Embed Size (px)
Citation preview
Manufacturing Trends in Minnesota
Tim O’Neill | Regional Labor Market Analyst
Labor Market Information Office – http://mn.gov/deed/data
Labor market information office
• Each state produces employment and economic statistics in cooperation with U.S. Department of Labor’s Bureau of Labor Statistics
• LMI includes employment statistics, unemployment rates, wages and salaries, job projections and more
• LMI is the foundation for informed, market-responsive planning
How is the job market doing?
U.S. and Minnesota labor market situations
• Recent employment trends
• Longer-term trends
• Unemployment situation
• Labor force participation rates
• Wage growth
Minnesota’s tight labor marketJob Vacancy Survey (JVS)
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0
10.0
0
50,000
100,000
150,000
200,000
250,000
Q2,2001
Q4,2001
Q2,2002
Q4,2002
Q2,2003
Q4,2003
Q2,2004
Q4,2004
Q2,2005
Q4,2005
Q2,2006
Q4,2006
Q2,2007
Q4,2007
Q2,2008
Q4,2008
Q2,2009
Q4,2009
Q2,2010
Q4,2010
Q2,2011
Q4,2011
Q2,2012
Q4,2012
Q2,2013
Q4,2013
Q2,2014
Q4,2014
Q2,2015
Q4,2015
Q2,2016
Q4,2016
Q2,2017
Q4,2017
Q2,2018
Un
emp
loyed
per Jo
b V
acancy
Un
emp
loym
ent
and
Vac
anci
es
Vacancies
Unemployment
Unemployed per Job Vacancy
Minnesota job vacancies by industryJVS Q2 2018
Metro Area production occupations job vacanciesJVS Q2 2018
1. Team Assemblers: 594 vacancies ($13.67 median wage offer)
2. Packaging & Filling Machine Operators & Tenders: 591 ($12.95)
3. Helpers – Production Workers: 562 ($13.37)
4. Bakers: 413 ($11.90)
5. CNC Operators: 412 ($17.65)
6. Welders, Cutters, Solderers, & Brazers: 347 ($17.93)
7. Machinists: 327 ($21.01)
8. Food Batchmakers: 315 ($12.70)
9. First-Line Supervisors of Production Workers: 256 ($25.00)
10. Printing Press Operators: 180 ($13.28)
• Total production occupation vacancies: 6,122 (up 5.6% OTY)
• No formal education required: 36%
• High school diploma/GED: 47%
• Vocational training: 12%
• Associate Degree: 3%
• Bachelor’s Degree+: 2%
• Median wage offer: $14.99/hour
Minnesota’s largest-employing industriesQuarterly Census of Employment and Wages (QCEW) Q2 2018
Industry (NAICS 2-digit) Establishments Number of Jobs Share of Total Jobs Avg. Annual Wage
Total, All Industries 176,042 2,888,253 100.0% $55,744
Health Care & Social Assistance
16,698 495,146 17.1% $50,856
Manufacturing 8,697 320,801 11.1% $64,896
Retail Trade 18,809 298,163 10.3% $30,576
Educational Services 4,270 236,592 8.2% $53,664
Accommodation & Food Services
12,127 235,724 8.2% $19,656
Professional, Scientific, & Technical Services
22,176 162,749 5.6% $90,272
Finance & Insurance 9,700 143,780 5.0% $91,936
Administrative & Support Services
8,395 135,635 4.7% $40,092
Public Administration 3,380 134,976 4.7% $56,524
Wholesale Trade 13,426 131,533 4.6% $78,572
All Other Industries 58,364 593,148 20.5% -
Minnesota’s largest-employing manufacturing subsectorsQCEW Q2 2018
Industry (NAICS 2-digit) Establishments Number of Jobs Share of Total Jobs Avg. Annual WageManufacturing 8,697 320,801 100.0% $64,896
Food Manufacturing 750 46,804 14.6% 49,192
Computer & Electronic Product Manufacturing
529 45,306 14.1% 94,484
Fabricated Metal Product Manufacturing
1,624 43,473 13.6% 58,864
Machinery Manufacturing 859 33,912 10.6% 68,952
Miscellaneous Manufacturing
1,166 24,511 7.6% 70,356
Printing & Related Support Activities
706 20,740 6.5% 57,200
Plastics & Rubber Products Manufacturing
421 16,778 5.2% 53,352
Chemical Manufacturing 366 12,321 3.8% 81,848
Wood Product Manufacturing
355 11,607 3.6% 53,456
Transportation Equipment Manufacturing
226 10,887 3.4% 57,408
All other Mfg. subsectors 1,695 54,454 17.0% -
Minnesota manufacturing trendsQCEW Q2 2000 – Q2 2018
2,6
29
,14
7
2,6
37
,00
3
2,6
02
,87
4
2,6
04
,53
0
2,6
29
,49
0
2,6
49
,92
0
2,7
00
,08
4
2,7
09
,33
1
2,7
