Monday, January 22, 2007

Grafton County One-Year Industry Employment Change

Total One-Year Employment Decline in Grafton County

Of the area's industries (4-digit NAICS), the Department stores industry experienced most substantial job loss, losing 255 jobs in that time period. The declines in the Department stores industry make up 28.9 percent of the jobs lost during the period in Grafton County, New Hampshire.

Top 5 Industries
1. Department stores (255 jobs lost)
2. Full-service restaurants (81 jobs lost)
3. Sawmills and wood preservation (49 jobs lost)
4. Traveler accommodation (39 jobs lost)
5. Software publishers (31 jobs lost)

Total One-Year Employment Growth in Grafton County

Out of the 4-digit NAICS industries, the Other general merchandise stores industry has brought the most jobs with a total of 344 total jobs brought in during the period. The growth in the Other general merchandise stores industry makes up 21.4 percent of the total growth in Grafton County.

Top 5 Industries
1. Other general merchandise stores (344 new jobs)
2. General medical and surgical hospitals (144 new jobs)
3. Limited-service eating places (110 new jobs)
4. Computer systems design and related services (104 new jobs)
5. Automobile dealers (69 new jobs)

In Grafton County, New Hampshire, the entire sum of jobs in all industries overall has increased by 702 total jobs from 2005 to 2006.

Given the 116 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 52 reported job growth in the duration of the year and 64 industry sectors accounting for employment declines during that time period.

Total industry employment has increased by 1.6 percent since the 2nd Quarter of 2005. This is greater than percent in the State of New Hampshire, which experienced a gain of 1.0 percent since the 2nd Quarter of 2005. The gains were less than than the gain seen for the United States of 2.0 percent.

Grafton County One-Year Percentage Growth in Employment

The Other general merchandise stores industry has gone through the largest job growth by percent, increasing by 557.3 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Grafton County has increased employment faster than the industry job growth experienced in New Hampshire, where the industry felt a gain of 24.3 percent. The Other general merchandise stores industry in Grafton County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 3.3 percent of the industry employment.

Top 5 Industries
1. Other general merchandise stores (557.3 percent gain)
2. Other personal services (92.0 percent gain)
3. Spectator sports (70.0 percent gain)
4. Business support services (60.4 percent gain)
5. Computer systems design and related services (42.3 percent gain)

Grafton County One-Year Percentage Decline in Employment

The Unclassified industry has lost the biggest percent of jobs, losing 52.3 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has gone through in the New Hampshire, where the industry sector experienced a gain of 21.5 percent. The losses in the Unclassified industry in Grafton County outpaced the United States industry losses overall. During this period, the United States gained 12.1 in percent of jobs in the Unclassified industry.

Top 5 Industries
1. Unclassified (52.3 percent decline)
2. Department stores (24.6 percent decline)
3. Performing arts companies (23.8 percent decline)
4. Florists (21.6 percent decline)
5. Specialized design services (19.5 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.

Wednesday, January 10, 2007

Income and Poverty in Grafton County, New Hampshire

The median household income has declined from the inflation-adjusted values in 2000. The income level has decreased to $46,564, representing a 5.2 percent decline. Grafton County, New Hampshire, when comparing total percent of decline, ranks 2 of 4 counties in percent of decline for the household income level in the State of New Hampshire. Grafton County ranks 457 of 668 counties (or parishes) in terms of the decline in household income across the nation.

The American Indian and Alaska Native households in Grafton County had a median income of $33,312, this was 32.1 percent less than the median for all households. Hispanic headed households in Grafton County, New Hampshire , as reported in 2000, had a median household income of $35,037, this median is 28.6 percent less than the median reported for all households in the area. In Grafton County, New Hampshire White householders had a median household income (in 2005 Dollars) of $49,284 according to the Decennial Census of 2000, which was 0.4 percent greater than the median in the year 2000. The Asian householders in the area have reported their median household incomes at $53,564. This income level is 9.1 percent greater than the reported median household income for all households in the area. Black or African American headed households had median income levels that were 14.8 percent greater than the overall reported level in 2000, with a reported median of $56,373.

As the median income level saw a decline since 2000 in Grafton County, New Hampshire, the Race/Ethnicity category that saw the sharpest decline in median income was the White category. This category saw a decline of 5.6 percent since 2000. The Asian Race/Ethnicity category has been least effected by the income level decline in Grafton County, encountering a 21.7 percent increase in household income level, since the year 2005.

The rate of poverty in Grafton County, New Hampshire has increased by 1.3 percent from the rates reported in the Decennial Census, moving from 8.6 percent to 9.9 percent.

When put side-by-side with other counties (or parishes) throughout the United States, Grafton County, New Hampshire can be recognized as having a rate of poverty among its population, accounting a rate of 8.6 percent of the individuals existing in families with incomes under the poverty level in 1999. The Hispanic race/ethnicity population category, holds the highest rate of poverty with 21.2 percent of the 2000 residents living in poverty. People aged Under 5 years have the most percent of people living in poverty in Grafton County, having 10.8 percent of this age cohort living in poverty.

When analyzed against other counties (and parishes) in the US, Grafton County was reported to have a relatively high median income for households of $49,096 (Adjusted to 2005 Dollars). This figure is 17.9 percent lower than the median in State of New Hampshire of $57,876 and the median is 0.1 percent lower than the median for the rest of the nation, which is a reported $49,133.

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

 

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