Wednesday, March 21, 2007

In Sebastian County, jobs in the securities and commodity contracts brokerage pay the highest wages


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Jobs in the securities and commodity contracts brokerage industry paid the average highest wages in Sebastian County for the 2nd quarter of 2006. The average worker in the industry in Sebastian County was paid an annual wage of $95,336 in 2006. The average wage is greater than the industry wage rate in Arkansas of $83,874 and less than then the pay for jobs in this industry across the nation of $138,150.

Other high-paying jobs in Sebastian County, Arkansas are present in druggists' goods merchant wholesalers ($94,662), oil and gas extraction ($68,459), offices of physicians ($68,117) and support activities for mining ($64,032) industries. Note: Click the above Graphic for Detail Comparison

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, March 09, 2007

Sebastian County Wages have increased by 14.9% Since 2001


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Since 2001, industry wages increased in Sebastian County, Arkansas by a total of 14.9%. This is less than the growth in industry wages for the State of Arkansas and less than the growth in industry wages for the nation as a whole.

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.

Tuesday, February 27, 2007

Sebastian County Industry Wages Exceed Arkansas, but Wages Lag Behind the United States


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Total wages in all industries in Sebastian County, Arkansas when analyzed can be understood as being relatively high when analyzed with other Counties in the state. The overall wages are 2.7 percent higher than the state, which was reported to be $30,584. The overall industry wage 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

Sebastian County Five-Year Industry Employment Change

From the 114 industries with industry data reported by the BLS in each quarter, 48 reported job growth in the duration of the last five years and 66 industries reported a drop in employment.

In Sebastian County, Arkansas, the aggregate employment for all industry sectors has decreased by 169 total jobs from 2001 to 2006.

Total Five-Year Employment Decline in Sebastian County

Of the area's industries (4-digit NAICS), the Household and institutional furniture mfg. industry experienced most substantial job loss, losing 896 jobs during the period. The employment lost in the Household and institutional furniture mfg. industry make up 28.3 percent of the total employment decline in Sebastian County, Arkansas.

Top 5 Industries
1. Household and institutional furniture mfg. (896 jobs lost)
2. Business support services (366 jobs lost)
3. Gasoline stations (184 jobs lost)
4. Depository credit intermediation (141 jobs lost)
5. Highway, street, and bridge construction (132 jobs lost)

Total Five-Year Employment Growth in Sebastian County

The Support activities for mining industry has added the most employment with 339 total jobs brought in during the period. The growth in the Support activities for mining industry makes up 8.8 percent of the total number of new jobs in Sebastian County.

Top 5 Industries
1. Support activities for mining (339 new jobs)
2. Full-service restaurants (263 new jobs)
3. Building material and supplies dealers (251 new jobs)
4. Investigation and security services (212 new jobs)
5. Employment services (186 new jobs)

Sebastian County Five-Year Percentage Growth in Employment

The Medical equipment and supplies manufacturing industry has experienced the largest percentage growth, expanding by 248.1 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Sebastian County has increased employment faster than the industry has grown in the State of Arkansas, where the industry took a loss of 9.6 percent. The Medical equipment and supplies manufacturing industry in Sebastian County outpaced the national average, which felt a lost 1.7 percent.

Top 5 Industries
1. Medical equipment and supplies manufacturing (248.1 percent gain)
2. Special food services (147.9 percent gain)
3. Machine shops and threaded product mfg. (133.6 percent gain)
4. Electronic markets and agents and brokers (118.8 percent gain)
5. Furniture stores (118.3 percent gain)

Sebastian County Five-Year Percentage Decline in Employment

The Business support services industry has lost the largest amount of employment in terms of percentage, losing 75.7 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has experienced in the State of Arkansas, where the it saw a loss of 1.3 percent. The losses in the Business support services industry in Sebastian County outpaced the United States industry losses overall. During this period, the United States gained 0.8 percent in terms of employees in the Business support services industry.

