In Schenectady County, jobs in the securities and commodity contracts brokerage pay the highest wages

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Jobs in the securities and commodity contracts brokerage industry wages were the highest in Schenectady County for the 2nd quarter of 2006. The average worker in the industry in Schenectady County received an annual wage of $91,440 in 2nd quarter of 2006. The wage rate is less than the industry wage rate in New York of $201,248 and less than then the pay for jobs in this industry in the United States of $138,150.

High-wage employment in Schenectady County, New York are present in office administrative services ($86,386), advertising and related services ($85,008), chemical merchant wholesalers ($80,937) and hardware and plumbing merchant wholesalers ($80,699) industries. Note: Click the above Graphic for Detail Comparison

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.

Schenectady County Wages have increased by 14.3% Since 2001

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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in Schenectady County, New York by a total of 14.3%. This is less than the growth in industry wages for the State of New York and less than the growth in average wages for the US.

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.

Schenectady County Industry Wages Lag Behind New York, but Wages Exceed the United States

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Wages in all industries in Schenectady County, New York can be understood as being relatively high when analyzed with other Counties in the state. The overall wages are 16.1 percent lower than the state, which was reported to be $50,107. The overall industry wage was greater 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.

Schenectady County Five-Year Industry Employment Change

Of the 106 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 54 showed an escalation in the number employed, while 51 industries reported employment loss in the period.

Total Five-Year Employment Decline in Schenectady County

Given the industries in the area, the Community care facilities for the elderly industry witnessed the largest drop in employment, losing a total of 454 jobs during the period. The employment lost in the Community care facilities for the elderly industry make up 16.2 percent of the total employment decline in Schenectady County, New York.

Top 5 Industries
1. Community care facilities for the elderly (454 jobs lost)
2. Building equipment contractors (324 jobs lost)
3. Architectural and engineering services (149 jobs lost)
4. Paper and paper product merchant wholesalers (143 jobs lost)
5. Nonresidential building construction (139 jobs lost)

Total Five-Year Employment Growth in Schenectady County

The Other general merchandise stores industry has grown the most with 500 total jobs brought in during the period. The growth in the Other general merchandise stores industry makes up 16.2 percent of the total number of new jobs in Schenectady County.

Top 5 Industries
1. Other general merchandise stores (500 new jobs)
2. Full-service restaurants (375 new jobs)
3. Building material and supplies dealers (260 new jobs)
4. Individual and family services (184 new jobs)
5. Unclassified (169 new jobs)

In Schenectady County, New York, the total number of workers for all sectors has increased by 1,084 total jobs from 2001 to 2006.

Total employment has increased by 2.1 percent since the 2nd Quarter figures of 2001. This change is less than percent in New York, experiencing a loss of -1.0 percent from the 2nd Quarter of 2001. The gains were less than than the gain seen for the United States of 2.6 percent.

Schenectady County Five-Year Percentage Decline in Employment

The Other support services industry has seen the largest percentage drop in employment, losing 78.8 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has seen in the New York, where the it saw a loss of 11.7 percent. The losses in the Other support services industry in Schenectady County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 4.5 percent in terms of employment in the Other support services industry.

Top 5 Industries
1. Other support services (78.8 percent decline)
2. Chemical merchant wholesalers (66.7 percent decline)
3. Community care facilities for the elderly (57.9 percent decline)
4. Other motor vehicle dealers (55.4 percent decline)
5. Hardware and plumbing merchant wholesalers (54.9 percent decline)

Schenectady County Five-Year Percentage Growth in Employment

The Other general merchandise stores industry has gone through the largest job growth by percent, increasing by 317.8 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Schenectady County has expanded faster than the overall industry growth seen in the State of New York, where the industry felt a gain of 28.8 percent. The Other general merchandise stores industry in Schenectady County outpaced the United States, which experienced a gained 31.2 percent of the employment in this industry.

