Tuesday, February 27, 2007

Logan County Industry Wages Lag Behind Arkansas, and Wages Lag Behind the United States


(Click Image to Enlarge Graph)



Wages in all industries in Logan County, Arkansas can be understood as being medium-low when compared to other Counties throughout the state in the 2nd quarter of 2006. The industry wages are 24.3 percent lower than the state, which accounted an average of $30,584. The industry pay was less than the US average pay of $40,259.

About: These facts are part of 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.

Friday, February 23, 2007

Logan County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Logan County

The Limited-service eating places industry has accounted the most employment growth with a total of 49 jobs added during the time period. These new jobs in the Limited-service eating places industry makes up 28.3 percent of the total employment growth in Logan County.

Top 5 Industries
1. Limited-service eating places (49 new jobs)
2. Individual and family services (37 new jobs)
3. Offices of physicians (16 new jobs)
4. Building equipment contractors (15 new jobs)
5. Child day care services (14 new jobs)

Total Five-Year Employment Decline in Logan County

Of the area's industries (4-digit NAICS), the Nonresidential building construction industry faced the greatest employment loss with a total loss of 36 jobs during the period. The employment lost in the Nonresidential building construction industry make up 37.9 percent of the employment lost during the period in Logan County, Arkansas.

Top 5 Industries
1. Nonresidential building construction (36 jobs lost)
2. Automobile dealers (20 jobs lost)
3. Automotive repair and maintenance (12 jobs lost)
4. General freight trucking (11 jobs lost)
5. Depository credit intermediation (10 jobs lost)

Out of the 22 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 7 reported job growth in the duration of the last five years and 15 industries reported a drop in employment.

In Logan County, Arkansas, the total number of workers for all sectors has decreased by 17 jobs from mid-2001 to mid-2006.

Employment for all industries has decreased by 0.4 percent from the reported values in 2001. These values are greater than growth in the State of Arkansas, which went through a gain of 3.0 percent since the 2nd Quarter of 2001. The losses the area experienced were greater than than the gain seen for the United States of 2.6 percent.

Logan County Five-Year Percentage Decline in Employment

The Nonresidential building construction industry has lost the largest percent of jobs, losing 54 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has felt in the State of Arkansas, where the industry sector experienced a loss of 6.9 percent. The losses in the Nonresidential building construction industry in Logan County outpaced the United States industry losses overall. During this period, the United States lost 1.6 percent in terms of employment in the Nonresidential building construction industry.

Top 5 Industries
1. Nonresidential building construction (54 percent decline)
2. Machinery and supply merchant wholesalers (25 percent decline)
3. General freight trucking (24.6 percent decline)
4. Automobile dealers (22.1 percent decline)
5. Automotive repair and maintenance (21.9 percent decline)

Logan County Five-Year Percentage Growth in Employment

The Individual and family services industry has witnessed the largest percentage of employment expansion, increasing by 254.5 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Logan County has added employment faster than the industry has grown in the State of Arkansas, where this industry saw a gain of 90.9 percent. The Individual and family services industry in Logan County outpaced the nation in terms of industry employment growth . During this period, the nation gained 35 percent in this industry.

Top 5 Industries
1. Individual and family services (254.5 percent gain)
2. Electronics and appliance stores (90.5 percent gain)
3. Building equipment contractors (71.9 percent gain)
4. Child day care services (68.9 percent gain)
5. Nondepository credit intermediation (62.1 percent gain)





About: This report is part 2 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.

 

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