2021 ECONOMIC REPORT ST. LOUIS REGION The St. Louis Region is comprised of five counties and is located in Workforce Demographics the east central part of Missouri. The region is home to several cities including Arnold, Washington, St. Charles, St. Peters, Florissant, St. Louis MO Missouri Nationwide O’Fallon, Chesterfield, and the City of St. Louis. Average Monthly Employment in 2020 1,003,072 2,867,162 147,795,000 The St. Louis Region workforce has more than 1,003,000 employees, Average Unemployment Rate in 2020 6.3% 6.1% 8.1% making up 35 percent of Missouri’s employment. In 2020, 51 Female 51% 51% 50% percent of the workforce was female and 49 percent was male, which Male 49% 49% 50% matches the Missouri average. The regional average unemployment Non-White 24% 17% 24% rate for 2020 was 6.3 percent. Hispanic or Latino 3% 4% 16% Ages 55 and Older 24% 24% 24% The workforce is getting older in the St. Louis Region, a trend With Disabilities (Ages 18-64) 10% 12% 10% happening throughout Missouri and the U.S. In 2020, 24 percent Below Poverty Levels (Ages 18-64) 10% 13% 13% of the workforce was age 55 or older, up from 19 percent a decade Language other than English (Ages 18-64) 8% 7% 23% earlier. Education of Associate Degree or Higher 46% 37% 41% For the region, 24 percent of the workforce was non-white, SOURCES: CENSUS ACS 2019-5YR EST.; LEHD 2ND QUARTER; BLS LAUS 2020 compared to 17 percent for the state; 3 percent of the region’s workforce was Hispanic or Latino, compared to 4 percent for Missouri. Educational attainment rates for the St. Louis Region are greater than those of the state in regards to bachelor’s or advanced degrees. In the St. Louis Region, 8 percent of the region’s population Forty-six 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 St. Louis Region has a lower percentage of the population Educational Attainment with a disability compared to the state, but evenly matched to the 3.0% nation. For the St. Louis Region, 10 percent of the population has a 2.0% disability compared to 13 percent in Missouri and 10 percent in the Graduate or 11.2% Professional Region U.S. Degree 15.7% 1.0% Bachelor's 18.0% Missouri 0% 1,003,000 Degree 22.2% -1.0% Associate 7.9% -2.0% Degree 8.5% -3.0% EMPLOYEES Some College, 22.2% -4.0% No Degree 21.8% -5.0% 35% High School 30.6% & Equivalent 24.0% -6.0% Region Missouri -7.0% Less than 10.1% High School 7.9% -8.0% EOMF MPLISOSYOMUERNI’ST 0% 5% 10% 15% 20% 25% 30% 35% 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 SOURCE: US CENSUS BUREAU, ACS 2019 5-YEAR ESTIMATES MISSOURI ECONOMIC REPORT 2021  1 Graduate or 11% Professional Degree 15% Bachelor's 18% Degree 22% Associate 8% Degree 8% Some College, 22% No Degree 22% High School 31% & Equivalent 24% Less than 10% High School 8% 0% 5% 10% 15% 20% 25% 30% 35% ST. LOUIS REGION INDUSTRY ANALYSIS LOCATION QUOTIENT The St. Louis Region averaged over 1,012,800 jobs in 2020. The To understand the major industries within a region, an region lost over 66,700 jobs from 2019 to 2020, at a 6.2 percent analysis of industry concentration or clustering can be useful. decline. Missouri employment decreased by 4.9 percent in that The Location Quotient (LQ) describes the concentration of time. From 2016 to 2020, the St. Louis Region averaged -1.0 percent an industry in a geographic region, in relation to the nation, annual growth for an overall decrease of 4 percent; during that with 1.0 being the national average. Industries higher than 1.0 same period Missouri’s employment declined by 2.9 percent. indicate a concentration. St. Louis Employment Annual Growth Rate The St. Louis Region has higher concentrations in Data Processing, Hosting, and