Wednesday, March 21, 2007

In Prince George's 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 wages were the highest in Prince George's County for the 2nd quarter of 2006. The average worker in the industry in Prince George's County received a wage of $97,531 in 2006. The average wage is greater than the industry wage in Maryland of . and less than then the pay for jobs in this industry across the nation of $138,150.

Other top-pay jobs in Prince George's County, Maryland exsists in computer systems design and related services ($78,305), software publishers ($74,670), scientific research and development services ($74,029) and basic chemical manufacturing ($72,751) 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

Prince George's County Wages have increased by 11.7% Since 2001


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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in Prince George's County, Maryland by a total of 11.7%. This is less than the growth in wages for the State of Maryland and less than the growth in industry wages for the nation as a whole.

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

Prince George's County Industry Wages Lag Behind Maryland, and Wages Lag Behind the United States


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The overall industry wages in Prince George's County, Maryland can be understood as being medium-high when compared to other 2nd quarter of 2006 County wages throughout the state. The average pay is 5.7 percent lower than the state, which accounted an average of $42,474. The overall industry wage was less than the national industry average 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.

Saturday, February 24, 2007

Prince George's County Five-Year Industry Employment Change

Total industry employment has increased by 0.4 percent since the 2nd Quarter figures of 2001. This change is less than percent in the State of Maryland, which went through a gain of 4.7 percent from the 2nd Quarter of 2001. The gains felt were less than than the gain felt at the national level of 2.6 percent.

Prince George's County Five-Year Percentage Decline in Employment

The Unclassified industry has lost the biggest percent of jobs, losing 99.8 percent of the jobs from the 2nd quarter of 2001 to 2nd quarter of 2006. The losses of the area have declined faster than the industry sector has felt in the State of Maryland, where the industry felt a loss of 76.6 percent. The losses in the Unclassified industry in Prince George's County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 1.7 percent in terms of employees in the Unclassified industry.

Top 5 Industries
1. Unclassified (99.8 percent decline)
2. Other ambulatory health care services (93.3 percent decline)
3. Semiconductor and electronic component mfg. (83.8 percent decline)
4. Telecommunications resellers (81.9 percent decline)
5. Insurance carriers (68.5 percent decline)

Prince George's County Five-Year Percentage Growth in Employment

The Taxi and limousine service industry has experienced the largest percentage growth, expanding by 285.9 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Prince George's County has added employment faster than the industry job growth experienced in Maryland, where this industry saw a gain of 68.5 percent. The Taxi and limousine service industry in Prince George's County outpaced the US in terms of percent growth of industry employment. During this period, the US lost 3.6 percent of the employment in this industry.

Top 5 Industries
1. Taxi and limousine service (285.9 percent gain)
2. Chemical merchant wholesalers (212.3 percent gain)
3. Support activities for road transportation (211.3 percent gain)
4. Wireless telecommunications carriers (174.6 percent gain)
5. Technical and trade schools (144.2 percent gain)

Out of the 164 industries with industry data reported by the BLS in each quarter, 76 described an expansion of jobs throughout the time period, while 88 industries reported employment loss in the period.

Total Five-Year Employment Decline in Prince George's County

Of the area's industries (4-digit NAICS), the Employment services industry witnessed the largest drop in employment, losing a total of 2,279 jobs during the period. The employment lost in the Employment services industry make up 10.4 percent of the total employment decline in Prince George's County, Maryland.

Top 5 Industries
1. Employment services (2,279 jobs lost)
2. Other general merchandise stores (2,093 jobs lost)
3. Warehousing and storage (2,074 jobs lost)
4. Insurance carriers (997 jobs lost)
5. Printing and related support activities (949 jobs lost)

Total Five-Year Employment Growth in Prince George's County

Of the industries (4-digit NAICS) in the area, the Investigation and security services industry has accounted the most employment growth with a total of 1,906 employees finding new jobs in the industry. The employment growth in the Investigation and security services industry makes up 7.4 percent of the total employment growth in Prince George's County.

Top 5 Industries
1. Investigation and security services (1,906 new jobs)
2. Full-service restaurants (1,630 new jobs)
3. Limited-service eating places (1,617 new jobs)
4. Wireless telecommunications carriers (1,428 new jobs)
5. Services to buildings and dwellings (1,415 new jobs)

In Prince George's County, Maryland, the total number of workers for all sectors has increased by 988 jobs from mid-2001 to mid-2006.





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

Prince George's County One-Year Industry Employment Change

Total One-Year Employment Growth in Prince George's County

Of the industries (4-digit NAICS) in the area, the Grocery stores industry has grown the most with 1,541 total jobs brought in during the period. The growth in the Grocery stores industry makes up 19.7 percent of the total employment growth in Prince George's County.

