Wednesday, March 21, 2007

In Fairfield County, jobs in the general rental centers pay the highest wages


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Individuals that are employed in the general rental centers industry paid the average highest wages in Fairfield County for the 2nd quarter of 2006. The average worker in the industry in Fairfield County received a wage of $304,691 in 2nd quarter of 2006. The pay is greater than the industry pay the State of Connecticut of $170,370 and greater than then the pay for jobs in this industry across the nation of $40,176.

Other top-pay jobs in Fairfield County, Connecticut can be found in securities and commodity contracts brokerage ($215,868), glass and glass product manufacturing ($164,412), management of companies and enterprises ($155,530) and cable and other subscription programming ($153,758) 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

Fairfield County Wages have increased by 8.1% Since 2001


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Industry wages, from 2001 to 2006, have increased in Fairfield County, Connecticut by a total of 8.1%. This is less than the growth in industry wages for the State of Connecticut and less than the growth in average wages for 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.

Tuesday, February 27, 2007

Fairfield County Industry Wages Exceed Connecticut, and Wages Exceed the United States


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The average total wages in all industries in Fairfield County, Connecticut can be understood as being very high when compared to other Counties throughout the state in the 2nd quarter of 2006. The industry wages are 27.3 percent higher than the state, which accounted an average of $50,793. The average 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

Fairfield County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Fairfield County

Out of the 4-digit NAICS industries, the Employment services industry has accounted the most employment growth with a total of 2,344 new jobs created in the period. The job growth in the Employment services industry makes up 10.1 percent of the total growth in Fairfield County.

Top 5 Industries
1. Employment services (2,344 new jobs)
2. Full-service restaurants (1,476 new jobs)
3. General medical and surgical hospitals (1,394 new jobs)
4. Clothing stores (959 new jobs)
5. Pharmaceutical and medicine manufacturing (954 new jobs)

In Fairfield County, Connecticut, the aggregate employment for all industry sectors has decreased by 4,867 jobs from mid-2001 to mid-2006.

Out of the 205 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 116 described an expansion of jobs throughout the time period, while 88 industries reported a drop in employment.

Total Five-Year Employment Decline in Fairfield County

The Management of companies and enterprises industry experienced most substantial job loss, losing 3,321 jobs in that time period. The declines in the Management of companies and enterprises industry make up 10.5 percent of the employment lost during the period in Fairfield County, Connecticut.

Top 5 Industries
1. Management of companies and enterprises (3,321 jobs lost)
2. Computer systems design and related services (2,145 jobs lost)
3. Depository credit intermediation (1,608 jobs lost)
4. Semiconductor and electronic component mfg. (1,530 jobs lost)
5. Newspaper, book, and directory publishers (1,438 jobs lost)

Employment for all industries has decreased by 1.3 percent since the 2nd Quarter figures of 2001. This change is greater than growth in Connecticut, which experienced a loss of -0.4 percent since the 2nd Quarter of 2001. The losses in the area were greater than than the gain felt at the national level of 2.6 percent.

Fairfield County Five-Year Percentage Growth in Employment

The Industrial machinery manufacturing industry has seen the largest percentage job growth, expanding by 256.4 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Fairfield County has added employment faster than the growth seen in the industry for Connecticut, where the industry took a loss of 14.1 percent. The Industrial machinery manufacturing industry in Fairfield County outpaced the US in terms of percent growth of industry employment. During this period, the US lost 19.7 percent of the industry employment.

Top 5 Industries
1. Industrial machinery manufacturing (256.4 percent gain)
2. Lessors of nonfinancial intangible assets (107.6 percent gain)
3. Other textile product mills (100.4 percent gain)
4. Support activities for road transportation (98.5 percent gain)
5. Lumber and const. supply merchant wholesalers (92.7 percent gain)

Fairfield County Five-Year Percentage Decline in Employment

The Cut and sew apparel manufacturing industry has lost the largest amount of employment in terms of percentage, losing 83.7 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has gone through in the Connecticut, where the industry reported a loss of 68.6 percent. The losses in the Cut and sew apparel manufacturing industry in Fairfield County outpaced the United States industry losses overall. During this period, the United States lost 45.7 percent in terms of employment in the Cut and sew apparel manufacturing industry.

