new jersey industry and occupational employment projections 2006-2016

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New Jersey Industry and Occupational Employment Projections 2006-2016

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Page 1: New Jersey Industry and Occupational Employment Projections 2006-2016

New JerseyIndustry and Occupational Employment Projections

2006-2016

Page 2: New Jersey Industry and Occupational Employment Projections 2006-2016

Annual Employment Change in New Jersey

1939-2008

-150

-100

-50

0

50

100

150

200

1939

-194

0

1949

-195

0

1959

-196

0

1969

-197

0

1979

-198

0

1989

-199

0

1999

-200

0

Em

plo

ymen

t C

han

ge

(000s)

Page 3: New Jersey Industry and Occupational Employment Projections 2006-2016

Employment growth in New Jersey is projected to lag

the nation

6.2

11.0

-15.0

-10.0

-5.0

0.0

5.0

10.0

15.0

Total Nonfarm

NJ US

Pro

jecte

d g

row

th

‘06 –

‘16

Page 4: New Jersey Industry and Occupational Employment Projections 2006-2016

Goods Producing industries will continue to decline in both state

and nation

6.2

-10.1

11.0

-3.3

-15.0

-10.0

-5.0

0.0

5.0

10.0

15.0

Total Nonfarm

NJ US

Goods Producing

Pro

jecte

d g

row

th ‘06 –

‘16

Page 5: New Jersey Industry and Occupational Employment Projections 2006-2016

All growth projected to occur in Service Providing

industries

6.2

-10.1

8.511.0

-3.3

13.8

-15.0

-10.0

-5.0

0.0

5.0

10.0

15.0

Total Nonfarm Service Providing

NJ US

Goods Producing

Pro

jecte

d g

row

th ‘06 –

‘16

Page 6: New Jersey Industry and Occupational Employment Projections 2006-2016

Annual employment growth among Private sector

-5.0-4.0-3.0-2.0-1.00.01.02.03.04.0

90-9

1

91-9

2

92-9

3

93-9

4

94-9

5

95-9

6

96-9

7

97-9

8

98-9

9

99-0

0

00-0

1

01-0

2

02-0

3

03-0

4

04-0

5

05-0

6

06-0

7

07-0

8

US NJ

Page 7: New Jersey Industry and Occupational Employment Projections 2006-2016

Projected employment change in New Jersey

254,100

-50,600

304,700

-100,000

0

100,000

200,000

300,000

400,000

Total Nonfarm Service Providing

Goods ProducingE

mp

loym

en

t g

row

th

‘06 –

‘16

Page 8: New Jersey Industry and Occupational Employment Projections 2006-2016

Projected employment change in United States

15,050

-732

15,782

-5,000

0

5,000

10,000

15,000

20,000

Total Nonfarm Service Providing

Goods Producing

Em

plo

ymen

t g

row

th ‘06 –

‘1

6 (

000s)

Page 9: New Jersey Industry and Occupational Employment Projections 2006-2016

Projected growth in NJ and US by industry

-2.5

-2.0

-1.5

-1.0

-0.5

0.0

0.5

1.0

1.5

2.0

2.5

Constru

ction

Man

ufacturin

gTr

ade

Tran

sportat

ion

Utilitie

s

Inform

ation

Fina

nce a

nd Real E

state

Professio

nal and

Business S

ervice

s

Educ

ation

and H

ealth

Leisu

re an

d Hospital

ity

Other

Service

s

Public

Administ

ratio

n

NJ US

Page 10: New Jersey Industry and Occupational Employment Projections 2006-2016

Goods Producing Industries

-10.0

-8.0

-6.0

-4.0

-2.0

0.0

2.0

90-9

1

91-9

2

92-9

3

93-9

4

94-9

5

95-9

6

96-9

7

97-9

8

98-9

9

99-0

0

00-0

1

01-0

2

02-0

3

03-0

4

04-0

5

05-0

6

06-0

7

07-0

8

Annual

Gro

wth

Rat

e

Page 11: New Jersey Industry and Occupational Employment Projections 2006-2016

Growth in Construction not enough to offset losses in

Manufacturing

-50,600

-62,500

11,800

-80,000

-60,000

-40,000

-20,000

0

20,000

Goods Producing

Manufacturing

Construction

Page 12: New Jersey Industry and Occupational Employment Projections 2006-2016

Construction industry had been a steady source of jobs for last 15

years…until the downturn

-10.0-8.0-6.0-4.0-2.00.02.04.06.08.0

10.092

-93

93-9

4

94-9

5

95-9

6

96-9

7

97-9

8

98-9

9

99-0

0

00-0

1

01-0

2

02-0

3

30-0

4

04-0

5

05-0

6

06-0

7

07-0

8

Construction Construction of Buildings Heavy and Civil Engineering Specialty Trade Contractors

