Table of Contents Explanation of Industry Projections Data ……………………………………. Page 5 Explanation of Occupational Projections Data ……………………………………. Page 5 Definition of Important Terms ……………………………………. Page 6 Methodology ……………………………………. Page 7 Total Employment Projections by Workforce Development Area ……………………………………. Page 9 Percent Growth of Total Employment by Workforce Development Area (Chart) ……………………………………. Page 10 Local Workforce Development Areas Map ……………………………………. Page 11 Northwest Arkansas Workforce Development Area Profile ……………………………………. Page 12 2014-2024 Industry Projections by Major Division ……………………………………. Page 13 Industry Rankings ……………………………………. Page 14 2014-2024 Occupational Projections by Major Group ……………………………………. Page 16 Occupational Rankings ……………………………………. Page 17 North Central Arkansas Workforce Development Area Profile ……………………………………. Page 19 2014-2024 Industry Projections by Major Division ……………………………………. Page 20 Industry Rankings ……………………………………. Page 21 2014-2024 Occupational Projections by Major Group ……………………………………. Page 23 Occupational Rankings ……………………………………. Page 24 Northeast Arkansas Workforce Development Area Profile ……………………………………. Page 26 2014-2024 Industry Projections by Major Division ……………………………………. Page 27 Industry Rankings ……………………………………. Page 28 2014-2024 Occupational Projections by Major Group ……………………………………. Page 30 Occupational Rankings ……………………………………. Page 31
Western Arkansas Workforce Development Area Profile ……………………………………. Page 33 2014-2024 Industry Projections by Major Division ……………………………………. Page 34 Industry Rankings ……………………………………. Page 35 2014-2024 Occupational Projections by Major Group ……………………………………. Page 37 Occupational Rankings ……………………………………. Page 38 West Central Arkansas Workforce Development Area Profile ……………………………………. Page 40 2014-2024 Industry Projections by Major Division ……………………………………. Page 41 Industry Rankings ……………………………………. Page 42 2014-2024 Occupational Projections by Major Group ……………………………………. Page 44 Occupational Rankings ……………………………………. Page 45 Central Arkansas Workforce Development Area Profile ……………………………………. Page 47 2014-2024 Industry Projections by Major Division ……………………………………. Page 48 Industry Rankings ……………………………………. Page 49 2014-2024 Occupational Projections by Major Group ……………………………………. Page 51 Occupational Rankings ……………………………………. Page 52 City of Little Rock Workforce Development Area Profile ……………………………………. Page 54 2014-2024 Industry Projections by Major Division ……………………………………. Page 55 Industry Rankings ……………………………………. Page 56 2014-2024 Occupational Projections by Major Group ……………………………………. Page 58 Occupational Rankings ……………………………………. Page 59
Eastern Arkansas Workforce Development Area Profile ……………………………………. Page 61 2014-2024 Industry Projections by Major Division ……………………………………. Page 62 Industry Rankings ……………………………………. Page 63 2014-2024 Occupational Projections by Major Group ……………………………………. Page 65 Occupational Rankings ……………………………………. Page 66 Southwest Arkansas Workforce Development Area Profile ……………………………………. Page 68 2014-2024 Industry Projections by Major Division ……………………………………. Page 69 Industry Rankings ……………………………………. Page 70 2014-2024 Occupational Projections by Major Group ……………………………………. Page 72 Occupational Rankings ……………………………………. Page 73 Southeast Arkansas Workforce Development Area Profile ……………………………………. Page 75 2014-2024 Industry Projections by Major Division ……………………………………. Page 76 Industry Rankings ……………………………………. Page 77 2014-2024 Occupational Projections by Major Group ……………………………………. Page 79 Occupational Rankings ……………………………………. Page 80 EXPLANATION OF INDUSTRY PROJECTIONS DATA LOCAL WORKFORCE DEVELOPMENT AREAS 2014-2024
