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Industry_Snapshot_Report_Arts_Entertainment_and_Recreation_in_Eagle_County_CO_4431 Industry Snapshot Report Arts, Entertainment, and Recreaon in Eagle County, CO Colorado Workforce Intelligence Data Experts 633 17th Street, Suite 900 Denver, Colorado 80202 Emsi Q4 2021 Data Set | www.economicmodeling.com Industry Snapshot Report Emsi Q4 2021 Data Set | www.economicmodeling.com . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11 Contents What is Emsi Data? Report Parameters Workforce Map Execu"ve Summary Supply (Jobs) Demographic Details Demand What skills are they pos"ng for? Industry Snapshot Report Emsi Q4 2021 Data Set | www.economicmodeling.com What is Emsi Data? Emsi data is a hybrid dataset derived from official government sources such as the US Census Bureau, Bureau of Economic Analysis, and Bureau of Labor Sta"s"cs. Leveraging the unique strengths of each source, our data modeling team creates an authorita"ve dataset that captures more than 99% of all workers in the United States. This core offering is then enriched with data from online social profiles, resumés, and job pos"ngs to give you a complete view of the workforce. Emsi data is frequently cited in major publica"ons such as The Atlan c, Forbes, Harvard Business Review, The New York Times, The Wall Street Journal , and USA Today . Industry Snapshot Report Emsi Q4 2021 Data Set | www.economicmodeling.com 1 1 Industry 1 County Class of Worker QCEW Employees, Non-QCEW Employees, and Self-Employed The informa"on in this report pertains to the chosen industry and geographical area. Report Parameters 71 Arts, Entertainment, and Recrea"on 8037 Eagle County, CO Industry Snapshot Report Emsi Q4 2021 Data Set | www.economicmodeling.com 2 Workforce Map Industry Snapshot Report Emsi Q4 2021 Data Set | www.economicmodeling.com 3 Eagle County, CO is a hotspot for this kind of talent. The na"onal average for an area this size is 487* employees, while there are 2,840 here. Earnings per job are about the same as the na"onal average. The na"onal average salary for Arts, Entertainment, and Recrea"on in an area this size is $50,890, while in Eagle County, CO it is $46,702. Earnings per jobs is the total industry earnings divided by the number of jobs in the industry. Compe""on from online job pos"ngs is high in Eagle County, CO. The na"onal average for an area this size is 14* job pos"ngs/mo, while there are 20 here. Execu"ve Summary Aggressive Hiring Compeon Over a Deep Supply of Regional Talent *Na"onal average values are derived by taking the na"onal value for Arts, Entertainment, and Recrea"on and scaling it down to account for the difference in overall workforce size between the na"on and Eagle County, CO. In other words, the values represent the na"onal average adjusted for region size. 2,840 Supply (Jobs) $46,702 Earnings Per Job 20 Demand (Job Posngs) Industry Snapshot Report Emsi Q4 2021 Data Set | www.economicmodeling.com 4 Supply (Jobs) Supply Is Higher Than the Naonal Average The regional vs. na"onal average employment helps you understand if the supply of Arts, Entertainment, and Recrea"on is a strength or weakness for Eagle County, CO, and how it is changing rela"ve to the na"on. An average area of this size would have 487* employees, while there are 2,840 here. This higher than expected supply may make it easier to find candidates. The gap between expected and actual employment is expected to remain roughly the same over the next 5 years. -27% Past Growth (2015 - 2020) -4% Projected Growth (2020 - 2025) *Na"onal average values are derived by taking the na"onal value for Arts, Entertainment, and Recrea"on and scaling it down to account for the difference in overall workforce size between the na"on and Eagle County, CO. In other words, the values represent the na"onal average adjusted for region size. Industry Snapshot Report Emsi Q4 2021 Data Set | www.economicmodeling.com 5 Re"rement risk is about average in Eagle County, CO. The na"onal average for an area this size is 647* employees 55 or older, while there are 617 here. Racial diversity is low in Eagle County, CO. The na"onal average for an area this size is 806* racially diverse employees, while there are 443 here. Gender diversity is low in Eagle County, CO. The na"onal average for an area this size is 1,349* female employees, while there are 1,155 here. Rerement Risk Is About Average, While Overall Diversity Is Low *Na"onal average values are derived by taking the na"onal value for Arts, Entertainment, and Recrea"on and scaling it down to account for the