job openings – Page 9 – Economic Thinking In Action

All 4 largest Texas MSAs see decrease in job openings for Nov

All four largest MSAs (metropolitan statistical areas) in Texas experienced a decrease in job openings from October 2014 November 2014.

Dallas

Dallas experienced a decrease of 8,344 job openings from October 2014 to November 2014, a 10.74% decrease.

Date	Total Openings	Monthly Change	Yearly Change
Nov-14	69,326	-10.74%	11.28%
Oct-14	77,670	8.74%	19.49%
Sep-14	71,430	-20.43%	-6.57%
Aug-14	89,770	-0.90%	27.29%
Jul-14	90,586	6.86%	28.67%
Jun-14	84,771	0.29%	15.23%
May-14	84,526	-5.64%	20.19%
Apr-14	89,581	23.25%	26.62%
Mar-14	72,682	2.48%	-2.52%
Feb-14	70,922	-5.29%	1.27%
Jan-14	74,887	20.21%	12.54%
Dec-13	62,296	-4.16%	-8.80%

Austin

Austin experienced a decrease of 3,131 job openings from October 2014 to November 2014, a 9.03% decrease.

Date	Total Openings	Monthly Change	Yearly Change
Nov-14	31,539	-9.03%	18.96%
Oct-14	34,670	7.17%	24.53%
Sep-14	32,352	-15.59%	-0.45%
Aug-14	38,327	-1.57%	28.78%
Jul-14	38,938	5.96%	28.50%
Jun-14	36,748	1.44%	15.98%
May-14	36,228	-4.59%	19.27%
Apr-14	37,971	22.48%	25.01%
Mar-14	31,001	1.83%	-3.11%
Feb-14	30,443	-3.77%	0.38%
Jan-14	31,635	19.32%	9.52%
Dec-13	26,512	-4.77%	-10.09%

Houston

Houston experienced a decrease of 16,301 job openings from October 2014 to November 2014, a 20.30% decrease.

Date	Total Openings	Monthly Change	Yearly Change
Nov-14	61,824	-11.15%	10.35%
Oct-14	69,582	8.73%	19.68%
Sep-14	63,998	-20.30%	-5.99%
Aug-14	80,299	-1.83%	27.86%
Jul-14	81,792	8.29%	29.66%
Jun-14	75,527	-0.09%	14.68%
May-14	75,596	-5.17%	20.16%
Apr-14	79,716	20.94%	26.09%
Mar-14	65,912	3.59%	-1.16%
Feb-14	63,626	-5.45%	2.27%
Jan-14	67,291	20.11%	12.98%
Dec-13	56,026	-3.63%	-8.46%

San Antonio

San Antonio experienced an increase of 7,402 job openings from October 2014 to November 2014, a 20.44% decrease.

Date	Total Openings	Monthly Change	Yearly Change
Nov-14	27,676	-11.80%	12.69%
Oct-14	31,377	8.93%	21.21%
Sep-14	28,805	-20.44%	-4.98%
Aug-14	36,207	0.12%	27.65%
Jul-14	36,164	6.00%	27.85%
Jun-14	34,117	0.26%	15.48%
May-14	34,029	-5.52%	20.28%
Apr-14	36,017	23.93%	26.62%
Mar-14	29,061	2.62%	-2.85%
Feb-14	28,320	-5.47%	0.33%
Jan-14	29,958	21.97%	12.89%
Dec-13	24,561	-5.12%	-8.66%

Source: BLS

California and Texas both saw decrease in job openings in November

California

California experienced a decrease of 52,217 job openings from October 2014 to November 2014, a 10.45% monthly decrease.

