Local Employment Dynamics Data

Local Employment Dynamics Data

Tracking the economy through boom, bust and recovery

Why Use LED Data?

1. Available for smaller regions.

2. Employment indicators important.

3. Greater understanding of economy.

4. Demographics of employment.

5. Time series data.

6. Data extraction tool makes it easy.

Why Use LED Data?

7. Inform private-sector decisions.

8. Efficiently allocate public resources.

Types of LED Research

Earnings byEducation,

Industry andGender

Trends inSpecific Industry

(Health care/Social Services)

HiresAnd

Stable-HireEarnings

UsingTableau to

AnalyzeLED Data

Box ElderCache Rich

Weber

Tooele

Salt Lake

Morgan

SummitDaggett

Utah

WasatchDuchesne

Uintah

Juab

Sanpete

Carbon

Emery

Grand

Millard

Piute

Garfield

Sevier

Wayne

San Juan

Iron

Beaver

Washington Kane

Davis

Southwest

Workforce

Investment

Area

Central

Workforce

Investment

Area

Where in the world is . . .?

Earnings

Education, Industry, Gender

Earnings by Education

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

$3,500

$4,000

$4,500

$5,000

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

Utah Average Monthly Wage by Worker Education*

Bachelor's Degree or Higher

Some College/Associate

High School

Less than High School

*Workers 25 and older only.Source: U.S. Census Bureau; Local Employment Dynamics program.

As expected,

additional

educational

attainment results in

higher earnings.


$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

$3,500

$4,000

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

Central Utah Average Monthly Wage by Worker Education*


High School




In Central Utah,

earnings are more

compressed than

statewide.


$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

$3,500

$4,000

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

Southwest Utah Average Monthly Wage by Worker Education*


High School




Earnings by Education and Industry

15%

18%

26%

28%

29%

24%

31%

30%

37%

41%

42%

41%

44%

50%

50%

53%

56%

54%

68%

76%

52%

24%

32%

40%

40%

40%

44%

49%

53%

58%

63%

63%

64%

70%

82%

85%

88%

91%

91%

104%

124%

81%

Agriculture, Forestry, Fishing and Hunting

Accommodation and Food Services

Construction

Transportation and Warehousing

Mining, Quarrying, and Oil and Gas Extraction

Public Administration

Other Services

Utilities

Manufacturing

Retail Trade

Real Estate and Rental and Leasing

Arts, Entertainment, and Recreation

Administrative/Support/WasteMngnt/Remediation Services

Educational Services

Information

Wholesale Trade

Finance and Insurance

Professional, Scientific, and Technical Services

Management of Companies and Enterprises

Health Care and Social Assistance

All Industries

Bachelor's Degree WagePremium--High SchoolGraduate

Bachelor's Degree WagePremium--SomeCollege/Associate Degree

Utah Bachelor's-Degree-or-Higher Wage Premium compared to Wages of

Workers with Other Educational Levels*2006-2010 Average


In these

industries, a

college-

education

really pays.

Earnings by Education and Industry

Central Utah Bachelor's-Degree-or-Higher Wage Premium compared to Wages of



-7%

10%

21%

22%

24%

25%

25%

30%

37%

38%

41%

47%

52%

69%

73%

86%

92%

92%

108%

108%

61%

2%

6%

17%

17%

13%

18%

18%

21%

20%

23%

28%

30%

43%

55%

38%

66%

57%

65%

74%

72%

43%





Utilities

Other Services

Construction


Retail Trade



Manufacturing


Wholesale Trade


Administrative and Support and Waste Management andRemediation

Information




All Sectors



In this

industry,

education

did not

increase

earnings. . .

Earnings by Education and IndustrySouthwest Utah

Bachelor's-Degree-or-Higher Wage Premium compared to Wages of



12%

10%

30%

13%

20%

21%

26%

27%

23%

29%

27%

33%

30%

25%

33%

44%

46%

61%

79%

71%

42%

17%

18%

23%

27%

29%

32%

33%

36%

37%

41%

44%

46%

46%

49%

53%

68%

72%

95%

120%

133%

60%

Construction




Administrative and Support and WasteManagement and Remediation Services



Manufacturing

Other Services



Wholesale Trade

Retail Trade

Information

Utilities






All Sectors



In Southwest

Utah, education

results in only a

small premium

in the

construction

industry.

