WWW IOWALMI GOV LABORSHED 2020 · 2020. 8. 27. · (816,096) (109,159) (42,624) (71,733)...

4
GREATER DES MOINES 1,039,613 880,253 REGIONAL LABORSHED AREA A STUDY IN LABOR AVAILABILITY AND WORKFORCE CHARACTERISTICS ESTIMATED POPULATION AGES 18-64 TOTAL ESTIMATED LABOR FORCE AGES 18-64 AREA SHOWN RELEASED 2020 EXECUTIVE SUMMARY WWW.IOWALMI.GOV/LABORSHED

Transcript of WWW IOWALMI GOV LABORSHED 2020 · 2020. 8. 27. · (816,096) (109,159) (42,624) (71,733)...

Page 1: WWW IOWALMI GOV LABORSHED 2020 · 2020. 8. 27. · (816,096) (109,159) (42,624) (71,733) *Employment status is self-identified by the survey respondent. The unemployment percentage

GREATER DES MOINES

1,039,613

880,253

REGIONAL LABORSHED AREA A STUDY IN LABOR AVAILABILITY AND WORKFORCE CHARACTERISTICS

ESTIMATED POPULATION AGES 18-64

TOTAL ESTIMATED LABOR FORCE AGES 18-64

AREA SHOWN

RELEASED

2020 EXECUTIVE SUMMARY WWW.IOWALMI.GOV/LABORSHED

Page 2: WWW IOWALMI GOV LABORSHED 2020 · 2020. 8. 27. · (816,096) (109,159) (42,624) (71,733) *Employment status is self-identified by the survey respondent. The unemployment percentage

GREATER DES MOINES REGIONAL LABORSHED ANALYSIS A Laborshed

area is defined by its commuting

pattern and illustrates which

communities contribute to an

employment center’s

workforce and at what level. To

determine the boundaries of a Laborshed area, local employers

supply the residential ZIP

codes of each of their employees. The data in this

publication reflects

characteristics specific to the

workforce in the Greater Des

Moines Regional

13

The employed are currently commuting an average of—

&

miles one-way for an

employment opportunity

6.9%

4.1%

10.5%

78.5% Employed

*Unemployed

Homemakers

Retired

(816,096)

(109,159)

(42,624)

(71,733)

*Employment status is self-identified by the survey respondent. The unemployment percentage above does not reflect the unemployment rate published by the U.S. Bureau of Labor Statistics, which applies a stricter definition.

Employed - Likely to Change Employment

Unemployed - Likely to Accept Employment

Homemakers - Likely to Accept Employment

Retired - Likely to Accept Employment

27.1% 61.0%

16.0% 46.4%

Who

lesa

le &

Reta

il Tr

ade, 15.7

%

Healthc

are

& S

oci

al Serv

ices, 1

2.4

%

Educ

ation,

11.3

%

¹Fin

anc

e, 10.1

%

Manu

fact

urin

g,

10.0

%

Pro

fess

iona

l Serv

ices, 1

0.0

%

Cons

truc

tion,

8.2

%

²Gove

rnm

ent

, 7.8

%

³Tra

nspota

tion,

6.2

%

Pers

ona

l Serv

ices, 4

.1%

⁴Agricu

ltur

e, 3.1

%

Ente

rtain

ment

& R

ecr

eation, 1.1

%

E M P L O Y M E N T S T A TU S (ESTIMATED TOTAL)*

(12

8,1

27

)

(81

,61

0)

BREAKOUT OF THE EMPLOYED BY INDUSTRY (ESTIMATED TOTAL)

(10

1,1

96

)

(92

,21

9)

(82

,42

6)

(81

,61

0)

(66

,92

0)

(63

,65

5)

(50

,59

8)

(33

,46

0)

(25

,29

9) (8

,977

)

¹Finance, Insurance, & Real Estate ²Public Administration, Government ³Transportation, Communications, & Utilities ⁴Agriculture, Forestry, & Mining

Totals may vary due to rounding.

