In New London County, jobs in the securities and commodity contracts brokerage pay the highest wages

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Individuals that are employed in the securities and commodity contracts brokerage industry had the highest average wages in New London County for 2006. The average industry job in New London County earned an annual wage of $121,346 in 2006. The average wage is less than the industry pay the State of Connecticut of $199,934 and less than then the wage for jobs in this industry in the US of $138,150.

Other top-pay jobs in New London County, Connecticut can be found in scientific research and development services ($118,047), software publishers ($92,761), lessors of nonfinancial intangible assets ($88,790) and other fabricated metal product manufacturing ($86,794) industries. Note: For Detail Comparison, Click the Above Graph

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.

New London County Wages have increased by 10.9% Since 2001

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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in New London County, Connecticut by a total of 10.9%. This is less than the growth in industry wages for the State of Connecticut and less than the growth in average industry wages for the United States.

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.

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

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Total wages in all industries in New London County, Connecticut can be described as medium-low when analyzed with other Counties in the state. The overall wages are 18.2 percent lower than the state, which was reported to be $50,793. The average industry wage was greater than the industry average in the US 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.

New London County Five-Year Industry Employment Change

In New London County, Connecticut, the total number of workers for all sectors has increased by 3,587 jobs between mid-2001 and mid-2006.

Total Five-Year Employment Decline in New London County

From of the area's 4-digit NAICS industries, the Department stores industry witnessed the largest drop in employment, losing a total of 698 jobs during the period. The employment lost in the Department stores industry make up 12.3 percent of the jobs lost during the period in New London County, Connecticut.

Top 5 Industries
1. Department stores (698 jobs lost)
2. Traveler accommodation (583 jobs lost)
3. Employment services (467 jobs lost)
4. Nonresidential building construction (403 jobs lost)
5. Investigation and security services (366 jobs lost)

Given the 138 4-digit NAICS industries, 59 showed an escalation in the number employed, while 78 industry sectors accounting for employment declines during that time period.

Total Five-Year Employment Growth in New London County

The Full-service restaurants industry has added the most employment with 1,097 new jobs created in the period. The job growth in the Full-service restaurants industry makes up 10.9 percent of the growth in New London County.

Top 5 Industries
1. Full-service restaurants (1,097 new jobs)
2. Other general merchandise stores (1,037 new jobs)
3. Scientific research and development services (995 new jobs)
4. Limited-service eating places (694 new jobs)
5. Offices of physicians (362 new jobs)

New London County Five-Year Percentage Growth in Employment

The Electronic equipment repair and maintenance industry has seen the largest percentage job growth, expanding by 726.4 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in New London County has grow faster than the industry has grown in the State of Connecticut, where it saw a gain of 20.4 percent. The Electronic equipment repair and maintenance industry in New London County outpaced the national average, which felt a lost 2.5 percent.

Top 5 Industries
1. Electronic equipment repair and maintenance (726.4 percent gain)
2. Other general merchandise stores (448.3 percent gain)
3. Scientific research and development services (349.4 percent gain)
4. Other residential care facilities (330.1 percent gain)
5. Wireless telecommunications carriers (321.4 percent gain)

New London County Five-Year Percentage Decline in Employment

The Unclassified industry has lost the biggest percent of jobs, losing 84.6 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has gone through in the Connecticut, where the it saw a loss of 73 percent. The losses in the Unclassified industry in New London County outpaced the United States industry losses overall. During this period, the United States gained 1.7 percent in terms of employment in the Unclassified industry.

Top 5 Industries
1. Unclassified (84.6 percent decline)
2. Other heavy construction (80.8 percent decline)
3. Automotive equipment rental and leasing (65.3 percent decline)
4. Investigation and security services (55.8 percent decline)
5. Educational support services (54.4 percent decline)

Employment for all industries has increased by 4.1 percent since the 2nd Quarter figures of 2001. This change is less than percent in the State of Connecticut, which went through a loss of -0.4 percent from 2001 (2nd Quarter). The gains in the area were greater than than the gain reported at the US level 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.

New London County One-Year Industry Employment Change

Employment for all industries has increased by 0.2 percent from 2005 (2nd Quarter). These figures are less than growth in the State of Connecticut, which experienced a gain of 1.1 percent from 2005 (2nd Quarter). The gains felt were less than than the gain seen for the United States of 2.0 percent.

New London County One-Year Percentage Growth in Employment

The Other specialty trade contractors industry has experienced the largest percentage growth, expanding by 29.1 percent from 2005 to 2006. This industry in New London County has grow faster than the overall industry growth seen in the State of Connecticut, where the industry took a gain of 6.3 percent. The Other specialty trade contractors industry in New London County outpaced the nation in terms of industry employment growth . During this period, the nation gained 6.8 percent.

Top 5 Industries
1. Other specialty trade contractors (29.1 percent gain)
2. Private households (26.5 percent gain)
3. Remediation and other waste services (7.0 percent gain)
4. Gasoline stations (6.0 percent gain)
5. Misc. durable goods merchant wholesalers (2.1 percent gain)

New London County One-Year Percentage Decline in Employment

The Computer systems design and related services industry has seen the largest percentage drop in employment, losing 18.2 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 sector experienced a gain of 6.5 percent. The losses in the Computer systems design and related services industry in New London County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 6.8 percent in terms of employment in the Computer systems design and related services industry.