Top 5 Industries
1. Grocery stores (1,541 new jobs)
2. Wireless telecommunications carriers (657 new jobs)
3. Building foundation and exterior contractors (485 new jobs)
4. Warehousing and storage (296 new jobs)
5. Investigation and security services (282 new jobs)

Of the 174 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 86 accounted an for increase in employment during the period and 86 industry sectors accounting for employment declines during that time period.

Total One-Year Employment Decline in Prince George's County

Of the area's industries (4-digit NAICS), the Other general merchandise stores industry faced the greatest employment loss with a total loss of 1,901 jobs in that time period. The declines in the Other general merchandise stores industry make up 19.6 percent of the total job loss in Prince George's County, Maryland.

Top 5 Industries
1. Other general merchandise stores (1,901 jobs lost)
2. Commercial equip. merchant wholesalers (821 jobs lost)
3. Computer systems design and related services (527 jobs lost)
4. Limited-service eating places (513 jobs lost)
5. Full-service restaurants (316 jobs lost)

In Prince George's County, Maryland, the entire sum of jobs in all industries overall has decreased by 2,341 jobs from mid-2005 to mid-2006.

Total employment has decreased by 1 percent since the 2nd Quarter figures of 2005. This change is greater than percent in Maryland, experiencing a gain of 1.3 percent from 2005 (2nd Quarter). The losses in the area were greater than than the gain seen for the United States of 2.0 percent.

Prince George's County One-Year Percentage Growth in Employment

The ISPs and web search portals industry has experienced the largest percentage growth, expanding by 42.5 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Prince George's County has added employment faster than the industry job growth experienced in Maryland, where the industry felt a gain of 6.6 percent. The ISPs and web search portals industry in Prince George's County outpaced the nation in terms of industry employment growth . During this period, the nation gained 4.8 percent of the employment in this industry.

Top 5 Industries
1. ISPs and web search portals (42.5 percent gain)
2. Wireless telecommunications carriers (41.4 percent gain)
3. Vending machine operators (32.2 percent gain)
4. Grocery stores (26.7 percent gain)
5. Business support services (26.0 percent gain)

Prince George's County One-Year Percentage Decline in Employment

The Unclassified industry has lost the biggest percent of jobs, losing 99.2 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has experienced in the State of Maryland, where the industry felt a loss of 22.7 percent. The losses in the Unclassified industry in Prince George's County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 12.1 percent in terms of employment in the Unclassified industry.

Top 5 Industries
1. Unclassified (99.2 percent decline)
2. Semiconductor and electronic component mfg. (68.9 percent decline)
3. Other general merchandise stores (61 percent decline)
4. Commercial equip. merchant wholesalers (35.1 percent decline)
5. Other nonmetallic mineral products (31.7 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.

Thursday, January 11, 2007

Income and Poverty in Prince George's County, Maryland

The poverty rate in Prince George's County, Maryland has increased by 0.8 percent from the levels reported in the Decennial Census of 2000, moving from 7.7 percent to 8.5 percent.

While household income level experienced a decline from 2000 to 2005 in Prince George's County, Maryland, the Race/Ethnicity category that felt the biggest decline in household income was the American Indian and Alaska Native Race/Ethnicity category. This group experienced a decline of 34.4 percent in the last five years. The Asian Race/Ethnicity category has been least effected by the income level decline in Prince George's County, experiencing a 6.4 percent increase in household income level, since the year 2005.

When compared to other counties (and parishes) throughout the United States, Prince George's County was reported to have a very high household income of $64,650 (Adjusted to 2005 Dollars). This is 4.3 percent higher than the household income median in State of Maryland of $61,856 and the median is 24 percent higher than the median household income level in the US of $49,133.

The household income has declined a small amount from the values (adjusted for inflation) in 2000. The median has decreased to $63,365, posting a 2 percent decline. Prince George's County, Maryland, in terms of percentage of decline, ranks 6 of 10 counties in percent of decline for the household income level in the State of Maryland. Prince George's County ranks 608 of 668 counties (or parishes) when comparing the decline in median income level for the United States.

Black or African American householders reported a median household income that was 2.4 percent less than the all population median published in the 2000 Census, with a median of $63,107. In Prince George's County, Maryland White headed households reported household income (in 2005 Dollars) of $70,126 according to the 2000 Dencennial Census, which was 8.5 percent greater than the median in the year 2000. According to the 2000 Census, the Asian headed households in the area have median household incomes of $63,415. This median is 1.9 percent less than the all households reported median in the area. Hispanic households in Prince George's County, Maryland recorded a median income of $52,875, which is 18.2 percent less than reported value of the areas total household median income for all households. The American Indian and Alaska Native headed households in Prince George's County reported an income level of $54,935, which was 15 percent less than the median for all households.

