Tuesday, February 27, 2007

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


(Click Image to Enlarge Graph)



The overall industry wages in Kingston, NY when analyzed can be understood as being medium-low when compared to other Metro Areas throughout the US in the 2nd quarter of 2006. The industry wages are 39.2 percent lower than the state, which was reported to be $50,107. 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.

Sunday, February 11, 2007

Kingston Five-Year Industry Employment Change

Total Five-Year Employment Decline in the Kingston Metro Area

From of the area's 4-digit NAICS industries, the Department stores industry faced the greatest employment loss with a total loss of 480 jobs during the time period. The jobs lost in the Department stores industry make up 15.2 percent of the total job loss in Kingston, NY.

Top 5 Industries
1. Department stores (480 jobs lost)
2. Printing and related support activities (282 jobs lost)
3. Other miscellaneous manufacturing (228 jobs lost)
4. Grocery stores (140 jobs lost)
5. Insurance carriers (122 jobs lost)

In the Kingston, NY metro area, the total number of jobs throughout all industries has increased by 39 jobs from mid-2001 to mid-2006.

Given the 133 4-digit NAICS industries, 63 accounted an for increase in employment during the period and 69 industry sectors reported declines during the time period.

Total Five-Year Employment Growth in the Kingston Metro Area

From the industries (4-digit NAICS) in the area, the Full-service restaurants industry has grown the most with 440 new jobs created in the period. The job growth in the Full-service restaurants industry makes up 11.0 percent of the total number of new jobs in Kingston.

Top 5 Industries
1. Full-service restaurants (440 new jobs)
2. Unclassified (359 new jobs)
3. Residential building construction (205 new jobs)
4. Sporting goods and musical instrument stores (185 new jobs)
5. Other animal production (150 new jobs)

The total number of jobs has increased by 0.1 percent from 2001 (2nd Quarter). These figures are less than percent in New York, which went through a loss of 1 percent from the 2nd Quarter of 2001. The gains were less than than the gain felt at the national level of 2.6 percent.

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

The Apparel and piece goods merchant wholesalers industry has lost the biggest percent of jobs, losing 69.6 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has felt in the State of New York, where the industry sector experienced a loss of 1.1 percent. The losses in the Apparel and piece goods merchant wholesalers industry in Kingston outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 2.9 percent in terms of employment in the Apparel and piece goods merchant wholesalers industry.

Top 5 Industries
1. Apparel and piece goods merchant wholesalers (69.6 percent decline)
2. Other food manufacturing (67.6 percent decline)
3. Other miscellaneous manufacturing (53.3 percent decline)
4. Advertising and related services (47.1 percent decline)
5. Department stores (45.7 percent decline)

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

The Unclassified industry has witnessed the largest percentage of employment expansion, increasing by 459.8 percent from 2001 to 2006. This industry in Kingston has added employment faster than the industry job growth experienced in New York, where the industry took a gain of 208.5 percent. The Unclassified industry in Kingston outpaced the United States, which experienced a gained 1.7 percent of the industry employment.

Top 5 Industries
1. Unclassified (459.8 percent gain)
2. Other animal production (355.1 percent gain)
3. Used merchandise stores (266.7 percent gain)
4. Activities related to real estate (206.0 percent gain)
5. Misc. durable goods merchant wholesalers (183.7 percent gain)

 

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