Louisiana Energy Workforce Outlook. Stephen R. Barnes, PhD

Transcription

1 Louisiana Energy Workforce Outlook Stephen R. Barnes, PhD

2 US Employment by Industry Education & Health Services 14% Professional & Business Services 14% Leisure & Hospitality 10% Manufacturing 7% Government 13% Financial Activities 10% Trade & Transportation 17% Information 2% Construction 5% Natural Resources & Mining 2% Other Services 6%

3 LA Employment by Industry Education & Health Services 13% Professional & Business Services 12% Leisure & Hospitality 10% Manufacturing 6% Government 14% Financial Activities 8% Other Services 6% Trade & Transportation 18% Information 1% Natural Resources & Mining 5% Construction 7%

4 US GDP by Industry Professional & Business Services 12% Leisure & Hospitality 4% Manufacturing 12% Education & Health Services 8% Financial Activities 20% Government 13% Trade & Transportation 16% Information 5% Other Services 2% Construction 4% Natural Resources & Mining 4%

5 Louisiana GDP by Industry Leisure & Hospitality 4% Professional & Business Services 8% Manufacturing 23% Education & Health Services 6% Financial Activities 13% Government 11% Other Services 2% Construction 5% Trade & Transportation 16% Information 2% Natural Resources & Mining 10%

6 Historical Employment & Projections LA Total US Total MILLIONS

7 Core Energy Industries Oil & Gas Extraction Support Activities for Mining & Extraction Pipeline Transportation Utilities

8 THOUSANDS Historical Employment & Projections Oil & Gas Extraction Total LA 2, , ,000 1, , ,700 1,600-1,500

9 THOUSANDS Historical Employment & Projections 50 Support Activities, Oil & Gas Total LA 2, , , , , ,200

10 Historical Employment & Projections 1,500 1,600 1,700 1,800 1,900 2,000 2,100 2, THOUSANDS Utilities Total LA

11 Historical Employment & Projections 1,500 1,600 1,700 1,800 1,900 2,000 2,100 2, THOUSANDS Pipeline Transportation Total LA

12 THOUSANDS Core Energy Employment Outlook 80 2, ,000 1,500 1,000 Utilities Pipeline Transportation Support Activities, Mining & Extraction Mining, Oil & Gas Total LA

13 Closely-Related & Support Industries Petroleum Manufacturing Chemical Manufacturing Heavy & Civil Engineering Construction Specialty Trade Contractors Water Transportation Rail Transportation Support Activities for Transportation Machinery Manufacturing

14 THOUSANDS Historical Employment & Projections 60 Heavy & Civil Engineering Construction Total LA 3, , , , , ,500

15 THOUSANDS Historical Employment & Projections 80 Specialty Trade Contractors Total LA ,500 2, , , ,700 1, ,300

16 Historical Employment & Projections 500 1,000 1,500 2,000 2,500 3, THOUSANDS Water Transportation Total LA

17 Historical Employment & Projections 1.3 LA Total Core Energy Energy Support & Related Industries

18 Recent Workforce Trends in Energy Upstream growth has soaked up recent increases in workforce supply Downstream manufacturing expansions generating large increases in workforce demand Baby boomer retirements plus the oil and gas bust of 1980s leading to increase in replacement demand

19 Top Core Energy Occupations Service Unit Operators, Oil, Gas, and Mining Roustabouts, Oil and Gas Riggers Rotary Drill Operators, Oil and Gas Laborers and Freight, Stock, and Material Movers, Hand Crane and Tower Operators Welders, Cutters, Solderers, and Brazers Maintenance and Repair Workers, General First-Line Supervisors of Construction Trades and Extraction Workers Electrical Power-Line Installers and Repairers Petroleum Engineers Industrial Machinery Mechanics Derrick Operators, Oil and Gas General and Operations Managers Production Workers, All Other Petroleum Pump System Operators, Refinery Operators, and Gaugers Maintenance Workers, Machinery Heavy and Tractor-Trailer Truck Drivers Electro-Mechanical Technicians Electricians First-Line Supervisors of Production and Operating Workers Captains, Mates, and Pilots of Water Vessels

