Wednesday, March 21, 2007

In Bedford County, jobs in the insurance agencies, brokerages, and related pay the highest wages


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Jobs in the insurance agencies, brokerages, and related industry reported the top wages in Bedford County for 2006. The average industry job in Bedford County received a wage of $93,604 in 2nd quarter of 2006. The wage rate is greater than the industry wage rate in Tennessee of $49,781 and greater than then the pay for jobs in this industry in the United States of $54,074.

High-wage employment in Bedford County, Tennessee exsists in management and technical consulting services ($77,550), plastics product manufacturing ($47,808), electric goods merchant wholesalers ($45,525) and offices of dentists ($45,435) 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

Bedford County Wages have increased by 24.9% Since 2001


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Industry wages, from 2001 to 2006, have increased in Bedford County, Tennessee by a total of 24.9%. This is greater than the growth in wages for the State of Tennessee and greater than the growth in average wages for the US.

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

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


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The average total wages in all industries in Bedford County, Tennessee when analyzed can be described as medium-high when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 14.1 percent lower than the state, which accounted an average of $36,146. The industry 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

Bedford County Five-Year Industry Employment Change

Bedford County Five-Year Percentage Growth in Employment

The Building finishing contractors industry has witnessed the largest percentage of employment expansion, increasing by 335.8 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Bedford County has grow faster than the growth seen in the industry for Tennessee, where this industry saw a gain of 3.9 percent. The Building finishing contractors industry in Bedford County outpaced the nation in terms of industry employment growth . During this period, the nation gained 17.4 percent.

Top 5 Industries
1. Building finishing contractors (335.8 percent gain)
2. Other specialty trade contractors (293.5 percent gain)
3. Insurance agencies, brokerages, and related (122.8 percent gain)
4. Commercial machinery repair and maintenance (122.2 percent gain)
5. Community care facilities for the elderly (119.4 percent gain)

Bedford County Five-Year Percentage Decline in Employment

The Misc. nondurable goods merchant wholesalers industry has lost the largest percent of jobs, losing 66.3 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has gone through in the Tennessee, where the it saw a loss of 4.2 percent. The losses in the Misc. nondurable goods merchant wholesalers industry in Bedford County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 1.8 percent in terms of employees in the Misc. nondurable goods merchant wholesalers industry.

Top 5 Industries
1. Misc. nondurable goods merchant wholesalers (66.3 percent decline)
2. Gasoline stations (51.8 percent decline)
3. Health and personal care stores (27 percent decline)
4. Office supplies, stationery, and gift stores (19.8 percent decline)
5. Building equipment contractors (16 percent decline)

Total employment has increased by 17.8 percent since the 2nd Quarter of 2001. This is greater than percent in Tennessee, which experienced a gain of 3.3 percent from the 2nd Quarter of 2001. The gains in the area were greater than than the gain reported at the US level of 2.6 percent.

In Bedford County, Tennessee, the total number of workers for all sectors has increased by 2,381 jobs between mid-2001 and mid-2006.

From the 41 industries with industry data reported by the BLS in each quarter, 14 reported job growth in the duration of the last five years and 26 industry sectors reported declines during the time period.

Total Five-Year Employment Decline in Bedford County

From of the area's 4-digit NAICS industries, the Employment services industry has lost the most employment with a total loss of 155 jobs in that time period. The declines in the Employment services industry make up 35.5 percent of the employment lost during the period in Bedford County, Tennessee.

Top 5 Industries
1. Employment services (155 jobs lost)
2. Gasoline stations (113 jobs lost)
3. Misc. nondurable goods merchant wholesalers (37 jobs lost)
4. Health and personal care stores (36 jobs lost)
5. Building equipment contractors (25 jobs lost)

Total Five-Year Employment Growth in Bedford County

Of the industries (4-digit NAICS) in the area, the General freight trucking industry has added the most employment with 289 employees finding new jobs in the industry. The employment growth in the General freight trucking industry makes up 29.9 percent of the growth in Bedford County.

Top 5 Industries
1. General freight trucking (289 new jobs)
2. Other specialty trade contractors (164 new jobs)
3. Residential building construction (70 new jobs)
4. Services to buildings and dwellings (69 new jobs)
5. Building finishing contractors (59 new jobs)





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

Bedford County One-Year Industry Employment Change

Bedford County One-Year Percentage Growth in Employment

The Misc. nondurable goods merchant wholesalers industry has gone through the largest job growth by percent, increasing by 280.0 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Bedford County has added employment faster than the industry job growth experienced in Tennessee, where it saw a gain of 4.9 percent. The Misc. nondurable goods merchant wholesalers industry in Bedford County outpaced the nation in terms of industry employment growth . During this period, the nation gained 0.2 percent of the employment in this industry.

