Tuesday, February 27, 2007

Wabash County Industry Wages Lag Behind Illinois, and Wages Lag Behind the United States


(Click Image to Enlarge Graph)



The average total wages in all industries in Wabash County, Illinois when analyzed can be described as medium-high when compared to other Counties throughout the state in the 2nd quarter of 2006. The industry wages are 35.1 percent lower than the state, which was reported to be $43,351. The average industry wage 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

Wabash County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Wabash County

Of the industries (4-digit NAICS) in the area, the Full-service restaurants industry has brought the most jobs with a total of 21 jobs added during the time period. These new jobs in the Full-service restaurants industry makes up 24.5 percent of the total employment growth in Wabash County.

Top 5 Industries
1. Full-service restaurants (21 new jobs)
2. Limited-service eating places (18 new jobs)
3. Automobile dealers (15 new jobs)
4. Offices of dentists (8 new jobs)
5. Offices of other health practitioners (6 new jobs)

Total Five-Year Employment Decline in Wabash County

Of the area's industries (4-digit NAICS), the Services to buildings and dwellings industry faced the greatest employment loss with a total loss of 23 jobs during the time period. The jobs lost in the Services to buildings and dwellings industry make up 51.1 percent of the employment lost during the period in Wabash County, Illinois.

Top 5 Industries
1. Services to buildings and dwellings (23 jobs lost)
2. Civic and social organizations (10 jobs lost)
3. Auto parts, accessories, and tire stores (6 jobs lost)
4. Private households (2 jobs lost)
5. Legal services (2 jobs lost)

In Wabash County, Illinois, the aggregate employment for all industry sectors has decreased by 517 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

From the 18 industries with industry data reported by the BLS in each quarter, 6 showed an escalation in the number employed, while 11 industry sectors reported declines during the time period.

Wabash County Five-Year Percentage Decline in Employment

The Services to buildings and dwellings industry has lost the largest amount of employment in terms of percentage, losing 75.8 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has felt in the State of Illinois, where the industry felt a gain of 10.8 percent. The losses in the Services to buildings and dwellings industry in Wabash County outpaced the US in terms of percent of decline of industry employment. The US gained 11 in percent of workers in the Services to buildings and dwellings industry.

Top 5 Industries
1. Services to buildings and dwellings (75.8 percent decline)
2. Auto parts, accessories, and tire stores (26.8 percent decline)
3. Civic and social organizations (14.4 percent decline)
4. Legal services (11.6 percent decline)
5. Private households (7.7 percent decline)

Total employment has decreased by 15.8 percent from the reported values in 2001. These values are greater than growth in the State of Illinois, which saw a loss of -1.8 percent from 2001 (2nd Quarter). The losses felt were greater than than the gain reported at the US level of 2.6 percent.

Wabash County Five-Year Percentage Growth in Employment

The General freight trucking industry has seen the largest percentage job growth, expanding by 93.3 percent from 2001 to 2006. This industry in Wabash County has increased employment faster than the industry has grown in the State of Illinois, where the industry felt a gain of 0.2 percent. The General freight trucking industry in Wabash County outpaced the national average, which felt a gained 0.2 percent of the industry employment.

Top 5 Industries
1. General freight trucking (93.3 percent gain)
2. Offices of other health practitioners (54.5 percent gain)
3. Offices of dentists (36.4 percent gain)
4. Full-service restaurants (21.1 percent gain)
5. Automobile dealers (20.6 percent gain)





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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