Wednesday, March 21, 2007

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


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People with jobs in the securities and commodity contracts brokerage industry paid the average highest wages in Pennington County for 2006. The average worker in the industry in Pennington County received an annual wage of $77,317 in 2nd quarter of 2006. The wage rate is less than the industry wage rate in South Dakota of $81,856 and less than then the pay for jobs in this industry across the nation of $138,150.

Other high-paying jobs in Pennington County, South Dakota exsists in power generation and supply ($74,168), electronic markets and agents and brokers ($63,811), wireless telecommunications carriers ($61,355) and offices of physicians ($56,050) industries. Note: Clicking the Above Graphic Displays the Detailed 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

Pennington County Wages have increased by 17.0% Since 2001


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Industry wages, from 2001 to 2006, have increased in Pennington County, South Dakota by a total of 17.0%. This is less than the growth in industry wages for South Dakota and greater than the growth in average industry wages for the United States.

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

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


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The overall industry wages in Pennington County, South Dakota when analyzed can be understood as being relatively high when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 2.9 percent lower than the reported averages in the state of $28,713. The average pay 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.

Friday, February 23, 2007

Pennington County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Pennington County

Out of the 4-digit NAICS industries, the Building material and supplies dealers industry has grown the most with 335 new jobs created in the period. The job growth in the Building material and supplies dealers industry makes up 8.2 percent of the total growth in Pennington County.

Top 5 Industries
1. Building material and supplies dealers (335 new jobs)
2. Employment services (315 new jobs)
3. Full-service restaurants (229 new jobs)
4. Offices of physicians (208 new jobs)
5. Limited-service eating places (190 new jobs)

In Pennington County, South Dakota, the entire sum of jobs in all industries overall has increased by 1,976 total jobs from 2001 to 2006.

Given the 116 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 49 reported job growth in the duration of the last five years and 66 industries reported a drop in employment.

Total Five-Year Employment Decline in Pennington County

The Business support services industry has lost the most employment with a total loss of 530 jobs. The declines in the Business support services industry make up 21.3 percent of the total employment decline in Pennington County, South Dakota.

Top 5 Industries
1. Business support services (530 jobs lost)
2. Nondepository credit intermediation (442 jobs lost)
3. Grocery stores (223 jobs lost)
4. Other miscellaneous manufacturing (152 jobs lost)
5. Misc. durable goods merchant wholesalers (103 jobs lost)

Pennington County Five-Year Percentage Growth in Employment

The Employment services industry has experienced the largest percentage growth, expanding by 197.9 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Pennington County has expanded faster than the industry job growth experienced in South Dakota, where the industry took a gain of 63.8 percent. The Employment services industry in Pennington County outpaced the United States, which experienced a gained 4.1 percent of the employment in this industry.

Top 5 Industries
1. Employment services (197.9 percent gain)
2. Activities related to credit intermediation (163.0 percent gain)
3. Support activities for road transportation (150.0 percent gain)
4. Other support services (78.9 percent gain)
5. Power generation and supply (75.5 percent gain)

Pennington County Five-Year Percentage Decline in Employment

The Direct selling establishments industry has seen the largest percentage drop in employment, losing 76.6 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has gone through in the South Dakota, where the it saw a gain of 13 percent. The losses in the Direct selling establishments industry in Pennington County outpaced the United States industry losses overall. During this period, the United States lost 16.8 percent in terms of employment in the Direct selling establishments industry.

Top 5 Industries
1. Direct selling establishments (76.6 percent decline)
2. Misc. durable goods merchant wholesalers (48.8 percent decline)
3. Beer, wine, and liquor stores (48.6 percent decline)
4. Business, computer and management training (48.2 percent decline)
5. Amusement parks and arcades (46.5 percent decline)

Employment for all industries has increased by 4.5 percent from the reported values in 2001. These values are less than growth in South Dakota, experiencing a gain of 5.3 percent since the 2nd Quarter of 2001. The gains were greater than than the gain felt at the national level of 2.6 percent.





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

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.

Thursday, January 11, 2007

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.

Wednesday, December 20, 2006

Higher Education in Pennington County, South Dakota

In 2000, the Census reported that in Pennington County, South Dakota, the most common level of education achieved in the area for the male population is the Some College or Associates Degree category, with 32.2 percent obtaining this level of education. The women in Pennington have on average achieved a lower level of higher education (Bachelors or Higher) than men; 26.4 percent (Men) versus 23.6 percent (Women). Many of the women in the area have achieved the Some College or Associates Degree category, with 34.8 percent of the women population in the area achieving this level of education.

Since the year 2000, Pennington has increased in the percent of the total population (+25) with a BA or Higher. The portion of this population has grown by 3.6 percent to a total of 28.6 percent in 2005, as reported by the American Community Survey. The proportion of the 2005 population having received at least a BA is greater than the 2005 State of South Dakota percent of 24.6 and greater than the average US percent of 27.2.

From the years 2000 to 2005, the proportion of the male population that could be considered highly educated has increased by 3.0 percent. By 2005, 29 percent of total male population (over 25), in this area, held at least a Bachelors Degree. At the same time, the percent of women (over 25) holding a BA or higher has increased by a total of 4.6 percent. By 2005, a total of 28.2 percent of the total female population achieved this high level of education.

