Wednesday, January 24, 2007

Visalia-Porterville One-Year Industry Employment Change

The Visalia-Porterville Metro Area: One-Year Percentage Decline in Employment

The Unclassified industry has lost the biggest percent of jobs, losing 80.6 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the California, where the industry sector experienced a loss of 72.7 percent. The losses in the Unclassified industry in Visalia-Porterville outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 12.1 in percent of workers in the Unclassified industry.

Top 5 Industries
1. Unclassified (80.6 percent decline)
2. Business, computer and management training (60.1 percent decline)
3. Local messengers and local delivery (43.7 percent decline)
4. Agricultural chemical manufacturing (41.3 percent decline)
5. Lawn and garden equipment and supplies stores (26.8 percent decline)

The Visalia-Porterville Metro Area: One-Year Percentage Growth in Employment

The Animal slaughtering and processing industry has experienced the largest percentage growth, expanding by 130.9 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Visalia-Porterville has expanded faster than the industry job growth experienced in California, where this industry saw a loss of 4.7 percent. The Animal slaughtering and processing industry in Visalia-Porterville outpaced the nation in terms of industry employment growth . During this period, the nation gained 0.1 percent of the employment in this industry.

Top 5 Industries
1. Animal slaughtering and processing (130.9 percent gain)
2. Wireless telecommunications carriers (87.9 percent gain)
3. Spectator sports (84.0 percent gain)
4. Other support activities for transportation (73.3 percent gain)
5. Machinery and equipment rental and leasing (73.0 percent gain)

Employment for all industries has increased by 5.1 percent since the 2nd Quarter figures of 2005. This change is greater than growth in the State of California, which went through a gain of 2.1 percent since the 2nd Quarter of 2005. The gains were greater than than the gain felt at the national level of 2 percent.

Total One-Year Employment Growth in the Visalia-Porterville Metro Area

Out of the 4-digit NAICS industries, the Support activities for crop production industry has added the most employment with 1,397 new jobs created in the period. The job growth in the Support activities for crop production industry makes up 16.7 percent of the total employment growth in Visalia-Porterville.

Top 5 Industries
1. Support activities for crop production (1,397 new jobs)
2. Employment services (696 new jobs)
3. Full-service restaurants (520 new jobs)
4. Department stores (485 new jobs)
5. Cattle ranching and farming (398 new jobs)

Total One-Year Employment Decline in the Visalia-Porterville Metro Area

Given the industries in the area, the Fruit and tree nut farming industry experienced most substantial job loss, losing 1,321 jobs in that time period. The declines in the Fruit and tree nut farming industry make up 50.0 percent of the total job loss in Visalia-Porterville, CA.

Top 5 Industries
1. Fruit and tree nut farming (1,321 jobs lost)
2. Grocery stores (149 jobs lost)
3. Specialized freight trucking (149 jobs lost)
4. Insurance carriers (108 jobs lost)
5. Business, computer and management training (67 jobs lost)

Of the 153 industries with industry data reported by the BLS in each quarter, 48 reported job growth in the duration of the year and 101 industry sectors accounting for employment declines during that time period.

In the Visalia-Porterville, CA metro area, the entire sum of jobs in all of the industries has increased by 5,823 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.





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 Visalia-Porterville, CA

While household income level experienced a decline from 2000 to 2005 in the Visalia-Porterville, CA metro area, the Race/Ethnicity group that experienced the largest decline in median household income was the Hispanic Race/Ethnicity category. This category went through a decline of 27.7 percent in the last five years. The American Indian and Alaska Native Race/Ethnicity group has been least impacted by the median income decline in Visalia-Porterville, encountering a 35.5 percent increase in median income, since the values reporting the 2000 Decennial Census.

Contrasted against to other Metropolitan Areas throughout the US, the Visalia-Porterville metro area can be recognized as having a very high rate of poverty among the people, accounting a rate of 23.9 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 37.1 percent of the people in 2000 living in poverty. The population that is aged 5 years are experiencing most percent people in poverty in Visalia-Porterville, reporting 36.3 percent of the population in this age category living in poverty.

Compared to Metro Areas across the United States, the Visalia-Porterville metro area accounted a relatively low household income of $39,760 (2005 Dollars). The income level is 39.8 percent lower than the household income median in State of California of $55,567 and this is 23.6 percent lower than the median for the rest of the nation, which is a reported $49,133.

Black or African American householders reported household income levels that were 24.7 percent less than the overall median reported in 2000, with a reported median of $29,950. Hispanic households in Visalia-Porterville, CA , according to the 2000 census, had a median household income of $32,101, this median is 19.3 percent less than reported value of the areas total household median income for all households. In Visalia-Porterville, CA White householders had a median income (2005 Dollars) of $44,036 as reported in 2000 by the census, which was 10.8 percent greater than the median in the year 2000. The Asian householders in the area have reported their median household incomes at $42,865. This household income level is 7.8 percent greater than the all households reported median in the area. The American Indian and Alaska Native headed households in Visalia-Porterville had a median income of $34,808, this level was 12.5 percent less than the median for all households.

The median household income in the area has declined from the values (adjusted for inflation) in 2000. The median has decreased to $38,722, which amounts to a 2.6 percent decline. The Visalia-Porterville, CA MSA, in terms of percent of decline, ranks 5 of 7 metro area in percent of decline for the household income level in the State of California. Visalia-Porterville ranks 216 of 233 metro area when analyzing the decline in median income level for the United States.

The poverty rate in the Visalia-Porterville, CA Metro has declined by 0.5 percent since the amount published in 2000, moving from 23.9 percent to 23.4 percent.

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

 

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