difference in overall workforce size between the na"on and Eagle County, CO. In other words, the values represent the na"onal average adjusted for region size. Unemployment Rate Trends Unemployment shown at the 2-digit sector level. Jan 2017 Jan 2018 Jan 2019 Jan 2020 Jan 2021 200 400 600 800 1,000 1,200 1,400 1,600 1,800 Industry Unemployment617 Rering Soon 443 Racial Diversity 1,155 Gender Diversity Industry Snapshot Report Emsi Q4 2021 Data Set | www.economicmodeling.com 6 Demographic Details Industry Age Breakdown Industry Race/Ethnicity Breakdown % of Jobs Jobs A 14-18 2.5% 72 A 19-24 11.1% 314 A 25-34 27.4% 778 A 35-44 19.8% 563 A 45-54 17.5% 496 A 55-64 13.9% 395 A 65+7.8% 222 % of Jobs Jobs A White 84.4% 2,397 A Hispanic or La"no 10.8% 307 A Black or African American 1.5% 42 A Asian 1.5% 41 A Two or More Races 1.4% 39 A American Indian or Alaska Na"ve 0.4% 11 A Na"ve Hawaiian or Other Pacific Islander 0.1% 3 Industry Snapshot Report Emsi Q4 2021 Data Set | www.economicmodeling.com 7 Industry Gender Breakdown Most Jobs are Found in the Personal Care and Service Occupaons Industry Sector % of Jobs Jobs A Males 59.3% 1,685 A Females 40.7% 1,155 Occupaon % of Industry in Occupaon (2020) A Personal Care and Service Occupa"ons 25.5% A Food Prepara"on and Serving Related Occupa"ons 14.3% A Building and Grounds Cleaning and Maintenance Occupa"ons 12.3% A Arts, Design, Entertainment, Sports, and Media Occupa"ons 10.5% A Sales and Related Occupa"ons 8.6% A Office and Administra"ve Support Occupa"ons 6.2% A Other 22.5% Industry Snapshot Report Emsi Q4 2021 Data Set | www.economicmodeling.com 8 Demand 33 Employers Compeng All employers in the region who posted for this job over the last 12 months. 111 Unique Job Posngs The number of unique pos"ngs for this job over the last 12 months. 18 Day Median Duraon Pos"ng dura"on is 6 days shorter than what's typical in the region. Eagle Springs Golf Club 15 The Club At Cordillera Inc 11 Charter Sports Group, Inc.10 Vail Racquet Club Inc 7 Ar"st 6 Top Companies Unique Posngs Art Studio Assistants 5 Cabinet Makers 3 Front Desk Agents 3 Golf Course Equipment Operators…3 Maintenance Technicians 3 Top Job Titles Unique Posngs Industry Snapshot Report Emsi Q4 2021 Data Set | www.economicmodeling.com 9 Industry Gain and Drain Reliable Gain and Drain informa"on is not available for the currently selected industry. Industry Snapshot Report Emsi Q4 2021 Data Set | www.economicmodeling.com 10 What skills are they pos"ng for? Top 15 Skills for All Job Types by Quarter Skills help us understand the direc"on an industry is headed. Aug 2020 - Oct 2020 Nov 2020 - Jan 2021 Feb 2021 - Apr 2021 May 2021 - Jul 2021 Aug 2021 - Oct 2021 Merchandising Merchandising Merchandising Merchandising Restaurant Opera"on Restaurant Opera"on Restaurant Opera"on Restaurant Opera"on Front Office Front Office Front Office Front Office Personal Protec"ve Equipment Personal Protec"ve Equipment Personal Protec"ve Equipment Personal Protec"ve Equipment Accoun"ng Accoun"ng Accoun"ng Accoun"ngMopping Mopping Mopping Mopping Billing Billing Billing Billing Cardiopulmonary Resuscita"on (CP... Cardiopulmonary Resuscita"on (CP... Cardiopulmonary Resuscita"on (CP... Cardiopulmonary Resuscita"on (CP... Development Aid Development Aid Development Aid Development Aid Window Cleaning Window Cleaning Window Cleaning Window Cleaning Julia (Programming Language) Julia (Programming Language) Julia (Programming Language) Julia (Programming Language) Inventory Control Inventory Control Inventory Control Inventory Control Mechanics Mechanics Mechanics Mechanics Bilingual (Spanish/English)Bilingual (Spanish/English) Bilingual (Spanish/English) Bilingual (Spanish/English) Snow Removal Snow Removal Snow Removal Snow Removal Gross Regional Product (GRP) $149.1M $17.6M $21.5M $188.3M Earnings (2020)Property Income (2020)Taxes (2020) Total GRP (2020) Industry Snapshot Report Emsi Q4 2021 Data Set | www.economicmodeling.com 11 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 $200M $250M Gross Regional ProductIndustry Requirements Lessors of Residen"al Buildings and Dwellings $8,492,110 $336 $8,492,445 Offices of Real Estate Agents and Brokers $6,636,735 $921 $6,637,656 Lessors of Nonresiden"al Buildings (except Miniwarehouses) $5,547,078 $6,767 $5,553,846 Other Ac"vi"es Related to Real Estate $4,977,681 $7,187 $4,984,868 Corporate, Subsidiary, and Regional Managing Offices $834,413 $4,115,837 $4,950,250 Purchases from In-region Purchases Imported Purchases Total Purchases Industry Snapshot Report Emsi Q4 2021 Data Set | www.economicmodeling.com 12