Monday, January 22, 2007

Kings County One-Year Industry Employment Change

Total employment has increased by 4.1 percent since the 2nd Quarter figures of 2005. This change is greater than growth in the State of California, which went through a gain of 2.1 percent since 2005 ( 2nd Quarter). The gains felt were greater than than the gain felt at the national level of 2.0 percent.

Kings County One-Year Percentage Decline in Employment

The Support activities for mining industry has lost the largest amount of employment in terms of percentage, losing 33.3 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has experienced in the State of California, where the industry reported a gain of 14.5 percent. The losses in the Support activities for mining industry in Kings County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 17.8 percent in terms of employees in the Support activities for mining industry.

Top 4 Industries
1. Support activities for mining (33.3 percent decline)
2. Gasoline stations (10.1 percent decline)
3. Insurance agencies, brokerages, and related (2.3 percent decline)
4. Specialized freight trucking (1.7 percent decline)

Kings County One-Year Percentage Growth in Employment

The Oil and gas extraction industry has experienced the largest percentage growth, expanding by 31.6 percent from 2005 to 2006. This industry in Kings County has added employment faster than the growth seen in the industry for California, where the industry felt a gain of 6.7 percent. The Oil and gas extraction industry in Kings County outpaced the United States, which experienced a gained 6.8 percent of the employment in this industry.

Top 5 Industries
1. Oil and gas extraction (31.6 percent gain)
2. Offices of other health practitioners (12.9 percent gain)
3. Offices of physicians (7.4 percent gain)
4. Building foundation and exterior contractors (4.1 percent gain)
5. Other general merchandise stores (4.0 percent gain)

Total One-Year Employment Growth in Kings County

From the industries (4-digit NAICS) in the area, the Oil and gas extraction industry has brought the most jobs with a total of 6 total jobs brought in during the period. The growth in the Oil and gas extraction industry makes up 35.3 percent of the growth in Kings County.

Top 4 Industries
1. Oil and gas extraction (6 new jobs)
2. Limited-service eating places (4 new jobs)
3. Offices of other health practitioners (3 new jobs)
4. Offices of physicians (2 new jobs)

In Kings County, California, the entire sum of jobs in all industries overall has increased by 78 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Total One-Year Employment Decline in Kings County

From of the area's 4-digit NAICS industries, the Support activities for mining industry experienced most substantial job loss, losing 27 jobs during the period. The employment lost in the Support activities for mining industry make up 88.2 percent of the employment lost during the period in Kings County, California.

Top 5 Industries
1. Support activities for mining (27 jobs lost)
2. Gasoline stations (3 jobs lost)
3. Offices of other health practitioners (5 jobs lost)
4. Residential building construction (4 jobs lost)
5. Nonresidential building construction (4 jobs lost)

Of the 11 4-digit NAICS industries, 4 showed an escalation in the number employed, while 6 industries reported employment loss in the period.





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 Kings County, California

The areas median household income has declined a small amount from the inflation-adjusted values in 2000. The income level has decreased to $41,095, which amounts to a 1.7 percent decline. Kings County, California, in terms of percent of decline, ranks 20 of 23 counties in percent of decline for the household income level in the State of California. Kings County ranks 619 of 668 counties (or parishes) when analyzing the decline in median income level for the United States.

Contrasted against to other counties (or parishes) throughout the US, Kings County, California can be understood to have a relatively high rate of poverty among its population, accounting a rate of 19.5 percent of the individuals existing in families with incomes under the poverty level in 1999. The Hispanic race/ethnicity population cohort, has the uppermost poverty rate with 30.7 percent of the 2000 population living in poverty. People that are of the age 5 years are experiencing most percent people in poverty in Kings County, with 30.2 percent of the population in this age category living in poverty.

As the median income level saw a decline from 2000 to 2005 in Kings County, California, the Race/Ethnicity category that saw the sharpest decline in median income was the White Race/Ethnicity category. This group experienced a decline of 10.6 percent since 2000. The Asian Race/Ethnicity category has been least effected by the income level decline in Kings County, undergoing a 82 percent increase in median income, since the values reported in the 2000 Decennial Census.

The American Indian and Alaska Native householders in Kings County reported an income level of $39,044, this level was 6.7 percent less than the median level for total households in the area. Hispanic headed households in Kings County, California , as reported in 2000, had a median household income of $33,510, this income level is 19.9 percent less than the areas median income level for all households. In Kings County, California White headed households reported a median household income (2005 Dollars) of $47,101 according to the Decennial Census of 2000, which was 12.6 percent greater than the median household income in 2000. Black or African American householders reported household income levels that were 20 percent less than the overall median reported in 2000, with a reported median of $33,453. According to the 2000 Census, the Asian headed households in the area have median household incomes of $44,444. This household income level is 6.3 percent greater than the all households reported median in the area.

The poverty rate in Kings County, California has increased by 1.8 percent since the amounts published in 2000, moving from 19.5 percent to 21.3 percent.

When compared to other counties (and parishes) throughout the United States, Kings County was reported to have a medium-high median household income of $41,826 (2005 Dollars). This median is 32.9 percent lower than the household income median in State of California of $55,567 and the median household income is 17.5 percent lower than the median in the US, which is $49,133.

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

 

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