Monday, January 22, 2007

Mercer County One-Year Industry Employment Change

Total One-Year Employment Decline in Mercer County

Given the industries in the area, the Full-service restaurants industry experienced most substantial job loss, losing 29 jobs in that time period. The declines in the Full-service restaurants industry make up 35.8 percent of the jobs lost during the period in Mercer County, Illinois.

Top 5 Industries
1. Full-service restaurants (29 jobs lost)
2. Building foundation and exterior contractors (16 jobs lost)
3. Building equipment contractors (12 jobs lost)
4. Misc. nondurable goods merchant wholesalers (7 jobs lost)
5. Residential building construction (7 jobs lost)

Out of the 21 4-digit NAICS industries, 10 described an expansion of jobs throughout the time period, while 11 industry sectors accounting for employment declines during that time period.

In Mercer County, Illinois, the aggregate employment for all industry sectors has increased by 38 total jobs from 2005 to 2006.

Total One-Year Employment Growth in Mercer County

Out of the 4-digit NAICS industries, the Depository credit intermediation industry has brought the most jobs with a total of 10 employees finding new jobs in the industry. The employment growth in the Depository credit intermediation industry makes up 23.0 percent of the total number of new jobs in Mercer County.

Top 5 Industries
1. Depository credit intermediation (10 new jobs)
2. Limited-service eating places (9 new jobs)
3. Automotive repair and maintenance (6 new jobs)
4. Other amusement and recreation industries (5 new jobs)
5. Accounting and bookkeeping services (3 new jobs)

Mercer County One-Year Percentage Growth in Employment

The Accounting and bookkeeping services industry has experienced the largest percentage growth, expanding by 28.6 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Mercer County has expanded faster than the industry has grown in the State of Illinois, where this industry saw a gain of 2.9 percent. The Accounting and bookkeeping services industry in Mercer County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 3.8 percent of the employment in this industry.

Top 5 Industries
1. Accounting and bookkeeping services (28.6 percent gain)
2. Specialized freight trucking (25.7 percent gain)
3. Automotive repair and maintenance (22.1 percent gain)
4. Professional and similar organizations (18.2 percent gain)
5. General freight trucking (14.3 percent gain)

Mercer County One-Year Percentage Decline in Employment

The Building equipment contractors industry has seen the largest percentage drop in employment, losing 49.3 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has seen in the Illinois, where the industry felt a gain of 4.8 percent. The losses in the Building equipment contractors industry in Mercer County outpaced the United States industry losses overall. During this period, the United States gained 5.5 in percent of jobs in the Building equipment contractors industry.

Top 5 Industries
1. Building equipment contractors (49.3 percent decline)
2. Residential building construction (46.8 percent decline)
3. Full-service restaurants (27.1 percent decline)
4. Building foundation and exterior contractors (17 percent decline)
5. Insurance agencies, brokerages, and related (11.7 percent decline)

Total employment has increased by 1.9 percent since the 2nd Quarter figures of 2005. This change is greater than percent in the State of Illinois, experiencing a gain of 1.5 percent from the 2nd Quarter of 2005. The gains in the area were less 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 Mercer County, Illinois

Evaluated with other counties (or parishes) across the nation, Mercer County, Illinois can be understood to have a poverty rate amongst the population, with a poverty rate of 7.8 percent of the population with family incomes below the 1999 poverty level. The White race/ethnicity population category, holds the highest rate of poverty with 7.8 percent of the 2000 population living in poverty. People that are of the age 75 years and over have the largest percent of population in poverty in Mercer County, with 12.4 percent of the population in this age category living in poverty.

When compared to other counties (and parishes) throughout the United States, Mercer County accounted a relatively high median income for all households of $47,845 (2005 Dollars). This median is 13.9 percent lower than the median in State of Illinois of $54,510 and the income level is 2.7 percent lower than the median for the rest of the nation, which is a reported $49,133.

The American Indian and Alaska Native householders in Mercer County had a median income of $56,550, this was 18.2 percent greater than the areas median level for all households. In Mercer County, Illinois White headed households reported a median household income (2005 Dollars) of $47,779 as reported in 2000 by the census, which was 0.1 percent less than the median in the year 2000. Black or African American headed households had median income levels that were 5.2 percent less than the all population median published in the 2000 Census, with a median of $45,338. According to the 2000 Census, the Asian headed households in the area have median household incomes of $106,118. This median is 121.8 percent greater than the reported median for all households in the area. Hispanic Householders in Mercer County, Illinois reported a median household income of $58,500, which is 22.3 percent greater than the median reported for all households in the area.







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

 

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