Tuesday, February 27, 2007

New Haven County Industry Wages Lag Behind Connecticut, but Wages Exceed the United States


(Click Image to Enlarge Graph)



Wages in all industries in New Haven County, Connecticut can be described as medium-high when analyzed with other Counties in the state. The overall wages are 15.4 percent lower than the with an state average of $50,793. The overall industry wage was greater 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.

Friday, February 23, 2007

New Haven County Five-Year Industry Employment Change

Total Five-Year Employment Decline in New Haven County

Given the industries in the area, the Wired telecommunications carriers industry has lost the most employment with a total loss of 1,836 jobs during the period. The employment lost in the Wired telecommunications carriers industry make up 7.7 percent of the total employment decline in New Haven County, Connecticut.

Top 5 Industries
1. Wired telecommunications carriers (1,836 jobs lost)
2. Pharmaceutical and medicine manufacturing (1,365 jobs lost)
3. Grocery stores (1,362 jobs lost)
4. Motor vehicle parts manufacturing (1,243 jobs lost)
5. Computer systems design and related services (989 jobs lost)

Total Five-Year Employment Growth in New Haven County

Out of the 4-digit NAICS industries, the Colleges and universities industry has grown the most with 1,823 jobs added during the time period. These new jobs in the Colleges and universities industry makes up 6.7 percent of the total number of new jobs in New Haven County.

Top 5 Industries
1. Colleges and universities (1,823 new jobs)
2. Limited-service eating places (1,804 new jobs)
3. General medical and surgical hospitals (1,641 new jobs)
4. Full-service restaurants (1,605 new jobs)
5. Clothing stores (1,391 new jobs)

In New Haven County, Connecticut, the entire sum of jobs in all industries overall has increased by 1,972 jobs between mid-2001 and mid-2006.

Given the 195 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 97 reported job growth in the duration of the last five years and 98 industries reported a drop in employment.

New Haven County Five-Year Percentage Growth in Employment

The Freight transportation arrangement industry has witnessed the largest percentage of employment expansion, increasing by 325.5 percent from the 2001 (Q2) to the 2006 (Q2). This industry in New Haven County has expanded faster than the overall industry growth seen in the State of Connecticut, where the industry felt a gain of 12.9 percent. The Freight transportation arrangement industry in New Haven County outpaced the United States, which experienced a gained 0.6 percent of the industry employment.

Top 5 Industries
1. Freight transportation arrangement (325.5 percent gain)
2. Medical and diagnostic laboratories (205.4 percent gain)
3. Activities related to credit intermediation (148.8 percent gain)
4. ISPs and web search portals (108.4 percent gain)
5. Other general merchandise stores (95.0 percent gain)

Total industry employment has increased by 0.6 percent since the 2nd Quarter of 2001. This is less than percent in Connecticut, which went through a loss of -0.4 percent since 2001 ( 2nd Quarter). The gains in the area were less than than the gain felt at the national level of 2.6 percent.

New Haven County Five-Year Percentage Decline in Employment

The Rubber product manufacturing industry has lost the largest amount of employment in terms of percentage, losing 82.4 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 seen in the Connecticut, where the it saw a loss of 37.3 percent. The losses in the Rubber product manufacturing industry in New Haven County outpaced the US in terms of percent of decline of industry employment. The US lost 19.4 percent in terms of employees in the Rubber product manufacturing industry.

Top 5 Industries
1. Rubber product manufacturing (82.4 percent decline)
2. Unclassified (70.8 percent decline)
3. Land subdivision (57.7 percent decline)
4. Other heavy construction (55 percent decline)
5. Commercial and service industry machinery (54.1 percent decline)





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.

 

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