2021 ECONOMIC REPORT SOUTHEAST REGION The Southeast Region is comprised of 13 counties in the southeast Workforce Demographics portion of Missouri. The region is home to several cities including Cape Girardeau, Sikeston, Caruthersville, and Park Hills. SE Region Missouri Nationwide The Southeast Region workforce has more than 155,400 employees, Average Monthly Employment in 2020 155,477 2,867,162 147,795,000 making up 5 percent of Missouri’s employment. In 2020, 53 percent Average Unemployment Rate in 2020 6.0% 6.1% 8.1% of the workforce was female and 47 percent was male, compared Female 53% 51% 50% to Missouri’s overall 51 percent female and 49 percent male. The Male 47% 49% 50% regional average unemployment rate in 2020 was 6 percent. Non-White 10% 17% 24% Hispanic or Latino 2% 4% 16% The workforce is getting older in the Southeast Region, a trend Ages 55 and Older 25% 24% 24% happening throughout Missouri and the U.S. In 2020, 25 percent With Disabilities (Ages 18-64) 18% 12% 10% of the workforce was age 55 or older, up from 20 percent a decade Below Poverty Levels (Ages 18-64) 18% 13% 13% earlier. Language other than English (Ages 18-64) 3% 7% 23% Education of Associate Degree or Higher 25% 37% 41% For the region, 10 percent of the workforce was non-white, compared to 17 percent for the state; 2 percent of the region’s SOURCES: CENSUS ACS 2019-5YR EST.; LEHD 2ND QUARTER; BLS LAUS 2020 workforce was Hispanic or Latino, compared to 4 percent for Missouri. Educational attainment rates for the Southeast Region are lower than those of the state in regards to bachelor’s or advanced degrees. In the Southeast Region, 3 percent of the region’s population Twenty-five percent of the region’s population, age 25 and older, has (ages 18 to 64) speaks a language other than English at home. an associate, bachelor’s, or advanced degree compared to 37 percent By comparison, Missouri was at 7 percent and the U.S. was at 23 for the state. percent. The Southeast Region has a higher percentage of the population with a disability compared to the state and the nation. For the Educational Attainment Southeast Region, 18 percent of the population has a disability • compared to 12 percent in Missouri and 10 percent in the U.S. Graduate or 11.2% 2.0% Professional Region Degree 6.9% • 1.0% Bachelor's 18.0% Missouri 155,400 Degree 11.0% 0% Associate 7.9% Degree 6.8% -1.0% EMPLOYEES Some College, 22.2% No Degree 20.9% -2.0% 5 % High School 30.6% & Equivalent 38.7% -3.0% Region Missouri Less than 10.1% -4.0% High School 15.8% OF MISSOURI’S 0% 5% 10% 15% 20% 25% 30% 35% 40% -5.0% EMPLOYMENT SOURCE: US CENSUS BUREAU, ACS 2019 5-YEAR ESTIMATES 2 010-2 0112 011-2 012 2 012-2 013 2 013-2 0142 014-2 015 2 015-2 016 2 016-2 0172 017-2 018 2 018-2 0192 019-2 0 2 0 MISSOURI ECONOMIC REPORT 2021  1 Graduate or 11% Professional Degree 6% Bachelor's 18% Degree 11% Associate 8% Degree 7% Some College, 22% No Degree 21% High School 31% & Equivalent 39% Less than 10% High School 16% 0% 5% 10%% 15% 20% 25% 30% 35% 40% SOUTHEAST REGION INDUSTRY ANALYSIS LOCATION QUOTIENT The Southeast Region averaged over 134,700 jobs in 2020. The To understand the major industries within a region, an region lost over 4,900 jobs from 2019 to 2020, resulting in a -3.5 analysis of industry concentration or clustering can be useful. percent employment growth. Missouri employment decreased The Location Quotient (LQ) describes the concentration of by 4.9 percent in that time. From 2016 to 2020, the Southeast an industry in a geographic region, in relation to the nation, Region averaged a decrease of 0.8 percent annual growth for an with 1.0 being the national average. Industries higher than 1.0 overall decrease of 3.2 percent; during that same period Missouri’s indicate a concentration. employment lost 2.9 percent. The Southeast Region has higher concentrations in Mining, Southeast Employment Annual Growth Rate Gas Stations, Crop Production, Wood Product Manufacturing, Truck Transportation, and Nonmetallic Mineral Product GPrroafdeusastioen oarl 11.2% Region 2.0% Manufacturing. Degree 6.9% 1.0% Bachelor's 18.0% Missouri Degree 11.0% 0% Associate 7.9% HIGHEST 2020 