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New Hires/Separations - Significance for Older Workers In North Carolina

New Hires/Separations - Significance for Older Workers In North Carolina. Bradford Woodard N.C. Employment Security Commission Bob Konrad North Carolina Institute on Aging Cecil G. Sheps Center for Health Svc. Research Jan 27, 2009. Identify Target. Aiming at the Target.

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New Hires/Separations - Significance for Older Workers In North Carolina

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  1. New Hires/Separations - Significance for Older Workers In North Carolina Bradford Woodard N.C. Employment Security Commission Bob Konrad North Carolina Institute on AgingCecil G. Sheps Center for Health Svc. Research Jan 27, 2009

  2. Identify Target

  3. Aiming at the Target • “Define life backwards and live life forwards” -Søren Kierkegaard http://en.wikipedia.org/wiki/Soren_kierkegaard

  4. Target • Improve welfare of older workers • Find viable employment opportunities • Identify strategic areas for marketing • Advocate for workers at the local/state governmental levels

  5. Objectives • Introduce the LED data set/system to aging professionals • Display examples from 2 counties • Identify some sectors where older workers are over- and under- represented. • Use the system to explore (and perhaps answer) your questions

  6. But first………… Some Defintions & background.

  7. Who are older workers? • Our definition Employed Workers age 55+ • Age 55-64: Late career worker • Age 65+: Post –retirement age workers • Some studies use different definitions • Various age cut-points • More subgroups, e.g., 60-64 group for intensive focus. • Different definitions of “worker” or “employed”

  8. Where is NC compared to the US? • NC in the lowest 10 states in terms of projected growth of population age 55+ • Between 2006 and 2010 this age group is expected to increase by only 1% between 2006 -2010. • This compares with 1.8% for the overall US & rates in excess of 3% for Florida & some western states. Source: Sloane Center

  9. Where is NC compared to the US? • State unemployment rates NC is in the middle of US states at 3.4% for the population age 55+ (2006) • Highest rates are in Michigan (5.6%); lowest in the Dakotas (2.0%). • 55+ unemployment does not necessarily track with rates for other age groups. • Source: Sloan Center • These rates will need updating!

  10. Theme • Practitioners can successfully identify areas to concentrate their focus for older workers seeking new employment by analyzing Local Employment Dynamics (LED) data on new hires and separations by industry.

  11. LED Data • Local Employment Dynamics (LED) data links individual wage records to business records • Able to determine where people work in relation to where they live by industry • Trended over time so able to see patterns across geography, age and sex

  12. New Hires Defined • A new hire is someone who starts a new job with a new employer. A new hire worked for an employer in the current quarter and was not employed by that employer in the four previous quarters. • New hires are also called “accessions” later in the presentation.

  13. Separations Defined • A separation is someone whose job with a given employer ended in the specified quarter. A separation worked for an employer in the current quarter and was not employed by that employer in following quarter.

  14. New Hire/Separation Applications • Identifies those industries likely to hire older workers • Identifies skill sets likely to lend themselves to favorable hiring status • Enables practitioners to concentrate efforts in areas most likely to succeed in job placement

  15. GROW Rates • Growth Rate For Older Workers – calculated as rate of growth in older age categories (55-64, 65+) from 2000 to 2007, divided by rate of growth for all workers. • Allows for equal comparisons among all groups. • Highlights those industries growing the fastest. • Eliminate high rates that are a function of small numbers.

  16. Durham County

  17. Top New Hire GROW Rates

  18. Durham County’s Top Employers

  19. Top Separation GROW Rates

  20. Johnston County

  21. Top New Hire GROW Rates

  22. Johnston County’s Top Employers

  23. Top Separation GROW Rates

  24. Additional Web Resources • Older Worker Reports and Quarterly Workforce Indicators: http://lehd.did.census.gov/led/index.html Choose “Older Worker Profiles” for examples of what data can be used for Choose “QWI Online” under Quick Links and select North Carolina

  25. On the Map Example • http://lehdmap3.did.census.gov/themap3/ • Allows user to customize reports and create own analysis • Specific to geography, age group, and industry

  26. “Our State” Magazine Article • Adult Scholars Leadership Program – connects experienced workers with an organization that can draw upon the skills and expertise from years of experience

  27. Theme • Practitioners can successfully identify areas to concentrate their focus for older workers seeking new employment by analyzing Local Employment Dynamics (LED) data on new hires by industry.

  28. Statewide Growth in NC • Older population • Older workers • Employment • Employment as % of population • New hires

  29. Most important employment sectors for older workers?

  30. Thank you!

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