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The good, the bad and the ugly…

The good, the bad and the ugly…. Tammy Marino Associate Economist NYS Department of Labor Division of Research & Statistics (585) 258-8870 Tammy.marino@labor.state.ny.us www.labor.state.ny.us/workforceindustrydata/fin/index.shtm. March 18, 2009 Finger Lakes Workforce Investment Board.

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The good, the bad and the ugly…

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  1. The good, the badand the ugly… Tammy Marino Associate Economist NYS Department of Labor Division of Research & Statistics (585) 258-8870 Tammy.marino@labor.state.ny.us www.labor.state.ny.us/workforceindustrydata/fin/index.shtm March 18, 2009 Finger Lakes Workforce Investment Board

  2. Private Sector EmploymentUnited StatesJanuary 2008-January 2009 Employment declined 3.7 million (-3.2%) over-the-year.

  3. Private Sector EmploymentRochester MSAJanuary 2008-January 2009 Employment down 1,400 (-0.3%) over-the-year.

  4. Unemployment Rates(January of each year) Rochester MSA U.S. FLR 2009 8.0% 8.5% 8.6% 20085.7% 5.4% 6.1%

  5. Unemployment Rates

  6. Private Sector EmploymentRochester MSA(January of Each Year) Employment down 16,500 (-3.7%) since its peak in 2001.

  7. Two Trends Driving Change…Rochester MSA1990-2008 Locally manufacturing comprises: 14% of employment and 22% of wages (Nationally manufacturing accounts for 11% of employment)

  8. Employment by Industry4-County Finger Lakes Region-2nd Quarter 2008

  9. Industries that Lost Jobs4-County Region 2Q 2005 to 2Q 2008

  10. Industries that Gained Jobs4-County Region 2Q 2005 to 2Q 2008

  11. Trends in Today’s Economy • More Women in the Workforce • Baby Boomers are Retiring • Aging Out of the Workforce • Service Based Economy • Global Trade • Technology Advances Spas, financial services, lawn services, landscaping Hands on careers-hvac, nursing, spas, education, daycare, pet care

  12. Fastest Growing OccupationsFinger Lakes Region2006-2016

  13. Fastest Growing Occupations continued…

  14. Occupations Requiring a Bachelor’s Degree, Finger Lakes, 2006-2016 % Growth Fastest Growing Occupations Median Wage Network Systems & Data Communications Analysts 40.0% Physician Assistants 39.6% Personal Financial Advisors 32.7% Computer Software Engineers, Systems Software 31.9% Database Administrators 31.2% $68,560 $72,010 $84,370 $81,330 $71,450 Occupations with Most Annual Openings Openings/Year $63,170 $64,440 $60,560 $62,610 $71,530 Elementary School Teachers, Ex. Special Ed. 220 Secondary School Teachers, Ex. Special & Vocational Ed. 210 Accountants and Auditors 180 Middle School Teachers, Ex. Special and Vocational Ed. 90 Computer Systems Analysts 90 Source: New York State Department of Labor

  15. Occupations Requiring an Associate Degree, Finger Lakes, 2006-2016 Median Wage Fastest Growing Occupations % Growth $32,520 $36,640 $59,090 $27,220 $42,650 Medical Records and Health Info. Technicians 35.6% Physical Therapist Assistants 34.6% Dental Hygienists 29.9% Veterinary Technologists and Technicians 28.1% Cardiovascular Technologists and Technicians 27.6% Occupations with Most Annual Openings Openings/Year Registered Nurses 330 Computer Support Specialists 100 Paralegals and Legal Assistants 30 Radiologic Technologists and Technicians 10 Dental Hygienists/Assistants/Lab Technicians 60 $60,780 $47,940 $43,250 $50,570 $59,090 Source: New York State Department of Labor

  16. Occupations Requiring Either Postsecondary Training or Long-term OTJ Training, Finger Lakes, 2006-2016 Median Wage Fastest Growing Occupations* % Growth $33,260 $52,530 $41,830 $34,440 $52,550 Fitness Trainers & Aerobics Instructors 30.8% Electricians 29.3% Heating, AC, & Refridge. Mechanics & Installers 26.2% EMTs and Paramedics 24.1% Plumbers, Pipefitters, & Steamfitters 23.5% Occupations with Most Annual Openings Openings/Year $46,670 $35,860 $53,690 $40,640 $52,530 Nursing Aides, Orderlies & Technicians 140 Licensed Practical Nurses 130 Police and Sheriff's Patrol Officers 70 Carpenters 130 Electricians 60 Source: New York State Department of Labor

  17. Occupations Requiring Moderate to Short-term OTJ Training, Finger Lakes, 2006-2016 Occupations with Most Annual Openings Median Wage Openings/Year Customer Service Representative 340 Child Care Workers 290 Janitors and Cleaners 290 General Office Clerks 250 Teacher Assistants 230 Bookkeeping, Accounting, and Auditing Clerks 210 Farmworkers and Laborers 200 Laborers and Freight Movers 200 Home Health Aides 190 Executive Secretaries and Administrative Assistants 180 $29,300 $19,000 $21,500 $20,300 $32,000 $19,600 $22,300 $23,100 $20,700 $38,300 Source: New York State Department of Labor

  18. Occupations Requiring Moderate to Short-term OTJ Training, Finger Lakes, 2006-2016 Occupations with Most Annual Openings Median Wage Openings/Year Truck Drivers, Heavy and Tractor Trailer 120 Landscaping and Groundskeeping Workers 110 Security Guards 110 Social and Human Service Assistants 100 Correctional Officers and Jailers 80 Construction Laborers 70 $35,300 $23,200 $24,000 $25,400 $54,000 $33,700 Source: New York State Department of Labor

  19. When will the economy turn around?

  20. Recession Proof Jobs • Education • Teacher, Teacher Assistant, Instructor • Health Care • Nurse, Pharmacist, Physician Assistant • Energy • Alternative Energy (solar, wind, biofuel…) • Environmental • Ecologists, Hydrologists, Environmental Chemists • Security • Police Officer, Detective, Security Guard, Homeland Security

  21. Long Term Trends • Network Systems and Data Communications Analysts • Computer Software Engineers, Applications • Home Health Aides • Personal and Home Care Aides • Medical Assistants • Dental Hygienists • Dental Assistants • Physical Therapist Assistants • Substance Abuse and Behavioral Disorder Counselors • Computer Systems Analysts • Physical Therapist Aides • Network and Computer Systems Administrators

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