Atlanta, Georgia Market Profile
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1 Atlanta, Georgia Market Profile Quick facts about Atlanta 1 The city of Atlanta is growing in height as well as in expanse. Nestled at the foothills of the Appalachian Mountains, the city besides being rated as an alpha-city, takes pride in having one of the most extensive covers of greenery among US cities. Home to some of the world s most recognizable brands like Coca Cola and CNN, the city has moved from strength to strength, becoming one of the world s foremost global economic powerhouses. In 2010, Atlanta was ranked as the seventh most visited city in the United States, with 35 million visitors per year. The famous Varsity Restaurant in Atlanta serves the highest amount of Coca-cola in the world. The restaurant caters to nearly 3 million servings of Coca-Cola annually. After Chicago, the city of Atlanta has more shopping center space per capita than any other city. The tallest hotel in western hemisphere, the Westin Peachtree plaza with 73 stories and height of 723 feet, is located in Atlanta. Coca-Cola was first set up in the city of Atlanta. Today, the city is home to other corporate giants and many Fortune 500 companies like UPS, Georgia Pacific, and CNN. Atlanta is host to numerous athletic events like gymnastics, basketball, and handball. The other big sport events like the 1996 Olympics and 2000 Super Bowl were also hosted by the city. The Martin Luther King Jr. National Historic Site is in Atlanta, his hometown. It is the largest museum in the world dedicated to the famous leader of the civil rights movement. There are 41 public golf courses in Atlanta. Atlanta is a prime center for arts and entertainment. The Fox Theatre is the second largest theatre and the oldest ballet company of the nation. Atlanta Ballet, the famous summer series, is organized every year with other popular events
2 Table 1: Atlanta s largest employers: Employers Employees Employer, continued Employees Delta Air Lines 31,237 Wellstar Health Systems 13,500 Emory University / Emory Healthcare 29,937 Publix Super Markets, Inc. 9,494 Wal-Mart Stores, Inc. 20,532 USPS - Atlanta District 9,385 The Home Depot 20,000 Northside Hospital 9,016 AT&T 17,882 Coca-Cola 8,761 The Kroger Co. 14,753 United Parcel Service 8,727 Source: United States Department of Labor Career One Stop Business Finder Demographics Table 2: Atlanta-Sandy Springs-Roswell, GA population by race & ethnicity, Race/Ethnicity Population Percent White, Non-Hispanic 2,784, % Black, Non-Hispanic 1,982, % White, Hispanic 514, % Asian, Non-Hispanic 350, % All Other 236, % Source: Economic Modeling Specialists International Table 3: Atlanta-Sandy Springs-Roswell, GA population by education, : Education Level Population Percent High School Diploma 953, % Bachelor s Degree 889, % Some College 781, % Graduate Degree+ 504, % 9 th Grade to 12 th Grade 273, % Associate s Degree 270, % Less than 9 th Grade 196, % Source: Economic Modeling Specialists International 2
3 Population and labor market 2 Population: 5,710,795 Civilian labor force: 3,053,400 Unemployment rate: 4.1% (December ) Average annual pay: $56,912 (U.S. average is $53,621) Labor Inventory Atlanta s labor market is dominated by three sectors: Government, Retail Trade, and Health Care and Social Assistance, which together account for more than one-third of all jobs in the Atlanta market. Table 4: Atlanta employment by industry: Description Jobs Location Quotient Earnings Per Job Establish ments Government 343, $48,677 2,988 Retail Trade 281, $32,173 16,919 Health Care and Social Assistance 268, $53,199 14,927 Accommodation and Food Services 244, $19,336 11,769 Administrative/Support & Waste Management/Remediation 203, $42,200 10,297 Professional, Scientific, and Technical Services 189, $91,429 25,193 Manufacturing 160, $66,421 5,023 Wholesale Trade 137, $80,837 11,604 Transportation and Warehousing 133, $68,053 4,013 Construction 113, $63,072 12,283 Finance and Insurance 111, $101,539 9,025 Other Services (except Public Administration) 97, $31,991 11,787 Information 86, $100,854 3,195 Educational Services 60, $49,576 2,217 Management of Companies and Enterprises 53, $114, Real Estate and Rental and Leasing 45, $64,249 7,773 Arts, Entertainment, and Recreation 32, $32,798 2,129 2 United States Bureau of Labor Statistics, Quarterly Census of Employment and Wages 3
4 Description Jobs Location Quotient Earnings Per Job Establish ments Utilities 10, $102, Unclassified Industry 9, $62,418 10,924 Agriculture, Forestry, Fishing and Hunting 2, $35, Mining, Quarrying, and Oil and Gas Extraction 1, $82, Source: United States Bureau of Labor Statistics and Economic Modeling Specialists International Atlanta Employment by Industry Other 20% Government 13% Construction 5% Transportation and Warehousing 5% Wholesale Trade 5% Retail Trade 11% Health Care and Social Assistance 10% Manufacturing 6% Professional, Scientific & Technical 7% Administrative & Waste Managment 8% Accommodation and Food Services 10% A number of industries of particular interest to Laser and Photonics Technicians have a significant presence in Atlanta. 4
