Strategic Business Plan 2017 - 2020 Strategic Business Plan 2017 - 2020 | Page 14

In-Demand Industries & Occupations The Coastal Bend region’s In-Demand Industry List is compiled based on employment trends and analysis of TWC’s 2014-2024 projections, employer demanded skills from EMSI’s Job Analytics tool. Analyzing both the job growth projected over the next 10 years as well as the number of jobs; industries are identified. Local knowledge of future projects that would pull from our labor force play a role in narrowing down to these key industries. The need for trained workers from the Coastal Bend has led the Construction and Petrochemical industries to be included in this target list. In-Demand Industry List (Appendix A) (NAICS) Code (4- digit) 1 6214 6233 6111 6221 NAICS Industry Title (Name) Outpatient Care Centers Continued Care and Assisted Living Facilities Elementary & Secondary Schools, Public & Private General Medical & Surgical Hospitals, Public & Private Annual Average Employment 2014 Annual Average Employment 2024 Number Change 2014- 2024 Percent Growth 2014- 2024 780 1,070 290 37.2% 720 980 260 36.1% 17,630 20,550 2,920 16.6% 7,700 9,070 1,370 17.8% 6211 Offices of Physicians 4,310 5,320 1,010 23.4% 2383 Building Equipment Contractors Local Government, Excl. Education & Hospitals 3,500 4,460 960 27.4% 10210 11120 910 8.90% 9039 2362 Nonresidential Building Construction 5,900 6,710 810 13.7% 2371 Utility System Construction 2,920 3,470 550 18.8% 5413 Architectural & Engineering Services Management & Technical Consulting Services 2,720 3,270 550 20.2% 720 1,010 290 40.3% Building Equipment Contractors Building Foundation & Exterior Contractors 3,500 4,460 960 27.4% 1,190 1,450 260 21.8% 3251 Basic Chemical Manufacturing 540 650 110 20.4% 5411 1,560 1,860 300 19.2% 3,020 3,310 290 9.6% 6216 Legal Services Petroleum & Coal Products Manufacturing Home Health Services 11,240 16,290 5,050 44.9% 4441 Building Material & Supplies Dealers 2,080 2,540 460 22.1% 5416 2382 2381 3241 Source: Based on TWC Tracer2 Projection Tool (2014-2024) and local knowledge/wisdom. Workforce Solutions of the Coastal Bend applied TWC’s long term projections from 2014-2024 as well as job postings analytics to identify occupations that are in demand from local employers. By comparing absolute growth (by number change) and percent of growth WFSCB built a list of 44 occupations that are most commonly trained for, posted for, or have the continued potential to grow till 2014. With a job growth rate for all occupations at 7.5% from 2014 to 2024 all occupations met this criteria of being an in demand occupation with the exception of Welders. However, upcoming projects not foreseen by the model justifies this 12