Wednesday, March 21, 2007

In Faulk County, jobs in the farm product raw material merch. whls. pay the highest wages


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Jobs in the farm product raw material merch. whls. industry had the highest average wages in Faulk County for the 2nd quarter of 2006. The average worker in the industry in Faulk County received an annual wage of $31,200 in 2nd quarter of 2006. The wage rate is greater than the industry wage rate in South Dakota of $24,976 and less than then the wage for jobs in this industry at the United States Level of $33,978.

High-wage employment in Faulk County, South Dakota exsists in insurance agencies, brokerages, and related ($28,042), residential building construction ($18,741), full-service restaurants ($5,366) and oilseed and grain farming (.) 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.

Tuesday, February 27, 2007

Faulk County Industry Wages Lag Behind South Dakota, and Wages Lag Behind the United States


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The overall industry wages in Faulk County, South Dakota when analyzed can be described as medium-low when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 24.8 percent lower than the state, which was reported to be $28,713. The average industry wage was less than the industry average in the US 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.

Friday, February 23, 2007

Faulk County Five-Year Industry Employment Change

Total Five-Year Employment Decline in Faulk County

From of the area's 4-digit NAICS industries, the Gasoline stations industry witnessed the largest drop in employment, losing a total of 25 jobs in that time period. The declines in the Gasoline stations industry make up 54.8 percent of the total employment decline in Faulk County, South Dakota.

Top 3 Industries
1. Gasoline stations (25 jobs lost)
2. Full-service restaurants (13 jobs lost)
3. Legal services (7 jobs lost)

In Faulk County, South Dakota, the total number of jobs throughout all industries has increased by 33 jobs between mid-2001 and mid-2006.





Total employment has increased by 8.8 percent from the reported values in 2001. These values are greater than growth in the State of South Dakota, experiencing a gain of 5.3 percent since the 2nd Quarter of 2001. The gains felt were greater than than the gain reported at the US level of 2.6 percent.

Faulk County Five-Year Percentage Growth in Employment

The Full-service restaurants industry has seen the largest percentage job growth, expanding by 161.1 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Faulk County has added employment faster than the industry job growth experienced in South Dakota, where the industry felt a gain of 7.3 percent. The Full-service restaurants industry in Faulk County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 13.2 percent of the industry employment.

Top 3 Industries
1. Full-service restaurants (161.1 percent gain)
2. Farm product raw material merch. whls. (113.6 percent gain)
3. Insurance agencies, brokerages, and related (20.8 percent gain)

Faulk County Five-Year Percentage Decline in Employment

The Legal services industry has seen the largest percentage drop in employment, losing 38.9 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has felt in the State of South Dakota, where the industry sector experienced a gain of 5.9 percent. The losses in the Legal services industry in Faulk County outpaced the US in terms of percent of decline of industry employment. The US gained 8.3 in percent of workers in the Legal services industry.

Top 3 Industries
1. Legal services (38.9 percent decline)
2. Gasoline stations (17.7 percent decline)
3. Full-service restaurants (11.5 percent decline)





About: This report is part 2 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.

Monday, January 22, 2007

Faulk County One-Year Industry Employment Change

Total One-Year Employment Growth in Faulk County

The Full-service restaurants industry has added the most employment with 18 new jobs created in the period. The job growth in the Full-service restaurants industry makes up 98.1 percent of the total number of new jobs in Faulk County.

Top 1 Industries
1. Full-service restaurants (18 new jobs)

Total One-Year Employment Decline in Faulk County

From of the area's 4-digit NAICS industries, the Farm product raw material merch. whls. industry witnessed the largest drop in employment, losing a total of 2 jobs during the time period. The jobs lost in the Farm product raw material merch. whls. industry make up 100.0 percent of the employment lost during the period in Faulk County, South Dakota.

Top 1 Industries
1. Farm product raw material merch. whls. (2 jobs lost)

In Faulk County, South Dakota, the aggregate employment for all industry sectors has increased by 25 jobs between mid-2005 and mid-2006.



