Tuesday, February 27, 2007

Marion County Industry Wages Lag Behind Tennessee, and Wages Lag Behind the United States


(Click Image to Enlarge Graph)



The average total wages in all industries in Marion County, Tennessee when analyzed can be described as relatively low when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 29 percent lower than the with an state average of $36,146. The average industry wage 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

Marion County Five-Year Industry Employment Change

Marion County Five-Year Percentage Growth in Employment

The Specialized freight trucking industry has witnessed the largest percentage of employment expansion, increasing by 119.0 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Marion County has increased employment faster than the overall industry growth seen in the State of Tennessee, where the industry took a gain of 0.9 percent. The Specialized freight trucking industry in Marion County outpaced the nation in terms of industry employment growth . During this period, the nation gained 6.8 percent.

Top 5 Industries
1. Specialized freight trucking (119.0 percent gain)
2. Management and technical consulting services (89.5 percent gain)
3. Accounting and bookkeeping services (74.2 percent gain)
4. Auto parts, accessories, and tire stores (71.1 percent gain)
5. Full-service restaurants (68.8 percent gain)

Marion County Five-Year Percentage Decline in Employment

The Electronics and appliance stores industry has lost the biggest percent of jobs, losing 59.7 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Tennessee, where the it saw a gain of 7.7 percent. The losses in the Electronics and appliance stores industry in Marion County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 2.7 percent in terms of employees in the Electronics and appliance stores industry.

Top 5 Industries
1. Electronics and appliance stores (59.7 percent decline)
2. Death care services (44 percent decline)
3. Misc. durable goods merchant wholesalers (21.8 percent decline)
4. Building equipment contractors (19.3 percent decline)
5. Services to buildings and dwellings (6.2 percent decline)

Total industry employment has increased by 5.1 percent from 2001 (2nd Quarter). These figures are greater than growth in Tennessee, which saw a gain of 3.3 percent from 2001 (2nd Quarter). The gains in the area were greater than than the gain reported at the US level of 2.6 percent.

Total Five-Year Employment Growth in Marion County

From the industries (4-digit NAICS) in the area, the Full-service restaurants industry has brought the most jobs with a total of 239 total jobs brought in during the period. The growth in the Full-service restaurants industry makes up 51.1 percent of the growth in Marion County.

Top 5 Industries
1. Full-service restaurants (239 new jobs)
2. Specialized freight trucking (73 new jobs)
3. General freight trucking (53 new jobs)
4. Offices of physicians (37 new jobs)
5. Building foundation and exterior contractors (13 new jobs)

In Marion County, Tennessee, the total number of workers for all sectors has increased by 294 total jobs from 2001 to 2006.

Out of the 20 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 7 accounted an for increase in employment during the period and 13 industries reported employment loss in the period.

Total Five-Year Employment Decline in Marion County

From of the area's 4-digit NAICS industries, the Death care services industry faced the greatest employment loss with a total loss of 15 jobs in that time period. The declines in the Death care services industry make up 25.7 percent of the total employment decline in Marion County, Tennessee.

Top 5 Industries
1. Death care services (15 jobs lost)
2. Electronics and appliance stores (12 jobs lost)
3. Depository credit intermediation (11 jobs lost)
4. Building equipment contractors (9 jobs lost)
5. Misc. durable goods merchant wholesalers (7 jobs lost)





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.

 

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