Litchfield County One-Year Industry Employment Change

Litchfield County One-Year Percentage Decline in Employment

The Insurance carriers industry has lost the largest percent of jobs, losing 82.2 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has experienced in the State of Connecticut, where the it saw a gain of 0.1 percent. The losses in the Insurance carriers industry in Litchfield County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 0.1 in percent of jobs in the Insurance carriers industry.

Top 5 Industries
1. Insurance carriers (82.2 percent decline)
2. Machinery and equipment rental and leasing (47.3 percent decline)
3. Household goods repair and maintenance (46.2 percent decline)
4. Management of companies and enterprises (27.3 percent decline)
5. Other general purpose machinery manufacturing (26.6 percent decline)

Litchfield County One-Year Percentage Growth in Employment

The Gasoline stations industry has witnessed the largest percentage of employment expansion, increasing by 42.7 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Litchfield County has grow faster than the overall industry growth seen in the State of Connecticut, where this industry saw a gain of 2.1 percent. The Gasoline stations industry in Litchfield County outpaced the national average, which felt a lost 0.3 percent.

Top 2 Industries
1. Gasoline stations (42.7 percent gain)
2. Building equipment contractors (25.0 percent gain)

The total number of jobs has increased by 13.8 percent from the reported values in 2005. These values are greater than percent in the State of Connecticut, experiencing a gain of 1.1 percent since the 2nd Quarter of 2005. The gains the area experienced were greater than than the gain felt at the national level of 2.0 percent.

In Litchfield County, Connecticut, the total number of jobs throughout all industries has increased by 105 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Total One-Year Employment Decline in Litchfield County

The Insurance carriers industry has lost the most employment with a total loss of 143 jobs. The declines in the Insurance carriers industry make up 16.8 percent of the employment lost during the period in Litchfield County, Connecticut.

Top 2 Industries
1. Insurance carriers (143 jobs lost)
2. Management of companies and enterprises (125 jobs lost)









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.

Income and Poverty in Litchfield County, Connecticut

When analyzed against other counties (and parishes) in the US, Litchfield County accounted a very high median household income of $65,839 (Adjusted to 2005 Dollars). This figure is 4.2 percent higher than the median income in State of Connecticut of $63,104 and the median household income is 25.4 percent higher than the median for the rest of the nation, which is a reported $49,133.

As the median household income witnessed a decline since 2000 in Litchfield County, Connecticut, the Race/Ethnicity category that felt the biggest decline in household income was the American Indian and Alaska Native category. This group felt a decline of 72.8 percent in the last five years. The Black or African American population group was least impacted by the household income decline in Litchfield County, seeing a 33.5 percent increase in median income, since the values reported in the 2000 Decennial Census.

The American Indian and Alaska Native households in Litchfield County reported a median household income of $33,075, this median was 49.8 percent less than the median level for total households in the area. The Asian householders in the area have reported their median household incomes at $71,809. This household income level is 9.1 percent greater than the reported median household income, in the area, for all households. Black or African American headed households had median income levels that were 8.2 percent less than the total 2000 reported median, with a their median reported to be $60,462. In Litchfield County, Connecticut White headed households reported a median household income (2005 Dollars) of $66,054 as reported in 2000 by the census, which was 0.3 percent greater than the median household income in 2000. Hispanic in Litchfield County, Connecticut , according to the 2000 census, had a median household income of $52,966, this income level is 19.6 percent less than the reported median household income for all households in the area.

The poverty rate in Litchfield County, Connecticut has declined by 0.5 percent from the rates reported in the Decennial Census, moving from 4.5 percent to 4 percent.

When compared to other counties (or parishes) across the United States, Litchfield County, Connecticut may be understood as having a very low poverty rate amongst the population, with a poverty rate of 4.5 percent with a family income under the 1999 poverty level. The Black or African American race/ethnicity demographic group, represents the largest rate of poverty with 15.6 percent of the 2000 residents living in poverty. People aged 75 years and over have the largest percent of population in poverty in Litchfield County, with 6.3 percent of this demographic group living with incomes under poverty.

The median household income in the area has declined a small amount from the values (adjusted for inflation) in 2000. The median has decreased to $64,544, which represents a 2 percent decline. Litchfield County, Connecticut, in terms of percent of decline, ranks 5 of 5 counties in percent of decline for income levels in the State of Connecticut. Litchfield County ranks 609 of 668 counties (or parishes) in terms of the decline in household income across the nation.

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