Wednesday, January 24, 2007

Birmingham-Hoover One-Year Industry Employment Change

In the Birmingham-Hoover, AL metro area, the aggregate employment for all industry sectors has increased by 6,235 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Given the 132 industries with industry data reported by the BLS in each quarter, 52 showed an escalation in the number employed, while 79 industry sectors reported declines during the time period.

Total One-Year Employment Growth in the Birmingham-Hoover Metro Area

Out of the 4-digit NAICS industries, the Employment services industry has grown the most with 1,044 new jobs created in the period. The job growth in the Employment services industry makes up 12.5 percent of the total employment growth in Birmingham-Hoover.

Top 5 Industries
1. Employment services (1,044 new jobs)
2. Sporting goods and musical instrument stores (715 new jobs)
3. Insurance carriers (433 new jobs)
4. Nonresidential building construction (377 new jobs)
5. Limited-service eating places (376 new jobs)

Total One-Year Employment Decline in the Birmingham-Hoover Metro Area

Of the area's industries (4-digit NAICS), the Grocery stores industry has lost the most employment with a total loss of 991 jobs in that time period. The declines in the Grocery stores industry make up 17.6 percent of the total employment decline in Birmingham-Hoover, AL.

Top 5 Industries
1. Grocery stores (991 jobs lost)
2. General medical and surgical hospitals (985 jobs lost)
3. Grantmaking and giving services (401 jobs lost)
4. Department stores (395 jobs lost)
5. Other general merchandise stores (273 jobs lost)

Total industry employment has increased by 1.5 percent since the 2nd Quarter figures of 2005. This change is less than growth in the State of Alabama, which went through a gain of 2 percent since the 2nd Quarter of 2005. The gains felt were less than than the gain reported at the US level of 2 percent.

The Birmingham-Hoover Metro Area: One-Year Percentage Decline in Employment

The Grantmaking and giving services industry has lost the largest amount of employment in terms of percentage, losing 54.3 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has felt in the State of Alabama, where the industry reported a loss of 31.4 percent. The losses in the Grantmaking and giving services industry in Birmingham-Hoover outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 0.2 percent in terms of employees in the Grantmaking and giving services industry.

Top 5 Industries
1. Grantmaking and giving services (54.3 percent decline)
2. Other general purpose machinery manufacturing (16.9 percent decline)
3. Steel product mfg. from purchased steel (12.7 percent decline)
4. Spring and wire product manufacturing (12.3 percent decline)
5. Other ground passenger transportation (11.5 percent decline)

The Birmingham-Hoover Metro Area: One-Year Percentage Growth in Employment

The Coating, engraving, and heat treating metals industry has witnessed the largest percentage of employment expansion, increasing by 46.8 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Birmingham-Hoover has increased employment faster than the growth seen in the industry for Alabama, where the industry felt a gain of 11.9 percent. The Coating, engraving, and heat treating metals industry in Birmingham-Hoover outpaced the United States, which experienced a gained 2.2 percent of the employment in this industry.

Top 5 Industries
1. Coating, engraving, and heat treating metals (46.8 percent gain)
2. Basic chemical manufacturing (46.6 percent gain)
3. Sporting goods and musical instrument stores (43.3 percent gain)
4. Support activities for animal production (32.9 percent gain)
5. Nonscheduled air transportation (23.8 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.

Thursday, January 11, 2007

Income and Poverty in Birmingham-Hoover, AL

When compared to other Metro Areas throughout the United States, the Birmingham-Hoover metro area reported a medium-high median household income of $45,955 (2005 Dollars). The income level is 13.1 percent higher than the median income in State of Alabama of $39,938 and the median household income is 6.9 percent lower than the median in the US, which is $49,133.

Evaluated with other MSAs across the nation, the Birmingham-Hoover metro area can be understood to have a medium-high poverty rate amid the residents with a poverty rate of 13.1 percent of the population with family incomes below the 1999 poverty level. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 25.8 percent of the 2000 population living in poverty. People that are of the age 5 years have the most percent of people living in poverty in Birmingham-Hoover, reporting 18.8 percent of this demographic group living with incomes under poverty.

The household income has declined from the 2000 values (inflation adjusted). The median income has decreased to $43,802, which amounts to a 4.7 percent decline. The Birmingham-Hoover, AL MSA, when analyzing percentage of decline, ranks 7 of 10 metro area in percent of decline for income levels in the State of Alabama. Birmingham-Hoover ranks 183 of 233 metro area in terms of the decline in median household income in the United States.

The American Indian and Alaska Native householders in Birmingham-Hoover reported a median household income of $48,047, this level was 4.6 percent greater than the median level for total households in the area. In Birmingham-Hoover, AL White headed households reported household income (in 2005 Dollars) of $53,645 according to the Decennial Census of 2000, which was 16.7 percent greater than the median in 2000. The Asian householders in the area have reported their median household incomes at $57,363. This median is 24.8 percent greater than the reported median household income, in the area, for all households. Black or African American headed households had median income levels that were 34.3 percent less than the overall reported level in 2000, with a reported median of $30,180. Hispanic households in Birmingham-Hoover, AL , according to the 2000 census, had a median household income of $38,303, this income level is 16.7 percent less than reported value of the areas total household median income for all households.

The poverty rate in the Birmingham-Hoover, AL Metro has increased by 0.2 percent from the rates reported in the Decennial Census, moving from 13.1 percent to 13.3 percent.

While the median household income saw a decline from 2000 to 2005 in the Birmingham-Hoover, AL metro area, the Race/Ethnicity group that experienced the largest decline in median income was the Hispanic Race/Ethnicity category. This group experienced a decline of 40.5 percent since the year 2000. The Asian Race/Ethnicity category has been least effected by the income level decline in Birmingham-Hoover, undergoing a 64.3 percent increase in household income, since the reported levels in 2000.

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

 

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