Monday, January 22, 2007

Franklin County One-Year Industry Employment Change

The total number of jobs has decreased by 0.6 percent since the 2nd Quarter figures of 2005. This change is greater than percent in the State of Indiana, which experienced a gain of 0.8 percent from the 2nd Quarter of 2005. The losses the area experienced were greater than than the gain felt at the national level of 2.0 percent.

Franklin County One-Year Percentage Decline in Employment

The Computer systems design and related services industry has lost the largest percent of jobs, losing 33.3 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has felt in the State of Indiana, where the industry sector experienced a gain of 6.7 percent. The losses in the Computer systems design and related services industry in Franklin County outpaced the United States industry losses overall. During this period, the United States gained 6.8 percent in terms of employees in the Computer systems design and related services industry.

Top 5 Industries
1. Computer systems design and related services (33.3 percent decline)
2. Building finishing contractors (26.5 percent decline)
3. Misc. nondurable goods merchant wholesalers (16.1 percent decline)
4. Building equipment contractors (14 percent decline)
5. School and employee bus transportation (11.9 percent decline)

Franklin County One-Year Percentage Growth in Employment

The Grocery stores industry has seen the largest percentage job growth, expanding by 101.1 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Franklin County has grow faster than the overall industry growth seen in the State of Indiana, where it saw a loss of 1.4 percent. The Grocery stores industry in Franklin County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 0.3 percent.

Top 5 Industries
1. Grocery stores (101.1 percent gain)
2. Offices of physicians (58.3 percent gain)
3. Other specialty trade contractors (47.8 percent gain)
4. Child day care services (15.2 percent gain)
5. Personal care services (14.8 percent gain)

In Franklin County, Indiana, the total number of workers for all sectors has decreased by 18 jobs from mid-2005 to mid-2006.

Total One-Year Employment Growth in Franklin County

Of the industries (4-digit NAICS) in the area, the Grocery stores industry has grown the most with 160 jobs added during the time period. These new jobs in the Grocery stores industry makes up 70.5 percent of the total number of new jobs in Franklin County.

Top 5 Industries
1. Grocery stores (160 new jobs)
2. Full-service restaurants (19 new jobs)
3. Offices of physicians (14 new jobs)
4. Depository credit intermediation (13 new jobs)
5. Other specialty trade contractors (11 new jobs)

Of the 23 industries with industry data reported by the BLS in each quarter, 13 described an expansion of jobs throughout the time period, while 10 industry sectors accounting for employment declines during that time period.

Total One-Year Employment Decline in Franklin County

Given the industries in the area, the Limited-service eating places industry experienced most substantial job loss, losing 35 jobs. The declines in the Limited-service eating places industry make up 44.4 percent of the total job loss in Franklin County, Indiana.

Top 5 Industries
1. Limited-service eating places (35 jobs lost)
2. Building finishing contractors (9 jobs lost)
3. Misc. nondurable goods merchant wholesalers (6 jobs lost)
4. Building equipment contractors (6 jobs lost)
5. Building foundation and exterior contractors (5 jobs lost)





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 Franklin County, Indiana

Contrasted against to other counties (or parishes) throughout the US, Franklin County, Indiana may be understood as having a poverty rate amongst the population, with a poverty rate of 7.1 percent of the individuals existing in families with incomes under the poverty level in 1999. The Black or African American race/ethnicity demographic group, represents the largest rate of poverty with 50 percent of the people in 2000 living in poverty. The population that is aged 75 years and over have the largest percent of population in poverty in Franklin County, reporting 12.7 percent of this age group in the area living in poverty.

Compared to counties across the United States, Franklin County accounted a relatively high median household income of $50,930 (Adjusted to 2005 Dollars). This is 4.5 percent higher than the median in Indiana of $48,633 and the median household income is 3.5 percent higher than the median household income in the United States of $49,133.

Black or African American headed households had a median household income that was 11 percent less than the total 2000 reported median, with a their median reported to be $45,338. Hispanic households in Franklin County, Indiana reported a median household income of $25,960, this median is 49 percent less than reported value of the areas total household median income for all households. In Franklin County, Indiana White householders had a median income (2005 Dollars) of $51,082 according to the Decennial Census of 2000, which was 0.3 percent greater than the median income in 2000. The American Indian and Alaska Native headed households in Franklin County had a median income of $55,575, this median was 9.1 percent greater than the median level for total households in the area. According to the 2000 Census, the Asian headed households in the area have median household incomes of $94,171. This household income level is 84.9 percent greater than the reported median household income, in the area, for all households.







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

 

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