Monday, January 22, 2007

Jefferson County One-Year Industry Employment Change

Jefferson County One-Year Percentage Growth in Employment

The Building equipment contractors industry has witnessed the largest percentage of employment expansion, increasing by 69.3 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Jefferson County has grow faster than the industry job growth experienced in Tennessee, where the industry took a gain of 10.7 percent. The Building equipment contractors industry in Jefferson County outpaced the nation in terms of industry employment growth . During this period, the nation gained 5.5 percent.

Top 5 Industries
1. Building equipment contractors (69.3 percent gain)
2. Electronics and appliance stores (58.2 percent gain)
3. Management and technical consulting services (57.1 percent gain)
4. Misc. nondurable goods merchant wholesalers (42.9 percent gain)
5. Offices of real estate agents and brokers (42.6 percent gain)

Total employment has increased by 5.6 percent since the 2nd Quarter of 2005. This is greater than growth in Tennessee, which went through a gain of 1.9 percent from 2005 (2nd Quarter). The gains felt were greater than than the gain felt at the national level of 2.0 percent.

Jefferson County One-Year Percentage Decline in Employment

The Machinery and supply merchant wholesalers industry has seen the largest percentage drop in employment, losing 15.5 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has seen in the Tennessee, where the industry felt a gain of 2 percent. The losses in the Machinery and supply merchant wholesalers industry in Jefferson County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 2.6 percent in terms of employees in the Machinery and supply merchant wholesalers industry.

Top 5 Industries
1. Machinery and supply merchant wholesalers (15.5 percent decline)
2. Social advocacy organizations (13.2 percent decline)
3. Other miscellaneous store retailers (11.1 percent decline)
4. Automobile dealers (10.7 percent decline)
5. Technical and trade schools (10 percent decline)

In Jefferson County, Tennessee, the total number of workers for all sectors has increased by 508 jobs between mid-2005 and mid-2006.

Total One-Year Employment Growth in Jefferson County

From the industries (4-digit NAICS) in the area, the Building equipment contractors industry has grown the most with 46 total jobs brought in during the period. The growth in the Building equipment contractors industry makes up 19.8 percent of the total employment growth in Jefferson County.

Top 5 Industries
1. Building equipment contractors (46 new jobs)
2. Limited-service eating places (38 new jobs)
3. General freight trucking (30 new jobs)
4. Services to buildings and dwellings (16 new jobs)
5. Electronics and appliance stores (13 new jobs)

Of the 41 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 18 accounted an for increase in employment during the period and 22 industry sectors reported declines during the time period.

Total One-Year Employment Decline in Jefferson County

Of the area's industries (4-digit NAICS), the Other specialty trade contractors industry experienced most substantial job loss, losing 11 jobs during the time period. The jobs lost in the Other specialty trade contractors industry make up 20.6 percent of the employment lost during the period in Jefferson County, Tennessee.

Top 5 Industries
1. Other specialty trade contractors (11 jobs lost)
2. Automobile dealers (9 jobs lost)
3. Printing and related support activities (6 jobs lost)
4. Other general merchandise stores (5 jobs lost)
5. Machinery and supply merchant wholesalers (4 jobs lost)





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 Jefferson County, Tennessee

In Jefferson County, Tennessee White householders had a median income (2005 Dollars) of $38,894 as reported by the Decennial Census of 2000, which was 1.3 percent greater than the median household income in 2000. Black or African American householders reported a median household income that was 22.1 percent less than the overall median reported in 2000, with a reported median of $29,915. According to the 2000 Census, the Asian headed households in the area have median household incomes of $82,033. This household income level is 113.6 percent greater than the all households reported median in the area. Hispanic households in Jefferson County, Tennessee reported a median household income of $25,776, this median household income is 32.9 percent less than the median reported for all households in the area. The American Indian and Alaska Native households in Jefferson County had a median household income level of $32,418, this median was 15.6 percent less than the areas median level for all households.

Compared to counties across the United States, Jefferson County accounted a medium-low median income for all households of $38,404 (Adjusted to 2005 Dollars). This is 10.8 percent lower than the household income median in State of Tennessee of $42,541 and this is 27.9 percent lower than the median household income in the United States of $49,133.

When compared to other counties (or parishes) across the United States, Jefferson County, Tennessee may be understood as having a medium-high poverty rate amongst the population, with a poverty rate of 13.4 percent of the population with family incomes below the 1999 poverty level. The Hispanic race/ethnicity population category, holds the highest rate of poverty with 40.4 percent of the people in 2000 living in poverty. The population that is aged 5 years have the largest percent of population in poverty in Jefferson County, accounting 21.6 percent of this age group in the area living in poverty.







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

 

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