Wednesday, March 21, 2007

In Twin Falls County, jobs in the securities and commodity contracts brokerage pay the highest wages


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Jobs in the securities and commodity contracts brokerage industry reported the top wages in Twin Falls County for the 2nd quarter of 2006. The average worker in the industry in Twin Falls County earned an annual wage of $68,603 in 2nd quarter of 2006. The pay is less than the industry wage in Idaho of $96,261 and less than then the wage for jobs in this industry at the United States Level of $138,150.

Other high-paying jobs in Twin Falls County, Idaho may be found in offices of physicians ($64,555), wired telecommunications carriers ($54,780), management of companies and enterprises ($48,061) and legal services ($46,189) 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.

Friday, March 09, 2007

Twin Falls County Wages have increased by 16.8% Since 2001


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From 2001 to 2006, average industry wages increased in Twin Falls County, Idaho by a total of 16.8%. This is greater than the growth in wages for the State of Idaho and greater than the growth in average wages for the US.

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.

Tuesday, February 27, 2007

Twin Falls County Industry Wages Lag Behind Idaho, and Wages Lag Behind the United States


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Total wages in all industries in Twin Falls County, Idaho can be described as medium-low when compared to other 2nd quarter of 2006 County wages throughout the state. The average pay is 22.2 percent lower than the state, which was reported to be $31,468. The average industry wage was less than the US average pay 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

Twin Falls County Five-Year Industry Employment Change

Twin Falls County Five-Year Percentage Decline in Employment

The Petroleum merchant wholesalers industry has seen the largest percentage drop in employment, losing 60.8 percent of the jobs from the 2nd quarter of 2001 to 2nd quarter of 2006. The losses of the area have declined faster than the industry has seen in the Idaho, where the it saw a loss of 23.9 percent. The losses in the Petroleum merchant wholesalers industry in Twin Falls County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 9.9 in percent of jobs in the Petroleum merchant wholesalers industry.

Top 5 Industries
1. Petroleum merchant wholesalers (60.8 percent decline)
2. Hardware and plumbing merchant wholesalers (46.6 percent decline)
3. Automotive equipment rental and leasing (44.8 percent decline)
4. Other crop farming (39.4 percent decline)
5. Securities and commodity contracts brokerage (38.3 percent decline)

Employment for all industries has increased by 11.5 percent since the 2nd Quarter figures of 2001. This change is less than percent in the State of Idaho, which experienced a gain of 13.5 percent since the 2nd Quarter of 2001. The gains in the area were greater than than the gain experienced overall in the US of 2.6 percent.

Twin Falls County Five-Year Percentage Growth in Employment

The Activities related to credit intermediation industry has witnessed the largest percentage of employment expansion, increasing by 164.6 percent from 2001 to 2006. This industry in Twin Falls County has expanded faster than the overall industry growth seen in the State of Idaho, where the industry took a gain of 59.2 percent. The Activities related to credit intermediation industry in Twin Falls County outpaced the United States, which experienced a gained 49.5 percent in this industry.

Top 5 Industries
1. Activities related to credit intermediation (164.6 percent gain)
2. Residential building construction (141.1 percent gain)
3. Death care services (123.5 percent gain)
4. Oilseed and grain farming (120.5 percent gain)
5. Private households (118.5 percent gain)

From the 100 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 33 accounted an for increase in employment during the period and 66 industry sectors reported declines during the time period.

Total Five-Year Employment Decline in Twin Falls County

Given the industries in the area, the Other crop farming industry experienced most substantial job loss, losing 153 jobs during the time period. The jobs lost in the Other crop farming industry make up 16.6 percent of the total job loss in Twin Falls County, Idaho.

Top 5 Industries
1. Other crop farming (153 jobs lost)
2. Automobile dealers (146 jobs lost)
3. Grocery stores (82 jobs lost)
4. Automotive equipment rental and leasing (53 jobs lost)
5. Full-service restaurants (44 jobs lost)

In Twin Falls County, Idaho, the total number of workers for all sectors has increased by 2,862 total jobs from 2001 to 2006.

Total Five-Year Employment Growth in Twin Falls County

The Cattle ranching and farming industry has grown the most with 505 jobs added during the time period. These new jobs in the Cattle ranching and farming industry makes up 14.7 percent of the total growth in Twin Falls County.

Top 5 Industries
1. Cattle ranching and farming (505 new jobs)
2. Individual and family services (255 new jobs)
3. Building material and supplies dealers (249 new jobs)
4. Residential building construction (187 new jobs)
5. Services to buildings and dwellings (125 new jobs)





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.

Monday, January 22, 2007

Twin Falls County One-Year Industry Employment Change

Total One-Year Employment Growth in Twin Falls County

The Cattle ranching and farming industry has grown the most with 269 new jobs created in the period. The job growth in the Cattle ranching and farming industry makes up 16.7 percent of the total number of new jobs in Twin Falls County.

