Wednesday, March 21, 2007

In Guilford 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 had the highest average wages in Guilford County for the 2nd quarter of 2006. The average worker in the industry in Guilford County earned an annual wage of $108,703 in 2nd quarter of 2006. The pay is greater than the industry wage rate in North Carolina of $101,998 and less than then the wage for jobs in this industry at the United States Level of $138,150.

Other high-paying jobs in Guilford County, North Carolina are present in wired telecommunications carriers ($87,320), semiconductor and electronic component mfg. ($82,411), data processing and related services ($82,022) and scientific research and development services ($75,299) industries. Note: Click the above Graphic for Detail 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

Guilford County Wages have increased by 14.0% Since 2001


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From 2001 to 2006, average industry wages increased in Guilford County, North Carolina by a total of 14.0%. This is less than the growth in industry wages for North Carolina and less than the growth in industry wages across the US.

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

Guilford County Industry Wages Exceed North Carolina, but Wages Lag Behind the United States


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The average total wages in all industries in Guilford County, North Carolina can be understood as being very high when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 2.9 percent higher than the state, which accounted an average of $35,650. The industry pay 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.

Friday, February 23, 2007

Guilford County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Guilford County

Out of the 4-digit NAICS industries, the Employment services industry has added the most employment with 2,711 employees finding new jobs in the industry. The employment growth in the Employment services industry makes up 11.1 percent of the total number of new jobs in Guilford County.

Top 5 Industries
1. Employment services (2,711 new jobs)
2. Activities related to credit intermediation (2,071 new jobs)
3. Limited-service eating places (1,670 new jobs)
4. Business support services (1,350 new jobs)
5. Full-service restaurants (1,302 new jobs)

In Guilford County, North Carolina, the aggregate employment for all industry sectors has decreased by 2,856 total jobs from 2001 to 2006.

Of the 186 industries with industry data reported by the BLS in each quarter, 110 reported job growth in the duration of the last five years and 76 industry sectors accounting for employment declines during that time period.

Total Five-Year Employment Decline in Guilford County

From of the area's 4-digit NAICS industries, the Household and institutional furniture mfg. industry has lost the most employment with a total loss of 1,263 jobs during the time period. The jobs lost in the Household and institutional furniture mfg. industry make up 4.9 percent of the total employment decline in Guilford County, North Carolina.

Top 5 Industries
1. Household and institutional furniture mfg. (1,263 jobs lost)
2. Services to buildings and dwellings (1,251 jobs lost)
3. Warehousing and storage (1,192 jobs lost)
4. Printing and related support activities (1,178 jobs lost)
5. Data processing and related services (1,020 jobs lost)

Employment for all industries has decreased by 1.2 percent since the 2nd Quarter figures of 2001. This change is greater than percent in the State of North Carolina, which saw a gain of 1.9 percent since the 2nd Quarter of 2001. The losses felt were greater than than the gain felt at the national level of 2.6 percent.

Guilford County Five-Year Percentage Decline in Employment

The Local messengers and local delivery industry has lost the biggest percent of jobs, losing 81.8 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has felt in the State of North Carolina, where the industry felt a gain of 23.1 percent. The losses in the Local messengers and local delivery industry in Guilford County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 15.4 percent in terms of employment in the Local messengers and local delivery industry.

Top 5 Industries
1. Local messengers and local delivery (81.8 percent decline)
2. Misc. durable goods merchant wholesalers (76.5 percent decline)
3. ISPs and web search portals (72.3 percent decline)
4. Electrical equipment manufacturing (63.5 percent decline)
5. Data processing and related services (62.6 percent decline)

Guilford County Five-Year Percentage Growth in Employment

The Insurance and employee benefit funds industry has seen the largest percentage job growth, expanding by 1025.3 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Guilford County has increased employment faster than the industry job growth experienced in North Carolina, where this industry saw a gain of 30.6 percent. The Insurance and employee benefit funds industry in Guilford County outpaced the United States, which experienced a lost 0.5 percent of the employment in this industry.

Top 5 Industries
1. Insurance and employee benefit funds (1025.3 percent gain)
2. Activities related to credit intermediation (966.1 percent gain)
3. Medical and diagnostic laboratories (702.8 percent gain)
4. Machinery and equipment rental and leasing (635.2 percent gain)
5. Educational support services (218.8 percent gain)





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.

Wednesday, January 10, 2007

Income and Poverty in Guilford County, North Carolina

The poverty rate in Guilford County, North Carolina has increased by 4.3 percent from the rates reported in the Decennial Census, moving from 10.6 percent to 14.9 percent.

