Wednesday, March 21, 2007

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


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Individuals that are employed in the securities and commodity contracts brokerage industry paid the average highest wages in Mercer County for 2006. The average worker in the industry in Mercer County was paid an annual wage of $73,353 in 2nd quarter of 2006. The wage rate is less than the industry wage rate in Pennsylvania of $116,935 and less than then the pay for jobs in this industry in the United States of $138,150.

High-wage employment in Mercer County, Pennsylvania may be found in other personal services ($71,993), office administrative services ($65,581), management of companies and enterprises ($65,327) and wired telecommunications carriers ($61,043) industries. Note: Click Graph Above 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.

Friday, March 09, 2007

Mercer County Wages have increased by 19.4% Since 2001


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From 2001 to 2006, average industry wages increased in Mercer County, Pennsylvania by a total of 19.4%. This is greater than the growth in industry wages for Pennsylvania and greater 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.

Tuesday, February 27, 2007

Mercer County Industry Wages Lag Behind Pennsylvania, and Wages Lag Behind the United States


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Total wages in all industries in Mercer County, Pennsylvania when analyzed can be understood as being medium-high when compared to other 2nd quarter of 2006 County wages throughout the state. The average pay is 23.1 percent lower than the with an state average of $39,178. The average industry wage was less than the national industry average 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.

Monday, January 22, 2007

Mercer County One-Year Industry Employment Change

Total One-Year Employment Growth in Mercer County

The Other general merchandise stores industry has grown the most with 279 employees finding new jobs in the industry. The employment growth in the Other general merchandise stores industry makes up 11.2 percent of the total growth in Mercer County.

Top 5 Industries
1. Other general merchandise stores (279 new jobs)
2. Management of companies and enterprises (273 new jobs)
3. Individual and family services (255 new jobs)
4. Depository credit intermediation (213 new jobs)
5. General freight trucking (194 new jobs)

Out of the 123 4-digit NAICS industries, 62 reported job growth in the duration of the year and 60 industry sectors reported declines during the time period.

In Mercer County, Pennsylvania, the aggregate employment for all industry sectors has increased by 475 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Total One-Year Employment Decline in Mercer County

Of the area's industries (4-digit NAICS), the General medical and surgical hospitals industry experienced most substantial job loss, losing 300 jobs. The declines in the General medical and surgical hospitals industry make up 15.2 percent of the employment lost during the period in Mercer County, Pennsylvania.

Top 5 Industries
1. General medical and surgical hospitals (300 jobs lost)
2. Department stores (248 jobs lost)
3. Residential mental health facilities (171 jobs lost)
4. Other fabricated metal product manufacturing (167 jobs lost)
5. Full-service restaurants (127 jobs lost)

Mercer County One-Year Percentage Growth in Employment

The Management of companies and enterprises industry has experienced the largest percentage growth, expanding by 488.1 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Mercer County has grow faster than the industry job growth experienced in Pennsylvania, where this industry saw a gain of 11.7 percent. The Management of companies and enterprises industry in Mercer County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 2.7 percent.

Top 5 Industries
1. Management of companies and enterprises (488.1 percent gain)
2. Computer systems design and related services (69.1 percent gain)
3. Commercial machinery repair and maintenance (65.4 percent gain)
4. Management and technical consulting services (50.4 percent gain)
5. Home furnishings stores (45.8 percent gain)

Mercer County One-Year Percentage Decline in Employment

The Private households industry has seen the largest percentage drop in employment, losing 76 percent of the jobs from 2005 to 2006. These have declined faster than the industry has experienced in the State of Pennsylvania, where the it saw a loss of 46.1 percent. The losses in the Private households industry in Mercer County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 1.9 percent in terms of employees in the Private households industry.

Top 5 Industries
1. Private households (76 percent decline)
2. Misc. durable goods merchant wholesalers (64.1 percent decline)
3. Department stores (31.6 percent decline)
4. Metal and mineral merchant wholesalers (27.6 percent decline)
5. Petroleum merchant wholesalers (26.1 percent decline)

The total number of jobs has increased by 1.1 percent since the 2nd Quarter figures of 2005. This change is less than percent in the State of Pennsylvania, which saw a gain of 1.1 percent since the 2nd Quarter of 2005. The gains the area experienced were less than than the gain experienced overall in the US of 2.0 percent.





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 Mercer County, Pennsylvania

The poverty rate in Mercer County, Pennsylvania has declined by 0.5 percent from the levels reported in the Decennial Census of 2000, moving from 11.5 percent to 11 percent.

