Lake County One-Year Industry Employment Change

Total One-Year Employment Growth in Lake County

Out of the 4-digit NAICS industries, the Depository credit intermediation industry has accounted the most employment growth with a total of 15 total jobs brought in during the period. The growth in the Depository credit intermediation industry makes up 54.8 percent of the total number of new jobs in Lake County.

Top 3 Industries
1. Depository credit intermediation (15 new jobs)
2. Building material and supplies dealers (8 new jobs)
3. Residential building construction (3 new jobs)

In Lake County, California, the entire sum of jobs in all industries overall has decreased by 51 jobs from mid-2005 to mid-2006.

Of the 7 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 3 described an expansion of jobs throughout the time period, while 4 industries reported a drop in employment.

Total One-Year Employment Decline in Lake County

Given the industries in the area, the Gasoline stations industry witnessed the largest drop in employment, losing a total of 15 jobs in that time period. The declines in the Gasoline stations industry make up 75.0 percent of the total job loss in Lake County, California.

Top 4 Industries
1. Gasoline stations (15 jobs lost)
2. Full-service restaurants (3 jobs lost)
3. Building equipment contractors (2 jobs lost)
4. Specialized freight trucking (18 jobs lost)

Lake County One-Year Percentage Decline in Employment

The Gasoline stations industry has lost the biggest percent of jobs, losing 21.8 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry sector has felt in the State of California, where the industry sector experienced a gain of 0.1 percent. The losses in the Gasoline stations industry in Lake County outpaced the US in terms of percent of decline of industry employment. The US lost 0.3 percent in terms of employment in the Gasoline stations industry.

Top 3 Industries
1. Gasoline stations (21.8 percent decline)
2. Building equipment contractors (18.2 percent decline)
3. Full-service restaurants (5 percent decline)

Total employment has decreased by 3.8 percent from 2005 (2nd Quarter). These figures are greater than growth in the State of California, experiencing a gain of 2.1 percent since the 2nd Quarter of 2005. The losses the area experienced were greater than than the gain seen for the United States of 2.0 percent.

Lake County One-Year Percentage Growth in Employment

The Depository credit intermediation industry has seen the largest percentage job growth, expanding by 50.0 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Lake County has grow faster than the industry has grown in the State of California, where the industry took a gain of 2.9 percent. The Depository credit intermediation industry in Lake County outpaced the United States, which experienced a gained 2 percent.

Top 4 Industries
1. Depository credit intermediation (50.0 percent gain)
2. Building material and supplies dealers (45.3 percent gain)
3. Residential building construction (12.9 percent gain)
4. Other amusement and recreation industries (5.2 percent gain)





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.

Income and Poverty in Lake County, California

As the median household income witnessed a growth in the last five year in Lake County, California, the Race/Ethnicity group that went through the most dramatic growth in household income was the American Indian and Alaska Native category. This group felt an increase of 98.1 percent since the year 2000. The Asian population group was least impacted by the household income growth in Lake County, seeing a 1549060.4 percent decline in median income, since the values reported in the 2000 Decennial Census.

The American Indian and Alaska Native householders in Lake County had a median income of $30,576, this level was 11.8 percent less than the median level for total households in the area. Black or African American headed households had median income levels that were 43.7 percent less than the overall median reported in 2000, with a reported median of $19,532. The Asian householders in the area have reported their median household incomes at $43,040. This median income level is 24.2 percent greater than the all households reported median in the area. In Lake County, California White headed households reported household income (in 2005 Dollars) of $35,511 as reported in 2000 by the census, which was 2.4 percent greater than the median household income in 2000. Hispanic Householders in Lake County, California recorded a median income of $29,674, which is 14.4 percent less than the median reported for all households in the area.

The household income has increased from the inflation-adjusted 2000 income levels. The income level has increased to $40,067, posting a 15.6 percent growth. Lake County, California, in terms of percent of growth, ranks 1 of 17 counties in percent of growth for median household income in the State of California. Lake County ranks 2 of 119 counties (or parishes) when comparing total percent of growth in household income across the nation.

When analyzed against other counties (and parishes) in the US, Lake County reported a relatively low median household income of $34,664 (Adjusted to 2005 Dollars). This figure is 60.3 percent lower than the median in California of $55,567 and the median is 41.7 percent lower than the median household income level in the US of $49,133.

When compared to other counties (or parishes) across the United States, Lake County, California can be considered to have a relatively high rate of poverty among its population, accounting a rate of 17.6 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 39 percent of the 2000 residents living in poverty. People aged Under 5 years are experiencing most percent people in poverty in Lake County, accounting 29.5 percent of this age cohort living in poverty.

The poverty rate in Lake County, California has increased by 2.5 percent from the rates reported in the Decennial Census, moving from 17.6 percent to 20.1 percent.

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