WCC_PSEIS_Business_MainReport

13 Chapter 1: Introduction In 2022, regional employers posted 5,516 unique job postings at the associate degree level or below for these occupations in Westchester County.9 The annual median advertised salary for these job postings was $45,947. The top companies with the greatest number of unique postings for the mapped occupations are Northwell Health, CVS Health, Mastercard, Cintas, and Albert Einstein College of Medicine. Information Technology program The Information Technology program can lead students into a number of occupations such as software developers; computer user support specialists; information security analysts; computer programmers; and web developers. The 20 mapped occupations supported 14,694 jobs across all educational levels in the Westchester County economy in 2022. Over the next 10 years, these jobs are expected to grow 11.9% (Figure 1.3). In 2022, there were 633 job openings within the mapped occupations at the associate degree level and below. The 633 job openings are in part being filled by the 358 SUNY WCC’s Information Technology program completers. Subtracting this supply of human capital from the 633 annual openings, we arrive at 275 job openings, or a gap of 275. This means there is not enough supply of trained workers in Westchester County to meet the need of regional employers. In 2022, regional employers posted 666 unique job postings at the associate degree level or below for these occupations in Westchester County. The annual median advertised salary for these job postings was $68,994. The top companies with the 9 Job openings and job postings come from different data sources and can therefore differ from each other. They both provide insights into local employer demand. Job openings are from government data sources and, while lagged, can be more stable. Job postings reflect real-time employer demand but can have more fluctuations. The number of job postings lower than the number of job openings may indicate the fact that employers hire multiple workers using one job posting or that the education level is not specified in a job advertisement. The number of job postings higher than the number of job openings may reflect intense job distribution and cross-posting of job advertisements across multiple job boards in different cities, indicating a lack of labor supply. Figure 1.3: Projected job growth in Westchester County of Information Technology program mapped occupations Source: Lightcast Projected jobs Year 82 + 84 + 85 + 86 + 87 + 88 + 89 + 90 + 92 + 94 + 95 12,500 10,000 7,500 5,000 2,500 0 15,000 17,500 2025 2024 2023 2022 2027 2030 2029 2028 2026 2031 2032

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