NAICS Code NAICS Title 2014 Estimated Employment 2024 Projected Employment Net Change Percent Change Industry code according to the North American Industry Classification System (NAICS) Title and Coding Structure Industry title according to the North American Industry Classification System (NAICS) Title and Coding Structure An estimate of the number of jobs in an industry in 2014 The projected number of jobs expected to be in an industry in 2024 Total number of jobs an industry is expected to gain or lose over the 2014 to 2024 period Percent change in the number of jobs in an industry over the 2014 to 2024 period EXPLANATION OF OCCUPATIONAL PROJECTIONS DATA LOCAL WORKFORCE DEVELOPMENT AREAS 2014-2024 SOC Code SOC Title 2014 Estimated Employment 2024 Projected Employment Net Change Percent Change Annual Openings- Growth Annual Openings- Replacement Total Annual Openings The occupational code based on the Standard Occupational Classification (SOC) Coding and Title Structure The occupational title based on the Standard Occupational Classification (SOC) Coding and Title Structure An estimate of the number of jobs in an occupation in 2014 The projected number of jobs expected to be in an occupation in 2024 Total number of jobs an occupation is expected to gain or lose over the 2014 to 2024 period Percent change in the number of jobs in an occupation over the 2014 to 2024 period Average number of annual job openings expected to be available during the projection period due to employment growth Average number of annual job openings expected to be available during the projection period due to the need to replace workers who leave the occupation Average number of annual job openings expected to be available during the projection period due to employment growth and replacements Definition of Important Terms Base Employment – The average number of jobs in a particular industry or occupation during the benchmark year or quarter. Current Employment Statistics (CES) – A monthly survey of business establishments that provides estimates of employment, hours, and earnings data by industry for the nation as a whole, all states, and most major metropolitan areas. Employment – The number of jobs in a business or firm at any given time. Establishment – The physical location of a certain economic activity, for example, a factory, mine, store, or office. Generally, a single establishment produces a single good or provides a single service.
Top 10 Growing Industries Ranked by Net Growth NAICS Code NAICS Title 2014 Estimated Employment 2024 Projected Employment Net Growth Percent Growth 722000 Food Services and Drinking Places 7,466 8,824 1,358 18.19% 621000 Ambulatory Health Care Services 4,567 5,918 1,351 29.58% 311000 Food Manufacturing 2,185 3,460 1,275 58.35% 622000 Hospitals 4,846 6,057 1,211 24.99% 611000 Educational Services 10,338 11,229 891 8.62% 624000 Social Assistance 4,352 4,984 632 14.52% 623000 Nursing and Residential Care Facilities 2,415 3,011 596 24.68% 331000 Primary Metal Manufacturing 3,815 4,359 544 14.26% 561000 Administrative and Support Services 4,564 5,087 523 11.46% 452000 General Merchandise Stores 3,749 4,176 427 11.39% Top 10 Fastest Growing Industries Ranked by Percent Growth (Minimum Employment of 50) NAICS Code NAICS Title 2014 Estimated Employment 2024 Projected Employment Net Growth Percent Growth 311000 Food Manufacturing 2,185 3,460 1,275 58.35% 551000 Management of Companies and Enterprises 524 747 223 42.56% 488000 Support Activities for Transportation 585 821 236 40.34% 112000 Animal Production 137 186 49 35.77% 562000 Waste Management and Remediation Services 252 341 89 35.32% 621000 Ambulatory Health Care Services 4,567 5,918 1,351 29.58% 622000 Hospitals 4,846 6,057 1,211 24.99% 623000 Nursing and Residential Care Facilities 2,415 3,011 596 24.68% 451000 Sporting Goods, Hobby, Book, and Music Stores 435 520 85 19.54% 332000 Fabricated Metal Product Manufacturing 1,301 1,549 248 19.06% Top 5 Declining Industries Ranked by Net Growth NAICS Code NAICS Title 2014 Estimated Employment 2024 Projected Employment Net Growth Percent Growth