Tag: Burning Glass

UPDATED: Birmingham Lags Behind Other Southern Cities in Economic Growth, Study Says

Metro Birmingham is falling behind economically, compared to other large Southern cities and the nation in general, and needs a major effort to refocus industrial recruiting and workforce training.

That’s the essence of findings by a report from a Boston consulting and analysis company, which was commissioned by Bold Goals Coalition of Central Alabama. The study indicates that the metro area is considerably behind booming Southern cities such as Nashville, Charlotte and Atlanta and has yet to fully recover from the Great Recession of the previous decade.

Birmingham-area industries are too heavily reliant on workers without a college education or higher, and those workers are vulnerable to losing their jobs to automation, according to the 40-page report. Meanwhile, there’s a shortfall in industries specializing in high technology, especially life sciences, and local workers who are trained for such employment often leave the area to find work.

The numbers were a bit of a surprise for Bill Jones, the co-chair of the Bold Goals education steering committee, who presided over the public release of the report Tuesday morning.

“It was eye-opening to see how much we trail other cities that are not far away from us,” Jones said. Read more.

Birmingham Economy’s Prospects? Study Under Wraps Takes Exacting Look

In January, Alabama’s Department of Labor reported online help-wanted ads for 2,089 openings for registered nurses in the state. Only truck drivers were more highly sought.

In metro Birmingham, the help-wanted website indeed.com listed more than 600 openings for jobs with the keyword “nurse” in early April.

Still, with the unemployment rate at a low 3.5 percent, 18,711 people in the Birmingham-Hoover Metropolitan Area were officially unemployed in March of this year, according to estimates from the state Labor Department.

That kind of mismatch between jobs available and people seeking work is typically the kind of workforce issue addressed by Burning Glass Technologies, according to its website.

In Birmingham, a group of influential organizations is focusing on findings about the local economy from a Burning Glass data-based study. The study is complete but has not yet been released for the public to see.