TEXAS LABOR MARKET REVIEW
OCTOBER 2017
T
he Texas Monthly Labor Market Review brings you the most current labor market highlights and happenings across the Lone Star State. The information that follows is produced and published on a monthly basis and includes data on nonagricultural job trends, the labor force, job postings, and other relevant indicators for both the state and sub-state areas. Additional data and historical information is available on our website: Tracer2.com.
For additional information, please contact: 1-866-938-4444 lmci@twc.state.tx.us
SEPTEMBER 2017 MONTHLY INDICATORS INDUSTRY EMPLOYMENT
CES program
7,300
Page 2
UNEMPLOYMENT RATE
LAUS program Page 5
INITIAL CLAIMS
ONLINE JOB ADS
HWOL Page 8
0.2%
27
More Indicators Page 10
Labor Market and Career Information
44,225
CURRENT EMPLOYMENT STATISTICS Statewide Industry Employment (Seasonally Adjusted)
T
otal Nonagricultural Wage and Salary Employment fell by 7,300 jobs in September as Hurricane Harvey impacted the Texas coast and beyond. Job losses accumulated as the Service Providing sector fell by 16,500 positions, while Goods Producing sector employment rose by 9,200 jobs. September marks the first time in 15 months
Industry Total Nonagricultural Private Goods-Producing
Sep 2017
that Total Nonfarm employment fell over the month, however, employment has grown by 129,600 positions since January, marking the strongest year-to-date job growth since 2014. Total Nonfarm Employment increased by 256,100 positions over the year, as annual employment growth slowed to 2.1 percent.
Monthly Annual Annual % Change Change Change
12,321,100
-7,300 256,100
2.1
10,361,000
-8,200 230,300
2.3
1,842,000
9,200
85,700
4.9
Mining & Logging
248,400
4,900
34,200
16.0
Construction
715,400
4,100
14,300
2.0
Manufacturing
878,200
200
37,200
4.4
-16,500 170,400
1.7
Service-Providing Trade, Transportation & Utilities
10,479,100 2,447,500
-3,300
20,500
0.8
Information
190,400
-1,500
-11,900
-5.9
Financial Activities
762,300
5,000
26,300
3.6
Professional & Business Services
1,680,800
5,900
41,700
2.5
Education & Health Services
1,682,300
-6,000
38,500
2.3
Leisure & Hospitality
1,309,200
-21,300
12,800
1.0
446,500
3,800
16,700
3.9
1,960,100
900
25,800
1.3
Other Services Government
Highlights
• Professional
and Business Services added 41,700 jobs over the year, with Administrative, Support, and Waste Management Remediation Services accounting for over 60 percent of the gains.
• Financial
Activities rebounded from a loss of 900 jobs to a gain of 5,000 positions in September. This marked the largest over-the-month gains since 7,500 jobs were added in January.
• The Mining and Logging’s
16.0 percent annual growth rate marks the industry’s highest rate of employment gains since May 2012.
Total Nonagricultural Jobs 80,000
5.0%
60,000
4.0% 3.0%
40,000
2.0%
20,000
1.0%
0
0.0%
‐20,000
‐1.0% ‐2.0%
‐40,000
‐3.0%
‐60,000
‐4.0%
‐80,000
‐5.0%
OTM Change
OTY % Change
Labor Market and Career Information
2
CURRENT EMPLOYMENT STATISTICS Metro Areas (Seasonally Adjusted)
Metro Areas Abilene MSA Amarillo MSA Austin-Round Rock MSA Beaumont-Port Arthur MSA Brownsville-Harlingen MSA College Station-Bryan MSA Corpus Christi MSA Dallas-FW-Arlington MSA Dallas-Plano-Irving MD Fort Worth-Arlington MD El Paso MSA Houston MSA Killeen-Temple MSA Laredo MSA Longview MSA Lubbock MSA McAllen MSA Midland MSA Odessa MSA San Angelo MSA San Antonio MSA Sherman-Denison MSA Texarkana MSA Tyler MSA Victoria MSA Waco MSA Wichita Falls MSA
Sep 2017
Monthly Annual Annual % Change Change Change
68,200 121,400 1,031,400 161,000 143,800 118,100 195,500 3,628,400 2,589,900 1,041,100 320,500 3,016,000 148,300 104,300 97,300 147,700 257,300 89,200 70,600 48,400 1,048,600 47,300 60,100 107,100 41,800 118,400 57,700
0 -600 8,300 -1,800 500 800 -1,100 14,200 13,500 3,500 1,900 -24,900 0 100 100 -800 -1,500 400 700 -100 800 -200 200 400 -300 -300 0
100 1,000 25,500 -3,500 1,400 3,700 6,200 99,800 71,800 27,600 9,300 16,500 3,300 1,500 800 1,600 2,900 2,500 1,700 -200 24,500 900 -600 2,500 -100 -1,000 400
0.1 0.8 2.5 -2.1 1.0 3.2 3.3 2.8 2.9 2.7 3.0 0.6 2.3 1.5 0.8 1.1 1.1 2.9 2.5 -0.4 2.4 1.9 -1.0 2.4 -0.2 -0.8 0.7
Highlights
(MSA industry data are not seasonally adjusted)
• Thirteen out of 26 areas expanded over the month for a combined increase of 31,200 jobs. Twentyone areas grew over the year, while five areas contracted.
