Monday, January 22, 2007

Oklahoma County One-Year Industry Employment Change

Total One-Year Employment Growth in Oklahoma County

Of the industries (4-digit NAICS) in the area, the Support activities for mining industry has brought the most jobs with a total of 2,066 jobs added during the time period. These new jobs in the Support activities for mining industry makes up 14.6 percent of the total growth in Oklahoma County.

Top 5 Industries
1. Support activities for mining (2,066 new jobs)
2. Oil and gas extraction (536 new jobs)
3. Misc. nondurable goods merchant wholesalers (437 new jobs)
4. Commercial equip. merchant wholesalers (411 new jobs)
5. Other general purpose machinery manufacturing (409 new jobs)

Total One-Year Employment Decline in Oklahoma County

From of the area's 4-digit NAICS industries, the Motor vehicle parts manufacturing industry experienced most substantial job loss, losing 1,012 jobs during the time period. The jobs lost in the Motor vehicle parts manufacturing industry make up 15.5 percent of the total job loss in Oklahoma County, Oklahoma.

Top 5 Industries
1. Motor vehicle parts manufacturing (1,012 jobs lost)
2. Full-service restaurants (596 jobs lost)
3. Nursing care facilities (467 jobs lost)
4. Employment services (385 jobs lost)
5. Electric goods merchant wholesalers (380 jobs lost)

In Oklahoma County, Oklahoma, the aggregate employment for all industry sectors has increased by 8,371 jobs between mid-2005 and mid-2006.

From the 208 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 78 showed an escalation in the number employed, while 130 industry sectors reported declines during the time period.

Oklahoma County One-Year Percentage Growth in Employment

The Unclassified industry has witnessed the largest percentage of employment expansion, increasing by 187.4 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Oklahoma County has grow faster than the growth seen in the industry for Oklahoma, where the industry took a gain of 23.6 percent. The Unclassified industry in Oklahoma County outpaced the United States, which experienced a gained 12.1 percent.

Top 5 Industries
1. Unclassified (187.4 percent gain)
2. Support activities for crop production (108.3 percent gain)
3. Religious organizations (73.0 percent gain)
4. Support activities for mining (48.5 percent gain)
5. Spectator sports (42.4 percent gain)

Employment for all industries has increased by 2.5 percent from 2005 (2nd Quarter). These figures are less than growth in the State of Oklahoma, which experienced a gain of 3.0 percent from the 2nd Quarter of 2005. The gains the area experienced were greater than than the gain reported at the US level of 2.0 percent.

Oklahoma County One-Year Percentage Decline in Employment

The Office furniture and fixtures manufacturing industry has lost the biggest percent of jobs, losing 57.2 percent of the jobs from 2005 to 2006. These have declined faster than the industry has experienced in the State of Oklahoma, where the industry sector experienced a gain of 4.2 percent. The losses in the Office furniture and fixtures manufacturing industry in Oklahoma County outpaced the United States industry losses overall. During this period, the United States gained 0.7 in percent of jobs in the Office furniture and fixtures manufacturing industry.

Top 5 Industries
1. Office furniture and fixtures manufacturing (57.2 percent decline)
2. Travel arrangement and reservation services (48.8 percent decline)
3. Software publishers (46.6 percent decline)
4. Motor vehicle parts manufacturing (35.4 percent decline)
5. Sound recording industries (34.6 percent decline)





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.

Wednesday, January 10, 2007

Income and Poverty in Oklahoma County, Oklahoma

The median household income in the area has declined from the inflation-adjusted values in 2000. The income level has decreased to $37,270, representing a 9.2 percent decline. Oklahoma County, Oklahoma, when comparing total percent of decline, ranks 2 of 9 counties in percent of decline for income levels in the State of Oklahoma. Oklahoma County ranks 273 of 668 counties (or parishes) when analyzing the decline in median income level for the United States.

The poverty rate in Oklahoma County, Oklahoma has increased by 2.7 percent since the amounts published in 2000, moving from 15.3 percent to 18 percent.

Contrasted against to other counties (or parishes) throughout the US, Oklahoma County, Oklahoma can be understood to have a medium-high rate of poverty among the people, accounting a rate of 15.3 percent of people living in a family with an income below the poverty level in 1999. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 29 percent of the population in 2000 living in poverty. Individuals aged Under 5 years are experiencing most percent people in poverty in Oklahoma County, having 25.2 percent of this age cohort living in poverty.

While household income level experienced a decline during the period of 2000 to 2005 in Oklahoma County, Oklahoma, the Race/Ethnicity category that saw the sharpest decline in household income was the Asian Race/Ethnicity category. This category went through a decline of 10 percent since the year 2000. The American Indian and Alaska Native population category was least influenced by the median household income decline in Oklahoma County, undergoing a 2.5 percent increase in median income, since the values reported in the 2000 Decennial Census.

Compared to counties across the United States, Oklahoma County accounted a medium-high median income for households of $41,024 (2005 Dollars). The income level is 4.7 percent higher than the median in Oklahoma of $39,078 and the median is 19.8 percent lower than the median in the US, which is $49,133.

Hispanic headed households in Oklahoma County, Oklahoma , according to the 2000 census, had a median household income of $31,873, this median household income is 22.3 percent less than the reported median household income for all households in the area. The households that were headed by an American Indian and Alaska Native individual in Oklahoma County reported a median household income of $34,564, this median was 15.7 percent less than the median for all households. In Oklahoma County, Oklahoma White householders had a median household income (in 2005 Dollars) of $44,692 according to the 2000 Dencennial Census, which was 8.9 percent greater than the median household income in 2000. It was reported in 2000 that the Asian headed households had median household incomes of $35,471. This household income level is 13.5 percent less than the reported median household income, in the area, for all households. Black or African American headed households had a median household income that was 29.1 percent less than the overall median reported in 2000, with a reported median of $29,083.

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

 

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