Wednesday, March 21, 2007

In Santa Clara County, jobs in the lessors of nonfinancial intangible assets pay the highest wages


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Employment in the lessors of nonfinancial intangible assets industry paid the average highest wages in Santa Clara County for the 2nd quarter of 2006. The average worker in the industry in Santa Clara County earned an annual wage of $303,947 in 2006. The annual wage is greater than the average industry wage in the State of California of $135,822 and greater than then the wage for jobs in this industry in the US of $77,866.

Other high-paying jobs in Santa Clara County, California exsists in isps and web search portals ($242,538), other investment pools and funds ($205,339), computer and peripheral equipment mfg. ($160,847) and software publishers ($159,578) industries. Note: Click the above Graphic for Detail Comparison

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.

Friday, March 09, 2007

Santa Clara County Wages have increased by 11.2% Since 2001


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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in Santa Clara County, California by a total of 11.2%. This is less than the growth in industry wages for California and less than the growth in industry wages across the US.

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.

Friday, February 23, 2007

Santa Clara County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Santa Clara County

From the industries (4-digit NAICS) in the area, the General medical and surgical hospitals industry has accounted the most employment growth with a total of 6,285 employees finding new jobs in the industry. The employment growth in the General medical and surgical hospitals industry makes up 17.5 percent of the total employment growth in Santa Clara County.

Top 5 Industries
1. General medical and surgical hospitals (6,285 new jobs)
2. Private households (3,856 new jobs)
3. Druggists' goods merchant wholesalers (1,686 new jobs)
4. Activities related to credit intermediation (1,625 new jobs)
5. Data processing and related services (1,571 new jobs)

In Santa Clara County, California, the total number of jobs throughout all industries has decreased by 145,408 jobs from mid-2001 to mid-2006.

Out of the 225 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 151 showed an escalation in the number employed, while 74 industry sectors reported declines during the time period.

Total Five-Year Employment Decline in Santa Clara County

The Semiconductor and electronic component mfg. industry experienced most substantial job loss, losing 24,300 jobs during the period. The employment lost in the Semiconductor and electronic component mfg. industry make up 13.6 percent of the total employment decline in Santa Clara County, California.

Top 5 Industries
1. Semiconductor and electronic component mfg. (24,300 jobs lost)
2. Computer systems design and related services (14,641 jobs lost)
3. Computer and peripheral equipment mfg. (14,390 jobs lost)
4. Electronic instrument manufacturing (12,903 jobs lost)
5. Management of companies and enterprises (11,800 jobs lost)

Santa Clara County Five-Year Percentage Growth in Employment

The Druggists' goods merchant wholesalers industry has seen the largest percentage job growth, expanding by 802.9 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Santa Clara County has expanded faster than the growth seen in the industry for California, where it saw a gain of 24.2 percent. The Druggists' goods merchant wholesalers industry in Santa Clara County outpaced the nation in terms of industry employment growth . During this period, the nation gained 6.4 percent of the industry employment.

Top 5 Industries
1. Druggists' goods merchant wholesalers (802.9 percent gain)
2. Other telecommunications (216.3 percent gain)
3. Activities related to credit intermediation (171.8 percent gain)
4. Other information services (156.3 percent gain)
5. Other nonferrous metal production (144.0 percent gain)

Santa Clara County Five-Year Percentage Decline in Employment

The Sugar and confectionery product manufacturing industry has lost the largest amount of employment in terms of percentage, losing 82.8 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has experienced in the State of California, where the industry reported a loss of 19.2 percent. The losses in the Sugar and confectionery product manufacturing industry in Santa Clara County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 19.6 in percent of jobs in the Sugar and confectionery product manufacturing industry.

