a snapshot of the texas economy may 2010
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A Snapshot of the Texas Economy May 2010. Texas Workforce Commission. Texas Labor Market Statistics (s.a.). Texas Industry Job Growth from Oct 2008 to 2009. Texas Industry Job Decline from Oct 2008 to 2009. Short-term Forecasted Job Growth by Region. - PowerPoint PPT PresentationTRANSCRIPT
A Snapshot of the Texas EconomyMay 2010
Texas Workforce Commission
Texas Labor Market Statistics (s.a.)
April 2010 (p)
March 2010 (r)
April 2009 (r)
Non-farm Payroll Jobs (-42,000 YOY) 10.310 Mil 10.278 Mil 10.352 Mil
Labor Force (+342,000 YOY) 12.211 Mil 12.160 Mil 11.869 Mil
Unemployed(+ 143,600 YOY) 1,008,800 1,002,600 865,200
U Rate (+1.0 YOY) 8.3% 8.2% 7.3%
Jan-95
Jan-96
Jan-97
Jan-98
Jan-99
Jan-00
Jan-01
Jan-02
Jan-03
Jan-04
Jan-05
Jan-06
Jan-07
Jan-08
Jan-09
Jan-10
80
90
100
110
120
130
140
150
160
170
180
Goods Producing Employment
Construction
Mining
Manufacturing
Total Nonagricultural
Texas Industry Job Growth from Oct 2008 to 2009
NAICS Industry Jobs Oct 09 Net Growth
Ambulatory Health Care Services 566,199 30,821
Educational Services 1,020,833 21,527
Hospitals 392,761 11,807
Social Assistance 166,268 7,112
Residential Nursing Care Facilities 183,843 6,535
Performing Arts, Spectator Sports 23,899 2,440
Sporting Goods Book & Music Stores 38,702 1,274
Utilities 80,674 1,068
Oil and Gas Extraction 85,031 906
Gasoline Stations 70,351 890
Museums, Historical Sites & Related 28,677 879
Texas Industry Job Decline from Oct 2008 to 2009
NAICS Industry Jobs Oct 09 Net Decline
Admin & Personnel Supply Services 587,952 -68,966
Specialty Trade Contractors 343,928 -42,496
Professional, Scientific &Tech Services 553,807 -36,784
Support Activities for Mining 102,476 -35,564
Merchant Wholesalers, Durable Goods 278,916 -28,830
Commercial Construction 134,689 -24,498
Fabricated Metals Manufacturing 113,957 -21,704
Heavy & Civil Engineering Construction 145,125 -21,587
Motor Vehicle and Parts Dealers 141,579 -15,939
Computer & Electronics Manufacturing 98,525 -13,684
Machinery Manufacturing 83,693 -13,401
Short-term Forecasted Job Growth by Region
LWDA 2010 2011 2012
South East Texas/Beaumont 2.8% 2.3% 2.0%
Cameron/ Rio Grande Valley 2.6% 2.5% 2.5%
Upper Rio Grande/El Paso 2.4% 2.2% 2.0%
Forth Worth 2.0% 1.9% 2.0%
Dallas 1.9% 1.5% 1.5%
South Plains/Lubbock 1.9% 1.8% 1.8%
Austin/Travis 1.7% 1.8% 1.8%
North East Texas/ Texarkana 1.6% 1.1% 1.1%
Rural Coastal Bend/Corpus 1.6% 1.4% 1.4%
Central Texas/Killeen-Temple 1.5% 1.7% 1.7%
Middle Rio Grande/Laredo 1.3% 1.3% 1.3%
Texas Statewide Short-term Jobs Forecast 2010-2012
Industry Title 2010 2012 ABSCHGFood service & drinking places 823,693 861,701 38,008Educational services 1.090 mil 1.127 mil 36,830Ambulatory health care 552,752 584,150 31,398Professional& tech services 559,251 587,945 28,694Hospitals 384,103 405,174 21,071Justice & public safety 220,389 229,237 8,848Nursing & residential care 168,550 177,356 8,806Social assistance 154,148 162,872 8,724Merchant wholesalers, durable 284,530 293,070 8,540Non-bank credit intermediation 234,767 242,177 7,410General merchandise stores 266,358 272,536 6,178Amusements & recreation 84,580 89,889 5,309
Texas Online Job Postings Last 90 Days Ending May 2010Registered Nurses 52,693 Associate’s/Bachelor’s
Physical Therapists 18,471 Master’s degree
Computer Systems Analysts 15,693 Bachelor’s degree
Retail Supervisors/Managers 15,132 Related Work Experience
Occupational Therapists 13,608 Master’s degree
Customer Service Representatives 13,271 Moderate OJT
Retail Salespersons 11,589 Short term OJT
Sales Managers 11,483 Bachelor’s w/experience
