Laborshed Analysis
Local Workforce
Data on the available workforce in Story County can be found in the Story County Laborshed Analysis from Iowa Workforce Development. A laborshed is defined as the area or region from which an employment center draws its commuting workers. This report not only estimates the potential availability of workers but also describes characteristics of these workers. The following links show the recent survey results.
Employed. The employed individuals who are “very likely” or “somewhat likely” to change jobs within their company or accept a position with a different employer represent the primary pool of available labor (134,363). This key group has the following characteristics:
• 79.7 percent have some level of education or training beyond high school.
• 12.7 percent are working multiple jobs.
• They are currently working an average of 43 hours per week.
• Their average age is 41 years old.
• 44.1 percent are female and 55.9 percent are male.
• 36.4 percent are currently working in professional, paraprofessional, or technical occupations, followed by 17.5 percent in production, construction, or material handling.
• Their median wage is $12.35 per hour.
Unemployed. For those in the Laborshed who are unemployed (3,360), over half (52 percent) have some post high school education, 16 percent have an associate degree, 12 percent have an undergraduate degree, and 8 percent have a postgraduate degree.
Homemakers. The report found that 5,828 homemakers are interested in accepting employment if presented with the right opportunity.
Retirees. An estimated 2,968 retired persons are interested in re-entering the workforce in some capacity.
Underemployed. This report also considers those workers who are underemployed, that is, they are employed but have one or more of the following characteristics at their current employment: inadequate number of hours, mismatch of skills, or low income. It is estimated that 7,390 people fit into the “underemployed” category.
Data on the available workforce in Story County can be found in the Story County Laborshed Analysis from Iowa Workforce Development. A laborshed is defined as the area or region from which an employment center draws its commuting workers. This report not only estimates the potential availability of workers but also describes characteristics of these workers. The following links show the recent survey results.
In 2007, the total adjusted labor force for the Story County Laborshed was 385,292. It was found that 146,519 persons within the Story County Laborshed were willing to change or accept employment. This figure includes those who are employed, unemployed, homemakers, and retirees.Laborshed Analysis 2003
Laborshed Analysis 2005
Laborshed Analysis 2007
Employed. The employed individuals who are “very likely” or “somewhat likely” to change jobs within their company or accept a position with a different employer represent the primary pool of available labor (134,363). This key group has the following characteristics:
• 79.7 percent have some level of education or training beyond high school.
• 12.7 percent are working multiple jobs.
• They are currently working an average of 43 hours per week.
• Their average age is 41 years old.
• 44.1 percent are female and 55.9 percent are male.
• 36.4 percent are currently working in professional, paraprofessional, or technical occupations, followed by 17.5 percent in production, construction, or material handling.
• Their median wage is $12.35 per hour.
Unemployed. For those in the Laborshed who are unemployed (3,360), over half (52 percent) have some post high school education, 16 percent have an associate degree, 12 percent have an undergraduate degree, and 8 percent have a postgraduate degree.
Homemakers. The report found that 5,828 homemakers are interested in accepting employment if presented with the right opportunity.
Retirees. An estimated 2,968 retired persons are interested in re-entering the workforce in some capacity.
Underemployed. This report also considers those workers who are underemployed, that is, they are employed but have one or more of the following characteristics at their current employment: inadequate number of hours, mismatch of skills, or low income. It is estimated that 7,390 people fit into the “underemployed” category.