Top 5 Industries
1. Sugar and confectionery product manufacturing (82.8 percent decline)
2. Animal slaughtering and processing (80.9 percent decline)
3. Audio and video equipment manufacturing (80.2 percent decline)
4. Sound recording industries (75.3 percent decline)
5. Local messengers and local delivery (74.2 percent decline)

Employment for all industries has decreased by 15.6 percent since the 2nd Quarter figures of 2001. This change is greater than percent in California, which went through a gain of 2.8 percent since the 2nd Quarter of 2001. The losses were greater than than the gain experienced overall in the US of 2.6 percent.





About: This report is part 2 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.

Monday, January 22, 2007

Santa Clara County One-Year Industry Employment Change

Santa Clara County One-Year Percentage Growth in Employment

The Offices of physicians industry has witnessed the largest percentage of employment expansion, increasing by 83.7 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Santa Clara County has grow faster than the overall industry growth seen in the State of California, where the industry felt a gain of 2.6 percent. The Offices of physicians industry in Santa Clara County outpaced the United States, which experienced a gained 2.5 percent of the employment in this industry.

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)

The total number of jobs has increased by 4.6 percent from 2005 (2nd Quarter). These figures are greater than growth in the State of California, which saw a gain of 2.1 percent from the 2nd Quarter of 2005. The gains felt were greater than than the gain reported at the US level of 2.0 percent.

Santa Clara County One-Year Percentage Decline in Employment

The Accounting and bookkeeping services industry has lost the largest amount of employment in terms of percentage, losing 62.5 percent of the jobs from 2005 to 2006. These have declined faster than the industry sector has felt in the State of California, where the industry felt a gain of 6.9 percent. The losses in the Accounting and bookkeeping services industry in Santa Clara County outpaced the US in terms of percent of decline of industry employment. The US gained 3.8 in percent of jobs 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 One-Year Employment Growth in Santa Clara County

The Offices of physicians industry has added the most employment with 24 jobs added during the time period. These new jobs in the Offices of physicians industry makes up 14.5 percent of the total growth in Santa Clara 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)

Total One-Year Employment Decline in Santa Clara County

Given the industries in the area, the Other specialty trade contractors industry experienced most substantial job loss, losing 13 jobs during the time period. The jobs lost in the Other specialty trade contractors industry make up 45.2 percent of the jobs lost during the period in Santa Clara 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 Clara County, California, the total number of jobs throughout all industries has increased by 199 jobs from mid-2005 to mid-2006.

Given the 25 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 6 described an expansion of jobs throughout the time period, while 18 industry sectors accounting for employment declines during that time period.





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 Clara County, California

The poverty rate in Santa Clara County, California has increased by 0.8 percent since the 2000 rates, moving from 7.5 percent to 8.3 percent.

Compared to other counties (and parishes) throughout the nation, Santa Clara County had a very high median income for all households of $86,972 (2005 Dollars). This median is 36.1 percent higher than the median in California of $55,567 and the income level is 43.5 percent higher than the median household income in the United States of $49,133.

The household income has declined from the values (adjusted for inflation) in 2000. The median has decreased to $76,810, posting a 11.7 percent decline. Santa Clara County, California, when analyzing percentage of decline, ranks 1 of 23 counties in percent of decline for income levels in the State of California. Santa Clara County ranks 151 of 668 counties (or parishes) in terms of the decline in median income level for the United States.

Hispanic households in Santa Clara County, California reported a median household income of $65,019, this median is 25.2 percent less than the reported median household income for all households in the area. Black or African American headed households had a median household income that was 20.7 percent less than the all population median published in the 2000 Census, with a median of $68,934. According to the 2000 Census, the Asian headed households in the area have median household incomes of $96,881. This income level is 11.4 percent greater than the reported median household income for all households in the area. In Santa Clara County, California White householders had a median income (2005 Dollars) of $89,464 according to the Decennial Census of 2000, which was 2.9 percent greater than the median income in 2000. The American Indian and Alaska Native householders in Santa Clara County reported a median household income of $63,067, this level was 27.5 percent less than the median income level in this area.