Compared to other counties (and parishes) throughout the nation, Mercer County accounted a medium-high median household income of $40,559 (Adjusted to 2005 Dollars). This figure is 15.7 percent lower than the median in State of Pennsylvania of $46,924 and the median household income is 21.1 percent lower than the median household income in the United States of $49,133.

While the median household income saw a decline from 2000 to 2005 in Mercer County, Pennsylvania, the Race/Ethnicity group that went through the most dramatic decline in median household income was the White category. This group felt a decline of 4.3 percent since 2000. The Hispanic population category was least influenced by the median household income decline in Mercer County, undergoing a 567.1 percent increase in household income, since the reported levels in 2000.

Contrasted against to other counties (or parishes) throughout the US, Mercer County, Pennsylvania may be understood as having a medium-low rate of poverty among its population, accounting a rate of 11.5 percent of people living in a family with an income below the poverty level in 1999. The Black or African American race/ethnicity population cohort, has the uppermost poverty rate with 34 percent of the people in 2000 living in poverty. The population that is aged Under 5 years have the most percent of people living in poverty in Mercer County, having 20.5 percent of the population in this age category living in poverty.

The household income has declined from the values (adjusted for inflation) in 2000. The median has decreased to $38,963, which represents a 3.9 percent decline. Mercer County, Pennsylvania, in terms of percent of decline, ranks 23 of 33 counties in percent of decline for the household income level in the State of Pennsylvania. Mercer County ranks 515 of 668 counties (or parishes) when comparing total percent of decline in median household income in the United States.

In Mercer County, Pennsylvania White headed households reported a median household income (2005 Dollars) of $41,424 as reported by the Decennial Census of 2000, which was 2.1 percent greater than the median in 2000. Black or African American headed households had median income levels that were 44.6 percent less than the total 2000 reported median, with a their median reported to be $22,459. The households that were headed by an American Indian and Alaska Native individual in Mercer County reported a median household income of $23,108, this was 43 percent less than the median income level in this area. Hispanic Householders in Mercer County, Pennsylvania reported a median household income of $29,981, which is 26.1 percent less than the areas median income level for all households. It was reported in 2000 that the Asian headed households had median household incomes of $72,029. This income level is 77.6 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.

Wednesday, December 20, 2006

Higher Education in Mercer County, Pennsylvania

Mercer County, Pennsylvania may to understood as having a moderately-educated 2000 population, with 17.2 percent of the population over 25 years old having received at least a Bachelors Degree, according to the Decennial Census of 2000. Mercer was reported to have a lower percent of individuals with higher educations than the State of Pennsylvania's proportion of 22.4 percent and a lower percent than the US proportion of 24.4 percent.

According to the 2000 Decennial Census in Mercer County, Pennsylvania, many men in the area have reached the High School Diploma category, with 44.4 percent achieving this level. The female population in Mercer have achieved a lower level of higher education (Bachelors or Higher) than the men in the area: 18 percent (Men) versus 16.6 percent (Women). A high proportion of the female population in the area has reached the High School Diploma category, with 46 percent of the women population in the area achieving this level of education.

From 2000, Mercer 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 18.8 percent in 2005. The American Community Survey reports that the proportion of the 2005 population that is highly educated is less than the State of Pennsylvania percent of 25.6 and less than the United States percent of 27.2.

In Mercer County, Pennsylvania according the 2000 Decennial Census, 17.8 percent of the White Alone, 6.2 percent of Black or African American, 45.8 percent of the Asian alone and 21 percent of the Hispanic or Latino population (over 25) has obtained a Bachelors Degree or Higher.

From 2000 to 2005, the percent of the male population that can be considered highly educated has increased by 0.4 percent. By the year 2005, 18.4 percent of the total male population, in the area, has obtained at least a Bachelors Degree. From 2000 to 2005, the percent of women with a Bachelors or Higher has increased by a total of 2.4 percent. By 2005, a total of 19 percent of the total female population achieved this high level of education.

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

Wednesday, November 29, 2006

Demographic Profile for Mercer County, Pennsylvania

Mercer County, Pennsylvania had a population that was estimated at 119,598 in the year 2005. The population has decreased, from the population in the year 2000 of 120,193. The decline shows a decrease of -0.5 percent. Mercer ranks 43 of 67 counties by growth in total population in Pennsylvania and the county ranks 2,821 of 3,141 counties when analyzing total county population change across the nation.