Top 5 Industries
1. Misc. nondurable goods merchant wholesalers (280.0 percent gain)
2. Building finishing contractors (192.4 percent gain)
3. Machine shops and threaded product mfg. (103.1 percent gain)
4. Motor vehicle and parts merchant wholesalers (93.9 percent gain)
5. Other general merchandise stores (90.1 percent gain)

The total number of jobs has increased by 6.4 percent since the 2nd Quarter of 2005. This is greater than growth in Tennessee, which saw a gain of 1.9 percent from 2005 (2nd Quarter). The gains felt were greater than than the gain experienced overall in the US of 2.0 percent.

Bedford County One-Year Percentage Decline in Employment

The Gasoline stations industry has lost the biggest percent of jobs, losing 36.2 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Tennessee, where the it saw a loss of 0.8 percent. The losses in the Gasoline stations industry in Bedford County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 0.3 in percent of jobs in the Gasoline stations industry.

Top 5 Industries
1. Gasoline stations (36.2 percent decline)
2. Employment services (31.9 percent decline)
3. Death care services (18.8 percent decline)
4. Automobile dealers (16.1 percent decline)
5. Machinery and supply merchant wholesalers (15.1 percent decline)

Total One-Year Employment Decline in Bedford County

Of the area's industries (4-digit NAICS), the Employment services industry experienced most substantial job loss, losing 431 jobs in that time period. The declines in the Employment services industry make up 69.5 percent of the total employment decline in Bedford County, Tennessee.

Top 5 Industries
1. Employment services (431 jobs lost)
2. Gasoline stations (60 jobs lost)
3. Limited-service eating places (29 jobs lost)
4. Automobile dealers (21 jobs lost)
5. Plastics product manufacturing (19 jobs lost)

Total One-Year Employment Growth in Bedford County

Out of the 4-digit NAICS industries, the General freight trucking industry has grown the most with 137 total jobs brought in during the period. The growth in the General freight trucking industry makes up 29.7 percent of the total employment growth in Bedford County.

Top 5 Industries
1. General freight trucking (137 new jobs)
2. Other specialty trade contractors (55 new jobs)
3. Building finishing contractors (51 new jobs)
4. Other amusement and recreation industries (22 new jobs)
5. Other general merchandise stores (21 new jobs)

In Bedford County, Tennessee, the aggregate employment for all industry sectors has increased by 951 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

From the 47 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 18 showed an escalation in the number employed, while 28 industry sectors accounting for employment declines during that time period.





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 Bedford County, Tennessee

When compared to other counties (or parishes) across the United States, Bedford County, Tennessee can be understood to have a medium-high rate of poverty among its population, accounting a rate of 13.1 percent with a family income under the 1999 poverty level. The Black or African American race/ethnicity demographic group, represents the largest rate of poverty with 27.9 percent of the population in 2000 living in poverty. Individuals aged 75 years and over have the most percent of people living in poverty in Bedford County, reporting 22.1 percent of this demographic group living with incomes under poverty.

When compared to other counties (and parishes) throughout the United States, Bedford County was reported to have a medium-high median income for all households of $42,973 (Adjusted to 2005 Dollars). This figure is 1 percent higher than the median income in State of Tennessee of $42,541 and the income level is 14.3 percent lower than the median in the US, which is $49,133.

The American Indian and Alaska Native householders in Bedford County had a median household income level of $88,218, this was 105.3 percent greater than the median for all households. Black or African American householders reported household income levels that were 29.6 percent less than the total 2000 reported median, with a their median reported to be $30,250. Hispanic households in Bedford County, Tennessee reported a median household income of $48,309, this income level is 12.4 percent greater than the median reported for all households in the area. The Asian headed households reported median household incomes of $58,500. This median is 36.1 percent greater than the reported median for all households in the area. In Bedford County, Tennessee White headed households reported household income (in 2005 Dollars) of $44,096 as reported by the Decennial Census of 2000, which was 2.6 percent greater than the median income in 2000.







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

Wednesday, December 20, 2006

Higher Education in Bedford County, Tennessee

In Bedford County, Tennessee as reported in the Census of the year 2000, 12 percent of the White Alone, 4.2 percent of Black or African American, 20.6 percent of the Asian alone and 4.6 percent of the Hispanic or Latino population (over 25) has obtained a Bachelors Degree or Higher.

Bedford County, Tennessee is made up of a less-educated working age population, with 11.2 percent of the population (+25) having received at least a Bachelors Degree, as reported in the Decennial Census of 2000. Bedford is reported having a lower percent of population with this high education level than the State of Tennessee's proportion of 19.6 percent and a lower percent than United States proportion of 24.4 percent.

