Monday, January 22, 2007

Hidalgo County One-Year Industry Employment Change

In Hidalgo County, New Mexico, the entire sum of jobs in all industries overall has decreased by 39 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Total One-Year Employment Growth in Hidalgo County

Of the industries (4-digit NAICS) in the area, the Full-service restaurants industry has brought the most jobs with a total of 5 employees finding new jobs in the industry. The employment growth in the Full-service restaurants industry makes up 66.7 percent of the total employment growth in Hidalgo County.

Top 1 Industries
1. Full-service restaurants (5 new jobs)

Total One-Year Employment Decline in Hidalgo County

The Gasoline stations industry experienced most substantial job loss, losing 4 jobs. The declines in the Gasoline stations industry make up 108.3 percent of the employment lost during the period in Hidalgo County, New Mexico.

Top 3 Industries
1. Gasoline stations (4 jobs lost)
2. Private households (13 jobs lost)
3. Residential building construction (4 jobs lost)



Hidalgo County One-Year Percentage Growth in Employment

The Other general merchandise stores industry has experienced the largest percentage growth, expanding by 12.5 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Hidalgo County has expanded faster than the industry job growth experienced in New Mexico, where this industry saw a gain of 5.7 percent. The Other general merchandise stores industry in Hidalgo County outpaced the national average, which felt a gained 3.3 percent.

Top 3 Industries
1. Other general merchandise stores (12.5 percent gain)
2. Full-service restaurants (6.3 percent gain)
3. Child day care services (1.5 percent gain)

Employment for all industries has decreased by 3.9 percent since the 2nd Quarter figures of 2005. This change is greater than percent in the State of New Mexico, experiencing a gain of 4.5 percent since the 2nd Quarter of 2005. The losses felt were greater than than the gain experienced overall in the US of 2.0 percent.

Hidalgo County One-Year Percentage Decline in Employment

The Gasoline stations industry has seen the largest percentage drop in employment, losing 11.8 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the New Mexico, where the industry reported a loss of 1.2 percent. The losses in the Gasoline stations industry in Hidalgo County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 0.3 percent in terms of employees in the Gasoline stations industry.

Top 1 Industries
1. Gasoline stations (11.8 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 Hidalgo County, New Mexico

Compared to counties across the United States, Hidalgo County was reported to have a relatively low median household income of $29,038 (2005 Dollars). This median is 37.5 percent lower than the median in New Mexico of $39,936 and the median is 69.2 percent lower than the median household income in the United States of $49,133.

Hispanic headed households in Hidalgo County, New Mexico , as reported in 2000, had a median household income of $23,615, this income level is 18.7 percent less than the median reported for all households in the area. The American Indian and Alaska Native householders in Hidalgo County reported a median household income of $16,088, this was 44.6 percent less than the median level for total households in the area. According to the 2000 Census, the Asian headed households in the area have median household incomes of $4,388. This median income level is 84.9 percent less than the reported median for all households in the area. In Hidalgo County, New Mexico White headed households reported household income (in 2005 Dollars) of $30,625 as reported by the Decennial Census of 2000, which was 5.5 percent greater than the median in the year 2000. Black or African American householders reported a median household income that was 29.9 percent greater than the all population median published in the 2000 Census, with a median of $37,733.

Contrasted against to other counties (or parishes) throughout the US, Hidalgo County, New Mexico may be understood as having a very high rate of poverty among its population, accounting a rate of 27.3 percent of the individuals existing in families with incomes under the poverty level in 1999. The Asian race/ethnicity demographic group, represents the largest rate of poverty with 100 percent of the people in 2000 living in poverty. The population that is aged 12 to 17 years are experiencing most percent people in poverty in Hidalgo County, accounting 38.7 percent of this demographic group living with incomes under poverty.







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

 

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