Wednesday, January 24, 2007

Utica-Rome One-Year Industry Employment Change

The Utica-Rome Metro Area: One-Year Percentage Decline in Employment

The Misc. durable goods merchant wholesalers industry has lost the biggest percent of jobs, losing 24.6 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has experienced in the State of New York, where the industry reported a gain of 0.2 percent. The losses in the Misc. durable goods merchant wholesalers industry in Utica-Rome outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 3.4 percent in terms of employment in the Misc. durable goods merchant wholesalers industry.

Top 5 Industries
1. Misc. durable goods merchant wholesalers (24.6 percent decline)
2. Private households (20.7 percent decline)
3. Specialty food stores (18.5 percent decline)
4. Metal and mineral merchant wholesalers (17.5 percent decline)
5. School and employee bus transportation (15 percent decline)

Total employment has decreased by 0.1 percent from the reported values in 2005. These values are greater than growth in New York, which saw a gain of 1 percent from the 2nd Quarter of 2005. The losses felt were greater than than the gain felt at the national level of 2 percent.

The Utica-Rome Metro Area: One-Year Percentage Growth in Employment

The Unclassified industry has experienced the largest percentage growth, expanding by 115.2 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Utica-Rome has added employment faster than the growth seen in the industry for New York, where the industry took a gain of 61 percent. The Unclassified industry in Utica-Rome outpaced the nation in terms of industry employment growth . During this period, the nation gained 12.1 percent of the employment in this industry.

Top 5 Industries
1. Unclassified (115.2 percent gain)
2. Promoters of performing arts and sports (55.8 percent gain)
3. Lawn and garden equipment and supplies stores (45.7 percent gain)
4. Management and technical consulting services (27.8 percent gain)
5. Industrial machinery manufacturing (23.0 percent gain)

Total One-Year Employment Growth in the Utica-Rome Metro Area

From the industries (4-digit NAICS) in the area, the Full-service restaurants industry has grown the most with 207 employees finding new jobs in the industry. The employment growth in the Full-service restaurants industry makes up 14.6 percent of the growth in Utica-Rome.

Top 5 Industries
1. Full-service restaurants (207 new jobs)
2. Unclassified (179 new jobs)
3. Health and personal care stores (122 new jobs)
4. Individual and family services (102 new jobs)
5. Computer systems design and related services (89 new jobs)

In the Utica-Rome, NY metro area, the total number of workers for all sectors has decreased by 64 total jobs from 2005 to 2006.

Total One-Year Employment Decline in the Utica-Rome Metro Area

Of the area's industries (4-digit NAICS), the Grocery stores industry has lost the most employment with a total loss of 179 jobs during the time period. The jobs lost in the Grocery stores industry make up 13.3 percent of the employment lost during the period in Utica-Rome, NY.

Top 5 Industries
1. Grocery stores (179 jobs lost)
2. Automobile dealers (115 jobs lost)
3. School and employee bus transportation (96 jobs lost)
4. Limited-service eating places (78 jobs lost)
5. Building equipment contractors (64 jobs lost)

Given the 78 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 39 showed an escalation in the number employed, while 39 industries reported employment loss in the period.





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.

Thursday, January 11, 2007

Income and Poverty in Utica-Rome, NY

The median household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $38,423, which represents a 6.9 percent decline. The Utica-Rome, NY MSA, in terms of percent of decline, ranks 5 of 6 metro area in percent of decline for household income in New York. Utica-Rome ranks 140 of 233 metro area when analyzing the decline in median household income in the United States.

The rate of poverty in the Utica-Rome, NY Metro has increased by 1.6 percent from the rates reported in the Decennial Census, moving from 12.9 percent to 14.5 percent.

Compared to other MSAs throughout the nation, the Utica-Rome metro area was reported to have a medium-low median income for all households of $41,292 (2005 Dollars). The income level is 23 percent lower than the median income in State of New York of $50,770 and the median household income is 19 percent lower than the median household income in the United States of $49,133.

As the median household income witnessed a decline during the period of 2000 to 2005 in the Utica-Rome, NY metro area, the Race/Ethnicity category that felt the biggest decline in the household income level was the Hispanic Race/Ethnicity category. This category went through a decline of 45 percent since the year 2000. The American Indian and Alaska Native Race/Ethnicity category has been least effected by the income level decline in Utica-Rome, experiencing a 302.4 percent increase in household income, since the reported levels in 2000.

Contrasted against to other Metropolitan Areas throughout the US, the Utica-Rome metro area may be understood as having a medium-high poverty rate amid the residents with a poverty rate of 12.9 percent of people living in a family with an income below the poverty level in 1999. The Hispanic race/ethnicity population cohort, has the uppermost poverty rate with 43.6 percent of the 2000 population living in poverty. People that are of the age Under 5 years are witness to the most percent living in poverty in Utica-Rome, with 23.7 percent of this demographic group living with incomes under poverty.

The American Indian and Alaska Native households in Utica-Rome had a median household income level of $32,724, this median was 20.7 percent less than the median level for total households in the area. In Utica-Rome, NY White householders had a median household income (in 2005 Dollars) of $42,169 as reported by the Decennial Census of 2000, which was 2.1 percent greater than the median in 2000. Hispanic households in Utica-Rome, NY , according to the 2000 census, had a median household income of $23,265, this median household income is 43.7 percent less than reported value of the areas total household median income for all households. Black or African American householders reported household income levels that were 45.5 percent less than the overall reported level in 2000, with a reported median of $22,491. The Asian householders in the area have reported their median household incomes at $40,127. This median is 2.8 percent less than the reported median for all households in the area.

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

 

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