The Occupational Employment Statistics (OES) program, conducted by the Bureau of Labor Statistics (BLS), provides employment and wage information by occupation and geographic location. Hourly and annual mean and median wages are available for more than 800 different occupations at the national, regional, state, and MSA level.

According to the latest OES news release, the healthcare industry employed 12 million people in May 2015, which represents nearly 9% of the nation’s total employment. Registered nurses (2.7 million), nursing assistants (1.4 million), and home health aides (820,630) were the largest healthcare occupations.

For more information, please refer to www.bls.gov/oes

 

The Job Openings and Labor Turnover Survey  (JOLTS) is a monthly survey conducted by the Bureau of Labor Statistics. JOLTS collects data on total employment, the number of job openings, the number of hires, and the number of separations including quits and layoffs. JOLTS can be used to measure the growth of a particular industry and to better understand labor-market opportunities.

According to the latest release on April 5th, 2016, job hires in the United States increased to 5.4 million in February 2016, while during this same period separations made little change at 5.1 million.

For more information on the JOLTS, please refer to www.bls.gov/jlt

 

petroleum engineerThe number of job openings in Texas for “petroleum engineers” and “geological and petroleum technicians” decreased from 635 in August 2015 to 653 in September 2015, while the searcher-to-job opening ratio decreased from 1.23 to 0.96 in the same span.

 

 

petro_engineer_2015_09

The number of job openings in Texas for “derrick operators” and “roustabouts” increased from 171 in August 2015 to 173 in September 2015, while the searcher-to-job opening ratio increased from 5.96 to 6.50 in the same span.

roustabout_2015_09

 

Source: BLS

Image source: http://wonderfulengineering.com/what-is-petroleum-engineering/

California experienced an increase of 198 innovation job openings from August 2015 to September 2015, an increase of 0.72%. Texas experienced an increase of 96 innovation job openings from August 2015 to September 2015, an increase of 0.65%.

A symposium on how to grow innovation ecosystems to create wealth and jobs in the region will be paired with a MedStart event.

 

State Total Openings Monthly Change Yearly Change
CA 27,692 0.72% 7.85%
TX 14,906 0.65% 9.86%

Innovation jobs definition: http://www.employstats.com/blog/2014/09/26/1233/

Source: BLS

Image source: http://www.bizjournals.com/sacramento/news/2013/09/23/symposium-innovation-ecosystems-jobs-wea.html

prices_2015_07

Crude oil prices decreased from $59.48 per barrel in June 2015 to $47.11 per barrel in July 2015. Natural gas prices also decreased from $2.80 per million BTU in June 2015 to $2.76 per million BTU in July 2015.

production_2015_07

Texas crude oil production for July 2015 was 80,379 barrels, up from 79,556 barrels reported in June 2015. Texas natural gas production was 682,723 Mcf (thousand cubic feet) of gas in July 2015, up from the June 2015 natural gas production total of 671,691 Mcf.

Source: EIA, Texas RRC

In this post, we look at the weekly overtime (OT) hours typically worked by registered nurses who work in hospitals. Many of the employees that work in these jobs are not exempt from FLSA overtime pay and earn 1.5 times pay for hours worked over 40 in a given week. The tabulations below are based on U.S. Bureau of Labor Statistics (BLS) survey data. The BLS job title groups are insightful, generally containing more specific job titles with similar knowledge, skills, and abilities (KSA), but can be more broad than a particular company’s job title listing. Also, some companies may have the job title listed here as exempt from FLSA or state OT due to their specific job assignments. The BLS does not make a distinction as to if the job title is exempt or non-exempt from OT.

Occupational Group Title Percent of OT Workers Average Hours of OT 1 out of every 4 (25%) OT workers works at least:
Registered Nurses in Hospitals 15.44% 10.29 hours 52 hours

U.S. BLS data indicates that approximately 15.44% of registered nurses in hospitals work overtime hours in a given week.  On average, these workers that have FLSA overtime work approximately 10.29 hours a week in OT. The average regular or straight time pay rate of these workers in the U.S. is approximately $26.15 an hour.  The average FLSA OT rate, not including supplemental pay such as non-discretionary bonus pay, is $39.22 an hour.

Source: BLS (CPS March)

healthcareThe health care and social assistance industry gained 9,200 jobs from August 2015 to September 2015. Compared to September 2014, the cumulative number of jobs added in this industry is 67,000, an annual increase of 5.0%.

Source: http://www.tracer2.com/admin/uploadedPublications/2138_TLMR-Current_Edition.pdf

Image source: http://blogs.wsj.com/health/2012/01/06/health-care-sector-adds-jobs-as-overall-employment-picture-looks-healthier/

texas-oil-and-gas-imageThe oil and gas extraction industry in Texas lost 900 jobs from August 2015 to September 2015. Compared to September 2014, the cumulative number of jobs lost in this industry is 1,800, a decrease of 1.7%.

Source: http://www.tracer2.com/admin/uploadedPublications/2138_TLMR-Current_Edition.pdf

Image Source: http://www.eliteexploration.com/texas-oil-gas-companies/

In this post, we look at the weekly overtime (OT) hours typically worked by those who work as police officers. Many of the employees that work in these jobs are not exempt from FLSA overtime pay and earn 1.5 times pay for hours worked over 40 in a given week. The tabulations below are based on U.S. Bureau of Labor Statistics (BLS) survey data. The BLS job title groups are insightful, generally containing more specific job titles with similar knowledge, skills, and abilities (KSA), but can be more broad than a particular company’s job title listing. Also, some companies may have the job title listed here as exempt from FLSA or state OT due to their specific job assignments. The BLS does not make a distinction as to if the job title is exempt or non-exempt from OT.

Occupational Group Title Percent of OT Workers Average Hours of OT 1 out of every 4 (25%) OT workers works at least:
Police Officers 30.86% 12.6 hours 60 hours

U.S. BLS data indicates that approximately 30.86% of police officers work overtime hours in a given week.  On average, these workers that have FLSA overtime work approximately 12.6 hours a week in OT. The average regular or straight time pay rate of these workers in the U.S. is approximately $27.24 an hour.  The average FLSA OT rate, not including supplemental pay such as non-discretionary bonus pay, is $40.86 an hour.

Source: BLS (CPS March)