Wednesday, January 24, 2007

Auburn-Opelika One-Year Industry Employment Change

The Auburn-Opelika Metro Area: One-Year Percentage Growth in Employment

The Misc. durable goods merchant wholesalers industry has witnessed the largest percentage of employment expansion, increasing by 600.0 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Auburn-Opelika has increased employment faster than the overall industry growth seen in the State of Alabama, where it saw a gain of 7.3 percent. The Misc. durable goods merchant wholesalers industry in Auburn-Opelika outpaced the nation in terms of industry employment growth . During this period, the nation gained 3.4 percent.

Top 5 Industries
1. Misc. durable goods merchant wholesalers (600.0 percent gain)
2. Drinking places, alcoholic beverages (139.2 percent gain)
3. Community care facilities for the elderly (122.5 percent gain)
4. Motor vehicle parts manufacturing (89.3 percent gain)
5. Office administrative services (65.0 percent gain)

Total industry employment has increased by 5.4 percent since the 2nd Quarter of 2005. This is greater than percent in the State of Alabama, which saw a gain of 2 percent from 2005 (2nd Quarter). The gains in the area were greater than than the gain reported at the US level of 2 percent.

The Auburn-Opelika Metro Area: One-Year Percentage Decline in Employment

The Insurance carriers industry has lost the largest amount of employment in terms of percentage, losing 28 percent of the jobs from 2005 to 2006. These have declined faster than the industry has experienced in the State of Alabama, where the industry sector experienced a gain of 1 percent. The losses in the Insurance carriers industry in Auburn-Opelika outpaced the United States industry losses overall. During this period, the United States gained 0.1 in percent of workers in the Insurance carriers industry.

Top 5 Industries
1. Insurance carriers (28 percent decline)
2. Direct selling establishments (24.2 percent decline)
3. Activities related to real estate (21.5 percent decline)
4. Machinery and supply merchant wholesalers (21.3 percent decline)
5. Jewelry, luggage, and leather goods stores (20.1 percent decline)

Total One-Year Employment Decline in the Auburn-Opelika Metro Area

The Other general merchandise stores industry experienced most substantial job loss, losing 134 jobs. The declines in the Other general merchandise stores industry make up 19.1 percent of the employment lost during the period in Auburn-Opelika, AL.

Top 5 Industries
1. Other general merchandise stores (134 jobs lost)
2. Grocery stores (97 jobs lost)
3. Gasoline stations (49 jobs lost)
4. Traveler accommodation (35 jobs lost)
5. Book, periodical, and music stores (28 jobs lost)

From the 95 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 40 showed an escalation in the number employed, while 52 industries reported employment loss in the period.

In the Auburn-Opelika, AL metro area, the entire sum of jobs in all of the industries has increased by 1,822 total jobs from 2005 to 2006.

Total One-Year Employment Growth in the Auburn-Opelika Metro Area

From the industries (4-digit NAICS) in the area, the Motor vehicle parts manufacturing industry has added the most employment with 261 new jobs created in the period. The job growth in the Motor vehicle parts manufacturing industry makes up 14.4 percent of the growth in Auburn-Opelika.

Top 5 Industries
1. Motor vehicle parts manufacturing (261 new jobs)
2. Misc. durable goods merchant wholesalers (178 new jobs)
3. Limited-service eating places (161 new jobs)
4. Community care facilities for the elderly (83 new jobs)
5. Department stores (81 new jobs)





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.

Thursday, January 11, 2007

Income and Poverty in Auburn-Opelika, AL

While household income level experienced a decline in the last five year in the Auburn-Opelika, AL metro area, the Race/Ethnicity group that went through the most dramatic decline in household income was the Asian category. This group felt a decline of 24.6 percent in the last five years. The American Indian and Alaska Native Race/Ethnicity group has been least impacted by the median income decline in Auburn-Opelika, seeing a 15.5 percent increase in household income level, since the year 2005.

The median household income in the area has declined from the values (adjusted for inflation) in 2000. The median has decreased to $35,203, posting a 2.8 percent decline. The Auburn-Opelika, AL MSA, in terms of percent of decline, ranks 8 of 10 metro area in percent of decline for income levels in the State of Alabama. Auburn-Opelika ranks 212 of 233 metro area in terms of the decline in median household income in the United States.

The poverty rate in the Auburn-Opelika, AL Metro has declined by 0.4 percent from the levels reported in the Decennial Census of 2000, moving from 21.8 percent to 21.4 percent.

Compared to other MSAs throughout the nation, the Auburn-Opelika metro area had a relatively low household income of $36,214 (Adjusted to 2005 Dollars). This figure is 10.3 percent lower than the median in Alabama of $39,938 and this is 35.7 percent lower than the median household income level in the US of $49,133.

In Auburn-Opelika, AL White householders had a median household income (in 2005 Dollars) of $40,020 as reported by the Decennial Census of 2000, which was 10.5 percent greater than the median household income in 2000. Hispanic Householders in Auburn-Opelika, AL recorded a median income of $25,816, this income level is 28.7 percent less than the median reported for all households in the area. The households that were headed by an American Indian and Alaska Native individual in Auburn-Opelika had a median income of $27,300, this median was 24.6 percent less than the median level for total households in the area. Black or African American householders reported a median household income that was 25.9 percent less than the all population median published in the 2000 Census, with a median of $26,821. It was reported in 2000 that the Asian headed households had median household incomes of $35,804. This income level is 1.1 percent less than the reported median for all households in the area.

Evaluated with other MSAs across the nation, the Auburn-Opelika metro area may be understood as having a very high poverty rate amid the residents with a poverty rate of 21.8 percent of the individuals existing in families with incomes under the poverty level in 1999. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 28.6 percent of the 2000 residents living in poverty. People aged 18 to 64 years have the most percent of people living in poverty in Auburn-Opelika, accounting 24.9 percent of this demographic group living with incomes under poverty.

Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.

 

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