Date post: | 25-Dec-2015 |
Category: |
Documents |
Upload: | loraine-reeves |
View: | 217 times |
Download: | 0 times |
NO
RTH SH
ORE PRIO
RITIESWE PUT THE NORTH SHORE TO WORK -
North Shore Workforce Investment Board
• One of 16 WIBS in Massachusetts• Headquartered in Salem and serving 19 cities
and towns north of Boston• Board is business led but includes other
members• Budget of about $6 million• Performs labor market research, manages
career centers• Provides funding for individuals (including
youth) and companies to address their workforce needs.
NO
RTH SH
ORE PRIO
RITIESWE PUT THE NORTH SHORE TO WORK -
The Environment… North Shore WIB Region
Oct-07 Jan-10 Oct-13
-Date of lowest unemployment rate
- Height of the recession
- Most recent month available
Unemployment Rate 3.80% 9.20% 6.60%
Number of employed residents 206,137 195,871 203,167
Number of Unemployed 8,135 17,448 14,313
UI Claimants 3,581 8,187 4,434
NO
RTH SH
ORE PRIO
RITIESWE PUT THE NORTH SHORE TO WORK -
North Shore Labor Force, Employment, and Unemployment 1/2011-10/2013
Year MonthLabor Force Employed Unemployed
North Shore Rate %
Massachusetts Rate %
2013 October 217,480 203,167 14,313 6.6% 7.2%
2013 July 221,122 206,161 14,961 6.8% 7.2%
2013 January 217,745 202,410 15,335 7.0% 6.7%
2012 July 217,926 203,922 13,639 6.3% 6.8%
2012 January 215,276 199,240 16,036 7.4% 6.9%
2011 July 216,176 200,965 15,211 7.0% 7.4%
2011 January 214,735 197,399 17,336 8.1% 7.8%
NORTH SHORE PRIORITIES
WE PUT THE NORTH SHORE TO WORK -
Labor Force Blueprint
What we looked at:-Number of Jobs-Skill and Education Requirements, and Wages of Critical Occupations-Career Ladder Opportunities-Level of Interaction with Workforce System-Projections of future employment opportunities-“Horse-Sense”
Critical Industries Identified:• Health Care •Construction Trades•Manufacturing •Financial Services
NORTH SHORE PRIORITIES
WE PUT THE NORTH SHORE TO WORK -
Investment SnapShotWho was interviewed:-Banks-Venture Capital/Investment Managers-Government and Non-Profit agencies-Business Parks/Real Estate Brokers and Leasing Agents-Construction and Real Estate Development Industry
Key Sectors Identified:• Health Care •Life Sciences •Manufacturing •Financial Services
North Shore W
IBWE PUT THE NORTH SHORE TO WORK -
Top 10 Industries of Employment on the North Shore
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,0002003 2008 1st Q 2013
* Public Administration, Wholesale Trade, Information, Non-Durable Goods Manufacturing, Arts, Entertainment, and Recreation, Transportation and Warehousing, Real Estate and Rental and Leasing, Management of Companies and Enterprises, Utilities, Agriculture, Forestry Fishing, & Hunting, Mining
• Total Employment in 1st Quarter 2013 was 165,075
NO
RTH SH
ORE W
ORKFO
RCE INVESTM
ENT BO
ARD
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 1st Q2013
-
5,000
10,000
15,000
20,000
25,000
30,000
35,000
Healthcare Durable Goods Manufacturing Construction Finance & Insurance
WE PUT THE NORTH SHORE TO WORK -
Critical Industry Employment on the North Shore 2003-1st Q 2013
Current Employment Levels:• Health Care 34,293• Durable Goods Manufacturing 12,238• Construction 6,243• Financial Services 5,442
NO
RTH SH
ORE W
ORKFO
RCE INVESTM
ENT BO
ARDWE PUT THE NORTH SHORE TO WORK -
Health Care Establishments 2009 to 1st Quarter 2013
Ambulatory Health Care Services
Hospitals Nursing and Residential Care Facilities
Social Assistance 0
200
400
600
800
1000
1200
2009 2010 2011 2012 1st Q2013
2009 2010 2011 2012 1st Q20130
500
1,000
1,500
2,000
2,500
Health Care and Social Assistance
• 2,028 establishments in 1st Q’13
• Large increase in Social Assistance • Is it real?