04
,56
7
2,5
94
,60
0
2,5
84
,68
5
2,6
22
,68
3
2,6
63
,79
0
2,7
05
,77
2
2,7
45
,99
9
2,7
95
,03
0
2,8
28
,41
7
2,8
69
,95
2
2,8
88
,25
3395,523 342,290
291,378
320,801
2,400,000
2,450,000
2,500,000
2,550,000
2,600,000
2,650,000
2,700,000
2,750,000
2,800,000
2,850,000
2,900,000
2,950,000
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
Total, A
ll Job
sM
anu
fact
uri
ng
Job
s
Total, All Jobs
Manufacturing Jobs
Minnesota’s manufacturing trendsQCEW Q2 2013 – Q2 2018
1/24/2019 Optional Tagline Goes Here | mn.gov/websiteurl 12
Industry Title Q2 2018 Jobs Job Growth Percent
Total, All Industries 2,888,253 +182,481 +6.7%
Manufacturing 320,801 +13,814 +4.5%
Chemical Manufacturing 12,321 +2,643 +27.3%
Plastics & Rubber Products Manufacturing 16,778 +2,284 +15.8%
Miscellaneous Manufacturing 24,511 +2,277 +10.2%
Food Manufacturing 46,804 +2,017 +4.5%
Fabricated Metal Product Manufacturing 43,473 +2,003 +4.8%
Machinery Manufacturing 33,912 +1,609 +5.0%
Beverage & Tobacco Products Manufacturing 4,051 +1,531 +60.8%
Nonmetallic Mineral Product Manufacturing 10,482 +1,479 +16.4%
Minnesota production occupations, 2018Occupational Employment Statistics (OES)
Occupational Title Number of Jobs10th Percentile
Wage25th Percentile
WageMedian Wage
Total, All Occupations 2,838,270 $10.41 $13.41 $20.07
Production Occupations 217,610 $11.54 $14.03 $17.89
Team & All Other Assemblers 30,920 $10.68 $12.90 $15.80
First-Line Supervisors/Managers of Production and Operating Workers
12,050 $19.66 $24.09 $29.47
Machinists 11,800 $15.45 $18.69 $23.40
Helpers--Production Workers 11,340 $10.04 $10.97 $12.57
Electrical & Electro-mechanical assemblers 11,260 $12.51 $14.11 $16.57
Packaging and Filling Machine Operators and Tenders 9,970 $11.00 $12.92 $15.97
Welders, Cutters, Solderers, and Brazers 9,650 $15.59 $17.58 $20.94
Inspectors, Testers, Sorters, Samplers, and Weighers 9,580 $12.78 $15.22 $19.06
Cutting, Punching, and Press Machine Setters, Operators, and Tenders, Metal and Plastic
7,930 $10.57 $13.38 $18.14
Printing Press Operators 6,250 $12.96 $15.89 $20.39
Metro Area’s distinguishing industriesSorted by Location Quotient
Industry TitleNumber of
JobsShare of MN Jobs
LQ
Air Transportation 14,002 94.4% 1.6
Management of Companies 71,555 89.4% 1.5
Securities, Commodity Contracts, & Related Activities 16,771 85.9% 1.4
Computer & Electronic Product Manufacturing 35,756 79.3% 1.3
Professional, Scientific, & Technical Services 124,798 78.0% 1.3
Insurance Carriers & Related Activities 44,315 76.4% 1.3
Miscellaneous Manufacturing 18,599 75.2% 1.2
Real Estate 20,634 75.0% 1.2
Administrative & Support Services 92,599 72.1% 1.2
Personal & Laundry Services 21,147 72.0% 1.2
Central MN’s distinguishing industriesSorted by Location Quotient
Industry TitleNumber of
JobsShare of MN Jobs
LQ
Furniture & Related Product Manufacturing 2,712 28.2% 2.9
Animal Production & Aquaculture 2,614 23.6% 2.4
Heavy & Civil Engineering Construction 4,592 20.1% 2.1
Food Manufacturing 8,452 17.8% 1.8
Plastics & Rubber Products Manufacturing 2,851 17.7% 1.8
Gasoline Stations 4,404 17.3% 1.8
Fabricated Metal Product Manufacturing 7,120 16.8% 1.7
Truck Transportation 4,269 16.1% 1.7
Motor Vehicle & Parts Dealers 5,330 15.1% 1.6
Accommodation 4,872 14.0% 1.5
Southeast MN’s distinguishing industriesSorted by Location Quotient
Industry TitleNumber of
JobsShare of MN Jobs
LQ
Nonmetallic Mineral Product Manufacturing 2,640 25.3% 3.0
Food Manufacturing 10,639 22.4% 2.6
Ambulatory Health Care Services 31,624 20.8% 2.4
Gasoline Stations 3,389 13.3% 1.6
Machinery Manufacturing 4,068 12.4% 1.5
Hospitals 14,497 11.4% 1.3
Nursing & Residential Care Facilities 11,807 10.6% 1.3
Truck Transportation 2,760 10.4% 1.2
Computer & Electronic Product Manufacturing 4,654 10.3% 1.2
Food & Beverage Stores 5,709 10.1% 1.2