Mercer County, Pennsylvania has a population that is made up of 92.5 percent White, 5.3 percent African American, 0.5 percent Asian, and 0.8 percent Hispanic. The area can be described as having a modest level of racial and ethnic diversity, with 6.6 percent minorities. This is less than the State of Pennsylvania percent of 16.4. Since 2000, Mercer has increased in diversity when 6.4 percent of the total population were minorities.

The population division of the Census Bureau estimates in 2005 a median age in Mercer County, Pennsylvania to be 41.1 years of age. The median age in Mercer is greater than the median age in the State of Pennsylvania of 39.7. From 2000, the area has seen an increase in the median age, when it was 39.7 years of age. With 22 percent of the population in the year 2005 being made up of individuals less than 18 years old, Mercer can be understood as being made up of a medium-low percent of people under 18. The 18 to 64 years old population group has a medium-low representation within the population, making up 60.1 percent of the population within the age group. People 65 and older make up 17.9 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-high percent of the population base.

When measuring the total land area, Mercer covers a total land area of 672 square miles. The land areas has a medium-low density of 178 persons per square mile, in 2005. Other US counties with similar densities include: -- more densely populated -- St. Charles, LA (179 per sq. mile ), Boone, IL (179 per sq. mile ), Walworth, WI (180 per sq. mile ), -- less densely populated -- Jefferson, TN (177 per sq. mile ), Madison, KY (176 per sq. mile ), Burke, NC (176 per sq. mile ).

Since the year 2000, a low number of individual migrated to the Mercer internationally. The migration from outside the US into Mercer totals 0.2 percent of the total migration into the State of Pennsylvania. This percent of international migration is low when compared to international migration per 2005 population.

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

Sunday, November 12, 2006

Housing Report for Mercer County, Pennsylvania

Mercer County had a median home value in the year 2005 of $92,400, according to the American Community Survey. This value is less than the Pennsylvania 2005 home value of $131,900 and less than median home value of $167,500 across the nation during that year.

In Mercer County, there were a total of 51,305 homes in the year 2005. This county has gone through a growth in housing units, adding in all 1,006 housing units since the year 2001, or 2 percent.

The residential real estate values in Mercer County, Pennsylvania have moderate increases from the real estate values reported in 2000. The valuations have increased by $16,400, or 21.6 percent, since 2000 when they were valued at $76,000.

In the State of Pennsylvania, Mercer County ranks 37 of 67 in terms of percentage growth in new housing structures. The county ranks 1,945 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

Mercer County has a medium percentage of homes that are high in price. In 2005, the American Community Survey accounted that 1.5 percent of the homes were valued over $500,000.

It can be understood that there is a large amount of housing that is affordable in Mercer County, Pennsylvania. In 2005, 66.8 percent of owner-occupied dwellings were valued under $125k.

Data Source: U.S. Census Bureau

Monday, October 30, 2006

Employment Report for Mercer County, Pennsylvania -- Annual 2005 Industry Summary

In Mercer County, Health care and social assistance, Manufacturing, and the Retail Trade sectors, in terms of total employment, are the largest. Health care and social assistance is the major employer in the county making up 22.9 percent of all jobs throughout the county, totaling 9,646 people employed. The Manufacturing and Retail Trade sectors account for 21.4 and 16.3 percent of industry employment.

Manufacturing is the industry with the largest establishments in Mercer County. The industry averages 45 workers per each place of employment, being greater than the industry's average in the United States of 39 and greater than the State of Pennsylvania average establishment size of 41 for the Manufacturing industry.

Manufacturing saw the largest loss of employment between the years 2001-2005 in Mercer County. The industry was hit with a loss of 1,417 jobs during the period, or 13.6 percent of employment in the sector. These losses made up 48.5 percent of the total loss in employment during the period.

Mining is the industry with the largest change in employment since the year 2001 in Mercer County, increasing by 452.8 percent. This is greater than the industry employment change in the United States of 4.7 percent. The State of Pennsylvania faced a industry job change of 2 percent, since the year 2001.

In Mercer County, Health care and social assistance, Manufacturing and Educational services have the highest US LQ in 2005. The Health care and social assistance industry has a US LQ in the county of 1.77. The percent of employment in the Health care and social assistance sector is 1.77 times greater than the national average, signifying that Mercer County may specialize, or be an exporter of Health care and social assistance.

Mercer County ranks 29 of 68 total Counties throughout Pennsylvania by total number of jobs in 2005. This position has moved up between the years 2001 and 2005. In 2001, the County was ranked 25 of 68 Counties.





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

 

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