• The
Dallas-Plano-Irving area led all areas in job growth in September with 13,500 positions added. This almost equaled the sum of all the other areas that added jobs.
• The Odessa MSA led all areas in
percentage terms over-the-month with a gain of 1.0 percent. Per not seasonally adjusted data, the area added 1,400 jobs since September 2016, half of which were in the Mining, Logging, and Construction industry.
• The Corpus Christi MSA led all areas in percentage terms with a gain of 3.3 percent in employment over the year. Mining, Logging, and Construction led with 1,500 jobs added.
• Annual
employment loss was greatest in the Beaumont-Port Arthur MSA with the loss of 3,500 jobs. Trade, Transportation, and Utilities employment fell by 2,200 positions.
Fastest Growing Metro Areas Over the Year 3.5% 3.0% 2.5% 2.0% 1.5% 1.0% 0.5% 0.0%
Labor Market and Career Information
3
CURRENT EMPLOYMENT STATISTICS Fastest Growing Metro Areas Over-the-Year (Not Seasonally Adjusted)
College Station-Bryan MSA Area Industry Composition
Industry
100.0% Total Nonagricultural Mining, Logging, and Construction 6.3% Mining, Logging & Construction Manufacturing 4.5% Manufacturing Trade, Transportation, and Utilities 14.1% Trade, Transportation & Utilities Information 1.1% Information Financial Activities 3.2% Financial Activities Professional and Business Services 8.1% Professional & Business Services Educational and Health Services 9.7% Education & Health Services Leisure and Hospitality 13.3% Leisure & Hospitality Other Services 3.1% Other Services Government 36.7% Government
Annual Change 3,900 200 0 500 0 0 700 300 700 100 1,400
Annual % Change 3.4 2.7 0.0 3.1 0.0 0.0 7.9 2.7 4.6 2.8 3.3
Annual Change 5,500 1,500 300 1,200 -100 400 1,100 200 400 200 300
Annual % Change 2.9 6.8 3.5 3.5 -5.6 5.3 6.7 0.6 1.5 2.8 0.9
Annual Change 8,300 600 -100 700 -300 800 3,200 1,400 1,200 200 600
Annual % Change 2.7 4.0 -0.6 1.0 -6.0 6.3 9.4 3.2 3.5 2.1 0.8
Corpus Christi MSA Area Industry Composition
Industry
100.0%Mining, Logging, and Construction Total Nonagricultural 12.0%Manufacturing Mining, Logging & Construction 4.6% Manufacturing Trade, Transportation, and Utilities 18.1% Trade, Transportation & Utilities Information 0.9% Information Financial Activities 4.1% Financial Activities Professional and Business Services 9.0% Professional & Business Services Educational and Health Services 16.3% Education & Health Services Leisure and Hospitality 13.5% Leisure & Hospitality Other Services 3.8% Other Services Government 17.7% Government
El Paso MSA Area Industry Composition
Industry
100.0%Mining, Logging, and Construction Total Nonagricultural 4.9% Mining, Logging & Construction Manufacturing 5.3% Manufacturing Trade, Transportation, and Utilities 21.4% Trade, Transportation & Utilities Information 1.5% Information Financial Activities 4.3% Financial Activities Professional and Business Services 11.6% Professional & Business Services Educational and Health Services 14.3% Education & Health Services Leisure and Hospitality 11.2% Leisure & Hospitality Other Services 3.0% Other Services Government 22.6% Government
Download CES excel data sheets (include industry-level data) Labor Market and Career Information
4
LOCAL AREA UNEMPLOYMENT STATISTICS Texas & the U.S. (Seasonally Adjusted)
