Monday, January 22, 2007

Chester County One-Year Industry Employment Change

Total One-Year Employment Decline in Chester County

Given the industries in the area, the Business support services industry faced the greatest employment loss with a total loss of 225 jobs during the period. The employment lost in the Business support services industry make up 6.3 percent of the employment lost during the period in Chester County, Pennsylvania.

Top 5 Industries
1. Business support services (225 jobs lost)
2. Household and institutional furniture mfg. (218 jobs lost)
3. Offices of other health practitioners (191 jobs lost)
4. Internet publishing and broadcasting (146 jobs lost)
5. Nursing care facilities (145 jobs lost)

Total One-Year Employment Growth in Chester County

Out of the 4-digit NAICS industries, the Employment services industry has brought the most jobs with a total of 396 new jobs created in the period. The job growth in the Employment services industry makes up 4.8 percent of the total number of new jobs in Chester County.

Top 5 Industries
1. Employment services (396 new jobs)
2. Management and technical consulting services (395 new jobs)
3. Pharmaceutical and medicine manufacturing (345 new jobs)
4. Scientific research and development services (294 new jobs)
5. Department stores (287 new jobs)

From the 193 industries with industry data reported by the BLS in each quarter, 76 showed an escalation in the number employed, while 116 industry sectors reported declines during the time period.

In Chester County, Pennsylvania, the entire sum of jobs in all industries overall has increased by 4,065 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Chester County One-Year Percentage Growth in Employment

The Other residential care facilities industry has witnessed the largest percentage of employment expansion, increasing by 147.3 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Chester County has added employment faster than the growth seen in the industry for Pennsylvania, where this industry saw a gain of 3.9 percent. The Other residential care facilities industry in Chester County outpaced the nation in terms of industry employment growth . During this period, the nation lost 0.8 percent of the employment in this industry.

Top 5 Industries
1. Other residential care facilities (147.3 percent gain)
2. Paint, coating, and adhesive manufacturing (97.6 percent gain)
3. Paper and paper product merchant wholesalers (42.7 percent gain)
4. ISPs and web search portals (39.8 percent gain)
5. Investigation and security services (39.3 percent gain)

The total number of jobs has increased by 1.9 percent since the 2nd Quarter figures of 2005. This change is greater than percent in the State of Pennsylvania, experiencing a gain of 1.1 percent since the 2nd Quarter of 2005. The gains were less than than the gain seen for the United States of 2.0 percent.

Chester County One-Year Percentage Decline in Employment

The Internet publishing and broadcasting industry has lost the largest amount of employment in terms of percentage, losing 82.6 percent of the jobs from 2005 to 2006. These have declined faster than the industry sector has felt in the State of Pennsylvania, where the industry felt a loss of 23.7 percent. The losses in the Internet publishing and broadcasting industry in Chester County outpaced the US in terms of percent of decline of industry employment. The US gained 9 percent in terms of employees in the Internet publishing and broadcasting industry.

Top 5 Industries
1. Internet publishing and broadcasting (82.6 percent decline)
2. Fruit and vegetable preserving and specialty (50.6 percent decline)
3. Insurance and employee benefit funds (36.3 percent decline)
4. Forging and stamping (36.1 percent decline)
5. Other chemical product and preparation mfg. (33.8 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 Chester County, Pennsylvania

When compared to other counties (or parishes) across the United States, Chester County, Pennsylvania may be understood as having a very low poverty rate amongst the population, with a poverty rate of 5.2 percent of people living in a family with an income below the poverty level in 1999. The Hispanic race/ethnicity population category, holds the highest rate of poverty with 17.1 percent of the 2000 population living in poverty. People that are of the age 75 years and over are experiencing most percent people in poverty in Chester County, accounting 6.1 percent of this age group in the area living in poverty.

The areas median household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $72,690, which amounts to a 4.8 percent decline. Chester County, Pennsylvania, in terms of percent of decline, ranks 18 of 33 counties in percent of decline for the household income level in the State of Pennsylvania. Chester County ranks 474 of 668 counties (or parishes) when analyzing the decline in median income in the US.

While the median household income saw a decline from 2000 to 2005 in Chester County, Pennsylvania, the Race/Ethnicity group that went through the most dramatic decline in household income was the Hispanic Race/Ethnicity category. This category went through a decline of 20.8 percent in the last five years. The American Indian and Alaska Native Race/Ethnicity group has been least impacted by the median income decline in Chester County, experiencing a 23.6 percent increase in household income level, since the year 2005.

In Chester County, Pennsylvania White householders had a median household income (in 2005 Dollars) of $79,120 according to the Decennial Census of 2000, which was 3.6 percent greater than the median household income in 2000. The Asian householders in the area have reported their median household incomes at $88,424. This household income level is 15.7 percent greater 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 42.3 percent less than the all population median published in the 2000 Census, with a median of $44,070. The American Indian and Alaska Native headed households in Chester County had a median income of $43,645, this level was 42.9 percent less than the areas median level for all households. Hispanic Householders in Chester County, Pennsylvania , as reported in 2000, had a median household income of $52,262, which is 31.6 percent less than the reported median household income for all households in the area.

Compared to counties across the United States, Chester County was reported to have a very high household income of $76,395 (2005 Dollars). This median is 38.6 percent higher than the median income in State of Pennsylvania of $46,924 and this is 35.7 percent higher than the median in the US, which is $49,133.

The rate of poverty in Chester County, Pennsylvania has increased by 0.7 percent since the 2000 rates, moving from 5.2 percent to 5.9 percent.

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

 

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