Wainfleet Recreation Master Plan Situtation Analysis 2011-06-13
NC Economic Workforce Situtation
description
Transcript of NC Economic Workforce Situtation
![Page 1: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/1.jpg)
ECONOMIC AND WORKFORCE
SITUATION REPORT
June 30, 2009
![Page 2: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/2.jpg)
Employment Security Commission:
Dr. Betty McGrath, Director, Labor Market Information Division
Nelse Grundvig, Manager, Labor Market and Occupational Research
Other Labor Market Information Division staff
Rural Center:
Anne Bacon, Senior Director for Workforce Development
R.V. Rikard, Senior Associate for Research
Research Team
![Page 3: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/3.jpg)
North Carolina Rural Counties
Definition of rural…
Source: U.S. Census Bureau
![Page 4: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/4.jpg)
What is the employment and unemployment situation?
![Page 5: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/5.jpg)
Employment
N.C. Non-agricultural EmploymentAnnual Average 2000-2008
Source: ESC (CES) Note: Y Axis set to 3,700 Thousand
![Page 6: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/6.jpg)
N.C. Non-agricultural EmploymentSeasonally Adjusted Jan. 2008 - May 2009
Source: ESC (CES) Note: Y Axis set to 3700
Employment
![Page 7: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/7.jpg)
N.C. Unemployment Annual Average 2000-2008
Source: ESC (LAUS)
Unemployment
![Page 8: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/8.jpg)
N.C. UnemploymentJan. 2008 - May 2009 – Seasonally Adjusted
Source: ESC (LAUS)
Unemployment
![Page 9: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/9.jpg)
Highest State Unemployment Rates Seasonally Adjusted - May 2009
Rank State Rate
1 Michigan 14.1
2 Oregon 12.4
3/4 South Carolina 12.1
3/4 Rhode Island 12.1
5 California 11.5
6 Nevada 11.3
7 North Carolina 11.1
8 Ohio 10.8
9/10 Tennessee 10.7
9/10 District of Columbia 10.7
U.S. Unemployment Rate: 9.4% Source: ESC (BLS)
Unemployment
![Page 10: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/10.jpg)
Unemployment
Unemployment Rates Seasonally Unadjusted May 2009
Source: ESC
![Page 11: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/11.jpg)
Rural/Urban Unemployment Rates2000-2008
Unemployment
Source: ESC (LAUS)
![Page 12: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/12.jpg)
Rural/Urban Unemployment RatesJanuary 2008 - May 2009
Unemployment
Source: ESC (LAUS)
![Page 13: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/13.jpg)
People Receiving Food Stamps in N.C. April 2007- April 2009
Source: NC Division of Social Services
Impact
![Page 14: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/14.jpg)
Number of ForeclosuresJanuary 2008 – May 2009
Source: N.C. Administrative Office of the Courts
Impact
![Page 15: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/15.jpg)
What do we know about people filing for unemployment
insurance?
![Page 16: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/16.jpg)
Initial Claims for Unemployment InsuranceJanuary 2008 - May 2009
Source: ESC
Unemployment Insurance
![Page 17: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/17.jpg)
Continued Weeks for Unemployment Insurance
January 2008 – May 2009
Source: ESC
Unemployment Insurance
![Page 18: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/18.jpg)
Individuals Exhausting “Regular” Unemployment Insurance
January 1990 – May 2009
Source: ESC
Unemployment Insurance
![Page 19: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/19.jpg)
Who is a dislocated worker?
• Laid off due to no fault of own
• Definition for this presentation
Dislocated Workers
![Page 20: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/20.jpg)
Geography of Dislocated WorkersJanuary 2009 - May 2009
Source: ESC
Dislocated Workers
![Page 21: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/21.jpg)
Sex of Dislocated Workers January 2009 - May 2009
Source: ESC
Dislocated Workers
![Page 22: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/22.jpg)
Age of Dislocated Workers January 2009 - May 2009
Source: ESC
Dislocated Workers
![Page 23: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/23.jpg)
Race/Ethnicity of Dislocated Workers January 2009 - May 2009
Source: ESC
Dislocated Workers
![Page 24: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/24.jpg)
Dislocated workers now vs. early 2000s:
• More urban than before, but still majority rural
• More white; no longer disproportionately black
• Larger majority male
Dislocated Workers
![Page 25: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/25.jpg)
Yet to come – full impact of…
• Auto industry (supplier) layoffs
• Financial services layoffs
• Government job losses
• Budget crisis
Dislocated Workers
![Page 26: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/26.jpg)
Government as Percent of Total Employment2000 – 2008
Source: ESC (CES)
Dislocated Workers
![Page 27: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/27.jpg)
Previous recovery was slow,didn’t reach all
![Page 28: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/28.jpg)
North Carolina Nonfarm EmploymentJanuary 1990 – May 2009
Recovery Challenges
Source: ESC (CES)
![Page 29: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/29.jpg)
Recovery Challenges
North Carolina Manufacturing EmploymentJanuary 1990 – May 2009
Source: ESC (CES)
![Page 30: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/30.jpg)
Poverty2000
Source: U.S. Census Bureau
Recovery Challenges
![Page 31: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/31.jpg)
Poverty2007
Source: U.S. Census Bureau
Recovery Challenges
![Page 32: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/32.jpg)
Re-employment slow
• 59.4% after one year
• 61.9% after two years
(2001 layoffs)
Source: ESC (MLS analysis for Gaining a Foothold)
Personal Recovery Challenges
![Page 33: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/33.jpg)
New jobs pay less
• 78.2% of original wages after one year
• 80.5% after two years
(2001 layoffs)
Source: ESC (MLS analysis for Gaining a Foothold)
Personal Recovery Challenges
![Page 34: NC Economic Workforce Situtation](https://reader036.fdocuments.us/reader036/viewer/2022081413/5461df7daf7959422a8b4ab5/html5/thumbnails/34.jpg)
• Earlier recovery didn’t reach all
• This recession - whole different scale
• Worker dislocation now more widespread• Urban counties hit hard; rural counties hit
harder (some exceptions)
• More to come - key industries• Pain will continue long after economy
starts to turn around
Summary