AVIATION. January Aviation INDUSTRY PROFILE. for Arapahoe & Douglas Counties Colorado WIOA Central Planning Region
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1 January 2017 Aviation INDUSTRY PROFILE for Arapahoe & Douglas Counties Colorado WIOA Central Planning Region
2 Background The Metro Denver region ranks 14th among the nation s 0 largest metro areas for aviation employment concentration in 201, directly employing 18,470 workers. The industry cluster includes companies that manufacture aircraft and provide air transportation services, with Denver International Airport (DEN) serving as the major economic engine for the region s aviation industry. DEN added several domestic and international airlines in 201, providing service to more than 18 destinations worldwide. Colorado s airport system is a vital and significant contributor to the state s economy. The state s robust system of 74 public-use airports supports 2,000 jobs, $12. billion in payroll, and generates $.7 billion in economic output annually. The airports enable economic growth, promote significant development and tourism activities, facilitate commerce and investment, and help to maintain the state s outstanding quality of life. The state s largest airport, Denver International Airport (DEN), provides connectivity between the nine-county Metro Denver and Northern Colorado region1 and serves as one of the busiest airline hubs in the world. The aviation cluster includes companies that manufacture aircraft and provide air transportation services. More specifically, the cluster includes airlines, airports, aircraft manufacturing and technology companies, and support services. Source: Metro Denver Economic Development Corporation Rankings Business Insider ranked Colorado s economy the third best in the country, based on recent change in housing prices, nonfarm payroll growth, unemployment rate, GDP per capita, average weekly wage, and state government surplus and deficit. Forbes ranked Metro Denver sixth of fastest growing cities in 201. Factors that earned us this standing included our 4 percent unemployment rate 2. percent job growth rate. According to Money magazine, Denver is the best city to live in the West. The ranking called Metro Denver a mecca for millennials and that the city has relatively affordable real estate and great access to recreation. WalletHub ranked three Metro Denver cities among the best in the country for first-time home buyers: Centennial ranked third, Longmont ranked ninth, and Thornton ranked 10th.
3 Employment Concentrations This map show where the highest concentration of employment are in the aviation sector, by county, within the Central Planning Region. Top Employment Concentrations by County County 201 Jobs Business Establishments National Location Quotient Denver County, CO 1, Arapahoe County, CO Adams County, CO Jefferson County, CO Larimer County, CO Boulder County, CO Douglas County, CO Broomfield County, CO Gilpin County, CO Clear Creek County, CO Source: EMSI QCEW Employees, Non-QCEW Employees & Self-Employed Class of Worker 2
4 Competitive Analysis AVIATION This table shows employment within the Colorado Central Planning Region in the top 20 occupations in the sector. Regional wage ranges and the median wage are shown, with yellowed cells indicating where wage offers may have to fall to attract and retain qualified candidates based on labor supply (applicants per job opening). SOC Code Description Total Number Jobs (in industry) Total Number Jobs (across industries) Annual Openings Available Applicants Applicants Per Job Openings Median 10th Percentile 2th Percentile Average 7th Percentile 90th Percentile Cargo & Freight Agents Customer Service Reps 20 2,907 1, Stock Clerks & Order Fillers 17 22,988 1,091 7 Aircraft Mechanics & ,07 9 Service Technicians First-Line Supervisors of office , & Admin Support Workers Baggage Porters & Bellhops Reservation & Transportation ,41 1, Ticket Agents & Travel Clerks Transportation Workers, ,049 1, All Other Information & Records , Clerks, All Others Aerospace Engineers 119 1, $22.0 $9.4 $14.9 $20. $2.92 $ $17.48 $11.0 $1. $1.7 $20. $ $1.2 $8.90 $9.90 $12.20 $1.4 $ $.17 $19.8 $2.9 $.4 $9.9 $ $28.78 $1.2 $21.44 $27.8 $4. $ $10.1 $8.2 $8.82 $9. $10.2 $ $18.8 $10.90 $1.09 $17.1 $2.89 $ $20.91 $9.8 $12.8 $18.74 $2.21 $ $20. $1.9 $1.1 $19.9 $2.8 $ $4.0 $.8 $4.0 $8.7 $7.49 $9.2 First-Line Supervisors of Mechanics, Installers & 179, Repairers Sales Representatives, , Services, All Other Business Operations Specialists, All other 248 2,7 779 Aircraft Cargo Handling Supervisors Laborers & Freight, Stock & ,024 24,08 1,189 1,107 Material Movers, Hand Airline Pilots, Copilots & ,98, Flight Engineers 0.7 $4.22 $20.48 $2.42 $2.8 $40.10 $ $2.8 $12.22 $18.11 $27.19 $40.19 $ $8.4 $20.21 $2.28 $.9 $47.24 $ $19.2 $12.4 $1.8 $1.9 $22.80 $ $1.8 $9.12 $10.2 $12. $1.88 $19.87 Secretaries & Admin Assistants, Except Legal, 10 42,821 1,0 1, $18.22 $11. $14.7 $17.78 $22.00 $2.10 Medical & Executive 1.02 $89.1 $4. $.87 $79. $99.4 $ Flight Attendants,094, Commercial Pilots General & Operations ,440 1,81 1,1 Managers Source: EMSI QCEW Employees, Non-QCEW Employees & Self-Employed Class of Worker 1.07 $21.41 $1. $19.07 $21. $2.9 $ $4. $18.88 $2.70 $9.19 $48.9 $ $4.77 $24.40 $.8 $4.2 $84. $12.8 4
5 Industry Growth This table shows projected yearly job growth through The National Location Quotient shows the relative concentration of employment in this industry in the Colorado Central Planning Region versus the national average. For example, with a Location Quotient of.7, you would read, employment is.7 times more concentrated in the Colorado Central Planning Region than the national average. 1,000 14,000 12,000 10,000 8,000 12,809 14, , ,000 2, ,92 2, Jobs 2021 Jobs Aircraft Engine & Engine Parts Manufacturing Nonscheduled Chartered Freight Air Transportation Other Aircraft Parts & Auxiliary Equipment Manufacturing Scheduled Passenger Air Transportation Other Aircraft Operations Nonscheduled Chartered Passenger Air Transportation Other Support Activities for Air Transportation National Location Quotient Source: EMSI QCEW Employees, Non-QCEW Employees & Self-Employed Class of Worker
6 Difficult to Hire This chart shows the relationship between the number of job listings versus the number of hires for each of the top occupations in the sector. If there are more listings than hires, it suggests that there are not enough qualified people to fill all the jobs. If there are more hires than listings, it suggests there may be too many qualified people to fill too few jobs. Difficulty to Hire Very Easy Easy Medium Difficult Very Difficult Occupation (SOC) Avg Monthly Postings Transportation Workers, All Other 0 0 N/A Information & Record Clerks, All Other Airline Pilots, Copilots & Flight Engineers Flight Attendants Commercial Pilots Laborers & Freight, Stock & Material Movers, Hand 24 2, Secretaries & Admin Assistants, Except Legal, Medical & Executive 1,0 2, Reservation & Transportation Ticket Agents & Travel Clerks Business Operations Specialists, All Other 7 1, General & Operations Managers Aircraft Mechanics & Service Technicians Cargo & Freight Agents Stock Clerks & Order Fillers Aircraft Cargo Handling Supervisors Customer Service Representatives Sales Representatives, Services, All Other Aerospace Engineers Baggage Porters & Bellhops First-Line Supervisors of Mechanics, Installers & Repairers First-Line Supervisors of Office & Administrative Support Workers Avg Monthly Hires Hires Per Listing 1,021 1, ,49 1, ,07 2, ,70 1, ,
7 Top Jobs Top Jobs Currently Listed in the Central Planning Region, Last 120 Days First-Line Supervisors of Transportation & Material-Moving Machine & Vehicle Operators Prior Year 1 Flight Attendants Prior Year 4 Transportation Managers Prior Year 10 First-Line Supervisor of Mechanics, Installers & Repairers Prior Year 7 First-Line Supervisors of Office & Admin Support Workers Prior Year Commercial Pilots Prior Year 1 Network & Computer Systems Administrators Prior Year 1 Stock Clerks- Stockroom, Warehouse or Storage Yard Prior Year 4 Reservation & Transportation Ticket Agents & Travel Clerks Prior Year 2 Maintenance & Repair Workers, General Prior Year 2 Accountants Prior Year 2 Aircraft Mechanics & Service Technicians Prior Year Customer Service Representatives Prior Year Computer User Support Specialists Prior Year 7 Aviation Inspectors 0101 Prior Year Operations Research Analyst Prior Year Source: Wanted Analytics Financial Analysts Prior Year First-Line Supervisors of Food Preparation & Serving Workers, Prior Year Human Resources Assistants, Except Payroll & Timekeeping Prior Year 1 Production, Planning & Expediting Clerks Prior Year
