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Inside this issue Workplace Accidents & the ‘Most Dangerous’ Jobs Map Facts: Health Spending Per Capita Fast Facts: Nebraska's Healthcare Industry Image by Bill Oxford on Unsplash NEBRASKA WORKFORCE TRENDS OCTOBER 2019 ISSUE | NEBRASKA DEPARTMENT OF LABOR

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Page 1: NEBRASKA WORKFORCETRENDS · 2019. 10. 4. · Some activity may have occurred outside the month. If you have an opening or expansion to report, contact us at LMI_NE@nebraska.gov

Inside this issueWorkplace Accidents & the ‘Most Dangerous’ Jobs

Map Facts: Health Spending Per Capita

Fast Facts:Nebraska's Healthcare Industry

Image by Bill Oxford on Unsplash

NEBRASKA WORKFORCE

TRENDSOCTOBER 2019 ISSUE | NEBRASKA DEPARTMENT OF LABOR

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2

3 Openings & Expansions

4 Map Facts: Health Spending Per Capita

10 County Rates

11 Fast Facts: Nebraska's Healthcare Industry

14 Economic Indicators

5 Workplace Accidents & the ‘Most Dangerous’ Jobs

Contents

Helpful LinksLabor Market Publications

Previous Issues

NEworks.nebraska.gov

Reader Feedback Survey

CreditsCommissionerJohn H. Albin

Editors Rachel StevensGrace Johnson Scott Hunzeker

Graphic Designer Hillary Lee

Image by Peter H from Pixabay

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Business Category Business Name Location

Food & Entertainment

Double Dips (Opening)O Street Nutrition (Opening)

North PlatteGering

Health & FitnessKopf Orthodontics (Opening)

Therapy Works (New Location Opening)NorfolkNorfolk

Retail/SalesBomgaars (Opening)

Cottage Refunk (Opening)Nexgen Outfitters (Expansion)

North PlattePlattsmouth

Sidney

Other

Advance Services (Expansion)Agency 39 (Opening)

BellaNova Travel (Opening)Creative Landscapes of Nebraska LLC (Opening)

Overton Veterinarian Clinic (Opening)Top Knot hair salon (Opening)

AllianceSidney

Nebraska CityNorth Platte

OvertonNorfolk

Source: Nebraska Department of LaborOpenings and expansions listed are a sampling of activity reported for that month. Some activity may have occurred outside the month. If you have an opening or expansion to report, contact us at [email protected].

Openings & Expansions AugustKermit Spade, Research Analyst

Image by Chokniti Khongchum from Pixabay

OCTOBER 2019

TABLE OF CONTENTS 3

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The Centers for Medicare and Medicaid Services (CMS), a division of the United States Department of Health and Human Ser-vices, produces health spending information by state of residence every five years, with the latest release, derived from 2014 data, published in 2017. These estimates include expenditures for all privately and publicly funded personal health care services and products (such as hospital care, physician services, nursing home care, prescription drugs, over-the-counter medicines, eyeglasses, hearing aids, etc.). Hospital care spending estimates are based on the hospitals’ total net revenue (gross charges less contractual adjustments, bad debts, and charity care). Not included in health spending estimates are insurance program adminis-tration, research, and construction expenses. (1)

Overall U.S. health spending per capita was $8,045 in 2014, compared to $8,412 in Nebraska. The District of Columbia ($11,944), Alaska ($11,064), and Massachusetts ($10,559) reported the highest health spending per capita. Utah ($5,982), Arizona ($6,452), and Georgia ($6,587) spent the least per capita on health expenditures. (1)

Map FactsDillon Cornett, Research Analyst Health Spending

Per Capita

Sources:1. Centers for Medicare & Medicaid Services. National Health Expenditure Data State (Residence). [Online] November 2017. https://www.cms.gov/Research-Statistics-Data-and-

Systems/Statistics-Trends-and-Reports/NationalHealthExpendData/NationalHealthAccountsStateHealthAccountsResidence.html.

