Regional Economy

north-shore-narrowchart
One of the key services that the WIB offers is
providing relevant regional economic and labor market information to support workforce development on the North Shore.

2010 Census Population & Demographics for the North Shore


In 2010, the North Shore population was 409,411 which is 6.25% of the Massachusetts population. The table below shows population totals, racial demographics, and the percent of the population that is Hispanic or Latino.

Additional population data can be found on the US Census Bureau’s web site.

2010 Census Population & Demographics Total Population White Black or African American American Indian and Alaska Native Asian Native Hawaiian and Other Pacific Islander Some Other Race Two or More Races: % Hispanic or Latino
Massachusetts 6,547,629 80.4% 6.6% 0.3% 5.3% 0.0% 4.7% 2.6% 9.6%
North Shore 409,411 84.6% 4.2% 0.3% 3.1% 0.0% 5.4% 2.4% 11.0%
Beverly 39,502 93.3% 1.6% 0.2% 1.7% 0.1% 1.5% 1.6% 3.5%
Danvers 26,493 95.2% 1.1% 0.1% 1.9% 0.0% 0.7% 1.0% 2.3%
Essex 3,504 97.2% 0.3% 0.1% 1.0% 0.0% 0.2% 1.1% 1.3%
Gloucester 28,789 95.7% 0.8% 0.1% 0.9% 0.1% 1.0% 1.3% 2.7%
Hamilton 7,764 92.4% 0.6% 0.2% 5.4% 0.0% 0.3% 1.1% 1.6%
Ipswich 13,175 95.9% 0.5% 0.2% 1.3% 0.0% 0.7% 1.4% 1.8%
Lynn 90,329 57.6% 12.8% 0.7% 7.0% 0.1% 16.8% 5.0% 32.1%
Lynnfield 11,596 94.7% 0.5% 0.0% 3.3% 0.0% 0.4% 1.0% 1.7%
Manchester 5,136 97.6% 0.1% 0.2% 0.9% 0.0% 0.1% 1.1% 1.5%
Marblehead 19,808 96.4% 0.8% 0.1% 1.0% 0.0% 0.6% 1.2% 2.1%
Middleton 8,987 89.7% 2.3% 0.5% 2.3% 0.0% 3.4% 1.8% 7.1%
Nahant 3,410 96.5% 0.5% 0.1% 1.7% 0.0% 0.6% 0.7% 1.5%
Peabody 51,251 90.4% 2.4% 0.2% 1.9% 0.0% 3.6% 1.6% 6.3%
Rockport 6,952 97.0% 0.6% 0.1% 0.8% 0.1% 0.3% 1.1% 1.6%
Salem 41,340 81.5% 4.9% 0.4% 2.6% 0.1% 7.0% 3.4% 15.6%
Saugus 26,628 91.9% 2.1% 0.1% 2.7% 0.0% 1.6% 1.6% 4.0%
Swampscott 13,787 94.6% 1.2% 0.1% 1.9% 0.0% 0.7% 1.4% 2.6%
Topsfield 6,085 96.8% 0.5% 0.1% 1.3% 0.0% 0.3% 1.1% 1.8%
Wenham 4,875 95.8% 0.6% 0.1% 1.7% 0.1% 0.8% 0.9% 1.9%
2000 – 2010 Population & Demographic Percent Change

The North Shore population grew by 4,548, from 404,863 in 2000 to 409,411 in 2010, which is a growth of 1.1% During this period, the Massachusetts population grew by 198,532, from 6,349,097 in 2000 to6,547,629 in 2010, which is a growth of 3.1%. The table below shows the percent change from 2000 to 2010 in the population, racial demographics, and in the Hispanic or Latino population.

Additional population data can be found on the US Census Bureau’s web site.