• Ambulatory Health Care:• 33% Physicians Office• 33% Dentist Offices• 20% Other Health Care Practitioners• Remaining is a mix of Diagnostic Laboratories,
Home Health Care, Outpatient Treatment
NO
RTH SH
ORE W
ORKFO
RCE INVESTM
ENT BO
ARDWE PUT THE NORTH SHORE TO WORK -
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
2009 2010 2011 2012 1st Q2013
Health Care Employment 2009-1st Quarter 2013
2009 2010 2011 2012 1st Q2013
30,000
31,000
32,000
33,000
34,000
35,000
Health Care and Social Assistance
• Largest Industry on the North Shore
• Consistent employment growth
• Opportunities available
NO
RTH SH
ORE W
ORKFO
RCE INVESTM
ENT BO
ARDWE PUT THE NORTH SHORE TO WORK -
$0
$200
$400
$600
$800
$1,000
$1,200
2009 2010 2011 2012 1st Q2013
Health Care Average Weekly Wages 2009-1st Quarter 2013
• Health Care’s average wage of $884 is lower than the North Shore average wage of $964
• However, both Ambulatory Health Care Services and Hospitals have wages which are higher than the North Shore average.
NO
RTH SH
ORE W
ORKFO
RCE INVESTM
ENT BO
ARDWE PUT THE NORTH SHORE TO WORK -
(Adapted from Central Iowa Works Health Care Career pathways project.)
*Requires certificate, license, registration or specific degree.
NO
RTH SH
ORE W
ORKFO
RCE INVESTM
ENT BO
ARDWE PUT THE NORTH SHORE TO WORK -
Sample Health Care Career Pathways
Median Hourly Wage for a
Medical Assistant is
$16.17
Median Hourly Wage for a
CNA is $14.00
NO
RTH SH
ORE W
ORKFO
RCE INVESTM
ENT BO
ARDWE PUT THE NORTH SHORE TO WORK -
Top 15 Occupations # of Openings
% of Total Health Care
Openings
Registered Nurses 169 16.8%Social And Human Service Assistants 81 8.0%Nursing Assistants 76 7.5%Mental Health and Substance Abuse Social Workers 42 4.2%
Medical And Health Service Managers 40 4.0%Medical Assistants 35 3.5%Medical Secretaries 28 2.8%Occupational Therapists 22 2.2%Social and Community Service Managers 21 2.1%
Physical Therapists 19 1.9%Executive Secretaries and Executive Administraive Assistants 17 1.7%
Mental Health Counselors 16 1.6%Customer Services Representatives 15 1.5%Home Health Aides 15 1.5%Licensed Practical And Licensed Vocational Nurses 15 1.5%
Top 15 Openings in Health Care 611 60.6%Total Health Care Openings 1008 100.0%
Health Care Online Job Postings From 8/2013 to 12/2013
• 1,008 job postings listed online in Healthcare on the North Shore
• The majority of these jobs require some type of training or college education
• Number one listing on the North Shore was for RN’s
NO
RTH SH
ORE W
ORKFO
RCE INVESTM
ENT BO
ARDWE PUT THE NORTH SHORE TO WORK -
Top 15 Employers with Job Listings # of Openings % of Total
North Shore Medical Center 206 20.4%Kindred Health Care 96 9.5%Eliot Community 72 7.1%
North Shore Physicians Group 69 6.8%
CAB Health & Recovery 45 4.5%Genesis Health Care 32 3.2%Greater Lynn Senior Services 26 2.6%RehabCare 24 2.4%
Lahey Clinic 24 2.4%
Massachusetts General Hospital 23 2.3%
Spaulding Rehabilitation Hopital 21 2.1%
Cell Signaling Technology 16 1.6%Fresenius Medical Care 16 1.6%Seven Hills Foundation 16 1.6%
Baystate Health 16 1.6%
Top 15 Employers 702 69.6%Total Health Care Openings 1008 100.0%
Who’s Hiring Now?The Top 15 Employers Listing Job Openings on the North Shore
• 115 Health Care Employers listed job openings online
• Top Employer Cities:• Salem: 242 listings• Lynn: 192 listings• Danvers: 168 listings• Beverly: 111 listings• Peabody: 105 listings• Saugus: 74 listings• Gloucester: 51listings
NO
RTH SH
ORE W
ORKFO
RCE INVESTM
ENT BO
ARDWE PUT THE NORTH SHORE TO WORK -
Financial Service Sub-Sector Establishments 2009 to 1st Quarter 2013
0
50
100
150
200
250
2009 2010 2011 2012 1st Q2013