Health Spending Per Capita, 2014

Source: Centers for Medicare & Medicaid Services (CMS). National Health Expenditure Data. Health Expenditures by State of Residence, 1991-2014. Published June 2017.

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TABLE OF CONTENTS 5

OCTOBER 2019

Workplace Accidents & the ‘Most Dangerous’ JobsDillon Cornett, Research Analyst

The United States Bureau of Labor Statistics (BLS) collects data about workplace injuries, illnesses, and fatalities through its Survey of Occupational Injuries and Illnesses (SOII) and Census of Fatal Occupational Injuries (CFOI). Nonfatal data provided by BLS includes industry rates of workplace injuries and illnesses with case circumstances and worker characteristics for those events where days away from work are required. The fatal injury data that BLS provides includes detailed industry, case, and worker characteristics on fatal workplace injuries. (1)

Nonfatal Injuries & IllnessesNationally, there were an estimated 2.8 million nonfatal workplace injuries (95.5% of the total) and illnesses (4.5% of the total) reported by private employers in 2017. (2) These injuries and illnesses occurred at a rate of 2.8 cases per 100 full-time equivalent (FTE) workers, as shown in the chart below. (3) Nonfatal injury and illness cases reported by private industry decreased by nearly 45,800 from 2016 to 2017. (2) Since 2003, the incidence rate for nonfatal occupational injuries and illnesses has had a pattern of decline, other than in 2012 when the rate remained constant. (3) Nebraska's incidence rates have also declined since 2003, but have been consistently higher than rates observed in the U.S. as a whole. (4)

Nationally, estimated incidence rates of occu-pational injuries and illnesses in 2017 were highest in the agriculture, forestry, fishing, and hunting sector (5.0 cases per 100 FTE workers). (5) In Nebraska, the agricul-ture industry also had the highest incidence rate of nonfatal occupa-tional injury and illness, at 5.9 cases per 100 FTE workers. (4) The prom-inence of agriculture in Nebraska's economy may help to explain why the state's injury/illness rates

consistently surpass the national average. Incidence rates and numbers of nonfatal occupational injuries in Iowa (3.6 rate, 45,800) and Kansas (3.2 rate, 33,900) were comparable to Nebraska figures in 2017.

Nonfatal Occupational Injury & Illness Incidence Rates in Private Industry, 2003 - 2017

Chart Source: U.S. Bureau of Labor Statistics. Nonfatal occupational injury and illness incidence rates by case type, private industry, 2003-17, US & Nebraska. Published 2018.

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The industry sector with the greatest total number of nonfatal injuries and illnesses nationwide was health care and social assistance (582,800 cases), followed by manufacturing (428,900), retail trade (395,700), and accommodation and food services (282,600). (2) In Nebraska, the manufacturing (4,800), health care and social assistance (3,700), and retail trade (2,500) industry sectors had the highest number of reported cases. (6)

In 2017, a total of 882,730 nonfatal occupational injuries and illnesses across the United States involved days away from work. The occupational groups with the highest number of injuries and illness cases were transportation and material moving workers (178,270 cases), production workers (98,320 cases), and installation workers (82,690). The specific occupation with the most recorded occupational injuries and illnesses involving days away from work was laborers and freight, stock, and materials movers (62,870 cases nationally), followed by heavy and tractor-trailer truck drivers (46,860 cases), nursing assistants (30,370 cases), retail salespersons (25,190 cases), and production workers, all other (25,040 cases). (7)

Nonfatal Occupational Injury & Illness Incidence Rates by Industry, 2017 (Private Industry Only)

Due to rounding and exclusion of nonclassifiable responses, data may not sum to totals.

Chart Source: U.S. Bureau of Labor Statistics. Incidence rates of nonfatal occupational injuries and illnesses by industry and case types, US & Nebraska. Published 2017.

