Wednesday, March 21, 2007

In Colfax County, jobs in the insurance agencies, brokerages, and related pay the highest wages


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Jobs in the insurance agencies, brokerages, and related industry wages were the highest in Colfax County for the 2nd quarter of 2006. The average worker in the industry in Colfax County received an annual wage of $49,009 in 2006. The average wage is greater than the industry wage rate in New Mexico of $38,118 and less than then the wage for jobs in this industry at the United States Level of $54,074.

Top-pay jobs in Colfax County, New Mexico can be found in offices of physicians ($39,250), specialized freight trucking ($35,947), management and technical consulting services ($34,545) and architectural and engineering services ($33,267) industries. Note: Click the above Graphic for Detail 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

Colfax County Wages have increased by 16.4% Since 2001


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From 2001 to 2006, average industry wages increased in Colfax County, New Mexico by a total of 16.4%. This is less than the growth in industry wages for New Mexico and greater 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

Colfax County Industry Wages Lag Behind New Mexico, and Wages Lag Behind the United States


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Wages in all industries in Colfax County, New Mexico can be understood as being medium-low when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 28.6 percent lower than the reported averages in the state of $32,032. The industry pay was less than the national industry average 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

Colfax County Five-Year Industry Employment Change

Total Five-Year Employment Decline in Colfax County

Of the area's industries (4-digit NAICS), the Full-service restaurants industry experienced most substantial job loss, losing 78 jobs. The declines in the Full-service restaurants industry make up 51.1 percent of the total employment decline in Colfax County, New Mexico.

Top 5 Industries
1. Full-service restaurants (78 jobs lost)
2. Automotive repair and maintenance (26 jobs lost)
3. Professional and similar organizations (10 jobs lost)
4. General freight trucking (9 jobs lost)
5. Office supplies, stationery, and gift stores (9 jobs lost)

Total Five-Year Employment Growth in Colfax County

Out of the 4-digit NAICS industries, the Building equipment contractors industry has accounted the most employment growth with a total of 21 employees finding new jobs in the industry. The employment growth in the Building equipment contractors industry makes up 22.7 percent of the total growth in Colfax County.

Top 5 Industries
1. Building equipment contractors (21 new jobs)
2. Specialized freight trucking (19 new jobs)
3. Offices of real estate agents and brokers (17 new jobs)
4. Other amusement and recreation industries (8 new jobs)
5. Limited-service eating places (7 new jobs)

In Colfax County, New Mexico, the aggregate employment for all industry sectors has decreased by 282 jobs between mid-2001 and mid-2006.

Of the 22 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 9 reported job growth in the duration of the last five years and 12 industry sectors reported declines during the time period.

Colfax County Five-Year Percentage Growth in Employment

The Specialized freight trucking industry has witnessed the largest percentage of employment expansion, increasing by 329.4 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Colfax County has increased employment faster than the growth seen in the industry for New Mexico, where this industry saw a gain of 8.1 percent. The Specialized freight trucking industry in Colfax County outpaced the national average, which felt a gained 6.8 percent of the industry employment.

Top 5 Industries
1. Specialized freight trucking (329.4 percent gain)
2. Offices of real estate agents and brokers (104.1 percent gain)
3. Building equipment contractors (83.1 percent gain)
4. Architectural and engineering services (39.1 percent gain)
5. Other professional and technical services (28.8 percent gain)

Colfax County Five-Year Percentage Decline in Employment

The Automotive repair and maintenance industry has lost the largest amount of employment in terms of percentage, losing 60.2 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has gone through in the New Mexico, where the industry sector experienced a loss of 0.5 percent. The losses in the Automotive repair and maintenance industry in Colfax County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 1.8 in percent of jobs in the Automotive repair and maintenance industry.

Top 5 Industries
1. Automotive repair and maintenance (60.2 percent decline)
2. Investigation and security services (49.1 percent decline)
3. Professional and similar organizations (46.8 percent decline)
4. General freight trucking (40.9 percent decline)
5. Office supplies, stationery, and gift stores (28.3 percent decline)

Employment for all industries has decreased by 7 percent from 2001 (2nd Quarter). These figures are greater than percent in New Mexico, which saw a gain of 10.5 percent from 2001 (2nd Quarter). The losses were greater than than the gain reported at the US level of 2.6 percent.





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

Colfax County One-Year Industry Employment Change

Total One-Year Employment Decline in Colfax County

Of the area's industries (4-digit NAICS), the Full-service restaurants industry experienced most substantial job loss, losing 66 jobs in that time period. The declines in the Full-service restaurants industry make up 38.9 percent of the employment lost during the period in Colfax County, New Mexico.

Top 5 Industries
1. Full-service restaurants (66 jobs lost)
2. Limited-service eating places (22 jobs lost)
3. Depository credit intermediation (21 jobs lost)
4. Grocery stores (14 jobs lost)
5. Specialized freight trucking (12 jobs lost)

In Colfax County, New Mexico, the entire sum of jobs in all industries overall has decreased by 124 jobs from mid-2005 to mid-2006.

