NVI Technical College Information

Market Feasibility

Demand for Jobs Related to the Company Offerings ꘡

States with the highest employment level in this occupation:

Conclusion

State

Employment

Employment per thousand jobs

Location quotient

Hourly mean wage

Annual mean wage

Texas

61,200

4.71

1.05

$23.21

$48,280

Data presented in this section is taken from the U.S. Bureau of Labor

California

60,500

3.43

0.76

$28.36

$58,980

Florida

48,650

5.28

1.18

$22.74

$47,310

Statistics website.

Total estimated employed persons in this

Pennsylvania

31,580

5.43

1.21

$23.00

$47,850

New York

30,750

3.38

0.75

$24.97

$51,930

occupation as of 2022 was estimated at about 1,249,000 in the

Top paying States for this occupation:

sectors that the management of the Company intends to provide

State

Employment

Employment per thousand jobs

Location quotient

Hourly mean wage

Annual mean

training certifications for.

A

District of Columbia

390

0.57

0.13

$29.37

$61,090

Job Title

2022 Annual Est. 2032 Est. 2022 No. Jobs Growth Rate No. Jobs Demand to 2032 Annual

Alaska

1,610

5.28

1.17

$29.16

$60,640

California

60,500

3.43

0.76

$28.36

$58,980

1), 2), 3) Automotive Service Technicians and Mechanics 782,200

2.0% 797,844 1,564 15,644

Washington

11,740

3.45

0.77

$27.05

$56,260

4) Automotive Body and Glass Repairers

175,200

1.0% 176,950

175 1,752

New Jersey

14,590

3.55

0.79

$26.49

$55,100

5) Diesel Service Technicians and Mechanics

291,600

1.0% 294,516

292 2,916

Total

1,249,000

1,269,310 2,031 20,312

Source: U.S. Bureau of Labor Statistics

Metropolitan areas with the highest employment level in this

occupation:

The job growth data is estimated for potential new jobs created

which as presented in the preceding table is about 2,031 annually

Metropolitan area

Employment

Employment per thousand jobs

Location quotient

Hourly mean wage

Annual mean wage

New York-Newark-Jersey City, NY-NJ-PA

27,310

2.97

0.66

$26.81

$55,760

from 2022 through 2032, for a total of about 20,312 over this 10

Chicago-Naperville-Elgin, IL-IN-WI

21,690

4.91

1.09

$25.15

$52,310

Los Angeles-Long Beach-Anaheim, CA

17,560

2.88

0.64

$27.03

$56,220

Dallas-Fort Worth-Arlington, TX

14,840

3.9

0.87

$24.09

$50,110

year period. However, this data does not account for persons who

Houston-The Woodlands-Sugar Land, TX

14,470

4.74

1.05

$24.26

$50,450

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 13,470

4.86

1.08

$25.23

$52,480

are already employed seeking certifications, or those adding or

Atlanta-Sandy Springs-Roswell, GA

13,290

4.87

1.09

$23.34

$48,550

Miami-Fort Lauderdale-West Palm Beach, FL

12,220

4.66

1.04

$23.98

$49,870

Washington-Arlington-Alexandria, DC-VA-MD-WV 12,190

4.03

0.9

$27.98

$58,190

shifting skills whereby certifications are required for the job shift or

Phoenix-Mesa-Scottsdale, AZ

11,910

5.36

1.19

$24.61

$51,190

potential advancement. Overall, job growth is positive.

Source: Wert-Berater Feasibility Studies, LLC, ASE Education Foundation and U.S. Bureau of Labor Statistics

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