Tuesday, February 27, 2007

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


(Click Image to Enlarge Graph)



The average total wages in all industries in Ithaca, NY can be described as relatively high when compared to other Metro Areas throughout the US in the 2nd quarter of 2006. The industry wages are 24.5 percent lower than the state, which accounted an average of $50,107. The industry 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.

Sunday, February 11, 2007

Ithaca Five-Year Industry Employment Change

Total Five-Year Employment Growth in the Ithaca Metro Area

Out of the 4-digit NAICS industries, the Department stores industry has accounted the most employment growth with a total of 193 jobs added during the time period. These new jobs in the Department stores industry makes up 7.5 percent of the total growth in Ithaca.

Top 5 Industries
1. Department stores (193 new jobs)
2. Building material and supplies dealers (184 new jobs)
3. Special food services (159 new jobs)
4. Unclassified (145 new jobs)
5. Other professional and technical services (124 new jobs)

In the Ithaca, NY metro area, the total number of jobs throughout all industries has increased by 2,281 total jobs from 2001 to 2006.

Total Five-Year Employment Decline in the Ithaca Metro Area

From of the area's 4-digit NAICS industries, the Automotive repair and maintenance industry experienced most substantial job loss, losing 158 jobs during the time period. The jobs lost in the Automotive repair and maintenance industry make up 9.9 percent of the jobs lost during the period in Ithaca, NY.

Top 5 Industries
1. Automotive repair and maintenance (158 jobs lost)
2. Architectural and engineering services (140 jobs lost)
3. Vocational rehabilitation services (115 jobs lost)
4. Grocery stores (87 jobs lost)
5. Aerospace product and parts manufacturing (83 jobs lost)

Given the 108 4-digit NAICS industries, 49 accounted an for increase in employment during the period and 58 industry sectors reported declines during the time period.

The Ithaca Metro Area: Five-Year Percentage Growth in Employment

The Unclassified industry has seen the largest percentage job growth, expanding by 923.4 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Ithaca has added employment faster than the growth seen in the industry for New York, where it saw a gain of 208.5 percent. The Unclassified industry in Ithaca outpaced the US in terms of percent growth of industry employment. During this period, the US gained 1.7 percent of the industry employment.

Top 5 Industries
1. Unclassified (923.4 percent gain)
2. Special food services (492.8 percent gain)
3. Lumber and const. supply merchant wholesalers (122.6 percent gain)
4. Grocery and Related Product Wholesalers (122.4 percent gain)
5. Medical equipment and supplies manufacturing (114.6 percent gain)

Total industry employment has increased by 5.5 percent since the 2nd Quarter of 2001. This is less than growth in the State of New York, which went through a loss of 1 percent since the 2nd Quarter of 2001. The gains felt were greater than than the gain felt at the national level of 2.6 percent.

The Ithaca Metro Area: Five-Year Percentage Decline in Employment

The Advertising and related services industry has lost the biggest percent of jobs, losing 78.2 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 has seen in the New York, where the it saw a loss of 9.7 percent. The losses in the Advertising and related services industry in Ithaca outpaced the US in terms of percent of decline of industry employment. The US lost 6.4 in percent of jobs in the Advertising and related services industry.

Top 5 Industries
1. Advertising and related services (78.2 percent decline)
2. Household goods repair and maintenance (70.8 percent decline)
3. Specialized design services (54.4 percent decline)
4. Travel arrangement and reservation services (48.1 percent decline)
5. Drinking places, alcoholic beverages (46.5 percent decline)

 

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