Top 5 Industries
1. Cattle ranching and farming (269 new jobs)
2. Residential building construction (110 new jobs)
3. Services to buildings and dwellings (68 new jobs)
4. Sporting goods and musical instrument stores (65 new jobs)
5. Building material and supplies dealers (56 new jobs)

In Twin Falls County, Idaho, the aggregate employment for all industry sectors has increased by 893 jobs from mid-2005 to mid-2006.

Of the 109 industries with industry data reported by the BLS in each quarter, 36 described an expansion of jobs throughout the time period, while 73 industry sectors reported declines during the time period.

Total One-Year Employment Decline in Twin Falls County

The Employment services industry witnessed the largest drop in employment, losing a total of 403 jobs during the time period. The jobs lost in the Employment services industry make up 43.0 percent of the employment lost during the period in Twin Falls County, Idaho.

Top 5 Industries
1. Employment services (403 jobs lost)
2. Other crop farming (143 jobs lost)
3. Accounting and bookkeeping services (70 jobs lost)
4. Management and technical consulting services (52 jobs lost)
5. Civic and social organizations (51 jobs lost)

Twin Falls County One-Year Percentage Growth in Employment

The Other wood product manufacturing industry has witnessed the largest percentage of employment expansion, increasing by 100.0 percent from 2005 to 2006. This industry in Twin Falls County has expanded faster than the industry job growth experienced in Idaho, where the industry felt a gain of 18 percent. The Other wood product manufacturing industry in Twin Falls County outpaced the nation in terms of industry employment growth . During this period, the nation gained 1.7 percent in this industry.

Top 5 Industries
1. Other wood product manufacturing (100.0 percent gain)
2. Residential building construction (52.6 percent gain)
3. Clothing stores (48.9 percent gain)
4. Florists (45.5 percent gain)
5. Cattle ranching and farming (36.7 percent gain)

Twin Falls County One-Year Percentage Decline in Employment

The Petroleum merchant wholesalers industry has lost the largest percent of jobs, losing 62 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has gone through in the Idaho, where the industry felt a loss of 16.8 percent. The losses in the Petroleum merchant wholesalers industry in Twin Falls County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 1.2 percent in terms of employees in the Petroleum merchant wholesalers industry.

Top 5 Industries
1. Petroleum merchant wholesalers (62 percent decline)
2. Civic and social organizations (50.3 percent decline)
3. Other crop farming (37.8 percent decline)
4. Automotive equipment rental and leasing (31.8 percent decline)
5. Electric goods merchant wholesalers (29.7 percent decline)

Employment for all industries has increased by 3.3 percent since the 2nd Quarter of 2005. This is less than percent in Idaho, experiencing a gain of 5.9 percent since 2005 ( 2nd Quarter). The gains felt were greater than than the gain experienced overall in the US of 2.0 percent.





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 Twin Falls County, Idaho

The areas median household income has declined from the values (adjusted for inflation) in 2000. The median has decreased to $38,702, which amounts to a 4.1 percent decline. Twin Falls County, Idaho, when comparing total percent of decline, ranks 5 of 6 counties in percent of decline for the household income level in the State of Idaho. Twin Falls County ranks 502 of 668 counties (or parishes) when comparing total percent of decline in median income level for the United States.

The rate of poverty in Twin Falls County, Idaho has increased by 5.2 percent from the levels reported in the Decennial Census of 2000, moving from 12.7 percent to 17.9 percent.

As the median income level saw a decline in the last five year in Twin Falls County, Idaho, the Race/Ethnicity group that experienced the largest decline in median income was the Hispanic Race/Ethnicity category. This group experienced a decline of 28.8 percent from 2000 to 2005. The White Race/Ethnicity group has been least impacted by the median income decline in Twin Falls County, undergoing a 4.4 percent decline in household income level, since the year 2005.

According to the 2000 Census, the Asian headed households in the area have median household incomes of $44,168. This median income level is 9.4 percent greater than the reported median household income for all households in the area. Hispanic in Twin Falls County, Idaho reported a median household income of $33,223, which is 17.7 percent less than the reported median household income for all households in the area. Black or African American headed households had median income levels that were 37.7 percent less than the overall median reported in 2000, with a reported median of $25,155. The American Indian and Alaska Native headed households in Twin Falls County reported a median household income of $26,228, this level was 35 percent less than the median for all households. In Twin Falls County, Idaho White householders had a median income (2005 Dollars) of $40,954 according to the Decennial Census of 2000, which was 1.4 percent greater than the median in 2000.

When compared to other counties (or parishes) across the United States, Twin Falls County, Idaho can be recognized as having a medium-low rate of poverty among its population, accounting a rate of 12.7 percent of the individuals existing in families with incomes under the poverty level in 1999. The Hispanic race/ethnicity demographic category, owns the foremost rate of poverty with 24.3 percent of the 2000 population living in poverty. People that are of the age Under 5 years have the largest percent of population in poverty in Twin Falls County, having 23 percent of the population in this age category living in poverty.

