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TABLE OF CONTENTS 1
FEB - MAR 2015
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Feature - ENERGY CONSUMPTION & PRODUCTION IN NEBRASKAFeature - NEBRASKA’S AREAS OF SUBSTANTIAL UNEMPLOYMENT 2015Web Spotlight - OMAHA LABOR AVAILABILITY REPORT
2
Table of Contents
DEC UNEMPLOYMENT DATA
AREAS OF SUBSTANTIAL
UNEMPLOYMENT
GRADUATE OUTCOMES
FAST FACTS
MAP FACTS
OPENINGS & EXPANSIONS
ENERGY CONSUMPTION
& PRODUCTION
OMAHA LABOR
AVAILABILITY SPOTLIGHT
A NEW AREA OF NEBRASKA
ECONOMIC INDICATORS
3
4
8
10
12
14
16
18
23
26
Helpful Links
Unemployment in Brief
Monthly Unemployment Rate
Previous Issues
NEworks
Glossary
CREDITS
Nebraska Workforce Trends is published by the Nebraska Department of Labor - Labor Market Information Center in cooperation with the U.S.
Department of Labor, Bureau of Labor Statistics.
Commissioner of LaborJohn H. Albin
LMI Administrator Phil Baker
Editor Scott Hunzeker
Editor Grace Johnson
EditorJennifer Gildersleeve
Graphic DesignerBrittney Lippincott
Follow the Nebraska Department of Labor on Social Media
TABLE OF CONTENTS 3
DECEMBER UNEMPLOYMENT DATAByron Lefler, Research Analyst
LINCOLN MSA (not seasonally adjusted) December Unemployment Rate: 2.5% December Total Non-farm: 190,047Manufacturing: 13,916Largest OTM Increases:Trade, Transportation, & Utilities: 508 (1.4%)Financial Activities: 38 (0.3%)
OMAHA MSA (not seasonally adjusted) December Unemployment Rate: 3.2%November Total Non-farm: 484,582Manufacturing: 32,299Largest OTM Increases: Professional & Business Services: 547 (0.8%)Trade, Transportation, % Utilities: 451 (0.5%)
NEBRASKA (not seasonally adjusted)December Total Non-farm: 993,361 Manufacturing: 97,204
Nebraska (smoothed seasonally adjusted)December Unemployment Rate: 2.9%Change (OTM): -0.2%Change (OTY): -0.7%
Economic Regions (not seasonally adjusted)Central: 2.5% Grand Island: 3.0% Mid Plains: 2.7% Northeast: 2.8% Panhandle: 3.0% Sandhills: 2.5% Southeast: 3.1%
Sources: 1. Bureau of Labor Statistics Current Employment Statistics Program (CES)2. Bureau of Labor Statistics Local Area Unemployment Statistics (LAUS)
DECEMBER UNEMPLOYMENT RATE BY COUNTY
Cherry2.3 Holt
2.3
Custer2.2
Sioux3.4
Lincoln2.5
Sheridan2.4
Morrill2.7
Garden2.8
Knox3.4
Keith2.7
Dawes2.8
Rock2.5
Brown2.1
Gage3.6
Hall3.2
Dundy2.5
Chase2.0
Buffalo2.2
Grant1.9
Clay3.3
Kimball2.6
York3.3
Frontier2.4
Otoe3.0
Dawson3.3
Cedar2.2
Platte2.5
Arthur4.4
Burt3.5
Perkins1.9
Cheyenne2.3
Hayes3.2
Blaine4.0
Loup3.1
Box Butte3.3
Cass3.3
Boyd3.1
Boone2.2Banner
2.7
Polk2.9
Butler2.4
Furnas2.5
Hooker4.5
Antelope2.7
Saline2.7
Valley2.2
Pierce2.9
Logan2.4
Thomas3.2
Lancaster2.5
Dixon2.5
Harlan2.4
Adams2.8
Thayer2.3
Dodge2.8
Phelps2.3
Saunders3.0
McPherson2.1
Deuel2.5
Howard2.9
Cuming2.4
Seward2.5
Greeley3.1
Fillmore2.3
Hitchcock2.4
Garfield3.5
Franklin2.6
Keya Paha3.8
Webster3.2
Nance2.6
Madison2.6
Wheeler2.9
Nuckolls3.3
Merrick3.2
Colfax2.5
Gosper2.3
Scotts Bluff3.3
Jefferson2.7
Wayne2.5
Sherman2.6
Red Willow2.4
Kearney2.3
Hamilton2.1
Stanton2.4
Pawnee2.2
Richardson3.7
Nemaha4.1
Johnson2.9
Thurston5.3
Douglas3.1
Dakota3.8
Sarpy2.8
Washington2.9
County Rates1.9 - 2.4
2.5 - 2.9
3.0 - 3.5
3.6 - 4.1
4.2 - 5.3
4
2015Lenora Castillo, Research Analyst
Each year the Employment and Training Administration (ETA) establishes a time period for states to designate potential Areas of Substantial Unemployment (ASUs), which are used to determine funding allocations under the Adult and Youth Program Activities of the Workforce Investment Act (WIA).
Areas of Substantial Unemployment serve an essential role in determining how funding under WIA is distributed to the three Work-force Investment Areas in Nebraska: Lincoln, Omaha, and Greater Nebraska. The ETA pro-vides instructions to states regarding the pro-cess of designating an area as an ASU while the Bureau of Labor Statistics (BLS) provides the data, instructions and forms for the states to use in developing employment and unem-ployment estimates. Once states submit their individual ASUs, BLS validates the data and ETA makes the final determination on an ASU’s status.
To qualify as an ASU in its entirety, an area or state must meet the following requirements:
1. Unemployment rate of 6.5% or higher
2. Population of at least 10,000 based on Census Bureau estimates
3. Contains geography that is contiguous (touching in at least one point, sepa-rated by a body of water such as river or lake or directly across a body of water from one another).
This year, Nebraska qualified five ASUs with total unemployment of 23,680. In 2014, Nebraska qualified nine ASUs with total unem-ployment of 18,822. While the number of ASUs in Nebraska is down from last year, total unem-ployment within these ASUs has increased.
AREAS OF
UNEMPLOYMENTSUBSTANTIAL»
WIA funding is based on the total number of unemployed, not the number of qualified ASUs.
In 2014, 35 states, the District of Columbia, and Puerto Rico qualified as Areas of Sub-stantial Unemployment (ASU) in their entirety. That number dropped to 26 (plus the District of Columbia and Puerto Rico) for the 2015 program year. The remaining states that did not qualify as ASUs in their entirety, including Nebraska, completed an ASU search.
An area such as a state, city, county, Metro-politan Statistical Area (MSA), Micropolitan Statistical Area (MC), shared census tracts within counties, or a combination of any of these areas can be designated as an ASU. For the first time this year, all shared areas are based on five-year population estimates from the Census Bureau’s American Community Survey. This data replaces the Census 2000 household-only estimates used in previous years.
The data provided by BLS can be used to create either a whole ASU or an ASU part. An ASU part is an area that fails one of the three requirements listed above, but when added to another (contiguous) part it can be used to create a whole ASU. For example, cen-sus tracts from one county can be added to census tracts from another county to form a whole ASU.
