bls – Page 13 – Economic Thinking In Action

Medical care commodities inflate more than general inflation from Oct to Nov

The consumer price index (CPI) went down from 37.909 in October 2014 to 237.428 in November 2014, an annualized rate of 3.08%.

The price index for medical care commodities went up at an annualized rate of 7.33% from October 2014 to November 2014. During the same period, the price index also increased for medical care services (4.78%), hospital and related services (2.98%), and professional services (6.05%).

Source: BLS

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

Earnings report for Engineering jobs

In this post, we look at some average earnings typical for particular occupations in the engineering field. The tabulation below is 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.

Engineering STEM Salaries

Job Title	Average Salary
Computer Hardware Engineers	$ 100,035.90
Aerospace Engineers	$ 94,492.37
Chemical engineers	$ 93,862.07
Electrical and electronic engineers	$ 90,567.73
Civil Engineers	$ 88,076.48

Source: BLS

Image source: http://fairmountinc.com/help-wanted-1-2-million-good-paying-jobs-available/

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

Earnings report for Technology jobs

In this post, we look at some average earnings typical for particular occupations in the technology field. The tabulation below is 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.

Technology STEM Salaries

Job Title	Average Salary
Software Developers, Applications and Systems Software	$ 93,227.46
Computer Systems Analysts	$ 83,334.38
Computer Programmers	$ 82,647.55
Computer Occupations, All Other	$ 65,948.52
Computer support Specialists	$ 58,163.96

Source: BLS

Image source: http://fairmountinc.com/help-wanted-1-2-million-good-paying-jobs-available/

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

Texas RN’s, therapists, and PA’s see increase in job openings from Sept. to Oct.

The number of job openings in Texas for nurses, therapists, and physician assistants increased from 10,248 to 10,580 from September 2014 to October 2014. The searcher-to-job opening ratio decreased from 0.86 to 0.81 during that same span.

Source: BLS

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

Earnings report for Science jobs

In this post, we look at some average earnings typical for particular occupations in the science field. The tabulation below is 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.

Science STEM Salaries

Job Title	Average Salary
Physician Assistants	$ 108,837.21
Pharmacists	$ 96,866.57
Biological Scientists	$ 67,490.59
Registered Nurses	$ 62,350.85
Phlebotomists	$ 31,295.76

Source: BLS

Image source: http://fairmountinc.com/help-wanted-1-2-million-good-paying-jobs-available/

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

Texas healthcare jobs increased by 0.8% from Sept. to Oct.

healthcare

The health care and social assistance industry gained 11,400 jobs from September 2014 to October 2014. Compared to October 2013, the cumulative number of jobs added in this industry is 47,300, an annual increase of 3.6%.

Source: http://www.tracer2.com/admin/uploadedPublications/2121_TLMR-November_14.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 extraction jobs increased by 0.3% from Sept. to Oct.

The oil and gas extraction industry in Texas gained 300 jobs from September 2014 to October 2014. Compared to October 2013, the cumulative number of jobs added in this industry is 8,200, an increase of 7.8%.

Source: http://www.tracer2.com/admin/uploadedPublications/2121_TLMR-November_14.pdf

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

Texas hydro-fracturing job openings increased from in October

petroleum engineer

The number of job openings in Texas for “petroleum engineers” and “geological and petroleum technicians” increased from 634 in September 2014 to 765 in October 2014, while the searcher-to-job opening ratio decreased from 0.99 to 0.83 in the same span.

petro_engineer_2014_10

The number of job openings in Texas for “derrick operators” and “roustabouts” increased from 270 in September 2014 to 353 in October 2014, while the searcher-to-job opening ratio decreased from 10.87 to 8.0 in the same span.

Source: BLS

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

Texas job openings by major occupational group for October

Texas October 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 October 2014.

Occupation	Job Openings	Searcher-to-Job Ratio
Management, business, and financial occupations	93,828	0.4
Service occupations	109,699	0.73
Office and administrative support occupations	83,681	0.79
Sales and related occupations	48,583	0.97
Professional and related occupations	144,040	1.22
Farming, fishing, and forestry occupations	1,823	1.31
Construction and extraction occupations	17,840	40.5

Source: BLS

3 of 4 largest MSAs in Cali see annual increase in job openings for Oct.

san_diego_2014_10

Compared to October of last year, 3 of the 4 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; Riverside was the only MSA that did not.

Source: BLS