Top 5 Industries
1. Other general merchandise stores (317.8 percent gain)
2. Unclassified (280.1 percent gain)
3. Support activities for road transportation (127.5 percent gain)
4. Management and technical consulting services (113.0 percent gain)
5. Waste collection (99.4 percent gain)





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.

Schenectady County One-Year Industry Employment Change

Schenectady County One-Year Percentage Growth in Employment

The Securities and commodity contracts brokerage industry has witnessed the largest percentage of employment expansion, increasing by 80.4 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Schenectady County has grow faster than the industry job growth experienced in New York, where the industry took a gain of 4.2 percent. The Securities and commodity contracts brokerage industry in Schenectady County outpaced the national average, which felt a gained 1.3 percent of the employment in this industry.

Top 5 Industries
1. Securities and commodity contracts brokerage (80.4 percent gain)
2. Commercial machinery repair and maintenance (72.0 percent gain)
3. Remediation and other waste services (67.0 percent gain)
4. General freight trucking (50.3 percent gain)
5. Bakeries and tortilla manufacturing (27.7 percent gain)

Schenectady County One-Year Percentage Decline in Employment

The Private households industry has lost the biggest percent of jobs, losing 41.4 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the New York, where the industry felt a loss of 0.6 percent. The losses in the Private households industry in Schenectady County outpaced the US in terms of percent of decline of industry employment. The US gained 1.9 in percent of workers in the Private households industry.

Top 5 Industries
1. Private households (41.4 percent decline)
2. Investigation and security services (41.1 percent decline)
3. Other support services (40 percent decline)
4. Other chemical product and preparation mfg. (30.8 percent decline)
5. Motor vehicle and parts merchant wholesalers (24.9 percent decline)

Total industry employment has decreased by 1 percent since the 2nd Quarter of 2005. This is greater than percent in the State of New York, which saw a gain of 1.0 percent since the 2nd Quarter of 2005. The losses the area experienced were greater than than the gain seen for the United States of 2.0 percent.

Out of the 112 industries with industry data reported by the BLS in each quarter, 58 accounted an for increase in employment during the period and 54 industries reported employment loss in the period.

Total One-Year Employment Decline in Schenectady County

Of the area's industries (4-digit NAICS), the Building equipment contractors industry faced the greatest employment loss with a total loss of 61 jobs. The declines in the Building equipment contractors industry make up 6.3 percent of the total employment decline in Schenectady County, New York.

Top 5 Industries
1. Building equipment contractors (61 jobs lost)
2. Building foundation and exterior contractors (58 jobs lost)
3. Offices of physicians (56 jobs lost)
4. Building finishing contractors (52 jobs lost)
5. Gasoline stations (50 jobs lost)

In Schenectady County, New York, the total number of jobs throughout all industries has decreased by 538 total jobs from 2005 to 2006.

Total One-Year Employment Growth in Schenectady County

From the industries (4-digit NAICS) in the area, the Full-service restaurants industry has added the most employment with 108 jobs added during the time period. These new jobs in the Full-service restaurants industry makes up 11.3 percent of the total growth in Schenectady County.

Top 5 Industries
1. Full-service restaurants (108 new jobs)
2. Limited-service eating places (64 new jobs)
3. General freight trucking (55 new jobs)
4. Nursing care facilities (52 new jobs)
5. Remediation and other waste services (48 new jobs)





About: This report is part 1 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.

Income and Poverty in Schenectady County, New York

When compared to other counties (and parishes) throughout the United States, Schenectady County was reported to have a relatively high median income for all households of $48,835 (2005 Dollars). The income level is 4 percent lower than the median in State of New York of $50,770 and the income level is 0.6 percent lower than the median household income in the United States of $49,133.

The median household income has declined from the 2000 values (inflation adjusted). The median income has decreased to $45,212, which amounts to a 7.4 percent decline. Schenectady County, New York, when analyzing percentage of decline, ranks 8 of 29 counties in percent of decline for the household income level in the State of New York. Schenectady County ranks 350 of 668 counties (or parishes) when analyzing the decline in median household income in the United States.

