Wednesday, March 21, 2007

In Morris County, jobs in the satellite telecommunications pay the highest wages


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Employment in the satellite telecommunications industry paid the average highest wages in Morris County for the 2nd quarter of 2006. The average worker in the industry in Morris County earned an annual wage of $215,580 in 2006. The annual wage is greater than the industry pay the State of New Jersey of $173,213 and greater than then the pay for jobs in this industry across the nation of $74,388.

Other high-paying jobs in Morris County, New Jersey may be found in direct selling establishments ($143,816), securities and commodity contracts brokerage ($126,914), basic chemical manufacturing ($116,658) and management of companies and enterprises ($114,371) industries. Note: Clicking the Above Graphic Displays the Detailed 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

Morris County Wages have increased by 11.9% Since 2001


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Since 2001, industry wages increased in Morris County, New Jersey by a total of 11.9%. This is less than the growth in wages for the State of New Jersey and less than the growth in industry wages for the nation as a whole.

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

Morris County Industry Wages Exceed New Jersey, and Wages Exceed the United States


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The overall industry wages in Morris County, New Jersey can be understood as being relatively high when analyzed with other Counties in the state. The overall wages are 20.9 percent higher than the state, which was reported to be $48,393. The overall industry wage was greater 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

Morris County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Morris County

Out of the 4-digit NAICS industries, the Limited-service eating places industry has accounted the most employment growth with a total of 2,045 new jobs created in the period. The job growth in the Limited-service eating places industry makes up 5.4 percent of the total number of new jobs in Morris County.

Top 5 Industries
1. Limited-service eating places (2,045 new jobs)
2. Offices of real estate agents and brokers (1,744 new jobs)
3. Grocery and Related Product Wholesalers (1,495 new jobs)
4. Grocery stores (1,360 new jobs)
5. Other miscellaneous manufacturing (1,326 new jobs)

Of the 188 industries with industry data reported by the BLS in each quarter, 82 showed an escalation in the number employed, while 106 industries reported employment loss in the period.

In Morris County, New Jersey, the aggregate employment for all industry sectors has increased by 7,753 jobs between mid-2001 and mid-2006.

Total Five-Year Employment Decline in Morris County

The Wired telecommunications carriers industry witnessed the largest drop in employment, losing a total of 4,504 jobs during the time period. The jobs lost in the Wired telecommunications carriers industry make up 15.2 percent of the total job loss in Morris County, New Jersey.

Top 5 Industries
1. Wired telecommunications carriers (4,504 jobs lost)
2. Management of companies and enterprises (2,982 jobs lost)
3. Unclassified (2,632 jobs lost)
4. Health and personal care stores (1,719 jobs lost)
5. Bakeries and tortilla manufacturing (1,625 jobs lost)

Total industry employment has increased by 3.1 percent from 2001 (2nd Quarter). These figures are greater than percent in New Jersey, which experienced a gain of 0.7 percent since the 2nd Quarter of 2001. The gains were greater than than the gain seen for the United States of 2.6 percent.

Morris County Five-Year Percentage Decline in Employment

The Bakeries and tortilla manufacturing industry has lost the biggest percent of jobs, losing 85.6 percent of the jobs from the 2nd quarter of 2001 to 2nd quarter of 2006. The losses of the area have declined faster than the industry has experienced in the State of New Jersey, where the it saw a loss of 10.2 percent. The losses in the Bakeries and tortilla manufacturing industry in Morris County outpaced the United States industry losses overall. During this period, the United States lost 7.7 in percent of jobs in the Bakeries and tortilla manufacturing industry.

Top 5 Industries
1. Bakeries and tortilla manufacturing (85.6 percent decline)
2. Unclassified (84.3 percent decline)
3. Business, computer and management training (82.9 percent decline)
4. Furniture and furnishing merchant wholesalers (80.7 percent decline)
5. Glass and glass product manufacturing (74 percent decline)

Morris County Five-Year Percentage Growth in Employment

The Wireless telecommunications carriers industry has seen the largest percentage job growth, expanding by 615.8 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Morris County has grow faster than the growth seen in the industry for New Jersey, where the industry took a loss of 2.1 percent. The Wireless telecommunications carriers industry in Morris County outpaced the national average, which felt a lost 0.9 percent of the employment in this industry.

