Monday, January 22, 2007

Santa Cruz County One-Year Industry Employment Change

Total One-Year Employment Growth in Santa Cruz County

From the industries (4-digit NAICS) in the area, the Offices of physicians industry has brought the most jobs with a total of 24 jobs added during the time period. These new jobs in the Offices of physicians industry makes up 14.5 percent of the total number of new jobs in Santa Cruz County.

Top 5 Industries
1. Offices of physicians (24 new jobs)
2. Full-service restaurants (23 new jobs)
3. Building foundation and exterior contractors (18 new jobs)
4. Cattle ranching and farming (15 new jobs)
5. Automobile dealers (13 new jobs)

Out of the 25 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 6 accounted an for increase in employment during the period and 18 industry sectors reported declines during the time period.

Total One-Year Employment Decline in Santa Cruz County

Given the industries in the area, the Other specialty trade contractors industry has lost the most employment with a total loss of 13 jobs. The declines in the Other specialty trade contractors industry make up 45.2 percent of the total job loss in Santa Cruz County, California.

Top 5 Industries
1. Other specialty trade contractors (13 jobs lost)
2. Accounting and bookkeeping services (7 jobs lost)
3. Building equipment contractors (7 jobs lost)
4. Furniture stores (1 jobs lost)
5. Other fabricated metal product manufacturing (21 jobs lost)

In Santa Cruz County, California, the aggregate employment for all industry sectors has increased by 199 total jobs from 2005 to 2006.

Santa Cruz County One-Year Percentage Decline in Employment

The Accounting and bookkeeping services industry has seen the largest percentage drop in employment, losing 62.5 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has felt in the State of California, where the industry reported a gain of 6.9 percent. The losses in the Accounting and bookkeeping services industry in Santa Cruz County outpaced the United States industry losses overall. During this period, the United States gained 3.8 in percent of workers in the Accounting and bookkeeping services industry.

Top 5 Industries
1. Accounting and bookkeeping services (62.5 percent decline)
2. Other specialty trade contractors (29.2 percent decline)
3. Building equipment contractors (9 percent decline)
4. Furniture stores (5.4 percent decline)
5. Building finishing contractors (2.4 percent decline)

Total employment has increased by 4.6 percent since the 2nd Quarter figures of 2005. This change is greater than percent in California, which went through a gain of 2.1 percent since 2005 ( 2nd Quarter). The gains the area experienced were greater than than the gain felt at the national level of 2.0 percent.

Santa Cruz County One-Year Percentage Growth in Employment

The Offices of physicians industry has seen the largest percentage job growth, expanding by 83.7 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Santa Cruz County has grow faster than the industry has grown in the State of California, where it saw a gain of 2.6 percent. The Offices of physicians industry in Santa Cruz County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 2.5 percent.

Top 5 Industries
1. Offices of physicians (83.7 percent gain)
2. Architectural and engineering services (37.8 percent gain)
3. Automobile dealers (36.4 percent gain)
4. Full-service restaurants (27.9 percent gain)
5. Insurance agencies, brokerages, and related (26.1 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 Santa Cruz County, California

Evaluated with other counties (or parishes) across the nation, Santa Cruz County, California can be considered to have a medium-low rate of poverty among the people, accounting a rate of 11.9 percent with a family income under the 1999 poverty level. The Black or African American race/ethnicity population category, holds the highest rate of poverty with 19.3 percent of the 2000 residents living in poverty. People aged 5 years have the most percent of people living in poverty in Santa Cruz County, with 15.1 percent of this age cohort living in poverty.

The areas median household income has declined from the inflation-adjusted values in 2000. The income level has decreased to $58,640, posting a 7.2 percent decline. Santa Cruz County, California, in terms of percentage of decline, ranks 6 of 23 counties in percent of decline for household income in California. Santa Cruz County ranks 361 of 668 counties (or parishes) when comparing the decline in median income in the US.

The rate of poverty in Santa Cruz County, California has declined by 0.1 percent since the amounts published in 2000, moving from 11.9 percent to 11.8 percent.

In Santa Cruz County, California White householders had a median income (2005 Dollars) of $66,778 according to the Decennial Census of 2000, which was 5.7 percent greater than the median in 2000. The Asian householders in the area have reported their median household incomes at $65,726. This household income level is 4 percent greater than the reported median for all households in the area. The American Indian and Alaska Native headed households in Santa Cruz County had a median income of $54,524, which was 13.7 percent less than the median income level in this area. Hispanic headed households in Santa Cruz County, California reported a median household income of $48,122, this income level is 23.8 percent less than the median reported for all households in the area. Black or African American householders reported household income levels that were 18.6 percent less than the overall reported level in 2000, with a reported median of $51,441.

When compared to other counties (and parishes) throughout the United States, Santa Cruz County was reported to have a very high median income for households of $63,178 (2005 Dollars). The income level is 12 percent higher than the median income in State of California of $55,567 and the median household income is 22.2 percent higher than the median household income level in the US of $49,133.

While the median household income saw a decline during the period of 2000 to 2005 in Santa Cruz County, California, the Race/Ethnicity group that went through the most dramatic decline in the household income level was the White category. This group felt a decline of 10 percent from 2000 to 2005. The Asian population category was least influenced by the median household income decline in Santa Cruz County, encountering a 13 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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