Pennington County One-Year Industry Employment Change

Total One-Year Employment Growth in Pennington County

Of the industries (4-digit NAICS) in the area, the Nondepository credit intermediation industry has grown the most with 118 new jobs created in the period. The job growth in the Nondepository credit intermediation industry makes up 8.0 percent of the total number of new jobs in Pennington County.

Top 5 Industries
1. Nondepository credit intermediation (118 new jobs)
2. Limited-service eating places (81 new jobs)
3. Management of companies and enterprises (74 new jobs)
4. Building material and supplies dealers (69 new jobs)
5. Services to buildings and dwellings (63 new jobs)

In Pennington County, South Dakota, the total number of jobs throughout all industries has increased by 626 jobs between mid-2005 and mid-2006.

Out of the 127 industries with industry data reported by the BLS in each quarter, 56 described an expansion of jobs throughout the time period, while 70 industries reported employment loss in the period.

Total One-Year Employment Decline in Pennington County

From of the area's 4-digit NAICS industries, the Misc. durable goods merchant wholesalers industry faced the greatest employment loss with a total loss of 105 jobs in that time period. The declines in the Misc. durable goods merchant wholesalers industry make up 11.0 percent of the jobs lost during the period in Pennington County, South Dakota.

Top 5 Industries
1. Misc. durable goods merchant wholesalers (105 jobs lost)
2. Insurance agencies, brokerages, and related (65 jobs lost)
3. Computer systems design and related services (60 jobs lost)
4. Gambling industries (46 jobs lost)
5. Specialty food stores (44 jobs lost)

Pennington County One-Year Percentage Growth in Employment

The Business, computer and management training industry has witnessed the largest percentage of employment expansion, increasing by 107.1 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Pennington County has grow faster than the overall industry growth seen in the State of South Dakota, where it saw a gain of 3.6 percent. The Business, computer and management training industry in Pennington County outpaced the United States, which experienced a lost 3.4 percent of the industry employment.

Top 5 Industries
1. Business, computer and management training (107.1 percent gain)
2. Specialized design services (52.4 percent gain)
3. Management of companies and enterprises (47.9 percent gain)
4. Land subdivision (41.5 percent gain)
5. Beer, wine, and liquor stores (37.5 percent gain)

Total employment has increased by 1.4 percent since the 2nd Quarter of 2005. This is less than growth in the State of South Dakota, which experienced a gain of 2.5 percent since the 2nd Quarter of 2005. The gains the area experienced were less than than the gain reported at the US level of 2.0 percent.

Pennington County One-Year Percentage Decline in Employment

The Electronic equipment repair and maintenance industry has lost the biggest percent of jobs, losing 55.6 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the South Dakota, where the it saw a loss of 15.7 percent. The losses in the Electronic equipment repair and maintenance industry in Pennington County outpaced the United States industry losses overall. During this period, the United States lost 0.4 percent in terms of employment in the Electronic equipment repair and maintenance industry.

Top 5 Industries
1. Electronic equipment repair and maintenance (55.6 percent decline)
2. Direct selling establishments (52.1 percent decline)
3. Misc. durable goods merchant wholesalers (49.2 percent decline)
4. Computer systems design and related services (42.1 percent decline)
5. Paper and paper product merchant wholesalers (25.3 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.

Income and Poverty in Pennington County, South Dakota

As the median household income witnessed a decline from 2000 to 2005 in Pennington County, South Dakota, the Race/Ethnicity category that felt the biggest decline in the household income level was the Hispanic category. This category saw a decline of 7.4 percent in the last five years. The American Indian and Alaska Native population category was least influenced by the median household income decline in Pennington County, encountering a 4.6 percent increase in median household income from 2000 to 2005.

When compared to other counties (or parishes) across the United States, Pennington County, South Dakota can be recognized as having a medium-low poverty rate amongst the population, with a poverty rate of 11.5 percent with a family income under the 1999 poverty level. The American Indian and Alaska Native race/ethnicity demographic category, owns the foremost rate of poverty with 43.8 percent of the people in 2000 living in poverty. The population that is aged Under 5 years are experiencing most percent people in poverty in Pennington County, having 21.6 percent of this demographic group living with incomes under poverty.

When compared to other counties (and parishes) throughout the United States, Pennington County was reported to have a medium-high household income of $43,857 (Adjusted to 2005 Dollars). This figure is 5.9 percent higher than the household income median in State of South Dakota of $41,280 and the median household income is 12 percent lower than the median household income in the United States of $49,133.

The poverty rate in Pennington County, South Dakota has increased by 3.3 percent from the levels reported in the Decennial Census of 2000, moving from 11.5 percent to 14.8 percent.

The household income has declined from the values (adjusted for inflation) in 2000. The median has decreased to $42,220, which amounts to a 3.7 percent decline. Pennington County, South Dakota, in terms of percent of decline, ranks 2 of 2 counties in percent of decline for household income in South Dakota. Pennington County ranks 524 of 668 counties (or parishes) when comparing the decline in household income across the nation.

The American Indian and Alaska Native households in Pennington County had a median household income level of $20,123, which was 54.1 percent less than the median for all households. Hispanic Householders in Pennington County, South Dakota , as reported in 2000, had a median household income of $36,980, this income level is 15.7 percent less than the areas median income level for all households. In Pennington County, South Dakota White headed households reported household income (in 2005 Dollars) of $45,889 according to the Decennial Census of 2000, which was 4.6 percent greater than the median household income in 2000. Black or African American householders reported a median household income that was 29.4 percent less than the overall median reported in 2000, with a reported median of $30,956. The Asian householders in the area have reported their median household incomes at $39,600. This income level is 9.7 percent less than the all households reported median in the area.

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