Texas September 2017 Employed 12,867,500 Unemployed 540,900
Date
4.0%
CLF
Employment Unemployment
Rate
1 September 2017
13,408,400
12,867,500
540,900
4.0
August 2017
13,373,300
12,816,400
557,000
4.2
September 2016
13,311,400
12,680,800
630,600
4.7
Date
CLF
2
U.S. September 2017 Employed 154,345,000 Unemployed 6,801,000
4.2%
Employment Unemployment
Rate
1 September 2017 2
161,146,000
154,345,000
6,801,000
4.2
August 2017
160,571,000
153,439,000
7,132,000
4.4
September 2016
159,830,000
151,926,000
7,904,000
4.9
Highlights
• Texas’ seasonally adjusted unemployment rate was 4.0 percent in September, down two-tenths of a percentage point from August. The U.S. rate also decreased by two-tenths of a percentage point to 4.2 percent.
• The state’s labor force participation rate was a seasonally adjusted 63.0 percent in September. • Texas’ seasonally adjusted LAUS employment was up 51,100 from last month. • Summarizing the not seasonally adjusted estimates, the Texas unemployment rate decreased by five-tenths of a percentage point to 4.0 percent from August to September. This was eight-tenths of a percentage point lower than the unemployment rate in September 2016. Over the previous five years, the unemployment rate has averaged a decrease of three-tenths of a percentage point from August to September.
10 Largest States' Unemployment Rates Florida Texas Texas North Carolina Michigan Georgia Pennsylvania New York Illinois California Ohio 3.0%
OTM Increase OTM Decline Current Rate
3.5%
4.0%
4.5%
Labor Market and Career Information
5.0%
5.5%
5
LOCAL AREA UNEMPLOYMENT STATISTICS Substate Areas (Not Seasonally Adjusted)
County Unemployment Rates
County Highlights
• Unemployment
rates varied considerably across counties, ranging from a low of 1.5 percent in McMullen County to a high of 10.2 percent in Zavala County.
• Forty-five counties had an unemployment rate of 3.0 percent or less.
• Zavala County’s unemployment rate decreased
by 5.3 percentage points over the year, comfortably the largest decline among Texas counties.
• In September 2017, 242 of the 254 counties had an over-the-month decline in their unemployment rates. One county was unchanged over the month, while 11 increased.
3.9% and below 4.0% to 4.9% 5.0% to 5.9% 6.0% to 6.9% 7.0% and above
• Over the year, the civilian labor force increased
in 90 counties. The other 164 counties in the state experienced a decline.
Texas Metro Areas Ranked by Unemployment Rate Rank 1 2 3 3 3 6 6 8 8 8 11 12 13 14
Area Amarillo Midland Austin-Round Rock College Station-Bryan Lubbock San Antonio-New Braunfels Sherman-Denison Dallas-Fort Worth-Arlington San Angelo Wichita Falls Abilene Laredo Odessa Killeen-Temple
Rate
Rank
Area
Rate
2.7 2.8 2.9 2.9 2.9 3.2 3.2 3.4 3.4 3.4 3.5 3.6 3.7 3.8
14 14 17 17 19 19 21 22 23 24 25
Tyler Waco Texas United States El Paso Texarkana Longview Victoria Houston-The Woodlands-Sugar Land Corpus Christi Brownsville-Harlingen McAllen-Edinburg-Mission Beaumont-Port Arthur
3.8 3.8 4.0 4.1 4.2 4.2 4.6 4.6 4.8 5.8 6.4 6.9 8.1
Metro Area Highlights
• 23 MSAs in Texas experienced an over-the-month decrease in their unemployment rate in September, with the Brownsville and McAllen-Edinburg-Mission MSAs experiencing a decline of 1.0 percentage point.