According to the 2000 Decennial Census in Bedford County, Tennessee, a high proportion of the male population in the area have reached the High School Diploma category, with 37.6 percent obtaining this level of education. The women in Bedford on average have achieved a lower level of higher education (Bachelors Degree or Higher) than the male population-- 11.8 percent (Men) versus 10.4 percent (Women). The most common level of education for women in the area is High School Diploma category, with 40.2 percent of the female population achieving this education level.





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

Wednesday, November 29, 2006

Demographic Profile for Bedford County, Tennessee

When calculating the total land area, Bedford spans a total area of 474 square miles. The county has a medium-low average area density of 89 persons per square mile, in 2005. Other US counties with similar densities include: -- more densely populated -- Lincoln, LA (89 per sq. mile ), Pulaski, KY (89 per sq. mile ), Jefferson, IN (90 per sq. mile ), -- less densely populated -- Wilkes, NC (89 per sq. mile ), Mercer, OH (89 per sq. mile ), Madison, OH (89 per sq. mile ).

In 2005, the Census Bureau estimated the median age in Bedford County, Tennessee to be 34.7 years old. The median in Bedford is less than the median age in Tennessee of 37.3. From 2000, the area has seen a decline in the median, when the median age was 34.8 years old. With 24.6 percent of the 2005 population being made up of children and youth younger than 18, Bedford can be described as having a medium-high proportion of youths. The 18 to 64 years old population group has a medium-high presence of the population, with 63.7 percent of the population within the age group. People 65 and older make up 11.7 percent of the population. When compared to other counties in the United States, this represents a medium-low proportion of the area population base.

Since 2000, a very high amount of people migrated to Bedford from another country. The international migration into Bedford accounts for 2.5 percent of immigration into the State of Tennessee. This amount of international migration is very high when analyzed against the base population in the year 2005 and compared to other counties across the US.

Bedford County, Tennessee had a population that was estimated at 42,204 for the year 2005. The total population has increased sharply, since the population in 2000 of 37,830. This growth represents an increase of 11.6 percent. Bedford ranks 16 of 95 counties when analyzing total population change in Tennessee and the county ranks 540 of 3,141 counties in terms of population growth in the United States.

Bedford County, Tennessee has a population that is made of 78.5 percent White, 7.8 percent African American, 0.9 percent Asian, and 11.7 percent Hispanic. This area can be considered to have a high level of racial and ethnic diversity, with 20.4 percent of the population being minorities. This is less than the State of Tennessee percent of 20.9. Since 2000, Bedford has increased the level of diversity when 16.5 percent of the people were minorities.

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

Monday, November 13, 2006

Housing Report for Bedford County, Tennessee

Bedford County recorded median owner-occupied home value in the year 2000 of $79,000, accounted by the Decennial Census. This median is less than the Tennessee 2000 median owner-occupied dwelling value of $93,000 and less than median home value of $119,600 across the nation during that year.

When compared to other counties in Tennessee, Bedford County ranks 11 of 95 in terms of growth of new housing structures between 2001 and 2005. The county stands 394 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

In Bedford County, the U.S. Census Bureau, Population Division accounted for a total of 16,505 housing structures in 2005. The area has seen growth in housing units, adding a sum of 1,312 homes since 2001, or 8.6 percent.

Bedford County is made up of a small, but present percentage of homes that are high in price. In 2000, the Decennial Census accounted that 0.7 percent of the homes were valued over $500,000.





Data Source: U.S. Census Bureau

Monday, October 30, 2006

Employment Report for Bedford County, Tennessee -- Annual 2005 Industry Summary

Transportation and Warehousing is the industry with the largest change in employment since the year 2001 in Bedford County, rising by 39.9 percent. This is greater than the United States industry change in employment of -1 percent. The State of Tennessee went through a industry job change of -0.3 percent, during the time since 2001.

Manufacturing is the industry with the largest establishments in Bedford County, with the industry averaging 99 workers per each place of employment, being greater than the US industry average of 39 and greater than the State of Tennessee typical size of 56 for the Manufacturing industry.

In Bedford County, Manufacturing, Transportation and Warehousing and Administrative and waste services have the highest US LQ in 2005. The Manufacturing industry has a US LQ in the county of 3.45. This means the percent of total employment in the Manufacturing industry is 3.45 times greater than the US average, showing signs that Bedford may be an exporter of products or services of Manufacturing.

In Bedford County, Manufacturing, Administrative and waste services, and the Retail Trade industries have the largest percent of jobs of all industries. The Manufacturing is the major employer in the county making up 44.2 percent of the total county employment. This totals 6,532 people employed. The Administrative and waste services and Retail Trade industries make up 10 and 9.9 percent of industry employment.

Retail Trade saw the largest loss of employment between the years 2001-2005 in Bedford County. The sector dealt with a loss of 215 jobs during the period, or 12.8 percent of jobs in the industry. The losses in this industry made up 61.4 percent of the total jobs loss in the County.







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

 

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