Maps of Nebraska areas that qualified as whole ASUs for the 2015 program year are shown on the following pages. The highlighted tracts form the ASUs.
For more information, please contact Lenora Castillo at 402-471-9841 or email your ques-tions to [email protected].
TABLE OF CONTENTS 5
Scotts Bluff County ASU (2015)
9532
9529
9531
9530
9534
9538
9539
9533
953795369535
ASUs for 2015 ASU LABOR FORCE
ASU EMPLOYMENT
UNEMPLOYMENT
Scotts Bluff County 7,198 6,410 788
Burt, Dakota, Thurston Counties
15,341 14,257 1,084
Johnson, Nemaha, Richardson Counties
5,817 5,237 580
Douglas, Sarpy Counties 161,874 145,321 16,553
Lancaster County 39,970 35,295 4,675
TOTAL: 23,680
SCOTTS BLUFF COUNTY ASU
Richardson County
Nemaha CountyJohnson County
9681
9675
9645
9685
9676
9686
9682
JOHNSON, NEMAHA, & RICHARDSON COUNTIES ASU
»»
6
Douglas-Sarpy ASU (2015)
107.01
75.04
5
75.05
73.17
75.08
107.02 102.08
106.31
73.03
73.18
75.09
106.29
4
106.32
101.03
106.28
2
75.1275.06
75.11
73.15
102.05
31 25
106.18
102.03106.20
106.23
75.13
73.04
103.02
73.13
8
106.24
35
74.05
71.02 29
74.51
3
75.15
75.14
67.01
75.17
75.16
18
70.03
104.02
2336
7
28
106.30
27
65.04
69.0474.09
105.01
56
64
102.04
30
47
105.02
55 11
46
125358
101.08
38
6
57
49 16
73.09
60
70.01
106.16
20
65.03
68.05
74.52
65.05
33
74.39
74.29
32
74.64
106.17
66.02
74.33
71.01
63.0162.02
24
67.03
106.33
44
101.07
73.12
74.53
68.04
105.03
4874.45
74.6674.62
73.14
74.71
74.63
54
74.61
74.72
73.16
74.42
74.06
74.60
74.31
74.38
101.06
74.67
74.70
74.49
74.69
74.46
74.4374.41
74.07
74.44
61.02
74.54
63.0274.32
74.59
66.04
106.19
50
69.06
68.06
74.36
45 40
106.27
37
74.08
43
106.25 106.22 106.14
65.06
74.5774.65
73.10
101.05
26
51
22
74.35
70.0269.05
102.07
21
59.02
103.05
106.15
104.01
102.06
34.01
101.04
74.58
19
103.06
DOUGLAS-SARPY COUNTY ASU
»
Dakota County
Thurston County
Burt County
Burt-Dakota-Thurston ASU 2015
104
9401
9633
9634
9402
9632
103 102
101
BURT, DAKOTA,
& THURSTON COUNTY ASU
»
TABLE OF CONTENTS 7
Lancaster County ASU (2015)
103 104
101102.02
36.04
29
37.171
37.18
37.20
37.19
9
9832
102.01
33.02 45
34.01
12
31.02
22
3
25
37.14
28
15
14
33.01
36.05
16
37.06
8
37.07
24
2134.02
30.01
6
23
30.03
36.08
7
31.04
27.02
11.012.01
37.1336.09
17
32.02
37.0837.04
38.01
38.02
37.15
30.02
37.16
13.0118
36.07
31.03
2.02
35
11.0210.01
36.01LANCASTER COUNTY ASU«
8
UNIVERSITY OF NEBRASKA - KEARNEY EMPLOYMENT OUTCOMES
There were 1,167 University of Nebraska - Kearney graduates between July 1, 2011 and June 30, 2012. Of these grad-uates, 720 (62 percent) were working in Nebraska in the first quarter of 2013, a 1 percent decrease from the previous year. More than half of the graduates (59 per-cent) were female, with 65 percent work-ing in the state, while 57 percent of male graduates were employed in the state.
There was at least one graduate employed in 71 of the state’s 93 counties. Buffalo County had the highest graduate employment with 149, followed by Douglas County with 55, Lancaster County with 38, and Hall County with 37; combined, these four counties comprised 58 percent of graduate employment.
GRADUATE OUTCOMES: UNIVERSITY OF NEBRASKA–KEARNEYMary Findlay, Research Analyst
Photo courtesy of UNK.
Cherry1 Holt
1
Custer5
Sioux0
Lincoln18
Sheridan0
Morrill0 Garden
0
Knox1
Keith1
Dawes2
Rock0
Brown4
Gage2
Hall37
Dundy2
Chase4
Buffalo149
Grant0
Clay3
Kimball0
York1
Frontier4
Otoe2
Dawson10
Cedar2
Platte1
Arthur0
Burt1
Perkins1
Cheyenne3
Hayes0
Blaine1
Loup1
Box Butte2
Cass1
Boone1Banner
1
Polk0
Butler1
Furnas3
Hooker0
Antelope1
Saline3
Valley0
Pierce1
Logan2
Thomas0
Lancaster38
Dixon1
Harlan2
Adams15
Thayer1
Dodge7
Phelps9
Saunders2
McPherson0
Deuel2
Howard2
Cuming3
Seward3
Greeley0
Fillmore2
Hitchcock1
Garfield1
Franklin5
Keya Paha0
Webster2
Nance2
Madison3
Wheeler1
Nuckolls1
Colfax3
Gosper0
Scotts Bluff8
Jefferson3
Wayne1
Sherman6
Red Willow2
Kearney5
Hamilton2
Pawnee1
Richardson2
Johnson0
Douglas55
Boyd0
Merrick3
Stanton0
Nemaha2
Thurston0
Sarpy12
Dakota0
Washington3
Campus Location
0
1 - 5
6 - 20
21 - 100
101 - 149
Number Employed
UNIVERSITY OF NEBRASKA - KEARNEY GRADUATES BY COUNTY
»
TABLE OF CONTENTS 9
INDUSTRY EMPLOYMENT AND WAGES
Nearly half (44 percent) of the graduates working in the state were employed in the educational services industry. Retail trade (25 percent) and health care (9 percent) had the next highest percentages. These totals included graduates from all fields of study who were employed in these industries.
The highest industry average annual wage was found in the wholesale trade industry, where the 18 graduates working in the state averaged $42,937. The 314 graduates employed in the educational services industry had the second highest average annual wage of $41,076. These averages included graduates from all degree levels.
The education industry employed 85 percent of graduates with an education major.
The chart on the right shows the industries in which education graduates were employed.
The “other” category includes accommodation and food services; administrative and support and waste management and remediation; agriculture, forestry, fishing and hunting; arts, entertainment and recre-ation; finance and insurance; leisure and hospitality; manufacturing; other services, except public admin-istration; retail trade; and wholesale trade. Each of these industries employed one or two education graduates.
FIELDS OF STUDY AND EMPLOYMENT
Overall, bachelor’s degree graduates in business administration and management had the highest number (75) of graduates working in the state, fol-lowed by bachelor’s degree graduates in elementary education and teaching with 70.
There were eight degrees/fields of study with 80 percent or more of the graduates working in the state. A total of 212 students graduated from these programs, with 181 graduates working in the state in the first quarter of 2013.
