Faulkner County One-Year Industry Employment Change

Faulkner County One-Year Percentage Decline in Employment

The Farm product raw material merch. whls. industry has seen the largest percentage drop in employment, losing 4.1 percent of the jobs from 2005 to 2006. These have declined slower than the industry sector has gone through in the Arkansas, where the it saw a loss of 9.3 percent. The losses in the Farm product raw material merch. whls. industry in Faulkner County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 1.3 in percent of jobs in the Farm product raw material merch. whls. industry.

Top 1 Industries
1. Farm product raw material merch. whls. (4.1 percent decline)

Employment for all industries has increased by 6.5 percent since the 2nd Quarter figures of 2005. This change is greater than percent in the State of Arkansas, which saw a gain of 2.3 percent from the 2nd Quarter of 2005. The gains the area experienced were greater than than the gain reported at the US level of 2.0 percent.

Faulkner County One-Year Percentage Growth in Employment

The Full-service restaurants industry has experienced the largest percentage growth, expanding by 129.3 percent from 2005 to 2006. This industry in Faulkner County has grow faster than the industry has grown in the State of Arkansas, where this industry saw a gain of 9.2 percent. The Full-service restaurants industry in Faulkner County outpaced the national average, which felt a gained 2.2 percent.

Top 1 Industries
1. Full-service restaurants (129.3 percent gain)

Total One-Year Employment Growth in Faulkner County

Out of the 4-digit NAICS industries, the Full-service restaurants industry has brought the most jobs with a total of 18 new jobs created in the period. The job growth in the Full-service restaurants industry makes up 98.1 percent of the total employment growth in Faulkner County.

Top 1 Industries
1. Full-service restaurants (18 new jobs)

In Faulkner County, Arkansas, the entire sum of jobs in all industries overall has increased by 25 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Total One-Year Employment Decline in Faulkner County

Given the industries in the area, the Farm product raw material merch. whls. industry experienced most substantial job loss, losing 2 jobs in that time period. The declines in the Farm product raw material merch. whls. industry make up 100.0 percent of the employment lost during the period in Faulkner County, Arkansas.

Top 1 Industries
1. Farm product raw material merch. whls. (2 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.

Income and Poverty in Faulkner County, Arkansas

As the median household income witnessed a decline during the period of 2000 to 2005 in Faulkner County, Arkansas, the Race/Ethnicity group that experienced the largest decline in median household income was the American Indian and Alaska Native category. This group felt a decline of 1259968.2 percent since 2000. The Hispanic population group was least impacted by the household income decline in Faulkner County, encountering a 71.3 percent increase in median income, since the values reported in the 2000 Decennial Census.

The rate of poverty in Faulkner County, Arkansas has increased by 0.7 percent since the amounts published in 2000, moving from 12.5 percent to 13.2 percent.

When compared to other counties (and parishes) throughout the United States, Faulkner County reported a medium-high household income of $44,699 (2005 Dollars). The income level is 15.8 percent higher than the median in State of Arkansas of $37,653 and the median household income is 9.9 percent lower than the median household income level in the US of $49,133.

Hispanic Householders in Faulkner County, Arkansas recorded a median income of $36,833, this income level is 17.6 percent less than reported value of the areas total household median income for all households. The American Indian and Alaska Native householders in Faulkner County had a median household income level of $52,916, this median was 18.4 percent greater than the median for all households. It was reported in 2000 that the Asian headed households had median household incomes of $44,850. This household income level is 0.3 percent greater than the reported median household income, in the area, for all households. In Faulkner County, Arkansas White householders had a median household income (in 2005 Dollars) of $46,233 as reported in 2000 by the census, which was 3.4 percent greater than the median household income in 2000. Black or African American headed households had a median household income that was 33.1 percent less than the all population median published in the 2000 Census, with a median of $29,915.

When compared to other counties (or parishes) across the United States, Faulkner County, Arkansas can be considered to have a medium-low poverty rate amongst the population, with a poverty rate of 12.5 percent of the individuals existing in families with incomes under the poverty level in 1999. The Black or African American race/ethnicity population category, holds the highest rate of poverty with 26.7 percent of the 2000 population living in poverty. People that are of the age Under 5 years have the most percent of people living in poverty in Faulkner County, with 17 percent of this age group in the area living in poverty.

The median household income in the area has declined from the inflation-adjusted values in 2000. The income level has decreased to $42,646, which represents a 4.6 percent decline. Faulkner County, Arkansas, when analyzing percentage of decline, ranks 6 of 9 counties in percent of decline for median household income in the State of Arkansas. Faulkner County ranks 483 of 668 counties (or parishes) when analyzing the decline in median household income in the United States.

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