Tuesday, February 27, 2007

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


(Click Image to Enlarge Graph)



Wages in all industries in Madison County, New York when analyzed can be understood as being medium-low when analyzed with other Counties in the state. The overall wages are 41.1 percent lower than the with an state average of $50,107. The industry pay was less than the US average pay 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

Madison County Five-Year Industry Employment Change

In Madison County, New York, the total number of jobs throughout all industries has decreased by 682 jobs from mid-2001 to mid-2006.

From the 72 4-digit NAICS industries, 36 described an expansion of jobs throughout the time period, while 33 industry sectors reported declines during the time period.

Total Five-Year Employment Decline in Madison County

The Special food services industry witnessed the largest drop in employment, losing a total of 234 jobs in that time period. The declines in the Special food services industry make up 24.0 percent of the total employment decline in Madison County, New York.

Top 5 Industries
1. Special food services (234 jobs lost)
2. Plastics product manufacturing (100 jobs lost)
3. Services to buildings and dwellings (83 jobs lost)
4. Religious organizations (81 jobs lost)
5. General freight trucking (74 jobs lost)

Total Five-Year Employment Growth in Madison County

Of the industries (4-digit NAICS) in the area, the Individual and family services industry has accounted the most employment growth with a total of 238 employees finding new jobs in the industry. The employment growth in the Individual and family services industry makes up 20.7 percent of the growth in Madison County.

Top 5 Industries
1. Individual and family services (238 new jobs)
2. Limited-service eating places (126 new jobs)
3. Unclassified (91 new jobs)
4. Computer systems design and related services (82 new jobs)
5. Other specialty trade contractors (70 new jobs)

Madison County Five-Year Percentage Growth in Employment

The Unclassified industry has gone through the largest job growth by percent, increasing by 618.2 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Madison County has grow faster than the industry job growth experienced in New York, where it saw a gain of 208.5 percent. The Unclassified industry in Madison County outpaced the national average, which felt a gained 1.7 percent.

Top 5 Industries
1. Unclassified (618.2 percent gain)
2. Other personal services (287.5 percent gain)
3. Computer systems design and related services (250.0 percent gain)
4. Individual and family services (150.0 percent gain)
5. Other specialty trade contractors (119.2 percent gain)

Madison County Five-Year Percentage Decline in Employment

The Civic and social organizations industry has lost the biggest percent of jobs, losing 64.2 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has gone through in the New York, where the industry felt a loss of 3.9 percent. The losses in the Civic and social organizations industry in Madison County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 1.2 percent in terms of employment in the Civic and social organizations industry.

Top 5 Industries
1. Civic and social organizations (64.2 percent decline)
2. Clothing stores (58.1 percent decline)
3. General freight trucking (52.6 percent decline)
4. Beer, wine, and liquor stores (44.4 percent decline)
5. Electric goods merchant wholesalers (41.2 percent decline)

The total number of jobs has decreased by 3.8 percent from the reported values in 2001. These values are greater than percent in the State of New York, which saw a loss of -1.0 percent since 2001 ( 2nd Quarter). The losses the area experienced were greater than than the gain experienced overall in the US of 2.6 percent.





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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