FIELDS OF STUDY AND WAGES
Nine of the top 10 highest wages by field of study were earned by those who obtained a master’s degree or higher. Top average annual wages were earned by the five post-master’s certificate grad-uates in educational leadership and administration with $82,548. The second highest wages were earned by educational leadership and administration master’s degree graduates with $53,025.
Educational Services
Other
Health Care
Public Administration
Social Assistance
INDUSTRY EMPLOYMENT
OF EDUCATION GRADUATES 231
15
998
Educational Services
Other
Health Care
Public Administration
Social Assistance
INDUSTRY EMPLOYMENT
OF EDUCATION GRADUATES 231
15
998
For more graduate outcomes informa-tion, contact the Nebraska Department of Labor’s Office of Labor Market Information or view the annual report by clicking the Publications link at: https://neworks.nebraska.gov/.
10
FAST FACTS: FAMILY DEMOGRAPHICSKristin Derenge, Research Analyst
The American Community Survey (ACS) from the US Census Bureau collects data pertaining to family demographics and employment characteristics, among many other topics. The following infographic presents 2013 census data on family demographics and employment characteristics in the US and Nebraska.
* The ACS defines families as householders and their relatives living in the same housing unit. The ACS defines households as all people, related or not, living within the same housing unit.
NUMBER OF FAMILIES*
NUMBER OF MARRIED COUPLES
AVERAGE FAMILY SIZE
HOUSEHOLDS* WITH OWN CHILDREN UNDER 18
NEBRASKAUNITED STATES
»»
»»
471,790
370,990
3.05
215,149
76,744,358
56,305,876
3.22
34,165,566
TABLE OF CONTENTS 11
SOURCES:1. U.S. Census Bureau. American Fact Finder. 2013 American Community Survey 5-year estimates. [Online.] [Cited
January 28, 2015.] http://factfinder.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=ACS_13_5YR_S1101&prodType=table
2. —. American Fact Finder. 2013 American Community Survey 5-year estimates. [Online.] [Cited January 28, 2015.] http://factfinder.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=ACS_13_5YR_S2302&prod-Type=table
3. —. American Fact Finder. 2013 American Community Survey 5-year estimates. [Online.] [Cited January 28, 2015.] http://factfinder.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=ACS_13_5YR_B19013&prod-Type=table
4. —. American Community Survey 2011 Subject Definitions. [Online.] [Cited February 17th, 2015.] http://www.census.gov/acs/www/Downloads/data_documentation/SubjectDefinitions/2011_ACSSubjectDefinitions.pdf
Neither spouse in labor force
Only wife in labor force
Only husband in labor force
Husband and wife in labor force
NEBRASKA UNITED STATES
62.5%17.2%
6.6%
13.7%
53.4%
16.9%
7.7%
21.9%
Neither spouse in labor force
Only wife in labor force
Only husband in labor force
Husband and wife in labor force
NEBRASKA UNITED STATES
62.5%17.2%
6.6%
13.7%
53.4%
16.9%
7.7%
21.9%
Neither spouse in labor force
Only wife in labor force
Only husband in labor force
Husband and wife in labor force
NEBRASKA UNITED STATES
62.5%17.2%
6.6%
13.7%
53.4%
16.9%
7.7%
21.9%
Children 6-17 only
Children under 6 and 6-17
Children under 6 only
53.6%
22%
24.4%
57.6%
20.2%
22.2%
NEBRASKA UNITED STATES
Children 6-17 only
Children under 6 and 6-17
Children under 6 only
53.6%
22%
24.4%
57.6%
20.2%
22.2%
NEBRASKA UNITED STATES
Children 6-17 only
Children under 6 and 6-17
Children under 6 only
53.6%
22%
24.4%
57.6%
20.2%
22.2%
NEBRASKA UNITED STATES
PERCENTAGE OF MARRIED COUPLES WITH:
PERCENTAGE OF THESE HOUSEHOLDS WITH:
»
»
12
MAP FACTS: POVERTY RATES IN NEBRASKA
Kermit Spade, Research Analyst
The U.S. Census Bureau’s American Community Survey esti-mates the total population of an area and the number of peo-ple whose income in the past 12 months was below the pov-erty level.1 From these two figures, it is possible to calculate a poverty rate for a given area. The above map shows poverty rates by county for the state of Nebraska using 2013 ACS 5 year estimates.
The Census Bureau follows the Office of Management and Budget’s statistical policy and uses a set of income thresholds to determine an individual’s poverty status. These thresh-olds vary by family size and composition, but do not vary geographically.2 Many federal and state agencies use poverty threshold tests to determine eligibility for aid programs.
County poverty rates do not appear to be correlated with either metro or non-metro classifications. There are four coun-ties (Thurston, Loup, Box Butte, and Pawnee) that have pov-erty rates over 20 percent. The counties with the lowest pov-erty rates were Hayes, Perkins, Pierce, and Kearney counties.
Cherry13%
Custer9.6%
Holt10.2%
Sioux9.3%
Lincoln11.4%
Sheridan16%
Garden9.4%
Morrill13.8%
Knox14%
Dawes19.3%
Rock10%
Brown15.6%
Keith11.2%
Gage11.7%Dundy
8.1%
Chase12.8%
Buffalo13.6%
Clay9%
Kimball13%
Frontier12%
Dawson14.8%
Grant18.8%
Arthur6.9%
Perkins5.8%
Cedar10.1%
Cheyenne14%
Hayes5.9%
Box Butte23.9%
Blaine17.7%
York8.9%
Platte10.7%
Cass6.4%
Banner15.4%
Boone9.7%
Butler9.4%
Hooker12.8%
Furnas16.2%
Otoe10.5%
Antelope11%
Burt9.7%
Saline16.8%
Pierce5.6%
Loup25.8%
Logan12.1%
Valley15.2%
Polk8.3%
Thomas7.7%
Hall13.7% Lancaster
15.2%
Harlan12.1%
Adams12.8%
Thayer13.4%
Dodge10.7%
Phelps9.1%
Saunders8%
Dixon11.2%
McPherson13.6%
Howard10.3%
Cuming11.6%
Seward8.8%
Greeley12.1%
Fillmore8.8%
Hitchcock15.5%
Garfield13%
Franklin12.9%
Keya Paha15.5%
Deuel13.5%
Webster15.5%
Nance12.6%
Wheeler16%
Madison14.2%
Nuckolls11.1%
Colfax15.5%
