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
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The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
2016 employment and projected growth by 2024
Source: Economic Modeling Specialists Intl. (EMSI) Page 19
The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
construction occupations
Source: Economic Modeling Specialists Intl. (EMSI) Page 20
The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
Source: Economic Modeling Specialists Intl. (EMSI) Page 21
The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
construction online job postings
Source: Labor Insight/Burning Glass Technologies Page 22
The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
Source: Occupational Information Network (O*NET) Tools Skills Knowledge
Biscuit jointers Active Listening Building and Construction Guide jig Monitoring Mathematics Jacks Speaking English Language Ladders Active Learning Mechanical Levels Complex Problem Solving Design
Technologies Abilities Work Activities
Accounting software Manual Dexterity Getting Information Computer aided design CAD software Problem Sensitivity Inspecting Equipment, Structures, or Material Information retrieval or search software Trunk Strength Performing General Physical Activities Internet browser software Visualization Handling and Moving Objects Office suite software Information Ordering Organizing, Planning, and Prioritizing Work
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The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
Source: Labor Insight/Burning Glass Technologies
Baseline Skills Specialized Skills Data Software Skills
Project Management Repair Microsoft Excel Communication Skills Project Management Microsoft Office Physical Demand Construction Management Microsoft Word Troubleshooting Scheduling Microsoft Powerpoint Organizational Skills Customer Service Microsoft Project Supervisory Skills Budgeting AutoCAD Building Effective Relationships Inspection Microsoft Outlook Microsoft Excel Plumbing Primavera Planning Occupational Health and Safety Word Processing Quality Assurance and Control Supervisory Skills Oracle
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The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
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The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency Location Quotients (LQs) are used to identify potential sources of competitive advantage, or areas of regional specialization. LQs measure the relative concentration of a given industry or
LQs are calculated by dividing the proportion of the state’s economic activity in an industry or in an occupation, by the proportion of the nation’s economic activity in that same industry or
LQs of 1.2 or higher indicate some degree of specialization. LQs of 0.8 to 1.2 indicate normal distribution of industry within the region. LQs of less than 0.8 may indicate that the region may be deficient. Limitations of on-line job postings: Jobs requiring low skills/low wages tend to use alternative methods of attracting job seekers and are under represented in online ads. Internal company hiring and union hiring are often not captured by online ads. Online job posting volume does not necessarily correlate with the level of job openings or hiring. The percentage of job postings that specify a certification is small limiting how representative the data is. Algorithmic ad parsing can lead to miscoding occupations and skills due to similarities between abbreviations and other letter combinations, etc.
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The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency In online job postings Burning Glass reports licenses and certifications together. The mean salary data in job postings reflects the salary listed by employers in job postings, adjusted to be equivalent to a full-time, annual wage. If a salary range is specified, the median
High ad volume often occurs for occupations/industries that are having difficulty finding qualified candidates, high turnover positions/recurring openings, or when companies are building large candidate pools. Online job postings should only be used with caution when developing/analyzing time series trends due to the constant changes in the rate of online advertising usage and in the methods used for collecting the data.
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The Nevada Department of Employment, Training and Rehabilitation is a proactive workforce & rehabilitation agency
Department of Employment, Training and Rehabilitation Research and Analysis Bureau Bill Anderson Chief Economist wdanderson@nvdetr.org Christopher Robison Supervising Economist c-robison@nvdetr.org (775) 684-0450 http://www.nevadaworkforce.com follow us on Twitter @nvlabormarket
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