Top 5 Industries
1. Computer systems design and related services (18.2 percent decline)
2. Building equipment contractors (17.4 percent decline)
3. Services to buildings and dwellings (10.6 percent decline)
4. Building finishing contractors (8.9 percent decline)
5. Motor vehicle and parts merchant wholesalers (8 percent decline)

In New London County, Connecticut, the total number of workers for all sectors has increased by 5 jobs between mid-2005 and mid-2006.

Total One-Year Employment Growth in New London County

Out of the 4-digit NAICS industries, the Other specialty trade contractors industry has accounted the most employment growth with a total of 25 employees finding new jobs in the industry. The employment growth in the Other specialty trade contractors industry makes up 64.9 percent of the total growth in New London County.

Top 5 Industries
1. Other specialty trade contractors (25 new jobs)
2. Gasoline stations (7 new jobs)
3. Private households (3 new jobs)
4. Building foundation and exterior contractors (1 new jobs)
5. Remediation and other waste services (1 new jobs)

Of the 14 industries with industry data reported by the BLS in each quarter, 8 accounted an for increase in employment during the period and 6 industries reported a drop in employment.

Total One-Year Employment Decline in New London County

Of the area's industries (4-digit NAICS), the Building equipment contractors industry experienced most substantial job loss, losing 26 jobs during the time period. The jobs lost in the Building equipment contractors industry make up 39.5 percent of the total employment decline in New London County, Connecticut.

Top 5 Industries
1. Building equipment contractors (26 jobs lost)
2. Building finishing contractors (15 jobs lost)
3. Services to buildings and dwellings (11 jobs lost)
4. Other wood product manufacturing (7 jobs lost)
5. Limited-service eating places (3 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 New London County, Connecticut

The areas median household income has increased a small amount from the values (adjusted for inflation) in 2000. The median has increased to $59,268, representing a 0 percent growth. New London County, Connecticut, in terms of percentage of growth, ranks 3 of 3 counties in percent of growth for the household income level in the State of Connecticut. New London County ranks 119 of 119 counties (or parishes) when comparing total percent of growth in median household income in the United States.

Evaluated with other counties (or parishes) across the nation, New London County, Connecticut can be understood to have a rate of poverty among the people, accounting a rate of 6.4 percent with a family income under the 1999 poverty level. The Hispanic race/ethnicity population category, holds the highest rate of poverty with 19.8 percent of the population in 2000 living in poverty. Individuals aged Under 5 years have the most percent of people living in poverty in New London County, having 11.6 percent of this age cohort living in poverty.

As the median household income witnessed a growth during the period of 2000 to 2005 in New London County, Connecticut, the Race/Ethnicity category that felt the biggest growth in median household income was the Black or African American category. This group felt an increase of 11.8 percent in the last five years. The American Indian and Alaska Native Race/Ethnicity group has been least impacted by the median income growth in New London County, seeing a 11.7 percent decline in median income, since the values reported in the 2000 Decennial Census.

Hispanic headed households in New London County, Connecticut reported a median household income of $42,451, which is 28.4 percent less than the median reported for all households in the area. The American Indian and Alaska Native households in New London County had a median household income level of $62,434, which was 5.4 percent greater than the median income level in this area. The Asian headed households reported median household incomes of $68,073. This income level is 14.9 percent greater than the reported median for all households in the area. Black or African American headed households had median income levels that were 24 percent less than the all population median published in the 2000 Census, with a median of $45,045. In New London County, Connecticut White householders had a median household income (in 2005 Dollars) of $60,573 as reported by the Decennial Census of 2000, which was 2.2 percent greater than the median in 2000.

Compared to other counties (and parishes) throughout the nation, New London County had a relatively high median income for households of $59,256 (Adjusted to 2005 Dollars). This figure is 6.5 percent lower than the household income median in State of Connecticut of $63,104 and this is 17.1 percent higher than the median household income in the United States of $49,133.

The poverty rate in New London County, Connecticut has declined by 0.9 percent from the rates reported in the Decennial Census, moving from 6.4 percent to 5.5 percent.

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

Higher Education in New London County, Connecticut

In 2000, the Census reported that in New London County, Connecticut, many men in the area have reached the High School Diploma category, with 31.8 percent receiving this level of education. The women in New London have achieved a lower level of higher education (Bachelors or Higher) than the men in the area: 26.8 percent (Men) versus 25.6 percent (Women). The largest educational attainment category for women is High School Diploma, with 32.2 percent of the women population in the area achieving this level of education.

In New London County, Connecticut according the 2000 Decennial Census, 27.2 percent of the White Alone, 12.6 percent of Black or African American, 44.2 percent of the Asian alone and 11.8 percent of the Hispanic or Latino (+25) has achieved at least a Bachelors Degree.

New London County, Connecticut has a highly-educated population, with 26.2 percent of the population (+25) having received at least a Bachelors Degree, as reported in the Decennial Census of 2000. New London has a lower 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.