Top 5 Industries
1. Wireless telecommunications carriers (615.8 percent gain)
2. Automotive equipment rental and leasing (606.8 percent gain)
3. Facilities support services (552.6 percent gain)
4. Other miscellaneous manufacturing (532.0 percent gain)
5. Private households (497.3 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.

Monday, January 22, 2007

Morris County One-Year Industry Employment Change

Total One-Year Employment Growth in Morris County

Of the industries (4-digit NAICS) in the area, the Data processing and related services industry has added the most employment with 799 employees finding new jobs in the industry. The employment growth in the Data processing and related services industry makes up 7.1 percent of the total number of new jobs in Morris County.

Top 5 Industries
1. Data processing and related services (799 new jobs)
2. Limited-service eating places (686 new jobs)
3. Offices of real estate agents and brokers (671 new jobs)
4. Computer systems design and related services (574 new jobs)
5. Business support services (454 new jobs)

Out of the 195 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 88 described an expansion of jobs throughout the time period, while 107 industries reported employment loss in the period.

Total One-Year Employment Decline in Morris County

Of the area's industries (4-digit NAICS), the Unclassified industry witnessed the largest drop in employment, losing a total of 797 jobs. The declines in the Unclassified industry make up 11.2 percent of the total employment decline in Morris County, New Jersey.

Top 5 Industries
1. Unclassified (797 jobs lost)
2. Beer, wine, and liquor stores (358 jobs lost)
3. Insurance carriers (342 jobs lost)
4. Scientific research and development services (341 jobs lost)
5. Home furnishings stores (289 jobs lost)

In Morris County, New Jersey, the total number of jobs throughout all industries has increased by 4,312 jobs from mid-2005 to mid-2006.

Morris County One-Year Percentage Growth in Employment

The Commercial and service industry machinery industry has experienced the largest percentage growth, expanding by 125.2 percent from 2005 to 2006. This industry in Morris County has increased employment faster than the industry job growth experienced in New Jersey, where this industry saw a gain of 8.7 percent. The Commercial and service industry machinery industry in Morris County outpaced the US in terms of percent growth of industry employment. During this period, the US lost 2 percent of the employment in this industry.

Top 5 Industries
1. Commercial and service industry machinery (125.2 percent gain)
2. Paint, coating, and adhesive manufacturing (77.1 percent gain)
3. Local messengers and local delivery (63.6 percent gain)
4. Facilities support services (61.7 percent gain)
5. Lessors of nonfinancial intangible assets (53.7 percent gain)

Morris County One-Year Percentage Decline in Employment

The Unclassified industry has lost the largest amount of employment in terms of percentage, losing 62 percent of the jobs from 2005 to 2006. These have declined faster than the industry has experienced in the State of New Jersey, where the industry felt a gain of 2.6 percent. The losses in the Unclassified industry in Morris County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 12.1 percent in terms of employees in the Unclassified industry.

Top 5 Industries
1. Unclassified (62 percent decline)
2. Other ambulatory health care services (58.3 percent decline)
3. Other wood product manufacturing (58 percent decline)
4. Specialty food stores (44.1 percent decline)
5. Sound recording industries (42.7 percent decline)

Total industry employment has increased by 1.7 percent since the 2nd Quarter of 2005. This is greater than growth in the State of New Jersey, which experienced a gain of 1.0 percent from 2005 (2nd Quarter). The gains felt were less than than the gain experienced overall in the US 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 Morris County, New Jersey

As the median income level saw a decline during the period of 2000 to 2005 in Morris County, New Jersey, the Race/Ethnicity category that felt the biggest decline in median household income was the American Indian and Alaska Native category. This group felt a decline of 46 percent from 2000 to 2005. The White Race/Ethnicity category has been least effected by the income level decline in Morris County, undergoing a 5.6 percent decline in median household income from 2000 to 2005.