20 Competition for Workers Riggers Mining Transportation and Warehousing Construction 6.2% 2.2% Manufacturing Other 12.8% Staffing Ratios Mining & Extraction: 3.6% 39.5% Annual Replacement 2.5% 22.8%

21 Competition for Workers Crane & Tower Operators Mining Construction Transportation and Warehousing 9.3% 1.1% Manufacturing Other 15.6% Staffing Ratios Mining & Extraction: 2.8% Annual Replacement 3.5% 51.7% 18.6%

22 Competition for Workers Electricians Construction Manufacturing Self-Employed Mining Utilities Government Educational Services Other Services (except Public Administration) Management of Companies and Enterprises Other Industry Staffing Ratios Utilities: 5.9% Mining & Extraction: 1.4% Annual Replacement 3.0% 9.1% 5.8% 4.1% 12.0% 3.3% 2.8% 1.9% 1.3% 2.4% 56.7%

23 Competition for Workers Heavy Tractor & Truck Drivers Transportation and Warehousing 3.3% 1.0% 0.4% 3.1% 0.2% Wholesale Trade 6.9% Construction Self-Employed Administrative and Support and Waste Management and Remediation Services Manufacturing Retail Trade Mining Government Other Services (except Public Administration) Utilities 6.9% 7.0% 39.8% Staffing Ratios Mining & Extraction: 1.7% Utilities: 0.9% 7.8% Annual Replacement 1.6% 13.0%

24 Competition for Workers Captains, Mates, and Pilots of Water Vessels Transportation and Warehousing 1.7% 0.4% 0.2% 0.1% Self-Employed 8.3% Mining Real Estate and Rental and Leasing Manufacturing Government 9.0% Arts, Entertainment, and Recreation 33.7% Administrative and Support and Waste Management and Remediation Services Industry Staffing Ratios Mining & Extraction: 1.3% Annual Replacement 4.7% 10.4%

25 Replacement Rates Several energy occupations key to multiple industries experiencing turnover rates above statewide average (2.49%) Derrick Operators, Oil & Gas: 4.4% Rotary Drill Operators: 4.1% Welders, Cutters, Solderers : 3.0% Petroleum Pump System Operators: 3.7% Captains, Mates of Water Vessels: 4.6% Freight, Stock, & Material Movers: 3.1% Gas Plant Operators: 3.2% Civil Engineers: 2.5% Mechanical Engineers: 3.5% Mining & Geological Engineers: 3.6% Health & Safety Engineers: 2.6% Operating Engineers: 3.3% Mobile Heavy Eqpt. Mechanics: 2.9% Power Line Installers & Repairers: 3.4% Power Distributors & Dispatchers: 3.9% Electricians: 3.0%

26 2022 Outlook for Top Occupations Occupation 2012 Base New Growth Replacement Total Demand Freight, Stock, and Material Movers, and Laborers 39,440 6,200 12,200 18,400 Heavy & Tractor-Trailer Truck Drivers 27,860 3,900 4,500 8,400 Maintenance & Repair Workers, General 28,650 3,800 5,500 9,300 Welders, Cutters, Solderers, & Brazers 14,590 2,100 4,400 6,500 First-line Supervisors of Construction & Extraction Workers 12,050 1,900 1,300 3,200 Electricians 10,830 1,500 3,200 4,700 First-line Supervisors of Production & Operating Workers 10,420 1,100 1,500 2,600 Captains, Mates, & Pilots of Water Vessels 9,270 1,700 4,300 6,000 Industrial Machinery Mechanics 6,890 2,200 2,000 4,200 Riggers 3,550 1, ,900 Service Unit Operators, Oil, Gas, & Mining 5, ,100 3,000 Crane & Tower Operators 4, ,600 2,400

27 2022 Employment Outlook Strong employment growth driven by energy US Forecast: 12.6% LA Forecast: 13.0% LA Core Energy Forecast: 13.9% LA Energy Support Forecast: 16.6% Replacement of existing workforce US Annual Replacement Rate: 2.3% LA Annual Replacement Rate: 2.5% Energy Occupations Replacement Rate: 2.9%

28 Stephen R. Barnes Director, LSU Division of Economic Development