Wednesday, January 24, 2007

Stockton One-Year Industry Employment Change

Total One-Year Employment Decline in the Stockton Metro Area

The Support activities for crop production industry experienced most substantial job loss, losing 1,360 jobs. The declines in the Support activities for crop production industry make up 17.7 percent of the total job loss in Stockton, CA.

Top 5 Industries
1. Support activities for crop production (1,360 jobs lost)
2. Building finishing contractors (889 jobs lost)
3. Employment services (711 jobs lost)
4. Management of companies and enterprises (583 jobs lost)
5. Greenhouse and nursery production (399 jobs lost)

Total One-Year Employment Growth in the Stockton Metro Area

Out of the 4-digit NAICS industries, the Building foundation and exterior contractors industry has accounted the most employment growth with a total of 847 jobs added during the time period. These new jobs in the Building foundation and exterior contractors industry makes up 9.8 percent of the total growth in Stockton.

Top 5 Industries
1. Building foundation and exterior contractors (847 new jobs)
2. Bakeries and tortilla manufacturing (688 new jobs)
3. Business support services (486 new jobs)
4. Limited-service eating places (440 new jobs)
5. Nursing care facilities (319 new jobs)

From the 190 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 84 accounted an for increase in employment during the period and 106 industries reported a drop in employment.

In the Stockton, CA metro area, the entire sum of jobs in all of the industries has increased by 1,417 jobs between mid-2005 and mid-2006.

The Stockton Metro Area: One-Year Percentage Decline in Employment

The Spectator sports industry has seen the largest percentage drop in employment, losing 60.9 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 sector experienced a gain of 0.1 percent. The losses in the Spectator sports industry in Stockton outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 2.2 percent in terms of employees in the Spectator sports industry.

Top 5 Industries
1. Spectator sports (60.9 percent decline)
2. Unclassified (53.3 percent decline)
3. Other animal production (40.6 percent decline)
4. Other financial investment activities (39.8 percent decline)
5. Greenhouse and nursery production (38.2 percent decline)

Total industry employment has increased by 0.8 percent from 2005 (2nd Quarter). These figures are less than growth in California, which experienced a gain of 2.1 percent since the 2nd Quarter of 2005. The gains the area experienced were less than than the gain felt at the national level of 2 percent.

The Stockton Metro Area: One-Year Percentage Growth in Employment

The Bakeries and tortilla manufacturing industry has witnessed the largest percentage of employment expansion, increasing by 214.1 percent from 2005 to 2006. This industry in Stockton has grow faster than the growth seen in the industry for California, where the industry felt a gain of 3.1 percent. The Bakeries and tortilla manufacturing industry in Stockton outpaced the United States, which experienced a lost 0.2 percent of the employment in this industry.

Top 5 Industries
1. Bakeries and tortilla manufacturing (214.1 percent gain)
2. Support activities for water transportation (206.6 percent gain)
3. Semiconductor and electronic component mfg. (112.5 percent gain)
4. Soap, cleaning compound, and toiletry mfg. (62.7 percent gain)
5. Other heavy construction (59.4 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 Stockton, CA

The poverty rate in the Stockton, CA Metro has declined by 3.1 percent since the 2000 rates, moving from 17.7 percent to 14.6 percent.

When analyzed against other Metropolitan Statistical Areas in the US, the Stockton metro area was reported to have a medium-high median household income of $48,300 (Adjusted to 2005 Dollars). This figure is 15 percent lower than the median in State of California of $55,567 and the median household income is 1.7 percent lower than the median household income in the United States of $49,133.

The household income has increased from the values (adjusted for inflation) in 2000. The median has increased to $49,391, posting a 2.3 percent growth. The Stockton, CA MSA, in terms of percent of growth, ranks 15 of 28 metro area in percent of growth for median household income in the State of California. Stockton ranks 15 of 28 metro area when analyzing the growth in household income across the nation.

As the median household income witnessed a growth during the period of 2000 to 2005 in the Stockton, CA metro area, the Race/Ethnicity group that experienced the largest growth in the household income level was the American Indian and Alaska Native category. This group felt an increase of 72.6 percent in the last five years. The Hispanic population group was least impacted by the household income growth in Stockton, seeing a 17.4 percent decline in median household income from 2000 to 2005.

When compared to other Metro Areas across the United States, the Stockton metro area may be understood as having a relatively high rate of poverty among its population, accounting a rate of 17.7 percent of the individuals existing in families with incomes under the poverty level in 1999. The Asian race/ethnicity demographic group, represents the largest rate of poverty with 28.4 percent of the people in 2000 living in poverty. The population that is aged Under 5 years have the most percent of people living in poverty in Stockton, accounting 25.8 percent of this age group in the area living in poverty.

Hispanic in Stockton, CA , as reported in 2000, had a median household income of $38,940, which is 19.4 percent less than the median reported for all households in the area. In Stockton, CA White headed households reported a median household income (2005 Dollars) of $52,802 as reported in 2000 by the census, which was 9.3 percent greater than the median in 2000. The households that were headed by an American Indian and Alaska Native individual in Stockton had a median household income level of $37,527, this was 22.3 percent less than the areas median level for all households. The Asian headed households reported median household incomes of $43,234. This income level is 10.5 percent less than the all households reported median in the area. Black or African American householders reported a median household income that was 26.1 percent less than the total 2000 reported median, with a their median reported to be $35,698.

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

 

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