When compared to other counties (and parishes) throughout the United States, Twin Falls County accounted a medium-high median income for households of $40,372 (Adjusted to 2005 Dollars). This is 8.9 percent lower than the household income median in State of Idaho of $43,959 and the income level is 21.7 percent lower than the median household income level in the US of $49,133.

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

Monday, November 27, 2006

Demographic Profile for Twin Falls County, Idaho

In 2005, the Census Bureau estimated the median age in Twin Falls County, Idaho to be 35.6 years old. The median age in Twin Falls is greater than the median age in Idaho of 34.6. From 2000, the area has seen an increase in the median age, when it was 35.0 years old. With a total of 25.7 percent of the 2005 population being made up of children and youth younger than 18, Twin Falls can be understood as being made up of a medium-high percent of individuals under 18. The working age population group (18-64) has a medium-low representation within the estimated 2005 area population, making up 60.1 percent of the population within the age category. People 65 years old and older make up 14.2 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-low proportion of the area population base.

Twin Falls County, Idaho has a population that is comprised of 86.1 percent White, 0.2 percent African American, 0.8 percent Asian, and 11.4 percent Hispanic. This area can be considered to have a modest level of diversity, with 12.4 percent of the population made up of minorities. This is greater than the State of Idaho percent of 10.5. Since 2000, Twin Falls has increased the level of diversity when 10.4 percent of the population were minorities.

Since the year 2000, a high amount of people have migrated to Twin Falls internationally. The international migration into Twin Falls totals 7.4 percent of the total migration into the State of Idaho. This percent of international migration is high when analyzed against the base population in the year 2005 and compared to other counties across the US.

Twin Falls County, Idaho had a population that was estimated at 69,419 in the year 2005. The population has increased sharply, from the population in the year 2000 of 64,349. This growth shows an increase of 7.9 percent. Twin Falls ranks 5 of 44 counties when calculating total change in population for Idaho and the county ranks 493 of 3,141 counties in terms of population growth in the United States.

In terms of total land area, Twin Falls extends a total area of 1925 square miles. The land areas has a low density of 36 persons per square mile, in 2005. Similar counties, in terms of density, in the US include: -- more densely populated -- Howard, TX (36 per sq. mile ), Hale, TX (36 per sq. mile ), Carroll, IL (36 per sq. mile ), -- less densely populated -- Newton, IN (36 per sq. mile ), Humboldt, CA (36 per sq. mile ), Stoddard, MO (36 per sq. mile ).

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

Friday, November 10, 2006

Housing Report for Twin Falls County, Idaho

Throughout the State of Idaho, Twin Falls County ranks 12 of 44 by percent in growth of new residential structures. The county places 435 of 3,141, comparing the percentage change in residential in other US counties.

Twin Falls County recorded median owner-occupied home value in the year 2005 of $116,100, reported by the American Community Survey. This median is less than the overall State of Idaho 2005 home median value of $134,900 and less than median home value of $167,500 for the rest of the nation in that year.

The owner-occupied dwellings in Twin Falls County, Idaho have moderate increases since the Census values accounted for in the year 2000. The values have increased by $22,300, or 23.8 percent, since 2000 when they were valued at $93,800.

Twin Falls County has a medium proportion of residential real estate that is high priced. In 2005, the American Community Survey reported that 1.3 percent owner-occupied dwelling are valued over a half a million dollars.

It can be understood that there is a large amount of real estate that is affordable in Twin Falls County, Idaho. In 2005, 57.8 percent of housing was valued under $125k.

In Twin Falls County, the U.S. Census Bureau, Population Division accounted for a total of 28,025 homes in 2005. The county has experienced a growth in housing units, adding a total of 2,096 homes since 2001, or 8.1 percent.

Data Source: U.S. Census Bureau

Sunday, October 29, 2006

Employment Report for Twin Falls County, Idaho -- Annual 2005 Industry Summary

Manufacturing has the largest employers in Twin Falls County. In the County, the industry averages 31 workers per each place of employment, being less than the industry's average in the United States of 39 and greater than the Idaho establishments size average of 29 for the Manufacturing industry.

In Twin Falls County, Agriculture, forestry, fishing and hunting, Administrative and waste services and Retail Trade are the three industries with the highest location quotients. The Agriculture, forestry, fishing and hunting sector in the county has a location quotient of 5.7. The percent of employment in the Agriculture, forestry, fishing and hunting industry is 5.7 times more than the average percent in the United States, revealing signs that Twin Falls may be an exporter of products or services of Agriculture, forestry, fishing and hunting.

Administrative and waste services saw the biggest increase in jobs since the year 2001 in Twin Falls County, increasing in size by 32.8 percent. This is greater than the national employment change in the industry of 4.5 percent. The State of Idaho encountered a change in industry employment of 27.7 percent, during the period.

In Twin Falls County, Retail Trade, Administrative and waste services, and the Manufacturing industries are the largest employment industries. The Retail Trade is the largest employment industry and makes up 16.4 percent of all jobs throughout the county, totaling 4,431 employees. The Administrative and waste services and Manufacturing sectors provide 12.6 and 12.2 percent of industry employment.









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

 

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