Top 5 Industries
1. Business support services (75.7 percent decline)
2. Office administrative services (64.2 percent decline)
3. Other fabricated metal product manufacturing (57.7 percent decline)
4. Securities and commodity contracts brokerage (52 percent decline)
5. Household and institutional furniture mfg. (49.7 percent decline)

Total industry employment has decreased by 0.2 percent from the reported values in 2001. These values are greater than percent in Arkansas, which went through a gain of 3.0 percent since the 2nd Quarter of 2001. The losses in the area were greater than than the gain experienced overall in the US of 2.6 percent.





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.

Monday, January 22, 2007

Sebastian County One-Year Industry Employment Change

Total One-Year Employment Decline in Sebastian County

The Chemical merchant wholesalers industry faced the greatest employment loss with a total loss of 18 jobs in that time period. The declines in the Chemical merchant wholesalers industry make up 30.6 percent of the jobs lost during the period in Sebastian County, Arkansas.

Top 5 Industries
1. Chemical merchant wholesalers (18 jobs lost)
2. Gasoline stations (17 jobs lost)
3. Support activities for crop production (7 jobs lost)
4. Private households (6 jobs lost)
5. Unclassified (4 jobs lost)

Given the 26 4-digit NAICS industries, 10 accounted an for increase in employment during the period and 16 industries reported a drop in employment.

In Sebastian County, Arkansas, the total number of jobs throughout all industries has increased by 172 total jobs from 2005 to 2006.

Total One-Year Employment Growth in Sebastian County

The Support activities for mining industry has brought the most jobs with a total of 34 employees finding new jobs in the industry. The employment growth in the Support activities for mining industry makes up 31.8 percent of the total growth in Sebastian County.

Top 5 Industries
1. Support activities for mining (34 new jobs)
2. Home health care services (15 new jobs)
3. Services to buildings and dwellings (10 new jobs)
4. Machine shops and threaded product mfg. (10 new jobs)
5. Other specialty trade contractors (9 new jobs)

Sebastian County One-Year Percentage Decline in Employment

The Unclassified industry has seen the largest percentage drop in employment, losing 68.4 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Arkansas, where the industry reported a gain of 2.7 percent. The losses in the Unclassified industry in Sebastian County outpaced the United States industry losses overall. During this period, the United States gained 12.1 percent in terms of employees in the Unclassified industry.

Top 5 Industries
1. Unclassified (68.4 percent decline)
2. Lessors of real estate (33.3 percent decline)
3. Chemical merchant wholesalers (22 percent decline)
4. Private households (21.8 percent decline)
5. Gasoline stations (21.3 percent decline)

Sebastian County One-Year Percentage Growth in Employment

The Services to buildings and dwellings industry has experienced the largest percentage growth, expanding by 103.6 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Sebastian County has grow faster than the industry has grown in the State of Arkansas, where the industry felt a gain of 2.7 percent. The Services to buildings and dwellings industry in Sebastian County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 3.1 percent.

Top 5 Industries
1. Services to buildings and dwellings (103.6 percent gain)
2. Other professional and technical services (53.3 percent gain)
3. Machine shops and threaded product mfg. (26.1 percent gain)
4. Home health care services (18.4 percent gain)
5. Other specialty trade contractors (10.8 percent gain)

Total industry employment has increased by 4.1 percent from 2005 (2nd Quarter). These figures are greater than percent in the State of Arkansas, which went through a gain of 2.3 percent from 2005 (2nd Quarter). The gains in the area were greater than than the gain seen for the United States of 2.0 percent.





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 Sebastian County, Arkansas

When compared to other counties (and parishes) throughout the United States, Sebastian County reported a medium-high median household income of $39,650 (2005 Dollars). The income level is 5 percent higher than the median in Arkansas of $37,653 and the income level is 23.9 percent lower than the median household income in the United States of $49,133.

In Sebastian County, Arkansas White householders had a median household income (in 2005 Dollars) of $41,375 according to the 2000 Dencennial Census, which was 4.4 percent greater than the median household income in 2000. Black or African American householders reported a median household income that was 23.7 percent less than the overall median reported in 2000, with a reported median of $30,235. The American Indian and Alaska Native householders in Sebastian County reported an income level of $32,063, this was 19.1 percent less than the areas median level for all households. Hispanic headed households in Sebastian County, Arkansas , as reported in 2000, had a median household income of $29,621, this median household income is 25.3 percent less than reported value of the areas total household median income for all households. It was reported in 2000 that the Asian headed households had median household incomes of $40,801. This median is 2.9 percent greater than the reported median for all households in the area.