Faulk County One-Year Percentage Decline in Employment

The Farm product raw material merch. whls. industry has lost the largest amount of employment in terms of percentage, losing 4.1 percent of the jobs from 2005 to 2006. These have declined faster than the industry has seen in the South Dakota, where the industry sector experienced a gain of 1.9 percent. The losses in the Farm product raw material merch. whls. industry in Faulk County outpaced the US in terms of percent of decline of industry employment. The US lost 1.3 percent in terms of employment in the Farm product raw material merch. whls. industry.

Top 1 Industries
1. Farm product raw material merch. whls. (4.1 percent decline)

Faulk County One-Year Percentage Growth in Employment

The Full-service restaurants industry has witnessed the largest percentage of employment expansion, increasing by 129.3 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Faulk County has increased employment faster than the overall industry growth seen in the State of South Dakota, where this industry saw a gain of 2.4 percent. The Full-service restaurants industry in Faulk County outpaced the United States, which experienced a gained 2.2 percent of the industry employment.

Top 1 Industries
1. Full-service restaurants (129.3 percent gain)

Total industry employment has increased by 6.5 percent since the 2nd Quarter figures of 2005. This change is greater than percent in South Dakota, which experienced a gain of 2.5 percent from 2005 (2nd Quarter). The gains in the area were greater than than the gain seen for the United States 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 Faulk County, South Dakota

Evaluated with other counties (or parishes) across the nation, Faulk County, South Dakota can be recognized as having a relatively high poverty rate amid the residents with a poverty rate of 18.1 percent of the individuals existing in families with incomes under the poverty level in 1999. The Hispanic race/ethnicity demographic group, represents the largest rate of poverty with 100 percent of the 2000 residents living in poverty. People aged Under 5 years are experiencing most percent people in poverty in Faulk County, having 34.3 percent of this age group in the area living in poverty.

Compared to counties across the United States, Faulk County had a medium-low household income of $35,377 (Adjusted to 2005 Dollars). This is 16.7 percent lower than the median income in State of South Dakota of $41,280 and this is 38.9 percent lower than the median for the rest of the nation, which is a reported $49,133.

Hispanic in Faulk County, South Dakota , as reported in 2000, had a median household income of $7,313, which is 79.3 percent less than reported value of the areas total household median income for all households. The American Indian and Alaska Native headed households in Faulk County had a median income of $51,188, this median was 44.7 percent greater than the median for all households. In Faulk County, South Dakota White householders had a median household income (in 2005 Dollars) of $35,377 as reported by the Decennial Census of 2000, which was only slightly equal to the median income in 2000.







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

Wednesday, December 20, 2006

Higher Education in Faulk County, South Dakota

In Faulk County, South Dakota according to the Decennial Census of 2000, 13.2 percent of the White Alone, . percent of Black or African American, 0 percent of the Asian alone and 0 percent of the Hispanic or Latino population, over the age 25, has achieved a Bachelors Degree or Higher.

Faulk County, South Dakota may to understood as having a moderately-educated population, with 13.2 percent of the population (+25) having received at least a Bachelors Degree, as reported in the Decennial Census of 2000. Faulk has a lower percent of individuals with higher educations than the State of South Dakota's proportion of 21.6 percent and a lower percent than United States proportion of 24.4 percent.

According to the 2000 Decennial Census in Faulk County, South Dakota, many men in the area have reached the High School Diploma category, with 37.6 percent reaching this education level. The female population in Faulk have on average achieved a lower level of higher education (Bachelors or Higher) than the men in the area: 13.6 percent (Men) versus 12.6 percent (Women). The most common level of education for women in the area is Some College or Associates Degree category, with 31.4 percent of the female population achieving this education level.





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

Wednesday, November 29, 2006

Demographic Profile for Faulk County, South Dakota

The U.S. Census Bureau, in the year 2005, estimated a median age in Faulk County, South Dakota to be 45.3 years old. The median age in Faulk is greater than the median in South Dakota of 37.0. Since 2000, the area has experienced an increase in the median age, at that time the median was 41.5 years old. With a total of 22.2 percent of the population in 2005 being comprised of children and youth younger than 18, Faulk can be understood as having a medium-low percent of individuals under 18. The working age population group (18-64) has a relatively low representation within the population, making up 54.9 percent of the population within the age category. People 65 years old and older make up 22.9 percent of the total population in the area. Compared to other counties in the US, this represents a relatively high percent of the population base.