Contrasted against to other counties (or parishes) throughout the US, Schenectady County, New York may be understood as having a medium-low rate of poverty among the people, accounting a rate of 10.9 percent with a family income under the 1999 poverty level. The American Indian and Alaska Native race/ethnicity population cohort, has the uppermost poverty rate with 43.7 percent of the people in 2000 living in poverty. The population that is aged 5 years are experiencing most percent people in poverty in Schenectady County, having 20.7 percent of the population in this age category living in poverty.

The rate of poverty in Schenectady County, New York has increased by 1.0 percent from the rates reported in the Decennial Census, moving from 10.9 percent to 11.9 percent.

As the median household income witnessed a decline in the last five year in Schenectady County, New York, the Race/Ethnicity group that experienced the largest decline in median income was the Hispanic category. This group felt a decline of 13.7 percent since 2000. The Black or African American population group was least impacted by the household income decline in Schenectady County, seeing a 10.6 percent increase in household income level, since the year 2005.

Hispanic Householders in Schenectady County, New York , as reported in 2000, had a median household income of $27,234, this income level is 44.2 percent less than the areas median income level for all households. The households that were headed by an American Indian and Alaska Native individual in Schenectady County had a median household income level of $24,497, this level was 49.8 percent less than the median income level in this area. Black or African American householders reported a median household income that was 43.5 percent less than the all population median published in the 2000 Census, with a median of $27,575. In Schenectady County, New York White headed households reported a median household income (2005 Dollars) of $50,991 according to the 2000 Dencennial Census, which was 4.4 percent greater than the median household income in 2000. The Asian householders in the area have reported their median household incomes at $61,488. This household income level is 25.9 percent greater than the reported median household income, in the area, for all households.

Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.

Higher Education in Schenectady County, New York

Since 2000, Schenectady has increased in the percent of the population that is over the age of 25 with a BA or Higher. This population cohort has grown by 1.6 percent to a total of 28 percent in 2005, according to the American Community Survey. The 2005 proportion of highly educated population is less than the State of New York percent of 31.2 and greater than the US percent of 27.2.

In 2000, the Census reported that in Schenectady County, New York, many men in the area have reached the Bachelors Degree or Higher category, with 29.2 percent reaching this education level. The female population in Schenectady have on average achieved a lower level of higher education (Bachelors Degree or Higher) than the male population-- 29.2 percent (Men) versus 23.8 percent (Women). A high proportion of the female population in the area has reached the High School Diploma category, with 33 percent of women in the area reaching this education level.

From 2000 to 2005, the percent of male population that is highly educated has increased by 2.8 percent. By the year 2005, 31.8 percent of area's male population (+25) achieved a BA or Higher. During the same period, the percent of women (+25) that have earned a BA or higher has increased by a total of 0.8 percent. By 2005, a total of 24.6 percent of the women in the population had received a Bachelors Degree or Higher.

Schenectady County, New York may to understood as having a highly-educated working age population, with 26.4 percent of the over 25 years old population having a Bachelors Degree or Higher, according to the 2000 Decennial Census. Schenectady counted a lower percent of individuals with higher educations than the State of New York's proportion of 27.4 percent and a higher percent than the US proportion of 24.4 percent.

In Schenectady County, New York according to the Decennial Census of 2000, 26.6 percent of the White Alone, 12.8 percent of Black or African American, 62.2 percent of the Asian alone and 13.2 percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.

Demographic Profile for Schenectady County, New York

When calculating the total land area, Schenectady spans a total of 206 square miles. This area has a high average area density of 723 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Lafayette, LA (732 per sq. mile ), Vanderburgh, IN (738 per sq. mile ), Plymouth, MA (745 per sq. mile ), -- less densely populated -- El Paso, TX (712 per sq. mile ), Polk, IA (704 per sq. mile ), San Diego, CA (698 per sq. mile ).