An

nu

al

Perc

en

t C

han

ge

Page 13: New Jersey Industry and Occupational Employment Projections 2006-2016

Selected industries make up the bulk of the decline, but

losses are widespread

-70,000

-60,000

-50,000

-40,000

-30,000

-20,000

-10,000

0

Printing and RelatedSupport Mfg

Fabricated Metal Mfg

Paper Mfg

Computer andElectronic Product Mfg

Chemical Mfg

-62,500

-6,700-6,100-5,200-5,100-5,000

Pro

jecte

d E

mp

loym

en

t C

han

ge ‘06 –

‘16

Manufacturing

Page 14: New Jersey Industry and Occupational Employment Projections 2006-2016

Service Providing Industries

-3.0

-2.0

-1.0

0.0

1.0

2.0

3.0

4.0

90-9

1

91-9

2

92-9

3

93-9

4

94-9

5

95-9

6

96-9

7

97-9

8

98-9

9

99-0

0

00-0

1

01-0

2

02-0

3

03-0

4

04-0

5

05-0

6

06-0

7

07-0

8

Ann

ual G

row

th R

ate

Page 15: New Jersey Industry and Occupational Employment Projections 2006-2016

2006 employment and projected growth by industry

super-sector

0 200,000 400,000 600,000 800,000 1,000,000

Other Services

Financial Activities

Leisure and Hospitality

Public Administraion

Professional andBusiness

Education and Health

Trade, Transportation &Warehousing

2006 Employment Projected Growth

Information and Utilities are projected to decline by a combined 10,000 jobs, or roughly 9%

Page 16: New Jersey Industry and Occupational Employment Projections 2006-2016

More than 90% of growth is projected to occur within these

three super-sectors

114,600

78,200

38,200

73,700

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

Education andHealth Services

Professional andBusiness Services

Leisure andHospitality

Other ServiceSupersectors

Page 17: New Jersey Industry and Occupational Employment Projections 2006-2016

Healthcare and Education has been only stable and reliable

source of new jobs

-6.0

-4.0

-2.0

0.0

2.0

4.0

6.0

8.0

90-9

1

91-9

2

92-9

3

93-9

4

94-9

5

95-9

6

96-9

7

97-9

8

98-9

9

99-0

0

00-0

1

01-0

2

02-0

3

03-0

4

04-0

5

05-0

6

06-0

7

07-0

8

Health and Education Professional and Business ServicesLeisure and Hospitality

Page 18: New Jersey Industry and Occupational Employment Projections 2006-2016

Healthcare will continue to produce the bulk of NJ’s

employment growth

200,000

300,000

400,000

500,000

600,000

Actual Employment Projected Employment

Page 19: New Jersey Industry and Occupational Employment Projections 2006-2016

High-paying occupations are prominent in these industries

0

20,000

40,000

60,000

80,000

100,000Architectural,Engineering andRelated Services

Management ofCompanies andEnterprises

Management,Scientific andTechnical Consulting

Computer SystemsDesign

Pro

jecte

d E

mp

loym

en

t G

row

th ‘06 –

‘16

Professional and Business Services

78,200

6,0007,1009,50016,800

Page 20: New Jersey Industry and Occupational Employment Projections 2006-2016

Occupational Highlights

6.0% Employment Growth, 2006-2016

132,100 Average Annual Job Openings

Roughly 7 of every 10 of these openings due to Replacement demand

Page 21: New Jersey Industry and Occupational Employment Projections 2006-2016

Only Professional, Service and Management, Business and Financial

occupations will grow faster than average

-1,000,000

-800,000

-600,000

-400,000

-200,000

0

200,000

400,000

600,000

800,000

1,000,000Pro

fess

iona

l

Serv

ice

Offi

ce/A

dmin

.

Sale

s

Mgm

t., B

us.,

Fin

.

