Monday, January 22, 2007

Pike County One-Year Industry Employment Change

Pike County One-Year Percentage Decline in Employment

The Services to buildings and dwellings industry has lost the largest percent of jobs, losing 50.8 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Alabama, where the it saw a gain of 4.6 percent. The losses in the Services to buildings and dwellings industry in Pike County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 3.1 in percent of jobs in the Services to buildings and dwellings industry.

Top 5 Industries
1. Services to buildings and dwellings (50.8 percent decline)
2. Specialized freight trucking (22.7 percent decline)
3. Accounting and bookkeeping services (20.7 percent decline)
4. Health and personal care stores (13.4 percent decline)
5. Other support services (12.5 percent decline)

The total number of jobs has increased by 1.4 percent from the reported values in 2005. These values are less than growth in the State of Alabama, which saw a gain of 2.0 percent since the 2nd Quarter of 2005. The gains in the area were less than than the gain experienced overall in the US of 2.0 percent.

Pike County One-Year Percentage Growth in Employment

The Activities related to real estate industry has witnessed the largest percentage of employment expansion, increasing by 80.8 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Pike County has increased employment faster than the industry job growth experienced in Alabama, where it saw a gain of 5.5 percent. The Activities related to real estate industry in Pike County outpaced the national average, which felt a gained 4.1 percent in this industry.

Top 5 Industries
1. Activities related to real estate (80.8 percent gain)
2. Private households (28.6 percent gain)
3. Special food services (23.9 percent gain)
4. Building equipment contractors (20.2 percent gain)
5. Other professional and technical services (18.1 percent gain)

Total One-Year Employment Growth in Pike County

The Residential mental health facilities industry has added the most employment with 33 new jobs created in the period. The job growth in the Residential mental health facilities industry makes up 17.6 percent of the growth in Pike County.

Top 5 Industries
1. Residential mental health facilities (33 new jobs)
2. Special food services (25 new jobs)
3. Building equipment contractors (23 new jobs)
4. Gasoline stations (21 new jobs)
5. General freight trucking (21 new jobs)

In Pike County, Alabama, the total number of jobs throughout all industries has increased by 91 total jobs from 2005 to 2006.

Out of the 48 4-digit NAICS industries, 20 accounted an for increase in employment during the period and 26 industry sectors reported declines during the time period.

Total One-Year Employment Decline in Pike County

From of the area's 4-digit NAICS industries, the Services to buildings and dwellings industry experienced most substantial job loss, losing 31 jobs during the period. The employment lost in the Services to buildings and dwellings industry make up 22.5 percent of the jobs lost during the period in Pike County, Alabama.

Top 5 Industries
1. Services to buildings and dwellings (31 jobs lost)
2. Specialized freight trucking (27 jobs lost)
3. Full-service restaurants (16 jobs lost)
4. Depository credit intermediation (15 jobs lost)
5. Health and personal care stores (9 jobs lost)





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.

Wednesday, January 10, 2007

Income and Poverty in Pike County, Alabama

When put side-by-side with other counties (or parishes) throughout the United States, Pike County, Alabama may be understood as having a relatively high rate of poverty among the people, accounting a rate of 23.1 percent of people living in a family with an income below the poverty level in 1999. The Hispanic race/ethnicity population cohort, has the uppermost poverty rate with 51.2 percent of the 2000 residents living in poverty. People aged Under 5 years are experiencing most percent people in poverty in Pike County, with 38.3 percent of this age group in the area living in poverty.

When analyzed against other counties (and parishes) in the US, Pike County had a relatively low median household income of $29,895 (2005 Dollars). The income level is 33.6 percent lower than the household income median in State of Alabama of $39,938 and the median is 64.4 percent lower than the median household income in the United States of $49,133.

The Asian householders in the area have reported their median household incomes at $9,506. This median income level is 68.2 percent less than the reported median household income for all households in the area. In Pike County, Alabama White householders had a median household income (in 2005 Dollars) of $37,640 as reported by the Decennial Census of 2000, which was 25.9 percent greater than the median in 2000. Black or African American headed households had median income levels that were 36 percent less than the overall median reported in 2000, with a reported median of $19,145. Hispanic headed households in Pike County, Alabama reported a median household income of $9,653, this income level is 67.7 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 Pike County reported a median household income of $42,779, which was 43.1 percent greater than the median level for total households in the area.







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

 

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