In 2005, the Census Bureau estimated the median age in Schenectady County, New York to be 39.5 years old. The median age in Schenectady is greater than the median in New York of 37.5. Since the year 2000, the area has witnessed an increase in this median, when at that time it was 38.6 years old. With 23.3 percent of the population in 2005 being comprised of children and youth younger than 18, Schenectady can be described as being made up of a medium-high percent of people under 18. The 18 to 64 years old population group has a medium-low presence of the 2005 population base, with 61.3 percent of the population makes up this age category. The retirement (65 and over) age group comprises 15.4 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-high percent of the population base.

Since 2000, a medium-high amount of people migrated to Schenectady from outside the country. The immigration into Schenectady accounts for 0.2 percent of the total migration into the State of New York. This level of international migration can be considered medium-high when analyzed against the base population in the year 2005 and compared to other counties across the US.

Schenectady County, New York has a population that is made of 83 percent White, 7.9 percent African American, 3.3 percent Asian, and 3.9 percent Hispanic. The population mix can be considered to have a high level of racial and ethnic diversity, with 15.1 percent minorities. This is less than the State of New York percent of 37.7. Since 2000, Schenectady has increased the level of diversity when 11.8 percent of the total population were minorities.

Schenectady County, New York had a population that was estimated at 149,078 in 2005. The total population has increased, since the 2000 total population of 146,455. This growth shows an increase of 1.8 percent. Schenectady ranks 19 of 62 counties in terms of population growth in New York and the county ranks 711 of 3,141 counties when calculating the total change in county population across the US.

Datasource: Population Estimates Program, U.S. Bureau of the Census.

Housing Report for Schenectady County, New York

The residential real estate values in Schenectady County, New York have seen large increases since the Census values accounted for in the year 2000. The values have increased by $34,400, or 36.4 percent, since 2000 when they were valued at $94,500.

In Schenectady County, there were a total of 65,796 housing units in the year 2005. This represents a growth in housing units, adding all together 665 homes since 2001, or 1 percent.

There is a fair amount of affordable housing in Schenectady County, New York. In 2005, 47.9 percent of residential real estate was valued under $125,000.

The State of New York, Schenectady County is positioned 44 of 62 by percentage growth in residential real estate. The county is positioned 2,620 of 3,141, comparing the percentage change in residential in other US counties.

Schenectady County had a median home value in the year 2005 of $128,900, reported by the American Community Survey. This home value is less than the New York 2005 home median value of $258,900 and less than median home value of $167,500 across the United States during the same year.

Schenectady County can be understood as having a small, but present percentage of high-priced residential real estate. In 2005, the American Community Survey reported that 0.4 percent residential property is valued over $500k.

Data Source: U.S. Census Bureau

Employment Report for Schenectady County, New York -- Annual 2005 Industry Summary

In Schenectady County, Educational services, Management of companies and enterprises and Professional and technical services industries, in terms of United States location quotient, are the most dominant in the region. The Educational services sector in the county has a location quotient of 1.94. The level of employment in the Educational services sector is 1.94 times greater than the national average, signifying that Schenectady County may specialize, or be an exporter of Educational services.

In Schenectady County, Health care and social assistance, Retail Trade, and the Professional and technical services industries are the largest employment industries. The Health care and social assistance produces the largest number of jobs in the area accounting for 20.8 percent of the total county employment. This totals 11,203 jobs. The Retail Trade and Professional and technical services industries make up 15.3 and 11.3 percent of the total jobs, respectively.

Manufacturing between the years 2001 and 2005, saw the greatest loss in employment in Schenectady County. The industry lost a total of 861 jobs during the period, or 12.7 percent of the employment in the industry. This made up a total of 53.5 percent of all employment losses in the county.

Educational services from 2001-2005 had the highest increase in employment in Schenectady County, growing in new jobs by 33.8 percent. This is greater than the national employment change in the industry of 13.8 percent. The State of New York experienced a sector employment shift of 10.9 percent, since the year 2001.

Management of companies and enterprises has a largest number of employee per establishment in Schenectady County. In the County, the industry averages 71 jobs per place of business. This is greater than the industry's average in the United States of 40 and greater than the State of New York average of 42 for the Management of companies and enterprises industry.







Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).