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TABLE OF CONTENTS 7

OCTOBER 2019

Workplace FatalitiesMore than 5,140 U.S. workers died from an occupational injury in 2017, a 1% decrease from 2016 totals. (8) Since 2003, annual fatal work injuries were highest in 2006 (5,840), while the year with the fewest fatal injuries was 2009 (4,551). (8) The chart on page 8 displays the trend in the rate of fatal work injuries per 100,000 FTE workers. According to BLS, “fatal injury rates depict the risk of incurring a fatal occupational injury and can be used to compare risk among worker groups with varying employment lev-els.” (8) The rate of fatal work injuries appears to be consistent nationally since 2008, but Nebraska's rate has fluctuated over time, and decreased from 6.3 per 10,000 FTE workers in 2016 to 3.6 per 10,000 in 2017. (9; 10) Since 2003, the annual total number of fatal workplace injuries in Nebraska was highest in 2016 (60 cases), while the fewest fatal injuries occurred in 2017 (35 cases). (11) State and national rates for industries are not directly comparable due to the inclusion of government workers at the state level, but the exclusion of federal government employees. (8)

Nationwide Number of Nonfatal Occupational Injuries & Illnesses Involving Days Away From Work by Occupational Group, 2017 (Private Industry Only)

Chart Source: U.S. Bureau of Labor Statistics. Number of nonfatal occupational injuries and illnesses involving days away from work by occupation and selected natures of injury or illness, private industry, US. Published 2017.

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In 2017, the transportation and material moving occupation group had the highest number of fatal work injuries nationally, at 1,443. (12) More than 960 fatal injuries occurred in the construction and extraction occupational group, followed by installation, maintenance, and repair (414 cases) and manage-ment (414 cases). (12) Com-puter and mathematical occu-pations (11 cases) and legal occupations (11 cases) tied for the fewest fatal injuries of any group in the nation in 2017, both with 11 fatal incidents. (12)

Farming, fishing, and forestry had the highest fatal work injury rate per 100,000 FTE workers of any occupational group in 2017 (20.9 per 100,000) followed by transportation and material moving (15.9 per 100,000), and construction and extraction (12.2 per 100,000). (13)

Fatal Workplace Injuries per 100,000 FTE Workers, 2008 - 2017

Chart Source: U.S. Bureau of Labor Statistics, Rate of fatal work injuries per 100,000 full-time equivalent workers by employee status, 2008–17, US & Nebraska

Total Fatal Workplace Injuries in the US by Occupation, 2017

Chart Source: U.S. Bureau of Labor Statistics. Fatal occupational injuries by occupation and event or exposure, all United States, 2017. Published 2017.

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TABLE OF CONTENTS 9

OCTOBER 2019

The specific occupation titles where U.S. workers suffered the most fatal injuries were heavy and tractor-trailer truck drivers (840 cases), construction laborers (259 cases), farmers (258 cases), supervisors of construction workers (121 cases), and landscaping and groundskeeping workers (109 cases). (12)

In Nebraska, there were 35 total fatal occupational injuries in 2017, with the highest number occurring in the management (8 cases) and transportation and material moving (7 cases) occupation groups. The majority (57.1%) of these were caused by transportation incidents, with contact with objects and equipment (20.0%) and falls, slips, and trips (11.4%) being the next-most-common causes of fatal workplace injuries in Nebraska. (14) Incidence rates and numbers of fatal occupational injuries in Iowa (4.7 rate, 72) and Kansas (5.2 rate, 72) were comparable to Nebraska figures in 2017.

The Final WordThe downward trend in nonfatal occupational injury and illness incidence rates observed in private industry from 2003 to 2017 is encouraging for Nebraska and the United States as a whole. In both Nebraska and nationwide, the agriculture, forestry, fishing and hunting industry had the highest injury and illness incident rates during 2017, while the finance and insurance industry had the lowest. The most dangerous jobs in the country in 2017, based on the highest number of total fatal workplace injuries, were heavy and tractor-trailer truck drivers (840 cases), construction laborers (259 cases), and farmers (258 cases).

