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Presentation for September 2008 Board Meeting. A Tale of Two Cities A Statistical Analysis of Baltimore’s Mature Workers. OVERVIEW.

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presentation for september 2008 board meeting

Presentation forSeptember 2008 Board Meeting

A Tale of Two Cities

A Statistical Analysis of Baltimore’s Mature Workers

overview
OVERVIEW
  • First, data sets are presented that analyze the demographic characteristics of Baltimore City’s overall mature worker population, vs. those of the State and comparable jurisdictions.
    • “Mature workers” are defined as those citizens between the ages of 55 and 74.
    • This data is a compilation of information from: 2006 American Community Survey – US Census Bureau and tabulations from the Center for Labor Market Studies, Northeastern University.
overview1
OVERVIEW
  • Next, data is presented which provides a more focused assessment of a sub-set of Baltimore’s mature workers: those who have utilized one of MOED’s One-Stop Career Centers.
    • For this assessment, “mature workers” are defined as all of those citizens above 55 years of age.
    • This data is a compilation of information provided by MOED’s Performance and Planning Division.
population data
Population Data

**For Baltimore, another 91,331 individuals are in the 45 – 54 age bracket (15% of total population.**

annual mean earnings
ANNUAL MEAN EARNINGS

**Percentages are of each jurisdiction’s 2006 median household income (Baltimore - $36,031, Montgomery - $87,624, Prince George’s - $65,861, and Maryland - $65,144). **

unemployment rates
UNEMPLOYMENT RATES

**It is important to note that unemployment statistics only count individuals who are collecting federal Unemployment Insurance (UI) benefits. Once UI expires, a person drops of the unemployment rolls, but could very well still be out of work.**

mature workers served by moed2
MATURE WORKERS SERVED BY MOED

Gender: Male – 52% Female – 48%

Age: 55 – 61 – 72%

62 – 70 – 22% 71 – 80 – 5%

81 + – 1%

Employment Status: Employed – 10%

Not Employed – 90%

concluding remarks
Concluding Remarks
  • Overall, Baltimore’s mature workers confront the same set of challenges faced by all city residents (low income levels, limited educational attainment, lack of employment).
  • In general, however, the mature workers who utilize MOED’s services exhibit greater stability in each of these areas.
concluding remarks1
Concluding Remarks
  • This statistical assessment provides us with a firm foundation for future research into employment issues facing mature workers.
  • Going forward, the Mature Worker Task Force plans on conducting surveys with businesses (including BWIB member firms), and select groups of mature workers.
  • These surveys will investigate the needs of these respective populations, vis-à-vis mature work employment development.
  • Questions or Comments?
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