Related Services; Management 3.0% of Companies; Chemical Manufacturing; and Museums, 2.0% GPrroafdeusastioen oarl 11.2% Region Historical Sites, and Similar Institutions. Degree 15.7% 1.0% Bachelor's 18.0% Missouri 0% Degree 22.2% -1.0% HIGHEST 2020 Associate 7.9% -2.0% 10110101 Degree 8.5% -3.0% 00101011 LQ 2.9 Some College, 22.2% -4.0% No Degree 21.8% -5.0% High School 30.6% & Equivalent 24.0% -6.0% Region Missouri -7.0% Less than 10.1% High School 7.9% -8.0% DATA PROCESSING, 0% 5% 10% 15% 20% 25% 30% 35% 2010-20112011-2012 2012-2013 2013-20142014-2015 2015-2016 2016-20172017-2018 2018-20192019-2020 HOSTING, AND SOURCE: MERIC, QCEW Health Care and Social Assistance is the largest employing industry in the St. Louis region, with an employment of over 180,000. Retail RELATED SERVICES Trade is the second largest industry despite declining jobs at 2.7 percent a year since 2016. Accommodation and Food Services lost over 14,200 jobs in 2020 when compared to 2016. Most of this job Graduate or 11% loss was due to COVID-19 as this industry was negatively affected Professional Degree 15% by the pandemic. 2020 St. Louis Region Location Quotients Bachelor's 18% Degree 22% Manufacturing grew at an annualized rate of 0.4 percent. The Location industry sector with the largest increase in employment was Industry Employment Quotient Associate 8% Finance and Insurance, with an increase of over 6,800 jobs from Degree 8% Data Processing, Hosting, & Related Services 7,501 2.9 2016 to 2020. Some College, 22% St. Louis Region Top Employing Industries Management of Companies & Enterprises 37,924 2.3 No Degree 22% Chemical Manufacturing 11,523 2.0 22001166--22002200 20210919 Museums, Historical Sites, & Similar Instit. 2,734 1.9 High School 31% Employment Net Empl. Annual & Equivalent 24% I ndustry 20E1m6ploym20e2nt0 ChNaentg e CEAmGpRl. WAnagnueasl Beverage & Tobacco Product Manufacturing 3,142 1.6 Industry 2016 2020 Change CAGR Wages Securities & Financial Invest. Activities 10,603 1.6 Less than 10% Health Care & Social Assistance 175,102 180,069 4,967 0.7% $52,812 Printing & Related Support Activities 4,221 1.6 High School 8% Retail Trade 115,179 103,444 -11,735 -2.7% $34,548 Machinery Manufacturing 11,377 1.6 0% 5% 10% 15% 20% 25% 30% 35% Manufacturing 92,746 94,081 1,335 0.4% $75,480 Hospitals 65,532 1.4 Accommodation & Food Services 100,143 85,925 -14,218 -3.8% $22,764 Telecommunications 6,866 1.4 Administrative Support & Waste 82,462 75,096 -7,366 -2.3% $47,748 Broadcasting (except Internet) 2,407 1.4 Social Assistance 39,899 1.4 Educational Services 76,541 74,981 -1,560 -0.5% $49,620 Merchant Wholesalers, Durable Goods 29,790 1.4 Professional, Scientific, & Tech. Servs.7 0,064 72,239 2,175 0.8% $87,252 Insurance Carriers & Related Activities 23,212 1.4 Finance and Insurance 57,226 64,060 6,834 2.9% $94,704 Postal Service 5,765 1.4 Construction 53,835 54,800 965 0.4% $67,980 Wholesale Trade 54,219 54,084 -135 -0.1% $80,172 SOURCE: BUREAU OF LABOR STATISTICS, QCEW Mngmnt. of Companies & Enterprise 41,895 42,097 202 0.1% $108,204 Transportation & Warehousing 35,678 38,938 3,260 2.2% $51,300 SOURCE: LEHD-QWI, 2016-2020 2ND QUARTER 2  MISSOURI ECONOMIC REPORT 2021 ST. LOUIS REGION Projected growth by industry helps to St. Louis 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 St. Louis Region Industry Estimated Projected Numeric Percent will be Hospitals, Ambulatory Health Care Services, Nonstore Retailers, Professional, Hospitals 69,463 80,126 10,663 15.4% Scientific, and Technical Services, Food Ambulatory Health Care Services 47,684 55,162 7,478 15.7% Services and Drinking Places, and Nonstore Retailers 5,157 8,828 3,671 71.2% Educational