Sources:1. Bureau of Labor Statistics. Injuries, Illnesses, and Fatalities. [Online] 2019. [Cited: August 29, 2019.] https://www.bls.gov/iif/.2. Chart 2: Distribution of nonfatal occupational injuries and illnesses by private industry sector, 2017. [Online] 2017. [Cited: August 29, 2019.] https://www.bls.gov/iif/soii-

chart-data-2017.htm.3. Chart 1. Nonfatal occupational injury and illness incidence rates by case type, private industry, 2003-17. [Online] November 8, 2018. [Cited: August 29, 2019.] https://www.

bls.gov/iif/soii-chart-data-2017.htm.4. Table 1. Incidence rates of nonfatal occupational injuries and illnesses by industry and case types, Nebraska. [Online] 2017. [Cited: August 29, 2019.] https://www.bls.gov/

iif/state_archive.htm#NE.5. Table 1. Incidence rates of nonfatal occupational injuries and illnesses by industry and case types, US. [Online] 2017. [Cited: August 29, 2019.] https://www.bls.gov/iif/soii-

data.htm.6. TABLE 2. Numbers of nonfatal occupational injuries and illnesses by industry and case types, Nebraska. [Online] 2017. [Cited: August 29, 2019.] https://www.bls.gov/iif/

state_archive.htm#NE.7. Case circumstances and worker characteristics for injuries and illnesses involving days away from work by occupation, R9. Detailed occupation by selected natures

(Number). [Online] 2017. [Cited: August 29, 2019.] https://www.bls.gov/iif/soii-data.htm.8. Chart 1. Number of fatal work injuries by employee status, 2003–17, US. [Online] 2017. [Cited: August 29, 2019.] https://www.bls.gov/iif/oshwc/cfoi/cfoi-chart-data-2017.

htm#BLStable_1.9. Chart 2, Rate of fatal work injuries per 100,000 full-time equivalent workers by employee status, 2006–17, US. [Online] 2017. [Cited: August 29, 2019.] https://www.bls.gov/

iif/oshwc/cfoi/cfoi-chart-data-2017.htm#BLStable_1.10. Fatal injury rates by state of incident and industry, Nebraska. [Online] 2017. [Cited: August 29, 2019.] https://www.bls.gov/iif/state_archive.htm#NE.11. Fatal occupational injuries by selected characteristics, by major event or exposure, Nebraska. [Online] 2017. [Cited: August 29, 2019.] https://www.bls.gov/iif/oshwc/cfoi/

tgs/2017/iiffw31.htm.12. TABLE A-5. Fatal occupational injuries by occupation and event or exposure, all United States, 2017. [Online] 2017. [Cited: August 29, 2019.] https://www.bls.gov/iif/oshwc/

cfoi/cftb0317.htm.13. Chart 17, Number and rate of fatal occupational injuries to civilian workers by major occupation group. [Online] 2017. [Cited: August 29, 2019.] https://www.bls.gov/iif/

oshwc/cfoi/cfoi-chart-data-2017.htm#BLStable_1.14. Fatal occupational injuries by selected characteristics, by major event or exposure, Nebraska. [Online] 2017. [Cited: August 29, 2019.] https://www.bls.gov/iif/state_archive.

htm#NE

The Nebraska On-Site Safety and Health Consultation Program assists employers in providing their employees with a safe and healthy workplace by helping to identify and correct safety and health hazards in general industry and construction before they become dangerous and expensive problems.

The program is available to any business that has less than 250 employees on-site and 500 nationwide. We are unable to provide services to municipal, county, state or federal organizations. Services are provided through the Occupational Safety and Health Administration and administered through the Nebraska Department of Labor On-Site Safety and Health Consultation Program at no cost to the business requesting consultation services. The program is 90 percent federally funded and 10 percent state funded.