Tra

ns./

Mat

.M

ovin

g

Pro

duct

ion

Con

stru

ctio

n

Inst

all.,

Mai

n.,

Rep

air

-15.0

-10.0

-5.0

0.0

5.0

10.0

15.0

Major Occupational Group

NJ avg.=6.0%

20

06

Em

plo

ym

ent

Pro

ject

ed G

row

th, 2

00

6-2

01

6

Page 22: New Jersey Industry and Occupational Employment Projections 2006-2016

Professional and Service occupations will account for

most new jobs by 2016

-28,600

-4,200

6,500

9,100

10,100

16,200

33,000

110,800

111,600

-60,000 -20,000 20,000 60,000 100,000 140,000

Install., Main., Repair

Construction

Office/ Admin.

Sales

Mgmt., Bus., Fin.

Service

Professional

Trans./Material MovingProduction

Employment Growth 2006 - 2016

Page 23: New Jersey Industry and Occupational Employment Projections 2006-2016

Most job opportunities are still result of replacement need

rather than growth

0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000

Install., Main., Repair

Construction

Production

Trans./ Material Moving

Mgmt., Bus., Fin.

Sales

Office/ Admin.

Professional

Service

New Jobs Replacements

7,460

4,000

4,600

3,450

12,540

16,320

20,890

30,140

31,520

Page 24: New Jersey Industry and Occupational Employment Projections 2006-2016

Jobs with higher education and training requirements will grow

faster than average

3.8

5.2

11.1

0.0 5.0 10.0 15.0

Total LowRequirements

TotalModerate

Requirements

Total HighRequirements

4.0

3.3

2.6

4.0

10.5

13.3

11.3

4.4

15.3

16.2

15.0

0.0 5.0 10.0 15.0 20.0

Short-term OTJ Training

Moderate-term OTJ Training

Long-term OTJ Training

Work Exp. In related occ.

Postsecondary Vocational Training

Associate's Degree

Bachelor's Degree

Bachelor's or Higher + Work Exp.

Master's Degree

Doctoral Degree

First Professional Degree

Percent Growth, 2006 - 2016

Page 25: New Jersey Industry and Occupational Employment Projections 2006-2016

Jobs requiring higher training and education often relate to

higher wages

0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000

Network Systems andData Comm. Analysts

Comp. Systems Analysts

Accountants and Auditors

Elem. School Teachers,Exc. Spec. Ed.

Comp. Software Engs. -Applications

Registered Nurses

$82,700

$85,400

$74,000

$58,000

$89,600

$70,900

Employment Growth 2006 - 2016

6 of the top 25 occupations adding the most employment growth require higher education and training

Page 26: New Jersey Industry and Occupational Employment Projections 2006-2016

Among fastest growing occupations, healthcare jobs

are prominent

0 10 20 30 40 50

Comp. Systems Analysts

Social and Human Service Assistants

Pharmacy Technicians

Dental Assistants

Personal Financial Advisors

Comp. Software Engs. - Applications

Personal and Home Care Aides

Network Systems and Data Comm. Analysts

Home Health Aides

Medical Assistants

Percent Growth 2006 - 2016

Page 27: New Jersey Industry and Occupational Employment Projections 2006-2016

Among high wage, non-management jobs, 9 of 10 grow

faster than state average

0 10 20 30 40 50

Sales Reps., Whsl. & Mfg., Tech. & Sci. Products

Comp. Systems Analysts

Financial Analysts

Comp. Software Engs. - Applications

Management Analysts

Pharmacists

Comp. Software Engs. - Systems Software

Sec., Comm. And Fin. Sales Agents

Lawyers

Physicians and Surgeons

$84,100

$85,400

$89,100

$89,600

$90,600

$98,200

$102,500

$98,600

$120,100

$158,700

Percent Growth 2006 - 2016

Page 28: New Jersey Industry and Occupational Employment Projections 2006-2016

Among top 10 jobs with most jobs lost, all have average wage less than the state

-8,000 -6,000 -4,000 -2,000 0

Packaging and Filling Machine Operators and Tenders

Cashiers

Work Processors and Typists

Telemarketers

Secretaries, Exc. Legal, Medical and Executive

Order Clerks

Laborers and Freight, Stock and Material Movers, Hand

File Clerks

Stock Clerks and Order Fillers

Packers and Packagers, Hand

Employment Decline 2006 - 2016

Fastest declining occupations list (%) still consists mostly of Production occupations

