New Hampton, IA Laborshed Analysis

The charts above provide some demographic information regarding the sample surveyed for this study. 

Click anywhere on the screen below to navigate through the slide deck. There is additional information regarding the top reasons for those employed likely to change jobs. As well as the top reasons for being unemployed, among those currently unemployed and likely to accept a job.

A key element of the Laborshed Study is that it identifies and analyzes labor sources that are not, in general, identified in any other readily available source. 

Specifically, the populations of individuals who identify themselves as employed and likely to change their current employment situation along with those who are not employed (unemployed, homemakers, and retired) that reported they are likely to accept an employment offer.

Click anywhere on the screen below to navigate through the slide deck. Educational information specific to the surveyed unemployed and homemakers/retired, likely to accept employment is also provided.

The first slide represents those who are currently employed and likely to change their employment situation.

Respondents are asked what is their highest level of educational attainment. The slide to the left provides the total percentage of those with an education beyond high school along with a breakout by level. 

Click anywhere on the screen below to navigate through the slide deck. Industry and occupational category information specific to the surveyed unemployed and homemakers/retired, likely to accept employment is available as well.

Respondents are asked: what is their current/former industry of employment? The slides show this industry breakout for those who are currently employed and likely to change their employment situation.

Respondents are also asked their current/former job title. These job titles are analyzed and classified into occupational categories. This breakout is also shown.

The second and third slide deal solely with those respondents that reported they were employed and likely to change employment. The second slide shows where these individuals are currently employed across industries and occupational categories. The third slide shows within each of these categories the percentage that are likely to change. For instance, the percentage of all those currently employed in the construction industry what percentage are likely to accept a new opportunity.

Click anywhere on the screen below to navigate through the slide deck and view benefit information.

The slides above display the median hourly wage and median annual salary by likeliness to change/accept employment.

Respondents defined themselves as either hourly wage earners or annual salary earners and provided a corresponding wage. No calculation was completed to translate reported hourly wages into an annual salary or vice versa.

Current and desired benefits were also provided by the respondents.

Click anywhere on the screen below to navigate through the slide deck and view commute information for the unemployed and the retired/homemakers that are likely to accept employment.

The slides above display the average commute of those who are currently employed and likely to change employment. It displays both their current commute (in both miles and minutes) and the distance/time they are willing to travel.

The out commute of a community represents the percentage of residents living in the node community (New Hampton) but working for employers located in other communities.

The out commute for New Hampton is estimated at:

• 21.1% - approximately 605 people living in New Hampton who work in other communities

Most of those residents are commuting to:

• Charles City, IA
• Decorah, IA

Percentage likely to change employment:

• 29.2% of these out commuters reported that they are likely to change employment (approximately 177 people)

Wages:

• 54.2% of out commuters are hourly wage earners with a median hourly wage of $30.00.
• 37.5% of out commuters are salaried with a median annual salary of $75,000.

Commute:

Out commuters are currently commuting an average of 30 miles (one-way) to work and are willing to commute 32 miles (one-way) for a new opportunity.

Click anywhere on the screen below to navigate through the slide deck and view job search information for the unemployed and the retired/homemakers that are likely to accept employment.

The slide below shows what percentage of individuals are actively seeking employment by their current employment status. In addition, it displays the top job search resources used by these individuals including the top websites and top newspapers.

Click anywhere on the screen below to navigate through the slide deck. Details about underemployed and how its considerations are available below the slides.

While there is no one widely accepted definition of underemployment, for the purpose of this Laborshed study, underemployment is defined in the following three ways:

1. Inadequate hours worked - individuals working less than 35 hours per week and desiring more hours
2. Mismatch of skills - workers are denoted as “mismatched” if their completed years of education are above the number needed for their current occupational group, they have significant technical skills beyond those currently being utilized or if they have held previous jobs with a higher wage or salary
3. Low income - individuals working 35 or more hours per week but at wages insufficient enough to keep them above the federal poverty level

Each of these categories of underemployment can be very difficult to estimate; however, elements of each of these categories exist in this Laborshed area.

It is important to note that underemployment applies only to respondents who indicated they were employed and likely to change employment.

Respondents are not considered underemployed if they are unlikely to accept new employment opportunities that could improve their situation.