Presentation is loading. Please wait.

Presentation is loading. Please wait.

Trade and Technical Careers Outlook in Northern Virginia April 19, 2016.

Similar presentations


Presentation on theme: "Trade and Technical Careers Outlook in Northern Virginia April 19, 2016."— Presentation transcript:

1 Trade and Technical Careers Outlook in Northern Virginia April 19, 2016

2 Industry Trends

3 Employment by Industry in Fairfax, Loudoun, and Prince William Counties

4 Employer Distribution: Construction

5 Employment Wage Statistics: Construction

6 Average Weekly Wage: Construction

7 Highest Levels of Employment: Heavy and Tractor-Trailer Truck Drivers (National Statistics, May 2015) IndustryEmployment(1)(1) Percent of industry employment Hourly mean wage Annual mean wage (2)(2) General Freight Trucking 602,94061.14$20.99$43,660 Specialized Freight Trucking 245,70053.82$20.58$42,810 Grocery and Related Product Merchant Wholesalers 65,1508.81$22.40$46,590 Cement and Concrete Product Manufacturing 55,97030.13$18.96$39,430 Other Specialty Trade Contractors 41,1706.65$19.26$40,060 Source: Bureau of Labor Statistics

8 Median Wages: Additional Technical Industries Source: Virginia Employment Commission, Occupational Employment Statistics (OES) Survey

9 Forecasts

10 Principal Sources of Job and GRP Growth in the Washington Area, 2015-2020 (in thousands) Growth Job % of TotalAverage Value Sectors Change Job Change Added per Job* Prof. & Bus. Ser. 106.0 48.6 $157,969 Construction 36.7 26.9 $111,992 Education/Health 31.3 14.3 $72,162 Hospitality Services 23.9 11.0 $51,110 State and Local 19.1 8.8 $81,736 Sub-Total 217.0 99.6 $119,337 Overall Total 217.8 100.0 $122,498 Sources: IHS Global Insight; GMU Center for Regional Analysis *in 2014$s

11 Job and GRP Gains and Losses for the Washington Area’s Other Sectors, 2015-2020 (in thousands) Job % of Total Average Value Change Job Change Added per Job* Federal Gov’t - 17.8 - 8.2 $185,804 Retail Trade 2.2 1.0 $64,478 Other Services - 0.2 - 0.1 $86,150 Financial Services - 2.3 - 1.0 $620,922 Information Services 7.0 3.2 $410,371 Manufacturing 0.90.4 $249,934 Transportation 7.4 3.4 $203,015 Wholesale Trade 3.6 1.6 $215,783 Job Losses - 20.3 $233,742 Job Gains 238.1 $131,930 Overall Total 217.8 100.0 $122,498 Sources: IHS Economics, Inc.; GMU Center for Regional Analysis *in 2014 $s

12 Fairfax County, VA: Net New Jobs by Educational Requirements, 2015 Annual Estimates * Totals show underestimates due to suppressed data and may not add up EducationNet New % Total Less than High School1,14214.0 High School Diploma2,11025.9 Postsecondary non-Degree3764.6 Some college, no Degree2833.5 Associate's Degree4445.5 Bachelor’s Degree3,44442.3 Master’s Degree1471.8 Doctoral or Professional1982.4 *Totals8,144100.0 Sources: JobsEQ, GMU Center for Regional Analysis, November 2015

13 Opportunities

14 Apprenticeship Apprenticeship is a combination of on-the-job training and related instruction in which workers learn the practical and theoretical aspects of a highly skilled occupation. The Virginia Registered Apprenticeship is a "win-win" approach to workforce development that provides a combination of on-the-job training and related classroom instruction to more than 13,000 apprentices (employees) throughout the Commonwealth.

15 Apprenticeship in The Commonwealth The Virginia Registered Apprenticeship currently meets the needs of approximately 2,000 Virginia sponsors (employers) who use custom-designed programs to train their workforce. Employers provide on-the-job training for their employees in a variety of occupations, ranging from high tech to highly skilled trades. Any person legal to work in the Commonwealth of Virginia is eligible for apprenticeships. Contact your local Apprenticeship Representative if you have questions about starting an Apprenticeship Program within your company.


Download ppt "Trade and Technical Careers Outlook in Northern Virginia April 19, 2016."

Similar presentations


Ads by Google