May 2015                    NewsWIB Labor Market Information
National LMI Updates 2015

In April, both the unemployment rate (5.4 percent) and the number of unemployed persons (8.5 million) were essentially unchanged. Over the year, the unemployment rate and the number of unemployed persons were down by 0.8 percentage point and 1.1 million, respectively. 

Among the major worker groups, the unemployment rate for Asians increased to 4.4 percent. The rates for adult men (5.0 percent), adult women (4.9 percent), teenagers (17.1 percent), whites (4.7 percent), blacks (9.6 percent), and Hispanics (6.9 percent) showed little or no change in April. 

In April, average hourly earnings for all employees on private nonfarm payrolls rose by 3 cents to $24.87. Over the past 12 months, average hourly earnings have increased by 2.2 percent. Average hourly earnings of private-sector production and nonsupervisory employees edged up by 2 cents to $20.90 in April. 
In the week ending May 9, seasonally adjusted initial claims rate remained at 1.7% factoring in 264,000 new claims.  The number for total seasonally adjusted insured unemployment during the week ending May 2 was 2,229,000, unchanged from the previous week's level.   
National Employment Rates 
by Education Level
Among workers age 25 and older who graduated high school but did not attend college, the unemployment rate was 5.4 in April 2015.  For workers with some college or associate's degree, the unemployment rate was 4.7 percent.  For workers 25 or older with a bachelor's degree or higher, the unemployment rate was 2.7 percent.  
However, for workers with less than a high school diploma, the unemployment rate was 8.6 percent.
Latest Unemployment/Employment Stats
for Cincinnati Metro and Hamilton County

Unemployment Claims
  • In April 2015, initial (new) unemployment insurance claims filed in Ohio were reported as 31,697 with 284,998 continued claims
  • In April 2015, initial (new) unemployment insurance claims filed in Hamilton County were reported as 1,591 with 14,129 continued claims 

 Employment 
 

  • Total employed in Ohio was 5,386,500 in March 2015, up 1,500 from February 2015.
  • Total employed in the Cincinnati Metro was 1,052,700 at the beginning of April 2015
  • Vacancies in Transportation; Nursing; Retail Sales and Customer Service topped the list
Top 25 Job Postings in the U.S.

 

According to data from WANTED Analytics, Registered Nurse holds the number 1 spot of the top 25 demanded job titles, meaning it's the most advertised job opening. Administrative Assistant moved towards the top of the list, surpassing Occupational Therapist and Physical Therapist, which previously held top slots. However, three healthcare positions are still among the top 5 most in-demand job titles. 

 

Owner Operator has risen in demand since we last reported these findings in April 2013. Previously, this job title occupied the 27th spot on the list. Now, it ranks 9th. Employers are searching for Owner Operators to transport items under contract. Interestingly, while Owner Operator has grown, Driver and Truck Driver are no longer among the most frequently advertised job titles. Yet, Delivery Driver and a title with a CDL specification, Class A CDL Truck Driver, are listed. The latter title wasn't on the 2013 list. Employers may be using the job title to stress the importance of this requirement for the position. In Hamilton County, this appears to be the case.

 

Cashier climbed the list from the 35th spot to the 10th. Speech Language Pathologist is also more in demand than it was 2 years ago. Merchandiser had disappeared from the top titles in 2013, but now's it back at number 17. 

 

To view the entire list of 25 TOP JOB POSTINGS, Click Here.

YOUR FEEDBACK IS WELCOME!
     Issue 2015-5

Hamilton County Job Postings
There were 141,493 total job postings reported at the end of March  26,034 were unique. These numbers reflect a 5:1 Posting Intensity  meaning that for every 5 postings there is 1 unique job posting.

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Top 5 Job Postings in Hamilton County

Heavy and Tractor-Trailer Drivers = 2,728
Registered Nurses = 647
First Line Supervisors of Retail Sales Staff = 544
Retail Salespersons = 487
Customer Service Representatives = 482
Cincinnati Metro Area

Heavy and Tractor-Trailer Driver Wages


 

The current number of truck drivers in the Cincinnati Metro Area is approximately 11,300. The entry wage for these workers is $14.61 and median wage is $19.39.  For workers who work full time, the median annual salary is $40,315.
OhioMeansJobs
Apprenticeships

Registered Apprenticeship programs teach high-level skills for today's workplace. Ohio has more than 1,100 registered apprenticeship programs in fields as diverse as: construction, energy, health care, manufacturing, and utilities. 

 

Each program includes, at a minimum, 2,000 hours of structured on-the-job training and 144 hours per year of related technical instruction.

 
Businesses gain access to a pool of workers who have been trained at a reasonable cost to industry specifications. 


Apprentices are able to earn a living as they train for high-quality, reliable employment and a rewarding career.


For more information on

OhioMeansJobs apprenticeship programs, Click Here.
Prepared by:
cbrueggeman@sworwib.org
Southwest Ohio Region Workforce Investment Board
513-612-3678