Top 5 Industries
1. Cut and sew apparel manufacturing (83.7 percent decline)
2. Unclassified (65.2 percent decline)
3. Other nonferrous metal production (62.8 percent decline)
4. Internet publishing and broadcasting (56.1 percent decline)
5. Semiconductor and electronic component mfg. (55.7 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.

Monday, January 22, 2007

Fairfield County One-Year Industry Employment Change

Total One-Year Employment Decline in Fairfield County

The Employment services industry has lost the most employment with a total loss of 1,488 jobs. The declines in the Employment services industry make up 15.2 percent of the employment lost during the period in Fairfield County, Connecticut.

Top 5 Industries
1. Employment services (1,488 jobs lost)
2. Accounting and bookkeeping services (1,221 jobs lost)
3. Data processing and related services (960 jobs lost)
4. Wired telecommunications carriers (741 jobs lost)
5. Building equipment contractors (662 jobs lost)

Of the 178 4-digit NAICS industries, 79 showed an escalation in the number employed, while 99 industries reported a drop in employment.

In Fairfield County, Connecticut, the total number of jobs throughout all industries has increased by 9,038 jobs from mid-2005 to mid-2006.

Total One-Year Employment Growth in Fairfield County

Out of the 4-digit NAICS industries, the Management and technical consulting services industry has grown the most with 5,086 total jobs brought in during the period. The growth in the Management and technical consulting services industry makes up 27.8 percent of the total growth in Fairfield County.

Top 5 Industries
1. Management and technical consulting services (5,086 new jobs)
2. Computer systems design and related services (3,228 new jobs)
3. Nonresidential building construction (803 new jobs)
4. Building finishing contractors (730 new jobs)
5. Management of companies and enterprises (708 new jobs)

Employment for all industries has increased by 1.8 percent from 2005 (2nd Quarter). These figures are greater than percent in Connecticut, which experienced a gain of 1.1 percent since the 2nd Quarter of 2005. The gains the area experienced were less than than the gain reported at the US level of 2.0 percent.

Fairfield County One-Year Percentage Growth in Employment

The Satellite telecommunications industry has witnessed the largest percentage of employment expansion, increasing by 89.6 percent from 2005 to 2006. This industry in Fairfield County has added employment faster than the overall industry growth seen in the State of Connecticut, where the industry took a gain of 2.3 percent. The Satellite telecommunications industry in Fairfield County outpaced the nation in terms of industry employment growth . During this period, the nation gained 0.7 percent of the employment in this industry.

Top 5 Industries
1. Satellite telecommunications (89.6 percent gain)
2. Sound recording industries (55.6 percent gain)
3. Colleges and universities (53.3 percent gain)
4. Computer and peripheral equipment mfg. (47.2 percent gain)
5. Grantmaking and giving services (41.0 percent gain)

Fairfield County One-Year Percentage Decline in Employment

The Cement and concrete product manufacturing industry has lost the largest percent of jobs, losing 52 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 sector has gone through in the Connecticut, where the industry reported a gain of 3.7 percent. The losses in the Cement and concrete product manufacturing industry in Fairfield County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 4.4 percent in terms of employees in the Cement and concrete product manufacturing industry.

Top 5 Industries
1. Cement and concrete product manufacturing (52 percent decline)
2. Local messengers and local delivery (40.2 percent decline)
3. Agents and managers for public figures (19 percent decline)
4. Remediation and other waste services (18.8 percent decline)
5. Data processing and related services (17.5 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.

Wednesday, January 10, 2007

Income and Poverty in Fairfield County, Connecticut

As the median household income witnessed a decline during the period of 2000 to 2005 in Fairfield County, Connecticut, the Race/Ethnicity group that experienced the largest decline in the household income level was the Black or African American Race/Ethnicity category. This category went through a decline of 8 percent since 2000. The Asian Race/Ethnicity group has been least impacted by the median income decline in Fairfield County, encountering a 1.9 percent increase in median household income from 2000 to 2005.

Contrasted against to other counties (or parishes) throughout the US, Fairfield County, Connecticut may be understood as having a rate of poverty among its population, accounting a rate of 6.9 percent of the individuals existing in families with incomes under the poverty level in 1999. The American Indian and Alaska Native race/ethnicity demographic category, owns the foremost rate of poverty with 20.3 percent of the population in 2000 living in poverty. Individuals aged 5 years are experiencing most percent people in poverty in Fairfield County, with 9.2 percent of this demographic group living with incomes under poverty.

