Wednesday, March 21, 2007

In Hamilton County, jobs in the machinery and equipment rental and leasing pay the highest wages


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Jobs in the machinery and equipment rental and leasing industry wages were the highest in Hamilton County for 2006. The average industry job in Hamilton County received an annual wage of $120,968 in 2nd quarter of 2006. The pay is greater than the average industry wage in the State of Tennessee of $51,033 and greater than then the wage for jobs in this industry at the United States Level of $53,259.

Other top-pay jobs in Hamilton County, Tennessee can be found in lessors of real estate ($89,364), other financial investment activities ($85,486), other investment pools and funds ($69,668) and medical and diagnostic laboratories ($64,762) industries. Note: Click Graph Above for Detail 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

Hamilton County Wages have increased by 17.5% Since 2001


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Industry wages, from 2001 to 2006, have increased in Hamilton County, Tennessee by a total of 17.5%. This is less than the growth in industry wages for the State of Tennessee and greater than the growth in industry wages across 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

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


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The overall industry wages in Hamilton County, Tennessee when analyzed can be understood as being relatively high when analyzed with other Counties in the state. The overall wages are 4.7 percent lower than the state, which was reported to be $36,146. The industry pay was less than the industry average in the US 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

Hamilton County Five-Year Industry Employment Change

In Hamilton County, Tennessee, the total number of jobs throughout all industries has increased by 2,764 total jobs from 2001 to 2006.

Total Five-Year Employment Decline in Hamilton County

Of the area's industries (4-digit NAICS), the Clothing stores industry experienced most substantial job loss, losing 2,843 jobs during the period. The employment lost in the Clothing stores industry make up 20.1 percent of the total job loss in Hamilton County, Tennessee.

Top 5 Industries
1. Clothing stores (2,843 jobs lost)
2. Foundries (2,628 jobs lost)
3. Bakeries and tortilla manufacturing (1,081 jobs lost)
4. Ag., construction, and mining machinery mfg. (857 jobs lost)
5. Fiber, yarn, and thread mills (785 jobs lost)

Given the 154 industries with industry data reported by the BLS in each quarter, 63 reported job growth in the duration of the last five years and 91 industry sectors accounting for employment declines during that time period.

Total Five-Year Employment Growth in Hamilton County

Of the industries (4-digit NAICS) in the area, the Limited-service eating places industry has accounted the most employment growth with a total of 1,614 employees finding new jobs in the industry. The employment growth in the Limited-service eating places industry makes up 8.8 percent of the growth in Hamilton County.

Top 5 Industries
1. Limited-service eating places (1,614 new jobs)
2. Offices of physicians (1,122 new jobs)
3. Full-service restaurants (1,065 new jobs)
4. Other general merchandise stores (977 new jobs)
5. Management of companies and enterprises (910 new jobs)

Hamilton County Five-Year Percentage Growth in Employment

The Wireless telecommunications carriers industry has gone through the largest job growth by percent, increasing by 489.6 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Hamilton County has grow faster than the overall industry growth seen in the State of Tennessee, where it saw a gain of 61.5 percent. The Wireless telecommunications carriers industry in Hamilton County outpaced the United States, which experienced a lost 0.9 percent in this industry.

Top 5 Industries
1. Wireless telecommunications carriers (489.6 percent gain)
2. Insurance and employee benefit funds (479.4 percent gain)
3. Other general merchandise stores (198.1 percent gain)
4. Other fabricated metal product manufacturing (154.4 percent gain)
5. Highway, street, and bridge construction (149.1 percent gain)

Total employment has increased by 1.7 percent from 2001 (2nd Quarter). These figures are less than percent in Tennessee, which saw a gain of 3.3 percent since 2001 ( 2nd Quarter). The gains the area experienced were less than than the gain felt at the national level of 2.6 percent.

Hamilton County Five-Year Percentage Decline in Employment

The Foundries industry has lost the largest amount of employment in terms of percentage, losing 88.7 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 loss of 48.5 percent. The losses in the Foundries industry in Hamilton County outpaced the United States industry losses overall. During this period, the United States lost 19.2 percent in terms of employment in the Foundries industry.

Top 5 Industries
1. Foundries (88.7 percent decline)
2. Unclassified (80.5 percent decline)
3. ISPs and web search portals (77.4 percent decline)
4. Clothing stores (72.6 percent decline)
5. Fiber, yarn, and thread mills (61.2 percent decline)





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

Hamilton County One-Year Industry Employment Change

In Hamilton County, Tennessee, the total number of jobs throughout all industries has decreased by 34 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

From the 160 4-digit NAICS industries, 67 described an expansion of jobs throughout the time period, while 92 industries reported employment loss in the period.

Total One-Year Employment Decline in Hamilton County

Of the area's industries (4-digit NAICS), the Clothing stores industry experienced most substantial job loss, losing 3,453 jobs during the time period. The jobs lost in the Clothing stores industry make up 54.3 percent of the jobs lost during the period in Hamilton County, Tennessee.

