California innovation job openings increased from May 2014 to June 2014

innovation

innovation_2014_06

The number of job openings in California for “Innovation Type Jobs” increased from 12,335 in May 2014 to 12,612 in June 2014, while the searcher-to-job opening ratio increased from 0.68 to 1.02 in the same span.

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

Texas STEM job openings decreased from May 2014 to June 2014

STEM logoSTEM_2014_06

The number of job openings in Texas for STEM (science, technology, engineering, math) jobs increased from 12,335 in May 2014 to 12,612 in June 2014, while the searcher-to-job opening ratio increased from 0.68 to 1.02 in the same span.

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

Texas innovation job openings increased from May 2014 to June 2014

innovationinnovation_2014_06

The number of job openings in Texas for “Innovation Type Jobs” increased from 12,335 in May 2014 to 12,612 in June 2014, while the searcher-to-job opening ratio increased from 0.68 to 1.02 in the same span.

Image source: http://www.americas.gecapital.com/insight-and-ideas/capital-perspectives/innovation-secrets-of-steve-jobs

Texas job openings by major occupational group

Texas June 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 May 2014.

Occupation openings s2jratio
Management, business, and financial occupations 54098 0.7
Professional and related occupations 77613 1.19
Office and administrative support occupations 52093 1.2
Installation, maintenance, and repair occupations 16796 1.42
Service occupations 61409 1.65
Sales and related occupations 26907 1.76
Farming, fishing, and forestry occupations 888 2.24
Transportation and material moving occupations 17950 2.28
Production occupations 20146 2.7
Construction and extraction occupations 15616 5.01

Texas job openings by major occupational group

Texas June 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 May 2014.

Occupation openings s2jratio
Management, business, and financial occupations 54098 0.7
Professional and related occupations 77613 1.19
Office and administrative support occupations 52093 1.2
Installation, maintenance, and repair occupations 16796 1.42
Service occupations 61409 1.65
Sales and related occupations 26907 1.76
Farming, fishing, and forestry occupations 888 2.24
Transportation and material moving occupations 17950 2.28
Production occupations 20146 2.7
Construction and extraction occupations 15616 5.01

Texas Job Openings by Major Occupational Group

Texas May 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 May 2014.

occupation openings s2jratio
Management, business, and financial occupations 53053 0.8
Professional and related occupations 77452 0.8
Installation, maintenance, and repair occupations 16964 1.14
Office and administrative support occupations 51305 1.15
Service occupations 61732 1.51
Sales and related occupations 27126 1.79
Transportation and material moving occupations 18312 1.99
Production occupations 20093 2.72
Farming, fishing, and forestry occupations 872 3.61
Construction and extraction occupations 15892 4.46

Three takeaways from a closer look at job openings data for March 2014

The Conference Board Help Wanted Online (HWOL) data series release for March 2014 indicated a number trends worth discussing.

The Conference Board Help Wanted OnLine® Data Series (HWOL) measures the number of new, first-time online jobs and jobs reposted from the previous month for over 16,000 Internet job boards, corporate boards and smaller job sites that serve niche markets and smaller geographic areas.

The Conference Board’s HWOL series measures help wanted advertising, i.e. labor demand. The HWOL data series began in May 2005. The HWOL provides seasonally adjusted data for the U.S., the nine Census regions and the 50 States. The HWOL also provides seasonally adjusted data for occupations and for the 52 largest metropolitan areas..

So what are the trends.  Three take aways

  • Shale drilling influences remain high.   The state of North Dakota, which has a very active Shale play,  had one of the lowest supply to demand ratios (S/D ratio) of 0.46.  That is there were over 2 jobs advertised for each available worker.  Texas and the metro areas in Texas also had high employer demand.
  • California economy is growing again but in spurts. Some metro areas in California such as San Jose had a very high employer demand (1.31 S/D ratio) while others like Riverside had a lot of searchers per job opeing (5.15)
  • STEM rules.  Computer, math, and engineering jobs are in high demand.  The HWOL data shows that many of these occupations have S/D ratios of less than one