A FEW COMMENTS ON MANUFACTURING IN OSHKOSH
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A FEW COMMENTS ON MANUFACTURING IN OSHKOSH. Presentation for the Oshkosh Manufacturing Cluster. Jeffrey Sachse Economist, Office of Economic Advisors Wisconsin Department of Workforce Development. September 17, 2014. ECONOMIC RECOVERY - HOW IS THIS ONE NOT LIKE THE OTHER ONES. 2.

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A FEW COMMENTS ON MANUFACTURING IN OSHKOSH

Presentation for the

Oshkosh Manufacturing Cluster

Jeffrey Sachse

Economist, Office of Economic Advisors

Wisconsin Department of Workforce Development

September 17, 2014


ECONOMIC RECOVERY - HOW IS THIS ONE NOT LIKE

THE OTHER ONES

2


JOBS RECOVERY- HOW IS THIS ONE NOT LIKE THE OTHER ONES


RECESSION COMPARISONSLAGGING ACROSS ALL INDICATORS

4



PROJECTED INDUSTRY GROWTH WILL BE MODEST

WISCONSIN PROJECTED EMPLOYMENT GROWTH: 2012-2022


NATIONAL NEW ORDERS ARE REACHING PRE-RECESSION LEVELS





LABOR FORCE STAGNATION MAY CONSTRAIN FUTURE GROWTH Statistics

Source: Bureau of Labor Statistics, OEA


THE StatisticsWINNEBAGO COUNTY MANUFACTURING WORKFORCE IS AGING RAPIDLY

Source: Quarterly Workforce Indicators, U.S. Census Bureau


LABOR DEMANDS StatisticsIN WINNEBAGO COUNTY ARE WIDESPREAD AND DIVERSE



PROJECTED StatisticsSTATEWIDE DEMANDS TO 2022 HEAVILY INFLUENCED BY REPLACEMENT RATES


NATIONAL WAGES StatisticsARE INCREASING BUT LAGGING BEHIND INFLATION


Questions ? Statistics


CONTACT INFORMATION Statistics

  • Jeff Sachse

  • Phone: 920-448-5268

  • Email: [email protected]

  • Website:www.dwd.wisconsin.gov

  • OEA website: www.dwd.wisconsin.gov/oea


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