Of the 33 industries with industry data reported by the BLS in each quarter, 17 described an expansion of jobs throughout the time period, while 15 industry sectors reported declines during the time period.

Total One-Year Employment Growth in Colfax County

Of the industries (4-digit NAICS) in the area, the Gasoline stations industry has added the most employment with 20 total jobs brought in during the period. The growth in the Gasoline stations industry makes up 25.6 percent of the total employment growth in Colfax County.

Top 5 Industries
1. Gasoline stations (20 new jobs)
2. Offices of real estate agents and brokers (11 new jobs)
3. Other specialty trade contractors (8 new jobs)
4. Insurance carriers (7 new jobs)
5. Consumer goods rental (6 new jobs)

Colfax County One-Year Percentage Decline in Employment

The Insurance agencies, brokerages, and related industry has lost the largest amount of employment in terms of percentage, losing 54.2 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 New Mexico, where the industry reported a loss of 0.4 percent. The losses in the Insurance agencies, brokerages, and related industry in Colfax County outpaced the United States industry losses overall. During this period, the United States gained 2 percent in terms of employees in the Insurance agencies, brokerages, and related industry.

Top 5 Industries
1. Insurance agencies, brokerages, and related (54.2 percent decline)
2. Office supplies, stationery, and gift stores (34 percent decline)
3. Specialized freight trucking (32.4 percent decline)
4. Nonresidential building construction (27.6 percent decline)
5. Full-service restaurants (19 percent decline)

Total employment has decreased by 3.2 percent from the reported values in 2005. These values are greater than percent in New Mexico, which went through a gain of 4.5 percent since the 2nd Quarter of 2005. The losses the area experienced were greater than than the gain felt at the national level of 2.0 percent.

Colfax County One-Year Percentage Growth in Employment

The Consumer goods rental industry has seen the largest percentage job growth, expanding by 61.3 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Colfax County has grow faster than the industry job growth experienced in New Mexico, where the industry felt a loss of 3.1 percent. The Consumer goods rental industry in Colfax County outpaced the United States, which experienced a lost 4.6 percent of the industry employment.

Top 5 Industries
1. Consumer goods rental (61.3 percent gain)
2. Offices of real estate agents and brokers (47.1 percent gain)
3. Insurance carriers (46.7 percent gain)
4. General freight trucking (44.4 percent gain)
5. Other specialty trade contractors (39.1 percent gain)





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 Colfax County, New Mexico

Contrasted against to other counties (or parishes) throughout the US, Colfax County, New Mexico may be understood as having a medium-high rate of poverty among its population, accounting a rate of 14.8 percent with a family income under the 1999 poverty level. The Black or African American race/ethnicity population cohort, has the uppermost poverty rate with 64.5 percent of the 2000 residents living in poverty. People aged Under 5 years have the largest percent of population in poverty in Colfax County, with 31.3 percent of this demographic group living with incomes under poverty.

Black or African American householders reported a median household income that was 22.2 percent less than the overall reported level in 2000, with a reported median of $27,997. In Colfax County, New Mexico White headed households reported a median household income (2005 Dollars) of $37,441 as reported by the Decennial Census of 2000, which was 4.1 percent greater than the median household income in 2000. It was reported in 2000 that the Asian headed households had median household incomes of $8,124. This median is 77.4 percent less than the reported median household income for all households in the area. The households that were headed by an American Indian and Alaska Native individual in Colfax County reported an income level of $19,987, this level was 44.4 percent less than the median for all households. Hispanic headed households in Colfax County, New Mexico , as reported in 2000, had a median household income of $29,730, this median is 17.3 percent less than the areas median income level for all households.

When compared to other counties (and parishes) throughout the United States, Colfax County had a medium-low household income of $35,970 (2005 Dollars). This median is 11 percent lower than the household income median in State of New Mexico of $39,936 and the income level is 36.6 percent lower than the median in the US, which is $49,133.







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

Tuesday, December 19, 2006

Higher Education in Colfax County, New Mexico

Reported by the 2000 Census in Colfax County, New Mexico, a high proportion of the male population in the area have reached the High School Diploma category, with 33.2 percent receiving this level of education. The women in Colfax on average have achieved a lower level of higher education (Bachelors or Higher) than men; 20 percent (Men) versus 17.2 percent (Women). Many of the women in the area have achieved the High School Diploma category, with 35.2 percent of the areas female population attaining this level of education.

In Colfax County, New Mexico as reported in the 2000 Census, 21 percent of the White Alone, 0 percent of Black or African American, 0 percent of the Asian alone and 5.4 percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

Colfax County, New Mexico may to understood as having a moderately-educated 2000 population, with 18.6 percent of the population (+25) having received at least a Bachelors Degree, as reported in the Decennial Census of 2000. Colfax is reported having a lower percent of individuals with higher educations than the State of New Mexico's proportion of 23.4 percent and a lower percent than the US proportion of 24.4 percent.





