Maryland’s Employment SituationMaryland’s Employment Situation

Maryland Sector Strategies Academy

June 25, 2009

Tim Bibo, Jr.

Major AreasMajor Areas

• Labor Force and Demographics

• Industry Trends• Regional Industry

Trends

• Labor Force and Demographics

• Industry Trends• Regional Industry

Trends

Labor Market Snapshots: MarylandLabor Market Snapshots: Maryland

May, 2008 May, 2009One-year Change

Labor Force 2,995,817 2,955,300 -1.4%

Employment 2,872,981 2,742,806 -4.5%

Unemployment 122,836 212,494 73.0%

Unemployment Rate 4.1% 7.2%

Data Source: U.S. Department of Labor, Bureau of Labor Statistics

National Unemployment Rate – May 2009National Unemployment Rate – May 2009

1.9%orbelow

10.0%orover7.0%to9.9%6.0%to6.9%5.0%to5.9%4.0%to4.9%3.0%to3.9%2.0%to2.9%

Data Source: U.S. Department of Labor, Bureau of Labor Statistics

County Unemployment Rates – April 2009County Unemployment Rates – April 2009

1.9%orbelow

10.0%orover7.0%to9.9%6.0%to6.9%5.0%to5.9%4.0%to4.9%3.0%to3.9%2.0%to2.9%

Data Source: U.S. Department of Labor, Bureau of Labor Statistics

Population GrowthPopulation GrowthO

ne-y

ear

change in p

opula

tion

Years

0.0%

0.3%

0.6%

0.9%

1.2%

1.5%

MarylandUnitedStates

2007

-200

8

2006

-200

7

2005

-200

6

2004

-200

5

2003

-200

4

2002

-200

3

2001

-200

2

2000

-200

1

Data Source: U.S. Census Bureau

Maryland Intra-State MigrationMaryland Intra-State MigrationNetMigration FlowsforMaryland,1981-2007

-1.6

-6.6

9.5

11.8

21.7

24.726.7

17.4

10.2

7.1

-1.9

-4.3

0.5 0.5

-6.7 -7.2

-3.7

5.6

12.8

16.2

8.9

-1.4

-6.8

-16.6

-23.6

-0.2-0.5

-30

-20

-10

0

10

20

30

19

81

19

8319

8519

87

19

89

19

9119

9319

95

19

9719

9920

01

20

03

20

05

2007

Thou

sands of

peo

ple

PreparedbytheMarylandDepartmentofPlanning,PlanningDataServicesbasedonsummarydatapreparedbytheInternalRevenueService.

Place of Birth: Foreign-Born PopulationPlace of Birth: Foreign-Born Population

0%

10%

20%

30%

40%

50%

60%

Maryland

UnitedStates

OceaniaNorthernAmerica

EuropeAfricaAsiaLatinAmerica

53.5%

1.6%2.3%

12.8%13.3%16.1%

3.7%

33.7%

26.8%

35.4%

0.4%0.5%

Sh

are

of

the f

ore

ign-b

orn

popu

lati

on

Place of birthData Source: U.S. Census Bureau

Maryland’s Labor Force 2010 to 2025Maryland’s Labor Force 2010 to 2025

Data Source: Maryland Department of Planning

-5%

24%

-6%

-13%

35%

-20%

-10%

0%

10%

20%

30%

40%

16-24 25-34 35-44 45-54 55+

Change in Maryland’s Population 2010 to 2030Change in Maryland’s Population 2010 to 2030

-200,000

-100,000

0

100,000

200,000

300,000

400,000

500,000

600,000

700,000

800,000

0to 24 25to 44 45to 64 65+

+190,737+267,617

-163,365

+609,888

Data Source: Maryland Department of Planning

Po

pu

lati

on

Ch

an

ge

Age Group

Workers 55 and Older: by Industry SectorWorkers 55 and Older: by Industry Sector

0% 5% 10% 15% 20% 25% 30%

Accommodation andFoodServices

Information

Construction

Finance and Insurance

Admin., Support,Waste, andRemediation

RetailTrade

Management of Companies and Enterprises

Utilities

Transportation andWarehousing

WholesaleTrade

All Sectors

HealthCare andSocial Assistance

Real Estate andRental andLeasing

Manufacturing

OtherServices (except PublicAdministration)