• Over the year, 24 MSAs saw a decrease in their unemployment rate, with 11 of them experiencing a decrease of one percentage point or more. Odessa experienced the largest over the year change, dropping 3.0 percentage points.
Labor Market and Career Information
6
CURRENT POPULATION SURVEY 12-Month Moving Average Unemployment Rates
Texas Unemployment Rates by Demographic Gender (age 16+)
Sep 2017
Aug 2017
Sep 2016
Female
4.4%
4.4%
4.4%
Male
4.6%
4.7%
4.7%
Age
Sep 2017
Aug 2017
Sep 2016
16-19
12.5% 13.1% 14.9%
20-24
7.2%
7.1%
8.9%
25-34
4.6%
4.7%
4.9%
35-44
3.9%
4.0%
3.0%
45-54
3.1%
3.1%
3.2%
55-64
3.6%
3.7%
3.1%
65+
3.7%
3.8%
3.7%
Race (age 16+)
Sep 2017
Aug 2017
Highlights
• The unemployment rate for males declined by 0.1 percentage points over-the-year to a rate of 4.6 percent, while the rate for women remained steady at 4.4 percent.
• The unemployment rate for veterans was up 0.2 percentage points over-the-year at 3.9 percent.
• Individuals
with some College education or higher continue to have a lower unemployment rate than those with a High School Diploma or less.
• Of the new entrants into Texas’ labor force in
September, more are men (28,400) than women (23,600).
• The number of people not in the labor force be-
cause they are discouraged over job prospects in Texas stands at 35,800, down from a level of 40,600 a year ago.
• Out of the estimated 7,711,700 Texans not in the labor force, 94 percent do not currently want a job.
Sep 2016
White
4.1%
4.1%
4.2%
Black
7.2%
7.3%
6.8%
Hispanic
5.0%
5.1%
4.7%
Unemployment Rates by Race 8% 7% 6% 5% 4% 3%
Other Categories (age 18+) Veterans
Education (age 25+)
Sep 2017 3.9% Sep 2017
Aug 2017 3.9% Aug 2017
Sep 2016
2% 1% 0%
3.7%
5.3%
5.5%
4.6%
High School Diploma
5.0%
5.1%
5.1%
Some College or Associate Degree
3.9%
3.9%
3.4%
Bachelor's Degree or Higher
2.6%
2.6%
2.5%
Black
Previous Year
Sep 2016
Less than High School
White
Hispanic
Previous Month
Sep 2017
Unemployment Rates by Education 6% 5% 4% 3% 2% 1% 0%
Less than HS
HS Diploma
Previous Year
Some College or Associate Degree
Previous Month
Bachelor's Degree or Higher
Sep 2017
Download all LAUS excel data sheets. Labor Market and Career Information
7
HELP WANTED ONLINE Statewide Online Job Postings Data (Seasonally Adjusted)
1,100
450
1,000
400
900
350
800
300
700
250
600 500
200
400
150
Unemployed
# OF ADS (THOUSANDS)
# OF UNEMPLOYED (THOUSANDS)
Texas Labor Supply vs. Labor Demand
HWOL
Highlights
• Online advertised vacancies increased by 27 to 300,260 in September, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series.
• The September Supply/Demand rate stands at 1.80 unemployed for each advertised vacancy with a total of 240,689 more unemployed workers than the number of advertised vacancies.
Top Employers by Postings Employer
Sep 2017
HCA - The Healthcare Company
Top Occupations by Postings Aug 2017
Occupation
Sep 2017
4,083 3,732
Registered Nurses
14,966 20,864
Robert Half International
3,108 3,432
Heavy Truck Drivers
10,938 12,080
Scott & White
2,467 2,155
Retail Salespersons
7,939
MedOptions, Inc.
