Exploring the Labor Market in Amazon HQ2 Finalist Cities.

A lot has already been said regarding Amazon and its search for a second headquarters (HQ2). Some argue HQ2 will bring a great benefit to the selected region, with Amazon saying they will invest over $5 billion and hire up to 50,000 employees for HQ2. Others have been more critical, arguing that the cost in the form of tax subsidies may not be worth the benefit gained. Additionally, there has been a lot of comparing the cities competing for HQ2, with front runners including Austin, Washington DC, and Denver, depending on which analysis you read.

Workers Per Establishment: Structural Shifts in Manufacturing

Recently, we wrote about employment growth in manufacturing. Here, we look at manufacturing growth in terms of workers per establishment. Prior to the recession, the average number of workers per manufacturing establishment had been declining. During the recession, the decline accelerated before recovering somewhat and then plateauing at an average of about 36 workers per establishment in 2012. Most manufacturing sub-sectors (three-digit NAICS codes) followed the same general trend.

Most Secure Jobs that Need Little Training

For jobs that typically don’t need a college degree, which are the most secure? Here we take a look at five popular ones (see chart below). Each of these are “secure” in the sense that they are jobs with very low unemployment rates. In addition, each of these jobs typically do not require a college award, plus they usually don’t require extensive training.

2016 Employment Projections by Educational Requirements

The Bureau of Labor Statistics recently released its employment projections for 2016, forecasting the change of employment by occupation ten years into the future. Included in this analysis is the attribution of each occupation to a specific category of “typical education for entry.” Grouping the employment numbers and estimates by these categories, we are able to see how employment is likely to change across various levels of educational attainment.