Scotts Bluff13.7%
Jefferson13.6%
Wayne15%
Sherman13.5%
Red Willow12.7%
Kearney4.9%
Hamilton10.1%
Pawnee21.5%
Richardson17.2%
Johnson13.7%
Douglas14.3%
Boyd10.5%
Merrick12.6%
Gosper8%
Stanton8.5%
Nemaha10.4%
Thurston26.9%
Sarpy6.6%
Dakota16.9%
Washington7.7%
Poverty Rates in Nebraska4.9% - 8.5%
8.6% - 11.4%
11.5% - 14.3%
14.4% - 19.3%
19.4% - 26.9%
POVERTY RATES IN NEBRASKA BY COUNTY
»
TABLE OF CONTENTS 13
Cherry5.2% Holt
2.4%
Custer-0.4%
Sioux0%
Lincoln1.2%
Sheridan-0.5%
Morrill-1.2% Garden
-4%
Knox0.3%
Keith2.1%
Dawes-3.4%
Rock0.5%
Brown-3.7%
Gage-1%Dundy
-3.2%
Chase-1.2%
Buffalo-0.4%
Grant1.3%
Kimball2.6%
Frontier-0.7%
Dawson0.6%
Cedar-0.5%
Platte2.7%
Arthur-0.8%
Perkins-0.1%
Cheyenne4.2%
Hayes-3.7%
Clay0.6%
Blaine5.3%
Box Butte9.7%
Loup6.8%
York1.9%
Hall2.5%
Cass1.7%
Boyd2.2%
Otoe-1.5%
Boone3%Banner
-0.7%
Butler0.3%
Furnas1%
Hooker6.2%
Antelope-0.4%
Saline4.9%
Valley-0.9%
Pierce-2.7%
Logan6.5%
Polk1.4%
Thomas-2%
Lancaster1.4%
Dixon0.9%
Harlan1.8%
Adams-0.7%
Burt-0.2%
Thayer1.3%
Dodge-2.4%
Phelps-1.6%
Saunders0.9%
McPherson5.3%
Deuel-0.8%
Howard0.4%
Cuming-0.7%
Seward1.8%
Greeley-0.2%
Fillmore-2.9%
Hitchcock2.4%
Garfield-0.4%
Franklin-2.7%
Keya Paha-7.2%
Webster0.5%
Nance2.8%
Madison2.3%
Wheeler3.2%
Nuckolls-6.9%
Colfax4.5%
Gosper-3.4%
Scotts Bluff-1.3%
Jefferson1.1%
Wayne-0.7%
Sherman-1.8%
Red Willow2.3%
Kearney-4.3%
Hamilton1.2%
Pawnee8.6%
Richardson3%
Nemaha-3.3%
Johnson-0.9%
Douglas1.2%
Merrick1.9%
Stanton-2.5%
Thurston-2.2%
Sarpy1%
Dakota1.5%
Washington3.3%
CHANGE IN POVERTY RATES, 2010 - 20131,3 »
Change in Poverty Rates, 2010 - 2013
-7.2% - -2.4%
-2.3% - 0%
0.1% - 1.7%
1.8% - 4.2%
4.3% - 9.7%
The map below shows the change in poverty rates by county from the 2010 and 2013 American Community Survey 5-year estimates.
During this time period, Box Butte and Pawnee Counties had the largest increases in poverty rates, at 9.7 percent and 8.6 percent respectively. Keya Paha and Nuckolls counties had the largest decreases in poverty rates at 7.2 percent and 6.9 percent respectively.
REFERENCES1. U.S. Census Bureau. American Community Survey 2013 5-Year Estimates, Table
B17001. American Fact Finder. [Online] [Cited: February 12, 2015.] census.gov.
2. —. How the Census Bureau Measures Poverty. Census.gov. [Online] [Cited: Feb-ruary 12, 2015.] http://www.census.gov/hhes/www/poverty/about/overview/measure.html.
3. —. American Community Survey 2010 5-Year Estimates, Table B17001. American Fact Finder. [Online] [Cited: February 12, 2015.]
14
Kermit SpadeResearch Analyst
OMAHA AREA OPENINGS
14
OTHER
OTHER
DECEMBER & JANUARY
TYPE OF BUSINESS NAME, JOBS ADDED, SOURCE
TOTAL OMAHA JOBS ADDED
FOOD & ENTERTAINMENT
RETAIL/SALES
Heritage Food & Wine 10 OCC
Hog Wild Pit Bar-B-Que 10 OCC
Blatt Beer 10 OCC
AJ’s Café 10 OCC
Raising Cane’s 15 OWH
Uncle Maddio’s 10 OWH
Be’ne Pizza and Pasta 10 OWH
NIte Owl 7 OWH
Duggers Café 5 OWH
Marcus Theatres 10 OWH
Four Sisters Boutique 5 OCC
It’s All About Bees 4 OCC
Birdie’s Box 3 OCC
CanCooker 6 OCC
Two Saints Thrift 2 OCC
Robin’s Nest 4 OCC
Black Iris Botanicals 2 OCC
BuyBuy Baby 5 OCC
CleanWater Laundry 5 OCC
Walgreens Specialty Pharmacy
15 OCC
Pretty in Patina 2 OCC
Boomgaars 10 OCC
JoAnn Fabrics and Craft 20 OCC
Dollar General - Hooper 10 OWH
The French Ivy 2 OWH
Family Dollar Store 10 OWH
97
388
105
Sources:OCC = Omaha Chamber of Commerce OWH = Omaha World HeraldFremont TribuneWOWT NewsKETVKMTV
TABLE OF CONTENTS 15
OMAHA EXPANSIONS & STATEWIDE OPENINGS/EXPANSIONS
OTHER
OTHER
OTHER
SOUTHEASTNORTHEAST PANHANDLE
HEALTH & EDUCATION
TECHNOLOGY
Cass Family Medicine 10 OCC
Bundy Family Dentistry 5 OCC
Zounds 3 OWH
The Rainbow House 3 KETV
Center for Excellence in Education
10 OCC
Nelson Mandela Elementary
20 OWH
Learning Community Center
6 OWH
Heritage Services 5 OCC
CMIT Solutions 5 OCC
D3 Banking 10 OCC
Universal Info Services 3 OCC
Inflection Silicon Prairie 8 OCC
US Cellular 10 OCC
Aksarben Auto Repair 5 OCC
Redefined Interiors 1 OCC
AssureStart 2 OCC
Reclaimed Enterprises 5 OCC
Advent 3 OCC
Angela Joy - Art from the Heart
3 OCC
XTI Inc. 50 OCC
Stephen Center 5 KMTV
Dakota Guardian Trust 3 OWH
Access Bank 5 OCC
57
41
82
Westwood Plaza St Columbkille Church Eagle Ridge Park Blue Barn Theatre KETV Headquarters The Bluewater project
Ritz Lake Project Old Towne Elkhorn BuilderTrend The Rochester Nicholas Flats ProTransit Nanotherapy
Canfield’s Faces Day Spa RSVP Von Maur Omaha Country Club CanCooker
Horizon Biofuels +3 jobs Fremont Health
Acass Systems +3 jobs Rotella’s AIM Institute
BEATRICE
Git n’ Split – expansion
Victorian Inn – expansion
NEBRASKA CITY
Taco Bell
New youth center
YORK
Ruche Botique Prim and Proper Consignments
Beaver Creek Products - expansion
CREIGHTON
Countryside Estates
NORFOLK
Leather & More Farm Bureau Financial Services
Black Cow Fat Pig Pub and Steak
MINATARE
Remington Club Restaurant
SCOTTSBLUFF
Burger King Dented Fender Bar & Grill
Luigi’s Italian Restaurant
16
ENERGY CONSUMPTION AND PRODUCTION IN NEBRASKAKermit Spade, Research Analyst
Energy production and consumption are important factors in today’s economy. With-out energy, lights in businesses and homes don’t turn on, trucks distributing food across the country don’t run, and homes are not heated in the winter. Energy, in short, is vital to our economy and standard of living. Energy is produced from natural resources such as coal, natural gas, various petroleum products, and uranium, as well as in facilities that use renewable resources such as hydro-electric, wind and geothermal power.
