Florida Manufacturing

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Presentation transcript:

Florida Manufacturing Adrienne Johnston, Bureau of Labor Market Statistics June 2017 Labor Statistical Data July 21, 2017

Florida Manufacturing Employment June 2017, Seasonally Adjusted In June 2017, manufacturing had 365,900 jobs in Florida, an increase of 10,900 jobs over the year. Manufacturing has gained jobs over the year for 78 consecutive months, after losing jobs over the year for more than four years. In the employment series that started back in 1990, the peak level of manufacturing employment was 520,300 in January 1990. Since that time there has been a loss of 154,400 jobs. In January 1990, manufacturing was 9.7 percent of total nonagricultural employment and has since dropped to the current level of 4.3 percent in June 2017. Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released July 21, 2017. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

Florida Manufacturing Employment January 1990 to June 2017, Seasonally Adjusted Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released July 21, 2017. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

Total Nonagricultural Employment Share by Industry June 2017, Seasonally Adjusted Note: Employment share percentages may not add to 100 due to rounding. Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released July 21, 2017. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

Florida Employment by Industry June 2017, Seasonally Adjusted Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released July 21, 2017. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

2016 Florida Manufacturing Employment by County Employment in the manufacturing industry is concentrated in the southeast, central, and northeast parts of the state. Miami-Dade, Pinellas and Orange counties contributed over 30,000 jobs each, while Broward, Hillsborough, Duval, and Brevard counties contributed over 20,000 jobs each. Together, these seven counties accounted for 56.6 percent of Florida manufacturing jobs. Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Quarterly Census of Employment and Wages Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, released June 2017.

Wages by Industry Florida, 2016 Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Quarterly Census of Employment and Wages Program.

Florida Manufacturing Establishments and Unemployment Rates Manufacturing had 20,584 establishments in the fourth quarter of 2016.1 The 2015 annual average unemployment rate in manufacturing was 3.6 percent, compared to 4.8 percent for all industries.2 Note: The unemployment rate is for the experienced civilian labor force only. This excludes persons with no previous work experience. Sources: 1 Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, Quarterly Census of Employment and Wages Program. The most recent data available are for 2016 Q3. 2 U.S. Department of Labor, Bureau of Labor Statistics, Current Population Survey (CPS). The most recent data available are for 2015.

Occupations in Manufacturing Florida 2016 Occupations with the most employment in the manufacturing industry were: team assemblers; first-line supervisors of production and operating workers; packaging and filling machine operators and tenders; and electrical and electronic equipment assemblers. Together, these four occupations accounted for 19.9 percent of employment in this industry. Higher wages were found in occupations with greater training requirements. Seven of the fifteen largest manufacturing occupations require additional certification beyond a high school diploma. Computer and information systems managers ($64.05/hr), financial managers ($60.06/hr), architectural and engineering managers ($59.88/hr), and sales managers ($59.32/hr) are among the highest paid occupations in manufacturing. Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

Top Manufacturing Occupations Florida 2016 *Table reflects only occupations with publishable data according to U.S. Bureau of Labor Statistics confidentiality rules. Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.