Medical & Health Services Managers 11,439 Bachelor’s w/experience
Sales Reps, Wholesale & Manufacture 10,704 Related Work Experience
Executive Secretaries & Admin Assist 10,266 Related Work Experience
Computer Support Specialists 10,259 Associate’s degree
Speech-Language Pathologists 8,901 Master’s degree
Computer Software Engineers, Apps 8,671 Bachelor’s degree
Accountants 8,654 Bachelor’s degree
Fastest Growing Texas Occupations 2016
Occupation ED PREF 2008 Salary
1. Personal and Home Care Aides Short-term OJT $13,9932. Network Systems & Data Communications Analysts Bachelor's degree $67,4183. Medical Assistants Moderate-term OJT $25,2664. Special Education Teachers, K-8 Bachelor's degree $44,8245. Computer Software Engineers Bachelor's degree $86,2176. Physician Assistants Master's degree $81,9597. Physical Therapist Assistants Associate degree $51,5898. Kindergarten Teachers Bachelor's degree $43,1829. Pharmacy Technicians Moderate-term OJT $27,75310. Instructional Coordinators Master's degree $57,61011. Occupational Therapist Asst. Associate degree $51,76412. Elementary School Teachers Bachelor's degree $44,216
Fastest Growing Texas Occupations -- Bachelors Plus
Occupation Title (1,000 jobs) Growth 2006-16 Annual Pay
Network Systems/Data Com Analyst 55.5% $67,418Special Education Teacher 48.5% $44,824
Computer Software Engineer, Apps 46.3% $86,217
Physician Assistant 46.1% $81,959
Instructional Coordinator 43.4% $57,610
Teachers, Kinder thru Middle School 42.0% $44,216
Physical Therapist 38.9% $77,294
Athletic Trainer 38.7% $44,008
Anesthesiologist 38.5% $176,254
Obstetrician/Gynecologist 38.1% $190,362Graduate Teaching Assistant 36.3% $31,043
Fastest Growing Texas Occupations -- Associates/Cert
Occupation Title (1,000 jobs)Growth Rate
2006-16 Annual Pay Physical Therapy Assistant 46.1% $51,589
Occupational Therapy Assistant 42.9% $51,764
Surgical Technologist 41.9% $37,286Cardiovascular Technologist/Technician 41.8% $44,461
Skin Care Specialist 41.5% $27,100
Veterinary Technologist/Technician 40.3% $25,271
Dental Hygienist 38.6% $63,225Respiratory Therapist 37.8% $47,659Registered Nurse 37.8% $59,714Radiation Therapist 35.3% $75,487Interpreter/Translator 34.9% $42,630
Top 15 Public University Graduates 2008
College Major Grads QuarterlyEarnings
1. Business, Management and Marketing 18,058 $38,001 2. Multi/Interdisciplinary Studies 9,246 $35,602 3. Health Professions and Related Clinical Sciences 5,759 $49,247 4. Social Sciences 5,710 $28,460 5. Biological and Biomedical Sciences 4,939 $24,104 6. Unknown/Undeclared 4,796 $31,862 7. Communication & Journalism 4,677 $26,672 8. Psychology 4,479 $24,562 9. Engineering 4,066 $56,125 10. Visual and Performing Arts 3,382 $25,700 11. English Language and Literature/Letters 3,196 $27,152 12. Parks, Recreation, Leisure, and Fitness Studies 2,973 $27,511 13. Criminal Justice 2,435 $28,775 14. History 2,007 $27,808 15. Agriculture & Agriculture Operations 1,836 $30,635
Fall 2008 graduate seed records were determined by THECB
Undersupply of Graduates for Projected OpeningsRegistered Nurses undersupplyK-12 Teachers, Except Special Education undersupplyComputer Systems Analysts undersupplyComputer Support Specialists undersupplyComputer Software Engineers, Applications undersupplyComputer Software Engineers, Systems Software undersupplyCivil Engineers undersupplyMedical and Health Services Managers undersupplyPharmacists undersupplyParalegals and Legal Assistants undersupplyJob Recruitment & Placement Specialists undersupplyIndustrial Engineers undersupplyTraining and Development Specialists undersupplyMedical Records & Health Information Technicians undersupplyMedical and Clinical Laboratory Technicians undersupply