Wednesday, March 21, 2007

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


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Employment in the securities and commodity contracts brokerage industry reported the top wages in McLean County for 2006. The average worker in the industry in McLean County received an annual wage of $98,527 in 2nd quarter of 2006. The pay is less than the industry wage in Illinois of $135,246 and less than then the wage for jobs in this industry in the US of $138,150.

Other top-pay jobs in McLean County, Illinois can be found in medical and diagnostic laboratories ($79,662), offices of physicians ($75,269), computer systems design and related services ($74,484) and outpatient care centers ($67,413) industries. Note: Clicking the Above Graphic Displays the Detailed Comparison

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

McLean County Wages have increased by 13.1% Since 2001


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Since 2001, industry wages increased in McLean County, Illinois by a total of 13.1%. This is less than the growth in wages for the State of Illinois and less 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

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


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The average total wages in all industries in McLean County, Illinois can be understood as being relatively high when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 8.5 percent lower than the with an state average of $43,351. The industry pay 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

McLean County Five-Year Industry Employment Change

The total number of jobs has decreased by 1.5 percent since the 2nd Quarter of 2001. This is less than growth in the State of Illinois, experiencing a loss of -1.8 percent since 2001 ( 2nd Quarter). The losses in the area were greater than than the gain experienced overall in the US of 2.6 percent.

McLean County Five-Year Percentage Growth in Employment

The Other general merchandise stores industry has witnessed the largest percentage of employment expansion, increasing by 674.0 percent from the 2001 (Q2) to the 2006 (Q2). This industry in McLean County has added employment faster than the industry job growth experienced in Illinois, where it saw a gain of 106.7 percent. The Other general merchandise stores industry in McLean County outpaced the national average, which felt a gained 31.2 percent in this industry.

Top 5 Industries
1. Other general merchandise stores (674.0 percent gain)
2. Warehousing and storage (443.1 percent gain)
3. Office administrative services (284.6 percent gain)
4. Computer systems design and related services (165.6 percent gain)
5. Machinery and equipment rental and leasing (79.7 percent gain)

McLean County Five-Year Percentage Decline in Employment

The Household and institutional furniture mfg. industry has lost the largest percent of jobs, losing 78.3 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Illinois, where the industry reported a loss of 11.6 percent. The losses in the Household and institutional furniture mfg. industry in McLean County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 11 in percent of workers in the Household and institutional furniture mfg. industry.

Top 5 Industries
1. Household and institutional furniture mfg. (78.3 percent decline)
2. Other miscellaneous manufacturing (73.8 percent decline)
3. Unclassified (69.6 percent decline)
4. Civic and social organizations (68.7 percent decline)
5. Petroleum merchant wholesalers (67.7 percent decline)

Total Five-Year Employment Growth in McLean County

The Other general merchandise stores industry has added the most employment with 1,355 jobs added during the time period. These new jobs in the Other general merchandise stores industry makes up 23.6 percent of the total number of new jobs in McLean County.

Top 5 Industries
1. Other general merchandise stores (1,355 new jobs)
2. Full-service restaurants (1,130 new jobs)
3. Computer systems design and related services (611 new jobs)
4. Offices of physicians (227 new jobs)
5. Individual and family services (208 new jobs)

In McLean County, Illinois, the total number of workers for all sectors has decreased by 1,124 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Of the 110 4-digit NAICS industries, 59 accounted an for increase in employment during the period and 51 industry sectors reported declines during the time period.

Total Five-Year Employment Decline in McLean County

The Employment services industry witnessed the largest drop in employment, losing a total of 861 jobs during the time period. The jobs lost in the Employment services industry make up 19.4 percent of the total job loss in McLean County, Illinois.

Top 5 Industries
1. Employment services (861 jobs lost)
2. Department stores (816 jobs lost)
3. Services to buildings and dwellings (394 jobs lost)
4. Civic and social organizations (341 jobs lost)
5. Drinking places, alcoholic beverages (314 jobs lost)





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

McLean County One-Year Industry Employment Change

Total One-Year Employment Growth in McLean County

The Other general merchandise stores industry has brought the most jobs with a total of 596 total jobs brought in during the period. The growth in the Other general merchandise stores industry makes up 30.0 percent of the total growth in McLean County.

Top 5 Industries
1. Other general merchandise stores (596 new jobs)
2. Computer systems design and related services (138 new jobs)
3. Building material and supplies dealers (94 new jobs)
4. Clothing stores (91 new jobs)
5. Legal services (84 new jobs)

Out of the 119 4-digit NAICS industries, 51 accounted an for increase in employment during the period and 66 industry sectors accounting for employment declines during that time period.

