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Navigating Workforce Trends in DC Metro Area: Talent Shortages and Income Shifts

Explore key workforce data from the DC metro area, including talent shortages, income patterns, job openings breakdown, and high-demand occupations. This comprehensive report, sourced from reputable sources like BLS and GMU, sheds light on the changing landscape of employment in the region.

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Navigating Workforce Trends in DC Metro Area: Talent Shortages and Income Shifts

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  1. State of our Workforce Prepared for: Arlington Chamber of Commerce

  2. DC Metro Trends

  3. DC Metro Job Change Per Sector Source: BLS 2011-2012 (Not Seasonally Adjusted), GMU Center for Regional Analysis.

  4. DC Metro Unemployment Rate 8.2 – DC 7.8 – U.S. 5.5 – SMD 3.9 - NVA Source: BLS 2005-2012 (Not Seasonally Adjusted), GMU Center for Regional Analysis.

  5. 5.2% Unemployment Rate In DC Metro Area Source: Conference Board HWOL & BLS, 2012.

  6. We Live In A Talent Shortage Area Source: BLS, 2010.

  7. 46% Of 25yr+ Population In DC Metro Have Earned At Least A Bachelor’s Degree Source: Conference Board HWOL & BLS, 2012.

  8. The Changing Income Pattern in theDC Metro, 1990 and 2010(percent share, inflation adjusted $s) Income Range1990 2010 $10K-$49K 44% 44% $50K-$79K 31% 14% $80K-$89K 20% 2% $90K and above 4% 39% Source: Bureau of Labor Statistics, Center for Regional Analysis.

  9. Alexandria/Arlington Trends

  10. We Really Live In A Talent Shortage Area Source: BLS, 11/2012.

  11. Job Opening Breakdown Breakdown of Job Openings • 76% Full-time (80% of which require at least a HS/GED) • 19% Part-time • 5% Temporary/Seasonal Average Wage of Job Openings • Full-time: $25.18 • Part-time: $12.84 Most Part-time Job Openings by Industry • Arts, Entertainment, & Recreation (67% of Openings) • Construction (50%) • Retail Trades (43%) Most Temporary Job Openings by Industry • Hospitality (99% of Openings) • Administration/Waste Management Services (42%) • Retail Trades (18%) Source: VEC, BLS, 2012. Virginia Job Vacancy Survey, Virginia Commonwealth University, October 2012.

  12. NVA’s Top 25 High-Demand Occupations

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