Norwich-New London One-Year Industry Employment Change

Of the 145 industries with industry data reported by the BLS in each quarter, 57 showed an escalation in the number employed, while 87 industries reported employment loss in the period.

In the Norwich-New London, CT metro area, the total number of jobs throughout all industries has increased by 237 total jobs from 2005 to 2006.

Total One-Year Employment Decline in the Norwich-New London Metro Area

The Department stores industry experienced most substantial job loss, losing 1,028 jobs during the time period. The jobs lost in the Department stores industry make up 37.8 percent of the jobs lost during the period in Norwich-New London, CT.

Top 5 Industries
1. Department stores (1,028 jobs lost)
2. Building finishing contractors (181 jobs lost)
3. Employment services (166 jobs lost)
4. Greenhouse and nursery production (165 jobs lost)
5. Other heavy construction (102 jobs lost)

Total One-Year Employment Growth in the Norwich-New London Metro Area

The Other general merchandise stores industry has brought the most jobs with a total of 903 new jobs created in the period. The job growth in the Other general merchandise stores industry makes up 27.7 percent of the total growth in Norwich-New London.

Top 5 Industries
1. Other general merchandise stores (903 new jobs)
2. Limited-service eating places (266 new jobs)
3. Computer systems design and related services (156 new jobs)
4. Full-service restaurants (146 new jobs)
5. Building material and supplies dealers (135 new jobs)

The Norwich-New London Metro Area: One-Year Percentage Growth in Employment

The Other general merchandise stores industry has seen the largest percentage job growth, expanding by 247.2 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Norwich-New London has increased employment faster than the industry job growth experienced in Connecticut, where it saw a gain of 35.5 percent. The Other general merchandise stores industry in Norwich-New London outpaced the US in terms of percent growth of industry employment. During this period, the US gained 3.3 percent.

Top 5 Industries
1. Other general merchandise stores (247.2 percent gain)
2. Other crop farming (131.4 percent gain)
3. Educational support services (106.7 percent gain)
4. Fishing (84.6 percent gain)
5. Electronic markets and agents and brokers (54.5 percent gain)

Employment for all industries has increased by 0.3 percent since the 2nd Quarter of 2005. This is less than percent in Connecticut, which experienced a gain of 1.1 percent from 2005 (2nd Quarter). The gains the area experienced were less than than the gain felt at the national level of 2 percent.

The Norwich-New London Metro Area: One-Year Percentage Decline in Employment

The Other heavy construction industry has seen the largest percentage drop in employment, losing 73.7 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry has experienced in the State of Connecticut, where the it saw a loss of 20.5 percent. The losses in the Other heavy construction industry in Norwich-New London outpaced the United States industry losses overall. During this period, the United States gained 4.4 percent in terms of employees in the Other heavy construction industry.

Top 5 Industries
1. Other heavy construction (73.7 percent decline)
2. Unclassified (55.7 percent decline)
3. Nondepository credit intermediation (51.7 percent decline)
4. Department stores (45 percent decline)
5. General rental centers (40.6 percent decline)





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 Norwich-New London, CT

When analyzed against other Metropolitan Statistical Areas in the US, the Norwich-New London metro area had a medium-high household income of $45,123 (2005 Dollars). This median is 39.8 percent lower than the household income median in State of Connecticut of $63,104 and the income level is 8.9 percent lower than the median household income in the United States of $49,133.

While household income level experienced a growth since 2000 in the Norwich-New London, CT metro area, the Race/Ethnicity category that felt the biggest growth in median household income was the Race/Ethnicity category. This group experienced an of . percent in the last five years. The population category was least influenced by the median household income growth in Norwich-New London, encountering a . percent in median income, since the values reporting the 2000 Decennial Census.

The poverty rate in the Norwich-New London, CT Metro has declined by 7.2 percent since the 2000 rates, moving from 12.7 percent to 5.5 percent.



When compared to other Metro Areas across the United States, the Norwich-New London metro area can be considered to have a medium-high rate of poverty among its population, accounting a rate of 12.7 percent of the individuals existing in families with incomes under the poverty level in 1999. The Black or African American race/ethnicity demographic group, represents the largest rate of poverty with 35.5 percent of the 2000 population living in poverty. People that are of the age Under 5 years are experiencing most percent people in poverty in Norwich-New London, with 23.4 percent of this demographic group living with incomes under poverty.

The areas median household income has increased sharply from the values (adjusted for inflation) in 2000. The median has increased to $59,268, which amounts to a 31.3 percent growth. The Norwich-New London, CT MSA, in terms of percentage of growth, ranks 4 of 7 metro area in percent of growth for median household income in the State of Connecticut. Norwich-New London ranks 48 of 233 metro area when comparing the growth in median income level for the United States.

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