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State of our Workforce. Prepared for: Arlington Chamber of Commerce. DC Metro Trends. DC Metro Job Change Per Sector. Source: BLS 2011-2012 (Not Seasonally Adjusted), GMU Center for Regional Analysis. DC Metro Unemployment Rate. 8.2 – DC 7.8 – U.S. 5.5 – SMD 3.9 - NVA.
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State of our Workforce Prepared for: Arlington Chamber of Commerce
DC Metro Job Change Per Sector Source: BLS 2011-2012 (Not Seasonally Adjusted), GMU Center for Regional Analysis.
DC Metro Unemployment Rate 8.2 – DC 7.8 – U.S. 5.5 – SMD 3.9 - NVA Source: BLS 2005-2012 (Not Seasonally Adjusted), GMU Center for Regional Analysis.
5.2% Unemployment Rate In DC Metro Area Source: Conference Board HWOL & BLS, 2012.
We Live In A Talent Shortage Area Source: BLS, 2010.
46% Of 25yr+ Population In DC Metro Have Earned At Least A Bachelor’s Degree Source: Conference Board HWOL & BLS, 2012.
The Changing Income Pattern in theDC Metro, 1990 and 2010(percent share, inflation adjusted $s) Income Range1990 2010 $10K-$49K 44% 44% $50K-$79K 31% 14% $80K-$89K 20% 2% $90K and above 4% 39% Source: Bureau of Labor Statistics, Center for Regional Analysis.
We Really Live In A Talent Shortage Area Source: BLS, 11/2012.
Job Opening Breakdown Breakdown of Job Openings • 76% Full-time (80% of which require at least a HS/GED) • 19% Part-time • 5% Temporary/Seasonal Average Wage of Job Openings • Full-time: $25.18 • Part-time: $12.84 Most Part-time Job Openings by Industry • Arts, Entertainment, & Recreation (67% of Openings) • Construction (50%) • Retail Trades (43%) Most Temporary Job Openings by Industry • Hospitality (99% of Openings) • Administration/Waste Management Services (42%) • Retail Trades (18%) Source: VEC, BLS, 2012. Virginia Job Vacancy Survey, Virginia Commonwealth University, October 2012.