On-Site Safety and Health Consultation Program

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NEBRASKA August Non-Farm Total Employment: 1,033,390Manufacturing: 100,909

Nebraska (Smooth Seasonally Adjusted)August Unemployment Rate: 3.1%Change (OTM): 0.0 Change (OTY): -0.4

Economic Region (Not Seasonally Adjusted)Central: 2.9%Mid Plains: 3.2% Northeast: 2.9%Panhandle: 3.5%Sandhills: 3.0%Southeast: 3.2%

OMAHA MSA (Not Seasonally Adjusted) August Unemployment Rate: 3.0%August Total Non-Farm Employment: 515,405Manufacturing: 33,151

Largest OTM Increase (Private)Mining & Construction: 964 (2.9%)Education & Health: 589 (0.7%)

Largest OTY Increase (Private)Mining & Construction: 4,374 (14.6%)Professional & Business Services: 4,289 (5.9%)

GRAND ISLAND MSA (Not Seasonally Adjusted)August Unemployment Rate: 3.1%August Total Non-Farm Employment: 42,134Change (OTM): -99 (-0.2%)Change (OTY): 42 (0.1%)

LINCOLN MSA (Not Seasonally Adjusted)August Unemployment Rate: 2.9%August Total Non-Farm Employment: 191,375Manufacturing: 13,776

Largest OTM Increase (Private)Education & Health Services: 366 (1.2%)Leisure & Hospitality: 273 (0.3%)

Largest OTY Increase (Private)Education & Health Services: 1,451 (5.0%)Mining & Construction: 290 (3.0%)

Sources:1. Bureau of Labor Statistics Current Employment

Statistics Program2. Bureau of Labor Statistics Local Area

Unemployment Statistics Program

August 2019 County Unemployment Rates

Employment Data | August

2.7Cherry

Holt2.6

2.6Custer

Sioux2.9

3.5Lincoln

3.0Sheridan

2.8Morrill

2.7Garden

Knox2.8

Keith3.5

Dawes3.2

Rock3.4

Brown3.4

Gage3.3

Hall3.1

Dundy3.0

Chase2.4

2.8Buffalo

Grant3.5

Clay3.0

3.1Kimball

York2.8

3.7Frontier

Otoe3.3

Dawson2.9

Cedar2.6

3.0PlatteArthur

7.4

Burt3.1

2.3Perkins

4.4Cheyenne

Hayes3.0

5.7Blaine Loup

4.2

3.5Box Butte

Cass3.2

Boone2.7Banner

4.8

Polk3.0 2.7

Butler

Furnas3.3

3.2Hooker

2.7Antelope

Saline3.1

3.0Valley

2.7Pierce

Logan3.1

Thomas4.1

2.9Lancaster

Dixon2.7

Harlan3.4

Adams3.0

2.9Thayer

Dodge2.9

2.9Phelps

2.8Saunders

2.8McPherson

Deuel3.5

Howard2.9

Cuming2.7

Seward3.0

2.9Greeley

2.7Fillmore

3.6Hitchcock

2.8Garfield

3.5Franklin

3.1Keya Paha

3.7Webster

Nance2.7

2.8Madison

3.0Wheeler

2.9Nuckolls

Colfax2.8

Gosper2.8

3.6Scotts Bluff

3.1Jefferson

Wayne2.7

3.3Sherman

2.9Red Willow

2.7Kearney

3.1Hamilton

Pawnee3.3 3.3

Richardson

3.8Johnson

3.2Douglas

Boyd3.4

3.0Merrick

2.5Stanton

Nemaha4.2

4.6Thurston

Sarpy2.9

Dakota3.5

2.8Washington

County Rates2.3 - 2.8

2.9 - 3.2

3.3 - 3.8

3.9 - 4.8

4.9 - 7.4

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OCTOBER 2019

LINCOLN MSA (Not Seasonally Adjusted)August Unemployment Rate: 2.9%August Total Non-Farm Employment: 191,375Manufacturing: 13,776

Largest OTM Increase (Private)Education & Health Services: 366 (1.2%)Leisure & Hospitality: 273 (0.3%)

Largest OTY Increase (Private)Education & Health Services: 1,451 (5.0%)Mining & Construction: 290 (3.0%)

Nebraska's Healthcare Industry

Fast FactsJodie Meyer, Research Analyst

43,472The average number of Nebraskans employed in the ambulatory health care services industry subsector in 2018. This was the state's largest healthcare and social assistance subsector by employment. (1)

Healthcare and social assistance was Nebraska's largest industry sector by employment in 2018, employing 144,644 workers statewide. (1)

#1

The share of employed Nebraskans who worked in the healthcare and social assistance sector in 2018. (1)