PublicAdministration

Educational Services 26%

10%

14%

15%

15%

15%

16%

16%

17%

17%

18%

18%

18%

19%

20%

21%

23%

Percent of workers ages 55 and olderData Source: U.S. Census Bureau

Jobs in Maryland: May 2008 to May 2009Jobs in Maryland: May 2008 to May 2009

Data Source: Maryland Department of Labor, Licensing and Regulation

Nu

mb

er

of

Jo

bs

Month *Seasonally Adjusted

2,500,000

2,520,000

2,540,000

2,560,000

2,580,000

2,600,000

2,620,000

May-2008

Jun-2008

Jul-2008

Aug-2008

Sep-2008

Oct-2008

Nov-2008

Dec-2008

Jan-2009

Feb-2009

Mar-2009

Apr-2009

May-2009

Job Change in Maryland: May 2008 to May 2009Job Change in Maryland: May 2008 to May 2009

Data Source: Maryland Department of Labor, Licensing and Regulation

Ind

ust

ry S

ecto

r

One Year Change in Number of Jobs

*Seasonally Adjusted

-30,000 -25,000 -20,000 -15,000 -10,000 -5,000 0 +5,000 +10,000

Educational & Health Care

Government

Information

OtherServices

Professional and Business Services

Manufacturing

Leisure & Hospitality

Financial Activities

Trade,Transportation &Utilities

Natural Resources &Construction -27,400

-20,200

-10,700

-7,600

-5,300

-3,500

-2,400

-1,900

+5,300

Maryland Growth Industries: May 2008 to May 2009Maryland Growth Industries: May 2008 to May 2009

Retail Trade• Food and Beverage Stores• Grocery Stores• General Merchandise Stores

Professional and Business Services• Computer Systems Design & Related Services• Management & Technical Consulting Services• Scientific Research & Development

Management of Companies and Enterprises

Education and Health Care and Social Assistance• Education• Ambulatory Health Care Services• Hospitals• Nursing and Resident Care Facilities• Social Assistance

Government• Federal• State (Education)• Local (Education)

Ten Fastest-Growing OccupationsTen Fastest-Growing Occupations

Occupation Annual Growth Rate

Network Systems & Data Communications Analysts 5.5%

Computer Software Engineers, Applications 4.9%

Respiratory Therapists 4.6%

Surgical Technologists 4.5%

Home Health Aides 4.5%

Self-Enrichment Education Teachers 4.2%

Mental Health Counselors 4.2%

Occupational & Physical Therapist Assistants & Aides 4.1%

Personal & Home Care Aides 4.0%

Personal Financial Advisors 3.9%

Data Source: Maryland Department of Labor, Licensing and Regulation

Jobs Openings by Skill LevelJobs Openings by Skill Level

High Skill35%

LowSkill23%

MiddleSkill42% Jobsthat requiremore

thanahigh schooldiplomabut lessthanafour-year degree

Jobsthat requireahigh schooldiplomaor less

Jobsthat requireafour-yearcollegedegreeormore

Source: The Workforce Alliance’s Analysis of data from the Maryland Department of Labor, Licensing and Regulation

Baltimore – Towson MSABaltimore – Towson MSA

1,283,300 jobs (Apr. 09’)-32,000 (Apr. 08’ – Apr. 09’)

Growth Industries (Apr. 08’ – Apr. 09’)• Comp & Elec. Manufacturing• Comp. Sys. Design and Services• Scientific R&D• Education• Health Care• Government

Data Source: Maryland Department of Labor, Licensing and Regulation

MD Portion of DC Metro MSAMD Portion of DC Metro MSA

381,400 jobs (Apr. 09’)-16,800 (Apr. 08’ – Apr. 09’)

Growth Industries (Apr. 08’ – Apr. 09’)• Food and Beverage Stores• Administrative and Support Services• Healthcare• Government (Federal)

Data Source: Maryland Department of Labor, Licensing and Regulation

Bethesda-Frederick-Rockville Metro DivisionBethesda-Frederick-Rockville Metro Division

574,100 jobs (Apr. 09’)-1,600 (Apr. 08’ – Apr. 09’)

Growth Industries (Apr. 08’ – Apr. 09’)• Prof. Sci. & Tech Services• Healthcare• Food Service and Drinking Places• Government

Data Source: Maryland Department of Labor, Licensing and Regulation

MD Portion of Hagerstown-Martinsburg MSAMD Portion of Hagerstown-Martinsburg MSA

99,200 jobs (Apr. 09’)-2,600 (Apr. 08’ – Apr. 09’)

Growth Industries (Apr. 08’ – Apr. 09’)• Prof. & Bus. Services• Government

Data Source: Maryland Department of Labor, Licensing and Regulation

Salisbury MSASalisbury MSA

54,100 jobs (Apr. 09’)-2,000 (Apr. 08’ – Apr. 09’)

Growth Industries (Apr. 08’ – Apr. 09’)• Government

Data Source: Maryland Department of Labor, Licensing and Regulation