8 Training Pipeline Here are the top 20 jobs in the industry, by number employed and educational attainment level. Less than high school Laborers & Freight, Stock & Material Movers, Hand SOC Code: Jobs: 24,08 Annual Openings: 1,189 Stock Clerks & Order Fillers SOC Code: Jobs: Annual Openings: 1,091 Regional Completions: Postsecondary non-degree Aircraft Mechanics & Service Technicians SOC Code: Jobs: 1,07 Annual Openings: 9 Regional Completions: 192 Completers/Opening:.28 High School or equivalent Baggage Porters & Bellhops SOC Code: Jobs: 41 Annual Openings: 18 Customer Service Representatives SOC Code: Jobs: 2,907 Annual Openings: 1,4 Reservation & Transportation Ticket Agents & Travel Clerks SOC Code: Jobs: 1,7 Annual Openings: 4 Information & Record Clerks, All Other SOC Code: Jobs:,14 Annual Openings: 21 Cargo & Freight Agents SOC Code: Jobs: 7 Annual Openings: 2 Completers/Opening: 0.01 Flight Attendants SOC Code: Jobs:,104 Annual Openings: 14 Secretaries & Administrative Assistants, Except Legal, Medical & Executive SOC Code: Jobs: 42,821 Annual Openings: 1,0 Regional Completions: 4 Completers/Opening: 0.04 Sales Representative, Services, All Other SOC Code: Jobs: 18,970 Annual Openings: 7 Regional Completions: Completers/Opening: 0.08 Aircraft Cargo Handling Supervisors SOC Code: Jobs: 182 Annual Openings: 9 Regional Completions: 1 Completers/Opening: 0.11 First-Line Supervisors of Mechanics, Installers & Repairers SOC Code: Jobs:,008 Annual Openings: 177 Regional Completions: 2 Completers/Opening: 0.1 Transportation Workers, All Other SOC Code: Jobs: 1,24 Annual Openings: 84 Regional Completions: 18 Completers/Opening: 0.21 First-Line Supervisors of Office & Admin Support Workers SOC Code: Jobs: 1,10 Annual Openings: 78 Regional Completions: 14 Completers/Opening: 0.2 Commercial Pilots SOC Code: Jobs: 29 Annual Openings: 22 Regional Completions: 7 Completers/Opening:.8 Bachelor s Degree Business Operations Specialists, All Other SOC Code: Jobs: 2,7 Annual Openings: 779 Completers/Opening: 0.0 Airline Pilots, Copilots & Flight Engineers SOC Code: Jobs:,07 Annual Openings: 18 Regional Completions: 7 Completers/Opening: 0. Aerospace Engineers SOC Code: Jobs: 1,98 Annual Openings: 8 Regional Completions: 180 Completers/Opening: 2.10 General & Operations Managers SOC Code: Jobs: 0,440 Annual Openings: 1,81 Regional Completions:,084 Completers/Opening: 4.40 Source: IPEDS Data Compiled by EMSI
9 Top Five Below are the top five core skills, workplace skills, certifications and companies in the aerospace industry. Core Skills 1 Work Independently 2 Creativity Dusting 4 Management Experience Public Speaking Workplace Skills 1 Security Administration Microsoft Forefront Identity 2 Manager (FIM) Certifications 1 Driver s License 2 FAR Part 2 (FAR) Airline Transport Pilot (ATP) 4 HAZMAT Airman Certificate Companies 1 Frontier Airlines 2 United Airlines Federal Aviation Administration 4 Great Lakes Airlines DigitalGlobe Source: Wanted Analytics
10 Age Bands & Age Bands It is helpful to know the age bands in a sector, because if there is a substantial percentage of people above years old, it means there will be opportunity as retirements happen. Based on Age Distribution, Arapahoe/Douglas Works! has developed a way to measure the age gap in an industry by comparing the number of workers over age 4 to the number under age 4. Age gap is shown both as a percentage and a count. +.7% % % % % % % Source: EMSI QCEW, Non-QCEW & Self-Employed Listing This graph shows the week over week volume of listings in the Central Planning Region Source: Wanted Analytics 10
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