In 2012, Nebraska produced 865.9 trillion Btu’s of energy, consumed 857.5 trillion Btu’s, and exported 8.4 trillion Btu’s to other states.1 Btu is short for British thermal unit, which is the quan-tity of heat required to raise the temperature of 1 pound of water by 1 degree Fahrenheit.2 According to the U.S. Energy Information Administration, Nebraska ranks 33rd in total energy consumption for the U.S.1
Most of the energy produced in Nebraska is consumed by the industrial sector, followed by the transportation, residential and com-mercial sectors. Overall, Nebraska ranks sev-enth in total energy consumed per capita in the United States. This is primarily due to Nebraska’s low population and the prevalence of the food processing industry, which is very energy intensive.1
Several surrounding states are ranked simi-larly. Wyoming is ranked first in energy con-sumed per capita, Iowa is fifth, South Dakota is eighth and Kansas is thirteenth.1
Nebraskans used 464 million Btu’s per capita in 2012, at a cost of just over $10 billion. The residential sector spent $1.3 billion on energy, while the commercial sector spent $991 million, the industrial sector spent $2.2 billion, and the transportation sector spent $5.4 billion.1
The majority of Nebraska’s energy production consists of biofuels (69%), followed by nuclear power (16.8%).1
-50 0 50 100 150 200 250 300
Net Interstate Flow of Electricity
Jet Fuel
Other Petroleum
LPG
Hydroelectric Power
Other Renewables
Nuclear Electric Power
Motor Gasoline excl. Ethanol
Biomass
Distillate Fuel Oil
Natural Gas
Coal
Trillions of Btu’s
2012 NEBRASKA ENERGY CONSUMPTION ESTIMATES
»
Transportation
Industrial
Commercial
Residential
ENERGY CONSUMPTION
BY SECTOR
45%
23%
17%
15%
Transportation
Industrial
Commercial
Residential
ENERGY CONSUMPTION
BY SECTOR
45%
23%
17%
15%
NEBRASKA ENERGY PRODUCTION
»
0
50
100
150
200
250
300
BiofuelsNuclear Electric Power
Other Renewable
Energy
Crude OilNatural Gas - Marketed
Tri
llio
ns
of
Btu
’s
TABLE OF CONTENTS 17
Most of Nebraska’s electricity generated in October 2014 came from coal-fired and nuclear power plants, according to the Energy Information Administration.1 Only 9% of Nebraska’s electricity was generated from other renewables, such as wind power. According to the U.S. Department of Energy and the National Renewable Energy Labo-ratory, Nebraska ranked 4th in the nation in wind energy potential and 4th in installed capacity. Only Texas, Kansas and Montana had more installed wind power capacity than Nebraska.3
Nebraska uses proportionally more natural gas and less electricity for home heating than the U.S. average. In October 2014, natural gas and residential and commercial electric-ity cost slightly less in Nebraska than the U.S. average. Industrial electricity cost slightly more in Nebraska than the U.S. average.1
REFERENCES1. U.S. Energy Information Administration. State Profile
and Energy Estimates. U.S. Energy Information Administration. [Online] [Cited: January 14, 2015.] http://www.eia.gov/state/?sid=NE.
2. —. Frequently Asked Questions. eia.gov. [Online] [Cited: March 2nd, 2015.] http://www.eia.gov/tools/faqs/faq.cfm?id=45&t=8.
3. U.S. Department of Energy. WINDExchange. U.S. Department of Energy. [Online] [Cited: January 14, 2015.] http://apps2.eere.energy.gov/wind/windex-change/filter_detail.asp?itemid=2542.
NEBRASKA NET ELECTRICITY GENERATION
»
0 500 1000 1500 2000 2500
Petroleum-Fired
Hydroelectric
Other Renewables
Nuclear
Coal-Fired
GWh
ENERGY SOURCE USED FOR HOME HEATING
»
0%
10%
20%
30%
40%
50%
60%
70%
80%
Other/NoneLiquefied Petroleum Gases
ElectricityFuel OilNatural Gas
Nebraska U.S. Average
0%
10%
20%
30%
40%
50%
60%
70%
80%
Other/NoneLiquefied Petroleum Gases
ElectricityFuel OilNatural Gas
Nebraska U.S. Average
NEBRASKA/U.S. PRICE DIFFERENTIALS
»
-20% -15% -10% -5% 0% 5%
Electricity - Commercial
Electricity - Residential
Natural Gas - Residential
Natural Gas - Citygate
Electricity - Industrial
18
OMAHA LABOR AVAILABILITY REPORT WEB SPOTLIGHTJennifer Gildersleeve, Research Analyst
The Nebraska Departments of Economic Devel-opment and Labor recently collaborated on a survey designed to measure labor availability in the Lincoln and Omaha metro areas of Nebraska. The Lincoln labor availability report was released in December 2014 and the Omaha report was released in January 2015. Selected results from the Omaha report are below.
The Metro Area Labor Availability Survey found an estimated 300,043 potential job seekers in the Omaha survey area. The majority of these potential job seekers said they were currently employed. Others were out of work or seeking to reenter the workforce after time spent in retirement or homemaking.
Unemployed respondents were the most likely to be potential job seekers at 64.5%, and employed respondents were the second most likely to be potential job seekers at 40.6%. Over 26% of homemakers and 6.7% of retired respondents were also potential job seekers.
Potential job seekers were asked if they were actively seeking a new job. Among potential job seekers who answered the question, 33.3% indicated that they were actively seeking a new job. In the Omaha survey area, this is estimated to be up to 99,914 potential job seekers who are actively seeking new jobs.
Potential job seekers in the Omaha survey area, including both active and non-active seekers, indicated that they are willing to take new work or change jobs in the next year if a suitable job presents itself. The median wage sought by this group was a minimum of $41,600 annually, or $20 an hour for full-time, year-round work. Nearly all (97%) potential job seekers stated that they were willing to commute 15 minutes or more each way for suitable work. The median tenure of employed potential job seekers at their current job is five years.
17
E | POTENTIAL JOB SEEKERS
Potential job seekers were slightly more likely to live with children than non-seekers. For instance, 23.4% of potential job seekers reported that they lived with children ages 5 and under compared to 20.4% of non-seekers, and 21.9% of potential job seekers reported that they lived with children ages 6-12 compared to 18% of non-seekers. Additionally, 16.5% of seekers lived with children ages 12-18 compared to 14.1% of non-seekers.
Potential job seekers were less likely to be veterans than non-seekers. Veterans composed 6.6% of poten-tial job seekers compared to 12.1% of non-seekers.
Unemployed respondents were the most likely to be potential job seekers at 64.5%, and employed respondents were the second most likely to be potential job seekers at 40.6%. Over 26% of home-makers and 6.7% of retired respondents were also potential job seekers.
OMAHA LABOR AVAILABILITY REPORT | NEBRASKA DEPARTMENT OF LABOR
50
The graphs above pertain to potential job seekers who reported that lack of education was an obstacle that would prevent them from changing jobs or reen-tering the workforce. Seventy-three percent of those respondents indicated that they would be willing to complete a certificate or degree in order to improve their employment situation. Perceived barriers to obtaining training are shown in the graphs.
