Tuesday, February 27, 2007

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


(Click Image to Enlarge Graph)



The overall industry wages in Nevada County, Arkansas when analyzed can be understood as being relatively high when compared to other Counties throughout the state in the 2nd quarter of 2006. The industry wages are 4.2 percent lower than the with an state average of $30,584. The industry pay was less than the industry average in the US 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

Nevada County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Nevada County

The Gasoline stations industry has brought the most jobs with a total of 120 total jobs brought in during the period. The growth in the Gasoline stations industry makes up 70.2 percent of the total growth in Nevada County.

Top 3 Industries
1. Gasoline stations (120 new jobs)
2. General freight trucking (45 new jobs)
3. Professional and similar organizations (6 new jobs)

In Nevada County, Arkansas, the entire sum of jobs in all industries overall has increased by 375 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Decline in Nevada County

The Full-service restaurants industry faced the greatest employment loss with a total loss of 39 jobs during the time period. The jobs lost in the Full-service restaurants industry make up 65.6 percent of the total employment decline in Nevada County, Arkansas.

Top 3 Industries
1. Full-service restaurants (39 jobs lost)
2. Grocery stores (17 jobs lost)
3. Building equipment contractors (4 jobs lost)

Of the 6 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 3 showed an escalation in the number employed, while 3 industry sectors accounting for employment declines during that time period.

Total employment has increased by 21.5 percent from 2001 (2nd Quarter). These figures are greater than percent in the State of Arkansas, which saw a gain of 3.0 percent from the 2nd Quarter of 2001. The gains felt were greater than than the gain experienced overall in the US of 2.6 percent.

Nevada County Five-Year Percentage Growth in Employment

The General freight trucking industry has witnessed the largest percentage of employment expansion, increasing by 1116.7 percent from 2001 to 2006. This industry in Nevada County has increased employment faster than the industry has grown in the State of Arkansas, where the industry took a gain of 12.8 percent. The General freight trucking industry in Nevada County outpaced the nation in terms of industry employment growth . During this period, the nation gained 0.2 percent of the employment in this industry.

Top 3 Industries
1. General freight trucking (1116.7 percent gain)
2. Gasoline stations (174.8 percent gain)
3. Professional and similar organizations (73.1 percent gain)

Nevada County Five-Year Percentage Decline in Employment

The Full-service restaurants industry has lost the biggest percent of jobs, losing 44.5 percent of the jobs from the 2nd quarter of 2001 to 2nd quarter of 2006. The losses of the area have declined faster than the industry sector has gone through in the Arkansas, where the industry felt a gain of 19.5 percent. The losses in the Full-service restaurants industry in Nevada County outpaced the US in terms of percent of decline of industry employment. The US gained 13.2 in percent of workers in the Full-service restaurants industry.

Top 3 Industries
1. Full-service restaurants (44.5 percent decline)
2. Building equipment contractors (37.9 percent decline)
3. Grocery stores (29.2 percent decline)





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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