Wednesday, January 24, 2007

San Diego-Carlsbad-San Marcos One-Year Industry Employment Change

Total One-Year Employment Growth in the San Diego-Carlsbad-San Marcos Metro Area

From the industries (4-digit NAICS) in the area, the Full-service restaurants industry has brought the most jobs with a total of 2,826 new jobs created in the period. The job growth in the Full-service restaurants industry makes up 7.4 percent of the total employment growth in San Diego-Carlsbad-San Marcos.

Top 5 Industries
1. Full-service restaurants (2,826 new jobs)
2. Management and technical consulting services (2,090 new jobs)
3. Architectural and engineering services (1,358 new jobs)
4. Electronic instrument manufacturing (1,154 new jobs)
5. Limited-service eating places (1,031 new jobs)

Total One-Year Employment Decline in the San Diego-Carlsbad-San Marcos Metro Area

The Nondepository credit intermediation industry has lost the most employment with a total loss of 1,031 jobs. The declines in the Nondepository credit intermediation industry make up 5.9 percent of the total employment decline in San Diego-Carlsbad-San Marcos, CA.

Top 5 Industries
1. Nondepository credit intermediation (1,031 jobs lost)
2. Other fabricated metal product manufacturing (814 jobs lost)
3. Commercial and service industry machinery (776 jobs lost)
4. Telecommunications resellers (731 jobs lost)
5. Communications equipment manufacturing (692 jobs lost)

Given the 252 industries with industry data reported by the BLS in each quarter, 104 reported job growth in the duration of the year and 146 industry sectors reported declines during the time period.

In the San Diego-Carlsbad-San Marcos, CA metro area, the total number of workers for all sectors has increased by 23,306 jobs from mid-2005 to mid-2006.

The San Diego-Carlsbad-San Marcos Metro Area: One-Year Percentage Growth in Employment

The Fruit and vegetable preserving and specialty industry has witnessed the largest percentage of employment expansion, increasing by 115.8 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in San Diego-Carlsbad-San Marcos has grow faster than the overall industry growth seen in the State of California, where the industry felt a loss of 4.6 percent. The Fruit and vegetable preserving and specialty industry in San Diego-Carlsbad-San Marcos outpaced the nation in terms of industry employment growth . During this period, the nation lost 2.4 percent.

Top 5 Industries
1. Fruit and vegetable preserving and specialty (115.8 percent gain)
2. Other nonferrous metal production (113.8 percent gain)
3. Insurance and employee benefit funds (95.8 percent gain)
4. Satellite telecommunications (60.5 percent gain)
5. Industrial machinery manufacturing (58.7 percent gain)

The total number of jobs has increased by 2.2 percent from the reported values in 2005. These values are greater than growth in the State of California, which went through a gain of 2.1 percent from 2005 (2nd Quarter). The gains in the area were greater than than the gain seen for the United States of 2 percent.

The San Diego-Carlsbad-San Marcos Metro Area: One-Year Percentage Decline in Employment

The Unclassified industry has lost the biggest percent of jobs, losing 64.1 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined slower than the industry sector has gone through in the California, where the it saw a loss of 72.7 percent. The losses in the Unclassified industry in San Diego-Carlsbad-San Marcos outpaced the US in terms of percent of decline of industry employment. The US gained 12.1 in percent of jobs in the Unclassified industry.

Top 5 Industries
1. Unclassified (64.1 percent decline)
2. Other fabricated metal product manufacturing (63.4 percent decline)
3. Other food manufacturing (49.5 percent decline)
4. Support activities for water transportation (48.3 percent decline)
5. Water, sewage and other systems (36.6 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 San Diego-Carlsbad-San Marcos, CA

When compared to other Metro Areas throughout the United States, the San Diego-Carlsbad-San Marcos metro area had a relatively high median income for households of $55,068 (2005 Dollars). The income level is 0.9 percent lower than the median in California of $55,567 and the median is 10.8 percent higher than the median household income in the United States of $49,133.

Hispanic Householders in San Diego-Carlsbad-San Marcos, CA , as reported in 2000, had a median household income of $40,429, this median household income is 26.6 percent less than the areas median income level for all households. In San Diego-Carlsbad-San Marcos, CA White householders had a median household income (in 2005 Dollars) of $59,064 as reported by the Decennial Census of 2000, which was 7.3 percent greater than the median in 2000. It was reported in 2000 that the Asian headed households had median household incomes of $60,818. This median income level is 10.4 percent greater than the reported median household income, in the area, for all households. The American Indian and Alaska Native householders in San Diego-Carlsbad-San Marcos had a median income of $42,570, this median was 22.7 percent less than the median level for total households in the area. Black or African American householders reported a median household income that was 22.7 percent less than the total 2000 reported median, with a their median reported to be $42,575.

The median household income has increased from the inflation-adjusted 2000 income levels. The income level has increased to $56,335, which represents a 2.3 percent growth. The San Diego-Carlsbad-San Marcos, CA MSA, when analyzing percentage of growth, ranks 14 of 28 metro area in percent of growth for the household income level in the State of California. San Diego-Carlsbad-San Marcos ranks 14 of 28 metro area when analyzing the growth in median household income in the United States.

While household income level experienced a growth from 2000 to 2005 in the San Diego-Carlsbad-San Marcos, CA metro area, the Race/Ethnicity group that experienced the largest growth in household income was the Asian category. This category saw an increase of 61.3 percent since 2000. The Hispanic population category was least influenced by the median household income growth in San Diego-Carlsbad-San Marcos, seeing a 30.1 percent decline in household income, since the reported levels in 2000.

Evaluated with other MSAs across the nation, the San Diego-Carlsbad-San Marcos metro area can be understood to have a medium-high poverty rate amid the residents with a poverty rate of 12.4 percent with a family income under the 1999 poverty level. The Hispanic race/ethnicity demographic group, represents the largest rate of poverty with 22 percent of the 2000 population living in poverty. People that are of the age 5 years are experiencing most percent people in poverty in San Diego-Carlsbad-San Marcos, accounting 18.2 percent of this age cohort living in poverty.

The poverty rate in the San Diego-Carlsbad-San Marcos, CA Metro has declined by 1.4 percent since the 2000 rates, moving from 12.4 percent to 11 percent.

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

 

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