Monday, January 22, 2007

Placer County One-Year Industry Employment Change

In Placer County, California, the total number of workers for all sectors has increased by 13 total jobs from 2005 to 2006.

Total One-Year Employment Growth in Placer County

From the industries (4-digit NAICS) in the area, the Gasoline stations industry has accounted the most employment growth with a total of 0 new jobs created in the period. The job growth in the Gasoline stations industry makes up -0.2 percent of the total number of new jobs in Placer County.

Top 1 Industries
1. Building foundation and exterior contractors (36 new jobs)





Placer County One-Year Percentage Decline in Employment

The Gasoline stations industry has lost the largest amount of employment in terms of percentage, losing 2.4 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 it saw a gain of 0.1 percent. The losses in the Gasoline stations industry in Placer 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 1 Industries
1. Gasoline stations (2.4 percent decline)

The total number of jobs has increased by 7.1 percent since the 2nd Quarter figures of 2005. This change is greater than growth in the State of California, experiencing a gain of 2.1 percent since 2005 ( 2nd Quarter). The gains were greater than than the gain seen for the United States of 2.0 percent.

Placer County One-Year Percentage Growth in Employment

The Lessors of real estate industry has experienced the largest percentage growth, expanding by 60.4 percent from 2005 to 2006. This industry in Placer County has added employment faster than the growth seen in the industry for California, where the industry felt a gain of 2.3 percent. The Lessors of real estate industry in Placer County outpaced the US in terms of percent growth of industry employment. During this period, the US lost 0.2 percent of the employment in this industry.

Top 5 Industries
1. Lessors of real estate (60.4 percent gain)
2. Electronics and appliance stores (44.2 percent gain)
3. Building foundation and exterior contractors (28.1 percent gain)
4. Accounting and bookkeeping services (23.1 percent gain)
5. Insurance agencies, brokerages, and related (22.2 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.

Wednesday, January 10, 2007

Income and Poverty in Placer County, California

The areas median household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $62,080, which represents a 7.8 percent decline. Placer County, California, in terms of percent of decline, ranks 5 of 23 counties in percent of decline for median household income in the State of California. Placer County ranks 338 of 668 counties (or parishes) when analyzing the decline in median income in the US.

When analyzed against other counties (and parishes) in the US, Placer County had a very high median household income of $67,316 (Adjusted to 2005 Dollars). This is 17.5 percent higher than the median in State of California of $55,567 and the median is 27 percent higher than the median household income level in the US of $49,133.

The Asian householders in the area have reported their median household incomes at $75,075. This median is 11.5 percent greater than the all households reported median in the area. Black or African American headed households had a median household income that was 22.5 percent greater than the total 2000 reported median, with a their median reported to be $82,436. Hispanic Householders in Placer County, California recorded a median income of $52,622, this income level is 21.8 percent less than the reported median household income for all households in the area. The American Indian and Alaska Native householders in Placer County reported an income level of $63,084, this median was 6.3 percent less than the areas median level for all households. In Placer County, California White headed households reported household income (in 2005 Dollars) of $68,158 as reported in 2000 by the census, which was 1.3 percent greater than the median in 2000.

As the median income level saw a decline from 2000 to 2005 in Placer County, California, the Race/Ethnicity category that felt the biggest decline in median income was the White Race/Ethnicity category. This category went through a decline of 8.5 percent from 2000 to 2005. The Black or African American population category was least influenced by the median household income decline in Placer County, undergoing a 47.2 percent increase in household income, since the reported levels in 2000.

Contrasted against to other counties (or parishes) throughout the US, Placer County, California can be considered to have a very low poverty rate amid the residents with a poverty rate of 5.8 percent of the individuals existing in families with incomes under the poverty level in 1999. The Hispanic race/ethnicity demographic group, represents the largest rate of poverty with 12.7 percent of the population in 2000 living in poverty. Individuals aged 5 years have the largest percent of population in poverty in Placer County, with 8.1 percent of this age group in the area living in poverty.

The poverty rate in Placer County, California has declined by 0.3 percent since the 2000 rates, moving from 5.8 percent to 5.5 percent.

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

 

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