Beaver County Profile March 2023 - Center for Workforce Information ...

Beaver County Profile

October 2023

Unemployment Rate, Jan 2013 to Sep 2023

10

PA Max: 16.2% PA Min: 3.4%

9

8

7

6

5

4

2021 Population

Demographic

County

Total Population Female Male

168,260 86,018 82,242

Population by Race

White Black Other Hispanic Origin (all races)

89.0% 6.0% 4.9% 1.8%

3

2

County Max: 18.5% County Min: 3.6%

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

PA

Beaver Recession

PA

12,970,650

Local Area Unemployment Statistics

6,576,433 6,394,217

Sep 2023

Unemployment Rate

County

4.2%

Labor Force

81,300

78.3% Employed

77,900

11.0% Unemployed

3,400

10.7% Notes: Current month's data are preliminary. Data are Seasonally Adjusted. 7.9%

PA

3.4% 6,497,000 6,275,000

222,000

Ages 0 to 17 Ages 18 to 24 Ages 25 to 34 Ages 35 to 44 Ages 45 to 54 Ages 55 to 64 Ages 65 to 74 Ages 75 and Older Median Age

Population by Age

19.5% 7.2%

11.7% 11.7% 12.5% 16.0% 12.3%

9.0% 44.9

Source: U.S. Census 5 Year Estimate 2017-2021 (Tables: DP05 and B01001)

Online Job Postings

August 2023 August 2022 Annual Percent Change Annual Volume Change

County

2,331 2,377 -1.9%

-46

Source: The Conference Board - LightCast - Help Wanted OnLine TM

Unemployment Compensation Exhaustees

20.9% 8.9%

Oct 2022 to Sep 2023

Volume

Percent of Total

13.1%

Pre-UC Industry

12.0% 12.7% Natural Resources & Mining

14.2% Construction

10.6% Manufacturing

7.6% Trade, Transportation & Utilities

40.8 Information

Financial Activities

County

0 270

30 130

20 80

PA County

310 6,270 3,970 7,020

730 2,420

0.0% 32.0%

3.5% 15.5%

2.5% 9.5%

PA

1.0% 16.0% 10.0% 18.0%

2.0% 6.0%

Professional & Business Services

190

7,810 22.5% 20.0%

PA

Education & Health Services Leisure & Hospitality

202,254 Other Services

255,565 Government

-20.9% Info Not Available

-53,311 Total

80

6,100

30

2,540

10

870

10

890

0

70

850 39,000

9.5% 3.5% 1.0% 1.0% 0.0% 100%

15.5% 6.5% 2.0% 2.5% 0.0% 100%

Note: Percentages less than 0.5% will be displayed as 0.0%. Source: Pennsylvania Unemployment Compensation System

2021 Veterans

Total Veterans Veteran Median Income Non-Veteran Median Income Veteran Unemployment Rate Non-Veteran Unemployment Rate

County

11,482 $40,026 $33,235

8.3% 5.4%

Source: U.S. Census 5 Year Estimate 2017-2021 (Table: S2101)

PA

703,580 $42,205 $34,377

4.6% 5.5%

2021 Resident Income

Per Capita Income Total Personal Income (in thousands) Total Earnings (in thousands) Total Dividends/Interest/Rent (in thousands) Total Transfer Payments (in thousands)

Source: Bureau of Economic Analysis

County

$56,452 $9,406,300 $5,261,084 $1,146,857 $2,998,359

PA

$64,279 $833,314,466 $490,499,452 $134,916,974 $207,898,040

Top 10 Employers by Employment in Q1 of 2023

Valley Medical Facilities Inc Wal-Mart Associates Inc Beaver County

Energy Harbor Nuclear Corp Tenaris Bay City Inc Giant Eagle Inc Chippewa Inc Veka Inc

Heritage Valley Medical Group Inc Eaton Corporation

Source: Quarterly Census of Employment and Wages

Center for Workforce Information & Analysis

Beaver County Profile

October 2023

Quarterly Census of Employment and Wages, 2022 Annual Averages

Estab.