1 in 7

$899The average weekly wage for workers in Nebraska's healthcare and social assistance sector as of 2018. (1)

The number of new jobs expected to be created in Nebraska's healthcare and social assistance sector between 2016 and 2026. (2)

21,861

$1,329The average weekly wage for workers in Nebraska's ambulatory health care services subsector, which was the highest-paying healthcare and social assistance industry subsector statewide as of 2018. (1)

15.6%The amount by which overall employment in Nebraska's healthcare and social assistance industry sector is projected to increase from 2016 to 2026, according to NDOL's long-term industry projections. (2)

TABLE OF CONTENTS 11

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Projected Employment Change in Nebraska's Health Care & Social Assistance Sector by Region, 2016-2026

Source: Nebraska Department of Labor. Long-term Industry Employment Projections: 2016-2026. Nebraska Statewide.

Top 5 Most Common Occupations in Nebraska's Health Care & Social Assistance Sector, 2016

*Workers age 25 and over

Source: U.S. Census Bureau. Quarterly Workforce Indicators. QWI Explorer. 2017.

SOC Title 2016 Estimated Employment

% of Total Sector Employment

Registered Nurses 21,283 15.2%

Nursing Assistants 11,890 8.5%

Childcare Workers 7,701 5.5%

Licensed Practical & Licensed Vocational Nurses 4,422 3.2%

Personal Care Aides 4,406 3.2%

Employment in Nebraska's Healthcare & Social Assistance Sector by Education Level*, 2017

Source: Nebraska Department of Labor. Long-term Occupation Employment Projections: 2016-2026. Nebraska Statewide.

3The number of health care and social assistance industry subsectors that are in the top ten industry subsectors projected to experience the most employment growth in Nebraska between 2016 and 2026. Ambulatory health care services came in at #1 with a 24.7% expected increase, social assistance ranked #3 (20.8%), and nursing and residential care facilities was #9 (15.3%). (2)

81.6%Women's share of total healthcare and social assistance employment in Nebraska as of 2017. (3)

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TABLE OF CONTENTS 13

OCTOBER 2019

The average hourly wage in Nebraska for orthodontists, the state's highest-paying job in the healthcare practitioners and technical occupational group. (4)

$150.39

The average hourly wage earned by occupational therapy assistants in Nebraska, making it the highest-paying job in the healthcare support occupational group. (4)

$29.19

The projected increase in employment of home health aides in Nebraska from 2016 to 2026. They are expected to be the state's fastest-growing healthcare occupation during this decade. (5)

41.1%

1. Nebraska Department of Labor. Quarterly Census of Employment and Wages. [Online] 2018. neworks.nebraska.gov.2. Long-term Industry Employment Projections: 2016-2026. Nebraska Statewide. [Online] July 2018. https://neworks.nebraska.gov/gsipub/index.asp?docid=439.3. U.S. Census Bureau. Quarterly Workforce Indicators. QWI Explorer. [Online] 2017. https://qwiexplorer.ces.census.gov/static/explore.html.4. Nebraska Department of Labor. Occupational Employment Statistics (OES) Program. Employment and Wage Estimates. [Online] Second Quarter 2019. neworks.nebraska.gov.5. Long-term Occupation Employment Projections: 2016-2026. Nebraska Statewide. [Online] July 2018. https://neworks.nebraska.gov/gsipub/index.asp?docid=440.

Sources:

Occupation Title Avg. Hourly Wage (2017)

Education; Work Experience (Years); Job Training

Avg. Annual Openings

(2016-2026)

Registered Nurses $29.85 Bachelor's degree; None; None 1,600

Licensed Practical & Licensed Vocational Nurses $20.10 Postsecondary non-degree

award; None; None 477

Dental Assistants $17.75 Postsecondary non-degree award; None; None 292

Physical Therapists $36.97 Doctoral or professional degree; None; None 130

Medical Records & Health Information Technicians $19.33 Postsecondary non-degree

award; None; None 137

Physician Assistants $48.46 Master's degree; None; None 90

Medical & Clinical Laboratory Technicians $19.30 Associate's degree;

None; None 122

Top 10 High Wage, High Skill, High Demand (H3) Healthcare Occupations in Nebraska, 2018

Source: Nebraska Department of Labor. High Wage, High Skill, and High Demand (H3) Occupations. [Online] 2018. https://neworks.nebraska.gov/gsipub/index.asp?docid=1165.

