NASHVILLE REGION JOBS UPDATE 2013 Nashville Area Chamber of Commerce Dr. Garrett Harper March 2013.

NASHVILLE REGION JOBS UPDATE 2013

Nashville Area Chamber of Commerce Dr. Garrett Harper

March 2013

Economic and Demographic Trends

2008 2009 2010 2011 2012

-8.0

-6.0

-4.0

-2.0

0.0

2.0

4.0

6.0

8.0

Employment Labor Force

Workforce Percent Change – Nashville MSA(monthly change vs. 12 months prior)

Nashville and National Cycles: Un-employment Rate (1970-2009)

2005 2006 2007 2008 2009 2010 2011 20120

2

4

6

8

10

12

Nashville MSA US

Unemployment Rate

Workforce Directions

7Agriculture & Mining

Information

Other Services

Construction

Manufacturing

Financial Activities

Leisure & Hospitality

Government

Education & health Services

Professional & Business Services

Trade, Transportation & Utilities

0.9%

2.2%

5.7%

6.2%

5.3%

10.8%

10.0%

10.4%

14.7%

15.9%

18.0%

1.4%

2.5%

5.7%

6.0%

7.1%

10.0%

10.6%

10.7%

13.1%

14.1%

18.7%

Nashville Area Industry Employment (percentage of total)

2009 2019

Fastest Growing US Occupations through 2020

Source: US Department of LaborProvided by: Nashville Area Chamber of Commerce Research and Information Services Department

1950s 1960s 1970s 1980s 1990s 2000s 2010s 2020s 2030s 2040s0

1

2

3

US Labor Force Growth by Decade 1950s to 2010s - Projected to 2040s

Annual Rates of Change

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

-0.20

0.00

0.20

0.40

0.60

0.80

1.00

1.20

1.40

Annual Rate of Change Age 20-65Nashville MSA

Top Entry Level Job OpeningsBy Rate of Growth

Nashville MSA

Description 2012 Jobs 2022 Jobs Change OpeningsMedian Hourly

EarningsEducation Level

Retail Salespersons 29,896 33,640 3,744 13,781 $11.09 Short-term on-the-job trainingFood Preparation & Serving Workers, Incl Fast Food 15,874 19,001 3,127 8,119 $8.73 Short-term on-the-job trainingMaids and Housekeeping Cleaners 14,338 17,274 2,936 5,684 $9.63 Short-term on-the-job trainingPersonal Care Aides 6,050 8,947 2,897 3,533 $8.66 Short-term on-the-job trainingChildcare Workers 11,180 13,850 2,670 6,759 $7.58 Short-term on-the-job trainingOffice Clerks, General 21,370 23,898 2,528 6,588 $14.02 Short-term on-the-job trainingHome Health Aides 5,706 8,188 2,482 3,432 $9.43 Short-term on-the-job trainingJanitors, Cleaners, Except Maids &Housekeeping Cleaners 14,451 16,821 2,370 5,400 $10.87 Short-term on-the-job trainingHeavy and Tractor-Trailer Truck Drivers 14,864 17,224 2,360 5,730 $16.60 Short-term on-the-job trainingLandscaping and Groundskeeping Workers 6,879 8,868 1,989 3,429 $10.96 Short-term on-the-job trainingWaiters and Waitresses 16,455 18,252 1,797 10,969 $9.14 Short-term on-the-job trainingCashiers 16,394 18,187 1,793 9,904 $9.32 Short-term on-the-job trainingCustomer Service Representatives 15,990 17,555 1,565 6,542 $14.73 Short-term on-the-job trainingBookkeeping, Accounting, and Auditing Clerks 11,999 13,473 1,474 2,908 $16.31 Moderate-term on-the-job trainingTeacher Assistants 5,252 6,479 1,227 2,578 $10.10 Short-term on-the-job trainingReceptionists and Information Clerks 5,797 6,968 1,171 3,145 $13.16 Short-term on-the-job trainingSecurity Guards 6,514 7,626 1,112 2,264 $10.29 Short-term on-the-job trainingLaborers and Freight, Stock, and Material Movers, Hand 15,311 16,205 894 6,497 $11.82 Short-term on-the-job trainingInsurance Sales Agents 6,839 7,683 844 2,999 $21.12 Moderate-term on-the-job trainingNonfarm Animal Caretakers 4,093 4,934 841 1,936 $12.47 Short-term on-the-job training

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