Compared to counties across the United States, Fairfield County accounted a very high household income of $76,341 (2005 Dollars). The income level is 17.3 percent higher than the median in Connecticut of $63,104 and the median is 35.6 percent higher than the median household income level in the US of $49,133.

The areas median household income has declined from the inflation-adjusted values in 2000. The income level has decreased to $71,633, which amounts to a 6.2 percent decline. Fairfield County, Connecticut, when comparing total percent of decline, ranks 3 of 5 counties in percent of decline for household income in Connecticut. Fairfield County ranks 404 of 668 counties (or parishes) when comparing total percent of decline in household income across the nation.

The poverty rate in Fairfield County, Connecticut has increased by 0.4 percent since the amounts published in 2000, moving from 6.9 percent to 7.3 percent.

The American Indian and Alaska Native householders in Fairfield County had a median household income level of $63,960, this median was 16.2 percent less than the median level for total households in the area. Hispanic headed households in Fairfield County, Connecticut reported a median household income of $45,803, which is 40 percent less than the areas median income level for all households. In Fairfield County, Connecticut White headed households reported a median household income (2005 Dollars) of $83,476 as reported in 2000 by the census, which was 9.3 percent greater than the median household income in 2000. The Asian householders in the area have reported their median household incomes at $92,653. This income level is 21.4 percent greater than the reported median household income, in the area, for all households. Black or African American headed households had a median household income that was 42.5 percent less than the overall median reported in 2000, with a reported median of $43,859.

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

Monday, December 18, 2006

Higher Education in Fairfield County, Connecticut

In Fairfield County, Connecticut according to the Decennial Census of 2000, 43.8 percent of the White Alone, 13.8 percent of Black or African American, 59.6 percent of the Asian alone and 11.6 percent of the Hispanic or Latino (+25) has achieved at least a Bachelors Degree.

Between 2000 and 2005, the percent of the male population that can be understood as highly educated has increased by 1.4 percent. By 2005, 45.4 percent of total male population (over 25), in this area, held at least a Bachelors Degree. At the same time, the percent of women (over 25) holding a BA or higher has increased by a total of 4.0 percent. By 2005, a total of 40.6 percent of the female population having received at least a Bachelors Degree.

Since 2000, Fairfield has increased in the percent of the total population (+25) with a BA or Higher. The portion of this population has grown by 3.0 percent to a total of 42.8 in 2005. The American Community Survey reports that the proporation of the 2005 population that is highly educated is greater than the 2005 State of Connecticut percent of 35 and greater than the national percent of 27.2.

Fairfield County, Connecticut may to understood as having a very highly-educated population of the working age, with 39.8 percent of the population over 25 years old having received at least a Bachelors Degree, according to the Decennial Census of 2000. Fairfield is reported having a higher percent of individuals with higher educations than the State of Connecticut's proportion of 31.4 percent and a higher percent than United States proportion of 24.4 percent.

Reported by the 2000 Census in Fairfield County, Connecticut, the largest educational attainment category for men is the Bachelors Degree or Higher category, with 43.6 percent obtaining this level of education. The women in Fairfield have attainment on average a lower level of higher education (Bachelors or Higher) than the men in the area: 43.6 percent (Men) versus 36.6 percent (Women). A high proportion of the female population in the area has reached the Bachelors Degree or Higher, with 36.6 percent of the female population achieving this education level.

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

Monday, November 27, 2006

Demographic Profile for Fairfield County, Connecticut

Fairfield County, Connecticut had a population that was estimated at 902,775 in the year 2005. The population has increased, from the population in the year 2000 of 884,788. This growth denotes an increase of 2 percent. Fairfield ranks 3 of 8 counties by growth in total population in Connecticut and the county ranks 199 of 3,141 counties by growth in county population in the United States.