Employment

Employment %

NAICS

NAICS Description

County LQ County

PA

County PA

Total, All Industries

3,694 1.00

49,281

5,863,297 100.0% 100.0%

11 Agriculture, Forestry, Fishing and Hunting

10 0.18

40

27,150

0.1%

0.5%

21 Mining, Quarrying, and Oil & Gas

9 0.31

57

21,631

0.1%

0.4%

22 Utilities

32 4.37

1,230

33,477

2.5%

0.6%

23 Construction

374 1.81

4,060

267,291

8.2%

4.6%

31-33 Manufacturing

177 1.34

6,350

564,391

12.9%

9.6%

42 Wholesale Trade

113 0.65

1,158

213,153

2.3%

3.6%

44-45 Retail Trade

441 1.29

6,550

603,195

13.3% 10.3%

48-49 Transportation and Warehousing

163 1.00

2,909

344,384

5.9%

5.9%

51 Information

27 0.35

286

96,291

0.6%

1.6%

52 Finance and Insurance

171 0.37

840

269,171

1.7%

4.6%

53 Real Estate and Rental and Leasing

84 0.58

327

67,208

0.7%

1.1%

54 Professional and Technical Services

257 0.50

1,645

395,104

3.3%

6.7%

55 Management of Companies and Enterprises

35 0.30

362

145,205

0.7%

2.5%

56 Administrative and Waste Services

193 0.71

1,860

311,279

3.8%

5.3%

61 Educational Services

108 1.14

4,553

474,147

9.2%

8.1%

62 Health Care and Social Assistance

727 0.96

8,584

1,063,096

17.4% 18.1%

71 Arts, Entertainment, and Recreation

50 0.82

666

96,469

1.4%

1.6%

72 Accommodation and Food Services

312 1.19

4,452

443,283

9.0%

7.6%

81 Other Services (Except Public Administration)

334 0.91

1,519

197,858

3.1%

3.4%

92 Public Administration

77 0.95

1,833

229,515

3.7%

3.9%

Total, Suppressed Local Industries

0

0

0.0%

Company Ownership

Total, All Ownership

3,694 1.00

49,281

5,863,297 100.0% 100.0%

Private Ownership

3,488 0.97

42,553

5,210,523

86.3% 88.9%

Federal Ownership

24 0.36

303

99,050

0.6%

1.7%

State Ownership

22 0.51

540

124,829

1.1%

2.1%

Local Ownership

160 1.63

5,885

428,895

11.9%

7.3%

Wages

County

PA

$57,837

$67,279

$30,093

$42,543

$72,258 $102,977

$124,811 $106,982

$95,825

$75,093

$84,406

$72,172

$79,913

$95,505

$32,609

$36,323

$59,508

$56,878

$51,323 $114,641

$70,445 $114,792

$46,298

$73,430

$75,486 $113,475

$106,854 $145,955

$44,229

$49,964

$55,822

$65,366

$54,079

$62,217

$22,878

$41,986

$18,142

$23,614

$27,115

$42,746

$53,170

$70,964

$57,837 $58,091 $66,376 $56,666 $55,662

$67,279 $67,336 $85,530 $71,477 $61,144

Notes: 'Estab.'-Establishments. 'LQ'-(Location Quotient) is the percent of county employment by sector divided by the percent of PA's employment by sector.

Occupational Wages, 2022 Annual Averages

Entry-Level Wage

SOC Code

Major Occupational Group

County

PA

00-0000 11-0000 13-0000 15-0000 17-0000 19-0000 21-0000 23-0000 25-0000 27-0000 29-0000 31-0000 33-0000 35-0000 37-0000 39-0000 41-0000 43-0000 45-0000 47-0000 49-0000 51-0000 53-0000

Total, All Occupations Management Business & Financial Operations Computer & Mathematical Architecture & Engineering Life, Physical, & Social Science Community & Social Service Legal Educational Instruction & Library Arts, Design, Entertainment, Sports, & Media Healthcare Practitioners & Technical Healthcare Support Protective Service Food Preparation & Serving Related Building & Grounds Cleaning & Maintenance Personal Care & Service Sales & Related Office & Administrative Support Farming, Fishing, & Forestry Construction & Extraction Installation, Maintenance, & Repair Production Transportation & Material Moving

$26,920 $56,410 $43,010 $45,710 $57,700 $49,540 $32,770 $40,830 $35,970 $26,590 $40,960 $24,650 $27,870 $19,500 $24,170 $20,290 $22,040 $28,420 $23,190 $42,320 $34,860 $33,240 $27,320

$27,980 $61,570 $46,220 $52,800 $53,320 $44,240 $33,860 $48,780 $32,650 $30,610 $45,120 $25,040 $27,470 $20,130 $25,020 $20,700 $23,000 $29,710 $25,180 $38,120 $35,130 $31,100 $28,010

Note: 'ND' represents Non-Disclosable information.

Average Wage

County

PA

$53,530 $110,220

$77,130

$58,470 $126,450

$80,280

$80,500

$94,730

$91,770

$89,330

$79,220 $50,060 $77,240 $63,330 $50,620

$75,920 $51,980 $109,460 $66,040 $59,420

$79,920

$89,820

$32,300

$33,120

$53,060 $28,100 $33,990 $31,780 $40,070

$52,870 $29,460 $34,860 $33,020 $47,010

$43,130

$44,850

$39,270

$39,290

$68,050 $56,260 $51,470 $41,400

$59,770 $55,080 $45,620 $42,490

Website: workstats.dli. Email: workforceinfo@ Phone: 877-4WF-DATA

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