Monterey County One-Year Industry Employment Change

Total One-Year Employment Growth in Monterey County

The Limited-service eating places industry has added the most employment with 93 jobs added during the time period. These new jobs in the Limited-service eating places industry makes up 32.3 percent of the total growth in Monterey County.

Top 5 Industries
1. Limited-service eating places (93 new jobs)
2. General medical and surgical hospitals (46 new jobs)
3. General freight trucking (29 new jobs)
4. Services to buildings and dwellings (19 new jobs)
5. Consumer goods rental (19 new jobs)

Given the 66 industries with industry data reported by the BLS in each quarter, 39 showed an escalation in the number employed, while 25 industries reported a drop in employment.

Total One-Year Employment Decline in Monterey County

Of the area's industries (4-digit NAICS), the Grocery stores industry has lost the most employment with a total loss of 73 jobs in that time period. The declines in the Grocery stores industry make up 12.8 percent of the jobs lost during the period in Monterey County, California.

Top 5 Industries
1. Grocery stores (73 jobs lost)
2. Building finishing contractors (52 jobs lost)
3. Building foundation and exterior contractors (47 jobs lost)
4. Building equipment contractors (38 jobs lost)
5. Full-service restaurants (36 jobs lost)

In Monterey County, California, the total number of workers for all sectors has decreased by 3,102 total jobs from 2005 to 2006.

Monterey County One-Year Percentage Decline in Employment

The Electronics and appliance stores industry has lost the biggest percent of jobs, losing 61.7 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 2.4 percent. The losses in the Electronics and appliance stores industry in Monterey County outpaced the United States industry losses overall. During this period, the United States gained 3.4 percent in terms of employment in the Electronics and appliance stores industry.

Top 5 Industries
1. Electronics and appliance stores (61.7 percent decline)
2. Electronic markets and agents and brokers (57.8 percent decline)
3. Building finishing contractors (53.4 percent decline)
4. Drinking places, alcoholic beverages (47 percent decline)
5. Professional and similar organizations (45.5 percent decline)

Employment for all industries has decreased by 19.2 percent from 2005 (2nd Quarter). These figures are greater than percent 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 seen for the United States of 2.0 percent.

Monterey County One-Year Percentage Growth in Employment

The Consumer goods rental industry has experienced the largest percentage growth, expanding by 105.7 percent from 2005 to 2006. This industry in Monterey County has grow faster than the growth seen in the industry for California, where the industry felt a loss of 8.7 percent. The Consumer goods rental industry in Monterey County outpaced the United States, which experienced a lost 4.6 percent of the employment in this industry.

Top 5 Industries
1. Consumer goods rental (105.7 percent gain)
2. General freight trucking (47.3 percent gain)
3. Household goods repair and maintenance (28.3 percent gain)
4. Legal services (25.3 percent gain)
5. Nonresidential building construction (23.2 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 Monterey County, California

When compared to other counties (or parishes) across the United States, Monterey County, California can be considered to have a medium-high rate of poverty among its population, accounting a rate of 13.5 percent of people living in a family with an income below the poverty level in 1999. The American Indian and Alaska Native race/ethnicity demographic group, represents the largest rate of poverty with 22.4 percent of the population in 2000 living in poverty. Individuals aged 5 years have the largest percent of population in poverty in Monterey County, reporting 21 percent of this age group in the area living in poverty.

When analyzed against other counties (and parishes) in the US, Monterey County was reported to have a relatively high median income for all households of $56,517 (Adjusted to 2005 Dollars). This figure is 1.7 percent higher than the median in State of California of $55,567 and the income level is 13.1 percent higher than the median household income in the United States of $49,133.

The median household income in the area has increased a small amount from the 2000 values (inflation adjusted). The median income has increased to $57,081, representing a 1 percent growth. Monterey County, California, when comparing total percent of growth, ranks 16 of 17 counties in percent of growth for household income in California. Monterey County ranks 93 of 119 counties (or parishes) when comparing total percent of growth in household income across the nation.

As the median income level saw a growth from 2000 to 2005 in Monterey County, California, the Race/Ethnicity group that experienced the largest growth in median household income was the American Indian and Alaska Native category. This category saw an increase of 23 percent from 2000 to 2005. The Hispanic population group was least impacted by the household income growth in Monterey County, seeing a 9.5 percent decline in median income, since the values reported in the 2000 Decennial Census.

The American Indian and Alaska Native households in Monterey County reported an income level of $46,723, this level was 17.3 percent less than the median level for total households in the area. In Monterey County, California White headed households reported household income (in 2005 Dollars) of $60,776 according to the 2000 Dencennial Census, which was 7.5 percent greater than the median in 2000. Black or African American householders reported household income levels that were 8 percent less than the overall reported level in 2000, with a reported median of $51,975. Hispanic households in Monterey County, California , according to the 2000 census, had a median household income of $45,911, this median household income is 18.8 percent less than the areas median income level for all households. The Asian headed households reported median household incomes of $56,444. This household income level is 0.1 percent less than the reported median household income, in the area, for all households.

The poverty rate in Monterey County, California has increased by 0.9 percent from the levels reported in the Decennial Census of 2000, moving from 13.5 percent to 14.4 percent.

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