Wednesday, January 24, 2007

Lincoln One-Year Industry Employment Change

Total One-Year Employment Growth in the Lincoln Metro Area

Of the industries (4-digit NAICS) in the area, the Limited-service eating places industry has added the most employment with 228 new jobs created in the period. The job growth in the Limited-service eating places industry makes up 14.8 percent of the total employment growth in Lincoln.

Top 5 Industries
1. Limited-service eating places (228 new jobs)
2. Other transportation equipment manufacturing (121 new jobs)
3. Electronics and appliance stores (109 new jobs)
4. Offices of other health practitioners (108 new jobs)
5. Nondepository credit intermediation (104 new jobs)

Total One-Year Employment Decline in the Lincoln Metro Area

From of the area's 4-digit NAICS industries, the Data processing and related services industry experienced most substantial job loss, losing 230 jobs. The declines in the Data processing and related services industry make up 17.0 percent of the jobs lost during the period in Lincoln, NE.

Top 5 Industries
1. Data processing and related services (230 jobs lost)
2. Depository credit intermediation (201 jobs lost)
3. Insurance agencies, brokerages, and related (167 jobs lost)
4. Drinking places, alcoholic beverages (126 jobs lost)
5. Automotive repair and maintenance (55 jobs lost)

Of the 85 industries with industry data reported by the BLS in each quarter, 38 accounted an for increase in employment during the period and 46 industries reported employment loss in the period.

In the Lincoln, NE metro area, the entire sum of jobs in all of the industries has increased by 534 jobs between mid-2005 and mid-2006.

Total employment has increased by 0.4 percent from 2005 (2nd Quarter). These figures are less than growth in Nebraska, which saw a gain of 0.9 percent from the 2nd Quarter of 2005. The gains the area experienced were less than than the gain felt at the national level of 2 percent.

The Lincoln Metro Area: One-Year Percentage Growth in Employment

The Freight transportation arrangement industry has witnessed the largest percentage of employment expansion, increasing by 117.4 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Lincoln has expanded faster than the growth seen in the industry for Nebraska, where the industry felt a gain of 10.5 percent. The Freight transportation arrangement industry in Lincoln outpaced the nation in terms of industry employment growth . During this period, the nation gained 2.7 percent of the industry employment.

Top 5 Industries
1. Freight transportation arrangement (117.4 percent gain)
2. Support activities for rail transportation (22.9 percent gain)
3. Offices of other health practitioners (21.1 percent gain)
4. Beer, wine, and liquor stores (19.8 percent gain)
5. Elementary and secondary schools (19.8 percent gain)

The Lincoln Metro Area: One-Year Percentage Decline in Employment

The Data processing and related services industry has lost the largest percent of jobs, losing 54.1 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry has seen in the Nebraska, where the industry reported a loss of 10.7 percent. The losses in the Data processing and related services industry in Lincoln outpaced the US in terms of percent of decline of industry employment. The US lost 0.3 in percent of workers in the Data processing and related services industry.

Top 5 Industries
1. Data processing and related services (54.1 percent decline)
2. Misc. durable goods merchant wholesalers (23.7 percent decline)
3. Other wood product manufacturing (16.6 percent decline)
4. Hardware and plumbing merchant wholesalers (12.2 percent decline)
5. Warehousing and storage (11.7 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 Lincoln, NE

The household income has declined from the inflation-adjusted values in 2000. The income level has decreased to $47,029, which amounts to a 4 percent decline. The Lincoln, NE MSA, when analyzing percentage of decline, ranks 1 of 1 metro area in percent of decline for median household income in the State of Nebraska. Lincoln ranks 193 of 233 metro area when comparing the decline in household income across the nation.

As the median household income witnessed a decline in the last five year in the Lincoln, NE metro area, the Race/Ethnicity group that experienced the largest decline in median household income was the Hispanic category. This group felt a decline of 22.4 percent since the year 2000. The Asian population category was least influenced by the median household income decline in Lincoln, encountering a 86.7 percent increase in household income, since the reported levels in 2000.

In Lincoln, NE White householders had a median income (2005 Dollars) of $49,967 according to the Decennial Census of 2000, which was 2 percent greater than the median household income in 2000. The households that were headed by an American Indian and Alaska Native individual in Lincoln had a median household income level of $26,471, this median was 45.9 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 $47,190. This median income level is 3.6 percent less than the all households reported median in the area. Black or African American headed households had median income levels that were 34.6 percent less than the overall reported level in 2000, with a reported median of $32,018. Hispanic households in Lincoln, NE , as reported in 2000, had a median household income of $36,573, this median is 25.3 percent less than the median reported for all households in the area.

When put side-by-side with other Metros throughout the United States, the Lincoln metro area can be considered to have a rate of poverty among its population, accounting a rate of 9.5 percent with a family income under the 1999 poverty level. The Black or African American race/ethnicity population category, holds the highest rate of poverty with 27.1 percent of the population in 2000 living in poverty. Individuals aged 5 years are witness to the most percent living in poverty in Lincoln, reporting 13.2 percent of this age group in the area living in poverty.

The rate of poverty in the Lincoln, NE Metro has increased by 1.6 percent since the amount published in 2000, moving from 9.5 percent to 11.1 percent.

Compared to other MSAs throughout the nation, the Lincoln metro area reported a medium-high household income of $48,965 (2005 Dollars). This median is 6.2 percent higher than the median income in State of Nebraska of $45,923 and the median household income is 0.3 percent lower than the median in the US, which is $49,133.

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

 

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