Monday, January 22, 2007

Towns County One-Year Industry Employment Change

Total One-Year Employment Growth in Towns County

The Depository credit intermediation industry has grown the most with 15 employees finding new jobs in the industry. The employment growth in the Depository credit intermediation industry makes up 19.4 percent of the growth in Towns County.

Top 5 Industries
1. Depository credit intermediation (15 new jobs)
2. Building equipment contractors (13 new jobs)
3. Other general merchandise stores (10 new jobs)
4. Architectural and engineering services (9 new jobs)
5. Other specialty trade contractors (8 new jobs)

In Towns County, Georgia, the aggregate employment for all industry sectors has increased by 129 jobs between mid-2005 and mid-2006.

From the 21 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 8 accounted an for increase in employment during the period and 12 industries reported employment loss in the period.

Total One-Year Employment Decline in Towns County

From of the area's 4-digit NAICS industries, the Full-service restaurants industry experienced most substantial job loss, losing 50 jobs. The declines in the Full-service restaurants industry make up 63.7 percent of the employment lost during the period in Towns County, Georgia.

Top 5 Industries
1. Full-service restaurants (50 jobs lost)
2. Gasoline stations (8 jobs lost)
3. Medical equipment and supplies manufacturing (6 jobs lost)
4. Grocery stores (4 jobs lost)
5. Electronic markets and agents and brokers (4 jobs lost)

Towns County One-Year Percentage Growth in Employment

The Architectural and engineering services industry has seen the largest percentage job growth, expanding by 128.6 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Towns County has expanded faster than the overall industry growth seen in the State of Georgia, where the industry took a gain of 7.7 percent. The Architectural and engineering services industry in Towns County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 5.5 percent of the industry employment.

Top 5 Industries
1. Architectural and engineering services (128.6 percent gain)
2. Services to buildings and dwellings (44.4 percent gain)
3. Electronics and appliance stores (27.3 percent gain)
4. Auto parts, accessories, and tire stores (25.9 percent gain)
5. Other specialty trade contractors (25.0 percent gain)

Total employment has increased by 4.2 percent from the reported values in 2005. These values are greater than growth in the State of Georgia, which saw a gain of 3.2 percent from 2005 (2nd Quarter). The gains in the area were greater than than the gain experienced overall in the US of 2.0 percent.

Towns County One-Year Percentage Decline in Employment

The Full-service restaurants industry has seen the largest percentage drop in employment, losing 22.8 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has felt in the State of Georgia, where the industry sector experienced a gain of 0.1 percent. The losses in the Full-service restaurants industry in Towns County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 2.2 in percent of jobs in the Full-service restaurants industry.

Top 5 Industries
1. Full-service restaurants (22.8 percent decline)
2. Electronic markets and agents and brokers (20.4 percent decline)
3. Medical equipment and supplies manufacturing (15 percent decline)
4. Management and technical consulting services (14.3 percent decline)
5. Gasoline stations (13.7 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 Towns County, Georgia

The Asian householders in the area have reported their median household incomes at $28,415. This income level is 24 percent less than the reported median household income for all households in the area. Hispanic in Towns County, Georgia , as reported in 2000, had a median household income of $39,780, this median is 6.4 percent greater than the median reported for all households in the area. In Towns County, Georgia White householders had a median household income (in 2005 Dollars) of $37,640 as reported by the Decennial Census of 2000, which was 0.7 percent greater than the median in 2000. The American Indian and Alaska Native households in Towns County reported a median household income of $10,238, this was 72.6 percent less than the median for all households.

When compared to other counties (or parishes) across the United States, Towns County, Georgia may be understood as having a medium-low poverty rate amongst the population, with a poverty rate of 11.8 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 100 percent of the 2000 population living in poverty. People that are of the age 5 years have the most percent of people living in poverty in Towns County, having 22.6 percent of this demographic group living with incomes under poverty.

Compared to counties across the United States, Towns County had a medium-low median income for households of $37,382 (Adjusted to 2005 Dollars). This is 32.8 percent lower than the median income in State of Georgia of $49,647 and this is 31.4 percent lower than the median household income in the United States of $49,133.







Datasource: U.S. Bureau of the Census. 2000 Decennial Census.

 

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