TOP CURRENT BENEFITS OF THE FULL-TIME EMPLOYED

Health/Medical

Insurance86.0%

Dental Coverage 80.0%

Pension/

Retirement/401K79.6%

Paid Holidays 76.2%

Vision Coverage 74.0%

Life Insurance 72.5%

Disability

Insurance69.3%

Paid Vacation 63.9%

Paid Sick Leave 57.2%

Paid Time Off 48.4%

Less than H.S.

Diploma, 2.1%

H.S. Diploma/

Equivalent,

17.0%

Some Education

Beyond H.S., No

Degree, 21.1%Trade

Certification,

1.7%

Vocational

Training, 2.3%

Associate

Degree, 12.0%

Bachelor's

Degree, 33.0% Master's/

Doctorate/

Professional

Degree, 10.8%

18 minutes

Page 3: WWW IOWALMI GOV LABORSHED 2020 · 2020. 8. 27. · (816,096) (109,159) (42,624) (71,733) *Employment status is self-identified by the survey respondent. The unemployment percentage

Less than H.S.

Diploma, 5.2%

H.S. Diploma/

Equivalent,

28.3%

Some Education

Beyond H.S., No

Degree, 27.2%Trade

Certification,

4.0%

Vocational

Training, 1.2%

Associate

Degree, 8.7%

Bachelor's

Degree, 20.2%

Master's/

Doctorate/

Professional

Degree, 5.2%

UNEMPLOYED : L IKELY TO ACCEPT

EMPLOYED : L IKELY TO CHANGE

Professional, Paraprofessional, Technical 33.3%

Production, Construction, Material Moving 16.3%

Clerical 14.8%

Managerial 14.3%

Service 13.0%

Sales 7.1%

Agricultural 1.2%

27.1% of employed individuals are likely to change their current employment situation for a new opportunity.

Current occupational categories:

Current median wages: $

$15.00/hour and $61,500/year $20.00/hour - attracts 66% $23.00/hour - attracts 75%

80.9% have an education beyond HS

Professional, Paraprofessional, Technical 24.1%

Production, Construction, Material Moving 22.8%

Service 15.9%

Sales 14.5%

Clerical 12.4%

Managerial 9.7%

Agricultural 0.6%

61.0% of unemployed individuals are likely to accept an employment opportunity.

Former occupational categories:

Median wages: $

$12.00/hour - lowest willing to accept $15.00/hour - attracts 66% $15.69/hour - attracts 75%

66.5% have an education beyond HS

Less than H.S.

Diploma, 2.1%

H.S. Diploma/

Equivalent,

17.0%

Some Education

Beyond H.S., No

Degree, 21.1%Trade

Certification,

1.7%

Vocational

Training, 2.3%

Associate

Degree, 12.0%

Bachelor's

Degree, 33.0% Master's/

Doctorate/

Professional

Degree, 10.8%

Top newspapers:

11.0%

12.0%

18.1%

33.4%

86.0%

Private Employment Services

Job/Career Fairs

IowaWORKS Centers

Networking

Internet

29.7% are actively seeking employment Most frequently identified job search

resources:

Top sites:

Commute: Currently commuting an average of 13

miles/18 minutes (one-way) to work Willing to commute an average of 27

miles/36 minutes (one-way) to work

18.7%

24.6%

29.2%

74.9%

Walk-in(door-to-door) Solicitation

Networking

IowaWORKS Centers

Internet

64.6% are actively seeking employment Most frequently identified job search

resources:

Top sites:

Commute: Willing to commute an average of 24

miles/32 minutes (one-way) to work

Top newspapers:

indeed.com linkedin.com monster.com The Des Moines Register

indeed.com linkedin.com monster.com The Des Moines Register

This regional analysis is based on aggregated data from the

Boone, Greater Des Moines,

Grinnell, Indianola,

Marshalltown, Newton, Perry,

Tama and Winterset

Laborshed studies.

These results are based upon a

total of

2,647 completed surveys.