2000-2010 Census Population & Demographic Change Total Population White Black or African American American Indian and Alaska Native Asian Native Hawaiian and Other Pacific Islander Some Other Race Two or More Races: % Hispanic or Latino
Massachusetts 3.1% -4.1% 1.2% 0.1% 1.6% 0.0% 0.9% 0.3% 2.8%
 North Shore 1.1% -4.5% 1.2% 0.1% 0.6% 0.0% 2.2% 0.4% 4.7%
  Beverly -0.9% -2.6% 0.6% 0.0% 0.5% 0.0% 1.0% 0.6% 1.7%
  Danvers 5.1% -2.5% 0.7% 0.0% 0.8% 0.0% 0.5% 0.5% 1.5%
  Essex 7.3% -1.3% 0.2% 0.0% 0.6% 0.0% 0.0% 0.6% 0.4%
  Gloucester -4.9% -1.3% 0.2% 0.0% 0.2% 0.1% 0.5% 0.3% 1.3%
  Hamilton -6.6% -1.8% 0.1% 0.0% 1.2% 0.0% -0.1% 0.6% 0.6%
  Ipswich 1.4% -1.7% 0.1% 0.1% 0.5% 0.0% 0.4% 0.6% 0.7%
  Lynn 1.4% -10.3% 2.2% 0.4% 0.5% 0.0% 7.0% 0.2% 13.7%
  Lynnfield 0.5% -2.0% 0.1% 0.0% 1.3% 0.0% 0.2% 0.3% 1.1%
  Manchester -1.8% -1.3% 0.1% 0.0% 0.5% 0.0% 0.0% 0.7% 0.7%
  Marblehead -2.8% -1.2% 0.3% 0.0% 0.0% 0.0% 0.4% 0.4% 1.2%
  Middleton 16.1% -5.7% 0.6% 0.4% 1.2% 0.0% 3.1% 0.4% 0.9%
  Nahant -6.1% -0.6% 0.1% 0.0% 0.6% -0.1% 0.1% -0.1% 0.5%
  Peabody 6.5% -3.5% 1.4% 0.1% 0.5% 0.0% 1.8% -0.2% 2.8%
  Rockport -10.5% -0.7% 0.4% -0.1% 0.4% 0.1% -0.2% 0.3% 0.5%
  Salem 2.3% -3.9% 1.8% 0.2% 0.7% 0.0% 0.3% 0.9% 4.4%
  Saugus 2.1% -5.4% 1.6% 0.1% 1.5% 0.0% 1.3% 0.9% 3.0%
  Swampscott -4.3% -2.8% 0.5% 0.0% 1.2% 0.0% 0.4% 0.7% 1.3%
  Topsfield -0.9% -1.0% 0.1% 0.0% 0.4% 0.0% -0.1% 0.4% 1.0%
  Wenham 9.8% -2.0% 0.2% 0.1% 0.3% 0.1% 0.7% 0.6% 1.4%
North Shore Labor Force & Unemployment

Labor force and unemployment data for the North Shore is shown below. As of June 2015, the unemployment rate on the North Shore was 4.7% which is lower than the Massachusetts rate. The labor force in the North Shore has increased in the past year by 2.06% while the number employed has also increased by 3.21% and the number of unemployed decreased by 16.85%. Year to year gains in the North Shore labor force with higher employment figures combined with a large percentage decrease in the number unemployed signal a continue strengthening economy.

Additional labor force data for the North Shore can be found on the Massachusetts Executive Office of Labor and Workforce Development (EOLWD) Economic Data web site.

North Shore Workforce Investment Area (WIA)
Month Year Labor Force Employed Unemployed North Shore Unemployment Rate (Not Seasonally Adjusted)  Massachusetts Unemployment Rate (Seasonally Adjusted) 
June 2015 231,903 220,903 10,979 4.7% 5.3%
May 2015 228,880 219,231 9,649 4.2% 5.5%
April 2015 229,164 220,169 8,995 3.9% 5.4%
March 2015 230,064 219,360 10,704 4.7% 5.5%
February 2015 229,443 217,896 11,547 5.0% 5.5%
January 2015 227,543 215,654 11,889 5.2% 5.7%
December 2014 227,575 216,894 10,681 4.7% 5.6%
November 2014 228,245 217,241 11,004 4.8% 5.8%
October 2014 227,103 216,108 10,995 4.8% 5.7%
September 2014 225,344 212,890 12,454 5.5% 5.9%
August 2014 227,510 214,862 12,648 5.6% 6.1%
July 2014 227,185 213,952 13,233 5.8% 6.2%
June 2014 227,218 214,014 13,204 5.8% 6.1%
North Shore Recession and Recovery