Degree 6.8% -1.0% Some College, 22.2% No Degree 20.9% -2.0% LQ 7.6 H& iEgqh uSivcahloeonlt 30.6% 38.7% -3.0% • • Region Missouri Less than 10.1% -4.0% High School 15.8% MINING 0% 5% 10% 15% 20% 25% 30% 35% 40% -5.0% 2010-20112011-2012 2012-2013 2013-20142014-2015 2015-2016 2016-20172017-2018 2018-20192019-202 0 SOURCE: MERIC, QCEW (EXCEPT OIL AND GAS) Health Care and Social Assistance continues to be the largest employing industry in the region, even though it lost employment Graduate or 11% in 2020 when compared to 2016. Manufacturing is the second Professional Degree 6% largest industry, followed by Retail Trade and Accommodation and Food Services. Bachelor's 18% 2020 Southeast Region Location Quotients Degree 11% Most of the industry sectors in the Southeast Region lost Associate 8% employment between 2016 and 2020, except Finance and Insurance; Location Degree 7% Professional, Scientific, and Technical Services; and Real Estate and Industry Employment Quotient Some College, 22% Rental and Leasing. Mining (except Oil and Gas) 820 7.6 No Degree 21% Southeast Region Top Employing Industries Gasoline Stations 2,481 4.4 High School 31% Crop Production 1,432 4.3 & Equivalent 39% Emplo yment Ne t 2200E116m6--2p20l0.2200 A2n0n21u09a1l9 Wood Product Manufacturing 866 3.6 Employment Net Empl. Annual Less than 10% IInndduussttrryy 20201616 22002200 CChhaannggee CCAAGGRR WWaaggeess Truck Transportation 2,928 3.2 High School 16% Health Care & Social Assistance 30,752 30,577 -175 -0.1% $37,320 Nonmetallic Mineral Product Manufacturing 743 3.0 0% 5% 10%% 15% 20% 25% 30% 35% 40% Manufacturing 18,244 18,171 -73 -0.1% $50,508 Social Assistance 6,829 2.7 Retail Trade 16,595 15,300 -1,295 -2.0% $28,824 Nursing & Residential Care Facilities 5,498 2.6 Accommodation & Food Services 10,292 9,798 -494 -1.2% $17,148 Support Activities for Agriculture & Forestry 562 2.4 Public Administration 6,548 6,259 -289 -1.1% $32,412 Health & Personal Care Stores 1,342 2.2 Construction 6,288 6,238 -50 -0.2% $49,176 General Merchandise Stores 3,671 2.0 Wholesale Trade 5,986 5,685 -301 -1.3% $57,876 Motor Vehicle & Parts Dealers 2,334 2.0 Transportation & Warehousing 5,381 4,990 -391 -1.9% $45,420 Bldg. Material & Garden Equip. Dealers 1,646 2.0 Finance and Insurance 3,743 4,099 356 2.3% $53,256 Telecommunications 761 1.8 Professional, Scientific, & Tech. Servs. 2,776 3,354 578 4.8% $56,496 Postal Service 637 1.7 Other Services (except Public Admin.) 3,115 2,997 -118 -1.0% $30,780 SOURCE: BUREAU OF LABOR STATISTICS, QCEW Real Estate and Rental & Leasing 1,282 1,292 10 0.2% n/a SOURCE: LEHD-QWI, 2016-2020 2ND QUARTER 2  MISSOURI ECONOMIC REPORT 2021 SOUTHEAST REGION Projected growth by industry helps to Southeast Region Largest Growth Industries 2018-2028 identify future employment needs for an area. Projections indicate that the largest Employment Change 2018 2028 2018-2028 growth industries in the Southeast Region Industry Estimated Projected Numeric Percent will be Social Assistance, Ambulatory Social Assistance 9,513 11,720 2,207 23.2% Health Care Services, Food Services and Drinking Places, Hospitals, and Merchant Ambulatory Health Care Services 6,989 8,672 1,683 24.1% Wholesalers (Durable Goods). Food Services & Drinking Places 10,434 11,335 901 8.6% Hospitals 8,504 9,041 537 6.3% Merchant Wholesalers, Durable Goods 3,006 3,379 373 12.4% Professional, Scientific, & Technical Services 3,028 3,287 259 8.6% Truck Transportation 2,798 3,040 242 8.6% Primary Metal Manufacturing 952 1,179 227 23.8% Insurance Carriers & Related Activities 1,618 1,819 201 12.4% Construction of Buildings 1,585 1,754 169 10.7% SOURCES: MERIC INDUSTRY PROJECTIONS PROJECTED GROWTH BY INDUSTRY HELPS TO IDENTIFY FUTURE EMPLOYMENT NEEDS FOR AN AREA. OCCUPATIONAL PROJECTIONS MERIC produces occupational projections that estimate Southeast Region Fastest Growing Occupations labor demand over a 10-year period. MERIC categorizes these occupations using its Now-Next-Later method to help job seekers understand the training, education, and experience requirements Personal Care Aides* for various occupations. Physical Therapist Aides NOW Home Health Aides * Now jobs