Wednesday, January 24, 2007

Hanford-Corcoran One-Year Industry Employment Change

Total One-Year Employment Growth in the Hanford-Corcoran Metro Area

From the industries (4-digit NAICS) in the area, the Support activities for crop production industry has accounted the most employment growth with a total of 1,935 total jobs brought in during the period. The growth in the Support activities for crop production industry makes up 62.8 percent of the total employment growth in Hanford-Corcoran.

Top 5 Industries
1. Support activities for crop production (1,935 new jobs)
2. Department stores (283 new jobs)
3. Lessors of real estate (107 new jobs)
4. Fruit and vegetable preserving and specialty (97 new jobs)
5. Full-service restaurants (72 new jobs)

Total One-Year Employment Decline in the Hanford-Corcoran Metro Area

Of the area's industries (4-digit NAICS), the Vegetable and melon farming industry has lost the most employment with a total loss of 329 jobs. The declines in the Vegetable and melon farming industry make up 27.4 percent of the employment lost during the period in Hanford-Corcoran, CA.

Top 5 Industries
1. Vegetable and melon farming (329 jobs lost)
2. Fruit and tree nut farming (321 jobs lost)
3. Other crop farming (137 jobs lost)
4. Animal food manufacturing (44 jobs lost)
5. Grocery stores (44 jobs lost)

Of the 81 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 37 accounted an for increase in employment during the period and 43 industry sectors reported declines during the time period.

In the Hanford-Corcoran, CA metro area, the total number of workers for all sectors has increased by 1,985 jobs between mid-2005 and mid-2006.

The Hanford-Corcoran Metro Area: One-Year Percentage Decline in Employment

The Religious organizations industry has seen the largest percentage drop in employment, losing 74.1 percent of the jobs from 2005 to 2006. These have declined faster than the industry has seen in the California, where the it saw a loss of 1.6 percent. The losses in the Religious organizations industry in Hanford-Corcoran outpaced the US in terms of percent of decline of industry employment. The US gained 0.8 percent in terms of employees in the Religious organizations industry.

Top 5 Industries
1. Religious organizations (74.1 percent decline)
2. Vegetable and melon farming (59.7 percent decline)
3. Animal food manufacturing (50.2 percent decline)
4. Architectural and engineering services (42.2 percent decline)
5. Lawn and garden equipment and supplies stores (40.2 percent decline)

The Hanford-Corcoran Metro Area: One-Year Percentage Growth in Employment

The Lessors of real estate industry has seen the largest percentage job growth, expanding by 114.6 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Hanford-Corcoran has added employment faster than the growth seen in the industry for California, where it saw a gain of 2.3 percent. The Lessors of real estate industry in Hanford-Corcoran outpaced the US in terms of percent growth of industry employment. During this period, the US lost 0.2 percent of the industry employment.

Top 5 Industries
1. Lessors of real estate (114.6 percent gain)
2. Civic and social organizations (101.4 percent gain)
3. Support activities for crop production (61.5 percent gain)
4. Wireless telecommunications carriers (58.2 percent gain)
5. Activities related to credit intermediation (56.3 percent gain)

Total industry employment has increased by 7 percent from 2005 (2nd Quarter). These figures are greater than growth in California, which experienced a gain of 2.1 percent since 2005 ( 2nd Quarter). The gains the area experienced were greater than than the gain seen for the United States of 2 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.

Thursday, January 11, 2007

Income and Poverty in Hanford-Corcoran, CA

Black or African American headed households had median income levels that were 28.4 percent less than the overall median reported in 2000, with a reported median of $30,705. The households that were headed by an American Indian and Alaska Native individual in Hanford-Corcoran reported a median household income of $39,112, this level was 8.8 percent less than the median income level in this area. According to the 2000 Census, the Asian headed households in the area have median household incomes of $46,268. This household income level is 7.9 percent greater than the reported median household income, in the area, for all households. In Hanford-Corcoran, CA White householders had a median household income (in 2005 Dollars) of $45,845 as reported by the Decennial Census of 2000, which was 6.9 percent greater than the median in the year 2000. Hispanic in Hanford-Corcoran, CA , as reported in 2000, had a median household income of $37,050, which is 13.6 percent less than the reported median household income for all households in the area.

The poverty rate in the Hanford-Corcoran, CA Metro has increased by 7.4 percent from the levels reported in the Decennial Census of 2000, moving from 13.9 percent to 21.3 percent.

As the median income level saw a decline since 2000 in the Hanford-Corcoran, CA metro area, the Race/Ethnicity group that experienced the largest decline in household income was the category. This group felt a of . percent since 2000. The Race/Ethnicity category has been least effected by the income level decline in Hanford-Corcoran, encountering a . percent in household income level, since the year 2005.

When put side-by-side with other Metros throughout the United States, the Hanford-Corcoran metro area can be understood to have a medium-high poverty rate amongst the population, with a poverty rate of 13.9 percent of the population with family incomes below the 1999 poverty level. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 27.1 percent of the 2000 residents living in poverty. People aged 5 years are experiencing most percent people in poverty in Hanford-Corcoran, accounting 23.2 percent of this age cohort living in poverty.

The median household income has declined from the inflation-adjusted values in 2000. The income level has decreased to $41,095, representing a 4.2 percent decline. The Hanford-Corcoran, CA MSA, in terms of percent of decline, ranks 3 of 3 metro area in percent of decline for household income in California. Hanford-Corcoran ranks 99 of 233 metro area when comparing the decline in median income level for the United States.

When compared to other Metro Areas throughout the United States, the Hanford-Corcoran metro area was reported to have a medium-low median income for households of $42,895 (2005 Dollars). This median is 29.5 percent lower than the median income in State of California of $55,567 and the median is 14.5 percent lower than the median household income in the United States of $49,133.

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

 

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