Active job seekers are a subset of potential job seekers that indicated they were actively looking for a new job. Potential job seekers were asked if they were actively seeking a new job. Among potential job seekers who answered the question, 33.3% indi-cated that they were actively seeking a new job. In the Omaha survey area, this is estimated to be up to 99,914 potential job seekers that are actively seeking new jobs.
POTENTIAL JOB SEEKER BY EMPLOYMENT STATUS
POTENTIAL JOB SEEKERS ACTIVELY SEEKING A NEW JOB
»
»
TABLE OF CONTENTS 19
More than half of potential job seekers said they had at least a bachelor’s degree. Potential job seekers identified salary, use of skills they already possessed, and a schedule that fit their needs as the most important factors in improving their employment situation. They named inadequate pay offered by area employers, lack of job opportunities in the area, and inadequate benefits offered by area employers as the most common barriers to improving their employment situation.
27
E | POTENTIAL JOB SEEKERS
DESIRED EMPLOYMENT OF POTENTIAL JOB SEEKERS
Potential job seekers in Omaha had different requirements for the minimum amount of pay desired to improve their employment situation depending on their current occupation, industry, education level, and employment status. In this section, only respondents who provided data regarding their wage requirements were analyzed.
For the purpose of this analysis, non-seekers were defined as those who did not answer ‘yes’ or ‘maybe’ when asked if they would reenter the workforce or change jobs in the next year. Respondents’ desired pay was analyzed regardless of their current employment situation.
Potential job seekers generally require less pay to improve their employment situation than those who are not potential job seekers. The median minimum payment sought by potential job seekers was estimated at $41,600 based on survey results. This equates to a wage of about $20 per hour for full-time, year-round work. The median minimum wage sought for those who were not potential seekers was $60,000 annually, or approximately $28.85 per hour for full time, year round work. According to survey results, nearly all (95%) of non-seekers in Omaha would accept a new job for $175,000, while nearly all potential job seekers would accept a new job for around $112,000.
OMAHA LABOR AVAILABILITY REPORT | NEBRASKA DEPARTMENT OF LABOR
32
There are many factors to consider when choosing a new job or deciding to make a career change. Poten-tial job seekers in the Omaha area were asked to rate the importance of 20 items frequently considered when choosing a place of employment. Blank responses were not counted in any of the below analysis of important factors.
FACTORS IMPORTANT TO POTENTIAL JOB SEEKERS
MINIMUM PAY TO CHANGE JOBS BY SEEKER STATUS
FACTORS IMPORTANT TO POTENTIAL JOB SEEKERS
»»
20
Of those potential seekers who answered questions about the most important factors they look for in a job, 89.4% said salary was either important or very important to them. Salary was the only factor that over half of respondents listed as very important. The top five important factors to potential seekers based on ratings of very important or important were salary, using skills they already have, work schedule, paid vacation, and level of responsibilities. Potential job seekers in Omaha didn’t seem to value tuition reimbursement, working from home, accessible childcare, and proximity to public transportation as much as other factors, with 30% or fewer seekers listing these factors as important or very important to them.
IMPORTANT FACTORS BY CURRENT INCOME
Income categories of potential seekers were calculated by using their reported current salaries. If annual salary data was not provided, approximate current income was calculated by multiplying reported hourly wage by the average number of hours they reported working. If neither annual salary data nor hourly wage and hours worked were reported potential seekers were not counted in this breakdown.
Paid vacation, dental insurance, and health insurance were far more important to potential job seekers making $100k and over per year than those making $25k or under annually. Tuition reim-bursement and job location near public transportation were over 10% more important to those making $25k or under compared to those making $100k or more. Learning new skills and opportu-nities were more important to lower earners, while responsibilities in a job were more important to higher earners. Using skills already possessed and accessible childcare had about the same level of importance to both income groups.
45
E | POTENTIAL JOB SEEKERS
Paid vacation, dental insurance, and health insurance were far more important to potential job seekers making $100k and over per year than those making $25k or under annually. Tuition reimbursement and job location near public transportation were over 10% more important to those making $25k or under compared to those making $100k or more. Learning new skills and opportunities for advancement were more important to lower earners, while responsibilities in a job were more important to higher earners. Using skills already possessed and accessible childcare had about the same level of importance to both income groups.
DIFFERENCE IN ITEM IMPORTANCE OF POTENTIAL JOB SEEKERS 25K AND UNDER VS. 100K AND OVER
»
TABLE OF CONTENTS 21
BARRIERS TO POTENTIAL JOB SEEKERS
Of the potential job seekers who answered questions about employment obstacles, over 60% listed inadequate pay and lack of job opportunities as obstacles to changing jobs or reentering the work-force within the next year. Inadequate benefits and inadequate hours were also commonly cited by potential jobs seekers as obstacles to employment at 53% and 45.6% respectively. All four of the most commonly cited obstacles to employment (inadequate pay, lack of job opportunities, inade-quate benefits, and inadequate hours) are job market-related issues rather than workforce related issues such as lack of experience and training.
OBSTACLES OF EMPLOYMENT AMONG POTENTIAL JOB SEEKERS
Section 9Ei
NO JOB EXPERIENCE
DISABILITY
CRIMINAL RECORD
EMPLOYMENT HISTORY
LANGUAGE BARRIERS
CONTRACTUAL COMMITMENTS
OTHER
LACK OF CHILDCARE
POOR CREDIT
TRANSPORTATION
FAMILY COMMITMENTS
LACK OF EDUCATION
LACK OF TRAINING
OVERQUALIFIED
INADEQUATE HOURS OFFERED AT AREA EMPLOYERS
INADEQUATE BENEFITS AT AREA EMPLOYERS
LACK OF JOB OPPORTUNITIES IN THE AREA
INADEQUATE PAY OFFERED AT AREA EMPLOYERS
4.7%
6.9%
9.8%
9.9%
10.8%
11.1%
11.2%
12.7%
13.0%
15.3%
26.3%
28.3%
30.2%
30.5%
45.6%
53.0%
60.4%
63.3%
OBSTACLES OF EMPLOYMENT AMONG POTENTIAL JOB SEEKERS
»
OMAHA LABOR AVAILABILITY REPORT | NEBRASKA DEPARTMENT OF LABOR
58
Employed workers in Omaha were asked if they were receiving specific benefits from their primary employer.
Paid vacation was received by the most workers. About 74.9% of workers said they receive paid vacation, fol-lowed by paid holidays, at 72.8%.
Employed workers were also able to write in additional benefits they received, if applicable. Examples of the other benefits reported include life insurance, use of company vehicles, profit sharing, stock options/bonuses, and gym memberships/wellness activities.
BENEFITS RECEIVED
BENEFITS OF CURRENTLY EMPLOYED
»
22
BENEFITS RECEIVED
Employed workers in Omaha were asked if they were receiving specific benefits from their primary employer.
Paid vacation was received by the most workers. About 74.9% of workers said they receive paid vacation, followed by paid holidays, at 72.8%.
Employed workers were also able to write in additional benefits they received, if applicable. Examples of the other benefits reported include life insurance, use of company vehicles, profit sharing, stock options/bonuses, and gym memberships/wellness activities.