typically require short-term on-the-job training, little Taxi Drivers & Chauffeurs to no experience, and/or a high school diploma. Now occupations Food Preparation & Serving Workers* include Personal Care Aides, Combined Food Preparation and Serving Workers, and Cashiers which lead the way in total openings. Personal Care Aides, Physical Therapist Aides, and Home Health Physical Therapist Assistants Aides are projected to be the fastest growing Now occupations over Respiratory Therapists the next decade. NEXT Veterinary Technologists & Technicians Next jobs typically require a non-degree certificate, associate Insurance Sales Agents degree, apprenticeship, some experience, or moderate- to long- Medical Assistants term training. Heavy and Tractor-Trailer Truck Drivers, Secretaries and Administrative Assistants, and Nursing Assistants will have the most openings for the Next category of occupations. Physical Physician Assistants Therapist Assistants, Respiratory Therapists, and Veterinary Speech-Language Pathologists LATER Technologists and Technicians are the fastest growing Next Nurse Practitioners occupations. Software Developers, Applications Occupational Therapists* Later jobs typically require a bachelor’s degree or higher. For Later occupations Registered Nurses, General and Operations Managers, and Accountants and Auditors will have the most NOTE: OCCUPATIONS WITH NET INCREASE OF LESS THAN 50 ARE OMITTED openings. Physician Assistants, Speech-Language Pathologists, and SOURCE: MERIC OCCUPATIONAL PROJECTIONS, 2018-2028 *   DENOTES OCCUPATIONS TOP TEN ONLINE JOB ADS FOR 2020-2021 IN THE REGION Nurse Practitioners are the fastest growing Later occupations. AND WITHIN THE NOW-NEXT-LATER CLASSIFICATIONS MISSOURI ECONOMIC REPORT 2021  3 SOUTHEAST REGION Southeast Region Long-Term Occupational Projections by Top Openings 2018 Estimated 2028 Projected Growth Total Median Occupation Employment Employment Openings Exits Transfers Openings Wages   NOW Personal Care Aides 7,239 9,649 2,410 624 553 1,418 $21,311 * Combined Food Preparation and Serving Workers 4,926 5,546 620 418 515 995 $18,827 * Cashiers 4,580 4,445 -135 403 448 837 $19,195 * Retail Salespersons 4,435 4,243 -192 249 384 614 $21,937 * Farmworkers and Laborers 2,571 2,546 -25 102 316 416 $34,386   NEXT Heavy and Tractor-Trailer Truck Drivers 3,739 3,963 224 158 279 459 $40,188 * Secretaries and Administrative Assistants 4,306 3,859 -447 209 248 412 $28,829 * Nursing Assistants 2,691 2,840 149 149 161 325 $22,432 * Cooks, Restaurant 1,264 1,481 217 73 121 216 $21,218 Supervisors of Food Prep and Serving Workers 1,149 1,226 77 52 130 190 $25,852   LATER Registered Nurses 3,568 3,958 390 104 96 239 $56,132 * General and Operations Managers 2,207 2,272 65 47 148 201 $65,177 * Accountants and Auditors 1,074 1,150 76 31 72 111 $48,307 * Secondary School Teachers 1,643 1,586 -57 45 68 107 $42,712 Elementary School Teachers 1,319 1,269 -50 40 55 90 $44,247 SOURCE: MERIC OCCUPATIONAL PROJECTIONS 2018-2028    *   DENOTES OCCUPATIONS IN THE TOP TEN FOR 2020-2021 ON-LINE JOB ADS IN THE REGION & WITHIN THE NOW-NEXT-LATER CLASSIFICATION DEPARTMENT OF HIGHER EDUCATION & WORKFORCE DEVELOPMENT For more information, visit meric.mo.gov or dhewd.mo.gov This report was prepared by the staff of the Missouri Economic Research and Information Center (MERIC) as part of the Missouri Workforce Report. All data in this report was current at the time of publication and is subject to revision. Additional details on data sources can be found in the full report. This workforce solution was funded by a grant awarded by the U.S. Department of Labor’s Employment and Training Administration. The solution was created by the grantee and does not necessarily reflect the official position of the U.S. Department of Labor. The Department of Labor makes no guarantees, warranties, or assurances of any kind, express or implied, with respect to such information, including any information on linked sites and including, but not limited to, accuracy of the information or its completeness, timeliness, usefulness, adequacy, continued availability, or ownership. 4  MISSOURI ECONOMIC REPORT 2021