Tuesday, February 27, 2007

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


(Click Image to Enlarge Graph)



The overall industry wages in Warren County, Tennessee can be understood as being medium-high when compared to other Counties throughout the state in the 2nd quarter of 2006. The industry wages are 11.7 percent lower than the reported averages in the state of $36,146. 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

Warren County Five-Year Industry Employment Change

Total Five-Year Employment Decline in Warren County

From of the area's 4-digit NAICS industries, the Metalworking machinery manufacturing industry faced the greatest employment loss with a total loss of 70 jobs during the period. The employment lost in the Metalworking machinery manufacturing industry make up 16.3 percent of the total employment decline in Warren County, Tennessee.

Top 5 Industries
1. Metalworking machinery manufacturing (70 jobs lost)
2. Services to buildings and dwellings (67 jobs lost)
3. Automobile dealers (55 jobs lost)
4. Full-service restaurants (52 jobs lost)
5. Gasoline stations (31 jobs lost)

Total Five-Year Employment Growth in Warren County

The Building material and supplies dealers industry has brought the most jobs with a total of 115 total jobs brought in during the period. The growth in the Building material and supplies dealers industry makes up 20.0 percent of the total growth in Warren County.

Top 5 Industries
1. Building material and supplies dealers (115 new jobs)
2. Electronic markets and agents and brokers (110 new jobs)
3. Health and personal care stores (49 new jobs)
4. Limited-service eating places (39 new jobs)
5. Building finishing contractors (38 new jobs)

From the 43 industries with industry data reported by the BLS in each quarter, 18 reported job growth in the duration of the last five years and 25 industries reported employment loss in the period.

In Warren County, Tennessee, the aggregate employment for all industry sectors has decreased by 1,970 total jobs from 2001 to 2006.

Warren County Five-Year Percentage Growth in Employment

The Electronic markets and agents and brokers industry has experienced the largest percentage growth, expanding by 624.5 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Warren County has grow faster than the industry has grown in the State of Tennessee, where it saw a gain of 30.3 percent. The Electronic markets and agents and brokers industry in Warren County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 29.2 percent.

Top 5 Industries
1. Electronic markets and agents and brokers (624.5 percent gain)
2. Building finishing contractors (219.2 percent gain)
3. Activities related to real estate (157.9 percent gain)
4. Building material and supplies dealers (126.9 percent gain)
5. Child day care services (117.5 percent gain)

Warren County Five-Year Percentage Decline in Employment

The Lessors of real estate industry has lost the biggest percent of jobs, losing 64 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has gone through in the Tennessee, where the industry sector experienced a gain of 2 percent. The losses in the Lessors of real estate industry in Warren County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 2.1 percent in terms of employment in the Lessors of real estate industry.

Top 5 Industries
1. Lessors of real estate (64 percent decline)
2. Private households (63.9 percent decline)
3. Drycleaning and laundry services (44.6 percent decline)
4. Services to buildings and dwellings (44.4 percent decline)
5. Automobile dealers (36.3 percent decline)

Total employment has decreased by 15.1 percent from 2001 (2nd Quarter). These figures are greater than percent in the State of Tennessee, which saw a gain of 3.3 percent since 2001 ( 2nd Quarter). The losses in the area were greater than than the gain reported at the US 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.

 

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