2009 2010 2011 2012 1st Q2013480
490
500
510
520
530
540
Finance and Insurance
• 500 establishments in 1st Q’13
• Decline in establishments is due to consolidation and industry automation
• Credit Intermediation:• 82% Banks• The rest is equal mix Non-Depository Credit
Intermediation (credit card companies & sales financing) and Related Activities to Credit Intermediation
NO
RTH SH
ORE W
ORKFO
RCE INVESTM
ENT BO
ARDWE PUT THE NORTH SHORE TO WORK -
0
500
1,000
1,500
2,000
2,500
3,000
3,500
2009 2010 2011 2012 1st Q2013
Finance and Insurance Sub-Sector Employment 2009-1st Quarter 2013
2009 2010 2011 2012 1st Q2013
5,400
5,600
5,800
6,000
Finance and Insurance
• 350 jobs lost since 2009
• Employment decline due to a combination of technology advances and consolidation within industry
NO
RTH SH
ORE W
ORKFO
RCE INVESTM
ENT BO
ARDWE PUT THE NORTH SHORE TO WORK -
Financial Activities Sub-Sector Average Weekly Wage 2009- 1st Quarter 2013
$0
$500
$1,000
$1,500
$2,000
$2,500
$3,000
2009 2010 2011 2012 1st Q2013
• One of the highest paying industries on the North Shore with an average weekly wage more than double the North Shore average
• Best entry level opportunities within Credit Intermediation
NO
RTH SH
ORE W
ORKFO
RCE INVESTM
ENT BO
ARDWE PUT THE NORTH SHORE TO WORK -
Sample Financial Service Career Pathway
Median Hourly Wage for Tellers is $13.96
NO
RTH SH
ORE W
ORKFO
RCE INVESTM
ENT BO
ARDWE PUT THE NORTH SHORE TO WORK -
Top 15 Occupations # of Openings
% of Total
Tellers 44 17.8%Customer Service Representatives 26 10.5%Securities, Commodities, and Financial Service Sales Agents 24 9.7%
First-Line Supervisors of Office and Administration Workers 11 4.5%
Financial Managers 9 3.6%Claims Adjusters, Examiners, and Investigators 8 3.2%First-Line Supervisors of Retail Sales Workers 7 2.8%Network and Computer Systems Administrators 7 2.8%Computer User Support Specialists 7 2.8%Computer System Analysts 6 2.4%Insurance Sale Agents 6 2.4%Comuter Programmers 5 2.0%Loan Officers 4 1.6%Personal Financial Advisors 4 1.6%General and Operations Managers 4 1.6%Credit Analysts 4 1.6%Marketing Managers 4 1.6%Cleaners of Vechicles and Equipment 4 1.6%Top 15 Occupations 184 74.5%Total Financial Services Openings 247 100.0%
• 247 Job Openings listed online in Financial Services
• Many Entry Level Opportunities
• Advancement will require training or College degree
• Industry Automation has created careers in several computer related fields
Financial Services Online Job Postings from 8/2013 to 12/2013
NO
RTH SH
ORE W
ORKFO
RCE INVESTM
ENT BO
ARDWE PUT THE NORTH SHORE TO WORK -
Top 15 Employers with Job Listings # of Openings
% of Total
Eastern Bank 59 23.9%Bank of America 23 9.3%People's United Bank 18 7.3%Salem Five Savings Bank 15 6.1%The Bank of New York Mellon Corp. 15 6.1%Electric Insurance 14 5.7%AmeriPlan Corp. 13 5.3%QBE Holdings 10 4.0%J.P. Morgan Chase 9 3.6%Sovereign Bank 8 3.2%Citizens Bank 6 2.4%East Boston Savings Bank 6 2.4%Investors Capital Corp. 6 2.4%Enterprise 5 2.0%Affliated Managers Group 4 1.6%Top 15 Employers 211 85.4%Total Financial Services Openings 247 100.0%
Who’s Hiring Now?The Top 15 Employers Listing Job Openings on the North Shore
• 42 Financial Services Employers listed job advertisements online
• Top Employer Cities:• Salem: 47 listings• Beverly: 45 listings• Lynn: 45 listings• Danvers: 24 listings• Peabody: 22 listings• Lynnfield: 21 listings• Marblehead: 13 listings• Saugus: 12 listings
NORTH SHORE WORKFORCE INVESTMENT BOARD
70 Washington StreetSuite 314 Salem, MA 01970Tel. 978.741.3805
www.northshorewib.com
Ed O’Sullivan, [email protected]
Will Sinatra, [email protected]