Monday, January 22, 2007

Benton County One-Year Industry Employment Change

From the 44 industries with industry data reported by the BLS in each quarter, 20 showed an escalation in the number employed, while 23 industry sectors accounting for employment declines during that time period.

In Benton County, Iowa, the aggregate employment for all industry sectors has decreased by 24 jobs between mid-2005 and mid-2006.

Total One-Year Employment Growth in Benton County

Of the industries (4-digit NAICS) in the area, the Building equipment contractors industry has grown the most with 14 employees finding new jobs in the industry. The employment growth in the Building equipment contractors industry makes up 11.7 percent of the growth in Benton County.

Top 5 Industries
1. Building equipment contractors (14 new jobs)
2. Limited-service eating places (14 new jobs)
3. General freight trucking (12 new jobs)
4. Community care facilities for the elderly (12 new jobs)
5. Child day care services (10 new jobs)

Total One-Year Employment Decline in Benton County

Given the industries in the area, the Wired telecommunications carriers industry has lost the most employment with a total loss of 99 jobs during the period. The employment lost in the Wired telecommunications carriers industry make up 58.1 percent of the employment lost during the period in Benton County, Iowa.

Top 5 Industries
1. Wired telecommunications carriers (99 jobs lost)
2. Individual and family services (14 jobs lost)
3. Other amusement and recreation industries (12 jobs lost)
4. Residential building construction (7 jobs lost)
5. Gasoline stations (7 jobs lost)

Total industry employment has decreased by 0.5 percent from 2005 (2nd Quarter). These figures are greater than growth in Iowa, experiencing a gain of 1.8 percent since the 2nd Quarter of 2005. The losses the area experienced were greater than than the gain reported at the US level of 2.0 percent.

Benton County One-Year Percentage Decline in Employment

The Wired telecommunications carriers industry has seen the largest percentage drop in employment, losing 77.2 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has seen in the Iowa, where the industry sector experienced a loss of 7.7 percent. The losses in the Wired telecommunications carriers industry in Benton County outpaced the United States industry losses overall. During this period, the United States lost 5.9 percent in terms of employees in the Wired telecommunications carriers industry.

Top 5 Industries
1. Wired telecommunications carriers (77.2 percent decline)
2. Individual and family services (42.3 percent decline)
3. Lessors of real estate (34.6 percent decline)
4. Building finishing contractors (18 percent decline)
5. Traveler accommodation (15.4 percent decline)

Benton County One-Year Percentage Growth in Employment

The Personal care services industry has witnessed the largest percentage of employment expansion, increasing by 32.4 percent from 2005 to 2006. This industry in Benton County has grow faster than the growth seen in the industry for Iowa, where the industry felt a loss of 0.4 percent. The Personal care services industry in Benton County outpaced the United States, which experienced a gained 2.3 percent.

Top 5 Industries
1. Personal care services (32.4 percent gain)
2. Child day care services (29.0 percent gain)
3. Other professional and technical services (27.5 percent gain)
4. Community care facilities for the elderly (24.5 percent gain)
5. Building equipment contractors (22.6 percent gain)





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 Benton County, Iowa

Black or African American householders reported a median household income that was 21.4 percent less than the overall median reported in 2000, with a reported median of $39,000. Hispanic Householders in Benton County, Iowa reported a median household income of $49,098, which is 1.1 percent less than the areas median income level for all households. In Benton County, Iowa White headed households reported a median household income (2005 Dollars) of $49,678 according to the Decennial Census of 2000, which was 0.1 percent greater than the median in 2000.

Contrasted against to other counties (or parishes) throughout the US, Benton County, Iowa may be understood as having a poverty rate amongst the population, with a poverty rate of 6.1 percent of the individuals existing in families with incomes under the poverty level in 1999. The Hispanic race/ethnicity demographic group, represents the largest rate of poverty with 11 percent of the people in 2000 living in poverty. The population that is aged 5 years are experiencing most percent people in poverty in Benton County, with 11.5 percent of this age group in the area living in poverty.

Compared to counties across the United States, Benton County had a relatively high household income of $49,640 (Adjusted to 2005 Dollars). This is 7 percent higher than the median in Iowa of $46,179 and this is 1 percent higher than the median household income level in the US of $49,133.







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

 

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