The recession on the North Shore started in the 3rd quarter 2007 when employment reached a seasonal high of 167,235 and lasted until the 1st Quarter 2010 when employment droped to a low of 159,789. A total employment loss of 7,446 jobs or 4.5%. The 1st Quarter 2010 is the begining of the recovery period from which the North Shore starts to gain back employment lost during the recession. Latest employment figures show that the North Shore has nearly gained back the jobs lost during the recession. However, the industrial compostion of the North Shore and occuapation mix of the North Shore is changed due to the recession.

north shore recession and recovery chart

North Shore Industrial Employment Loss 3rd Quarter 2007-1st Quarter 2010

The North Shore had six industrial sectors which lost large percentages of thier workforce during the recession. These industrials are Durable Goods Manufacturing (-19.3%), Non-Durable Goods Manufacturing (-9.6%), Professional and Technical Services (-6.9%), Administration and Waste Services (-11%), and Real Estate and Rental and Leasing Services (-12%). Several industries gained employment during this period such as Health Care and Social Assistance (6.3%), Educational Servies (4.4%), and Information (7%).

3rd Q 07- 1st Q 2010

North Shore Industrial Employment 3rd Q 2007% Change

north shore industrial recession loss

North Shore Industrial Employment Gain 1st Quarter 2010-1st Quarter 2012

The recovery period on the North Shore sees most of the industries start to gain back the employment losses experinced during the recession period. The industires with the highest levels of growth are Health Care and Social Assistance (4.7%), Durable Goods Manufacturing (6.9%), Accommodation and Food Services (4.9%), Administration and Waste Serivces (8.7%), and Arts, Entertainment, and Recreation (4.7%). Industires that lost employment during the recovery are Non-Durable Good Manufacturing (2.7%), Finance and Insurance (-3.3%), Public Adminstration (-5%), and Information (-1.4%). The recovery period is still ongoing.

1st Q 10- 1st Q 12

North Shore Industrial Employment 1st Q 2010 % Change

north shore industrial recovery

For more detailed information on industrial employment, establishment and wages, please refer to the tables listed below.

North Shore Industries (Private Employment)

The North Shore had a 3rd Quarter 2014 average monthly employment of 153,296 which is 5.2% of the Massachusetts employment of 2,976,594 during the same time period. The five largest industries on the North Shore are Health Care and Social Assistance, Retail Trade,Manufacturing, Accommodation and Food Services, and Administrative and Waste Services. Together these industries employ 102,824 workers and account for 67.07% of all North Shore Employment.

Click here to view our: Labor Market Blueprint

Additional Industrial data for the North Shore can be found on the Massachusetts Executive Office of Labor and Workforce Development (EOLWD) Economic Data web site.

Description Number of Establishments Average Monthly Employment Average Weekly Wages
Total, All Industries 12,344 153,296 $938
Agriculture, Forestry, Fishing & Hunting 118 553 $624
Construction 1,132 6,523 $1,236
Manufacturing 456 16,173 $1,599
Durable Goods Manufacturing 293 12,139 $1,642
Non-Durable Goods Manufacturing 163 4,034 $1,472
Utilities 15 379 $1,950
Wholesale Trade 616 5,004 $1,514
Retail Trade 1,700 25,324 $577
Transportation and Warehousing 204 2,491 $840
Information 197 4,008 $1,529
Finance and Insurance 514 5,468 $1,735
Real Estate and Rental and Leasing 349 1,949 $1,278
Professional and Technical Services 1,419 7,797 $1,466
Management of Companies and Enterprises 59 1,358 $2,003
Administrative and Waste Services 673 8,236 $695
Educational Services 160 3,166 $904
Health Care and Social Assistance 2,233 34,237 $903
Arts, Entertainment, and Recreation 245 4,244 $489
Accommodation and Food Services 1,086 18,854 $373
Other Services, Ex. Public Admin 1,165 7,496 $487
Critical Industrial Sectors

The selection of critical industries was based on the following factors:

  • Number of jobs
  • Skill and education requirements
  • Wage levels of critical occupations
  • Career ladder opportunities
  • Projections of future employment opportunities

Based on these criteria, four industries stood out as critical drivers of labor market demand, providers of employment paying sustainable wages, and offering career ladder opportunities on the North Shore.