Page 29: New Jersey Industry and Occupational Employment Projections 2006-2016

NEW JERSEY REGIONAL AND COUNTY DATA

Page 30: New Jersey Industry and Occupational Employment Projections 2006-2016

Northern Region

BERGENESSEXHUDSO

N

MORRIS

PASSAIC

UNIONGenerally, these counties have large employment but grow at a slower rateCombined, this region accounts for over 45% of all NJ employment… geographically less than 15% of NJ areaProjected to have more than 58,000 annual average job openings, more than double any other region

Page 31: New Jersey Industry and Occupational Employment Projections 2006-2016

Essex County

Third largest county in total employment, despite

small geographic size

Most employment in Transportation and Warehousing sector

among NJ counties with 30,650 in 2006

Air transportation industry, namely Newark

Liberty International, projected to add more

than 3,000 jobs, annual growth of almost 2%

Page 32: New Jersey Industry and Occupational Employment Projections 2006-2016

Northwestern Region

SUSSEXWARREN

This two-county region is by far the smallest in the State in employment with 83,700 in 2006, accounting for only 2% of NJ employment despite accounting for over 10% of land areaProjected employment gains in Healthcare and Social Assistance would account for nearly 40% of all growth in this region

Page 33: New Jersey Industry and Occupational Employment Projections 2006-2016

Sussex County

Half of total employment found within Healthcare, Trade, and Government sectors6th largest NJ county by area, but has 4th least employment in 20062nd fewest manufacturing jobs among NJ counties with only 2,100 in 2006…behind only Cape May

Page 34: New Jersey Industry and Occupational Employment Projections 2006-2016

Central Region

HUNTERDON

MERCER

MIDDLESEX

SOMERSET

In 2006, more than one in five jobs (21.9%) found in Central region, nearly 900,000 in employmentRegion projected to outpace growth of the state and add about 60,000 more jobsMore than one-quarter of all employment in Government and Professional and Business services

Page 35: New Jersey Industry and Occupational Employment Projections 2006-2016

Middlesex

CountyWith employment of 419,600 in 2006, Middlesex is the second largest county

in the state in employment, and will also add the second most jobs with 25,350

Largest Manufacturing sector among NJ

counties with employment of 42,800

in 2006, 30% of which is chemicalMore than 80,000

jobs in Professional and Business

services, most of any county

Page 36: New Jersey Industry and Occupational Employment Projections 2006-2016

Coastal Region

MONMOUTHOCEAN

ATLANTICCAPE MAY

Retail trade and Accommodation and food services make up over 30% of all employment in Coastal regionMore than 90% of all employment in Service-providing industries, highest ratio among regions

Projected to be the fastest growing region, adding almost 48,000 jobs, or nearly 8%

Page 37: New Jersey Industry and Occupational Employment Projections 2006-2016

Ocean County

With total growth of 10.2%, Ocean is projected to be the fastest growing county in the state, adding 16,200 jobsHealthcare and Social Assistance will continue to be the largest industry in Ocean, adding nearly 9,000 jobs for annual growth of 2.6%, and accounting for more than half of all job growth in Ocean

Page 38: New Jersey Industry and Occupational Employment Projections 2006-2016

Southern Region

BURLINGTON

CAMDENCUMBERLAN

D

GLOUCESTER

SALEM

Projected to add 43,550 jobs through 2016, an increase of 6.9%Healthcare and Social Assistance industry alone will add 18,700 new jobs, over 40% of all growthTrade, Transportation and Utilities supersector, nearly one-quarter of Southern region employment, is projected to add nearly 5,000 jobs by 2016

Page 39: New Jersey Industry and Occupational Employment Projections 2006-2016

Camden County

Largest county in Southern region, with employment of 220,800 in 2006, is projected to add 14,100 by 2016Government,

Healthcare and Social Assistance, and Retail

Trade, Camden’s three largest industries,

account for 43% of total employment

Healthcare and Social Assistance industry will

add 7,700 new jobs, more than triple any

other industry

Page 40: New Jersey Industry and Occupational Employment Projections 2006-2016

Outlook Employment growth in NJ has slowed to

a near halt since the turn of the century, averaging only 0.2% annual growth through 2008

Many occupations with above-average wages are projected to grow faster than the state average

Automation and other technology is contributing to the reduction of lesser skilled occupations

Page 41: New Jersey Industry and Occupational Employment Projections 2006-2016

Questions or Comments?

Contact Jason Timian

Call: 609-777-3635E-mail: [email protected]

www.nj.gov/labor

On the Web at: