Tuesday, February 27, 2007

Franklin County Industry Wages Lag Behind New York, and Wages Lag Behind the United States


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The overall industry wages in Franklin County, New York 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 47.7 percent lower than the state, which accounted an average of $50,107. The average pay 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.

Friday, February 23, 2007

Franklin County Five-Year Industry Employment Change

Franklin County Five-Year Percentage Decline in Employment

The Social advocacy organizations industry has lost the largest amount of employment in terms of percentage, losing 67.2 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 sector has gone through in the New York, where the it saw a gain of 5.4 percent. The losses in the Social advocacy organizations industry in Franklin County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 9.2 percent in terms of employment in the Social advocacy organizations industry.

Top 5 Industries
1. Social advocacy organizations (67.2 percent decline)
2. Printing and related support activities (44.7 percent decline)
3. Specialized freight trucking (32.5 percent decline)
4. Building finishing contractors (30.3 percent decline)
5. Private households (30.3 percent decline)

The total number of jobs has decreased by 3.6 percent from 2001 (2nd Quarter). These figures are greater than growth in the State of New York, experiencing a loss of -1.0 percent from 2001 (2nd Quarter). The losses the area experienced were greater than than the gain reported at the US level of 2.6 percent.

Franklin County Five-Year Percentage Growth in Employment

The Unclassified industry has seen the largest percentage job growth, expanding by 382.1 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Franklin County has increased employment faster than the industry has grown in the State of New York, where the industry took a gain of 208.5 percent. The Unclassified industry in Franklin County outpaced the nation in terms of industry employment growth . During this period, the nation gained 1.7 percent of the industry employment.

Top 5 Industries
1. Unclassified (382.1 percent gain)
2. Civic and social organizations (131.0 percent gain)
3. Services to buildings and dwellings (106.8 percent gain)
4. Consumer goods rental (101.0 percent gain)
5. Offices of physicians (69.9 percent gain)

Total Five-Year Employment Decline in Franklin County

From of the area's 4-digit NAICS industries, the Full-service restaurants industry witnessed the largest drop in employment, losing a total of 95 jobs during the period. The employment lost in the Full-service restaurants industry make up 24.9 percent of the employment lost during the period in Franklin County, New York.

Top 5 Industries
1. Full-service restaurants (95 jobs lost)
2. Social advocacy organizations (44 jobs lost)
3. Building finishing contractors (27 jobs lost)
4. Depository credit intermediation (26 jobs lost)
5. Traveler accommodation (23 jobs lost)

Total Five-Year Employment Growth in Franklin County

Out of the 4-digit NAICS industries, the Offices of physicians industry has accounted the most employment growth with a total of 163 employees finding new jobs in the industry. The employment growth in the Offices of physicians industry makes up 20.0 percent of the total growth in Franklin County.

Top 5 Industries
1. Offices of physicians (163 new jobs)
2. Grocery stores (93 new jobs)
3. Residential mental health facilities (81 new jobs)
4. Residential building construction (58 new jobs)
5. Individual and family services (43 new jobs)

Out of the 50 industries with industry data reported by the BLS in each quarter, 21 described an expansion of jobs throughout the time period, while 28 industries reported employment loss in the period.

In Franklin County, New York, the aggregate employment for all industry sectors has decreased by 379 jobs between mid-2001 and mid-2006.





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.

 

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