As the median income level saw a decline from 2000 to 2005 in Guilford County, North Carolina, the Race/Ethnicity group that went through the most dramatic decline in median household income was the Asian category. This group felt a decline of 26.3 percent since the year 2000. The American Indian and Alaska Native Race/Ethnicity group has been least impacted by the median income decline in Guilford County, encountering a 6.4 percent decline in median household income from 2000 to 2005.

The household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $42,320, representing a 15.1 percent decline. Guilford County, North Carolina, when comparing total percent of decline, ranks 13 of 36 counties in percent of decline for the household income level in the State of North Carolina. Guilford County ranks 51 of 668 counties (or parishes) in terms of the decline in household income across the nation.

When compared to other counties (or parishes) across the United States, Guilford County, North Carolina may be understood as having a medium-low rate of poverty among its population, accounting a rate of 10.6 percent of the individuals existing in families with incomes under the poverty level in 1999. The Hispanic race/ethnicity population cohort, has the uppermost poverty rate with 21 percent of the people in 2000 living in poverty. The population that is aged Under 5 years are witness to the most percent living in poverty in Guilford County, having 16.5 percent of the population in this age category living in poverty.

In Guilford County, North Carolina White headed households reported household income (in 2005 Dollars) of $57,300 according to the Decennial Census of 2000, which was 14.9 percent greater than the median in 2000. Black or African American headed households had median income levels that were 27.3 percent less than the overall reported level in 2000, with a reported median of $36,259. The American Indian and Alaska Native householders in Guilford County reported a median household income of $45,900, this median was 7.9 percent less than the areas median level for all households. It was reported in 2000 that the Asian headed households had median household incomes of $54,661. This median income level is 9.6 percent greater than the reported median for all households in the area. Hispanic Householders in Guilford County, North Carolina , according to the 2000 census, had a median household income of $40,297, this income level is 19.2 percent less than the areas median income level for all households.

Compared to other counties (and parishes) throughout the nation, Guilford County reported a relatively high median household income of $49,863 (Adjusted to 2005 Dollars). This is 8.1 percent higher than the median in State of North Carolina of $45,845 and the median household income is 1.5 percent higher than the median household income in the United States of $49,133.

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

Tuesday, December 19, 2006

Higher Education in Guilford County, North Carolina

In Guilford County, North Carolina according to the Decennial Census of 2000, 34.8 percent of the White Alone, 19.6 percent of Black or African American, 31.2 percent of the Asian alone and 13.2 percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

Since the year 2000, Guilford has increased in the percent of the population that is over the age of 25 with a BA or Higher. This population cohort has grown by 1.6 percent to a total of 31.8 percent in 2005, according to the American Community Survey. The 2005 proportion of highly educated population is greater than the State of North Carolina percent of 25.2 and greater than the United States percent of 27.2.

Reported by the 2000 Census in Guilford County, North Carolina, a high proportion of the male population in the area have reached the Bachelors Degree or Higher category, with 31.6 percent reaching this education level. The female population in Guilford have attainment on average a lower level of higher education (Bachelors Degree or Higher) than the male population-- 31.6 percent (Men) versus 29.2 percent (Women). Many of the women in the area have achieved the Bachelors Degree or Higher category, with 29.2 percent of women in the area reaching this education level.

From the years 2000 to 2005, the proportion of the male population that could be considered highly educated has increased by 0.2 percent. By 2005, 32.2 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 2.2 percent. By the year 2005, a total of 31.4 percent of the female population had achieved this level of education.

Guilford County, North Carolina can be considered to have a highly-educated working age population, with 30.2 percent of the over 25 years old population having a Bachelors Degree or Higher, according to the 2000 Decennial Census. Guilford counted a higher percent of highly educated individuals than the State of North Carolina's proportion of 22.4 percent and a higher percent than the national average of 24.4 percent.

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

Tuesday, November 28, 2006

Demographic Profile for Guilford County, North Carolina

From 2000, a very high number of individual migrated to the Guilford internationally. The migration from outside the US into Guilford makes up 6.9 percent of all immigration into North Carolina. This percent of international migration is very high when compared to international migration per 2005 population.