CONCLUSION
Many factors can affect labor availability in a regional labor market. Geography, pay and benefits, education and skill requirements, work schedules, and many other factors may be considered in someone’s decision to take a job. The Omaha Labor Availability Report examined the employee side of the equation, namely, the views of the workers.
This study has identified that there is a large pool of potential job seekers in the Omaha labor market area. The findings can be used to better understand what is important to these potential job seekers and the barriers they may encounter to accepting a new job. Economic developers, educators, employers, legislators, and others involved in shaping the local economy can use this information to help existing businesses grow and attract new employers and workers to the area.
The Omaha Labor Availability report is available in full here.
OMAHA LABOR AVAILABILITY REPORTCONTINUED FROM PAGE 21
TABLE OF CONTENTS 23
A NEW AREA OF NEBRASKA? PART ONENancy Ritchie, Research Analyst
From a labor market information perspective, one might say that Hall, Hamilton, Howard and Merrick counties comprise a relatively new area in Nebraska. The Grand Island Metropolitan Sta-tistical Area came into being February 28, 2013. Grand Island had previously been defined as a Micropolitan Statistical Area prior to the addition of Hamilton County.
Defined by the federal Office of Management and Budget, a Metropolitan Statistical Area (MSA) is a geographic entity for use by federal statistical agencies based on the concept of a core area with a large population nucleus, plus adjacent communities having a high degree of economic and social integration with that core. Qualifica-tion of a metropolitan statistical area requires the presence of an Urbanized Area (UA) with a total population of at least 50,000.
With the addition of the Grand Island MSA, the state contains four MSAs. The Omaha MSA is the
largest and includes five Nebraska counties (Cass, Douglas, Sarpy, Saunders and Wash-ington) and three counties in Iowa (Harri-son, Mills and Pottawatamie). Lancaster and Seward counties make up the Lincoln MSA. The Sioux City MSA includes counties from three different states: Plymouth and Wood-bury counties in Iowa, Union county in South Dakota, and Dakota and Dixon counties in northeast Nebraska.
The largest city in the new MSA is Grand Island. Other towns include Aurora, Central City, St Paul, and Wood River, with pop-ulations of 1,000 to 5,000. Towns within the MSA with populations of 500 to 1,000 include Alda, Cairo, and Doniphan. Smaller communities in this area consist of Boelus, Chapman, Clarks, Cotesfield, Cushing, Dan-nebrog, Elba, Farwell, Giltner, Hampton, Hordville, Marquette, Palmer, Silver Creek, Stockham, and St Libory.
CherryHolt
Custer
Sioux
Lincoln
Sheridan
MorrillGarden
Knox
Keith
Dawes
RockBrown
Gage
Hall
Dundy
Chase
Buffalo
Grant
Clay
Kimball
York
Frontier
Otoe
Dawson
Cedar
PlatteArthur
Burt
Perkins
Cheyenne
Hayes
Blaine Loup
Box Butte
Cass
Boyd
BooneBanner
Polk Butler
Furnas
Hooker
Antelope
Saline
Valley
Pierce
Logan
Thomas
Lancaster
Harlan
Adams
Thayer
Dodge
Phelps
Saunders
McPherson
DeuelHoward
Cuming
Seward
Greeley
Fillmore
Hitchcock
Garfield
Franklin
Keya Paha
Webster
Nance
MadisonWheeler
Nuckolls
Merrick
Colfax
Gosper
Scotts Bluff
Jefferson
Wayne
Sherman
Red Willow
Kearney
Hamilton
Pawnee Richardson
NemahaJohnson
Thurston
Douglas
Sarpy
Stanton
Dakota
Washington
Plymouth
Woodbury
Dixon
Union
Mills
Harrison
Pottawattamie
Grand Island MSA Lincoln MSA
Omaha MSA
Sioux City MSANEBRASKA MSAs
»
24
EMPLOYMENT BY INDUSTRY
The four counties included in the new MSA tend to share similar employment patterns. For instance, healthcare ranks in the top five industries for employment levels in all four counties. In Hall, Hamilton and Merrick, man-ufacturing is in the top five. Retail is ranked in the top five in all counties as well. These figures are based on the average employment in each industry for the entire MSA. The fig-ures below display data from those industries covered under Unemployment Insurance defi-nitions. Most agriculture workers and those employed by the railroads in the state are not included.
INDUSTRY AVERAGE ESTABLISHMENTS
AVERAGE EMPLOYMENT
TOTAL WAGE
AVERAGE WEEKLY WAGE
Accommodation and Food Services
159 2810 $37,202,334 $255
Manufacturing 36 2684 $322,444,875 $789
Health Care and Social Assistance
134 1468 $217,895,374 $595
Retail Trade 92 1440 $129,558,443 $403
Educational Services 14 1278 $96,232,297 $687
Source: Nebraska Department of Labor, Office of Labor Market Information, Quarterly Census of Employment and Wages Program
According to the North American Industry Classification System (NAICS), there are 21 subsectors included in manufacturing. These subsectors are part of a diverse spectrum ranging from food, beverages, and apparel to wood products, chemicals, and plastics, as well as fabricated metals, computers, other electronics, and transportation equipment.
The accommodation and food services sector includes hotels/motels, RV parks, and room-ing and boarding houses, among others. The food service part of the equation is comprised of fast food, full service restaurants, catering, cafeterias, and bars.
Health care and social assistance includes a wide range of items. The main subsectors are ambulatory health care services, hospi-tals, nursing and residential care facilities and social assistance.
NEBRASKA
Grand Island MSA Top 5 Average Employment
Educational Services
Retail Trade
Health Care & Social Assistance
Manufacturing
Accommodation & Food Services
29%
28%
15%
15%
13%
GRAND ISLAND MSA TOP 5 AVERAGE EMPLOYMENT
NEBRASKA
Grand Island MSA Top 5 Average Employment
Educational Services
Retail Trade
Health Care & Social Assistance
Manufacturing
Accommodation & Food Services
29%
28%
15%
15%
13%
GRAND ISLAND MSA TOP 5 AVERAGE EMPLOYMENT
Source: Nebraska Department of Labor, Office of Labor Market Information, Quarterly Census of Employment and Wages Program
ESTIMATED EMPLOYMENT Q3 2014
»
Estimated Employment Q3 2014
2,500
2,950
3,400
3,850
4,300
4,750
5,200
5,650
6,100
6,550
7,000
Food Preparation & Serving Related
Transportation & Material Moving
Sales & Related
Office & Adminstrative Support
Production
Estimated Employment Q3 2014
2,500
2,950
3,400
3,850
4,300
4,750
5,200
5,650
6,100
6,550
7,000
Food Preparation & Serving Related
Transportation & Material Moving
Sales & Related
Office & Adminstrative Support
Production
Source: Nebraska Department of Labor, Office of Labor Market Information, Occupational Employment Statistics Program
TABLE OF CONTENTS 25
Retail trade encompasses motor vehicles, furniture, food & beverages, clothing, sport-ing goods and general merchandise, among others. Businesses that sell products through non-traditional means, such as electronic and mail-order houses, are listed under retail trade as well. Vending machines also fall under retail trade, along with direct sales.
EMPLOYMENT BY OCCUPATION
The first wage and occupation survey that focused on the Grand Island MSA took place in the third quarter of 2014. Information will continue to be gathered for this new MSA over time. The top five employing occupa-tions in the area include production, office and administrative support, sales and related occupations, transportation and material moving and food preparation and service- related occupations.
