In Union County, jobs in the depository credit intermediation pay the highest wages

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Jobs in the depository credit intermediation industry reported the top wages in Union County for the 2nd quarter of 2006. The average worker in the industry in Union County earned an annual wage of $29,877 in 2nd quarter of 2006. The pay is less than the industry pay the State of New Mexico of $34,522 and less than then the wage for jobs in this industry in the US of $47,929.

Other top-pay jobs in Union County, New Mexico are present in cattle ranching and farming ($24,928), building equipment contractors ($20,241), other general merchandise stores ($11,240) and limited-service eating places ($7,416) 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.

Union County Wages have increased by 23.5% Since 2001

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Industry wages, from 2001 to 2006, have increased in Union County, New Mexico by a total of 23.5%. This is greater than the growth in industry wages for New Mexico and greater than the growth in industry wages across the US.

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.

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

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Wages in all industries in Union County, New Mexico can be understood as being relatively low when compared to other Counties throughout the state in the 2nd quarter of 2006. The industry wages are 34.2 percent lower than the reported averages in the state of $32,032. The overall industry wage was less than the overall average in the United States 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.

Union County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Union County

The Cattle ranching and farming industry has grown the most with 10 new jobs created in the period. The job growth in the Cattle ranching and farming industry makes up 96.7 percent of the total number of new jobs in Union County.

Top 1 Industries
1. Cattle ranching and farming (10 new jobs)

Total Five-Year Employment Decline in Union County

Given the industries in the area, the Full-service restaurants industry witnessed the largest drop in employment, losing a total of 18 jobs during the time period. The jobs lost in the Full-service restaurants industry make up 100.0 percent of the employment lost during the period in Union County, New Mexico.

Top 2 Industries
1. Full-service restaurants (18 jobs lost)
2. Full-service restaurants (32 jobs lost)

In Union County, New Mexico, the total number of workers for all sectors has increased by 21 total jobs from 2001 to 2006.



Union County Five-Year Percentage Growth in Employment

The Cattle ranching and farming industry has witnessed the largest percentage of employment expansion, increasing by 11.0 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Union County has expanded slower than the industry job growth experienced in New Mexico, where the industry took a gain of 20.1 percent. The Cattle ranching and farming industry in Union County lagged behind the US in terms of percent growth of industry employment. During this period, the US gained 14.5 percent.

Top 2 Industries
1. Cattle ranching and farming (11.0 percent gain)
2. Building equipment contractors (4.3 percent gain)

Total industry employment has increased by 2.2 percent from 2001 (2nd Quarter). These figures are less than percent in New Mexico, experiencing a gain of 10.5 percent from 2001 (2nd Quarter). The gains were less than than the gain reported at the US level of 2.6 percent.

Union County Five-Year Percentage Decline in Employment

The Full-service restaurants industry has seen the largest percentage drop in employment, losing 32.5 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the New Mexico, where the it saw a gain of 18.4 percent. The losses in the Full-service restaurants industry in Union County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 13.2 in percent of workers in the Full-service restaurants industry.

Top 1 Industries
1. Full-service restaurants (32.5 percent decline)





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.

Union County One-Year Industry Employment Change

In Union County, New Mexico, the total number of jobs throughout all industries has increased by 1 total jobs from 2005 to 2006.

Total One-Year Employment Growth in Union County

Of the industries (4-digit NAICS) in the area, the Building equipment contractors industry has added the most employment with 1 jobs added during the time period. These new jobs in the Building equipment contractors industry makes up 0.0 percent of the total number of new jobs in Union County.

Top 4 Industries
1. Management of companies and enterprises (1,141 new jobs)
2. Building equipment contractors (404 new jobs)
3. Full-service restaurants (401 new jobs)
4. Clothing stores (391 new jobs)





Union County One-Year Percentage Growth in Employment

The Management of companies and enterprises industry has gone through the largest job growth by percent, increasing by 61.2 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Union County has expanded faster than the industry job growth experienced in New Mexico, where it saw a gain of 4.4 percent. The Management of companies and enterprises industry in Union County outpaced the national average, which felt a gained 2.7 percent.

Top 5 Industries
1. Management of companies and enterprises (61.2 percent gain)
2. Motion picture and video industries (60.0 percent gain)
3. Support activities for rail transportation (45.7 percent gain)
4. Machinery and equipment rental and leasing (40.8 percent gain)
5. Individual and family services (40.1 percent gain)

Employment for all industries has increased by 0.1 percent since the 2nd Quarter of 2005. This is less than percent in New Mexico, which experienced a gain of 4.5 percent from the 2nd Quarter of 2005. The gains in the area were less than than the gain felt at the national level of 2.0 percent.

Union County One-Year Percentage Decline in Employment

The Limited-service eating places industry has lost the biggest percent of jobs, losing 8.8 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 it saw a gain of 6 percent. The losses in the Limited-service eating places industry in Union County outpaced the United States industry losses overall. During this period, the United States gained 2.4 in percent of jobs in the Limited-service eating places industry.

Top 4 Industries
1. Limited-service eating places (8.8 percent decline)
2. Cattle ranching and farming (4.2 percent decline)
3. Building equipment contractors (3.9 percent decline)
4. Depository credit intermediation (3.4 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.

Income and Poverty in Union County, New Mexico

When analyzed against other counties (and parishes) in the US, Union County had a relatively low median income for households of $32,854 (Adjusted to 2005 Dollars). This is 21.6 percent lower than the median in New Mexico of $39,936 and this is 49.5 percent lower than the median for the rest of the nation, which is a reported $49,133.