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

Tuesday, November 28, 2006

Demographic Profile for Colfax County, New Mexico

Colfax County, New Mexico had a population that was estimated at 13,755 in 2005. The estimated population has decreased, from the population in the year 2000 of 14,227. The decline represents a decrease of -3.3 percent. Colfax ranks 28 of 33 counties when analyzing total population change in New Mexico and the county ranks 2,726 of 3,141 counties in terms of population growth in the United States.

In terms of total land area, Colfax extends a total area of 3757 square miles. The land areas has a very low average area density of 4 persons per square mile. Similar counties in the US, in terms of density, include: -- more densely populated -- Coke, TX (4 per sq. mile ), Jerauld, SD (4 per sq. mile ), Caribou, ID (4 per sq. mile ), -- less densely populated -- Sanders, MT (4 per sq. mile ), Fremont, WY (4 per sq. mile ), Kimball, NE (4 per sq. mile ).

Since the year 2000, a medium-low amount of people have migrated to Colfax from another country. The international migration into Colfax totals 0.1 percent of the total international migration into the State of New Mexico. This level of international migration can be considered medium-low when analyzed against the base population in the year 2005 and compared to other counties across the US.

Colfax County, New Mexico has a population that is made of 50.8 percent White, 0.4 percent African American, 0.4 percent Asian, and 47 percent Hispanic. This area can be considered to have a very high level of diversity in terms of race and ethnicity, with 47.8 percent minorities. This is greater than the State of New Mexico percent of 46.4. Since 2000, Colfax has decreased the level of diversity when 48.3 percent of the population was made up of minorities.

In 2005, the Census Bureau estimated the median age in Colfax County, New Mexico to be 44.6 years old. The median in Colfax is greater than the median age in New Mexico of 36.2. Since the year 2000, the area has seen an increase in the median, when the median age was 40.9 years old. With a total of 21.9 percent of the 2005 population being made up of children and youth younger than 18, Colfax can be understood as being made up of a medium-low proportion of youths. The working age population group (18-64) has a medium-low representation within the estimated 2005 area population, making up 59.8 percent of the population falling in this age category. The retirement (65 and over) group makes up 18.3 percent of the population. When compared to other counties in the United States, this represents a medium-high percent of the population.

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

Friday, November 10, 2006

Housing Report for Colfax County, New Mexico

In Colfax County, the U.S. Census Bureau, Population Division accounted for a total of 9,410 housing structures in 2005. The area has seen growth in housing units, adding a total of 298 homes since 2001, or 3.3 percent.

Colfax County recorded median owner-occupied home value in the year 2000 of $76,600, according to the Decennial Census. This median is less than the State of New Mexico 2000 median owner-occupied dwelling value of $108,100 and less than median home value of $119,600 for the United States in the same year.

Throughout the State of New Mexico, Colfax County stands 16 of 33 in terms of percentage growth in new housing structures. The county ranks 1,282 of 3,141, in terms of residential real estate percentage change change in the United States.

There seems to be a large amount affordable residential real estate in Colfax County, New Mexico. In 2000, 74.8 percent of housing was valued under $125k.





Data Source: U.S. Census Bureau

Monday, October 30, 2006

Employment Report for Colfax County, New Mexico -- Annual 2005 Industry Summary

In Colfax County, Mining, Other services, except public administration and Accommodation and food services are the three industries with the highest location quotients. The Mining industry has a US LQ in the county of 3.5. In other words, the percent of total jobs in the Mining industry is 3.5 times more than the average percent in the United States, revealing signs that Colfax may be an exporter of products or services of Mining.

Accommodation and food services has the largest businesses in Colfax County, averaging 16 employees per business. This is less than the industry's average at the national level of 19 and less than the New Mexico typical size of 21 for the Accommodation and food services industry.

In Colfax County, Accommodation and food services, Retail Trade, and the Other services, except public administration sectors are the largest industries, in terms of total number of jobs in 2005. The Accommodation and food services is the major employer in the county making up 27.2 percent of total employment in the county, making up 1,041 people employed. The Retail Trade and Other services, except public administration sectors provide 16.4 and 10.8 percent of industry employment.

The Health care and social assistance industry has decreased the most in industries presence in Colfax County, from the year 2001 to 2005, accounting for 8.1 percent of total employment in 2001 to 0 percent in the year 2005.

Wholesale trade saw the biggest increase in jobs since the year 2001 in Colfax County, rising by 68.4 percent. This is greater than the United States industry change in employment of 0.4 percent. The State of New Mexico saw a change in employment in the sector of 0.3 percent, in the duration of 2001 to 2005.







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

 

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