Providence County One-Year Industry Employment Change

In Providence County, Rhode Island, the entire sum of jobs in all industries overall has increased by 1,824 total jobs from 2005 to 2006.

Given the 191 4-digit NAICS industries, 94 described an expansion of jobs throughout the time period, while 97 industries reported employment loss in the period.

Total One-Year Employment Decline in Providence County

Given the industries in the area, the Other miscellaneous manufacturing industry has lost the most employment with a total loss of 642 jobs during the period. The employment lost in the Other miscellaneous manufacturing industry make up 13.6 percent of the total employment decline in Providence County, Rhode Island.

Top 5 Industries
1. Other miscellaneous manufacturing (642 jobs lost)
2. Newspaper, book, and directory publishers (331 jobs lost)
3. Textile and fabric finishing mills (155 jobs lost)
4. Other miscellaneous store retailers (140 jobs lost)
5. Drinking places, alcoholic beverages (135 jobs lost)

Total One-Year Employment Growth in Providence County

The Colleges and universities industry has brought the most jobs with a total of 707 employees finding new jobs in the industry. The employment growth in the Colleges and universities industry makes up 10.9 percent of the growth in Providence County.

Top 5 Industries
1. Colleges and universities (707 new jobs)
2. Depository credit intermediation (353 new jobs)
3. General medical and surgical hospitals (349 new jobs)
4. Services to buildings and dwellings (198 new jobs)
5. Investigation and security services (195 new jobs)

Providence County One-Year Percentage Growth in Employment

The Taxi and limousine service industry has witnessed the largest percentage of employment expansion, increasing by 50.0 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Providence County has expanded faster than the overall industry growth seen in the State of Rhode Island, where it saw a gain of 14.9 percent. The Taxi and limousine service industry in Providence County outpaced the nation in terms of industry employment growth . During this period, the nation gained 4.2 percent of the employment in this industry.

Top 5 Industries
1. Taxi and limousine service (50.0 percent gain)
2. Other support services (32.7 percent gain)
3. Commercial machinery repair and maintenance (23.9 percent gain)
4. Petroleum merchant wholesalers (22.9 percent gain)
5. Shoe stores (20.1 percent gain)

Providence County One-Year Percentage Decline in Employment

The Unclassified industry has seen the largest percentage drop in employment, losing 54.9 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry sector has gone through in the Rhode Island, where the it saw a gain of 37.9 percent. The losses in the Unclassified industry in Providence County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 12.1 percent in terms of employees in the Unclassified industry.

Top 5 Industries
1. Unclassified (54.9 percent decline)
2. Other heavy construction (40.7 percent decline)
3. Spring and wire product manufacturing (38.2 percent decline)
4. Other miscellaneous store retailers (33 percent decline)
5. Vegetable and melon farming (31.4 percent decline)

Total industry employment has increased by 0.7 percent since the 2nd Quarter figures of 2005. This change is greater than percent in the State of Rhode Island, which went through a gain of 0.5 percent since 2005 ( 2nd Quarter). The gains 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.

Income and Poverty in Providence County, Rhode Island

Hispanic headed households in Providence County, Rhode Island reported a median household income of $25,796, which is 40.3 percent less than reported value of the areas total household median income for all households. The American Indian and Alaska Native householders in Providence County reported an income level of $23,949, this was 44.6 percent less than the median level for total households in the area. In Providence County, Rhode Island White headed households reported a median household income (2005 Dollars) of $46,671 according to the 2000 Dencennial Census, which was 8 percent greater than the median income in 2000. Black or African American headed households had a median household income that was 35.8 percent less than the overall reported level in 2000, with a reported median of $27,755. The Asian householders in the area have reported their median household incomes at $37,893. This household income level is 12.3 percent less than the reported median household income for all households in the area.

The rate of poverty in Providence County, Rhode Island has increased by 0.7 percent since the 2000 rates, moving from 15.5 percent to 16.2 percent.

While household income level experienced a growth from 2000 to 2005 in Providence County, Rhode Island, the Race/Ethnicity category that saw the sharpest growth in median household income was the Asian Race/Ethnicity category. This group experienced an increase of 28.9 percent since the year 2000. The American Indian and Alaska Native Race/Ethnicity category has been least effected by the income level growth in Providence County, seeing a 4.9 percent decline in median income, since the values reported in the 2000 Decennial Census.

When compared to other counties (and parishes) throughout the United States, Providence County was reported to have a medium-high median income for all households of $43,232 (2005 Dollars). This median is 13.9 percent lower than the median in Rhode Island of $49,245 and the median is 13.6 percent lower than the median in the US, which is $49,133.

The areas median household income has increased from the inflation-adjusted values in 2000. The income level has increased to $45,006, representing a 4.1 percent growth. Providence County, Rhode Island, in terms of percent of growth, ranks 1 of 3 counties in percent of growth for income levels in the State of Rhode Island. Providence County ranks 40 of 119 counties (or parishes) in terms of the growth in median income in the US.

When compared to other counties (or parishes) across the United States, Providence County, Rhode Island can be considered to have a medium-high poverty rate amid the residents with a poverty rate of 15.5 percent of the individuals existing in families with incomes under the poverty level in 1999. The American Indian and Alaska Native race/ethnicity population category, holds the highest rate of poverty with 45.5 percent of the population in 2000 living in poverty. Individuals aged 5 years are experiencing most percent people in poverty in Providence County, with 25.2 percent of this demographic group living with incomes under poverty.

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