Tuesday, February 27, 2007

Hanford-Corcoran Metro Area Industry Wages Lag Behind California, and Wages Lag Behind the United States Industry Wages


(Click Image to Enlarge Graph)



Wages in all industries in Hanford-Corcoran, CA can be understood as being relatively low when analyzed with other 2nd quarter of 2006 Metro Area wages throughout the US. The average pay is 42.3 percent lower than the state, which accounted an average of $45,358. The industry pay was less than the overall average in the United States of $40,259.

About: These facts are part of 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.

Sunday, February 11, 2007

Hanford-Corcoran Five-Year Industry Employment Change

Given the 70 industries with industry data reported by the BLS in each quarter, 28 described an expansion of jobs throughout the time period, while 41 industries reported a drop in employment.

Total Five-Year Employment Decline in the Hanford-Corcoran Metro Area

Given the industries in the area, the Other crop farming industry has lost the most employment with a total loss of 519 jobs during the period. The employment lost in the Other crop farming industry make up 40.9 percent of the total job loss in Hanford-Corcoran, CA.

Top 5 Industries
1. Other crop farming (519 jobs lost)
2. Gasoline stations (221 jobs lost)
3. Warehousing and storage (91 jobs lost)
4. Nonresidential building construction (68 jobs lost)
5. Traveler accommodation (62 jobs lost)

Total Five-Year Employment Growth in the Hanford-Corcoran Metro Area

From the industries (4-digit NAICS) in the area, the Cattle ranching and farming industry has grown the most with 523 employees finding new jobs in the industry. The employment growth in the Cattle ranching and farming industry makes up 17.1 percent of the growth in Hanford-Corcoran.

Top 5 Industries
1. Cattle ranching and farming (523 new jobs)
2. Department stores (391 new jobs)
3. Limited-service eating places (229 new jobs)
4. Full-service restaurants (215 new jobs)
5. Grocery stores (147 new jobs)

In the Hanford-Corcoran, CA metro area, the total number of workers for all sectors has increased by 5,150 total jobs from 2001 to 2006.

The Hanford-Corcoran Metro Area: Five-Year Percentage Decline in Employment

The Warehousing and storage industry has lost the largest amount of employment in terms of percentage, losing 72.8 percent of the jobs from the 2nd quarter of 2001 to 2nd quarter of 2006. The losses of the area have declined faster than the industry sector has felt in the State of California, where the it saw a gain of 7.5 percent. The losses in the Warehousing and storage industry in Hanford-Corcoran outpaced the US in terms of percent of decline of industry employment. The US gained 22.1 percent in terms of employment in the Warehousing and storage industry.

Top 5 Industries
1. Warehousing and storage (72.8 percent decline)
2. Gasoline stations (59.1 percent decline)
3. Professional and similar organizations (50 percent decline)
4. Nonresidential building construction (42.9 percent decline)
5. Traveler accommodation (37.8 percent decline)

The Hanford-Corcoran Metro Area: Five-Year Percentage Growth in Employment

The Management and technical consulting services industry has gone through the largest job growth by percent, increasing by 339.6 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Hanford-Corcoran has added employment faster than the industry has grown in the State of California, where it saw a gain of 55.6 percent. The Management and technical consulting services industry in Hanford-Corcoran outpaced the United States, which experienced a gained 22.1 percent.

Top 5 Industries
1. Management and technical consulting services (339.6 percent gain)
2. General freight trucking (209.2 percent gain)
3. Computer systems design and related services (128.4 percent gain)
4. Residential building construction (110.4 percent gain)
5. Activities related to real estate (109.2 percent gain)

Total employment has increased by 20.6 percent since the 2nd Quarter figures of 2001. This change is greater than percent in California, which saw a gain of 2.8 percent since 2001 ( 2nd Quarter). The gains in the area were greater than than the gain reported at the US level of 2.6 percent.

 

About - © 2007 Ecanned.com  - Contact