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14

Initial Unemployment Claims

Monthly Avg. Number of Claims per Week

Avg. Weekly EarningsAll Private Employees

Not Seasonally Adjusted

$962.21United StatesCurrent 2019

$878.77NE 10-Year High(June 2019)

$671.90NE 10-Year Low (July 2009)

$871.94Nebraska

Current 2019

UP +2.6%

NE Vs. Last Year

DOWN -0.8%NE Vs.

Last Month

$3.93NE 10-Year High (May 2011)

$2.62United States Current 2019

$2.52Nebraska

Current 2019

Gas Prices Avg. Retail Price per Gallon

(Regular-Grade Unleaded Gasoline)

DOWN -8.0%NE Vs.

Last Year

DOWN -3.4%NE Vs.

Last Month

An initial claim is a request for determination of UI program eligibility filed by an unemployed individual following a separation from an employer. It can serve as an indicator of emerging labor market conditions in the area.1

Average weekly earnings represents the mean pay received by workers for services performed over the course of one week.2

This figure represents the average price consumers paid at the pump for a gallon of regular-grade, unleaded gasoline during the specified timeframe. The main components affecting the retail price of gasoline are crude oil prices; costs and profits associated with refining, distribution, and market-ing; fluctuations in supply and demand; and federal, state, and local taxes.3

Economic Indicators Kermit Spade, Research Analyst

Data Sources: [Retrieved: September 2019.]NE- U.S. Bureau of Labor Statistics. State and Area Employment, Hours, & Earnings. Average Weekly Earnings of All Employees, In Dollars. Nebraska (Statewide): Total Private, Not Seasonally Adjusted. Series ID SMU31000000500000011. https://data.bls.gov/PDQWeb/sm.U.S.- U.S. Bureau of Labor Statistics. Employment, Hours, & Earnings from the Current Employment Statistics Survey (National). Average Weekly Earnings of All Employees: Total Private, Not Seasonally Adjusted. Series ID CES0500000011. https://data.bls.gov/PDQWeb/ce.

Data Sources: [Retrieved: September 2019.]NE- U.S. Employment & Training Administration. Initial Claims in Nebraska (NEICLAIMS). Retrieved from Federal Reserve Bank of St. Louis. https://fred.stlouisfed.org/series/NEICLAIMS.U.S.- U.S. Employment & Training Administration. Initial Claims (ICNSA). Retrieved from Federal Reserve Bank of St. Louis. https://fred.stlouisfed.org/series/ICNSA.

Data Sources: [Retrieved: September 2019.]NE- Nebraska Energy Office. Average Monthly Retail Motor Gasoline Prices in Nebraska. Regular Unleaded.http://www.neo.ne.gov/statshtml/97.htm#regular_unleaded.U.S.- U.S. Energy Information Administration. U.S. Regular All Formulations Retail Gasoline Prices.https://www.eia.gov/dnav/pet/PET_PRI_GND_A_EPMR_PTE_DPGAL_M.htm.

3,273NE 10-Year High (Dec. 2009)

579NE 10-Year Low (Apr. 2018)

3,500 $1,200

$6000

632Nebraska

Current 2019

UP +6.6%

NE Vs. Last Year

UP +4.5%

NE Vs. Last Month

1,375NE 10-Year

Avg.$755.05

NE 10-Year Avg.

$0

$5.00

$2.87NE 10-Year

Avg.