  • Construction
  • Financial Services
  • Health Care
  • Durable Goods Manufacturing

Among these four industries, there are high levels of current employment and a history of relatively high levels of employment in the region. There is a consistent demand for replacement jobs in each of these four industries.

Health Care and Social Assistance

03Health Care is the largest employer on the North Shore. Health Care and Social Assistance employment has grown 2.67% from 33,346 in the 3rd Quarter 2013 to 34,237 in the 4th Quarter 2014. Job growth in the Health Care industry has primarily been driven by two factors: increased demand for technical skills and the aging of the population. Counteracting these factors has been a trend toward financial control, driven by consolidation and payer policies. In the North Shore, Health Care employment is concentrated in three sectors: Ambulatory Services (primarily offices of physicians and dentists), Hospitals, and Nursing and Residential Care Facilities.

Description Number of Establishments Average Monthly Employment Average Weekly Wage
Health Care and Social Assistance 2,233 34,237 $903
Ambulatory Health Care Services 689 13,587 $1,130
Hospitals 10 7,474 $1,062
Nursing and Residential Care Facilities 193 7,606 $626
Social Assistance 1,341 5,570 $512
Financial Services

02Financial Services is a significant employer in the North Shore, employing 7,417 people
in the 3rd Quarter 2014. This is an increase of 0.1% from 3rd quarter 2013, when the industry employed 7,409 workers in the region. The Financial Services industry is divided between Finance and Insurance, employing 5,468 people, and Real Estate and Rental and Leasing, which employed 1,949 workers in the 3rd Quarter 2014.

 

Description Number of Establishments Average Monthly Employment Average Weekly Wage
Financial Activities 863 7,417 $1,615
Finance and Insurance 514 5,468 $1,735
Credit Intermediation & Related Activity 216 2,954 $1,665
Financial Investment & Related Activity 129 558 $3,213
Insurance Carriers & Related Activities 165 1,955 $1,419
Real Estate and Rental and Leasing 349 1,949 $1,278
Real Estate 291 1,197 $1,012
Rental and Leasing Services 55 422 $800
Durable Goods Manufacturing

04Manufacturing is probably the most controversial selection as a critical industry. However, the region still employs over 16,000 workers, with over 12,000 in the Durable Goods Manufacturing portion of the industry; this meets the size criterion for critical industry employment.

 

Description Number of Establishments Average Monthly Employment Average Weekly Wage
Manufacturing 456 16,173 $1,599
Durable Goods Manufacturing 293 12,139 $1,642
Non-Durable Goods Manufacturing 163 4,034 $1,472
Food Manufacturing 53 2,225 $930
Beverage & Tobacco Product Manufacturing 8 115 $561
Textile Mills 4 21 $1,739
Textile Product Mills 17 90 $945
Leather and Allied Product Manufacturing 7 104 $664
Wood Product Manufacturing 7 29 $949
Printing and Related Support Activities 30 261 $997
Chemical Manufacturing 21 934 $3,246
Plastics & Rubber Products Manufacturing 11 193 $1,060
Nonmetallic Mineral Product Mfg 6 37 $862
Fabricated Metal Product Manufacturing 116 1,976 $1,231
Machinery Manufacturing 36 2,283 $1,575
Computer and Electronic Product Mfg 43 2,662 $1,861
Electrical Equipment and Appliances 10 860 $1,833
Furniture and Related Product Mfg 22 184 $887
Miscellaneous Manufacturing 38 680 $1,464
Construction

01Construction has long been a steady employer of North Shore residents. Between the 3rd Quarter 2013 and the 3rd Quarter 2014, construction employment in the North Shore Workforce Investment Area has decreased by 2.64%, from 6,700 to 6,523 workers.

 

Description Number of Establishments Average Monthly Employment Average Weekly Wage
Construction 1,132 6,523 $1,236
Construction of Buildings 285 1,596 $1,366
Heavy and Civil Engineering Construction 43 470 $1,438
Specialty Trade Contractors 804 4,457 $1,169
Top 25 Occupations on the North Shore, May 2014

05The top 25 occupations on the North Shore are shown below along with the median, entry, and experienced level wages.

Additional occupational data for the North Shore can be found on the Massachusetts Executive Office of Labor and Workforce Development (EOLWD) Economic Data web site.

