Tuesday, February 27, 2007

Santa Cruz-Watsonville Metro Area Industry Wages Lag Behind California, and Wages Lag Behind the United States Industry Wages


(Click Image to Enlarge Graph)



The average total wages in all industries in Santa Cruz-Watsonville, CA can be described as relatively high when analyzed with other Metro Areas in the United States. The overall wages are 12.6 percent lower than the with an state average of $45,358. The average industry wage was less than the national industry average 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

Santa Cruz-Watsonville Five-Year Industry Employment Change

The Santa Cruz-Watsonville Metro Area: Five-Year Percentage Decline in Employment

The Support activities for crop production industry has lost the largest amount of employment in terms of percentage, losing 85.1 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 has experienced in the State of California, where the industry sector experienced a gain of 1.4 percent. The losses in the Support activities for crop production industry in Santa Cruz-Watsonville outpaced the US in terms of percent of decline of industry employment. The US lost 1.4 percent in terms of employees in the Support activities for crop production industry.

Top 5 Industries
1. Support activities for crop production (85.1 percent decline)
2. Data processing and related services (82.5 percent decline)
3. Semiconductor and electronic component mfg. (80.8 percent decline)
4. Local messengers and local delivery (73 percent decline)
5. Special food services (72.6 percent decline)

The Santa Cruz-Watsonville Metro Area: Five-Year Percentage Growth in Employment

The Medical equipment and supplies manufacturing industry has seen the largest percentage job growth, expanding by 462.5 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Santa Cruz-Watsonville has grow faster than the growth seen in the industry for California, where this industry saw a loss of 6.8 percent. The Medical equipment and supplies manufacturing industry in Santa Cruz-Watsonville outpaced the national average, which felt a lost 1.7 percent.

Top 5 Industries
1. Medical equipment and supplies manufacturing (462.5 percent gain)
2. Office administrative services (448.8 percent gain)
3. Independent artists, writers, and performers (326.2 percent gain)
4. Warehousing and storage (226.7 percent gain)
5. Other financial investment activities (200.5 percent gain)

The total number of jobs has decreased by 8.1 percent since the 2nd Quarter figures of 2001. This change is greater than growth in the State of California, which experienced a gain of 2.8 percent since 2001 ( 2nd Quarter). The losses the area experienced were greater than than the gain experienced overall in the US of 2.6 percent.

Total Five-Year Employment Growth in the Santa Cruz-Watsonville Metro Area

From the industries (4-digit NAICS) in the area, the Private households industry has brought the most jobs with a total of 559 jobs added during the time period. These new jobs in the Private households industry makes up 7.7 percent of the total growth in Santa Cruz-Watsonville.

Top 5 Industries
1. Private households (559 new jobs)
2. Office administrative services (549 new jobs)
3. Building foundation and exterior contractors (436 new jobs)
4. Offices of physicians (427 new jobs)
5. Warehousing and storage (377 new jobs)

Total Five-Year Employment Decline in the Santa Cruz-Watsonville Metro Area

Given the industries in the area, the Semiconductor and electronic component mfg. industry has lost the most employment with a total loss of 1,154 jobs in that time period. The declines in the Semiconductor and electronic component mfg. industry make up 8.1 percent of the employment lost during the period in Santa Cruz-Watsonville, CA.

Top 5 Industries
1. Semiconductor and electronic component mfg. (1,154 jobs lost)
2. Computer systems design and related services (1,084 jobs lost)
3. Support activities for crop production (815 jobs lost)
4. Employment services (791 jobs lost)
5. Fruit and tree nut farming (599 jobs lost)

In the Santa Cruz-Watsonville, CA metro area, the aggregate employment for all industry sectors has decreased by 7,216 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Out of the 152 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 87 accounted an for increase in employment during the period and 65 industries reported employment loss in the period.

 

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