Tuesday, February 27, 2007

Webster County Industry Wages Lag Behind Iowa, and Wages Lag Behind the United States


(Click Image to Enlarge Graph)



The overall industry wages in Webster County, Iowa when analyzed can be described as relatively high when analyzed with other Counties in the state. The overall wages are 6.2 percent lower than the reported averages in the state of $32,587. The industry pay was less 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.

Friday, February 23, 2007

Webster County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Webster County

From the industries (4-digit NAICS) in the area, the Limited-service eating places industry has added the most employment with 117 new jobs created in the period. The job growth in the Limited-service eating places industry makes up 18.5 percent of the growth in Webster County.

Top 5 Industries
1. Limited-service eating places (117 new jobs)
2. Full-service restaurants (96 new jobs)
3. Building equipment contractors (71 new jobs)
4. Grocery and Related Product Wholesalers (60 new jobs)
5. Child day care services (53 new jobs)

Out of the 64 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 40 reported job growth in the duration of the last five years and 24 industries reported employment loss in the period.

In Webster County, Iowa, the aggregate employment for all industry sectors has decreased by 400 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Decline in Webster County

From of the area's 4-digit NAICS industries, the Nursing care facilities industry has lost the most employment with a total loss of 115 jobs in that time period. The declines in the Nursing care facilities industry make up 13.9 percent of the total employment decline in Webster County, Iowa.

Top 5 Industries
1. Nursing care facilities (115 jobs lost)
2. Grocery stores (68 jobs lost)
3. Automobile dealers (56 jobs lost)
4. Employment services (44 jobs lost)
5. Automotive repair and maintenance (42 jobs lost)

Webster County Five-Year Percentage Decline in Employment

The Commercial equip. merchant wholesalers industry has lost the largest percent of jobs, losing 71.9 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has seen in the Iowa, where the it saw a loss of 1.2 percent. The losses in the Commercial equip. merchant wholesalers industry in Webster County outpaced the US in terms of percent of decline of industry employment. The US lost 7.2 in percent of workers in the Commercial equip. merchant wholesalers industry.

Top 5 Industries
1. Commercial equip. merchant wholesalers (71.9 percent decline)
2. Management and technical consulting services (58.5 percent decline)
3. Nondepository credit intermediation (52.3 percent decline)
4. Other miscellaneous store retailers (49.4 percent decline)
5. Drycleaning and laundry services (43.7 percent decline)

Webster County Five-Year Percentage Growth in Employment

The Investigation and security services industry has experienced the largest percentage growth, expanding by 136.5 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Webster County has expanded faster than the industry has grown in the State of Iowa, where it saw a loss of 2.5 percent. The Investigation and security services industry in Webster County outpaced the nation in terms of industry employment growth . During this period, the nation gained 7.7 percent.

Top 5 Industries
1. Investigation and security services (136.5 percent gain)
2. Grocery and Related Product Wholesalers (96.8 percent gain)
3. Child day care services (57.7 percent gain)
4. Motor vehicle and parts merchant wholesalers (57.1 percent gain)
5. Hog and pig farming (50.7 percent gain)

Total industry employment has decreased by 2.4 percent since the 2nd Quarter of 2001. This is greater than percent in the State of Iowa, experiencing a gain of 2.5 percent since the 2nd Quarter of 2001. The losses 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.

 

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