When put side-by-side with other counties (or parishes) throughout the United States, Union County, New Mexico can be recognized as having a relatively high poverty rate amongst the population, with a poverty rate of 18.1 percent of the individuals existing in families with incomes under the poverty level in 1999. The American Indian and Alaska Native race/ethnicity demographic group, represents the largest rate of poverty with 60.9 percent of the 2000 population living in poverty. People that are of the age 5 years are experiencing most percent people in poverty in Union County, reporting 47.4 percent of this age group in the area living in poverty.

In Union County, New Mexico White householders had a median income (2005 Dollars) of $34,875 as reported in 2000 by the census, which was 6.2 percent greater than the median household income in 2000. The Asian householders in the area have reported their median household incomes at $10,238. This household income level is 68.8 percent less than the reported median household income for all households in the area. Hispanic headed households in Union County, New Mexico reported a median household income of $24,414, this median is 25.7 percent less than reported value of the areas total household median income for all households. The American Indian and Alaska Native households in Union County had a median household income level of $27,788, this median was 15.4 percent less than the median for all households.







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

Higher Education in Union County, New Mexico

In Union County, New Mexico as reported in the Census of the year 2000, 14.4 percent of the White Alone, . percent of Black or African American, 100 percent of the Asian alone and 2.2 percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

Union County, New Mexico has a moderately-educated 2000 population, with 13 percent of the population (+25) having received at least a Bachelors Degree, as reported in the Decennial Census of 2000. Union was reported to have 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 average across the nation of 24.4 percent.

Reported by the 2000 Census in Union County, New Mexico, the largest educational attainment category for men is the High School Diploma category, with 42.6 percent achieving this level. The female population in Union have on average achieved a lower level of higher education (Bachelors or Higher) than men -- 13.2 percent (Men) versus 12.8 percent (Women). The largest educational attainment category for women in this areas is High School Diploma category, with 45.2 percent of women in the area reaching this education level.





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

Demographic Profile for Union County, New Mexico

Union County, New Mexico had a population of 3,850 in 2005. The total population has decreased sharply, from the population in the year 2000 of 4,165. The decline denotes a decrease of -7.6 percent. Union ranks 25 of 33 counties when calculating total change in population for New Mexico and the county ranks 2,537 of 3,141 counties in terms of population growth in the United States.

Union County, New Mexico has a population that is made up of 62.9 percent White, 0 percent African American, 0.5 percent Asian, and 36.2 percent Hispanic. The area population base can be described as having a high level of racial and ethnic diversity, with 36.7 percent minorities. This is less than the State of New Mexico percent of 46.4. Since 2000, Union has increased the percent of minority makeup when 36.2 percent of the population was made up of minorities.

When calculating the total land area, Union encompasses a total area of 3830 square miles. The county has a very low population density of 1 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- White Pine, NV (1 per sq. mile ), Jeff Davis, TX (1 per sq. mile ), Cherry, NE (1 per sq. mile ), -- less densely populated -- Wayne, UT (1 per sq. mile ), Golden Valley, MT (1 per sq. mile ), Banner, NE (1 per sq. mile ).

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

The population division of the Census Bureau estimates in 2005 a median age in Union County, New Mexico to be 44.0 years old. The median age in Union is greater than the median age in New Mexico of 36.2. Since 2000, the area has experienced an increase in this median, when at that time it was 39.8 years of age. With a total of 22.9 percent of the 2005 population being made up of children and youth younger than 18, Union can be understood as being made up of a medium-low percent of individuals under 18. The working age population group (18-64) has a medium-low representation within the population, making up 58.1 percent of the population falling in this age category. The retirement (65 and over) group makes up 18.9 percent of the population. When compared to other counties in the United States, this represents a medium-high proportion of the population.

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

Housing Report for Union County, New Mexico

In Union County, the real estate market was made up of 2,403 homes in the year 2005. This county has gone through a growth in housing units, adding a sum of 133 residential structures since 2001, a change of 5.9 percent.

The State of New Mexico, Union County stands 7 of 33 by percentage growth in residential real estate. The county is positioned 702 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

Union County had an owner-occupied dwelling median in 2000 of $49,800, reported by the Decennial Census. This home value is less than the overall New Mexico 2000 home value of $108,100 and less than median home value of $119,600 for the United States in the same year.

It can be understood that there is a abundant amount of real estate that is affordable in Union County, New Mexico. In 2000, 95.1 percent of residential real estate was valued under $125,000.





Data Source: U.S. Census Bureau

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

The Wholesale trade sector has decreased the most in local industry presence in Union County since the year 2001. The industry went from accounting for 6 percent of total jobs in the year 2001 to 0 percent of employment in 2005.

In Union County, Accommodation and food services, Retail Trade, and the Finance and insurance industries are the largest employment industries. The Accommodation and food services produces the largest number of jobs in the area accounting for 19 percent of total employment in the county, making up 184 people employed. The Retail Trade and Finance and insurance sectors account for 11.2 and 10.7 percent of total employment, respectively.

Finance and insurance has the largest employers in Union County. The industry averages 17 jobs per establishment, which is greater than the industry's average in the United States of 13 and greater than the New Mexico average establishment size of 9 for the Finance and insurance industry.

In Union County, Finance and insurance, Accommodation and food services and Information are the three industries with the highest location quotients. The Finance and insurance industry has a US LQ in the county of 2.01. In other words, the percent of total jobs in the Finance and insurance sector is 2.01 times greater than the US average, showing signs that Union County may specialize, or be an exporter of Finance and insurance.

Information is the industry with the largest change in employment since the year 2001 in Union County, moving a total of 9.8 percent. This is less than the national employment change in the industry of -14.9 percent. The State of New Mexico faced a industry job change of -14.3 percent, in the last 5 years.







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