The poverty rate in Sebastian County, Arkansas has increased by 2.8 percent since the amounts published in 2000, moving from 13.6 percent to 16.4 percent.

The areas median household income has declined from the inflation-adjusted values in 2000. The income level has decreased to $33,932, which amounts to a 14.4 percent decline. Sebastian County, Arkansas, in terms of percentage of decline, ranks 1 of 9 counties in percent of decline for income levels in the State of Arkansas. Sebastian County ranks 62 of 668 counties (or parishes) in terms of the decline in household income across the nation.

When compared to other counties (or parishes) across the United States, Sebastian County, Arkansas may be understood as having a medium-high poverty rate amongst the population, with a poverty rate of 13.6 percent with a family income under the 1999 poverty level. The Hispanic race/ethnicity demographic group, represents the largest rate of poverty with 31.9 percent of the people in 2000 living in poverty. The population that is aged Under 5 years have the largest percent of population in poverty in Sebastian County, reporting 25 percent of this age cohort living in poverty.

As the median income level saw a decline in the last five year in Sebastian County, Arkansas, the Race/Ethnicity category that felt the biggest decline in median household income was the Black or African American category. This group felt a decline of 54.7 percent since the year 2000. The White Race/Ethnicity group has been least impacted by the median income decline in Sebastian County, seeing a 11.4 percent decline in household income level, since the year 2005.

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

Monday, December 18, 2006

Higher Education in Sebastian County, Arkansas

In Sebastian County, Arkansas as reported in the Census of the year 2000, 18.2 percent of the White Alone, 7.8 percent of Black or African American, 7.2 percent of the Asian alone and 4.6 percent of the Hispanic or Latino (+25) has achieved at least a Bachelors Degree.

Sebastian County, Arkansas has a moderately-educated population, with 16.6 percent of the population (+25) having received a BA or higher, as reported the 2000 Decennial Census. Sebastian was reported to have a lower percent of highly educated individuals than the State of Arkansas's proportion of 16.6 percent and a lower percent than the average across the nation of 24.4 percent.

According to the 2000 Decennial Census in Sebastian County, Arkansas, the largest educational attainment category for men is the High School Diploma category, with 30 percent achieving this level. The female population in Sebastian on average have achieved a lower level of higher education (Bachelors or Higher) than men -- 18.2 percent (Men) versus 15.2 percent (Women). A high proportion of the female population in the area has reached the High School Diploma, with 32.2 percent of the women population in the area achieving this level of education.

From 2000, Sebastian has increased in the percent of the total population (+25) with a BA or Higher. The portion of this population has grown by 0.8 percent to a total of 17.4 in 2005, according to the American Community Survey. The 2005 proportion of highly educated population is less than the State of Arkansas percent of 18.8 and less than the national percent of 27.2.

Between 2000 and 2005, the percent of the male population that can be understood as highly educated has increased by 1.6 percent. By 2005, 19.6 percent of area's male population (+25) achieved a BA or Higher. During the same period, the percent of women (+25) that have earned a BA or higher has increased by a total of 0.2 percent. By the year 2005, a total of 15.4 percent of the women in the population had received a Bachelors Degree or Higher.

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

Sunday, November 26, 2006

Demographic Profile for Sebastian County, Arkansas

Sebastian County, Arkansas had a total estimated population of 118,750 in 2005. The total population has increased, since the population in 2000 of 115,540. This growth signifies an increase of 2.8 percent. Sebastian ranks 11 of 75 counties by growth in total population in Arkansas and the county ranks 654 of 3,141 counties in terms of population growth in the United States.

Sebastian County, Arkansas has a population that is made up of 76.6 percent White, 6.1 percent African American, 3.6 percent Asian, and 9.8 percent Hispanic. This area can be considered to have a high level of racial and ethnic diversity, with 19.5 percent of the population being minorities. This is less than the State of Arkansas percent of 21.2. Since 2000, Sebastian has increased in diversity when 16.3 percent of the population was made up of minorities.