In terms of total land area, Fairfield encompasses a total area of 626 square miles. This area has a very high density of 1,443 persons per square mile. Similar counties in the US, in terms of density, include: -- more densely populated -- Douglas, NE (1,471 per sq. mile ), Essex, MA (1,475 per sq. mile ), Broward, FL (1,475 per sq. mile ), -- less densely populated -- Contra Costa, CA (1,414 per sq. mile ), Sacramento, CA (1,412 per sq. mile ), Oakland, MI (1,392 per sq. mile ).

The U.S. Census Bureau, in the year 2005, estimated a median age in Fairfield County, Connecticut to be 39.2 years of age. The median age in Fairfield is less than the median age in the State of Connecticut of 39.3. Since the year 2000, the area has seen an increase in this median, when at that time it was 37.4 years old. With 25.5 percent of the population in 2005 being comprised of children and youth younger than 18, Fairfield can be described as having a medium-high proportion of youths. The 18 to 64 years old population group has a medium-low representation within the estimated 2005 area population, making up 61.5 percent of the population falling in this age category. The retirement (65 and over) group makes up 13 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-low proportion of the population.

Since 2000, a very high number of individual migrated to the Fairfield from another country. The international migration into Fairfield totals 46.8 percent of all immigration into Connecticut. This percent of immigration can be considered very high when analyzed against immigration per population in 2005.

Fairfield County, Connecticut has a population that is comprised of 70.9 percent White, 9.9 percent African American, 4 percent Asian, and 14 percent Hispanic. The area can be described as having a high level of diversity in terms of race and ethnicity, with 27.9 percent of the population being minorities. This is greater than the State of Connecticut percent of 23.2. Since 2000, Fairfield has increased the level of diversity when 25.4 percent of the people were minorities.

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

Friday, November 10, 2006

Housing Report for Fairfield County, Connecticut

In Fairfield County, the census reported 346,942 housing units in the year 2005. This represents a growth in housing units, adding in all 5,565 housing units since the year 2001, or 1.6 percent.

Fairfield County had an owner-occupied dwelling median in 2005 of $475,500, accounted by the American Community Survey. This is greater than the State of Connecticut 2005 median home value of $271,500 and greater than median home value of $167,500 across the United States during the same year.

Fairfield County is made up of a extremely high proportion of residential real estate that is high priced. In 2005, the American Community Survey counted that 46.5 percent owner-occupied dwelling are valued over a half a million dollars.

There seems to be a limited amount of real estate that is affordable in Fairfield County, Connecticut. In 2005, 3.5 percent of residential real estate was valued under $125,000.

The owner-occupied dwellings in Fairfield County, Connecticut have seen large increases from the housing values in 2000. The residential values have increased by $186,600, or 64.6 percent, since 2000 when they were valued at $288,900.

Throughout the State of Connecticut, Fairfield County stands 7 of 8 by percent in growth of new residential structures. The county places 2,233 of 3,141, comparing the percentage change in residential in other US counties.

Data Source: U.S. Census Bureau

Sunday, October 29, 2006

Employment Report for Fairfield County, Connecticut -- Annual 2005 Industry Summary

Management of companies and enterprises has a largest number of employee per establishment in Fairfield County, with the industry averaging 51 jobs per establishment, which is greater than the US industry average of 40 and greater than the State of Connecticut average establishment size of 40 for the Management of companies and enterprises industry.

In Fairfield County, Management of companies and enterprises, Finance and insurance and Arts, entertainment, and recreation industries have the highest United States location quotient (LQ). The Management of companies and enterprises industry has a US LQ in the county of 2.29. In other words, the percent of total jobs in the Management of companies and enterprises sector is 2.29 times greater than the US average, showing signs that Fairfield County may specialize, or be an exporter of Management of companies and enterprises.

Educational services is the industry that has seen the largest increase in jobs from the year 2001 to the present in Fairfield County, growing in new jobs by 19 percent. This is greater than the change in industry employment in the United States of 13.8 percent. The State of Connecticut experienced a sector employment shift of 12.4 percent, since the year 2001.

In Fairfield County, Health care and social assistance, Retail Trade, and the Manufacturing sectors are the largest industries, in terms of total number of jobs in 2005. The Health care and social assistance provides the most jobs and contributes 14 percent of all jobs throughout the county, totaling 51,408 people employed. The Retail Trade and Manufacturing sectors provide 13.8 and 11.6 percent of all employment.









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

 

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