Monday, January 22, 2007

Cedar County One-Year Industry Employment Change

Employment for all industries has increased by 1.2 percent from the reported values in 2005. These values are less than growth in Iowa, which saw a gain of 1.8 percent from 2005 (2nd Quarter). The gains were less than than the gain reported at the US level of 2.0 percent.

Cedar County One-Year Percentage Decline in Employment

The Services to buildings and dwellings industry has seen the largest percentage drop in employment, losing 53.3 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 Iowa, where the industry sector experienced a gain of 2.8 percent. The losses in the Services to buildings and dwellings industry in Cedar County outpaced the US in terms of percent of decline of industry employment. The US gained 3.1 in percent of workers in the Services to buildings and dwellings industry.

Top 5 Industries
1. Services to buildings and dwellings (53.3 percent decline)
2. Building material and supplies dealers (26.8 percent decline)
3. Private households (23.1 percent decline)
4. Death care services (19.5 percent decline)
5. Full-service restaurants (19.5 percent decline)

Cedar County One-Year Percentage Growth in Employment

The Accounting and bookkeeping services industry has gone through the largest job growth by percent, increasing by 56.6 percent from 2005 to 2006. This industry in Cedar County has increased employment faster than the industry has grown in the State of Iowa, where the industry felt a gain of 5.7 percent. The Accounting and bookkeeping services industry in Cedar County outpaced the United States, which experienced a gained 3.8 percent.

Top 5 Industries
1. Accounting and bookkeeping services (56.6 percent gain)
2. Activities related to real estate (29.4 percent gain)
3. Civic and social organizations (29.3 percent gain)
4. Insurance agencies, brokerages, and related (24.2 percent gain)
5. Building finishing contractors (21.7 percent gain)

Total One-Year Employment Decline in Cedar County

Given the industries in the area, the Full-service restaurants industry witnessed the largest drop in employment, losing a total of 34 jobs during the time period. The jobs lost in the Full-service restaurants industry make up 36.2 percent of the total job loss in Cedar County, Iowa.

Top 5 Industries
1. Full-service restaurants (34 jobs lost)
2. Services to buildings and dwellings (11 jobs lost)
3. Building material and supplies dealers (10 jobs lost)
4. Grocery stores (9 jobs lost)
5. Offices of other health practitioners (6 jobs lost)

Total One-Year Employment Growth in Cedar County

Out of the 4-digit NAICS industries, the Accounting and bookkeeping services industry has added the most employment with 34 new jobs created in the period. The job growth in the Accounting and bookkeeping services industry makes up 38.1 percent of the total growth in Cedar County.

Top 5 Industries
1. Accounting and bookkeeping services (34 new jobs)
2. Child day care services (6 new jobs)
3. Specialized freight trucking (6 new jobs)
4. Insurance agencies, brokerages, and related (5 new jobs)
5. Nonresidential building construction (5 new jobs)

Out of the 35 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 15 described an expansion of jobs throughout the time period, while 20 industry sectors reported declines during the time period.

In Cedar County, Iowa, the entire sum of jobs in all industries overall has increased by 50 jobs from mid-2005 to mid-2006.





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 Cedar County, Iowa

When analyzed against other counties (and parishes) in the US, Cedar County accounted a relatively high median income for all households of $49,372 (Adjusted to 2005 Dollars). This figure is 6.5 percent higher than the household income median in State of Iowa of $46,179 and the income level is 0.5 percent higher than the median in the US, which is $49,133.

Hispanic in Cedar County, Iowa recorded a median income of $46,069, this median is 6.7 percent less than the median reported for all households in the area. Black or African American headed households had median income levels that were 85.2 percent less than the total 2000 reported median, with a their median reported to be $7,313. The American Indian and Alaska Native headed households in Cedar County reported a median household income of $9,263, this level was 81.2 percent less than the median for all households. In Cedar County, Iowa White householders had a median income (2005 Dollars) of $49,390 according to the Decennial Census of 2000, which was only slightly greater than the median household income in 2000. According to the 2000 Census, the Asian headed households in the area have median household incomes of $39,488. This median income level is 20 percent less than the reported median for all households in the area.

When compared to other counties (or parishes) across the United States, Cedar County, Iowa can be recognized as having a very low poverty rate amid the residents with a poverty rate of 5.5 percent of the individuals existing in families with incomes under the poverty level in 1999. The American Indian and Alaska Native race/ethnicity population cohort, has the uppermost poverty rate with 42.3 percent of the 2000 residents living in poverty. People aged 75 years and over have the largest percent of population in poverty in Cedar County, with 10.7 percent of this demographic group living with incomes under poverty.







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

 

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