Monday, January 22, 2007

Sacramento County One-Year Industry Employment Change

Employment for all industries has increased by 1.1 percent since the 2nd Quarter figures of 2005. This change is less than growth in California, which went through a gain of 2.1 percent from the 2nd Quarter of 2005. The gains in the area were less than than the gain experienced overall in the US of 2.0 percent.

Sacramento County One-Year Percentage Growth in Employment

The Cement and concrete product manufacturing industry has witnessed the largest percentage of employment expansion, increasing by 47.9 percent from 2005 to 2006. This industry in Sacramento County has added employment faster than the overall industry growth seen in the State of California, where the industry felt a gain of 2 percent. The Cement and concrete product manufacturing industry in Sacramento County outpaced the United States, which experienced a gained 4.4 percent of the industry employment.

Top 5 Industries
1. Cement and concrete product manufacturing (47.9 percent gain)
2. Lessors of real estate (33.3 percent gain)
3. Offices of physicians (28.9 percent gain)
4. Limited-service eating places (12.4 percent gain)
5. Nursing care facilities (7.4 percent gain)

Sacramento County One-Year Percentage Decline in Employment

The Insurance agencies, brokerages, and related industry has lost the largest amount of employment in terms of percentage, losing 23.9 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 it saw a gain of 1.2 percent. The losses in the Insurance agencies, brokerages, and related industry in Sacramento County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 2 percent in terms of employment in the Insurance agencies, brokerages, and related industry.

Top 5 Industries
1. Insurance agencies, brokerages, and related (23.9 percent decline)
2. Offices of dentists (23.1 percent decline)
3. Hog and pig farming (16.5 percent decline)
4. Other amusement and recreation industries (10.3 percent decline)
5. Accounting and bookkeeping services (8.3 percent decline)

Total One-Year Employment Decline in Sacramento County

Of the area's industries (4-digit NAICS), the Insurance agencies, brokerages, and related industry experienced most substantial job loss, losing 11 jobs during the period. The employment lost in the Insurance agencies, brokerages, and related industry make up 19.9 percent of the total job loss in Sacramento County, California.

Top 5 Industries
1. Insurance agencies, brokerages, and related (11 jobs lost)
2. Full-service restaurants (8 jobs lost)
3. Hog and pig farming (8 jobs lost)
4. Depository credit intermediation (7 jobs lost)
5. Other amusement and recreation industries (4 jobs lost)

From the 28 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 17 described an expansion of jobs throughout the time period, while 10 industry sectors accounting for employment declines during that time period.

In Sacramento County, California, the total number of jobs throughout all industries has increased by 30 jobs from mid-2005 to mid-2006.

Total One-Year Employment Growth in Sacramento County

Of the industries (4-digit NAICS) in the area, the Cement and concrete product manufacturing industry has added the most employment with 27 new jobs created in the period. The job growth in the Cement and concrete product manufacturing industry makes up 44.4 percent of the growth in Sacramento County.

Top 5 Industries
1. Cement and concrete product manufacturing (27 new jobs)
2. Nursing care facilities (10 new jobs)
3. Offices of physicians (9 new jobs)
4. Limited-service eating places (5 new jobs)
5. Misc. nondurable goods merchant wholesalers (3 new jobs)





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 Sacramento County, California

The areas median household income has increased a small amount from the inflation-adjusted values in 2000. The income level has increased to $51,793, which represents a 1 percent growth. Sacramento County, California, when comparing total percent of growth, ranks 15 of 17 counties in percent of growth for median household income in the State of California. Sacramento County ranks 91 of 119 counties (or parishes) when comparing total percent of growth in household income across the nation.

In Sacramento County, California White headed households reported household income (in 2005 Dollars) of $54,495 according to the Decennial Census of 2000, which was 6.3 percent greater than the median income in 2000. The American Indian and Alaska Native headed households in Sacramento County reported an income level of $44,789, this was 12.6 percent less than the median for all households. Black or African American headed households had median income levels that were 24.2 percent less than the all population median published in the 2000 Census, with a median of $38,866. The Asian householders in the area have reported their median household incomes at $52,066. This median income level is 1.6 percent greater than the reported median household income, in the area, for all households. Hispanic in Sacramento County, California , according to the 2000 census, had a median household income of $43,490, this median is 15.2 percent less than the areas median income level for all households.

The poverty rate in Sacramento County, California has declined by 0.5 percent since the 2000 rates, moving from 14.1 percent to 13.6 percent.

When analyzed against other counties (and parishes) in the US, Sacramento County had a relatively high household income of $51,265 (2005 Dollars). The income level is 8.4 percent lower than the median in California of $55,567 and the income level is 4.2 percent higher than the median household income in the United States of $49,133.

While the median household income saw a growth during the period of 2000 to 2005 in Sacramento County, California, the Race/Ethnicity group that experienced the largest growth in median income was the American Indian and Alaska Native category. This category saw an increase of 13.4 percent from 2000 to 2005. The Black or African American population group was least impacted by the household income growth in Sacramento County, experiencing a 3.9 percent decline in median income, since the values reported in the 2000 Decennial Census.

When put side-by-side with other counties (or parishes) throughout the United States, Sacramento County, California may be understood as having a medium-high rate of poverty among the people, accounting a rate of 14.1 percent of the population with family incomes below the 1999 poverty level. The Black or African American race/ethnicity demographic group, represents the largest rate of poverty with 23.7 percent of the people in 2000 living in poverty. The population that is aged 5 years have the largest percent of population in poverty in Sacramento County, reporting 23.7 percent of the population in this age category living in poverty.

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

 

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