Wednesday, January 24, 2007

San Jose-Sunnyvale-Santa Clara One-Year Industry Employment Change

In the San Jose-Sunnyvale-Santa Clara, CA metro area, the aggregate employment for all industry sectors has increased by 25,806 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Total One-Year Employment Growth in the San Jose-Sunnyvale-Santa Clara Metro Area

Of the industries (4-digit NAICS) in the area, the ISPs and web search portals industry has added the most employment with 2,550 jobs added during the time period. These new jobs in the ISPs and web search portals industry makes up 15.5 percent of the total employment growth in San Jose-Sunnyvale-Santa Clara.

Top 5 Industries
1. ISPs and web search portals (2,550 new jobs)
2. Building equipment contractors (1,297 new jobs)
3. Limited-service eating places (1,010 new jobs)
4. Individual and family services (723 new jobs)
5. Full-service restaurants (706 new jobs)

Total One-Year Employment Decline in the San Jose-Sunnyvale-Santa Clara Metro Area

The Management of companies and enterprises industry witnessed the largest drop in employment, losing a total of 985 jobs in that time period. The declines in the Management of companies and enterprises industry make up 20.7 percent of the total job loss in San Jose-Sunnyvale-Santa Clara, CA.

Top 5 Industries
1. Management of companies and enterprises (985 jobs lost)
2. Vegetable and melon farming (386 jobs lost)
3. Misc. nondurable goods merchant wholesalers (317 jobs lost)
4. Grocery stores (277 jobs lost)
5. Industrial machinery manufacturing (255 jobs lost)

Of the 125 4-digit NAICS industries, 53 reported job growth in the duration of the year and 72 industry sectors accounting for employment declines during that time period.

Employment for all industries has increased by 3.3 percent since the 2nd Quarter of 2005. This is greater than growth in California, experiencing a gain of 2.1 percent from 2005 (2nd Quarter). The gains felt were greater than than the gain felt at the national level of 2 percent.

The San Jose-Sunnyvale-Santa Clara Metro Area: One-Year Percentage Decline in Employment

The Audio and video equipment manufacturing industry has lost the largest percent of jobs, losing 30.1 percent of the jobs from 2005 to 2006. These have declined faster than the industry sector has gone through in the California, where the industry felt a loss of 1.4 percent. The losses in the Audio and video equipment manufacturing industry in San Jose-Sunnyvale-Santa Clara outpaced the United States industry losses overall. During this period, the United States lost 3.2 in percent of workers in the Audio and video equipment manufacturing industry.

Top 5 Industries
1. Audio and video equipment manufacturing (30.1 percent decline)
2. Dairy product manufacturing (28.6 percent decline)
3. Unclassified (24.6 percent decline)
4. Vegetable and melon farming (20.3 percent decline)
5. Clay product and refractory manufacturing (19.2 percent decline)

The San Jose-Sunnyvale-Santa Clara Metro Area: One-Year Percentage Growth in Employment

The Support activities for mining industry has gone through the largest job growth by percent, increasing by 148.8 percent from 2005 to 2006. This industry in San Jose-Sunnyvale-Santa Clara has increased employment faster than the industry job growth experienced in California, where this industry saw a gain of 14.5 percent. The Support activities for mining industry in San Jose-Sunnyvale-Santa Clara outpaced the nation in terms of industry employment growth . During this period, the nation gained 17.8 percent in this industry.

Top 5 Industries
1. Support activities for mining (148.8 percent gain)
2. Internet publishing and broadcasting (45.3 percent gain)
3. School and employee bus transportation (34.6 percent gain)
4. Nondepository credit intermediation (31.4 percent gain)
5. Other nonferrous metal production (30.2 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.

Thursday, January 11, 2007

Income and Poverty in San Jose-Sunnyvale-Santa Clara, CA

Compared to Metro Areas across the United States, the San Jose-Sunnyvale-Santa Clara metro area accounted a very high median income for households of $72,568 (Adjusted to 2005 Dollars). This figure is 23.4 percent higher than the household income median in State of California of $55,567 and the median household income is 32.3 percent higher than the median in the US, which is $49,133.

The American Indian and Alaska Native householders in San Jose-Sunnyvale-Santa Clara reported a median household income of $57,034, this was 21.4 percent less than the median level for total households in the area. In San Jose-Sunnyvale-Santa Clara, CA White headed households reported a median household income (2005 Dollars) of $76,805 as reported in 2000 by the census, which was 5.8 percent greater than the median income in 2000. The Asian householders in the area have reported their median household incomes at $80,600. This income level is 11.1 percent greater than the reported median for all households in the area. Black or African American householders reported a median household income that was 35.2 percent less than the overall median reported in 2000, with a reported median of $47,019. Hispanic headed households in San Jose-Sunnyvale-Santa Clara, CA reported a median household income of $59,272, this median is 18.3 percent less than the reported median household income for all households in the area.

While the median household income saw a growth in the last five year in the San Jose-Sunnyvale-Santa Clara, CA metro area, the Race/Ethnicity category that felt the biggest growth in household income was the Race/Ethnicity category. This category went through an of . percent in the last five years. The Race/Ethnicity category has been least effected by the income level growth in San Jose-Sunnyvale-Santa Clara, experiencing a . percent in household income level, since the year 2005.

Contrasted against to other Metropolitan Areas throughout the US, the San Jose-Sunnyvale-Santa Clara metro area can be recognized 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 population category, holds the highest rate of poverty with 18.6 percent of the people in 2000 living in poverty. The population that is aged 6 to 11 years are witness to the most percent living in poverty in San Jose-Sunnyvale-Santa Clara, having 10.7 percent of this age group in the area living in poverty.

The poverty rate in the San Jose-Sunnyvale-Santa Clara, CA Metro has declined by 0.3 percent from the rates reported in the Decennial Census, moving from 8.7 percent to 8.4 percent.

The areas median household income has increased from the inflation-adjusted 2000 income levels. The income level has increased to $76,478, which represents a 5.4 percent growth. The San Jose-Sunnyvale-Santa Clara, CA MSA, when comparing total percent of growth, ranks 1 of 7 metro area in percent of growth for the household income level in the State of California. San Jose-Sunnyvale-Santa Clara ranks 81 of 233 metro area in terms of the growth in median income level for the United States.

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

 

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