For more data visit:

www.iowalmi.gov/laborshed

Page 4: WWW IOWALMI GOV LABORSHED 2020 · 2020. 8. 27. · (816,096) (109,159) (42,624) (71,733) *Employment status is self-identified by the survey respondent. The unemployment percentage

Data compiled and analyzed by: Iowa Workforce Development Labor Market Information Division 1000 E. Grand Avenue, Des Moines, Iowa 50319 Phone: (515) 281-7505 | Email: [email protected] www.iowalmi.gov/laborshed

IndustryEducation

Beyond HS

Some Education Beyond HS,

No Degree Obtained

Trade Certification/

Vocational Training

Associate

Degree

Bachelor's

Degree or Above

Agriculture, Forestry, & Mining 66.7% 16.8% 8.3% 8.3% 33.3%

Construction 65.4% 25.0% 5.8% 9.6% 25.0%

Education 88.9% 17.3% 2.5% 4.9% 64.2%

Entertainment & Recreation 100% 30.0% 0.0% 0.0% 70.0%

Finance, Insurance, & Real Estate 87.5% 18.8% 1.6% 18.8% 48.3%

Government & Public Administration 90.2% 23.5% 0.0% 5.9% 60.8%

Healthcare & Social Services 83.9% 24.1% 3.5% 26.4% 29.9%

Manufacturing 78.7% 26.7% 8.0% 5.3% 38.7%

Personal Services 77.8% 16.7% 11.1% 11.1% 38.9%

Professional Services 88.8% 13.8% 2.5% 17.5% 55.0%

Transportation, Communication, & Utilities 77.6% 27.6% 3.4% 5.2% 41.4%

Wholesale & Retail Trade 59.4% 23.8% 5.0% 11.7% 18.9%

ED U C A T I O N O F A V A I L A B L E L A B O R BY I N D U S TR Y O F C U R R E N T O R F O R M E R E M P L O Y M E N T Data on this page is specific to only those survey respondents that reported they are likely to change or accept employment.

$11.00

$17.00

$15.89

$12.63

$18.00

$16.00

$22.00

$18.00

$0.00

$12.00

$18.00

$17.00

$54,000

$77,500

$61,750

$36,000

$63,000

$51,000

$69,000

$60,000

$40,000

$52,000

$80,000

$60,000

0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000

$0.00 $5.00 $10.00

Wholesale & Retail Trade

Transportation, Communication, & Utilities

Professional Services

Personal Services

Manufacturing

Healthcare & Social Services

Government & Public Administration

Finance

Entertainment & Recreation

Education

Construction

Agriculture, Forestry, & Mining

Median Hourly Wage Median Annual Salary

**Insufficient survey data/refused. A lack of data for a particular industry is not necessarily indicative that there were no (or few) individuals surveyed within that industry. Rather, it may be that there simply were no respondents within that industry that also reported that they are likely to change or accept employment. Note: A wide variety of occupations are included within these industry categories. Industry classification is based upon the respondent’s reported current or former employer. Two respondents that work for a manufacturer will be classified within the manufacturing industry even if, for example, one respondent is a custodian and the other is an accountant.

Inadequate Hours Mismatch of Skills

Low Income †Total

1.8%

0.5%

4.5%

6.2%

Percent Surveyed Percent Surveyed

U N D ER E M P L O Y M E N T The underemployed are working fewer than 35 hours per week but desire more hours (inadequate hours); in positions that do not meet their skill or education level, or have worked for higher wages at previous employment (mismatch of skills); or are earning wages equal to or less than the national poverty level and work 35 or more hours per week (low income).

**

†Individuals may be underemployed for more than one reason but are counted only once for total estimated underemployment.

Note: To be counted as underemployed in any category an individual must be currently employed and likely to change their current employment situation.

W A G ES O F A V A I L A BL E L A B O R B Y I N D U S TR Y O F C U R R EN T O R F O R M ER E M P L O Y M E N T

Top percentages among industries per education level are highlighted in the table.

For more information regarding this Laborshed study contact: Greater Des Moines Partnership

700 Locust St., Ste. 100 Des Moines, IA 50309

Phone: (515) 286-4950 | Email: [email protected] dsmpartnership.com