From 2000, New London has increased in the population percent with a Bachelors of Higher. This population percent has grown by 3.6 percent to a total of 29.8 in 2005, according to the American Community Survey. The 2005 proportion of highly educated population is less than the 2005 State of Connecticut percent of 35 and greater than the US percent of 27.2.

Between 2000 and 2005, the percent of the male population that can be understood as highly educated has increased by 5.4 percent. By 2005, 32.4 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 1.6 percent. By the year 2005, a total of 27.2 percent of the total female population achieved this high level of education.

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

Demographic Profile for New London County, Connecticut

New London County, Connecticut had a population that was estimated at 266,618 for the year 2005. The total population has increased, since its 2000 population of 259,481. This growth shows an increase of 2.8 percent. New London ranks 7 of 8 counties in terms of population growth in Connecticut and the county ranks 407 of 3,141 counties when analyzing total county population change across the nation.

The population division of the Census Bureau estimates in 2005 a median age in New London County, Connecticut to be 38.4 years old. The median age in New London is less than the median age for the State of Connecticut of 39.3. Since the year 2000, the area has seen an increase in the median age, at that time the median was 37.0 years old. With 23.3 percent of the population in the year 2005 being made up of individuals less than 18 years old, New London can be described as having a medium-high proportion of youths. The 18 to 64 years old population group has a medium-high representation within the population, making up 63.6 percent of the population within the age category. People 65 years old and older make up 13.1 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-low percent of the population base.

Estimated since the year 2000, a medium-high amount of people have migrated to New London internationally. The international migration into New London makes up 3 percent of all immigration into Connecticut. This amount of international migration is medium-high when compared to international migration per 2005 population.

New London County, Connecticut has a population that is made of 82.6 percent White, 5.3 percent African American, 3.1 percent Asian, and 6.1 percent Hispanic. The area can be described as having a modest level of diversity, with 14.5 percent of minorities in the 2005 population base. This is less than the State of Connecticut percent of 23.2. Since 2000, New London has increased the percent of minority makeup when 12.3 percent of the total population were minorities.

When measuring the total land area, New London extends a total area of 666 square miles. The land areas has a medium-high average area density of 400 persons per square mile, in 2005. Other US counties with similar densities include: -- more densely populated -- Johnson, IN (401 per sq. mile ), James City, VA (402 per sq. mile ), Cumberland, PA (405 per sq. mile ), -- less densely populated -- Medina, OH (396 per sq. mile ), Maricopa, AZ (395 per sq. mile ), St. Clair, IL (392 per sq. mile ).

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

Housing Report for New London County, Connecticut

New London County had an owner-occupied dwelling median in 2005 of $237,400, according to the American Community Survey. This median is less than the overall Connecticut 2005 home median value of $271,500 and greater than median home value of $167,500 across the United States during the same year.

In New London County, the real estate market was made up of 114,805 homes in 2005. The county has experienced a growth in housing units, adding a total of 3,396 residential structures since 2001, a change of 3 percent.

The residential housing values in New London County, Connecticut have seen large increases from the real estate values reported in 2000. The valuations have increased by $95,200, or 66.9 percent, from when in 2000 they were valued at $142,200.

In the State of Connecticut, New London County stands 4 of 8 in terms of percentage growth in new housing structures. The county ranks 1,365 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

New London County has a relatively high percentage of high-priced residential real estate. In 2005, the American Community Survey accounted that 10.4 percent of the houses are valued over a half a million dollars.

There is a limited amount of housing that is affordable in New London County, Connecticut. In 2005, 9.6 percent of owner-occupied dwellings were valued under $125k.

Data Source: U.S. Census Bureau

Employment Report for New London County, Connecticut -- Annual 2005 Industry Summary

Administrative and waste services between the years 2001 and 2005, saw the greatest loss in employment in New London County. The industry lost a total of 609 jobs during the period, or 16.1 percent of jobs in the industry. The losses in this industry made up 27.8 percent of the total jobs loss in the County.

In New London County, Manufacturing, Health care and social assistance, and the Retail Trade sectors, in terms of total employment, are the largest. Manufacturing is the major employer in the county making up 19.4 percent of the total county employment. This totals 17,433 employees. The Health care and social assistance and Retail Trade sectors provide 16.3 and 16 percent of industry employment.

Management of companies and enterprises is the industry with the largest change in employment since the year 2001 in New London County, rising by 44.1 percent. This is greater than the rate of employment change across the nation of 1.6 percent. The State of Connecticut had an industry job change of -11.7 percent, during the period of 2001 to 2005.

Utilities is the industry with the largest establishments in New London County, with the industry averaging 119 jobs per establishment, which is greater than the industry's average in the United States of 34 and greater than the Connecticut typical size of 57 for the Utilities industry.

In New London County, Utilities, Manufacturing and Agriculture, forestry, fishing and hunting industries have the highest United States location quotient (LQ). The Utilities industry has an LQ of 3.18. The percent of employment in the Utilities sector is 3.18 times greater than the national average, signifying that New London may be an exporter of products or services of Utilities.







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