Monday, January 22, 2007

Inyo County One-Year Industry Employment Change

Inyo County One-Year Percentage Decline in Employment

The Direct selling establishments industry has lost the biggest percent of jobs, losing 55.4 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has seen in the California, where the industry sector experienced a gain of 3.9 percent. The losses in the Direct selling establishments industry in Inyo County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 1.1 percent in terms of employment in the Direct selling establishments industry.

Top 5 Industries
1. Direct selling establishments (55.4 percent decline)
2. ISPs and web search portals (38.4 percent decline)
3. Metalworking machinery manufacturing (27.2 percent decline)
4. Highway, street, and bridge construction (26.2 percent decline)
5. Utility system construction (22.7 percent decline)

Total employment has increased by 0.4 percent from the reported values in 2005. These values are less than percent in the State of California, which went through a gain of 2.1 percent since 2005 ( 2nd Quarter). The gains the area experienced were less than than the gain experienced overall in the US of 2.0 percent.

Inyo County One-Year Percentage Growth in Employment

The Unclassified industry has experienced the largest percentage growth, expanding by 277.8 percent from 2005 to 2006. This industry in Inyo County has expanded faster than the growth seen in the industry for California, where this industry saw a loss of 72.7 percent. The Unclassified industry in Inyo County outpaced the United States, which experienced a gained 12.1 percent in this industry.

Top 5 Industries
1. Unclassified (277.8 percent gain)
2. Architectural and structural metals mfg. (108.3 percent gain)
3. Nonmetallic mineral mining and quarrying (57.4 percent gain)
4. Sound recording industries (40.0 percent gain)
5. Activities related to credit intermediation (39.3 percent gain)

In Inyo County, California, the total number of workers for all sectors has increased by 419 jobs from mid-2005 to mid-2006.

Given the 143 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 71 showed an escalation in the number employed, while 71 industries reported a drop in employment.

Total One-Year Employment Decline in Inyo County

The Employment services industry witnessed the largest drop in employment, losing a total of 434 jobs during the time period. The jobs lost in the Employment services industry make up 12.0 percent of the employment lost during the period in Inyo County, California.

Top 5 Industries
1. Employment services (434 jobs lost)
2. Limited-service eating places (260 jobs lost)
3. Metalworking machinery manufacturing (207 jobs lost)
4. Full-service restaurants (200 jobs lost)
5. Department stores (157 jobs lost)

Total One-Year Employment Growth in Inyo County

The Architectural and structural metals mfg. industry has added the most employment with 318 employees finding new jobs in the industry. The employment growth in the Architectural and structural metals mfg. industry makes up 12.2 percent of the total number of new jobs in Inyo County.

Top 5 Industries
1. Architectural and structural metals mfg. (318 new jobs)
2. Offices of physicians (177 new jobs)
3. Management and technical consulting services (164 new jobs)
4. Motor vehicle parts manufacturing (154 new jobs)
5. Traveler accommodation (142 new jobs)





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 Inyo County, California

When analyzed against other counties (and parishes) in the US, Inyo County reported a medium-high median household income of $40,957 (2005 Dollars). This median is 35.7 percent lower than the median income in State of California of $55,567 and the income level is 20 percent lower than the median in the US, which is $49,133.

The households that were headed by an American Indian and Alaska Native individual in Inyo County reported a median household income of $29,695, this median was 27.5 percent less than the median level for total households in the area. Black or African American householders reported household income levels that were 192.1 percent greater than the overall reported level in 2000, with a reported median of $119,649. Hispanic in Inyo County, California recorded a median income of $35,499, this median is 13.3 percent less than reported value of the areas total household median income for all households. In Inyo County, California White householders had a median household income (in 2005 Dollars) of $43,168 as reported in 2000 by the census, which was 5.4 percent greater than the median household income in 2000. According to the 2000 Census, the Asian headed households in the area have median household incomes of $57,038. This income level is 39.3 percent greater than the all households reported median in the area.

Evaluated with other counties (or parishes) across the nation, Inyo County, California can be understood to have a medium-low rate of poverty among its population, accounting a rate of 12.6 percent of people living in a family with an income below the poverty level in 1999. The Black or African American race/ethnicity demographic group, represents the largest rate of poverty with 70 percent of the 2000 population living in poverty. People that are of the age 5 years are witness to the most percent living in poverty in Inyo County, with 21.3 percent of this age group in the area living in poverty.







Datasource: U.S. Bureau of the Census. 2000 Decennial Census.

 

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