Monday, January 22, 2007

Madison County One-Year Industry Employment Change

Total One-Year Employment Decline in Madison County

Of the area's industries (4-digit NAICS), the Offices of physicians industry experienced most substantial job loss, losing 180 jobs in that time period. The declines in the Offices of physicians industry make up 14.2 percent of the total employment decline in Madison County, Indiana.

Top 5 Industries
1. Offices of physicians (180 jobs lost)
2. Drycleaning and laundry services (88 jobs lost)
3. Activities related to credit intermediation (81 jobs lost)
4. Lessors of real estate (67 jobs lost)
5. Management of companies and enterprises (59 jobs lost)

Total One-Year Employment Growth in Madison County

From the industries (4-digit NAICS) in the area, the Coating, engraving, and heat treating metals industry has brought the most jobs with a total of 108 total jobs brought in during the period. The growth in the Coating, engraving, and heat treating metals industry makes up 13.5 percent of the total number of new jobs in Madison County.

Top 5 Industries
1. Coating, engraving, and heat treating metals (108 new jobs)
2. Nursing care facilities (77 new jobs)
3. Clothing stores (62 new jobs)
4. Limited-service eating places (58 new jobs)
5. Specialized freight trucking (54 new jobs)

In Madison County, Indiana, the total number of workers for all sectors has decreased by 1,228 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Out of the 105 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 57 described an expansion of jobs throughout the time period, while 47 industries reported a drop in employment.

Madison County One-Year Percentage Decline in Employment

The Drycleaning and laundry services industry has seen the largest percentage drop in employment, losing 56.3 percent of the jobs from 2005 to 2006. These have declined faster than the industry sector has gone through in the Indiana, where the industry felt a loss of 3.1 percent. The losses in the Drycleaning and laundry services industry in Madison County outpaced the United States industry losses overall. During this period, the United States lost 2 percent in terms of employment in the Drycleaning and laundry services industry.

Top 5 Industries
1. Drycleaning and laundry services (56.3 percent decline)
2. Individual and family services (54.7 percent decline)
3. Unclassified (50 percent decline)
4. Home furnishings stores (38.4 percent decline)
5. Private households (36.6 percent decline)

Madison County One-Year Percentage Growth in Employment

The Clothing stores industry has experienced the largest percentage growth, expanding by 132.1 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Madison County has grow faster than the overall industry growth seen in the State of Indiana, where the industry took a gain of 2.2 percent. The Clothing stores industry in Madison County outpaced the nation in terms of industry employment growth . During this period, the nation gained 2.1 percent of the industry employment.

Top 5 Industries
1. Clothing stores (132.1 percent gain)
2. Coating, engraving, and heat treating metals (86.8 percent gain)
3. Other ambulatory health care services (50.3 percent gain)
4. Sporting goods and musical instrument stores (34.4 percent gain)
5. Other support services (29.9 percent gain)

Total employment has decreased by 3.4 percent from 2005 (2nd Quarter). These figures are greater than growth in the State of Indiana, which went through a gain of 0.8 percent from 2005 (2nd Quarter). The losses the area experienced were greater than than the gain seen for the United States 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 Madison County, Indiana

Contrasted against to other counties (or parishes) throughout the US, Madison County, Indiana can be understood to have a poverty rate amongst the population, with a poverty rate of 9.3 percent of people living in a family with an income below the poverty level in 1999. The American Indian and Alaska Native race/ethnicity demographic category, owns the foremost rate of poverty with 32.7 percent of the people in 2000 living in poverty. The population that is aged 5 years have the most percent of people living in poverty in Madison County, reporting 15.9 percent of this demographic group living with incomes under poverty.

The poverty rate in Madison County, Indiana has increased by 1.5 percent from the rates reported in the Decennial Census, moving from 9.3 percent to 10.8 percent.

Black or African American headed households had a median household income that was 27.8 percent less than the total 2000 reported median, with a their median reported to be $32,892. Hispanic headed households in Madison County, Indiana , according to the 2000 census, had a median household income of $45,803, which is 0.6 percent greater than the reported median household income for all households in the area. According to the 2000 Census, the Asian headed households in the area have median household incomes of $41,316. This income level is 9.3 percent less than the reported median for all households in the area. In Madison County, Indiana White householders had a median household income (in 2005 Dollars) of $46,502 as reported by the Decennial Census of 2000, which was 2.1 percent greater than the median income in 2000. The American Indian and Alaska Native headed households in Madison County reported a median household income of $31,510, which was 30.8 percent less than the median for all households.

When compared to other counties (and parishes) throughout the United States, Madison County reported a medium-high median household income of $45,542 (Adjusted to 2005 Dollars). This figure is 6.8 percent lower than the median in State of Indiana of $48,633 and the median household income is 7.9 percent lower than the median in the US, which is $49,133.

The median household income in the area has declined from the values (adjusted for inflation) in 2000. The median has decreased to $40,050, which represents a 12.1 percent decline. Madison County, Indiana, when analyzing percentage of decline, ranks 8 of 24 counties in percent of decline for income levels in the State of Indiana. Madison County ranks 131 of 668 counties (or parishes) when analyzing the decline in median household income in the United States.

As the median household income witnessed a decline during the period of 2000 to 2005 in Madison County, Indiana, the Race/Ethnicity group that experienced the largest decline in the household income level was the Black or African American Race/Ethnicity category. This category went through a decline of 47.4 percent from 2000 to 2005. The White population group was least impacted by the household income decline in Madison County, experiencing a 10.2 percent decline in median income, since the values reported in the 2000 Decennial Census.

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

 

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