Black or African American householders reported household income levels that were 31.5 percent less than the total 2000 reported median, with a their median reported to be $61,999. According to the 2000 Census, the Asian headed households in the area have median household incomes of $105,752. This median income level is 16.9 percent greater than the reported median for all households in the area. Hispanic in Morris County, New Jersey , as reported in 2000, had a median household income of $67,242, this income level is 25.7 percent less than the reported median household income for all households in the area. The American Indian and Alaska Native headed households in Morris County reported an income level of $81,065, this level was 10.4 percent less than the median income level in this area. In Morris County, New Jersey White headed households reported a median household income (2005 Dollars) of $91,264 as reported by the Decennial Census of 2000, which was 0.9 percent greater than the median income in 2000.

Compared to other counties (and parishes) throughout the nation, Morris County reported a very high median income for households of $90,488 (2005 Dollars). This median is 28.7 percent higher than the median in New Jersey of $64,521 and this is 45.7 percent higher than the median household income level in the US of $49,133.

The rate of poverty in Morris County, New Jersey has declined by 1.0 percent from the levels reported in the Decennial Census of 2000, moving from 3.9 percent to 2.9 percent.

When compared to other counties (or parishes) across the United States, Morris County, New Jersey may be understood as having a very low rate of poverty among its population, accounting a rate of 3.9 percent of the population with family incomes below the 1999 poverty level. The Hispanic race/ethnicity demographic group, represents the largest rate of poverty with 12.7 percent of the population in 2000 living in poverty. Individuals aged 75 years and over are witness to the most percent living in poverty in Morris County, reporting 7.1 percent of this demographic group living with incomes under poverty.

The household income has declined from the values (adjusted for inflation) in 2000. The median has decreased to $84,010, which amounts to a 7.2 percent decline. Morris County, New Jersey, when analyzing percentage of decline, ranks 3 of 17 counties in percent of decline for median household income in the State of New Jersey. Morris County ranks 363 of 668 counties (or parishes) when analyzing the decline in median household income in the United States.

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

Tuesday, December 19, 2006

Higher Education in Morris County, New Jersey

In Morris County, New Jersey as reported in the 2000 Census, 43.6 percent of the White Alone, 26.8 percent of Black or African American, 70 percent of the Asian alone and 18.4 percent of the Hispanic or Latino population (over 25) has obtained a Bachelors Degree or Higher.

Since the year 2000, Morris has increased in the population percent with a Bachelors Degree or Higher. This population percent has grown by 4.6 percent to a total of 48.6 percent in 2005. According to the American Community Survey, the proportion of the population in 2005 with a BA or Higher is greater than the 2005 State of New Jersey percent of 34.2 and greater than the national percent of 27.2.

Morris County, New Jersey can be considered to have a very highly-educated population of the working age, with 44 percent of the population over 25 years old having received at least a Bachelors Degree, according to the Decennial Census of 2000. Morris is reported having a higher percent of highly educated individuals than the State of New Jersey's proportion of 29.8 percent and a higher percent than United States proportion of 24.4 percent.

In 2000, the Census reported that in Morris County, New Jersey, a high proportion of the male population in the area have reached the Bachelors Degree or Higher category, with 48.2 percent receiving this level of education. The women in Morris have achieved a lower level of higher education (Bachelors or Higher) than the men in the area: 48.2 percent (Men) versus 40.2 percent (Women). The most common level of education for women in the area is Bachelors Degree or Higher category, with 40.2 percent of the female population achieving this education level.

From 2000 to 2005, the percent of male population that is highly educated has increased by 3.2 percent. As reported in 2005, 51.2 percent of area's male population, over the age 25, achieved a Bachelors Degree or Higher. At the same time, the percent of women, over the age 25, holding at least a Bachelors Degree has increased by a total of 6.0 percent. By 2005, a total of 46.2 percent of the female population had achieved this level of education.

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

Tuesday, November 28, 2006

Demographic Profile for Morris County, New Jersey

In 2005, the Census Bureau estimated the median age in Morris County, New Jersey to be 39.7 years old. The median in Morris is greater than the median age in New Jersey of 38.0. Since the year 2000, the area has seen an increase in the median age, at that time the median was 37.9 years old. With 24.9 percent of the 2005 population being made up of children and youth younger than 18, Morris can be described as having a medium-high proportion of youths. The 18 to 64 years old population group has a medium-high presence of the 2005 population base, with 62.8 percent of the population within the age group. People 65 and older make up 12.3 percent of the population. When compared to other counties in the United States, this represents a medium-low proportion of the area population base.

