Job Projections

SUMMARY OF

 VERMILION ADVANTAGE

 WORKFORCE CLUSTER

 JANUARY 2011-2013

 JOB PROJECTION SURVEY

Link to News Release: Economic Outlook & Job Projections Show Strong Economic Opportunity

 

VERMILION COUNTY ECONOMIC OUTLOOK

1st QUARTER 2011 ACTUAL/ 2nd Q 2011 and 3rd Q 2011 PROJECTIONS

 

With 35 of the core employers reporting, following are the results to date.

 

            1st   Quarter 2011 Actual

                        Declining sales/business volumes            3 or 8.5%%

                                    3 – Mfg

                        Steady sales/ business volumes              15 or 43%

                                    9 – Mfg

                                                2 – Health

                                                2 – Dist

                                                2 – Lg office

                        Steady growth/business volumes            14 or 40%

                                    8 – Mfg

                                                2 – Distrib

                                                3 – Health

                                                1 – Lg office

                        Rapid Growth/business volumes             3 or 8.5%       

                                    1 – Mfg    

                                    1 – Distrib             

                                    1 – Health

            91.5% showing actual steady to rapid growth

 

            2nd Quarter 2011 Projections

                        Declining sales/business volumes              2 or 6%

                                     2 – Mfg                  

                        Steady sales/ business volumes                22 or 63% 

                                    13 – mfg

                                                 4 – health

                                                 2 – Distrib

                                                 3 – Office

                        Steady growth/  business volumes            10 or 28%

                                     5 – Mfg

                                                 2 – Health

                                                 3 – Distrib                                             

                        Rapid growth/business volumes                 1 or 3%

                                    1 – Mfg  

            94% projecting steady to rapid growth

           

3rd Quarter 2011 Projections

                        Declining sales/business volumes               2 or 6%                

                                                2 – Mfg

                        Steady sales/ business volumes                 18 or 51%

                                    10 – Mfg

                                                1 – Distrib

                                                4 – Health

                                                3 – Office                         

                        Steady growth/business volumes               13 or 37%

                                    8 – Mfg

                                                3 – Distrib                                              

                                                2 – Health                                                 

                                Rapid growth/business volumes                  2 or 6%

                                    1 – Mfg

                                                1 – Distrib

94% projecting steady to steady growth

 

  

 

ECONOMIC PROJECTIONS

1st QTR 2011 ACTUAL, 2nd 2011 AND 3rd 2011 PROJECTIONS

 

Those who have employees on layoff at this time – 5 of 35 or 14%; 86% or 30 DO NOT have anyone on layoff

 

Those projecting layoffs in the 2nd or 3rd quarters –3 yes or 9%; 32 or 91% are NOT projecting layoffs

 

Those who are and/or ARE projecting hiring in the 2nd  thru 3rd quarters 2011 represent  74 % or 26 of the 35 respondents

 

Responding employers are comprised of the following types of businesses:

21            Manufacturing        55%

5              Distribution            18.5%

3              Large Office           10.5%

6              Health Care            16%

Surveyed employers in aggregate employ 9,000+ at this time (represents approx. 25% of current, total labor force)

1.      

Alcoa

2.      

Alstom

3.      

Automation International

4.      

AutoZone

5.      

Ball Corp

6.      

Blue Cross/Blue Shield

7.      

Bunge

8.      

Carle

9.      

CCMSI

10.    

Christie Clinic

11.    

Danville Metal Stamping

12.    

Danville Polyclinic

13.    

Dawson Logistics

14.    

DynaChem

15.    

Fiberteq

16.    

FNG Plastics

17.    

Freight Car Services

18.    

Full-Fill Industries, LLC

19.    

Genpact

20.    

Hoopeston Regional Health Center

21.    

KIK

22.    

McLane Midwest

23.    

Mervis

24.    

NACCO

25.    

Provena USMC

26.    

Quaker

27.    

Silgan

28.    

The Sygma Network

29.    

TK Crankshaft

30.    

TK Presta

31.    

Tridan International

32.    

Trigard/Greenwood Plastics

33.    

Veteran Admin. Illiana HC System

34.    

Viscofan USA, Inc.

35.    

Watchfire/Time-O-Matic

 

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For more information about our Job Projections, contact Vicki Haugen.