$1.68NE 10-Year Low (Feb. 2016)

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TABLE OF CONTENTS 15

OCTOBER 2019

Data Sources: [Retrieved: September 2019.]NE- U.S. Bureau of Labor Statistics. Consumer Price Index for All Urban Consumers: All Items in Midwest(CUUR0200SA0). Retrieved from Federal Reserve Bank of St. Louis. https://fred.stlouisfed.org/series/CUUR0200SA0#0.U.S.- U.S. Bureau of Labor Statistics. Consumer Price Index for All Urban Consumers: All Items(CPIAUCNS). Retrieved from Federal Reserve Bank of St. Louis. https://fred.stlouisfed.org/series/CPIAUCNS.

Labor Force Participation Rate

Seasonally Adjusted

UP +0.9%

NE Vs. Last Year

FLAT 0.0%

NE Vs. Last Month

The labor force is comprised of all persons age 16 and over in the civilian, noninstitu-tional population who are either employed or unemployed but available for work and actively seeking employment. It excludes people doing unpaid homemaking or volunteer work, retired people, and people who are not employed and not actively seeking work. The labor force participation rate measures the labor force as a percentage of the total civilian, noninstitutional population, age 16 and over.1

Consumer Price Index12-Month % Change

Not Seasonally Adjusted

The consumer price index (CPI) is a measure of the average change over time in the prices paid by consumers for goods and services. It is used to determine the real purchasing power of con-sumers’ dollars, and as a measure of inflation.6

Housing Prices4-Quarter % ChangeSeasonally Adjusted

+3.9%Midwest 10-Year High (Sept. 2011)

-0.2%Midwest 10-Year Low (Apr. 2015)

+1.5%Midwest Region

Current 2019

+1.7%United States Current 2019

+9.0%NE 10-Year High (Q1 2018)

+5.1%U.S. Current

Q2 2019

-3.3%NE 10-Year Low (Q4 2010)

+2.5%Nebraska Q2 2019

The housing price index (HPI) measures the movement of single-family house prices, based on purchases involving conventional mortgages purchased or securitized by Fannie Mae or Freddie Mac. “Four-quarter” change is relative to the same quarter one year earlier. HPI data are often considered useful for estimating housing affordability and projecting future changes in mortgage default rates.5

Data Sources: [Retrieved: September 2019.]NE- U.S. Bureau of Labor Statistics. Labor Force Participation Rate for Nebraska (LBSSA31). Retrieved from Federal Reserve Bank of St. Louis. https://fred.stlouisfed.org/series/LBSSA3.U.S.- U.S. Bureau of Labor Statistics. Civilian Labor Force Participation Rate (CIVPART). Retrieved from Federal Reserve Bank of St. Louis. https://fred.stlouisfed.org/series/CIVPART.

Data Source: [Retrieved: September 2019.]Federal Housing Finance Agency. Housing Price Index Datasets. Quarterly Data: Purchase-Only Indexes.https://www.fhfa.gov/DataTools/Downloads/Pages/House-Price-Index-Datasets.aspx#qpo

72.7%NE 10-Year High (July 2009)69.1%NE 10-Year Low (March 2017)

63.2%United States Current 2019

69.8%Nebraska

Current 2019

All Urban Consumers: All Items Index 1982–1984 = 100

FHFA Purchase-Only Housing Price Index

50% -2.5% -10%

10%5.0%80%

70.6%NE 10-Year

Avg. +1.8%Midwest Region

10-Year Avg.3.2%

NE 10-Year Avg.

Economic Indicators

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Nebraska Workforce Trends is published by the Nebraska Department of Labor in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics.

Equal Opportunity Employer/Program. TDD: 1.800.833.7352Auxiliary aids and services are available upon request to individuals with disabilities.

This workforce product was funded by a grant awarded by the U.S. Department of Labor's Employment and Training Administration. The product was created by the recipient and does not necessarily reflect the official position of the U.S. Department of Labor. The Department of Labor makes no guarantees, warranties, or assurances of any kind, express or implied, with respect to such information, including any information on linked sites and including, but not limited to, accuracy of the information or its completeness, timeliness, usefulness, adequacy, continued availability, or ownership. This product is copyrighted by the institution that created it. Internal use by an organization and/or personal use by an individual for non-commercial purposes is permissible. All other uses require the prior authorization of the copyright owner.

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