Top 5 Industries
1. Clothing stores (3,453 jobs lost)
2. Foundries (352 jobs lost)
3. Resin, rubber, and artificial fibers mfg. (271 jobs lost)
4. Grocery stores (161 jobs lost)
5. Management and technical consulting services (134 jobs lost)

Total One-Year Employment Growth in Hamilton County

From the industries (4-digit NAICS) in the area, the Building equipment contractors industry has added the most employment with 635 new jobs created in the period. The job growth in the Building equipment contractors industry makes up 10.9 percent of the growth in Hamilton County.

Top 5 Industries
1. Building equipment contractors (635 new jobs)
2. Services to buildings and dwellings (461 new jobs)
3. Employment services (420 new jobs)
4. Department stores (368 new jobs)
5. Wireless telecommunications carriers (341 new jobs)

Hamilton County One-Year Percentage Decline in Employment

The Clothing stores industry has lost the biggest percent of jobs, losing 76.3 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has felt in the State of Tennessee, where the industry sector experienced a loss of 5.6 percent. The losses in the Clothing stores industry in Hamilton County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 2.1 percent in terms of employment in the Clothing stores industry.

Top 5 Industries
1. Clothing stores (76.3 percent decline)
2. Foundries (51.2 percent decline)
3. Grantmaking and giving services (39.5 percent decline)
4. Unclassified (33.3 percent decline)
5. Druggists' goods merchant wholesalers (27.4 percent decline)

Hamilton County One-Year Percentage Growth in Employment

The Wireless telecommunications carriers industry has seen the largest percentage job growth, expanding by 257.0 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Hamilton County has added employment faster than the industry has grown in the State of Tennessee, where this industry saw a gain of 23.1 percent. The Wireless telecommunications carriers industry in Hamilton County outpaced the United States, which experienced a gained 4.5 percent of the industry employment.

Top 5 Industries
1. Wireless telecommunications carriers (257.0 percent gain)
2. Wired telecommunications carriers (117.2 percent gain)
3. Drinking places, alcoholic beverages (86.3 percent gain)
4. Other support services (83.9 percent gain)
5. Insurance and employee benefit funds (49.2 percent gain)

The total number of jobs has decreased by 0 percent from 2005 (2nd Quarter). These figures are greater than percent in the State of Tennessee, which saw a gain of 1.9 percent since 2005 ( 2nd Quarter). The losses felt were greater than than the gain experienced overall in the US 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 Hamilton County, Tennessee

In Hamilton County, Tennessee White householders had a median income (2005 Dollars) of $49,540 as reported by the Decennial Census of 2000, which was 8.8 percent greater than the median in the year 2000. It was reported in 2000 that the Asian headed households had median household incomes of $54,951. This income level is 20.6 percent greater than the all households reported median in the area. The American Indian and Alaska Native households in Hamilton County reported a median household income of $43,144, this median was 5.3 percent less than the areas median level for all households. Black or African American headed households had a median household income that was 37.8 percent less than the total 2000 reported median, with a their median reported to be $28,340. Hispanic Householders in Hamilton County, Tennessee reported a median household income of $33,861, this income level is 25.7 percent less than the reported median household income for all households in the area.

The poverty rate in Hamilton County, Tennessee has increased by 0.5 percent since the 2000 rates, moving from 12.1 percent to 12.6 percent.

Compared to other counties (and parishes) throughout the nation, Hamilton County had a medium-high median income for all households of $45,548 (Adjusted to 2005 Dollars). This figure is 6.6 percent higher than the median income in State of Tennessee of $42,541 and this is 7.9 percent lower than the median in the US, which is $49,133.

The median household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $40,593, representing a 10.9 percent decline. Hamilton County, Tennessee, in terms of percentage of decline, ranks 8 of 17 counties in percent of decline for the household income level in the State of Tennessee. Hamilton County ranks 185 of 668 counties (or parishes) when comparing the decline in median income level for the United States.

Evaluated with other counties (or parishes) across the nation, Hamilton County, Tennessee can be understood to have a medium-low poverty rate amongst the population, with a poverty rate of 12.1 percent of the individuals existing in families with incomes under the poverty level in 1999. The Black or African American race/ethnicity demographic group, represents the largest rate of poverty with 26.8 percent of the population in 2000 living in poverty. Individuals aged Under 5 years are witness to the most percent living in poverty in Hamilton County, having 19.2 percent of this age group in the area living in poverty.

As the median household income witnessed a decline from 2000 to 2005 in Hamilton County, Tennessee, the Race/Ethnicity group that went through the most dramatic decline in median income was the Black or African American Race/Ethnicity category. This category went through a decline of 21.1 percent since the year 2000. The Asian population category was least influenced by the median household income decline in Hamilton County, seeing a 31.5 percent increase in household income, since the reported levels in 2000.

Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.

Wednesday, November 29, 2006

Demographic Profile for Hamilton County, Tennessee

When calculating the total land area, Hamilton encompasses a total area of 542 total square miles. The area has a high density of 573 persons per square mile, in 2005. Similar counties, in terms of density, in the US include: -- more densely populated -- Campbell, KY (576 per sq. mile ), Pasco, FL (576 per sq. mile ), Sarpy, NE (579 per sq. mile ), -- less densely populated -- Barnstable, MA (573 per sq. mile ), Albany, NY (568 per sq. mile ), Douglas, GA (566 per sq. mile ).

Hamilton County, Tennessee has a population that is made of 74.3 percent White, 20.4 percent African American, 1.5 percent Asian, and 2.4 percent Hispanic. The area population base can be described as having a high level of diversity in terms of race and ethnicity, with 24.3 percent minorities. This is greater than the State of Tennessee percent of 20.9. Since 2000, Hamilton has increased the level of diversity when 23.3 percent of the population was made up of minorities.

Hamilton County, Tennessee had a population of 310,935 in 2005. The total population has increased, since the population in 2000 of 308,011. This growth represents an increase of 0.9 percent. Hamilton ranks 23 of 95 counties when calculating total change in population for Tennessee and the county ranks 676 of 3,141 counties when calculating the total change in county population across the US.

Estimated since the year 2000, a medium-high amount of people have migrated to Hamilton from outside the country. The immigration into Hamilton makes up 5.2 percent of immigration into the State of Tennessee. This percent of immigration can be considered medium-high when comparing levels of immigration per population in 2005.

In the year 2005, the population division of U.S. Census Bureau estimates the median age in Hamilton County, Tennessee to be 39.0 years old. The median age in Hamilton is greater than the median age in the State of Tennessee of 37.3. Since 2000, the area has experienced an increase in the median, when the median age was 37.5 years of age. With 22.1 percent of the population in 2005 being comprised of children and youth younger than 18, Hamilton can be described as having a medium-low proportion of youths. The working age population group (18-64) has a medium-high representation within the estimated 2005 area population, making up 63.8 percent of the population falling in this age category. The retirement (65 and over) group makes up 14.1 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-low proportion of the population.

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

Monday, November 13, 2006

Housing Report for Hamilton County, Tennessee

The residential housing values in Hamilton County, Tennessee have seen large increases from the housing values in 2000. The residential values have increased by $32,800, or 34.6 percent, since their values in that year of $94,700.

Hamilton County recorded median owner-occupied home value in the year 2005 of $127,500, published by the American Community Survey. This median is greater than the overall State of Tennessee 2005 median home value of $114,000 and less than median home value of $167,500 for the rest of the nation in that year.

In Hamilton County, the census reported 143,020 homes in the year 2005. This county has gone through a growth in housing units, adding a total of 6,611 residential units since 2001, or 4.8 percent.

Throughout the State of Tennessee, Hamilton County ranks 33 of 95 by percent in growth of new residential structures. The county places 874 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

According to the data, there is a fair amount of affordable housing in Hamilton County, Tennessee. In 2005, 48.6 percent of residential real estate was valued under $125,000.

Hamilton County is made up of a medium percentage of homes that are high in price. In 2005, the American Community Survey reports that 2.4 percent residential property is valued over $500k.

Data Source: U.S. Census Bureau

Monday, October 30, 2006

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

Manufacturing since the year 2001 lost the most jobs in Hamilton County. The sector faced a loss of 5,103 jobs during the period, or 17 percent of employment in the sector. These losses made up 81.7 percent of the total jobs loss in the County.

In Hamilton County, Manufacturing, Retail Trade, and the Transportation and Warehousing industries have the largest percent of jobs of all industries. The Manufacturing is the largest employment industry and makes up 14.9 percent of all the jobs in the county. This makes up 24,887 employees. The Retail Trade and Transportation and Warehousing industries total 13.9 and 10.6 percent of total employment, respectively.

Management of companies and enterprises saw the biggest increase in jobs since the year 2001 in Hamilton County, rising by 21.9 percent. This is greater than the industry employment change in the United States of 1.6 percent. The State of Tennessee had an industry job change of -0.3 percent, during the period.

Management of companies and enterprises has a largest number of employee per establishment in Hamilton County. The industry averages 96 employees per business. This is greater than the industry's average in the United States of 40 and greater than the State of Tennessee average establishment size of 37 for the Management of companies and enterprises industry.

In Hamilton County, Transportation and Warehousing, Finance and insurance and Management of companies and enterprises industries, in terms of United States location quotient, are the most dominant in the region. The Transportation and Warehousing industry has an LQ of 2.87. The percent of employment in the Transportation and Warehousing industry is 2.87 times greater than the national average, signifying that Hamilton specializes in Transportation and Warehousing.







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

 

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