Glens Falls Metro Area Industry Wages Lag Behind New York, and Wages Lag Behind the United States Industry Wages

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The average total wages in all industries in Glens Falls, NY can be described as medium-low when analyzed with other 2nd quarter of 2006 Metro Area wages throughout the US. The average pay is 38.6 percent lower than the state, which was reported to be $50,107. The average industry wage was less than the industry average in the US 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.

Glens Falls Five-Year Industry Employment Change

The Glens Falls Metro Area: Five-Year Percentage Growth in Employment

The Unclassified industry has gone through the largest job growth by percent, increasing by 436.3 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Glens Falls has grow faster than the growth seen in the industry for New York, where the industry took a gain of 208.5 percent. The Unclassified industry in Glens Falls outpaced the national average, which felt a gained 1.7 percent of the employment in this industry.

Top 5 Industries
1. Unclassified (436.3 percent gain)
2. Religious organizations (312.7 percent gain)
3. Building finishing contractors (78.0 percent gain)
4. Residential mental health facilities (69.9 percent gain)
5. Other motor vehicle dealers (59.5 percent gain)

The Glens Falls Metro Area: Five-Year Percentage Decline in Employment

The Private households industry has lost the largest amount of employment in terms of percentage, losing 57.7 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has gone through in the New York, where the it saw a loss of 8.5 percent. The losses in the Private households industry in Glens Falls outpaced the US in terms of percent of decline of industry employment. The US gained 19.8 percent in terms of employment in the Private households industry.

Top 5 Industries
1. Private households (57.7 percent decline)
2. Beer, wine, and liquor stores (53.4 percent decline)
3. Management and technical consulting services (52.1 percent decline)
4. Specialty food stores (42.6 percent decline)
5. Specialized freight trucking (24.5 percent decline)

Total industry employment has increased by 6.6 percent from 2001 (2nd Quarter). These figures are less than percent in the State of New York, experiencing a loss of 1 percent from the 2nd Quarter of 2001. The gains in the area were greater than than the gain experienced overall in the US of 2.6 percent.

In the Glens Falls, NY metro area, the total number of jobs throughout all industries has increased by 2,664 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Decline in the Glens Falls Metro Area

Of the area's industries (4-digit NAICS), the Private households industry experienced most substantial job loss, losing 107 jobs during the time period. The jobs lost in the Private households industry make up 19.7 percent of the total employment decline in Glens Falls, NY.

Top 5 Industries
1. Private households (107 jobs lost)
2. Beer, wine, and liquor stores (88 jobs lost)
3. Machine shops and threaded product mfg. (63 jobs lost)
4. Specialty food stores (61 jobs lost)
5. Automotive repair and maintenance (31 jobs lost)

Total Five-Year Employment Growth in the Glens Falls Metro Area

From the industries (4-digit NAICS) in the area, the Religious organizations industry has grown the most with 510 employees finding new jobs in the industry. The employment growth in the Religious organizations industry makes up 19.0 percent of the growth in Glens Falls.

Top 5 Industries
1. Religious organizations (510 new jobs)
2. Offices of physicians (296 new jobs)
3. Residential mental health facilities (224 new jobs)
4. Building material and supplies dealers (201 new jobs)
5. Unclassified (180 new jobs)

Given the 51 4-digit NAICS industries, 17 accounted an for increase in employment during the period and 34 industries reported employment loss in the period.