When put side-by-side with other counties (or parishes) throughout the United States, Prince George's County, Maryland can be recognized as having a poverty rate amid the residents with a poverty rate of 7.7 percent of the population with family incomes below the 1999 poverty level. The Hispanic race/ethnicity demographic group, represents the largest rate of poverty with 14.1 percent of the people in 2000 living in poverty. The population that is aged 5 years have the largest percent of population in poverty in Prince George's County, reporting 10.1 percent of the population in this age category living in poverty.

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

Tuesday, December 19, 2006

Higher Education in Prince George's County, Maryland

In Prince George's County, Maryland according to the Decennial Census of 2000, 32.8 percent of the White Alone, 24 percent of Black or African American, 46.8 percent of the Asian alone and 12.8 percent of the Hispanic or Latino population, over the age 25, has achieved a Bachelors Degree or Higher.

Prince George's County, Maryland is made up of a highly-educated working age population, with 27.2 percent of the population (+25) having received at least a Bachelors Degree, as reported in the Decennial Census of 2000. Prince Georges has a lower percent of the population with at least a Bachelors than the State of Maryland's proportion of 31.4 percent and a higher percent than the national average of 24.4 percent.

From 2000 to 2005, the percent of the male population that can be considered highly educated has stayed the same by 0.0 percent. As reported in 2005, 28 percent of the total male population, in the area, has obtained at least a Bachelors Degree. From 2000 to 2005, the percent of women with a Bachelors or Higher has increased by a total of 3.2 percent. By 2005, a total of 30 percent of the female population had achieved this level of education.

Since 2000, Prince Georges has increased in the percent of the total population (+25) with a BA or Higher. The portion of this population has grown by 2.0 percent to a total of 29.2 percent in 2005, as reported by the American Community Survey. The proportion of the 2005 population having received at least a BA is less than the State of Maryland percent of 34.6 and greater than the US percent of 27.2.

The 2000 Decennial Census reported that in Prince George's County, Maryland, a high proportion of the male population in the area have reached the Some College or Associates Degree category, with 28.6 percent reaching this education level. The female population in Prince Georges have on average achieved a lower level of higher education (Bachelors or Higher) than the men in the area: 27.6 percent (Men) versus 26.8 percent (Women). The most common level of education for women in the area is Some College or Associates Degree category, with 32 percent of the female population achieving this education level.

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

Saturday, November 11, 2006

Housing Report for Prince George's County, Maryland

Prince George's County had an owner-occupied dwelling median in 2005 of $273,600, reported by the American Community Survey. This median is less than the Maryland 2005 median home value of $280,200 and greater than median home value of $167,500 for the rest of the nation in that year.

The residential real estate values in Prince George's County, Maryland have increased sharply since the Census values accounted for in the year 2000. The values have increased by $128,000, or 87.9 percent, from when in 2000 they were valued at $145,600.

In the State of Maryland, Prince George's County ranks 21 of 24 by percentage growth in residential real estate. The county is positioned 1,470 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

In Prince George's County, the real estate market was made up of 314,221 housing structures in 2005. The area has seen growth in housing units, adding all together 8,462 residential units since 2001, or 2.8 percent.

There is a limited amount of affordable housing in Prince George's County, Maryland. In 2005, 7.5 percent of housing was valued under $125k.

Prince George's County is made up of a relatively high proportion of residential real estate that is high priced. In 2005, the American Community Survey reports that 8.3 percent of the homes were valued over $500,000.

Data Source: U.S. Census Bureau

Sunday, October 29, 2006

Employment Report for Prince Georges County, Maryland -- Annual 2005 Industry Summary

Management of companies and enterprises has a largest number of employee per establishment in Prince Georges County, averaging 96 jobs per establishment, which is greater than the US industry average of 40 and greater than the State of Maryland average establishment size of 37 for the Management of companies and enterprises industry.

Information since the year 2001 was faced with the largest loss in employment in Prince Georges County. The industry lost a total of 3,539 total jobs during the period, accounting for 35.5 percent of the employment in the industry. This made up a total of 51.4 percent of the total jobs loss in the County.

In Prince Georges County, Construction, Professional and technical services and Real estate and rental and leasing have the highest US LQ in 2005. The Construction industry has an LQ of 2.08. This means the percent of total employment in the Construction industry is 2.08 times more than the average percent in the United States, revealing signs that Prince Georges County may specialize, or be an exporter of Construction.

Arts, entertainment, and recreation is the industry with the largest change in employment since the year 2001 in Prince Georges County, with a job growth of 32.7 percent. This is greater than the rate of industry employment change in the United States of 4.7 percent. The State of Maryland had an industry job change of 10.8 percent, during the period.

In Prince Georges County, Retail Trade, Construction, and the Health care and social assistance sectors are the largest industries, in terms of total number of jobs in 2005. The Retail Trade produces the largest number of jobs in the area accounting for 17.3 percent of all the jobs in the county. This makes up 40,068 employees. The Construction and Health care and social assistance sectors account for 13.7 and 10.2 percent of industry employment.







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

 

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