E ONOMI UPDATE: Put- nam and Whiteside ounties ) - NCI Works€¦ · E ONOMI UPDATE: LWIA 4 ( ureau, arroll, Jo Daviess, LaSalle, Lee, Ogle, Put- nam and Whiteside ounties ) Workforce

815 N Orlando Smith Ave., Oglesby, IL 61348 Ph: 815-224-0375 Fax: 815-223-1385

www.nciworks.org Www.nciworks.org

Employment Change by Industry

Industry

Employment

2019 Q3

Avg. Annual Wages

2019Q3

Employment

Total Change Over Last

Year

BEST, Inc

% Change Over Last

Year

Total Approx Replace-ment De-

mand

Over Next 3 Years

Total Growth Demand

Over Next 3 Years

Avg. Annual Growth Per-

cent

Over Next 3 Years

Agriculture, Forestry, Fishing and Hunting 4,623 $54,731 -135 -2.8% 1,334 -145 -1.1%

Mining, Quarrying, and Oil and Gas Extraction 945 $91,152 -105 -10.0% 268 -19 -0.7%

Utilities 1,822 $130,834 -14 -0.8% 369 -109 -2.0%

Construction 6,044 $47,418 -143 -2.3% 1,785 8 0.0%

Manufacturing 19,812 $61,024 68 0.3% 5,051 -995 -1.7%

Wholesale Trade 4,648 $56,357 -347 -7.0% 1,225 -208 -1.5%

Retail Trade 14,269 $25,695 -571 -3.8% 5,101 -513 -1.2%

Transportation and Ware-housing 9,044 $48,979 -11 -0.1% 2,739 -128 -0.5%

Information 1,081 $33,820 -57 -5.1% 257 -49 -1.5%

Finance and Insurance 3,633 $52,817 -111 -3.0% 885 -116 -1.1%

Real Estate and Rental 1,408 $41,992 -30 -2.1% 399 -24 -0.6%

Professional, Scientific, and Technical Services 3,554 $47,215 272 8.3% 845 -58 -0.5%

Management of Compa-nies and Enterprises 357 $97,382 -21 -5.5% 89 -7 -0.6%

Administrative and Sup-port and Waste Manage-ment and Remediation Services 5,261 $31,117 564 12.0% 1,721 -84 -0.5%

Educational Services 10,737 $37,306 162 1.5% 2,484 -436 -1.4%

Health Care and Social Assistance 15,144 $42,643 -107 -0.7% 4,147 -111 -0.2%

Arts, Entertainment, and Recreation 1,495 $14,793 -101 -6.4% 606 -20 -0.4%

Accommodation and Food Services 10,852 $15,312 50 0.5% 5,196 -50 -0.2%

Other Services (except Public Administration) 5,995 $25,012 135 2.3% 1,858 -164 -0.9%

Public Administration 7,419 $41,048 49 0.7% 1,809 -204 -0.9%

Unclassified 19 $18,808 10 -108.5% 6 0 -0.9%

Total - All Industries 128,162 $43,691 -444 -0.3% 37,955 -3,391 -0.9%

Source: JobsEQ®

Data as of 2019 Q3

ECONOMIC UPDATE: LWIA 4 (Bureau, Carroll, Jo Daviess, LaSalle, Lee, Ogle, Put-

nam and Whiteside Counties )

http://www.chmuraecon.com/jobseq



Workforce Characteristics in Workforce Area 4 Average per Quarter

Industry Employment2 New Hires Separations Turnover

Average An-

nual Earn-

ings, Stable

Average An-

nual Earnings,

New Stable

Agriculture, Forestry, Fishing and Hunting 2,169 1,135 1,934 10.85 $40,457 $27,927

Mining, Quarrying, and Oil and Gas Extraction n/a n/a n/a n/a n/a n/a

Utilities n/a n/a n/a n/a n/a n/a

Construction 4,529 1,188 1,306 15.0% $50,023 $38,771

Manufacturing 19,685 1.458 1,644 5.4% $57,722 $38,852

Wholesale Trade 4,991 401 502 6.0% $54,162 $37,507

Retail Trade 14,247 2,278 2,602 10.3% $26,834 $16,187

Transportation and Warehousing 8,180 1,021 1,153 8.1% $43,030 $31,944

Information 1,088 63 94 5.4% $29,857 $15,010

Finance and Insurance 3,595 400 455 4.9% $49,909 $34,845

Real Estate and Rental and Leasing 1,205 147 190 9.2% $34,176 $28,825

Professional, Scientific, and Technical Services 2,658 248 311 6.2% $49,086 $37,997

Management of Companies and Enterprises n/a n/a n/a n/a n/a n/a

Administrative and Support and Waste Man- 4,093 1,611 1,804 17.6% $38,337 $27,629

Educational Services 10,407 720 1,242 4.7% $36,290 $16,830

Health Care and Social Assistance 14,572 1,394 1,474 6.9% $38,204 $25,889

Arts, Entertainment, and Recreation n/a n/a n/a n/a n/a n/a

Accommodation and Food Services 10,531 2,756 3,053 15.6% $13,693 $10,359

Other Services (except Public Administration) 3,693 428 573 9.3% $30,076 $19,185

Public Administration 7,343 541 1,109 5.3% $36,330 $21,345

Total - All Industries1 117,546 15,895 19,394 8.2% $42,516 $25,632

Source: JobsEQ® Data are for the four quarters ending 2018 Q1,



1. Total industry figures don't reflect employment in unclassified industries (NAICS 9999).

2. Employment for aggregate regions are summed from county-level data and, due to data availability, may not match total em-ployment as shown elsewhere in JobsEQ.