Earnings by Education and IndustryUtah County-Level

Bachelor's-Degree-or-Higher Wage Premium compared to Wages of

Workers with High School Education*

2006-2010 Average


26%

39%

44%

49%

49%

50%

50%

51%

52%

53%

54%

56%

58%

59%

61%

62%

65%

65%

66%

67%

68%

70%

74%

75%

80%

81%

81%

81%

82%

88%

Duchesne

Uintah

Beaver

Sevier

Carbon

Wayne

Tooele

Kane

Morgan

Daggett

Juab

Grand

Iron

Washington

San Juan

Cache

Garfield

Weber

Emery

Davis

Sanpete

Wasatch

Millard

Summit

Rich

Utah

State

Piute

Salt Lake

Box Elder

Location

matters. Two

counties with

high levels of

oil/gas industry

employment

Earnings by Education and Gender

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

$3,500

$4,000

$4,500

$5,000

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

Central Utah Average Monthly Wage by Gender and Education Level*

Female Bachelor's Degree

Female High School

Male Bachelor's Degree

Male High School


In Central Utah,

men with a high-

school education

earn more than

women with a

bachelor’s degree.

Earnings by Education and Gender

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

$3,500

$4,000

$4,500

$5,000

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

Southwest Utah Average Monthly Wage by Gender and Education Level*

Female Bachelor's Degree

Female High School

Male Bachelor's Degree

Male High School


In Southwest Utah, men

with a high-school

education earn only

slightly more than

women with a

bachelor’s degree.

Other National Indicators

35%

37%

44%

45%

45%

46%

47%

50%

53%

54%

56%

63%

66%

67%

67%

69%

73%

74%

77%

58%

Admin Support/Waste Mgmnt/Remediation Svcs

Other Services


Information

Retail Trade

Wholesale Trade





Manufacturing


Construction


Utilities





All SectorsCentral Utah Degreed Female Average

Monthly Wage as a Percentage of

Degreed Male Average Monthly Wage*

2006-2010


Other National Indicators

Southwest Utah Degreed Female Average Monthly

Wage as a Percentage of Degreed Male Average Monthly

Wage*2006-2010


58%

79%

73%

68%

67%

66%

64%

64%

62%

62%

59%

58%

57%

56%

55%

51%

51%

50%

50%

46%

42%

All Sectors




Admin Support/Waste Mgmnt/Remediation

Information


Construction



Manufacturing

Utilities

Management of Companies andEnterprises

Wholesale Trade

Other Services


Mining, Quarrying, and Oil and GasExtraction

Retail Trade

Professional, Scientific, and TechnicalServices



In Southwest

Utah, the public

sector offers the

best wage parity

for men and

women with a

bachelor’s degree

or higher.

Specific Industry

Educational Levels

Trends in Health care/Social Services

9% 9% 9% 10% 10% 10% 10% 10%

29% 29% 29% 29% 29% 30% 29% 29%

40% 40% 40% 39% 39% 39% 40% 40%

22% 22% 22% 22% 22% 21% 21% 21%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2005 2006 2007 2008 2009 2010 2011 2012

Central Area Health Care/Social Assistance Share of Employment by Educational Level*


Some College or Associate Degree

High School or Equiv


* Workers 25 and older.Source: U.S. Census Bureau; Local Employment Dynamics.

In Central Utah, the

share of

employment by

educational

category has

remained fairly

stable.

Trends in Health care/Social Services

7% 7% 8% 8% 9% 9% 9% 10%

24% 24% 25% 25%27% 27% 27% 27%

40% 40% 39% 39%38% 37% 38% 38%

29% 29% 28% 28% 26% 26% 26% 25%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2005 2006 2007 2008 2009 2010 2011 2012

Southwest Health Care/Social Assistance Employment by Educational Level*


Some College or Associate Degree

High School or Equiv


* Workers 25 and older.Source: U.S. Census Bureau; Local Employment Dynamics.

In Southwest Utah,

the share of

employment with a

bachelor’s degree or

higher has declined.

Examining Hires

Boom to Bust to Recovery

22%

23%

24%

25%

26%

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Recession as Determined by the National Bureau of Economic Research.

Smaller share

of hires as

the economy

heats up.

Share of

hires

increases

during

recession

and

recovery.

Decreasing

share as the

economy

expands.

* Four-quarter moving average; individuals 25 years and older only.

Source: U.S. Census Bureau, Local Employment Dynamics.

Utah Share of New Hires* with a Bachelor’s Degree or Higher

Hires—Boom to Recession to Recovery


10%

16%

16%

16%

16%

17%

17%

17%

18%

18%

18%

18%

19%

19%

19%

19%

20%

20%

20%

20%

21%

22%

22%

22%

23%

24%

24%

25%

26%

26%

PiuteSevier

BeaverDuchesne

UintahEmeryWayne

GarfieldMillardCarbonGrand

San JuanDaggett

JuabTooele

Box ElderIron

WashingtonKane

SanpeteWasatchMorganWeber

RichCache

UtahStateDavis

SummitSalt Lake

Little or No Trend

Decreasing Share

Increasing Share

Business Cycle

2000 – 2010 Trend

Share of New Hires*

with a Bachelor’s

Degree or Higher

Four Quarters Ending

March 31, 2011

0

500

1,000

1,500

2,000

2,500

3,000

Central Utah Stable Hires

Stable Hires

Four-Quarter MovingAverage

Source: U.S. Census Bureau; Local Employment Dynamics


During the area’s worst

hiring quarter, 1,200

workers found new jobs,

more than 5 percent of

total employment.

