Monday, January 22, 2007

Belknap County One-Year Industry Employment Change

Total One-Year Employment Growth in Belknap County

From the industries (4-digit NAICS) in the area, the Full-service restaurants industry has accounted the most employment growth with a total of 177 new jobs created in the period. The job growth in the Full-service restaurants industry makes up 21.4 percent of the total number of new jobs in Belknap County.

Top 5 Industries
1. Full-service restaurants (177 new jobs)
2. Building material and supplies dealers (116 new jobs)
3. Architectural and engineering services (60 new jobs)
4. Clothing stores (42 new jobs)
5. Management of companies and enterprises (41 new jobs)

Out of the 97 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 41 reported job growth in the duration of the year and 55 industries reported a drop in employment.

Total One-Year Employment Decline in Belknap County

Of the area's industries (4-digit NAICS), the Machine shops and threaded product mfg. industry has lost the most employment with a total loss of 45 jobs. The declines in the Machine shops and threaded product mfg. industry make up 9.9 percent of the total job loss in Belknap County, New Hampshire.

Top 5 Industries
1. Machine shops and threaded product mfg. (45 jobs lost)
2. Management and technical consulting services (44 jobs lost)
3. RV parks and recreational camps (40 jobs lost)
4. Other motor vehicle dealers (39 jobs lost)
5. Residential building construction (33 jobs lost)

In Belknap County, New Hampshire, the entire sum of jobs in all industries overall has increased by 197 jobs between mid-2005 and mid-2006.

Belknap County One-Year Percentage Growth in Employment

The Remediation and other waste services industry has witnessed the largest percentage of employment expansion, increasing by 85.3 percent from 2005 to 2006. This industry in Belknap County has grow faster than the industry has grown in the State of New Hampshire, where the industry felt a gain of 15.5 percent. The Remediation and other waste services industry in Belknap County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 4.1 percent.

Top 5 Industries
1. Remediation and other waste services (85.3 percent gain)
2. Office administrative services (73.1 percent gain)
3. Grantmaking and giving services (66.7 percent gain)
4. Private households (47.9 percent gain)
5. Architectural and engineering services (41.6 percent gain)

Belknap County One-Year Percentage Decline in Employment

The Architectural and structural metals mfg. industry has lost the largest amount of employment in terms of percentage, losing 31.9 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the New Hampshire, where the industry sector experienced a loss of 18.9 percent. The losses in the Architectural and structural metals mfg. industry in Belknap County outpaced the United States industry losses overall. During this period, the United States gained 3.9 percent in terms of employment in the Architectural and structural metals mfg. industry.

Top 5 Industries
1. Architectural and structural metals mfg. (31.9 percent decline)
2. Management and technical consulting services (31 percent decline)
3. Unclassified (30.8 percent decline)
4. Performing arts companies (27 percent decline)
5. Lawn and garden equipment and supplies stores (24.2 percent decline)

Employment for all industries has increased by 0.9 percent since the 2nd Quarter of 2005. This is less than percent in New Hampshire, which experienced a gain of 1.0 percent from 2005 (2nd Quarter). The gains were less than than the gain felt at the national level of 2.0 percent.





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.

Wednesday, January 10, 2007

Income and Poverty in Belknap County, New Hampshire

When put side-by-side with other counties (or parishes) throughout the United States, Belknap County, New Hampshire may be understood as having a rate of poverty among its population, accounting a rate of 6.1 percent of people living in a family with an income below the poverty level in 1999. The Black or African American race/ethnicity demographic group, represents the largest rate of poverty with 12 percent of the people in 2000 living in poverty. The population that is aged Under 5 years have the most percent of people living in poverty in Belknap County, having 13.2 percent of this age cohort living in poverty.

When analyzed against other counties (and parishes) in the US, Belknap County was reported to have a relatively high household income of $51,018 (2005 Dollars). This median is 13.4 percent lower than the median in New Hampshire of $57,876 and the median is 3.7 percent higher than the median household income in the United States of $49,133.

The American Indian and Alaska Native householders in Belknap County reported an income level of $54,113, which was 6.1 percent greater than the areas median level for all households. In Belknap County, New Hampshire White headed households reported a median household income (2005 Dollars) of $51,172 according to the Decennial Census of 2000, which was 0.3 percent greater than the median income in 2000. According to the 2000 Census, the Asian headed households in the area have median household incomes of $48,913. This income level is 4.1 percent less than the all households reported median in the area. Black or African American householders reported household income levels that were 30 percent less than the overall reported level in 2000, with a reported median of $35,727. Hispanic households in Belknap County, New Hampshire , according to the 2000 census, had a median household income of $73,856, this income level is 44.8 percent greater than the areas median income level for all households.







Datasource: U.S. Bureau of the Census. 2000 Decennial Census.

 

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