While the median household income saw a decline during the period of 2000 to 2005 in Santa Clara County, California, the Race/Ethnicity category that saw the sharpest decline in household income was the American Indian and Alaska Native Race/Ethnicity category. This category went through a decline of 35 percent since the year 2000. The Asian population group was least impacted by the household income decline in Santa Clara County, experiencing a 10.1 percent decline in household income level, since the year 2005.

When put side-by-side with other counties (or parishes) throughout the United States, Santa Clara County, California can be understood to have a poverty rate amid the residents with a poverty rate of 7.5 percent of the individuals existing in families with incomes under the poverty level in 1999. The Hispanic race/ethnicity demographic group, represents the largest rate of poverty with 13.2 percent of the people in 2000 living in poverty. The population that is aged 12 to 17 years are experiencing most percent people in poverty in Santa Clara County, reporting 9.9 percent of this demographic group living with incomes under poverty.

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

Monday, December 18, 2006

Higher Education in Santa Clara County, California

From 2000 to 2005, the percent of the male population that can be considered highly educated has increased by 3.6 percent. As reported in 2005, 47.6 percent of the total male population, in the area, has obtained at least a Bachelors Degree. From 2000 to 2005, the percent of women with a Bachelors or Higher has increased by a total of 4.8 percent. By the year 2005, a total of 41.4 percent of the total female population achieved this high level of education.

Santa Clara County, California is made up of a very highly-educated population, with 40.4 percent of the population over 25 years old having received at least a Bachelors Degree, according to the Decennial Census of 2000. Santa Clara was reported to have a higher percent of individuals with higher educations than the State of California's proportion of 26.6 percent and a higher percent than United States proportion of 24.4 percent.

In 2000, the Census reported that in Santa Clara County, California, the largest educational attainment category for men is the Bachelors Degree or Higher category, with 44.4 percent reaching this education level. The female population in Santa Clara on average have achieved a lower level of higher education (Bachelors or Higher) than the men in the area: 44.4 percent (Men) versus 36.6 percent (Women). The most common level of education for women in the area is Bachelors Degree or Higher, with 36.6 percent of women in the area reaching this education level.

Since the year 2000, Santa Clara has increased in the total percent of the over 25 population having a Bachelors Degree or Higher. This population group has grown by 4.2 percent to a total of 44.6 in 2005. According to the American Community Survey, the proporation of the population in 2005 with a BA or Higher is greater than the 2005 State of California percent of 29.6 and greater than the United States percent of 27.2.

In Santa Clara County, California as reported in the 2000 Census, 42.4 percent of the White Alone, 29.6 percent of Black or African American, 51.2 percent of the Asian alone and 11 percent of the Hispanic or Latino (+25) has achieved at least a Bachelors Degree.

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

Sunday, November 26, 2006

Demographic Profile for Santa Clara County, California

Since the year 2000, a extremely high number of individuals have migrated to Santa Clara internationally. The migration from outside the US into Santa Clara accounts for 9 percent of all immigration into California. This amount of international migration is extremely high when comparing levels of immigration per population in 2005.

The U.S. Census Bureau, in the year 2005, estimated a median age in Santa Clara County, California to be 36.0 years of age. The median in Santa Clara is greater than the median age for the State of California of 34.4. Since the year 2000, the area has witnessed an increase in the median age, at that time the median was 34.1 years old. With a total of 25.2 percent of the 2005 population being comprised of individuals under the age of 18, Santa Clara can be understood as being made up of a medium-high percent of people under 18. The 18 to 64 years old population group has a medium-high representation within the population, making up 64.4 percent of the population within the age group. People 65 and older make up 10.4 percent of the population in the area. When compared to other counties throughout the United States, this represents a medium-low proportion of the area population base.