Services. Professional, Scientific, & Technical Services 65,166 68,616 3,450 5.3% Food Services & Drinking Places 88,704 92,072 3,368 3.8% Educational Services 82,403 85,543 3,140 3.8% Data Processing, Hosting & Related Services 6,265 9,125 2,860 45.7% Merchant Wholesalers, Durable Goods 28,651 31,391 2,740 9.6% Specialty Trade Contractors 34,062 36,123 2,061 6.1% Warehousing & Storage 4,184 5,731 1,547 37.0% 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 St. Louis 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 Personal Care Aides requirements for various occupations. Home Health Aides NOW Cargo and Freight Agents Now jobs typically require short-term on-the-job training, Taxi Drivers and Chauffeurs little to no experience, and/or a high school diploma. Now Pipelayers occupations include Combined Food Preparation and Serving Workers, Personal Care Aides, and Cashiers which lead the way in total openings. Personal Care Aides, Home Health Aides, and Respiratory Therapists Cargo and Freight Agents are projected to be the fastest growing Occupational Therapy Assistants Now occupations over the next decade. NEXT Phlebotomists Next jobs typically require a non-degree certificate, associate Physical Therapist Assistants degree, apprenticeship, some experience, or moderate- to long- Diagnostic Medical Sonographerss term training. Secretaries and Administrative Assistants, Cooks, and Nursing Assistants will have the most openings for the Next category of occupations. Respiratory Therapists, Occupational Physician Assistants Therapy Assistants, and Phlebotomists are the fastest growing Information Security Analysts LATER Next occupations. Statisticians Computer & Information Research Scientists Later jobs typically require a bachelor’s degree or higher. For Nurse Practitioners Later occupations, Registered Nurses, General and Operations Managers, and Accountants and Auditors will have the most openings. Physician Assistants, Information Security Analysts, NOTE: OCCUPATIONS WITH NET INCREASE OF LESS THAN 50 ARE OMITTED and Statisticians are the fastest growing Later occupations. SOURCE: MERIC OCCUPATIONAL PROJECTIONS, 2018-2028 *   DENOTES OCCUPATIONS TOP TEN ONLINE JOB ADS FOR 2020-2021 IN THE REGION AND WITHIN THE NOW-NEXT-LATER CLASSIFICATIONS MISSOURI ECONOMIC REPORT 2021  3 ST. LOUIS REGION St. Louis Region Long-Term Occupational Projections by Top Openings 2018 Estimated 2028 Projected Growth Total Median Occupation Employment Employment Openings Exits Transfers Openings Wages ®   NOW Combined Food Preparation and Serving Workers 30,802 33,644 2,842 2,569 3,169 6,022 $19,946 * Personal Care Aides 26,912 36,536 9,624 2,344 2,078 5,384 $22,690 Cashiers 23,903 22,305 -1,598 2,062 2,296 4,198 $22,046 Retail Salespersons 31,298 28,254 -3,044 1,711 2,638 4,045 $24,292 * Waiters and Waitresses 18,932 18,661 -271 1,304 2,303 3,580 $19,131 * ®   NEXT Secretaries and Administrative Assistants 26,049 23,215 -2,834 1,262 1,495 2,474 $37,246 * Cooks, Restaurant 11,607 13,091 1,484 656 1,091 1,895 $25,217 Nursing Assistants 14,506 15,979 1,473 819 889 1,855 $25,356 * Heavy and Tractor-Trailer Truck Drivers 12,836 14,104 1,268 555 977 1,659 $50,327 * Bookkeeping, Accounting, and Auditing Clerks 13,016 12,128 -888 765 700 1,376 $38,240 ®   LATER Registered Nurses 33,480 39,121 5,641 1,007 931 2,502 $64,889 * General and Operations Managers 18,980 19,790 810 406 1,277 1,764 $102,537 * Accountants and Auditors 12,347 12,708 361 353 814 1,203 $70,735 * Business Operations Specialists, All Other 7,199 7,547 348 200 508 743 $72,932 Software Developers, Applications 7,292 8,754 1,462 111 454 711 $98,176 * 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