2,224 2,224
Supervisors of Retail Sales Workers
7,886 8,453
ACCENTURE
1,913 1,953
Software Developers, Applications
6,719 5,839
The University of Texas System
1,780 1,686
Customer Service Representatives
5,876 6,415
Randstad
1,743 1,673
General Maintenance Workers
5,861 5,284
Army
1,604 2,872
Supervisors of Office & Admin Workers 5,287 5,272
Lowe's
1,549 1,422
Deloitte
1,431
Computer User Support Specialists Supervisors of Food Prep & Serving Workers
1,091
Labor Market and Career Information
Aug 2017
7,976
4,908 5,110 4,696 5,452
8
EMPLOYMENT NEWS Media Update
Job Gains Schwab’s Campus Underway
Dallas Morning News FORT WORTH, TX—California-based financial services firm Charles Schwab formally started building its $100 million regional office campus in north Tarrant County. The 700-acre office project on State Highway 114 will have 2,600 workers when it opens in early 2019. The state of Texas provided a $6 million enterprise grant to help pay for the new campus. “Texas is an important part of the Schwab family, and we’re glad to put another stake in the ground here,” said founder Charles Schwab. “We’re very optimistic about where we’re headed as a company and our future here in Texas.” San Francisco-based Schwab has operated since last year in Westlake, where it has more than 350 employees.
800 Jobs Coming to New Plant
Dallas Morning News GREENVILLE, TX—Brakebush Brothers Inc., a chicken processor that earned accolades this year as Wisconsin’s family business of the year, will build a 315,00-square-foot processing plant about 50 miles northeast of Dallas in Greenville. The plant is expected to create 800 jobs. Brakebush also operates a large facility in Irving. Carey Brakebush, the company’s vice president of facilities and transportation, said, “The pro-business environment, the strength of the labor force and the quality of the site on which we will build this state of-the-art processing facility all contributed to our decision to choose Greenville.”
Job Losses CB&I Issues Layoff Warnings, Relocates Workers
Beaumont Enterprise Beaumont, TX—Following extensive damage to its Beaumont location from Tropical Storm Harvey, engineering and construction company Chicago Bridge & Iron, also known as CB&I, has transferred more than 400 employees to other locations on the Gulf Coast but could still have to lay off about 45 people, the company said. In September, the Woodlands-based company warned 455 employees of possible layoffs. Explaining the notices, Gentry Brann, senior vice president of global communications and brand management, said the Beaumont Island Fabrication facility on Pine Street "experienced extensive flooding during Harvey" and the company has not yet decided what to do about the facility. So far, about 90 percent of affected workers have been relocated to different CB&I locations and projects. The company has a similar facility in Lake Charles, as well as multiple projects along the Gulf Coast, including Freeport. .
Fluor Cutting Corpus Christi Jobs
Houston Chronicle CORPUS CHRISTI, TX—Irving-based energy engineering and construction firm Fluor said it’s terminating almost 275 employees working on the financially struggling and much delayed “Jumbo” plastics plant project in Corpus Christi. The $1 billion, pending M&G Jumbo plastics planted, owned by Italy’s Mossi and Ghisolfi Group, owes money to a lot of contractors. Fluor said it’s stopping its work at the site after it was informed that M&G’s engineering arm, Chemtex, also is ceasing its operations, according to a letter Fluor filed with the Texas Workforce Commission. The result means Fluor is laying off nearly all its employees at the site immediately.
Labor Market and Career Information
9
KEY INDICATORS Total Nonag Annual Employment Growth
Unemployment Rates
Current Month: Texas: 2.1% US: 1.2%
Current Month: Texas: 4.0% US: 4.2%
(Seasonally Adjusted)
(Seasonally Adjusted)
12.0%
5.0% 4.0% 3.0% 2.0% 1.0% 0.0% ‐1.0% ‐2.0% ‐3.0% ‐4.0% ‐5.0% ‐6.0%
10.0% 8.0% 6.0% 4.0% 2.0% 0.0%
TX of US Source: TWC/Bureau Labor Statistics
Texas of Labor U.S. Statistics Source: TWC/Bureau
Initial and Continued Claims
West Texas Intermediate Crude Oil vs.Texas Rig Count
(3-Month Moving Average)
Current Month: Initial Claims: 101,313 Continued Claims: 687,223 1,600,000 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 0
140,000 120,000 100,000 80,000 60,000 40,000 20,000 0
Initial Claims Continued Claims Source: TWC
Current Month: WTI: $49.82 Texas Rig Count: 453 1,000 900 800 700 600 500 400 300 200 100 0
$160 $140 $120 $100 $80 $60 $40 $20 $0
WTI Administration Texas Rig Counts (EIA) & Baker Hughes Source: US Energy Information
