Nebraska Labor Market Trends

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NEBRASKA LABOR MARKET TRENDS Mary Findlay Office of Labor Market Information 402-471-9915 [email protected] neworks.nebraska.gov/

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Nebraska Labor Market Trends. Mary Findlay Office of Labor Market Information 402-471-9915 [email protected] neworks.nebraska.gov/ . Unemployment Rates by County for December 2012 . Nebraska Rate 3.7% not seasonally adjusted National Rate 7.6% not seasonally adjusted. - PowerPoint PPT Presentation

Transcript of Nebraska Labor Market Trends

Page 1: Nebraska  Labor Market Trends

NEBRASKA LABOR MARKET TRENDS

Mary FindlayOffice of Labor Market Information402-471-9915mary.findlay@nebraska.govneworks.nebraska.gov/

Page 2: Nebraska  Labor Market Trends

Unemployment Rates by County for December 2012

Nebraska Rate 3.7% not seasonally adjustedNational Rate 7.6% not seasonally adjusted

Page 3: Nebraska  Labor Market Trends

Area Labor Force InputsJobless who came from UI covered firms

Records of jobless who claim from state, federal or railroad UI systemEstimates of

jobless who file late or never claim UI benefits

Disqualified claimants and jobless with exhausted benefits

Partial claims by underemployed workers

New jobless entering the labor market

Population estimates of new entrants and those returning after one year of absence

Jobless from firms not covered by UI

Employer reports to DOL

Workers in firms covered by UIReports of workers on strike

Estimates from Census Data• Surveys• Agency

reports• Projecte

d trends

Workers in firms not covered by UI including: Nonprofits; Domestic workers; Unpaid family workers; Local government;Agriculture

Estimates from Census Data• Surveys• Agency reports• Projected trends

Estimates of Area UnemploymentEstimates of Area Employment

Note: Area and state statistics are adjusted to be consistent with national data

Page 4: Nebraska  Labor Market Trends

Nebraska Snapshot  December 2012 November 2012 Difference National Unemployment Rate * 7.8% 7.8% 0.0 Nebraska Unemployment Rate * 3.7% 3.7% 0.0 Total Employed Individuals 990,742 986,706 4,036 Total Unemployed Individuals 38,540 38,183 357 Total Nonfarm Employment 958,211 960,254 -2,043

  November 2012 November 2011 Difference

Cumulative Regular Benefits Paid $111,201,35

3 $141,213,707 -30,123,354 Cumulative Extended Benefits Paid $75,449,109 $115,439,167 -39,990,058  December 2012 December 2011 Difference Individuals Receiving Services 18,572 19,671 -1,099 Job Orders Created 2,474 1,761 713 Resumes Posted 4,012 4,568 -556

* Seasonally Adjusted

Page 5: Nebraska  Labor Market Trends

Labor Force vs. Workforce – What’s the Difference?

Count of people by location

Includes people who are living in NE

Includes unemployed people who are looking, able and available for work

Includes agricultural employment

Count of jobs – not people

Doesn’t include agriculture

Includes jobs not covered by unemployment insurance

Estimates are produced by the Bureau of Labor Statistics

Labor Force Workforce

Page 6: Nebraska  Labor Market Trends

Total Nonfarm Employment

Janua

ry

Febru

aryMarc

hAp

ril May June Jul

yAu

gust

Septe

mber

Octobe

r

Novem

ber

Decembe

r910,000920,000930,000940,000950,000960,000970,000980,000

2008 2009 2010 2011 2012

December 2012 was 0.9% lower than December 2008

Page 7: Nebraska  Labor Market Trends

Manufacturing Employment

July 2012 6.3% lower than July 2008

Janua

ry

Febru

aryMarc

hAp

ril May June Jul

yAu

gust

Septe

mber

Octobe

r

Novem

ber

Decembe

r88,00090,00092,00094,00096,00098,000

100,000102,000104,000

2008 2009 2010 2011 2012

December 2012 was 3.3% lower December 2008

Page 8: Nebraska  Labor Market Trends

Education, Health & Social Assistance Employment

Janua

ry

Febru

aryMarc

hAp

ril May June Jul

yAu

gust

Septe

mber

Octobe

r

Novem

ber

Decembe

r112,000114,000116,000118,000120,000122,000124,000126,000

2008 2009 2010 2011 2012

December 2012 was 6.5% higher than December 2008

Page 9: Nebraska  Labor Market Trends

Alternative Measures of Labor Underutilization as Percent of Civilian Labor Force

U-6, total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons

U-5, total unemployed, plus discouraged workers, plus all other marginally attached workers

U-4, total unemployed plus discouraged workers

U-3, total unemployed (official unemployment rate)

U-2, job losers and persons who completed temporary jobs

U-1, persons unemployed 15 weeks or longer

0 2 4 6 8 10 12 14 16

15

9.7

8.8

8.3

4.6

4.7

9.1

5.0

4.5

4.2

2.0

1.7

Page 10: Nebraska  Labor Market Trends

Science, Technology, Engineering, and Math (STEM) Occupations Poster

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Battelle Industry Cluster Reports

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Battelle Industry Cluster Report - continued

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Battelle Industry Clusters – select alternate industries

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Battelle Industry Clusters Selections

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$1million over 3 years to establish an education and workforce data warehouse

Examine and assess adult training and education programs and their outcomes

Result: better information for customers and stakeholders for program enhancement

Met with Adult Basic Education to begin obtaining information for an MOU.

Workforce Data Quality Initiative Grant

Page 16: Nebraska  Labor Market Trends

Mary Findlay Research Analyst

550 S. 16th St, P.O. Box 94600, Lincoln, NE 68509-4600 Telephone: 402-471-9915 Fax: 402-471-9867

[email protected] www.dol.nebraska.gov

Questions? Need Additional Information? Please Contact me