Santa Clara County, California has a population base that is comprised of 39.9 percent White, 2.5 percent African American, 29.8 percent Asian, and 24.9 percent Hispanic. The area can be described as having a very high level of diversity in terms of race and ethnicity, with 57.2 percent of minorities in the 2005 population base. This is greater than the State of California percent of 53.4. Since 2000, Santa Clara has increased the percent of minority makeup when 52.6 percent of the total population were minorities.

Santa Clara County, California had a total estimated population of 1,699,052 for the year 2005. The total population has increased, since the population in 2000 of 1,686,252. This growth signifies an increase of 0.8 percent. Santa Clara ranks 23 of 58 counties when analyzing total population change in California and the county ranks 270 of 3,141 counties when analyzing total county population change across the nation.

When measuring the total land area, Santa Clara encompasses a total area of 1291 square miles. This area has a very high density of 1,316 persons per square mile, in 2005. Similar counties, in terms of density, in the US include: -- more densely populated -- Lucas, OH (1,317 per sq. mile ), Summit, OH (1,324 per sq. mile ), Bristol city, VA (1,344 per sq. mile ), -- less densely populated -- Baltimore, MD (1,313 per sq. mile ), Seminole, FL (1,303 per sq. mile ), Salt Lake, UT (1,286 per sq. mile ).

Datasource: Population Estimates Program, U.S. Bureau of the Census.

Thursday, November 09, 2006

Housing Report for Santa Clara County, California

Santa Clara County recorded median owner-occupied home value in the year 2005 of $681,700, published by the American Community Survey. This home value is greater than the overall California 2005 home median value of $477,700 and greater than median home value of $167,500 across the United States during the same year.

The residential home values in Santa Clara County, California have seen large increases from the real estate values reported in 2000. The valuations have increased by $235,300, or 52.7 percent, from their 2000 value of $446,400.

The State of California, Santa Clara County is positioned 46 of 58 by percentage growth in residential real estate. The county is positioned 1,308 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

There seems to be a limited amount of real estate that is affordable in Santa Clara County, California. In 2005, 6.4 percent of housing was valued under $125k.

In Santa Clara County, there were a total of 605,121 homes in the year 2005. This county has gone through a growth in housing units, adding in all 18,808 residential units since 2001, or 3.2 percent.

Santa Clara County has a extremely high proportion of high-valued homes. In 2005, the American Community Survey accounted that 78.1 percent of the houses are valued over a half a million dollars.

Data Source: U.S. Census Bureau

Sunday, October 29, 2006

Employment Report for Santa Clara County, California -- Annual 2005 Industry Summary

In Santa Clara County, Professional and technical services, Manufacturing and Information industries have the highest United States location quotient (LQ). The Professional and technical services industry has an LQ of 2.02. The level of employment in the Professional and technical services industry is 2.02 times greater than the national average, signifying that Santa Clara County produces more than its local requirement of products and/or services of Professional and technical services.

Manufacturing since the year 2001 lost the most jobs in Santa Clara County. The industry was hit with a loss of 72,230 total jobs during the period, accounting for 30 percent of jobs in the industry. The losses in this industry made up 47.3 percent of the total jobs loss in the County.

Manufacturing has the largest businesses in Santa Clara County. The industry averages 56 employees per business. This is greater than the industry's national average of 39 and greater than the California establishments size average of 32 for the Manufacturing industry.

Other services, except public administration is the industry that has grown the most in terms of employment from 2001-2005 in Santa Clara County, with a job growth of 12.2 percent. This is greater than the United States industry change in employment of 2.8 percent. The State of California saw a change in employment in the sector of 16.9 percent, in the last 5 years.

In Santa Clara County, Manufacturing, Professional and technical services, and the Retail Trade industries have the largest percent of jobs of all industries. The Manufacturing is the largest employment industry and makes up 22 percent of total employment in the county, making up 168,456 individuals. The Professional and technical services and Retail Trade industries total 12.9 and 10.6 percent of the total jobs, respectively.







Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).

 

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