The chart to the right displays the median wage of the top five employing occupations for the Grand Island MSA. Of the top five employing occupations in the area, produc-tion and transportation and material moving occupations had the highest median wage of around $30,000.
In addition to the information presented above, there are other important data sources to be considered as well, such as Current Employment Statistics (CES) and Local Area Unemployment Statistics (LAUS). CES provides workforce employment and industry data for Nebraska, Lincoln MSA, Omaha MSA and Grand Island MSA. LAUS provides labor force, employment, unem-ployment, and unemployment rate data for Nebraska, the three MSAs, and substate areas. Due to the annual benchmark process, CES data will be available in late March and LAUS data in late April. More information on these programs and other facts about the Grand Island MSA will be addressed in a future edition of Trends.
MEDIAN WAGES OF TOP 5 EMPLOYING OCCUPATIONS
»
$0
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
ProductionTransportation & Material Moving
Office & Adminstrative
Support
Sales & RelatedFood Preparation & Serving Related
Source: Nebraska Department of Labor, Office of Labor Market Information, Occupational Employment Statistics Program
Of the top five employing occupations in the area, production and transportation and material moving occupations had the highest median wage of around $30,000.
Due to the annual benchmark process, CES data will be available in late March and LAUS data in late April.
ECONOMIC INDICATORS BALANCE ON THE CURRENT ACCOUNTKermit Spade, Research Analyst
In each issue of Trends, the economic indicators section will feature a chart or graph focused on one of the economic indicators listed on the next page. This month, we’ll be focusing on the Balance on the Current Account.
According to the Bureau of Economic Analysis, “The current account records exports and imports of goods, services, income, and current transfers. Exports less imports of goods and services constitute the balance on trade. Receipts of income on U.S.-owned assets abroad less payments of income on foreign-owned assets in the United States make up the balance on income. Unilateral current transfers (such as government grants and institutional and personal remittances) are recorded in the International Transactions Accounts (ITAs) on a net basis. The combined balances on goods and services, income, and net unilateral current transfers make up the current-account balance.”
To learn more, visit http://www.bea.gov/about/pdf/international_ita.pdf
BALANCE ON CURRENT ACCOUNT
26
-250000
-200000
-150000
-100000
-50000
0
1999
, Q1
1999
, Q3
2000
, Q1
2000
, Q3
2001
, Q1
2001
, Q3
2002
, Q1
2002
, Q3
2003
, Q1
2003
, Q3
2004
, Q1
2004
, Q3
2005
, Q1
2005
, Q3
2006
, Q1
2006
, Q3
2007
, Q1
2007
, Q3
2008
, Q1
2008
, Q3
2009
, Q1
2009
, Q3
2010
, Q1
2010
, Q3
2011
, Q1
2011
, Q3
2012
, Q1
2012
, Q3
2013
, Q1
2013
, Q3
2014
, Q1
2014
, Q3
Change Over Last Quarter/Month
METRIC CURRENT TIME UNITED STATES
MIDWEST REGION
NEBRASKA
Real GDP, billions of chained 2009 4th Quarter, 2014 +2.6%
Effective Federal Funds Rate January, 2015 -0.01%
Balance on the US Current Account, in 3rd Quarter, 2014 +1.9%
Barrel of Crude Oil, WTI-Cushing, Spot Price January, 2015 -$12.07
Employment Cost Index 4th Quarter, 2014 +0.6%
Producer Price Index: All Commodities December, 2014 -1.8%
Average Weekly Manufacturing Hours January, 2015 -0.1 +0.4*
House Price Index 3rd Quarter, 2014 +1.4% +1.4% +1.2%
Consumer Price Index, not seasonally December, 2014 -0.6% -0.7%
Unemployment Rate, seasonally adjusted January, 2015 +0.1% -0.2% -0.2%*
New Private Housing Units Authorized by December, 2014 +0.6% 6.7% -4.2%
Net Taxable Sales November, 2014 +1.85
Money Stock, M2 January, 2015 +0.6%
University of Michigan, Consumer December, 2014 +4.8%
* Data is lagged one month
Sources: 1. Federal Reserve Bank of St. Louis. Effective Federal Funds Rate (FEDFUNDS). stlouisfed.org/.
http://research.stlouisfed.org/fred2/series/fedfunds. Balance on Current Account (BOPBCA). stlouisfed.org. http://research.stlouisfed.org/fred2/series/bopbca. Producer Price Index: All Commodities (PPIACO). stlouisfed.org. http://research.stlouisfed.org/fred2/series/ppiaco. Average Weekly Hours of Production and Nonsupervisory Employees: Manufacturing (AWHMAN). stlouisfed.org. http://research.stlouisfed.org/fred2/series/awhman. All-Transactions House Price Index for the United States (USSTHPI). stlouisfed.org. http://research.stlouisfed.org/fred2/series/USSTHPI. All-Transactions House Price Index for the West North Central Census Division (CWNCSTHPI). stlouisfed.org. http://research.stlouisfed.org/fred2/series/CWNCSTHPI. Consumer Price Index for All Urban Consumers: All items in Midwest urban (CUUR0200SA0). stlouisfed.org. http://research.stlouisfed.org/fred2/series/CUUR0200SA0. Civilian Unemployment Rate (UNRATE). stlouisfed.org. http://research.stlouisfed.org/fred2/series/UNRATE. Unemployment Rate in Midwest Census Region (CMWRUR). stlouisfed.org. http://research.stlouisfed.org/fred2/series/CMWRUR. New Private Housing Units Authorized by Building Permits (PERMIT). stlouisfed.org. http://research.stlouisfed.org/fred2/series/PERMIT. New Private Housing Units Authorized by Building Permits in the Midwest Census Region (PERMITMW). stlouisfed.org.http://research.stlouisfed.org/fred2/series/PERMITMW.2. U.S. Energy Information Administration. Spot Prices for Crude Oil and Petroleum Products. eia.gov.
http://www.eia.gov/dnav/pet/pet_pri_spt_s1_d.htm.3. U.S. Bureau of Labor Statistics. Employment Cost Index. bls.gov. http://www.bls.gov/news.release/eci.toc.htm.4. Nebraska Department of Revenue. September 2013 and September 2012. revenue.nebraska.gov.
http://www.revenue.nebraska.gov/research/net_taxable_sales/sales_14/2014_non-mv.html.5. Board of Governors of the Federal Reserve System. federalreserve.gov. RB: H.6 Release--Money Stock and Debt Measures.
http://www.federalreserve.gov/releases/h6/current/default.htm.6. Curtin, Richard T. Survey of Consumers: Welcome. umich.ed. http://press.sca.isr.umich.edu/press/press_release.7. U.S. Department of Commerce: Bureau of Economic Analysis. International Transactions Accounts. bea.gov. http://www.bea.
gov/about/pdf/international_ita.pdf.
27TABLE OF CONTENTS
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Nebraska Department of LaborOffice of Labor Market Information550 S 16th StreetLincoln NE 68508
Telephone 800.876.1377Email [email protected]
Equal Opportunity Employer/Program.Auxiliary aids and services are available upon request to individuals with disabilities.TDD: 1.800.833.7352
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