Wednesday, January 24, 2007

Los Angeles-Long Beach-Santa Ana One-Year Industry Employment Change

The Los Angeles-Long Beach-Santa Ana Metro Area: One-Year Percentage Growth in Employment

The Other animal production industry has gone through the largest job growth by percent, increasing by 72.6 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Los Angeles-Long Beach-Santa Ana has grow faster than the industry has grown in the State of California, where the industry took a gain of 0.9 percent. The Other animal production industry in Los Angeles-Long Beach-Santa Ana outpaced the United States, which experienced a gained 0 percent.

Top 5 Industries
1. Other animal production (72.6 percent gain)
2. Other ground passenger transportation (41.9 percent gain)
3. Educational support services (27.0 percent gain)
4. Insurance and employee benefit funds (22.5 percent gain)
5. Wireless telecommunications carriers (22.3 percent gain)

The Los Angeles-Long Beach-Santa Ana Metro Area: One-Year Percentage Decline in Employment

The Unclassified industry has seen the largest percentage drop in employment, losing 54.4 percent of the jobs from 2005 to 2006. These have declined slower than the industry has seen in the California, where the it saw a loss of 72.7 percent. The losses in the Unclassified industry in Los Angeles-Long Beach-Santa Ana outpaced the United States industry losses overall. During this period, the United States gained 12.1 in percent of jobs in the Unclassified industry.

Top 5 Industries
1. Unclassified (54.4 percent decline)
2. Vegetable and melon farming (44.9 percent decline)
3. Charter bus industry (37.5 percent decline)
4. Other support activities for transportation (21.6 percent decline)
5. Other nonmetallic mineral products (20.6 percent decline)

Employment for all industries has increased by 2.4 percent since the 2nd Quarter of 2005. This is greater than growth in the State of California, which went through a gain of 2.1 percent since the 2nd Quarter of 2005. The gains the area experienced were greater than than the gain seen for the United States of 2 percent.

Total One-Year Employment Decline in the Los Angeles-Long Beach-Santa Ana Metro Area

Of the area's industries (4-digit NAICS), the Management of companies and enterprises industry experienced most substantial job loss, losing 5,971 jobs during the period. The employment lost in the Management of companies and enterprises industry make up 14.5 percent of the jobs lost during the period in Los Angeles-Long Beach-Santa Ana, CA.

Top 5 Industries
1. Management of companies and enterprises (5,971 jobs lost)
2. Telecommunications resellers (3,347 jobs lost)
3. Scheduled air transportation (2,083 jobs lost)
4. Activities related to credit intermediation (2,056 jobs lost)
5. Motor vehicle parts manufacturing (1,425 jobs lost)

Total One-Year Employment Growth in the Los Angeles-Long Beach-Santa Ana Metro Area

The Employment services industry has grown the most with 15,005 jobs added during the time period. These new jobs in the Employment services industry makes up 9.5 percent of the total growth in Los Angeles-Long Beach-Santa Ana.

Top 5 Industries
1. Employment services (15,005 new jobs)
2. Full-service restaurants (8,084 new jobs)
3. Private households (7,092 new jobs)
4. Management and technical consulting services (6,385 new jobs)
5. Department stores (5,517 new jobs)

Of the 259 industries with industry data reported by the BLS in each quarter, 97 reported job growth in the duration of the year and 162 industries reported employment loss in the period.

In the Los Angeles-Long Beach-Santa Ana, CA metro area, the total number of workers for all sectors has increased by 116,004 total jobs from 2005 to 2006.





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 Los Angeles-Long Beach-Santa Ana, CA

In Los Angeles-Long Beach-Santa Ana, CA White householders had a median household income (in 2005 Dollars) of $59,691 according to the 2000 Dencennial Census, which was 11.1 percent greater than the median income in 2000. Black or African American headed households had median income levels that were 27 percent less than the overall reported level in 2000, with a reported median of $39,225. The Asian householders in the area have reported their median household incomes at $59,548. This household income level is 10.9 percent greater than the reported median for all households in the area. Hispanic Householders in Los Angeles-Long Beach-Santa Ana, CA , according to the 2000 census, had a median household income of $42,300, this median household income is 21.2 percent less than the reported median household income for all households in the area. The American Indian and Alaska Native headed households in Los Angeles-Long Beach-Santa Ana reported an income level of $46,593, this was 13.2 percent less than the median income level in this area.

The household income has declined from the inflation-adjusted values in 2000. The income level has decreased to $51,824, posting a 3.5 percent decline. The Los Angeles-Long Beach-Santa Ana, CA MSA, in terms of percentage of decline, ranks 2 of 7 metro area in percent of decline for income levels in the State of California. Los Angeles-Long Beach-Santa Ana ranks 200 of 233 metro area in terms of the decline in median income level for the United States.

While the median household income saw a decline during the period of 2000 to 2005 in the Los Angeles-Long Beach-Santa Ana, CA metro area, the Race/Ethnicity category that felt the biggest decline in the household income level was the Hispanic Race/Ethnicity category. This category went through a decline of 32.5 percent since the year 2000. The American Indian and Alaska Native Race/Ethnicity group has been least impacted by the median income decline in Los Angeles-Long Beach-Santa Ana, experiencing a 45.7 percent increase in median income, since the values reporting the 2000 Decennial Census.

The poverty rate in the Los Angeles-Long Beach-Santa Ana, CA Metro has declined by 1.1 percent from the levels reported in the Decennial Census of 2000, moving from 15.6 percent to 14.5 percent.

Evaluated with other MSAs across the nation, the Los Angeles-Long Beach-Santa Ana metro area may be understood as having a relatively high rate of poverty among the people, accounting a rate of 15.6 percent of the individuals existing in families with incomes under the poverty level in 1999. The Black or African American race/ethnicity demographic group, represents the largest rate of poverty with 23.3 percent of the people in 2000 living in poverty. The population that is aged 5 years are experiencing most percent people in poverty in Los Angeles-Long Beach-Santa Ana, with 22.5 percent of this age group in the area living in poverty.

When analyzed against other Metropolitan Statistical Areas in the US, the Los Angeles-Long Beach-Santa Ana metro area had a relatively high median income for households of $53,707 (Adjusted to 2005 Dollars). This is 3.5 percent lower than the median income in State of California of $55,567 and the income level is 8.5 percent higher than the median for the rest of the nation, which is a reported $49,133.

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

 

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