5 Table 5: Employment and wage data, select industries, Atlanta, : Description Manufacturing Jobs Location Quotient Avg. Earnings Per Job Establish ments Other Electrical Equipment and Component 4, $79, Household Appliance 3, $105, Semiconductor and Other Electronic Components 2, $68, Manufacturing and Reproducing Magnetic and Optical Media 2, $60, Commercial and service industry machinery 2, $67, Computer and Peripheral Equipment 1, $145, Electric Lighting Equipment 1, $96, Electrical Equipment 1, $111, Communications Equipment $70, Audio and Video Equipment $98, Medical equipment and supplies $51,893 4 Navigational/Measuring/Electromedical Control Instruments $114, Wholesale Trade Professional/commercial equipment merchant wholesalers 21, $104,532 1,035 Wholesale electronic markets and agents and brokers 24, $85,847 4,806 Health Care Offices of physicians 49, $84,141 4,098 Offices of dentists 16, $54,532 2,266 Medical and diagnostic laboratories 4, $60, Other Electronic and precision equipment repair and maintenance 21, $104,532 1,035 Commercial/industrial machinery and equipment rental & leasing 24, $85,847 4,806 Source: United States Bureau of Labor Statistics and Economic Modeling Specialists International 5
6 Employers We queried job postings across the internet for the word technician plus either laser, photonic, or photonics in the Atlanta market and found 639 recent postings. Employer Postings Employer, continued Postings Shaw Industries, Inc. 20 Department of Veterans Affairs 6 Main Event Entertainment 17 Southern Company 6 Pike Electric Corporation 16 Universal Hospital Services, Inc. 6 Georgia-Pacific 15 Amazon 6 CryoLife, Inc. 14 Atlanta Outpatient Surgery Center 6 HCA - The Healthcare Company 14 Lasik Vision Institute 6 Amec Foster Wheeler 14 EMORY CONFERENCE CENTER 6 Healthtronics 13 KAR Auction Services 6 Contingent Network Services 13 NuSpatial 6 AMEC 12 Advanced Technology Services 5 Koch Industries, Inc. 11 MC Machinery Systems, Inc. 5 Digirad Corporation 11 SOUTH TEXAS BLOOD & TISSUE CENTER 5 LasikPlus 11 Granite Services Inc 5 Emory Healthcare 10 Vein Clinics of America, Inc 5 LCA Vision, Inc 10 Vision Group Holdings 5 AMF BOWLING 10 Newell Rubbermaid 4 Pro Mach Inc 9 Lockheed Martin 4 Crestline Hotels 9 The Coca-Cola Company 4 blue pearl 9 Leica Geosystems 4 Jacobs Engineering 8 Fortec Medical 4 LCA-Vision / LasikPlus 8 Danaher Corporation 4 Jacobs 7 Six Flags 4 Hewlett-Packard Company 7 Christie Digital Systems Canada Inc 4 SEA, Ltd 7 Northlake Surgical Center 4 QualTex Laboratories 7 Videojet Technologies 4 Source: CEB Talent Neuron 6
7 Education and Training Relevant to Laser and Photonics Technicians Georgia Institute of Technology s Institute for Electronics and Nanotechnology At Georgia Tech, the Institute for Electronics and Nanotechnology (IEN) supports faculty-led, multidisciplinary research activities in the Colleges of Engineering and Sciences as well as the Georgia Tech Research Institute. The optics and photonics research activities can be divided into the following areas: Biophotonics: The science of generating and harnessing light to image, detect, and manipulate biological systems. It is used in medicine to study tissue and blood to detect, diagnose, and treat diseases. Diffractive and Holographic Optics: Exploiting diffraction to control optical wave fronts and thereby enable switching and information processing. Non-Linear Optics: Understand and quantify the optical phenomena associated with the effects light has on the propagation medium and to control and exploit these effects for signal processing, communications, and sensing. Optical Communication Systems: Technologies and system configurations used in the design of optical communications networks ranging from low-cost gigabit short-haul links to ultrahigh-speed long-haul systems with aggregate throughputs in excess of 1Tb/s. Optical Materials: Design, synthesis, and optimization of new materials that enable the efficient control of light. Optical Systems and Technology: Technologies and systems used to generate and detect electromagnetic energy for the purpose of imaging and sensing. Georgia Institute of Technology s Optics and Photonics Group Faculty and students in the Optics and Photonics Group are engaged in a range of basic and applied research projects, which are supported by a network of sponsors including the U.S. Army Research Office, the National Science Foundation, the Defense Advanced Research Projects Agency, the National Aeronautics and Space Administration, the Joint Services Electronics Program, and the Air Force Office of Scientific Research, and many industrial sources. Optics and Photonics research falls within the following major areas: Optical Communication Networks Nonlinear Optics Photonics and Optoelectronics Diffractive and Holographic Optics 7
8 Georgia State University s Center for Nano-Optics The prime motivation of the Center for Nano-Optics (CeNO) at Georgia State University (GSU) is to enhance research in nanoscience and nanotechnology and assure that it is positioned at or ahead of the forefront of the development in this field worldwide. The goal of the CeNO is to advance existing strengths in theoretical nanoplasmonics and ultrafast nanooptics, and also to further develop a worldclass experimental program in nanoscience and nanotechnology. 8
9 For more information on this report, contact: Trevor Stokes 9
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