In McLean County, Illinois, the aggregate employment for all industry sectors has increased by 101 total jobs from 2005 to 2006.

Total One-Year Employment Decline in McLean County

The Department stores industry experienced most substantial job loss, losing 366 jobs. The declines in the Department stores industry make up 19.2 percent of the employment lost during the period in McLean County, Illinois.

Top 5 Industries
1. Department stores (366 jobs lost)
2. Full-service restaurants (297 jobs lost)
3. Employment services (166 jobs lost)
4. Services to buildings and dwellings (142 jobs lost)
5. Grocery stores (104 jobs lost)

McLean County One-Year Percentage Decline in Employment

The Unclassified industry has lost the largest percent of jobs, losing 77 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry sector has gone through in the Illinois, where the it saw a loss of 8.1 percent. The losses in the Unclassified industry in McLean County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 12.1 in percent of workers in the Unclassified industry.

Top 5 Industries
1. Unclassified (77 percent decline)
2. Electric goods merchant wholesalers (38.9 percent decline)
3. Bakeries and tortilla manufacturing (38.2 percent decline)
4. Private households (36 percent decline)
5. Utility system construction (26.8 percent decline)

McLean County One-Year Percentage Growth in Employment

The Warehousing and storage industry has witnessed the largest percentage of employment expansion, increasing by 279.5 percent from the 2005 (Q2) to the 2006 (Q2). This industry in McLean County has grow faster than the overall industry growth seen in the State of Illinois, where this industry saw a gain of 8.3 percent. The Warehousing and storage industry in McLean County outpaced the national average, which felt a gained 7.8 percent in this industry.

Top 5 Industries
1. Warehousing and storage (279.5 percent gain)
2. Other general merchandise stores (62.0 percent gain)
3. Medical and diagnostic laboratories (47.8 percent gain)
4. Freight transportation arrangement (37.7 percent gain)
5. Commercial equip. merchant wholesalers (26.5 percent gain)

Total industry employment has increased by 0.1 percent since the 2nd Quarter of 2005. This is less than percent in the State of Illinois, experiencing a gain of 1.5 percent since 2005 ( 2nd Quarter). The gains the area experienced 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 McLean County, Illinois

The median household income in the area has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $51,563, which amounts to a 6.3 percent decline. McLean County, Illinois, in terms of percent of decline, ranks 17 of 21 counties in percent of decline for household income in Illinois. McLean County ranks 395 of 668 counties (or parishes) when comparing the decline in median income level for the United States.

When put side-by-side with other counties (or parishes) throughout the United States, McLean County, Illinois can be recognized as having a medium-low rate of poverty among the people, accounting a rate of 9.7 percent of people living in a family with an income below the poverty level in 1999. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 23.7 percent of the people in 2000 living in poverty. The population that is aged 18 to 64 years are experiencing most percent people in poverty in McLean County, with 11.3 percent of this age group in the area living in poverty.

The poverty rate in McLean County, Illinois has increased by 2.6 percent since the amounts published in 2000, moving from 9.7 percent to 12.3 percent.

Compared to counties across the United States, McLean County accounted a relatively high median household income of $55,015 (2005 Dollars). This median is 0.9 percent higher than the median income in State of Illinois of $54,510 and the median is 10.7 percent higher than the median in the US, which is $49,133.

While the median household income saw a decline in the last five year in McLean County, Illinois, the Race/Ethnicity category that felt the biggest decline in median household income was the Black or African American Race/Ethnicity category. This group experienced a decline of 39.1 percent since 2000. The Asian Race/Ethnicity category has been least effected by the income level decline in McLean County, encountering a 4.6 percent decline in median household income from 2000 to 2005.

Black or African American householders reported household income levels that were 35 percent less than the overall reported level in 2000, with a reported median of $35,776. The American Indian and Alaska Native headed households in McLean County had a median income of $28,562, this median was 48.1 percent less than the areas median level for all households. Hispanic households in McLean County, Illinois , according to the 2000 census, had a median household income of $44,100, this income level is 19.8 percent less than reported value of the areas total household median income for all households. In McLean County, Illinois White headed households reported household income (in 2005 Dollars) of $56,338 according to the 2000 Dencennial Census, which was 2.4 percent greater than the median household income in 2000. It was reported in 2000 that the Asian headed households had median household incomes of $64,775. This income level is 17.7 percent greater than the reported median household income, in the area, for all households.

