Monday, January 22, 2007

Knox County One-Year Industry Employment Change

Total One-Year Employment Decline in Knox County

The Electronics and appliance stores industry faced the greatest employment loss with a total loss of 53 jobs during the period. The employment lost in the Electronics and appliance stores industry make up 17.2 percent of the total job loss in Knox County, Indiana.

Top 5 Industries
1. Electronics and appliance stores (53 jobs lost)
2. Home health care services (36 jobs lost)
3. Gasoline stations (21 jobs lost)
4. Civic and social organizations (21 jobs lost)
5. Machinery and supply merchant wholesalers (21 jobs lost)

Of the 61 4-digit NAICS industries, 29 accounted an for increase in employment during the period and 28 industries reported a drop in employment.

In Knox County, Indiana, the aggregate employment for all industry sectors has increased by 162 total jobs from 2005 to 2006.

Total One-Year Employment Growth in Knox County

From the industries (4-digit NAICS) in the area, the Accounting and bookkeeping services industry has grown the most with 80 employees finding new jobs in the industry. The employment growth in the Accounting and bookkeeping services industry makes up 17.9 percent of the growth in Knox County.

Top 5 Industries
1. Accounting and bookkeeping services (80 new jobs)
2. General freight trucking (79 new jobs)
3. Specialized freight trucking (72 new jobs)
4. Full-service restaurants (70 new jobs)
5. Building equipment contractors (21 new jobs)

Total industry employment has increased by 1.3 percent since the 2nd Quarter figures of 2005. This change is greater than growth in Indiana, which went through a gain of 0.8 percent from the 2nd Quarter of 2005. The gains were less than than the gain seen for the United States of 2.0 percent.

Knox County One-Year Percentage Growth in Employment

The Accounting and bookkeeping services industry has gone through the largest job growth by percent, increasing by 169.0 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Knox County has expanded faster than the overall industry growth seen in the State of Indiana, where the industry felt a gain of 0 percent. The Accounting and bookkeeping services industry in Knox County outpaced the nation in terms of industry employment growth . During this period, the nation gained 3.8 percent in this industry.

Top 5 Industries
1. Accounting and bookkeeping services (169.0 percent gain)
2. Specialized freight trucking (108.5 percent gain)
3. Building foundation and exterior contractors (67.9 percent gain)
4. Death care services (40.6 percent gain)
5. Motor vehicle and parts merchant wholesalers (34.7 percent gain)

Knox County One-Year Percentage Decline in Employment

The Electronics and appliance stores industry has lost the largest percent of jobs, losing 39.8 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 has seen in the Indiana, where the it saw a loss of 3.4 percent. The losses in the Electronics and appliance stores industry in Knox County outpaced the US in terms of percent of decline of industry employment. The US gained 3.4 percent in terms of employees in the Electronics and appliance stores industry.

Top 5 Industries
1. Electronics and appliance stores (39.8 percent decline)
2. Machinery and supply merchant wholesalers (23 percent decline)
3. Printing and related support activities (21.3 percent decline)
4. Consumer goods rental (19.7 percent decline)
5. Gasoline stations (17.3 percent decline)





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 Knox County, Indiana

When compared to other counties (or parishes) across the United States, Knox County, Indiana can be considered to have a medium-high rate of poverty among its population, accounting a rate of 16.0 percent of the population with family incomes below the 1999 poverty level. The American Indian and Alaska Native race/ethnicity population category, holds the highest rate of poverty with 58.8 percent of the 2000 residents living in poverty. People aged Under 5 years have the most percent of people living in poverty in Knox County, reporting 27 percent of this age group in the area living in poverty.

Compared to counties across the United States, Knox County had a medium-low median income for all households of $36,694 (2005 Dollars). The income level is 32.5 percent lower than the median income in State of Indiana of $48,633 and the median is 33.9 percent lower than the median in the US, which is $49,133.

In Knox County, Indiana White headed households reported a median household income (2005 Dollars) of $36,915 as reported by the Decennial Census of 2000, which was 0.6 percent greater than the median in 2000. It was reported in 2000 that the Asian headed households had median household incomes of $13,725. This median is 62.6 percent less than the reported median household income for all households in the area. Black or African American householders reported a median household income that was 61 percent less than the total 2000 reported median, with a their median reported to be $14,307. Hispanic headed households in Knox County, Indiana reported a median household income of $33,638, which is 8.3 percent less than the median reported for all households in the area. The households that were headed by an American Indian and Alaska Native individual in Knox County reported an income level of $13,058, which was 64.4 percent less than the areas median level for all households.







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

 

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