Rank Occupational Title Employment Median Wage Entry Wage Experienced Wage
1 Retail Salespersons 8,150 $22,780 $18,138 $32,055
2 Waiters and Waitresses 5,790 $23,725 $17,776 $30,590
3 Cashiers 4,840 $19,888 $17,978 $23,957
4 Registered Nurses 4,090 $73,109 $59,886 $85,076
5 Combined Food Preparation and Serving Workers, Including Fast Food 3,730 $19,144 $17,800 $21,685
6 General and Operations Managers 3,340 $101,398 $60,316 $156,425
7 Office Clerks, General 3,340 $33,235 $24,368 $41,802
8 Home Health Aides 2,900 $25,588 $20,592 $27,711
9 Customer Service Representatives 2,850 $36,612 $26,798 $45,001
10 Stock Clerks and Order Fillers 2,830 $22,735 $18,095 $30,585
11 Teacher Assistants 2,700 $28,703 $20,036 $34,140
12 Nursing Assistants 2,630 $29,877 $26,128 $32,808
13 Janitors and Cleaners, Except Maids and Housekeeping Cleaners 2,480 $29,188 $22,055 $34,898
14 Cooks, Restaurant 2,460 $28,142 $21,346 $32,450
15 Personal Care Aides 2,230 $24,858 $21,384 $28,785
16 Social and Human Service Assistants 2,150 $29,699 $24,400 $35,273
17 First-Line Supervisors of Retail Sales Workers 1,890 $43,043 $30,549 $54,959
18 First-Line Supervisors of Office and Administrative Support Workers 1,860 $55,924 $40,006 $65,660
19 Team Assemblers 1,800 $25,715 $18,808 $34,997
20 Elementary School Teachers, Except Special Education 1,700 $68,244 $48,554 $76,738
21 Bookkeeping, Accounting, and Auditing Clerks 1,660 $41,099 $29,626 $48,890
22 Receptionists and Information Clerks 1,640 $29,230 $21,833 $33,831
23 Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products 1,630 $65,769 $40,176 $120,313
24 Secondary School Teachers, Except Special and Career/Technical Education 1,600 $68,925 $49,316 $79,018
25 Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 1,590 $38,196 $30,079 $44,789
Occupational Vacancies in the Northeast of Massachusetts, 2nd Quarter 2013

The top 20 occupational vacancies Massachusetts are presented below. This information is based on theMassachusetts Job Vacancy Survey from the Massachusetts Executive Office of Labor and Workforce Development. Additional information is provided on top 25 full-time & permenant jobs and occupational vacancies by major occupational group for the Northeast region and Massachusetts.

Occupation Title Job Vacancies Job Vacancies % Full Time Vacancies Full Time Vacancy % Permanant Vacancies Permanant Vacancy %
Totals, All Occupations 17,424 4.5 8,196 47 12,746 73
Retail Salespersons 1,029 7.5 204 20 805 78
Combined Food Preparation and Serving Workers, Including Fast Food 940 10 108 11 809 86
Cashiers 841 7.2 65 8 697 83
Landscaping and Groundskeeping Workers 753 34.5 741 98 45 6
Waiters and Waitresses 681 6.2 124 18 504 74
Home Health Aides 523 17.6 52 10 275 53
Registered Nurses 507 5.5 136 27 365 72
Cooks, Restaurant 355 10 123 35 240 68
Laborers and Freight, Stock, and Material Movers, Hand 352 8.3 52 15 66 19
Construction Laborers 311 17.2 189 61 196 63
Nursing Assistants 291 5.8 81 28 214 74
Food Preparation Workers 265 8.1 37 14 247 93
Customer Service Representatives 243 4 142 58 194 80
Marketing Managers 234 22.7 231 99 231 99
Office Clerks, General 203 2.9 93 46 124 61
Stock Clerks and Order Fillers 199 2.7 34 17 143 72
Counter Attendants, Cafeteria, Food Concession, and Coffee Shop 191 9.5 75 39 105 55
Social and Human Service Assistants 178 6.5 95 53 173 97
Driver/Sales Workers 176 19.1 45 26 176 100
Taxi Drivers and Chauffeurs 174 24.5 20 11 114 66