NO NOVA VA ECON ONOMIC OMIC OV OVERVIEW RVIEW: LM LMI UP - PowerPoint PPT Presentation

NO NOVA VA ECON ONOMIC OMIC OV OVERVIEW RVIEW: LM LMI UP UPDA DATE TE OCTOBER 5, 2017 www.nvcc.edu

QU QUARTERLY RTERLY UP UPDA DATE  Curren ent t unemploy loyme ment t rate (August st 201 017) 7) • Arlington: 2.5% (-0.3%) • Alexandria: 2.9% (-0.1%) • NOVA region: 3.1% (-0.3%)  Job postin ings, s, Q3 2017 17 – 20,091 ,091 • Arlington: 12,871 • Alexandria: 7,171 • NOVA region: 84,015 www.nvcc.edu

TOP OP EMPLOYERS OYERS HI HIRING NG IN ARL/A L/ALEX LEX  Anthem hem Blue e Cros oss s – 651 651  Accenture ture – 576 576  Booz z Alle len n Hami milton lton – 543 543  Deloit oitte te – 375 375  Genera eral l Dynami amics cs – 273 273  Inova a – 269 269  CSRA A – 199 199  Grant nt Thornton rnton – 183 183  Mantech ech Inter ernation ational al – 166 166  Sunrise rise Senior nior Livin ing g – 140 140 www.nvcc.edu

TOP OP OC OCCUP CUPATION ATIONS  Softw tware are Develop lopers ers – 1,330  Management gement analysts ysts – 760 760  Genera eral l managers agers – 660 660  Inform rmat ation ion security rity analys ysts ts – 606 606  Comp mput uter er syst stems ems engine ineer ers/ s/archit architects ects – 587 587  Regis ister tered ed nurses ses – 543 543  Netwo work rk and comput uter er syst stems ems adminis inistr trators ators – 375 375  Comp mput uter er user r suppor ort t specia ialists lists – 363 363  Comp mput uter er syst stems ems analys lysts ts – 358 358  Adminis inistr trat ative e assistants istants – 336 336 www.nvcc.edu

RETAIL AIL INDU DUSTRY STRY Motor tor vehi hicle cle and d parts dealers lers   Furnit iture re / home me furnish shing g stores res  Electr tronics cs and d appliance ce store res  Buildin ding materi erial al and garden den equipmen pment t dealers lers Foo ood d and d beve verage age stores ores  Health th and personal l care e st stores ores   Gas stati tion ons  Cloth thing g stores ores  Sport rting ing goods, ods, hobb bbies ies, and book ok st store res Genera eral l merchan rchandise se store res  Miscellan ellaneous ous store re retai ailers lers   Non onsto tore re retail ilers ers www.nvcc.edu

RETAIL AIL INDU DUSTRY STRY  Curren ent t employm oyment • Arlington/Alexandria – 17,568 employees • NOVA region – 124,862 employees • D.C. metro – 289,138 employees  Growt wth, h, past 5 years • Arlington/Alexandria – (391 jobs) • D.C. metro – 14,177 jobs • United States – 1.07 million jobs www.nvcc.edu

IS RE S RETAI AIL L A DY DYING G INDU DUSTRY STRY?  Growt wth h is is pr proje jected cted at 0.5% 5% over the next 10 years; ; slig ightly tly lower r than average ge  In N NOVA, A, growth th is is pr projec jecte ted d at 0.6% 6%, , about t half the average growth th for the regio ion  Most common mmon occ ccupa upati tion ons s in in t the in indu dustry: y: • Retail salespersons • Cashiers • Stock clerks / order fillers • Retail Supervisors www.nvcc.edu

RETAIL INDUSTRY SUBSET: “STORES”  Curren ent t employm oyment • Arlington/Alexandria – 7,734 employees • D.C. metro – 128,382 employees • United States – 7.2 million employees  Growt wth, h, past 5 years • Arlington/Alexandria (-3.0%) • D.C. metro (-0.5%) • United States (0.4%) www.nvcc.edu

RETAIL “STORES” JOB POSTINGS  5,55 556 6 postin ings in in D.C. metro ro over the last 90 da days • 388 of these postings in Arlington/Alexandria  Most common mmon occ ccupa upati tion ons s adv dvertis ised d for • Retail salespersons • Retail supervisors • Sales representatives • Merchandise displayers • Stock clerks www.nvcc.edu

RET ETAIL AIL EM EMPLOYERS OYERS HI HIRING ING IN IN D. D.C. . METRO, RO, PAST ST 90 DA DAYS Best t Buy   Macy’s  Sears rs Target et   Toys s R Us  Petco co Dick’s Sporting Goods   The Gap  H&M H&M  Stap aples les www.nvcc.edu

IS RE S RETAI AIL L DY DYING? G?  Answer: : Unknown. . Keep c close oser r eye on em employm oymen ent t trends ds in in t this is in indu dustry ry over the next few years; ; less focus on “job advertisements” as they may not accura urately tely reflect ect de demand as d as w we know many of the brands ds adv dvertisi ising g jo jobs s local ally ly are scalin ing g back k operation ions. s. www.nvcc.edu

HE HEALTHC THCARE ARE CAREER ER LADD DDER  www.nvc vcc.ed c.edu/w u/workforce/ orkforce/res esearch.htm rch.html www.nvcc.edu