Tunica

Transcript

1. Tunica Mega Site Labor Market Area Workforce Overview
2. Labor Market Area The primary labor market area for the Tunica Mega Site comes from at least a 50 mile radius around the site. The 1.45 million people in the labor market area can reach the site in a few minutes via excellent highway access. Claritas
3. Commute Patterns U.S. Census Bureau
4. Population Growth 2011 The Tunica Mega Site is located in the fastest growing portion of the Greater Memphis Region. Claritas
5. Primary Metal Manufacturing Wages The Memphis MSA, which includes Tunica County, offers metal product manufacturers a workforce wage and salary demands lower than other MSA’s with a metal manufacturing base. $- $20,000 $40,000 $60,000 $80,000 $100,000 Memphis MSA Spartanburg, SC MSA Charlotte, NC MSA Pittsburgh MSA Birmingham MSA Baton Rouge MSA Chicago MSA Mobile, AL MSA U.S. Department of Labor, Bureau of Labor Statistic, Quarterly Census of Employment and Wages, NAICS 331
6. Transportation, Distribution & Logistics Wages $30,000 $35,000 $40,000 $45,000 $50,000 $55,000 Greenville, SC MSA Nashville MSA Chicago MSA Baton Rouge MSA St. Louis MSA Atlanta MSA Memphis MSA U.S. Department of Labor, Bureau of Labor Statistic, Quarterly Census of Employment and Wages, NAICS 488 Distribution and logistics companies have a distinct advantage in the Memphis MSA, with some of the most competitive industry wages in the country.
7. Tunica Workforce Advantages 20 Miles Tunica Mega Site 50 Miles Tunica Mega Site U.S. Population 186,878 1,425,263 310,650,750 2000-2011 Growth Rate 27.84% 6.45% 10.39% Median Age 34.44 34.76 36.95 Age 21-34 18.74% 18.96% 18.81% 12-15 Years Education 47.85% 36.44% 57.18% Median Household Income $46,334 $43,101 $49,726 Median Home Value $113,128 $119,401 $172,751 Claritas
8. Tunica Primary Labor Market Area * Available Labor Employed 1,076,767 Not Employed 518,994 Want Employment 483,440 Part-time Employed Want Full-time 95,108 Underemployed 177,604 Labor Reserve 756,604 Counties Included: Marshall, Phillips, Desoto, Tunica, Coahoma, Cross, Shelby, Crittenden, St. Francis, Panola, Lee, Quitman, Tate Younger Associates Labor Supply Survey *
9. Tunica Area Workers with Manufacturing & Logistics Skill Sets Currently Employed Not Employed Computer Support/Tech 3,365 1,302 Installation & Repair 10,272 3,124 Manufacturing 58,267 46,080 Special Trades 6,553 4,946 Transportation and Material Moving 31,879 9,633 Warehousing 16,825 13,798 Younger Associates Labor Supply Survey
10. Colleges, Universities & Technical Schools There are nine 4-year colleges and universities and ten 2-year program and technical schools within the 50 mile labor market area. These schools have a total enrollment of 65,689 with many of the students enrolled in programs directly related to the fields of manufacturing and logistics. US Department of Education, National Center for Education Statistics (IPEDS)
11. Employers give the workforce in the labor market area high ratings for willingness to work overtime and for overall employee/employer relations. The average turnover rate is below 5%. • Mississippi is a right-to-work state. • The average number of shifts operated by manufactures in the labor market area is 2. • The average one-way commute time is 24.6 minutes for the labor market area.* Employment Characteristics Younger Associates Labor Supply Survey Claritas *