Tuesday, February 27, 2007

Columbia Metro Area Industry Wages Lag Behind Missouri, and Wages Lag Behind the United States Industry Wages


(Click Image to Enlarge Graph)



The overall industry wages in Columbia, MO when analyzed can be described as relatively low when compared to other Metro Areas throughout the US in the 2nd quarter of 2006. The industry wages are 21.4 percent lower than the state, which accounted an average of $36,168. The average 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.

Sunday, February 11, 2007

Columbia Five-Year Industry Employment Change

In the Columbia, MO metro area, the entire sum of jobs in all of the industries has increased by 5,147 total jobs from 2001 to 2006.

Total Five-Year Employment Decline in the Columbia Metro Area

Given the industries in the area, the Gasoline stations industry experienced most substantial job loss, losing 113 jobs in that time period. The declines in the Gasoline stations industry make up 16.3 percent of the total employment decline in Columbia, MO.

Top 5 Industries
1. Gasoline stations (113 jobs lost)
2. General freight trucking (107 jobs lost)
3. Employment services (80 jobs lost)
4. Wireless telecommunications carriers (62 jobs lost)
5. Radio and television broadcasting (59 jobs lost)

Total Five-Year Employment Growth in the Columbia Metro Area

Of the industries (4-digit NAICS) in the area, the Full-service restaurants industry has accounted the most employment growth with a total of 860 employees finding new jobs in the industry. The employment growth in the Full-service restaurants industry makes up 22.7 percent of the growth in Columbia.

Top 5 Industries
1. Full-service restaurants (860 new jobs)
2. Highway, street, and bridge construction (536 new jobs)
3. Limited-service eating places (443 new jobs)
4. Other general merchandise stores (239 new jobs)
5. Electronics and appliance stores (159 new jobs)

Given the 54 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 20 reported job growth in the duration of the last five years and 34 industry sectors accounting for employment declines during that time period.

The Columbia Metro Area: Five-Year Percentage Growth in Employment

The Medical equipment and supplies manufacturing industry has seen the largest percentage job growth, expanding by 388.6 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Columbia has expanded faster than the industry job growth experienced in Missouri, where it saw a gain of 4.5 percent. The Medical equipment and supplies manufacturing industry in Columbia outpaced the United States, which experienced a lost 1.7 percent of the industry employment.

Top 5 Industries
1. Medical equipment and supplies manufacturing (388.6 percent gain)
2. Electric goods merchant wholesalers (285.9 percent gain)
3. Business, computer and management training (233.3 percent gain)
4. Other personal services (152.8 percent gain)
5. Highway, street, and bridge construction (114.2 percent gain)

The Columbia Metro Area: Five-Year Percentage Decline in Employment

The Independent artists, writers, and performers industry has seen the largest percentage drop in employment, losing 70.5 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 has seen in the Missouri, where the it saw a gain of 21.1 percent. The losses in the Independent artists, writers, and performers industry in Columbia outpaced the United States industry losses overall. During this period, the United States gained 26.9 percent in terms of employment in the Independent artists, writers, and performers industry.

Top 5 Industries
1. Independent artists, writers, and performers (70.5 percent decline)
2. Travel arrangement and reservation services (49.5 percent decline)
3. Wireless telecommunications carriers (47.4 percent decline)
4. Household goods repair and maintenance (39.7 percent decline)
5. Technical and trade schools (38.9 percent decline)

Employment for all industries has increased by 9.5 percent since the 2nd Quarter figures of 2001. This change is greater than growth in Missouri, which went through a gain of 1.3 percent since the 2nd Quarter of 2001. The gains in the area were greater than than the gain felt at the national level of 2.6 percent.

 

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