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

Friday, November 10, 2006

Housing Report for McLean County, Illinois

The residential housing values in McLean County, Illinois have moderate increases from the real estate values reported in 2000. The valuations have increased by $22,100, or 19.3 percent, since their values in that year of $114,800.

McLean County recorded a median home value in 2005 of $136,900, accounted by the American Community Survey. This home value is less than the overall State of Illinois 2005 home median value of $183,900 and less than home value of $167,500 for the United States in the same year.

In McLean County, the real estate market was made up of 66,521 housing structures in 2005. The area has seen growth in housing units, adding all together 5,519 homes since 2001, or 9 percent.

McLean County can be understood as having a medium proportion of residential real estate that is high priced. In 2005, the American Community Survey accounted that 1.2 percent owner-occupied dwelling are valued over a half a million dollars.

Throughout the State of Illinois, McLean County is positioned 8 of 102 by percent in growth of new residential structures. The county places 355 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

There seems to be a fair amount of housing that is affordable in McLean County, Illinois. In 2005, 41.7 percent of owner-occupied dwellings were valued under $125k.

Data Source: U.S. Census Bureau

Sunday, October 29, 2006

Employment Report for McLean County, Illinois -- Annual 2005 Industry Summary

Information between the years 2001 and 2005, saw the greatest loss in employment in McLean County. The industry lost a total of 6,920 jobs during the period, or 86.7 percent of employment in the sector. These losses made up 48.6 percent of the total jobs loss in the County.

Utilities has the largest businesses in McLean County, averaging 52 jobs per place of business. This is greater than the industry's average in the United States of 34 and greater than the State of Illinois average of 51 for the Utilities industry.

The Information has seen the largest decrease in industry presence in McLean County since 2001, going from making up 10.7 percent of total jobs in the year 2001 to 1.5 percent of total employment in the year 2005.

In McLean County, Finance and insurance, Accommodation and food services and Administrative and waste services industries, in terms of United States location quotient, are the most dominant in the region. The Finance and insurance sector in the county has a location quotient of 2.81. This means the percent of total employment in the Finance and insurance industry is 2.81 times the percent of the national average, This signifies that McLean County may specialize, or be an exporter of Finance and insurance.

Real estate and rental and leasing from 2001-2005 had the highest increase in employment in McLean County, with an industry growth of 26.3 percent. This is greater than the United States change in the sector jobs of 4.3 percent. The State of Illinois had changed in sector employment of -2.3 percent, from 2001 to 2005.

In McLean County, Finance and insurance, Retail Trade, and the Accommodation and food services sectors are the largest industries, in terms of total number of jobs in 2005. The Finance and insurance produces the largest number of jobs in the area accounting for 15 percent of the total county employment. This totals 10,929 individuals. The Retail Trade and Accommodation and food services industries make up 12.6 and 11.5 percent of total employment, respectively.





Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
Employment Report for McLean County, Illinois -- Annual 2005 Industry Summary

Information between the years 2001 and 2005, saw the greatest loss in employment in McLean County. The industry lost a total of 6,920 jobs during the period, or 86.7 percent of employment in the sector. These losses made up 48.6 percent of the total jobs loss in the County.

Utilities has the largest businesses in McLean County, averaging 52 jobs per place of business. This is greater than the industry's average in the United States of 34 and greater than the State of Illinois average of 51 for the Utilities industry.

The Information has seen the largest decrease in industry presence in McLean County since 2001, going from making up 10.7 percent of total jobs in the year 2001 to 1.5 percent of total employment in the year 2005.

In McLean County, Finance and insurance, Accommodation and food services and Administrative and waste services industries, in terms of United States location quotient, are the most dominant in the region. The Finance and insurance sector in the county has a location quotient of 2.81. This means the percent of total employment in the Finance and insurance industry is 2.81 times the percent of the national average, This signifies that McLean County may specialize, or be an exporter of Finance and insurance.

Real estate and rental and leasing from 2001-2005 had the highest increase in employment in McLean County, with an industry growth of 26.3 percent. This is greater than the United States change in the sector jobs of 4.3 percent. The State of Illinois had changed in sector employment of -2.3 percent, from 2001 to 2005.

In McLean County, Finance and insurance, Retail Trade, and the Accommodation and food services sectors are the largest industries, in terms of total number of jobs in 2005. The Finance and insurance produces the largest number of jobs in the area accounting for 15 percent of the total county employment. This totals 10,929 individuals. The Retail Trade and Accommodation and food services industries make up 12.6 and 11.5 percent of total employment, respectively.





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

 

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