The population division of the Census Bureau estimates in 2005 a median age in Sebastian County, Arkansas to be 36.6 years old. The median in Sebastian is less than the median age in the State of Arkansas of 37.0. Since the year 2000, the area has seen an increase in the median, when the median age was 35.4 years old. With a total of 25.7 percent of the 2005 population being made up of children and youth younger than 18, Sebastian can be understood as being made up of a medium-high percent of people under 18. The 18 to 64 years old population group has a medium-low representation within the estimated 2005 area population, making up 61.5 percent of the population within the age category. People 65 years old and older make up 12.7 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-low percent of the population base.

When calculating the total land area, Sebastian spans a total area of 536 square miles. This area has a medium-high average area density of 221 persons per square mile. Similar counties in the US, in terms of density, include: -- more densely populated -- Black Hawk, IA (222 per sq. mile ), Utah, UT (222 per sq. mile ), Sangamon, IL (222 per sq. mile ), -- less densely populated -- Chemung, NY (219 per sq. mile ), Pitt, NC (219 per sq. mile ), Rock, WI (219 per sq. mile ).

Since the year 2000, a high number of individuals have migrated to Sebastian from another country. The international migration into Sebastian accounts for 10.3 percent of the total international migration into the State of Arkansas. This percent of international migration is high when analyzed against immigration per population in 2005.

Datasource: Population Estimates Program, U.S. Bureau of the Census.

Thursday, November 09, 2006

Housing Report for Sebastian County, Arkansas

In the State of Arkansas, Sebastian County is positioned 14 of 75 by percentage growth in residential real estate. The county is positioned 1,122 of 3,141, in terms of residential real estate percentage change change in the United States.

Sebastian County had an owner-occupied dwelling median in 2005 of $89,600, accounted by the American Community Survey. This value is greater than the Arkansas 2005 home median value of $87,400 and less than home value of $167,500 for the United States in the same year.

It can be understood that there is a large amount affordable residential real estate in Sebastian County, Arkansas. In 2005, 69.8 percent of owner-occupied dwellings were valued under $125k.

In Sebastian County, there were a total of 51,782 homes in 2005. The county has experienced a growth in housing units, adding in all 1,899 residential structures since 2001, a change of 3.8 percent.

The owner-occupied dwellings in Sebastian County, Arkansas have moderate increases since their reported values in 2000. The values have increased by $16,300, or 22.2 percent, since 2000 when they were valued at $73,300.

Sebastian County has a small, but present proportion of residential real estate that is high priced. In 2005, the American Community Survey counted that 0.6 percent of the houses are valued over a half a million dollars.

Data Source: U.S. Census Bureau

Sunday, October 29, 2006

Employment Report for Sebastian County, Arkansas -- Annual 2005 Industry Summary

Manufacturing has the largest businesses in Sebastian County. The industry averages 98 jobs per place of business. This is greater than the industry's average in the United States of 39 and greater than the State of Arkansas establishments size average of 56 for the Manufacturing industry.

In Sebastian County, Manufacturing, Management of companies and enterprises and Administrative and waste services industries have the highest United States location quotient (LQ). The Manufacturing sector has a United State LQ of 2.51. The level of employment in the Manufacturing sector is 2.51 times greater than the national average, signifying that Sebastian may be an exporter of products or services of Manufacturing.

Arts, entertainment, and recreation is the industry that has grown the most in terms of employment from 2001-2005 in Sebastian County, growing in new jobs by 14 percent. This is greater than the industry employment change in the United States of 4.7 percent. The State of Arkansas experienced a sector employment shift of 3.7 percent, in the course of time since 2001.

In Sebastian County, Manufacturing, Health care and social assistance, and the Retail Trade sectors, in terms of total employment, are the largest. Manufacturing produces the largest number of jobs in the area accounting for 32.2 percent of the total county employment. This totals 21,463 jobs. The Health care and social assistance and Retail Trade sectors provide 13.5 and 11.8 percent of all employment.

Manufacturing since the year 2001 lost the most jobs in Sebastian County. The sector faced a loss of 802 total jobs during the period, accounting for 3.6 percent of jobs in the industry. The losses in this industry made up 25.7 percent of the total jobs loss in the County.







Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).

 

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