Morris County, New Jersey had a total estimated population of 490,593 for the year 2005. The total population has increased, since its 2000 population of 471,479. This growth shows an increase of 4.1 percent. Morris ranks 6 of 21 counties by growth in total population in New Jersey and the county ranks 180 of 3,141 counties in terms of population growth in the United States.

When calculating the total land area, Morris covers a total land area of 469 square miles. The county has a very high average population density of 1,046 persons per square mile, in 2005. Other US counties with similar densities include: -- more densely populated -- Johnson, KS (1,062 per sq. mile ), Duval, FL (1,068 per sq. mile ), Danville city, VA (1,072 per sq. mile ), -- less densely populated -- Prince William, VA (1,032 per sq. mile ), Wyandotte, KS (1,029 per sq. mile ), Bucks, PA (1,023 per sq. mile ).

Morris County, New Jersey has a population base that is comprised of 78.5 percent White, 2.8 percent African American, 8 percent Asian, and 9.7 percent Hispanic. The area can be described as having a high level of racial and ethnic diversity, with 20.5 percent minorities. This is less than the State of New Jersey percent of 35.6. Since 2000, Morris has increased the percent of minority population when 17.0 percent of the total population were minorities.

Since the year 2000, a very high number of individual migrated to the Morris from outside the country. The immigration into Morris totals 5.2 percent of the total international migration into the State of New Jersey. This percent of international migration is very high when analyzed against immigration per population in 2005.

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

Friday, November 10, 2006

Housing Report for Morris County, New Jersey

In Morris County, the U.S. Census Bureau, Population Division accounted for a total of 182,328 homes in 2005. The county has experienced a growth in housing units, adding in all 5,055 housing units since the year 2001, or 2.9 percent.

The residential real estate values in Morris County, New Jersey have increased sharply from the housing values in 2000. The residential values have increased by $206,100, or 80.1 percent, since 2000 when they were valued at $257,400.

There seems to be a limited amount of real estate that is affordable in Morris County, New Jersey. In 2005, 1.7 percent of housing was valued under $125k.

Throughout the State of New Jersey, Morris County stands 13 of 21 in terms of percentage growth in new housing structures. The county ranks 1,437 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

Morris County had a median home value in the year 2005 of $463,500, published by the American Community Survey. This median is greater than the State of New Jersey 2005 median home value of $333,900 and greater than home value of $167,500 for the rest of the nation in that year.

Morris County has a extremely high percentage of high-priced residential real estate. In 2005, the American Community Survey reports that 42.9 percent of the houses are valued over a half a million dollars.

Data Source: U.S. Census Bureau

Monday, October 30, 2006

Employment Report for Morris County, New Jersey -- Annual 2005 Industry Summary

Other services, except public administration is the industry with the largest change in employment since the year 2001 in Morris County, increasing in size by 20.5 percent. This is greater than the national sector change of 2.8 percent. The State of New Jersey underwent a employment change in the industry of 12.3 percent, from 2001 to 2005.

Information since the year 2001 was faced with the largest loss in employment in Morris County. The industry lost a total of 4,000 jobs, or 30.7 percent of the employment in the industry. This made up a total of 40.1 percent of all employment losses in the county.

Management of companies and enterprises has a largest number of employee per establishment in Morris County. The industry averages 121 employees per business. This is greater than the industry's average in the United States of 40 and greater than the New Jersey average establishment size of 82 for the Management of companies and enterprises industry.

In Morris County, Retail Trade, Professional and technical services, and the Manufacturing sectors are the largest industries, in terms of total number of jobs in 2005. The Retail Trade produces the largest number of jobs in the area accounting for 12.2 percent of all jobs throughout the county, totaling 30,748 jobs. The Professional and technical services and Manufacturing industries make up 11.3 and 10.5 percent of all employment.

In Morris County, Management of companies and enterprises, Professional and technical services and Finance and insurance are the three industries with the highest location quotients. The Management of companies and enterprises industry has an LQ of 1.86. The level of employment in the Management of companies and enterprises sector is 1.86 times more than the average percent in the United States, revealing signs that Morris County may specialize, or be an exporter of Management of companies and enterprises.







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

 

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