Demographic Profile1 for Workforce Area 4

Percent Value

BEST, Inc Illinois USA BEST, Inc Illinois USA

Demographics

Population2 — — — 330,403 12,854,526 321,004,407

Population Annual Average Growth2 -0.5% 0.1% 0.8% -1,533 10,616 2,448,797

Median Age3 — — — 43.1 37..7 37.8

Under 18 Years 21.7% 23.0% 22.9% 71,587 2,958,997 73,601,279

18 to 24 Years 7.9% 9.6% 9.7% 25,973 1,229,450 31,131,484

25 to 34 Years 11.2% 13.9% 13.7% 37,100 1,782.100 44,044,173

35 to 44 Years 11.5% 12.9% 12.7% 38,134 1,661,674 40,656,419

45 to 54 Years 13.8% 13.5% 13.4% 45,672 1,739,014 43,091,143

55 to 64 Years 14.8% 12.7% 12.7% 48,808 1,635,359 40,747,520

65 to 74 Years 10.4% 8.1% 8.6% 34,363 1,045,472 27,503,389

75 Years, and Over 8.7% 6.2% 6.3% 28,766 802,460 20,229,000

Race: White 93.8% 71.9% 73.0% 309,949 9,236,701 234,370,202

Race: Black or African American 2.0% 14.3% 12.7% 6,705 1,833,501 40,610,815

Race: American Indian and Alaska Native 0.2% 0.2% 0.8% 628 29,696 2,632,102

Race: Asian 0.7% 5.2% 5.4% 2,168 671,811 17,186,320

Race: Native Hawaiian and Other Pacific Is-lander 0.0% 0.0% 0.2% 156 4,275 570,116

Race: Some Other Race 1.7% 6.0% 4.8% 5,710 767,145 15,553,808

Race: Two or More Races 1.5% 2.4% 3.1% 5,087 311,397 10,081,044

Hispanic or Latino (of any race) 8.6% 16.8% 17.6% 28,558 2,162,070 56,510,571

Economic

Labor Force Participation Rate and Size (civilian population 16 years and over)4 61.9% 65.3% 63.3% 165,531 6,672,963 161,159,470

Armed Forces Labor Force4 0.0% 0.2% 0.4% 103 17,232 1,024,855

Veterans, Age 18-644 5.2% 3.6% 4.9% 10,138 287,377 9,667,749

Median Household Income3,4 — — — $55,035 $61,229 $57,652

Poverty Level (of all people)4 11.9% 13.5% 14.6% 38,154 1,698,613 45,650,345

Mean Commute Time (minutes)4 — — — 22.4 28.7 26.4

Commute via Public Transportation4 0.5% 9.4% 5.1% 705 569,355 7,607,907

Union Membership5 17.0% 14.7% 10.7% — — —

Educational Attainment, Age 25-64

No High School Diploma4 8.9% 10.0% 11.4% 15,050 685,186 19,230,541

High School Graduate4 33.8% 24.2% 26.0% 57,411 1,651,493 43,784,920

Some College, No Degree4 26.4% 21.3% 21.2% 44,722 1,451,093 35,803,629

Associate's Degree4 11.4% 8.7% 9.0% 19,432 591,369 15,199,517

Bachelor's Degree4 13.2% 22.4% 20.5% 22,464 1,525,384 34,602,913

Postgraduate Degree4 6.3% 13.4% 11.8% 10,635 913,622 19,917,735

Housing

Total Housing Units4 — — — 154,606 5,334,847 135,393,564

Median House Value (of owner-occupied units)3,4 — — — $120,951 $179,700 $193,500

Homeowner Vacancy4 2.3% 1.9% 1.7% 2,376 63,465 1,346,331

Rental Vacancy4 7.3% 6.4% 6.1% 2,708 112,856 2,838,344

Renter-Occupied Housing Units (% of Occu-pied Units)4 25.3% 33.9% 36.2% 34,120 1,633,310 42,992,786

Occupied Housing Units with No Vehicle Available (% of Occupied Units)4 5.7% 10.8% 8.8% 7,731 519,591 10,468,418

Source: JobsEQ® 1. American Community Survey unless otherwise noted 2013-2017 2. Census 2018 annual average growth rate since 2008

3. Median values for certain region may be estimated 4. ACS 2016 5. 2018 Current Population Survey union-stats.com and Chmura






Unemployment Rates (Source: Illinois Department of Employment Security, November 2019) United States 3.3%

Illinois 3.4%

Local Workforce Development Area 4 4.0%

Bureau County 4.0%

Carroll County 3.5%

Jo Daviess County 3.4%

LaSalle County 4.3%

Lee County 3.4%

Ogle County 4.1%

Putnam County 3.9%

Whiteside County 3.9%

Summary

The eight counties that comprise Local Workforce Innovation Area 4 have experienced a decline in popu-

lation at an annual average rate of 0.5%. Currently it has a civilian labor force of 165,531 with a participation rate

of 61.9%.

The three top industry sectors for the area include Manufacturing, Health Care/Social Assistance, and Re-

tail. Over the next 3 years the counties that define BEST, Inc. are expected to loose 3,391 jobs. In addition, Con-

struction is predicted to become the fastest growing industry sector with Health Care and Social Assistance also

showing promise of growth from job creation not just replacement of current workers. When looking at the de-

mand in other industries one needs to look at the replacement growth rather than actual growth from job crea-

tion. Replacement growth will be present in nearly all industry sectors due to an aging workforce and the re-

sulting retirement of current workers.

For additional information, or to request a county specific report, please contact:

Dianna Schuler

[email protected]

815-640-9406

Documents

E ONOMI UPDATE: Put- nam and Whiteside ounties ) - NCI Works€¦ · E ONOMI UPDATE: LWIA 4 ( ureau, arroll, Jo Daviess, LaSalle, Lee, Ogle, Put- nam and Whiteside ounties ) Workforce