Monday, January 22, 2007

Warren County One-Year Industry Employment Change

Total One-Year Employment Growth in Warren County

Of the industries (4-digit NAICS) in the area, the Other wood product manufacturing industry has grown the most with 42 employees finding new jobs in the industry. The employment growth in the Other wood product manufacturing industry makes up 12.5 percent of the total number of new jobs in Warren County.

Top 5 Industries
1. Other wood product manufacturing (42 new jobs)
2. Employment services (40 new jobs)
3. Full-service restaurants (36 new jobs)
4. Nonresidential building construction (29 new jobs)
5. Building equipment contractors (24 new jobs)

Given the 55 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 24 showed an escalation in the number employed, while 28 industries reported a drop in employment.

In Warren County, Tennessee, the total number of workers for all sectors has decreased by 2,112 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Total One-Year Employment Decline in Warren County

Given the industries in the area, the Metalworking machinery manufacturing industry has lost the most employment with a total loss of 51 jobs. The declines in the Metalworking machinery manufacturing industry make up 25.7 percent of the total employment decline in Warren County, Tennessee.

Top 5 Industries
1. Metalworking machinery manufacturing (51 jobs lost)
2. Machine shops and threaded product mfg. (38 jobs lost)
3. Automobile dealers (17 jobs lost)
4. Misc. nondurable goods merchant wholesalers (15 jobs lost)
5. Services to buildings and dwellings (11 jobs lost)

Warren County One-Year Percentage Decline in Employment

The Lessors of real estate industry has lost the largest percent of jobs, losing 40 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry has seen in the Tennessee, where the it saw a loss of 0.2 percent. The losses in the Lessors of real estate industry in Warren County outpaced the US in terms of percent of decline of industry employment. The US lost 0.2 percent in terms of employees in the Lessors of real estate industry.

Top 5 Industries
1. Lessors of real estate (40 percent decline)
2. Machine shops and threaded product mfg. (34.5 percent decline)
3. Individual and family services (32.4 percent decline)
4. Metalworking machinery manufacturing (22.6 percent decline)
5. Florists (22.5 percent decline)

Warren County One-Year Percentage Growth in Employment

The Nonresidential building construction industry has experienced the largest percentage growth, expanding by 90.5 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Warren County has expanded faster than the industry job growth experienced in Tennessee, where this industry saw a gain of 9.3 percent. The Nonresidential building construction industry in Warren County outpaced the national average, which felt a gained 6.1 percent.

Top 5 Industries
1. Nonresidential building construction (90.5 percent gain)
2. Activities related to real estate (81.5 percent gain)
3. Management and technical consulting services (41.6 percent gain)
4. Outpatient care centers (36.8 percent gain)
5. Specialized freight trucking (35.6 percent gain)

Total employment has decreased by 16.1 percent since the 2nd Quarter of 2005. This is greater than growth in the State of Tennessee, experiencing a gain of 1.9 percent from 2005 (2nd Quarter). The losses 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.

Thursday, January 11, 2007

Income and Poverty in Warren County, Tennessee

It was reported in 2000 that the Asian headed households had median household incomes of $19,824. This income level is 45.2 percent less than the reported median household income, in the area, for all households. In Warren County, Tennessee White householders had a median income (2005 Dollars) of $37,249 according to the 2000 Dencennial Census, which was 3 percent greater than the median income in 2000. Hispanic in Warren County, Tennessee , as reported in 2000, had a median household income of $22,109, this median household income is 38.9 percent less than reported value of the areas total household median income for all households. The American Indian and Alaska Native households in Warren County had a median household income level of $30,295, which was 16.3 percent less than the areas median level for all households. Black or African American householders reported household income levels that were 12.2 percent less than the overall reported level in 2000, with a reported median of $31,776.

Contrasted against to other counties (or parishes) throughout the US, Warren County, Tennessee can be considered to have a medium-high poverty rate amid the residents with a poverty rate of 16.6 percent of the individuals existing in families with incomes under the poverty level in 1999. The Hispanic race/ethnicity population cohort, has the uppermost poverty rate with 49.5 percent of the 2000 residents living in poverty. People aged Under 5 years have the largest percent of population in poverty in Warren County, having 25.5 percent of this demographic group living with incomes under poverty.

When compared to other counties (and parishes) throughout the United States, Warren County accounted a medium-low median income for households of $36,176 (Adjusted to 2005 Dollars). This is 17.6 percent lower than the median in State of Tennessee of $42,541 and the median is 35.8 percent lower than the median household income in the United States of $49,133.







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

 

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