Pennington County, South Dakota is made up of a highly-educated population of the working age, with 25 percent of the population (+25) having received a BA or higher, as reported the 2000 Decennial Census. Pennington has a higher percent of the population with at least a Bachelors than the State of South Dakota's proportion of 21.6 percent and a higher percent than the average across the nation of 24.4 percent.

In Pennington County, South Dakota as reported in the Census of the year 2000, 26.4 percent of the White Alone, 10.6 percent of Black or African American, 30.6 percent of the Asian alone and 8.8 percent of the Hispanic or Latino (+25) population has achieved at least a Bachelors Degree.

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

Wednesday, November 29, 2006

Demographic Profile for Pennington County, South Dakota

Pennington County, South Dakota had a population that was estimated at 93,580 in 2005. The estimated population has increased sharply, from the population in the year 2000 of 88,764. This growth represents an increase of 5.4 percent. Pennington ranks 3 of 66 counties when calculating total change in population for South Dakota and the county ranks 512 of 3,141 counties in terms of population growth in the United States.

From 2000, a medium-low number of individual migrated to the Pennington from another country. The international migration into Pennington totals 9.3 percent of the total international migration into the State of South Dakota. This level of international migration can be considered medium-low when comparing levels of immigration per population in 2005.

Pennington County, South Dakota has a population that is made up of 85 percent White, 0.9 percent African American, 0.7 percent Asian, and 3.1 percent Hispanic. The population mix can be considered to have a very modest amount of racial and ethnic diversity, with 4.7 percent of the population made up of minorities. This is greater than the State of South Dakota percent of 3.5. Since 2000, Pennington has increased the percent of minority population when 4.3 percent of the people were minorities.

The population division of the Census Bureau estimates in 2005 a median age in Pennington County, South Dakota to be 36.1 years of age. The median age in Pennington is less than the median in South Dakota of 37.0. From 2000, the area has seen an increase in the median, when the median age was 34.9 years of age. With a total of 24.8 percent of the 2005 population being comprised of individuals under the age of 18, Pennington can be described as being made up of a medium-high proportion of youths. The 18 to 64 years old population group has a medium-high presence of the 2005 population base, with 62.5 percent of the population within the age category. People 65 years old and older make up 12.6 percent of the population in the area. When compared to other counties throughout the United States, this represents a medium-low proportion of the area population base.

When calculating the total land area, Pennington extends a total area of 2776 square miles. The land areas has a low density of 34 persons per square mile, in 2005. Similar counties, in terms of density, in the US include: -- more densely populated -- Macon, GA (34 per sq. mile ), Willacy, TX (34 per sq. mile ), Labette, KS (34 per sq. mile ), -- less densely populated -- Levy, FL (34 per sq. mile ), Matagorda, TX (34 per sq. mile ), Santa Cruz, AZ (34 per sq. mile ).

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

Monday, November 13, 2006

Housing Report for Pennington County, South Dakota

In Pennington County, there were a total of 40,673 homes in 2005. The county has experienced a growth in housing units, adding in all 2,825 residential structures since 2001, a change of 7.5 percent.

The residential housing values in Pennington County, South Dakota have seen large increases since their reported values in 2000. The values have increased by $29,200, or 32.1 percent, from when in 2000 they were valued at $90,900.

Pennington County had an owner-occupied dwelling median in 2005 of $120,100, according to the American Community Survey. This is greater than the South Dakota 2005 home median value of $101,700 and less than median home value of $167,500 across the nation during that year.

Pennington County can be understood as having a medium percentage of high-priced residential real estate. In 2005, the American Community Survey counted that 2.8 percent residential property is valued over $500k.

When compared to other counties in South Dakota, Pennington County stands 7 of 66 in terms of growth of new housing structures between 2001 and 2005. The county stands 489 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

There seems to be a large amount of housing that is affordable in Pennington County, South Dakota. In 2005, 53.1 percent of the homes were valued under $125,000.

Data Source: U.S. Census Bureau

Monday, October 30, 2006

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

In Pennington County, Retail Trade, Health care and social assistance, and the Accommodation and food services industries are the largest employment industries. The Retail Trade is the major employer in the county making up 18.1 percent of all jobs throughout the county, totaling 8,003 people employed. The Health care and social assistance and Accommodation and food services industries total 17.2 and 14.7 percent of industry employment.

Manufacturing saw the largest loss of employment between the years 2001-2005 in Pennington County. The sector faced a loss of 696 jobs, or 16.7 percent of industry's employment. The industry declines made up 46.4 percent of all county employment losses since 2001.

Utilities is the industry with the largest change in employment since the year 2001 in Pennington County, rising by 42.6 percent. This is greater than the rate of employment change across the nation of -8.2 percent. The State of South Dakota felt a shift in employment in the industry of 5.3 percent, in the period of time since 2001.

In Pennington County, Utilities, Accommodation and food services and Construction are the three industries with the highest location quotients. The Utilities sector has a United State LQ of 2.01. In other words, the percent of total jobs in the Utilities industry is 2.01 times more than the average percent in the United States, revealing signs that Pennington specializes in Utilities.

Utilities has a largest number of employee per establishment in Pennington County, with the industry averaging 34 employees per business. This is greater than the industry's average in the United States of 34 and greater than the State of South Dakota average establishment size of 12 for the Utilities industry.







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

 

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