Faulk County, South Dakota had a total estimated population of 2,386 in 2005. The total population has decreased sharply, from the population in the year 2000 of 2,631. The decline denotes a decrease of -9.3 percent. Faulk ranks 47 of 66 counties when analyzing total population change in South Dakota and the county ranks 2,413 of 3,141 counties when analyzing total county population change across the nation.

By measuring total land area, Faulk encompasses a total area of 1000 square miles. This area has a very low average population density of 2 persons per square mile. Similar counties in the US, in terms of density, include: -- more densely populated -- Madison, MT (2 per sq. mile ), McKenzie, ND (2 per sq. mile ), Logan, ND (2 per sq. mile ), -- less densely populated -- Presidio, TX (2 per sq. mile ), Rich, UT (2 per sq. mile ), Kodiak Island, AK (2 per sq. mile ).

Faulk County, South Dakota has a population that is made up of 99.3 percent White, 0.1 percent African American, 0 percent Asian, and 0.3 percent Hispanic. The area population base can be described as having a very modest amount of racial and ethnic diversity, with 0.4 percent minorities. This is less than the State of South Dakota percent of 3.5. Since 2000, Faulk has increased in diversity when 0.3 percent of the population were minorities.

From 2000, a very low number of individual migrated to the Faulk from outside the country. The immigration into Faulk makes up 0 percent of the total international migration into the State of South Dakota. This percent of international migration is very low when compared to international migration per 2005 population.

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

Monday, November 13, 2006

Housing Report for Faulk County, South Dakota

In Faulk County, the real estate market was made up of 1,293 housing structures in 2005. The area has seen growth in housing units, adding a sum of 45 housing units since the year 2001, or 3.6 percent.

The State of South Dakota, Faulk County places 15 of 66 in terms of growth of new housing structures between 2001 and 2005. The county stands 1,172 of 3,141, comparing the percentage change in residential in other US counties.

Faulk County recorded median owner-occupied home value in the year 2000 of $31,600, reported by the Decennial Census. This median is less than the overall State of South Dakota 2000 median owner-occupied dwelling value of $79,600 and less than median home value of $119,600 across the United States during the same year.

It can be understood that there is a abundant amount of affordable housing in Faulk County, South Dakota. In 2000, 97.5 percent of residential real estate was valued under $125,000.





Data Source: U.S. Census Bureau

Monday, October 30, 2006

Employment Report for Faulk County, South Dakota -- Annual 2005 Industry Summary

The Retail Trade industry decreased the most in percent of total employment in Faulk County since 2001, going from making up 16.7 percent of total jobs in the year 2001 to 8.7 percent of total employment in the year 2005.

In Faulk County, Agriculture, forestry, fishing and hunting, Wholesale trade and Health care and social assistance industries, in terms of United States location quotient, are the most dominant in the region. The Agriculture, forestry, fishing and hunting industry has an LQ of 6.17. In other words, the percent of total jobs in the Agriculture, forestry, fishing and hunting industry is 6.17 times greater than the US average, showing signs that Faulk County may specialize, or be an exporter of Agriculture, forestry, fishing and hunting.

Health care and social assistance has a largest number of employee per establishment in Faulk County, with the industry averaging 20 jobs per place of business. This is less than the US industry average of 21 and less than the State of South Dakota average of 24 for the Health care and social assistance industry.

In Faulk County, Health care and social assistance, Wholesale trade, and the Retail Trade industries are the largest employment industries. The Health care and social assistance is the largest employment industry and makes up 29.4 percent of the total county employment. This totals 118 individuals. The Wholesale trade and Retail Trade industries make up 15.7 and 8.7 percent of the total jobs, respectively.

Wholesale trade is the industry that has grown the most in terms of employment from 2001-2005 in Faulk County, moving a total of 46.5 percent. This is greater than the change of total jobs in the industry for the United States of 0.4 percent. The State of South Dakota faced a industry job change of 4.8 percent, in the last 5 years.







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

 

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