Wednesday, January 24, 2007

San Francisco-Oakland-Fremont One-Year Industry Employment Change

The San Francisco-Oakland-Fremont Metro Area: One-Year Percentage Decline in Employment

The Unclassified industry has lost the biggest percent of jobs, losing 33.2 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 industry sector experienced a loss of 72.7 percent. The losses in the Unclassified industry in San Francisco-Oakland-Fremont outpaced the US in terms of percent of decline of industry employment. The US gained 12.1 in percent of workers in the Unclassified industry.

Top 5 Industries
1. Unclassified (33.2 percent decline)
2. Fabric mills (29.5 percent decline)
3. Water, sewage and other systems (23.6 percent decline)
4. Motor vehicle body and trailer manufacturing (22.6 percent decline)
5. Specialty food stores (21.2 percent decline)

The San Francisco-Oakland-Fremont Metro Area: One-Year Percentage Growth in Employment

The Other transportation equipment manufacturing industry has experienced the largest percentage growth, expanding by 201.7 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in San Francisco-Oakland-Fremont has grow faster than the industry job growth experienced in California, where the industry took a gain of 1.3 percent. The Other transportation equipment manufacturing industry in San Francisco-Oakland-Fremont outpaced the national average, which felt a gained 1.2 percent of the employment in this industry.

Top 5 Industries
1. Other transportation equipment manufacturing (201.7 percent gain)
2. Monetary authorities - central bank (139.8 percent gain)
3. Support activities for water transportation (89.8 percent gain)
4. Seafood product preparation and packaging (49.8 percent gain)
5. Petroleum merchant wholesalers (24.6 percent gain)

Total industry employment has increased by 2.4 percent from the reported values in 2005. These values are greater than percent in California, which experienced a gain of 2.1 percent from the 2nd Quarter of 2005. The gains felt were greater than than the gain seen for the United States of 2 percent.

Total One-Year Employment Growth in the San Francisco-Oakland-Fremont Metro Area

Of the industries (4-digit NAICS) in the area, the Full-service restaurants industry has accounted the most employment growth with a total of 3,595 jobs added during the time period. These new jobs in the Full-service restaurants industry makes up 7.2 percent of the total growth in San Francisco-Oakland-Fremont.

Top 5 Industries
1. Full-service restaurants (3,595 new jobs)
2. Management of companies and enterprises (3,231 new jobs)
3. Computer systems design and related services (3,038 new jobs)
4. Management and technical consulting services (2,433 new jobs)
5. Architectural and engineering services (2,226 new jobs)

Total One-Year Employment Decline in the San Francisco-Oakland-Fremont Metro Area

Given the industries in the area, the Software publishers industry has lost the most employment with a total loss of 1,330 jobs in that time period. The declines in the Software publishers industry make up 7.9 percent of the total employment decline in San Francisco-Oakland-Fremont, CA.

Top 5 Industries
1. Software publishers (1,330 jobs lost)
2. Telecommunications resellers (1,313 jobs lost)
3. Specialty food stores (1,306 jobs lost)
4. Other specialty trade contractors (1,292 jobs lost)
5. Electronics and appliance stores (1,005 jobs lost)

In the San Francisco-Oakland-Fremont, CA metro area, the aggregate employment for all industry sectors has increased by 39,620 jobs from mid-2005 to mid-2006.

Given the 191 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 80 accounted an for increase in employment during the period and 110 industry sectors accounting for employment declines during that time period.





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 Francisco-Oakland-Fremont, CA

The median household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $65,382, representing a 9.9 percent decline. The San Francisco-Oakland-Fremont, CA MSA, in terms of percent of decline, ranks 1 of 7 metro area in percent of decline for household income in California. San Francisco-Oakland-Fremont ranks 81 of 233 metro area when comparing total percent of decline in median income in the US.

Compared to Metro Areas across the United States, the San Francisco-Oakland-Fremont metro area was reported to have a very high median income for all households of $72,568 (Adjusted to 2005 Dollars). This is 23.4 percent higher than the median in California of $55,567 and the income level is 32.3 percent higher than the median in the US, which is $49,133.

Hispanic Householders in San Francisco-Oakland-Fremont, CA recorded a median income of $59,272, this median household income is 18.3 percent less than the median reported for all households in the area. In San Francisco-Oakland-Fremont, CA White headed households reported a median household income (2005 Dollars) of $76,805 according to the 2000 Dencennial Census, which was 5.8 percent greater than the median in the year 2000. The households that were headed by an American Indian and Alaska Native individual in San Francisco-Oakland-Fremont reported an income level of $57,034, which was 21.4 percent less than the median level for total households in the area. According to the 2000 Census, the Asian headed households in the area have median household incomes of $80,600. This median is 11.1 percent greater than the reported median household income, in the area, for all households. Black or African American headed households had a median household income that was 35.2 percent less than the total 2000 reported median, with a their median reported to be $47,019.

When put side-by-side with other Metros throughout the United States, the San Francisco-Oakland-Fremont metro area may be understood as having a rate of poverty among its population, accounting a rate of 8.7 percent of people living in a family with an income below the poverty level in 1999. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 18.6 percent of the population in 2000 living in poverty. Individuals aged 6 to 11 years are experiencing most percent people in poverty in San Francisco-Oakland-Fremont, having 10.7 percent of this age group in the area living in poverty.

The rate of poverty in the San Francisco-Oakland-Fremont, CA Metro has increased by 1.2 percent since the amount published in 2000, moving from 8.7 percent to 9.9 percent.

As the median household income witnessed a decline during the period of 2000 to 2005 in the San Francisco-Oakland-Fremont, CA metro area, the Race/Ethnicity category that saw the sharpest decline in the household income level was the Hispanic category. This group felt a decline of 35.7 percent from 2000 to 2005. The American Indian and Alaska Native population group was least impacted by the household income decline in San Francisco-Oakland-Fremont, seeing a 30.7 percent increase in household income level, since the year 2005.

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

 

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