NO NOVA VA ECON ONOMIC OMIC OV OVERVIEW RVIEW: LM LMI UP - - PowerPoint PPT Presentation

www.nvcc.edu

NO NOVA VA ECON ONOMIC OMIC OV OVERVIEW RVIEW: LM LMI UP UPDA DATE TE

OCTOBER 5, 2017

www.nvcc.edu

QU QUARTERLY RTERLY UP UPDA DATE

• Curren

ent t unemploy loyme ment t rate (August st 201 017) 7)

• Arlington: 2.5% (-0.3%)
• Alexandria: 2.9% (-0.1%)
• NOVA region: 3.1% (-0.3%)
• Job postin

ings, s, Q3 2017 17 – 20,091 ,091

• Arlington: 12,871
• Alexandria: 7,171
• NOVA region: 84,015

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TOP OP EMPLOYERS OYERS HI HIRING NG IN ARL/A L/ALEX LEX

• Anthem

hem Blue e Cros

• ss

s – 651 651

• Accenture

ture – 576 576

• Booz

z Alle len n Hami milton lton – 543 543

• Deloit
• itte

te – 375 375

• Genera

eral l Dynami amics cs – 273 273

• Inova

a – 269 269

• CSRA

A – 199 199

• Grant

nt Thornton rnton – 183 183

• Mantech

ech Inter ernation ational al – 166 166

• Sunrise

rise Senior nior Livin ing g – 140 140

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TOP OP OC OCCUP CUPATION ATIONS

• Softw

tware are Develop lopers ers – 1,330

• Management

gement analysts ysts – 760 760

• Genera

eral l managers agers – 660 660

• Inform

rmat ation ion security rity analys ysts ts – 606 606

• Comp

mput uter er syst stems ems engine ineer ers/ s/archit architects ects – 587 587

• Regis

ister tered ed nurses ses – 543 543

• Netwo

work rk and comput uter er syst stems ems adminis inistr trators ators – 375 375

• Comp

mput uter er user r suppor

• rt

t specia ialists lists – 363 363

• Comp

mput uter er syst stems ems analys lysts ts – 358 358

• Adminis

inistr trat ative e assistants istants – 336 336

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RETAIL AIL INDU DUSTRY STRY

• Motor

tor vehi hicle cle and d parts dealers lers

• Furnit

iture re / home me furnish shing g stores res

• Electr

tronics cs and d appliance ce store res

• Buildin

ding materi erial al and garden den equipmen pment t dealers lers

• Foo
• od

d and d beve verage age stores

• res
• Health

th and personal l care e st stores

• res
• Gas stati

tion

• ns
• Cloth

thing g stores

• res
• Sport

rting ing goods,

• ds, hobb

bbies ies, and book

• k st

store res

• Genera

eral l merchan rchandise se store res

• Miscellan

ellaneous

• us store

re retai ailers lers

• Non
• nsto

tore re retail ilers ers

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RETAIL AIL INDU DUSTRY STRY

• Curren

ent t employm

• yment
• Arlington/Alexandria – 17,568 employees
• NOVA region – 124,862 employees
• D.C. metro – 289,138 employees
• Growt

wth, h, past 5 years

• Arlington/Alexandria – (391 jobs)
• D.C. metro – 14,177 jobs
• United States – 1.07 million jobs

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IS RE S RETAI AIL L A DY DYING G INDU DUSTRY STRY?

• Growt

wth h is is pr proje jected cted at 0.5% 5% over the next 10 years; ; slig ightly tly lower r than average ge

• In N

NOVA, A, growth th is is pr projec jecte ted d at 0.6% 6%, , about t half the average growth th for the regio ion

• Most common

mmon occ ccupa upati tion

• ns

s in in t the in indu dustry: y:

• Retail salespersons
• Cashiers
• Stock clerks / order fillers
• Retail Supervisors

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RETAIL INDUSTRY SUBSET: “STORES”

• Curren

ent t employm

• yment
• Arlington/Alexandria – 7,734 employees
• D.C. metro – 128,382 employees
• United States – 7.2 million employees
• Growt

wth, h, past 5 years

• Arlington/Alexandria (-3.0%)
• D.C. metro (-0.5%)
• United States (0.4%)

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RETAIL “STORES” JOB POSTINGS

• 5,55

556 6 postin ings in in D.C. metro ro over the last 90 da days

• 388 of these postings in Arlington/Alexandria
• Most common

mmon occ ccupa upati tion

• ns

s adv dvertis ised d for

• Retail salespersons
• Retail supervisors
• Sales representatives
• Merchandise displayers
• Stock clerks

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RET ETAIL AIL EM EMPLOYERS OYERS HI HIRING ING IN IN D. D.C. . METRO, RO, PAST ST 90 DA DAYS

• Best

t Buy

• Macy’s
• Sears

rs

• Target

et

• Toys

s R Us

• Petco

co

• Dick’s Sporting Goods
• The Gap
• H&M

H&M

• Stap

aples les

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IS RE S RETAI AIL L DY DYING? G?

• Answer:

: Unknown. . Keep c close

• ser

r eye on em employm

• ymen

ent t trends ds in in t this is in indu dustry ry over the next few years; ; less focus on “job advertisements” as they may not accura urately tely reflect ect de demand as d as w we know many of the brands ds adv dvertisi ising g jo jobs s local ally ly are scalin ing g back k

• peration

ions. s.

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HE HEALTHC THCARE ARE CAREER ER LADD DDER

• www.nvc

vcc.ed c.edu/w u/workforce/

• rkforce/res

esearch.htm rch.html