35
Manufacturing Overview Insight from Quarterly Workforce Indicators 2020 Update Connecticut’s Manufacturing Workers Age Profile and Implications for Earnings Local Employment Dynamics (LED) Webinar Patrick J. Flaherty Acting Director of Research Connecticut Department of Labor September 16, 2020 PJF CT Manufacturing Age and Earnings

Connecticut’s Manufacturing Workers Age Profile and

  • Upload
    others

  • View
    3

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Connecticut’s Manufacturing WorkersAge Profile and Implications for Earnings

Local Employment Dynamics (LED) Webinar

Patrick J. FlahertyActing Director of Research

Connecticut Department of Labor

September 16, 2020

PJF CT Manufacturing Age and Earnings

Page 2: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Outline

1 Manufacturing Overview

2 Insight from Quarterly Workforce Indicators

3 2020 Update

PJF CT Manufacturing Age and Earnings

Page 3: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Outline

1 Manufacturing Overview

2 Insight from Quarterly Workforce Indicators

3 2020 Update

PJF CT Manufacturing Age and Earnings

Page 4: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Manufacturing EmploymentConnecticut

PJF CT Manufacturing Age and Earnings

Page 5: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Total vs. Manufacturing EmploymentConnecticut

PJF CT Manufacturing Age and Earnings

Page 6: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

PJF CT Manufacturing Age and Earnings

Page 7: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Manufacturing On-line Job PostingsConnecticut

PJF CT Manufacturing Age and Earnings

Page 8: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Average Annual WageConnecticut

PJF CT Manufacturing Age and Earnings

Page 9: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Average Annual WageConnecticut

PJF CT Manufacturing Age and Earnings

Page 10: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Outline

1 Manufacturing Overview

2 Insight from Quarterly Workforce Indicators

3 2020 Update

PJF CT Manufacturing Age and Earnings

Page 11: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Portion of Employment Age 55 and OverConnecticut

Stable Employment

PJF CT Manufacturing Age and Earnings

Page 12: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Average Monthly EarningsConnecticut Stable Employment

Stable Employment

PJF CT Manufacturing Age and Earnings

Page 13: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Average Monthly EarningsConnecticut Stable Employment

Stable Employment

PJF CT Manufacturing Age and Earnings

Page 14: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Average Monthly EarningsConnecticut Hires and Separations

Stable

PJF CT Manufacturing Age and Earnings

Page 15: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Average Monthly EarningsCT Manufacturing Hires and Separations

Stable

PJF CT Manufacturing Age and Earnings

Page 16: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Average Monthly EarningsConnecticut Stable Employment

Year Ending 2018 Q2

PJF CT Manufacturing Age and Earnings

Page 17: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Connecticut Stable HiresChange by Age

PJF CT Manufacturing Age and Earnings

Page 18: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

CT Manufacturing Stable HiresChange by Age

PJF CT Manufacturing Age and Earnings

Page 19: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Change in Stable New HiresBy Age Group and Industry

2010 to 2018Age Group All Industries Manufacutring Difference14 to 18 13% 33% 19%19 to 21 17% 84% 67%22 to 24 35% 138% 103%25 to 34 52% 144% 92%35 to 44 27% 67% 40%45 to 54 29% 47% 18%55 to 64 75% 143% 69%69 to 99 95% 100% 5%

PJF CT Manufacturing Age and Earnings

Page 20: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Connecticut Stable SeparationsChange by Age

PJF CT Manufacturing Age and Earnings

Page 21: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

CT Manufacturing Stable SeparationsChange by Age

PJF CT Manufacturing Age and Earnings

Page 22: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Change in Stable SeparationsBy Age Group and Industry

2010 to 2016Age Group All Industries Manufacutring Difference14 to 18 4% 6% 2%19 to 21 3% 26% 23%22 to 24 18% 47% 29%25 to 34 28% 37% 9%35 to 44 8% 6% -2%45 to 54 11% 4% -6%55 to 64 30% 39% 9%69 to 99 36% 56% 20%

PJF CT Manufacturing Age and Earnings

Page 23: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Average Monthly EarningsConnecticut Stable Hires and Separations

Year Ending 2018 Q2

PJF CT Manufacturing Age and Earnings

Page 24: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Average Monthly EarningsCT Manufacturing Stable Hires and Separations

Year Ending 2018 Q2

PJF CT Manufacturing Age and Earnings

Page 25: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Outline

1 Manufacturing Overview

2 Insight from Quarterly Workforce Indicators

3 2020 Update

PJF CT Manufacturing Age and Earnings

Page 26: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Total EmploymentConnecticut

PJF CT Manufacturing Age and Earnings

Page 27: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Manufacturing EmploymentConnecticut

PJF CT Manufacturing Age and Earnings

Page 28: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Manufacturing EmploymentConnecticut

PJF CT Manufacturing Age and Earnings

Page 29: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Total vs. Manufacturing EmploymentConnecticut

PJF CT Manufacturing Age and Earnings

Page 30: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Total vs. Manufacturing EmploymentConnecticut

PJF CT Manufacturing Age and Earnings

Page 31: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Average Annual WageConnecticut

PJF CT Manufacturing Age and Earnings

Page 32: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Average Annual WageConnecticut

PJF CT Manufacturing Age and Earnings

Page 33: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Average Annual WageConnecticut

PJF CT Manufacturing Age and Earnings

Page 34: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Average Annual WageConnecticut

PJF CT Manufacturing Age and Earnings

Page 35: Connecticut’s Manufacturing Workers Age Profile and

Manufacturing OverviewInsight from Quarterly Workforce Indicators

2020 Update

Connecticut Dept. of Labor Office of Research

Patrick J. Flaherty, Acting Director of ResearchOffice of Research, Department of Labor

200 Folly Brook Blvd.Wethersfield, CT 06109

[email protected]

www.ct.gov/dol

Shameless self-promotion:www.Facebook.com/pjflaherty1 & www.Facebook.com/CTLMI

Twitter: @PatrickUConn & @Research_DOL

PJF CT Manufacturing Age and Earnings