Month	Total_Openings	Monthly_Change	Yearly_Change
Nov-14	447,277	-10.45%	15.15%
Oct-14	499,494	7.47%	21.56%
Sep-14	464,759	-18.01%	-2.91%
Aug-14	566,834	-0.67%	27.78%
Jul-14	570,648	6.01%	27.68%
Jun-14	538,310	0.55%	16.09%
May-14	535,368	-5.24%	20.85%
Apr-14	565,001	23.20%	26.68%
Mar-14	458,591	2.14%	-2.59%
Feb-14	448,997	-4.13%	0.79%
Jan-14	468,361	20.57%	11.64%
Dec-13	388,443	-5.47%	-9.36%

Texas

Texas experienced a decrease of 34,884 job openings from October 2014 to November 2014, an 11.11% monthly decrease.

Date	Total_Openings	Monthly_Change	Yearly_Change
Nov-14	278,989	-11.11%	10.78%
Oct-14	313,873	8.34%	19.17%
Sep-14	289,703	-20.46%	-5.86%
Aug-14	364,236	-1.23%	27.59%
Jul-14	368,784	7.36%	28.75%
Jun-14	343,517	0.21%	14.99%
May-14	342,800	-5.20%	20.03%
Apr-14	361,597	22.06%	25.80%
Mar-14	296,241	3.08%	-1.95%
Feb-14	287,386	-5.31%	1.30%
Jan-14	303,498	20.51%	12.47%
Dec-13	251,841	-4.38%	-8.61%

Source: BLS

California innovation job openings increased from Sep to Oct

The number of job openings in California for “Innovation Type Jobs” increased from 24,023 in September 2014 to 25,675 in October 2014. The searcher-to-job opening ratio also decreased from 0.90 to 0.84 in the same span.

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

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

California STEM job openings increased from Sep to Oct

The number of job openings in California for STEM (science, technology, engineering, math) jobs increased from 68,277 in September 2014 to 71,575 in October 2014. The searcher-to-job opening ratio decreased from 1.22 to 1.19 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://fairmountinc.com/help-wanted-1-2-million-good-paying-jobs-available/

Texas innovation job openings increased from Sep to Oct

The number of job openings in Texas for “Innovation Type Jobs” increased from 12,534 in September 2014 to 13,568 in October 2014. The searcher-to-job opening ratio decreased from 0.75 to 0.68 in the same span.

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

Source: BLS

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

Texas STEM job openings increased from Sep to Oct

The number of job openings in Texas for STEM (science, technology, engineering, math) jobs increased from 40,804 in September to 43,472 in October 2014. The searcher-to-job opening ratio decreased from 0.89 to 0.82 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

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

Beginning stages of expanding econometric model of worklife expectancy by Millimet, D. Nieswiadomy, M. & Slottje, D.

Worklife expectancy is one of the most significant variables employed by economists to calculate the monetary award in cases involving wrongful death or personal injury. We are in the progress of updating the econometric model of worklife expectancy of Millimet et al.

In the coming days and weeks we will be reporting on our progress and providing output tables as we produce them.

Some woklife expectancy references:

Flinn C.J. & Heckman J.J. (1982) “New Methods for Analyzing Structural Models of Labor Force Dynamics” Advances in Econometrics.

Millimet, D., Nieswiadomy, M., Ryu, H. & Slottje, D. (2003). “Estimating worklife expectancy: an econometric approach.” Journal of Econometrics.

Millimet, D. Nieswiadomy, M. & Slottje, D. (2010). “Detailed Estimation of Worklife Expectancy for the Measurement of Human Capital: Accounting for Marriage and Family.” Journal of Economic Surveys.

Nelson, D. (1983). “The use of worklife tables in estimates of lost earning capacity.” Monthly Labor Review.

Nieswiadomy, M., and Silberberg, E. (1988). “Calculating Changes in Worklife Expectancies and Lost Earnings in Personal Injury Cases.” The Journal of Risk and Insurance.

Skoog, G. R. and Ciecka, J.E. (2001). “The Markov (Increment-Decrement) Model of Labor Force Activity: New Results beyond Work-Life Expectancies.” Journal of Legal Economics.

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