Wednesday, January 24, 2007

Modesto One-Year Industry Employment Change

In the Modesto, CA metro area, the total number of workers for all sectors has decreased by 1,175 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Total One-Year Employment Growth in the Modesto Metro Area

Out of the 4-digit NAICS industries, the Nursing care facilities industry has accounted the most employment growth with a total of 485 jobs added during the time period. These new jobs in the Nursing care facilities industry makes up 9.1 percent of the total employment growth in Modesto.

Top 5 Industries
1. Nursing care facilities (485 new jobs)
2. Limited-service eating places (408 new jobs)
3. Department stores (390 new jobs)
4. Grocery stores (306 new jobs)
5. Full-service restaurants (293 new jobs)

Out of the 176 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 79 described an expansion of jobs throughout the time period, while 96 industry sectors reported declines during the time period.

Total One-Year Employment Decline in the Modesto Metro Area

From of the area's 4-digit NAICS industries, the Support activities for crop production industry witnessed the largest drop in employment, losing a total of 1,856 jobs during the time period. The jobs lost in the Support activities for crop production industry make up 30.5 percent of the total job loss in Modesto, CA.

Top 5 Industries
1. Support activities for crop production (1,856 jobs lost)
2. Employment services (522 jobs lost)
3. Fruit and vegetable preserving and specialty (363 jobs lost)
4. Alcoholic beverage merchant wholesalers (354 jobs lost)
5. Building foundation and exterior contractors (337 jobs lost)

Employment for all industries has decreased by 0.8 percent from 2005 (2nd Quarter). These figures are greater than growth in California, which experienced a gain of 2.1 percent since the 2nd Quarter of 2005. The losses the area experienced were greater than than the gain felt at the national level of 2 percent.

The Modesto Metro Area: One-Year Percentage Growth in Employment

The Chemical merchant wholesalers industry has seen the largest percentage job growth, expanding by 53.9 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Modesto has added employment faster than the industry has grown in the State of California, where it saw a gain of 0.6 percent. The Chemical merchant wholesalers industry in Modesto outpaced the United States, which experienced a gained 0.1 percent of the industry employment.

Top 5 Industries
1. Chemical merchant wholesalers (53.9 percent gain)
2. Freight transportation arrangement (50.0 percent gain)
3. Iron and steel mills and ferroalloy mfg. (48.2 percent gain)
4. Wireless telecommunications carriers (44.0 percent gain)
5. Machinery and equipment rental and leasing (42.3 percent gain)

The Modesto Metro Area: One-Year Percentage Decline in Employment

The Alcoholic beverage merchant wholesalers industry has seen the largest percentage drop in employment, losing 70.5 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has felt in the State of California, where the industry sector experienced a gain of 0.9 percent. The losses in the Alcoholic beverage merchant wholesalers industry in Modesto outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 3.2 percent in terms of employment in the Alcoholic beverage merchant wholesalers industry.

Top 5 Industries
1. Alcoholic beverage merchant wholesalers (70.5 percent decline)
2. Residential mental health facilities (46.8 percent decline)
3. Unclassified (41.7 percent decline)
4. Vocational rehabilitation services (38.4 percent decline)
5. Used merchandise stores (36.9 percent decline)





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 Modesto, CA

The areas median household income has increased a small amount from the inflation-adjusted values in 2000. The income level has increased to $47,525, representing a 1.3 percent growth. The Modesto, CA MSA, when comparing total percent of growth, ranks 18 of 28 metro area in percent of growth for income levels in the State of California. Modesto ranks 18 of 28 metro area when comparing total percent of growth in median income level for the United States.

Compared to Metro Areas across the United States, the Modesto metro area accounted a medium-high median household income of $46,918 (Adjusted to 2005 Dollars). This is 18.4 percent lower than the median in California of $55,567 and the income level is 4.7 percent lower than the median household income level in the US of $49,133.

While household income level experienced a growth in the last five year in the Modesto, CA metro area, the Race/Ethnicity group that went through the most dramatic growth in median household income was the American Indian and Alaska Native Race/Ethnicity category. This category went through an increase of 21.4 percent since 2000. The Hispanic Race/Ethnicity group has been least impacted by the median income growth in Modesto, undergoing a 11.9 percent decline in household income level, since the year 2005.

Evaluated with other MSAs across the nation, the Modesto metro area may be understood as having a relatively high poverty rate amongst the population, with a poverty rate of 16.0 percent of people living in a family with an income below the poverty level in 1999. The Black or African American race/ethnicity population cohort, has the uppermost poverty rate with 26.5 percent of the 2000 population living in poverty. People that are of the age Under 5 years have the most percent of people living in poverty in Modesto, having 22.2 percent of the population in this age category living in poverty.

The Asian headed households reported median household incomes of $48,720. This median income level is 3.8 percent greater than the all households reported median in the area. The American Indian and Alaska Native headed households in Modesto reported an income level of $41,143, this level was 12.3 percent less than the median level for total households in the area. Black or African American householders reported household income levels that were 20.8 percent less than the overall median reported in 2000, with a reported median of $37,137. Hispanic households in Modesto, CA , as reported in 2000, had a median household income of $40,968, this income level is 12.7 percent less than reported value of the areas total household median income for all households. In Modesto, CA White householders had a median income (2005 Dollars) of $48,822 according to the Decennial Census of 2000, which was 4.1 percent greater than the median household income in 2000.

The poverty rate in the Modesto, CA Metro has declined by 1.6 percent since the 2000 rates, moving from 16 percent to 14.4 percent.

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

 

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