Lake and Peninsula Borough One-Year Industry Employment Change

Total One-Year Employment Decline in Lake and Peninsula Borough

Given the industries in the area, the Other wood product manufacturing industry witnessed the largest drop in employment, losing a total of 89 jobs during the period. The employment lost in the Other wood product manufacturing industry make up 36.5 percent of the total employment decline in Lake and Peninsula Borough, Alaska.

Top 5 Industries
1. Other wood product manufacturing (89 jobs lost)
2. Architectural and structural metals mfg. (45 jobs lost)
3. Full-service restaurants (25 jobs lost)
4. Specialized freight trucking (18 jobs lost)
5. Nonresidential building construction (15 jobs lost)

In Lake and Peninsula Borough, Alaska, the entire sum of jobs in all industries overall has increased by 537 jobs from mid-2005 to mid-2006.

Total One-Year Employment Growth in Lake and Peninsula Borough

Out of the 4-digit NAICS industries, the Motor vehicle body and trailer manufacturing industry has accounted the most employment growth with a total of 495 employees finding new jobs in the industry. The employment growth in the Motor vehicle body and trailer manufacturing industry makes up 62.7 percent of the growth in Lake and Peninsula Borough.

Top 5 Industries
1. Motor vehicle body and trailer manufacturing (495 new jobs)
2. Depository credit intermediation (71 new jobs)
3. Specialty food stores (42 new jobs)
4. Limited-service eating places (26 new jobs)
5. Gasoline stations (20 new jobs)

Out of the 51 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 23 described an expansion of jobs throughout the time period, while 27 industries reported employment loss in the period.

Lake and Peninsula Borough One-Year Percentage Decline in Employment

The Nonresidential building construction industry has lost the biggest percent of jobs, losing 33.1 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Alaska, where the industry felt a loss of 6.5 percent. The losses in the Nonresidential building construction industry in Lake and Peninsula Borough outpaced the United States industry losses overall. During this period, the United States gained 6.1 in percent of jobs in the Nonresidential building construction industry.

Top 5 Industries
1. Nonresidential building construction (33.1 percent decline)
2. Specialized freight trucking (31.7 percent decline)
3. Traveler accommodation (15 percent decline)
4. Drycleaning and laundry services (13.5 percent decline)
5. Other general merchandise stores (12.9 percent decline)

The total number of jobs has increased by 4.9 percent from the reported values in 2005. These values are greater than growth in the State of Alaska, which went through a gain of 3.0 percent from 2005 (2nd Quarter). The gains were greater than than the gain experienced overall in the US of 2.0 percent.

Lake and Peninsula Borough One-Year Percentage Growth in Employment

The Specialty food stores industry has gone through the largest job growth by percent, increasing by 116.5 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Lake and Peninsula Borough has increased employment faster than the industry has grown in the State of Alaska, where this industry saw a gain of 18.6 percent. The Specialty food stores industry in Lake and Peninsula Borough outpaced the US in terms of percent growth of industry employment. During this period, the US lost 2 percent of the employment in this industry.

Top 5 Industries
1. Specialty food stores (116.5 percent gain)
2. Office supplies, stationery, and gift stores (49.1 percent gain)
3. Depository credit intermediation (38.4 percent gain)
4. Motor vehicle body and trailer manufacturing (29.4 percent gain)
5. Services to buildings and dwellings (27.6 percent gain)





About: This report is part 1 of 6 in the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

Income and Poverty in Lake and Peninsula Borough, Alaska

Contrasted against to other counties (or parishes) throughout the US, Lake and Peninsula Borough, Alaska can be understood to have a relatively high poverty rate amongst the population, with a poverty rate of 18.9 percent of the population with family incomes below the 1999 poverty level. The Asian race/ethnicity population cohort, has the uppermost poverty rate with 37.5 percent of the 2000 population living in poverty. People that are of the age 75 years and over are experiencing most percent people in poverty in Lake and Peninsula Borough, with 28.6 percent of this age cohort living in poverty.

Compared to other counties (and parishes) throughout the nation, Lake and Peninsula Borough had a medium-high median household income of $42,637 (2005 Dollars). This median is 41.5 percent lower than the median in Alaska of $60,338 and the median is 15.2 percent lower than the median household income in the United States of $49,133.

Hispanic households in Lake and Peninsula Borough, Alaska , according to the 2000 census, had a median household income of $36,563, this median is 14.2 percent less than the median reported for all households in the area. The Asian householders in the area have reported their median household incomes at $33,150. This median income level is 22.3 percent less than the all households reported median in the area. In Lake and Peninsula Borough, Alaska White householders had a median household income (in 2005 Dollars) of $48,417 according to the 2000 Dencennial Census, which was 13.6 percent greater than the median in the year 2000. The American Indian and Alaska Native householders in Lake and Peninsula Borough had a median household income level of $37,616, this was 11.8 percent less than the median income level in this area.







Datasource: U.S. Bureau of the Census. 2000 Decennial Census.