Tuesday, February 27, 2007

Montgomery County Industry Wages Lag Behind North Carolina, and Wages Lag Behind the United States


(Click Image to Enlarge Graph)



Wages in all industries in Montgomery County, North Carolina when analyzed can be understood as being medium-high when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 20.4 percent lower than the reported averages in the state of $35,650. The average pay was less than the US average pay 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.

Friday, February 23, 2007

Montgomery County Five-Year Industry Employment Change

Montgomery County Five-Year Percentage Growth in Employment

The Automotive repair and maintenance industry has witnessed the largest percentage of employment expansion, increasing by 282.7 percent from 2001 to 2006. This industry in Montgomery County has grow faster than the growth seen in the industry for North Carolina, where the industry felt a gain of 0.9 percent. The Automotive repair and maintenance industry in Montgomery County outpaced the national average, which felt a lost 1.8 percent.

Top 5 Industries
1. Automotive repair and maintenance (282.7 percent gain)
2. Electronics and appliance stores (175.0 percent gain)
3. Building material and supplies dealers (150.0 percent gain)
4. Management of companies and enterprises (111.8 percent gain)
5. Lawn and garden equipment and supplies stores (59.3 percent gain)

Montgomery County Five-Year Percentage Decline in Employment

The Fabric mills industry has lost the largest percent of jobs, losing 78.5 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has experienced in the State of North Carolina, where the it saw a loss of 49.4 percent. The losses in the Fabric mills industry in Montgomery County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 46.3 percent in terms of employees in the Fabric mills industry.

Top 5 Industries
1. Fabric mills (78.5 percent decline)
2. Private households (64.3 percent decline)
3. Office furniture and fixtures manufacturing (49.1 percent decline)
4. Services to buildings and dwellings (48.6 percent decline)
5. Other specialty trade contractors (41.6 percent decline)

Employment for all industries has decreased by 11.8 percent from 2001 (2nd Quarter). These figures are greater than growth in North Carolina, which went through a gain of 1.9 percent since the 2nd Quarter of 2001. The losses were greater than than the gain felt at the national level of 2.6 percent.

Total Five-Year Employment Decline in Montgomery County

From of the area's 4-digit NAICS industries, the Fabric mills industry witnessed the largest drop in employment, losing a total of 384 jobs during the period. The employment lost in the Fabric mills industry make up 42.9 percent of the total employment decline in Montgomery County, North Carolina.

Top 5 Industries
1. Fabric mills (384 jobs lost)
2. Office furniture and fixtures manufacturing (172 jobs lost)
3. Grocery stores (121 jobs lost)
4. Household and institutional furniture mfg. (76 jobs lost)
5. Gasoline stations (38 jobs lost)

In Montgomery County, North Carolina, the entire sum of jobs in all industries overall has decreased by 1,140 jobs between mid-2001 and mid-2006.

Of the 27 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 15 described an expansion of jobs throughout the time period, while 12 industries reported employment loss in the period.

Total Five-Year Employment Growth in Montgomery County

Of the industries (4-digit NAICS) in the area, the Sawmills and wood preservation industry has brought the most jobs with a total of 144 new jobs created in the period. The job growth in the Sawmills and wood preservation industry makes up 31.0 percent of the total employment growth in Montgomery County.

Top 5 Industries
1. Sawmills and wood preservation (144 new jobs)
2. Management of companies and enterprises (126 new jobs)
3. Automotive repair and maintenance (71 new jobs)
4. Limited-service eating places (54 new jobs)
5. Building material and supplies dealers (26 new jobs)





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.

 

About - © 2007 Ecanned.com  - Contact