Transcript Document
Economy Workforce Trends
Presented to
Strategic Planning Team
September 21, 2007
by
Bob Bendotti, Lori Espinoza, Patti Marsh
Mary Lou Mosley & Laurel Smith
I. Industry Sectors - Center for Workforce Development
http://www.maricopa.edu/bwd/
A. Health Services
B. Business Services
C. Information Technology
D. Education
E. Public Safety
I. Industry Sectors
A. Health Services
• The nursing shortage in Arizona continues to be
worse than in most other states and will be
long-term.
• Over 1/2 of the fastest growing occupations
nationwide in the next decade will be in the health
services sector.
• The elderly population will grow faster than the
total population between 2000 and 2010 increasing
the demand for health services.
I. Industry Sectors
B. Business Services
• Between 2001 and 2005 the total employment in
the Greater Phoenix area increased 11%.
-
Management consulting increased 50%
Commercial banks increased 37%
Consumer lending - 43%
Investment advising - 41%
Legal services - 16%
• Business Services occupations often require
specialized training, certification, or licensing.
I. Industry Sectors
C. Information Technology
• Demand for IT services occupations in Greater Phoenix are
expected to increase in the coming years.
• Between 2003 & 2013 employment in Greater Phoenix is
projected to grow for occupations, such as network systems
and data communications analysts - 50.7%, etc.
• In the greater Phoenix region, the majority of IT services
firms are small to medium in size. Approximately 83% of
firms employ fewer than 50 workers, but these firms account
for only 21% of employment. Larger firms with 50 or more
workers, comprise the balance of employment in the industry
sector.
I. Industry Sectors
D. Education
• Compared to current employment levels between
2003 & 2013, the AZ Dept. of Economic Security
expects the Greater Phoenix region to need:
- 33% more pre-school teachers
- 41% more kindergarten teachers
- 29% more elementary school teachers
- 22% more middle school teachers
- 32% more secondary school teachers
- Over 43% more special education teachers at all
K-12 levels
I. Industry Sectors
E. Public Safety
• The region’s fast population growth will require large numbers
of additional public safety workers in the years to come.
• Compared to current levels, between 2003 & 2013 the AZ
Dept. of Economic Security expects the Greater Phoenix
region to need:
- 52% more emergency medical technicians
- 43% more correctional officers
- 37% more police & sheriff’s officers
- 36% more detectives & criminal investigators
- 33% more fire fighters
- 31% more forensic science technicians
- 28% more supervisors & managers for all of these
professions
II. Broad Base Trends in Employment
A. Employment Trends - Relationship Between
Educational Attainment & Earnings
• College Education Boosts Paychecks/Annual Pay
- High School graduates can boost their average annual pay by
1/3 by spend a year in college to earn an occupational
certificate or two years to get an associate degree.
• College Education Employment Rate
- Employment rate for AZ grads with a year or two of college is
higher: 75% compared with 63% for those who finished only
high school.
II. Broad Base Trends in Employment
A. Employment Trends - Increasing Attainment
Requirement For Entry & Advancement
•
An Associate or bachelor’s degree is the most significant
source of postsecondary education or training for 6 of the 10
fastest growing occupations.
•
Short-term on-the-job training is the most significant source
of postsecondary education or training for 5 of the 10
occupations with the largest job growth.
II. Broad Base Trends in Employment
A. Employment Trends - Aging
- The labor force will continue to age, with the number of
workers in the 55-and-older group projected to grow by
49.1%.
- Youths - those between 16 & 24 will decline in numbers and
lose share of labor force, from 15.1% in 2004 to 13.7% in
2014.
- The Greater Phoenix metropolitan area workforce is
currently the third youngest nation-wide.
II. Broad Base Trends in Employment
A. Employment Trends - The Hispanic Population
• 2006 Census report shows that the Hispanic population
continues to trail the overall U.S. population, both in
educational attainment and earnings.
• 2006 U.S. census reports that Hispanics 15 years and older are
less likely to earn a baccalaureate degree than Non-Hispanic
whites.
• Non-Hispanic whites out earn Hispanics at every educational
achievement level with the exception of the doctoral degree.
- By 2014 the Hispanic labor force is expected to reach
25.8 million, due to faster population growth resulting from a
younger population, higher fertility rates and increased
immigration levels.
II. Broad Base Trends in Employment
B. Employment Trends
• In 2007, Greater Phoenix is anticipated to be in the top 5
Metropolitan areas in terms of major market growth.
Nearly 60,000 jobs are expected to be created.
• 9 of the 10 fastest growing occupations are health or
computer information technology occupations.
• From a workforce standpoint, the Greater Phoenix
metropolitan area is projected to continue to grow by 70%
by 2030 and is currently the 3rd youngest metropolitan
region nationwide (of populations 2 million or more)
• This could be opening opportunities for people to return
to school, change of career path, or finally get that
unfinished degree.
III. Broad Base Trends in Economics
B. Economic Trends
• Gap Between “Haves and Have Nots”
- The gap between rich and poor is widening
faster in Arizona than any other state, and
Arizona ranks 4th for the size of the disparity.
- By being affordable, MCCCD can be
accessible to 20% of poorest communities
- Scholarships - special funds made available.
III. Broad Base Trends in Economics
B. Economic Trends
• Downturn in Housing Market While Commercial
Real Estate Grows
- Sales of the residential market has hit an all
time low.
III. Broad Base Trends in Economics
B. Economic Trends
• Impact of Immigration Policy in Workforce
• 3+1 and 2+2 Educational Partnerships
• Competition Between Educational Providers
• Involving Sectors Requiring “Intellectual
Capital”
• Local, Regional & International