Wednesday, January 24, 2007

Santa Barbara-Santa Maria-Goleta One-Year Industry Employment Change

The Santa Barbara-Santa Maria-Goleta Metro Area: One-Year Percentage Decline in Employment

The Unclassified industry has lost the largest percent of jobs, losing 81.8 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has experienced in the State of California, where the it saw a loss of 72.7 percent. The losses in the Unclassified industry in Santa Barbara-Santa Maria-Goleta outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 12.1 in percent of jobs in the Unclassified industry.

Top 5 Industries
1. Unclassified (81.8 percent decline)
2. Lessors of nonfinancial intangible assets (61.6 percent decline)
3. Agents and managers for public figures (60.5 percent decline)
4. Petroleum and coal products manufacturing (57 percent decline)
5. Druggists' goods merchant wholesalers (48.9 percent decline)

The Santa Barbara-Santa Maria-Goleta Metro Area: One-Year Percentage Growth in Employment

The Promoters of performing arts and sports industry has witnessed the largest percentage of employment expansion, increasing by 108.1 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Santa Barbara-Santa Maria-Goleta has grow faster than the growth seen in the industry for California, where it saw a gain of 4.2 percent. The Promoters of performing arts and sports industry in Santa Barbara-Santa Maria-Goleta outpaced the US in terms of percent growth of industry employment. During this period, the US gained 3.5 percent.

Top 5 Industries
1. Promoters of performing arts and sports (108.1 percent gain)
2. Beer, wine, and liquor stores (70.0 percent gain)
3. Emergency and other relief services (67.9 percent gain)
4. Support activities for mining (61.5 percent gain)
5. Electronic markets and agents and brokers (57.8 percent gain)

Total employment has decreased by 0.5 percent since the 2nd Quarter of 2005. This is greater than growth in California, which saw a gain of 2.1 percent since 2005 ( 2nd Quarter). The losses in the area were greater than than the gain reported at the US level of 2 percent.

Total One-Year Employment Decline in the Santa Barbara-Santa Maria-Goleta Metro Area

From of the area's 4-digit NAICS industries, the Fruit and tree nut farming industry witnessed the largest drop in employment, losing a total of 866 jobs. The declines in the Fruit and tree nut farming industry make up 13.5 percent of the employment lost during the period in Santa Barbara-Santa Maria-Goleta, CA.

Top 5 Industries
1. Fruit and tree nut farming (866 jobs lost)
2. Support activities for crop production (705 jobs lost)
3. Employment services (439 jobs lost)
4. Office administrative services (414 jobs lost)
5. Child day care services (358 jobs lost)

In the Santa Barbara-Santa Maria-Goleta, CA metro area, the entire sum of jobs in all of the industries has decreased by 732 jobs from mid-2005 to mid-2006.

Out of the 188 industries with industry data reported by the BLS in each quarter, 83 described an expansion of jobs throughout the time period, while 105 industries reported employment loss in the period.

Total One-Year Employment Growth in the Santa Barbara-Santa Maria-Goleta Metro Area

Of the industries (4-digit NAICS) in the area, the Electronic markets and agents and brokers industry has added the most employment with 385 total jobs brought in during the period. The growth in the Electronic markets and agents and brokers industry makes up 6.3 percent of the growth in Santa Barbara-Santa Maria-Goleta.

Top 5 Industries
1. Electronic markets and agents and brokers (385 new jobs)
2. Residential building construction (297 new jobs)
3. Full-service restaurants (295 new jobs)
4. Management of companies and enterprises (273 new jobs)
5. Support activities for mining (240 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.

Thursday, January 11, 2007

Income and Poverty in Santa Barbara-Santa Maria-Goleta, CA

The rate of poverty in the Santa Barbara-Santa Maria-Goleta, CA Metro has declined by 2.0 percent since the amount published in 2000, moving from 14.3 percent to 12.3 percent.

When put side-by-side with other Metros throughout the United States, the Santa Barbara-Santa Maria-Goleta metro area can be considered to have a medium-high poverty rate amongst the population, with a poverty rate of 14.3 percent with a family income under the 1999 poverty level. The Hispanic race/ethnicity demographic group, represents the largest rate of poverty with 21.3 percent of the people in 2000 living in poverty. The population that is aged 5 years are witness to the most percent living in poverty in Santa Barbara-Santa Maria-Goleta, accounting 19 percent of this age cohort living in poverty.

Compared to other MSAs throughout the nation, the Santa Barbara-Santa Maria-Goleta metro area was reported to have a relatively high median household income of $54,612 (2005 Dollars). This median is 1.7 percent lower than the median in State of California of $55,567 and this is 10 percent higher than the median household income level in the US of $49,133.

As the median household income witnessed a growth in the last five year in the Santa Barbara-Santa Maria-Goleta, CA metro area, the Race/Ethnicity group that went through the most dramatic growth in the household income level was the Asian category. This category saw an increase of 59.5 percent from 2000 to 2005. The Hispanic population category was least influenced by the median household income growth in Santa Barbara-Santa Maria-Goleta, experiencing a 33.1 percent decline in median income, since the values reporting the 2000 Decennial Census.

The median household income in the area has increased from the 2000 values (inflation adjusted). The median income has increased to $55,970, representing a 2.5 percent growth. The Santa Barbara-Santa Maria-Goleta, CA MSA, in terms of percent of growth, ranks 11 of 28 metro area in percent of growth for household income in California. Santa Barbara-Santa Maria-Goleta ranks 11 of 28 metro area when comparing the growth in median income level for the United States.

The American Indian and Alaska Native headed households in Santa Barbara-Santa Maria-Goleta had a median household income level of $42,661, which was 21.9 percent less than the areas median level for all households. It was reported in 2000 that the Asian headed households had median household incomes of $50,076. This income level is 8.3 percent less than the all households reported median in the area. Hispanic in Santa Barbara-Santa Maria-Goleta, CA recorded a median income of $42,603, this income level is 22 percent less than reported value of the areas total household median income for all households. In Santa Barbara-Santa Maria-Goleta, CA White headed households reported a median household income (2005 Dollars) of $58,078 according to the Decennial Census of 2000, which was 6.3 percent greater than the median income in 2000. Black or African American householders reported household income levels that were 16 percent less than the total 2000 reported median, with a their median reported to be $45,886.

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

 

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