Monday, January 22, 2007

San Luis Obispo County One-Year Industry Employment Change

Of the 52 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 27 described an expansion of jobs throughout the time period, while 24 industries reported a drop in employment.

In San Luis Obispo County, California, the entire sum of jobs in all industries overall has increased by 15 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Total One-Year Employment Decline in San Luis Obispo County

Of the area's industries (4-digit NAICS), the Traveler accommodation industry witnessed the largest drop in employment, losing a total of 26 jobs. The declines in the Traveler accommodation industry make up 25.4 percent of the total job loss in San Luis Obispo County, California.

Top 5 Industries
1. Traveler accommodation (26 jobs lost)
2. Other schools and instruction (12 jobs lost)
3. Activities related to real estate (8 jobs lost)
4. Offices of other health practitioners (5 jobs lost)
5. Building foundation and exterior contractors (4 jobs lost)

Total One-Year Employment Growth in San Luis Obispo County

Out of the 4-digit NAICS industries, the Building equipment contractors industry has brought the most jobs with a total of 14 new jobs created in the period. The job growth in the Building equipment contractors industry makes up 12.0 percent of the total employment growth in San Luis Obispo County.

Top 5 Industries
1. Building equipment contractors (14 new jobs)
2. Private households (12 new jobs)
3. Architectural and engineering services (11 new jobs)
4. RV parks and recreational camps (9 new jobs)
5. Services to buildings and dwellings (8 new jobs)

San Luis Obispo County One-Year Percentage Decline in Employment

The Management and technical consulting services industry has lost the largest amount of employment in terms of percentage, losing 56.5 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has gone through in the California, where the industry reported a gain of 14.1 percent. The losses in the Management and technical consulting services industry in San Luis Obispo County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 9.5 in percent of workers in the Management and technical consulting services industry.

Top 5 Industries
1. Management and technical consulting services (56.5 percent decline)
2. Other schools and instruction (51.4 percent decline)
3. Activities related to real estate (50 percent decline)
4. Sporting goods and musical instrument stores (23.4 percent decline)
5. Electronics and appliance stores (22.6 percent decline)

Total employment has increased by 0.3 percent since the 2nd Quarter figures of 2005. This change is less than growth in the State of California, which saw a gain of 2.1 percent since 2005 ( 2nd Quarter). The gains felt were less than than the gain reported at the US level of 2.0 percent.

San Luis Obispo County One-Year Percentage Growth in Employment

The Business support services industry has witnessed the largest percentage of employment expansion, increasing by 50.0 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in San Luis Obispo County has expanded faster than the growth seen in the industry for California, where the industry took a loss of 4.2 percent. The Business support services industry in San Luis Obispo County outpaced the nation in terms of industry employment growth . During this period, the nation gained 2 percent in this industry.

Top 5 Industries
1. Business support services (50.0 percent gain)
2. Auto parts, accessories, and tire stores (34.6 percent gain)
3. Social advocacy organizations (34.5 percent gain)
4. Machinery and supply merchant wholesalers (30.2 percent gain)
5. Architectural and engineering services (25.2 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 San Luis Obispo County, California

The median household income has increased a small amount from the 2000 values (inflation adjusted). The median income has increased to $49,721, which represents a 0.2 percent growth. San Luis Obispo County, California, when analyzing percentage of growth, ranks 17 of 17 counties in percent of growth for the household income level in the State of California. San Luis Obispo County ranks 116 of 119 counties (or parishes) when analyzing the growth in median household income in the United States.

According to the 2000 Census, the Asian headed households in the area have median household incomes of $46,435. This median is 6.5 percent less than the reported median household income for all households in the area. The households that were headed by an American Indian and Alaska Native individual in San Luis Obispo County reported a median household income of $44,658, this level was 10 percent less than the median income level in this area. Hispanic headed households in San Luis Obispo County, California , according to the 2000 census, had a median household income of $41,223, this median household income is 17 percent less than the areas median income level for all households. Black or African American headed households had median income levels that were 27.6 percent less than the total 2000 reported median, with a their median reported to be $35,933. In San Luis Obispo County, California White headed households reported household income (in 2005 Dollars) of $51,244 as reported in 2000 by the census, which was 3.2 percent greater than the median income in 2000.

When analyzed against other counties (and parishes) in the US, San Luis Obispo County had a relatively high median income for households of $49,641 (2005 Dollars). The income level is 11.9 percent lower than the median in State of California of $55,567 and the income level is 1 percent higher than the median household income in the United States of $49,133.

The rate of poverty in San Luis Obispo County, California has increased by 2.0 percent from the levels reported in the Decennial Census of 2000, moving from 12.8 percent to 14.8 percent.

When put side-by-side with other counties (or parishes) throughout the United States, San Luis Obispo County, California can be understood to have a medium-low rate of poverty among its population, accounting a rate of 12.8 percent of the population with family incomes below the 1999 poverty level. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 27.3 percent of the population in 2000 living in poverty. Individuals aged 18 to 64 years are witness to the most percent living in poverty in San Luis Obispo County, reporting 14.8 percent of this age group in the area living in poverty.

While household income level experienced a growth in the last five year in San Luis Obispo County, California, the Race/Ethnicity category that felt the biggest growth in median income was the Black or African American Race/Ethnicity category. This group experienced an increase of 72.7 percent since 2000. The Asian Race/Ethnicity group has been least impacted by the median income growth in San Luis Obispo County, encountering a 20.5 percent decline 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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