Northwest MN’s distinguishing industriesSorted by Location Quotient
Industry TitleNumber of
JobsShare of MN Jobs
LQ
Transportation Equipment Manufacturing 4,062 38.3% 4.9
Crop Production 2,260 30.4% 3.9
Wood Product Manufacturing 3,451 30.4% 3.9
Accommodation 5,792 16.6% 2.1
Gasoline Stations 3,948 15.5% 2.0
Heavy & Civil Engineering Construction 3,558 15.5% 2.0
Food Manufacturing 6,048 12.7% 1.6
Public Administration 15,755 11.9% 1.5
Machinery Manufacturing 3,810 11.6% 1.5
Amusement, Gambling, & Recreation Industries 4,118 11.3% 1.5
Southwest MN’s distinguishing industriesSorted by Location Quotient
Industry TitleNumber of
JobsShare of MN Jobs
LQ
Animal Production & Aquaculture 3,990 36.0% 5.8
Electrical Equip., Appliance, & Component Mfg. 1,996 24.3% 3.9
Food Manufacturing 11,007 23.3% 3.8
Printing & Related Support Activities 3,354 15.2% 2.4
Truck Transportation 3,292 12.4% 2.0
Gasoline Stations 2,844 11.2% 1.8
Merchant Wholesalers, Nondurable Goods 4,506 10.2% 1.6
Machinery Manufacturing 3,222 9.8% 1.6
Nursing & Residential Care Facilities 10,303 9.2% 1.5
Heavy & Civil Engineering Construction 1,932 8.4% 1.4
Northeast MN’s distinguishing industriesSorted by Location Quotient
Industry TitleNumber of
JobsShare of MN Jobs
LQ
Mining (except Oil and Gas) 3,933 70.3% 14.0
Paper Manufacturing 1,953 21.0% 4.2
Utilities 1,629 11.8% 2.3
Accommodation 3,869 11.1% 2.2
Hospitals 13,419 10.6% 2.1
Nursing & Residential Care Facilities 10,745 9.6% 1.9
Gasoline Stations 2,187 8.6% 1.7
Amusement, Gambling, & Recreation Industries 3,098 8.5% 1.7
Public Administration 11,015 8.3% 1.7
Religious, Grant-making, Civic, & Professional Orgs. 2,451 7.1% 1.4
Resources available at DEED
MN DEED labor market tools
• Occupational Employment Statistics Cost of Living Calculator
• Occupations in Demand
• Job Vacancy Survey
• Career and Education Explorer
• Graduate Employment Outcomes
• CareerOneStop and MySkillsMyFuture*
• Quarterly Census of Employment and Wages
• Staffing Patterns
• Current Employment Statistics
• Local Area Unemployment Statistics
• Comparisons (MN and Metro Area)
• Business Finder
• Quarterly Employment Demographics
Occupational employment statisticsmn.gov/deed/oes
Geography Employment 25th Percentile Wage Median Wage 75th Percentile Wage
Metro Area 1,769,290 $14.20 $21.92 $34.43
Minnesota 2,838,270 $13.41 $20.07 $31.06
U.S. 142,549,250 $12.05 $18.33 $29.72
Top-Employing Industries (Metro) Employment Median Wage
Education & Health Services 403,350 $21.97
Trade, Transportation, & Utilities 333,620 $17.87
Professional & Business Services 306,570 $27.36
Manufacturing 173,770 $23.91
Leisure & Hospitality 169,760 $11.55
Financial Activities 133,140 $27.90
Public Administration 88,450 $29.13
Construction 69,260 $30.16
According to DEED’s Cost of Living Calculator, the basic-needs budget for a typical family of three in the Metro is:• $63,996/year• This equates to an
hourly wage of $20.51 for each adult worker
Labor market publications and assistance
• Minnesota Economic Trends: http://mn.gov/deed/trends
• Quarterly magazine on economic topics
• Subscriptions available free of charge or on-line
• Minnesota Employment Review: http://mn.gov/deed/review
• Monthly magazine on economic data and regional trends
• Includes Minnesota business development
• Available exclusively on-line
• LMI Helpline: 651-259-7384
• Send questions by email to [email protected]
Thank You!
Tim O’Neill
Regional Labor Market Analyst
Labor Market Information Office
mn.gov/deed/data
![FAX?! FAX 3,300 s 4 4,200 1'] mags. 4 860 S. 6 6;.3001'] 6 ...katumidori.co.jp/pdf/morikomichirashi.pdfFAX?! FAX 3,300 s 4 4,200 1'] mags. 4 860 S. 6 6;.3001'] 6 912 11,340 3 866 a03-5437-1228](https://img.pdfslide.us/doc/110x75/5b27bd4a7f8b9ae17f8b4570/fax-fax-3300-s-4-4200-1-mags-4-860-s-6-63001-6-fax-3300-s-4-4200.jpg)