Consumer Price Index Annual Growth
Average Hourly Earnings
(Not Seasonally Adjusted)
(Not Seasonally Adjusted)
Current Month: Dallas-Fort Worth: 3.2% Houston-Galveston: 2.2%
Current Month: Texas: $25.46 US: $26.49
8%
$27
6%
$26 $25
4%
$24
2%
$23
0%
$22
‐2%
$21
‐4%
$20
Dallas of Labor Houston Source: Bureau Statistics
US Source: BureauTXof Labor Statistics
Download Key Indicators data in excel. Labor Market and Career Information
10
GLOSSARY CURRENT EMPLOYMENT STATISTICS This Federal/State cooperative program produces estimates drawn from a monthly survey of nonfarm business establishments used to collect wage and salary employment, worker hours and payroll by industry and area. It counts the number of jobs, not of people. Nonagricultural Jobs - The total number of persons on establishment payrolls employed full or part time. Persons on the payroll of more than one establishment are counted in each establishment. Data exclude proprietors, self-employed, unpaid family or volunteer workers, farm workers, and domestic workers. Government employment only covers civilian employees. Actual or Not Seasonally Adjusted - Describes the data series not subject to the seasonal adjustment process. In other words, the effects of regular, or seasonal, patterns have not been removed from these series. Seasonally Adjusted - The effects of regular, or seasonal, patterns of hiring or layoffs (holidays, weather, etc.) have been removed from these series. These adjustments make it easier to observe the cyclical and other non-seasonal movements in a data series.
LOCAL AREA UNEMPLOYMENT STATISTICS This Federal/State cooperative program produces employment and unemployment estimates by place of residence. Employed - All persons 16 years and over who, during the reference week, (a) did any work at all (at least 1 hour) as paid employees, worked on their own business, profession, or on their own farm, or worked 15 hours or more as unpaid family workers, or (b) were not working but who had jobs from which they were temporarily absent. Each employed person is counted only once, even if the person holds more than one job. Unemployed - All persons aged 16 years and over who had no employment, were available for work, and had made specific efforts to find employment. Includes persons who were waiting to be recalled to jobs from which they had been laid off. Civilian Labor Force (CLF) - All persons classified as employed or unemployed. Unemployment Rate - The unemployed number divided by the civilian labor force number.
HELP WANTED ONLINE
MISCELLANEOUS
The Conference Board's data series provides monthly measures of labor demand (advertised vacancies) at the national, regional, state, and metropolitan area levels.
Metropolitan Division (MD) - A Metropolitan Statistical Area with a population of 2.5 million which is subdivided into smaller groupings is referred to as Metropolitan Divisions (MDs).
Supply-Demand rate - A ratio measuring the number of unemployed persons per Help Wanted Online job opening.
INDICATORS Initial Claims - A count of notices of unemployment received requesting a determination of eligibility for UI benefits. A person can file multiple claims.
Metropolitan Statistical Area (MSA) - A geographic area that contains at least one urbanized center of 50,000 or more population plus adjacent territory that has a high degree of social and economic integration with the core urban location. An MSA in Texas is made up of one or more counties.
Continued Claims - A count of claimants who have qualified for and are receiving UI benefits.
Metro Area - Can refer either to a Metropolitan Statisical Area or a Metropolitan Division. Texas has 25 MSAs, including the Dallas-Fort Worth-Arlington MSA which is subdivided into two MDs.
Consumer Price Index - An index of the variation in prices paid by typical consumers for retail goods and other items.
Workforce Development Area (WDA) - The State of Texas is divided into twenty-eight (28) local workforce development areas.
Labor Market and Career Information
11
LMCI Director: Doyle Fuchs Editor: Mariana Vega Layout and Design: Fatima-Zahra Pendleton TLMR Contributors: Phil Arnold, Gabriel Guzman, Robert Luttner, Fatima-Zahra Pendleton, Andrew Sak, and Matthew Weber.
Another quality product from Texas Workforce Commission Labor Market and Career Information 101 East 15th Street, Room 0252 Austin, Texas 78778-0001 1-866-938-4444 (512) 936-3278 FAX: (512) 936-3208 www.lmci.state.tx.us Equal Opportunity Employer/Program Relay Texas: 800-735-2989 (TTY) and 711 (Voice) http://www.texasworkforce.org