0

2,000

4,000

6,000

8,000

10,000

12,000

Southwest Utah Stable Hires

Four Quarter MovingAverage

Stable Hires



During the area’s worst

hiring quarter, 5,000

workers found new

employment, more than 7

percent of total

employment.


18% 17% 17% 16% 16% 15% 16% 15% 15% 14% 13%

22% 23% 23% 23% 23% 22% 22% 21% 21% 21% 21%

21% 21% 22% 22% 23% 23% 24%24% 24% 24% 24%

18% 17% 17% 17% 17% 17% 16%16% 16% 17% 17%

13% 13% 13% 13% 13% 13% 13% 13% 13% 13% 14%

6% 6% 6% 6% 7% 7% 7% 7% 7% 7% 8%

3% 3% 3% 3% 3% 3% 3% 3% 3% 3% 3%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Central Utah Share of Stable Hires by Age Group

65+

55-64

45-54

35-44

25-34

19-24

18 and under


Share of

teenagers’

new hires

declining


13% 14% 14% 13% 13% 13% 13% 13% 12% 11% 10% 9%

28% 28% 28% 28% 28% 28% 27% 26% 26%25% 26% 26%

22% 22% 22% 22% 23% 23% 23% 24% 24%25% 26% 26%

17% 16% 16% 16% 15% 15% 15% 15% 15% 15% 16% 16%

12% 12% 12% 12% 12% 12% 12% 12% 12% 12% 12% 13%

6% 6% 6% 6% 6% 6% 7% 7% 7% 7% 8% 8%

3% 3% 3% 3% 3% 3% 3% 3% 3% 3% 3% 3%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

Southwest Utah Share of Stable Hires by Age Group

65+

55-64

45-54

35-44

25-34

19-24

18 and under

Source: U.S. Census Bureau; Local Employment DynamicsSource: U.S. Census Bureau; Local Employment Dynamics

Share of

older

workers

hires

increased.


19% 19% 19% 19% 19% 19% 19% 20% 19% 19% 19%

35% 35% 35% 35% 35% 35% 35% 35% 35% 35% 35%

33% 33% 33% 33% 33% 33% 33% 32% 33% 33% 32%

14% 13% 14% 14% 13% 13% 13% 13% 13% 13% 13%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Central Utah Stable Hires by Educational Attainment*

Less than HighSchool

High School

Some Collegeor Associate

Bachelor'sDegree orHigher

* Workers 25 years and older.Source: U.S. Census Bureau; Local Employment Dynamics


33% 32% 33% 31% 31% 30% 30% 30% 30% 33% 31%

25% 24% 24%24% 24% 25% 25% 25% 25%

25%24%

22% 23% 22% 23% 23% 23% 23% 23% 24%23%

23%

20% 21% 21% 21% 22% 22% 22% 22% 22% 20% 22%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Southwest Utah Stable Hires by Educational Attainment*

Less than HighSchool

High School

Some Collegeor Associate

Bachelor'sDegree orHigher

* Workers 25 years and older.Source: U.S. Census Bureau; Local Employment Dynamics

Share of

degreed-

workers

increased

coming

out of

recession.

$0

$500

$1,000

$1,500

$2,000

$2,500

Central Utah Stable Hire Average Monthly Earnings

Stable Hire Average MonthlyEarnings

Four-quarter Moving Average




$0

$200

$400

$600

$800

$1,000

$1,200

$1,400

$1,600

$1,800

$2,000

Southwest Utah Stable Hire Average Monthly Earnings

Stable Hire Average MonthlyEarnings

Four-quarter Moving Average



$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

Central Utah Average Monthly Stable Hire Wages by Educational Attainment*


Some College or Associate

High School


* Four-quarter moving average; workers 25 and older only.Source: U.S. Census Bureau; Local Employment Dynamics program.

Not much

difference in new-

hire wages in

lower educational

levels.


$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

Southwest Utah Average Monthly Stable Hire Wages by Educational Attainment*


Some College or Associate

High School


* Four-quarter moving average; workers 25 and older only.Source: U.S. Census Bureau; Local Employment Dynamics program.

We’ve just scratched the surface . . .

Separations

Comparison of separations and new hires

Ratios of all hires to stable hires

Turnover rates

Firm age

Firm size

Race/ethnicity

So much data, so little time

A suggestion for easy data analysis. . .

Tableau Software

1. Perfect fit for LED time series.

2. Easy to drill-down to any detail.

3. Free Tableau Public product.

4. www.tableausoftware.com/public

Contact Information

Lecia Parks Langston

[email protected]

435-688-3115

mailto:[email protected]

Local Employment Dynamics Data

Education

education

higherhigh

quarter moving

associate

educational

local employment

local employment

local employment