In 2005, the Census Bureau estimated the median age in Guilford County, North Carolina to be 35.9 years old. The median in Guilford is less than the median age in the State of North Carolina of 36.2. Since the year 2000, the area has seen an increase in the median age, when it was 34.9 years old. With 24.1 percent of the 2005 population being comprised of individuals under the age of 18, Guilford can be understood as having a medium-high proportion of youths. The working age population group (18-64) has a medium-high presence of the population, with 63.9 percent of the population falling in this age category. The retirement (65 and over) group makes up 12 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-low proportion of the population.

When calculating the total land area, Guilford covers a total land area of 649 square miles. The land areas has a high average population density of 683 persons per square mile, in 2005. Other US counties with similar densities include: -- more densely populated -- Washington, OR (691 per sq. mile ), Genesee, MI (694 per sq. mile ), Galveston, TX (697 per sq. mile ), -- less densely populated -- Jefferson, CO (682 per sq. mile ), Waukesha, WI (682 per sq. mile ), Chesterfield, VA (679 per sq. mile ).

Guilford County, North Carolina has a population that is comprised of 59.6 percent White, 30.5 percent African American, 3.1 percent Asian, and 5.3 percent Hispanic. The area can be described as having a high level of diversity, with 38.9 percent of minorities in the 2005 population base. This is greater than the State of North Carolina percent of 29.6. Since 2000, Guilford has increased the percent of minority population when 35.6 percent of the population was made up of minorities.

Guilford County, North Carolina had a population that was estimated at 443,519 for the year 2005. The total population has increased sharply, since the population in 2000 of 422,355. This growth represents an increase of 5 percent. Guilford ranks 5 of 100 counties when calculating total change in population for North Carolina and the county ranks 158 of 3,141 counties when calculating the total change in county population across the US.

Datasource: Population Estimates Program, U.S. Bureau of the Census.

Friday, November 10, 2006

Housing Report for Guilford County, North Carolina

The residential home values in Guilford County, North Carolina have moderate increases since the Census values accounted for in the year 2000. The values have increased by $23,100, or 19.8 percent, from their 2000 value of $116,900.

When compared to other counties in North Carolina, Guilford County stands 22 of 100 in terms of growth of new housing structures between 2001 and 2005. The county stands 363 of 3,141, in terms of residential real estate percentage change change in the United States.

Guilford County had an owner-occupied dwelling median in 2005 of $140,000, published by the American Community Survey. This value is greater than the North Carolina 2005 median owner-occupied dwelling value of $127,600 and less than median home value of $167,500 for the United States in the same year.

Guilford County can be understood as having a medium proportion of residential real estate that is high priced. In 2005, the American Community Survey reported that 2.8 percent owner-occupied dwelling are valued over a half a million dollars.

There seems to be a fair amount affordable residential real estate in Guilford County, North Carolina. In 2005, 41.1 percent of owner-occupied dwellings were valued under $125k.

In Guilford County, the census reported 200,648 homes in the year 2005. This county has gone through a growth in housing units, adding all together 16,478 residential units since 2001, or 8.9 percent.

Data Source: U.S. Census Bureau

Monday, October 30, 2006

Employment Report for Guilford County, North Carolina -- Annual 2005 Industry Summary

Manufacturing saw the largest loss of employment between the years 2001-2005 in Guilford County. The sector faced a loss of 7,662 total jobs during the period, accounting for 16.4 percent of the employment in the industry. This made up a total of 46.1 percent of all county employment losses since 2001.

Utilities has a largest number of employee per establishment in Guilford County. In the County, the industry averages 53 jobs per establishment, which is greater than the US industry average of 34 and greater than the North Carolina establishments size average of 37 for the Utilities industry.

Administrative and waste services has had the highest level of job growth from 2001-2005 in Guilford County, moving a total of 17.3 percent. This is greater than the industry employment change in the United States of 4.5 percent. The State of North Carolina had an industry job change of 8 percent, since the year 2001.

In Guilford County, Manufacturing, Retail Trade, and the Health care and social assistance sectors are the largest industries, in terms of total number of jobs in 2005. The Manufacturing is the largest employment industry and makes up 16.2 percent of the total county employment. This totals 39,197 people employed. The Retail Trade and Health care and social assistance sectors provide 12.4 and 12 percent of total employment, respectively.

In Guilford County, Transportation and Warehousing, Management of companies and enterprises and Administrative and waste services have the highest US LQ in 2005. The Transportation and Warehousing sector has a United State LQ of 1.62. This means the percent of total employment in the Transportation and Warehousing industry is 1.62 times the percent of the national average, This signifies that Guilford specializes in Transportation and Warehousing.







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

 

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