BLS Data – Page 10 – Economic Thinking In Action

FLSA OT report for individuals working in automotive body and related repair occupations

In this post, we look at the weekly overtime (OT) hours typically worked by those who work in automotive body and related repair occupations.

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. 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
Automotive Body and Related Repairers	26.92%	13.3 hours	60 hours

U.S. BLS data inddicates that approximately 26.92% of automotive body and related repairers work overtime hours in a given week. On average, these workers that have FLSA overtime work approximately 13.3 hours a week in OT. The average regular or straight time pay rate of theise workers in the U.S. is approximately 18.77 an hour. The average FLSA OT rate, not including supplemental pay such as non-discretionary bonus pay is 28.16 an hour.

Source: BLS (CPS March)

Texas STEM job openings decreased from Nov to Dec

The number of job openings in Texas for STEM (science, technology, engineering, math) jobs decreased from 39,659 in November to 39,570 in December 2014. The searcher-to-job opening ratio also decreased from 0.81 to 0.68 in the same span.

Our definition of STEM jobs: http://www.employstats.com/blog/2014/09/19/growing-national-interest-in-stem-fields-has-focused-our-research/

Source: BLS

Image source: http://projecttomorrowblog.blogspot.com/2013/11/i-am-scientist.html

CPI falls faster than medical care commodities while medical services rise from Dec to Jan

The consumer price index (CPI) went down from 236.284 in December 2014 to 234.677 in January 2015, an annualized rate of 8.16%.

The price index for medical care commodities went down at an annualized rate of 3.37% from December 2014 to January 2015. During the same period, the price index increased for medical care services (0.98%), hospital and related services (0.59%), and professional services (2.09%).

Source: BLS

Image source: http://www.shutterstock.com/pic-54762670/stock-photo-background-concept-illustration-consumer-price-index.html

Texas RN’s, therapists, and PA’s see increase in job openings from Nov to Dec

The number of job openings in Texas for nurses, therapists, and physician assistants increased from 9,189 to 10,144 from November 2014 to December 2014. The searcher-to-job opening ratio decreased from 0.85 to 0.63 during that same span.

Source: BLS

Image source: http://www.carrollhs.org/s/1253/index.aspx?pgid=877

FLSA OT report for individuals working in grounds maintenance occupations

In this post, we look at the weekly overtime (OT) hours typically worked by those who work in grounds maintenance occupations.

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.

Occupational Group Title	Percent of OT Workers	Average Hours of OT	1 out of every 4 (25%) OT workers works at least:
Grounds Maintenance Workers	15.85%	11.2 hours	53.5 hours

U.S. BLS data inddicates that approximately 15.85% of grounds maintenance workers work overtime hours in a given week. On average, these workers that have FLSA overtime work approximately 11.2 hours a week in OT. The average regular or straight time pay rate of theise workers in the U.S. is approximately 11.90 an hour. The average FLSA OT rate, not including supplemental pay such as non-discretionary bonus pay is 16.35 an hour.

Source: BLS (CPS March)

Texas oil and gas extraction jobs increased by 0.5% from Nov to Dec

The oil and gas extraction industry in Texas gained 600 jobs from November 2014 to December 2014. Compared to December 2013, the cumulative number of jobs added in this industry is 5,600, an increase of 5.2%.

Source: http://www.tracer2.com/admin/uploadedPublications/2127_TLMR-January_15.pdf

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

Texas oil and gas extraction jobs increased by 0.5% from Nov to Dec

Source: http://www.tracer2.com/admin/uploadedPublications/2127_TLMR-January_15.pdf

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

Texas hydro-fracturing job openings decreased from Nov to Dec

petroleum engineer

The number of job openings in Texas for “petroleum engineers” and “geological and petroleum technicians” decreased from 632 in November 2014 to 595 in December 2014, while the searcher-to-job opening ratio also decreased from 0.89 to 0.78 in the same span.

The number of job openings in Texas for “derrick operators” and “roustabouts” decreased from 271 in November 2014 to 259 in December 2014, while the searcher-to-job opening ratio also decreased from 11.14 to 10.35 in the same span.

roustabout_2014_12

Source: BLS

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

Texas job openings by major occupational group for Dec

Texas December 2014

Total number of job openings and median searcher-to-job ratio across all MSAs (metropolitan statistical areas) for each major occupational group in Texas in December 2014.

Occupation	Job Openings	Searcher-to-Job Ratio
Management, business, and financial occupations	81,943	0.4
Service occupations	93,411	0.78
Office and administrative support occupations	72,852	0.95
Professional and related occupations	134,368	1.13
Farming, fishing, and forestry occupations	1,508	1.38
Sales and related occupations	37,555	2.62
Construction and extraction occupations	14,382	50.69

Source: BLS

All 4 largest MSAs in Cali see annual increase in job openings for Dec

Compared to December of last year, all of the main MSAs (metropolitan statistical areas) in California saw an annual increase in the number of job openings and decrease in the searcher-to-job opening ratio.

Source: BLS