Monday, January 22, 2007

Lyman County One-Year Industry Employment Change

Lyman County One-Year Percentage Decline in Employment

The Depository credit intermediation industry has lost the largest percent of jobs, losing 20.3 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has experienced in the State of South Dakota, where the it saw a gain of 2.7 percent. The losses in the Depository credit intermediation industry in Lyman County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 2 percent in terms of employment in the Depository credit intermediation industry.

Top 3 Industries
1. Depository credit intermediation (20.3 percent decline)
2. Full-service restaurants (5.1 percent decline)
3. Gasoline stations (4.7 percent decline)

Lyman County One-Year Percentage Growth in Employment

The Waste collection industry has gone through the largest job growth by percent, increasing by 117.5 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Lyman County has added employment faster than the overall industry growth seen in the State of South Dakota, where this industry saw a gain of 3.4 percent. The Waste collection industry in Lyman County outpaced the national average, which felt a gained 7.2 percent.

Top 5 Industries
1. Waste collection (117.5 percent gain)
2. Grocery and Related Product Wholesalers (109.2 percent gain)
3. Direct selling establishments (60.9 percent gain)
4. Computer systems design and related services (43.5 percent gain)
5. Motor vehicle body and trailer manufacturing (42.7 percent gain)

The total number of jobs has decreased by 3.1 percent from 2005 (2nd Quarter). These figures are greater than percent in South Dakota, which saw a gain of 2.5 percent from 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.

Total One-Year Employment Growth in Lyman County

From the industries (4-digit NAICS) in the area, the Full-service restaurants industry has accounted the most employment growth with a total of 3 employees finding new jobs in the industry. The employment growth in the Full-service restaurants industry makes up -0.2 percent of the growth in Lyman County.

Top 3 Industries
1. Grocery and Related Product Wholesalers (154 new jobs)
2. Individual and family services (89 new jobs)
3. Commercial machinery repair and maintenance (54 new jobs)

In Lyman County, South Dakota, the aggregate employment for all industry sectors has decreased by 24 total jobs from 2005 to 2006.









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.

Thursday, January 11, 2007

Income and Poverty in Lyman County, South Dakota

When compared to other counties (or parishes) across the United States, Lyman County, South Dakota can be considered to have a relatively high rate of poverty among its population, accounting a rate of 24.3 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 100 percent of the 2000 residents living in poverty. People aged 5 years have the largest percent of population in poverty in Lyman County, having 38.8 percent of this age group in the area living in poverty.

Compared to counties across the United States, Lyman County accounted a relatively low median income for all households of $33,356 (2005 Dollars). The income level is 23.8 percent lower than the household income median in State of South Dakota of $41,280 and the income level is 47.3 percent lower than the median for the rest of the nation, which is a reported $49,133.

It was reported in 2000 that the Asian headed households had median household incomes of $44,606. This median is 33.7 percent greater than the reported median household income, in the area, for all households. In Lyman County, South Dakota White headed households reported household income (in 2005 Dollars) of $37,385 according to the 2000 Dencennial Census, which was 12.1 percent greater than the median in 2000. Black or African American headed households had median income levels that were 0.8 percent greater than the overall median reported in 2000, with a reported median of $33,638. Hispanic households in Lyman County, South Dakota recorded a median income of $2,924, this median household income is 91.2 percent less than the reported median household income for all households in the area. The American Indian and Alaska Native householders in Lyman County reported a median household income of $23,868, this median was 28.4 percent less than the median level for total households in the area.







Datasource: U.S. Bureau of the Census. 2000 Decennial Census.

 

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