Wednesday, March 21, 2007

In Monroe County, jobs in the management and technical consulting services pay the highest wages


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Employment in the management and technical consulting services industry reported the top wages in Monroe County for the 2nd quarter of 2006. The average worker in the industry in Monroe County received a wage of $321,723 in 2006. The average wage is greater than the industry wage in Tennessee of $54,916 and greater than then the pay for jobs in this industry in the United States of $67,321.

Other top-pay jobs in Monroe County, Tennessee are present in misc. durable goods merchant wholesalers ($131,696), management of companies and enterprises ($93,976), computer systems design and related services ($82,178) and electronic markets and agents and brokers ($67,650) industries. Note: For Detail Comparison, Click the Above Graph

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

Monroe County Wages have increased by 23.3% Since 2001


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From 2001 to 2006, average industry wages increased in Monroe County, Tennessee by a total of 23.3%. This is greater than the growth in industry wages for 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

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


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The overall industry wages in Monroe County, Tennessee can be understood as being medium-high when compared to other 2nd quarter of 2006 County wages throughout the state. The average pay is 18.3 percent lower than the with an state average of $36,146. The average industry wage was less than the US average pay 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

Monroe County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Monroe County

Of the industries (4-digit NAICS) in the area, the Ship and boat building industry has grown the most with 413 employees finding new jobs in the industry. The employment growth in the Ship and boat building industry makes up 26.9 percent of the total growth in Monroe County.

Top 5 Industries
1. Ship and boat building (413 new jobs)
2. Cut and sew apparel manufacturing (198 new jobs)
3. Depository credit intermediation (181 new jobs)
4. Limited-service eating places (138 new jobs)
5. Other specialty trade contractors (93 new jobs)

In Monroe County, Tennessee, the entire sum of jobs in all industries overall has increased by 2,160 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

From the 42 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 14 reported job growth in the duration of the last five years and 28 industry sectors accounting for employment declines during that time period.

Total Five-Year Employment Decline in Monroe County

Of the area's industries (4-digit NAICS), the General freight trucking industry experienced most substantial job loss, losing 295 jobs. The declines in the General freight trucking industry make up 65.2 percent of the employment lost during the period in Monroe County, Tennessee.

Top 5 Industries
1. General freight trucking (295 jobs lost)
2. Management of companies and enterprises (79 jobs lost)
3. Highway, street, and bridge construction (17 jobs lost)
4. Automotive repair and maintenance (13 jobs lost)
5. Other miscellaneous store retailers (11 jobs lost)

Total employment has increased by 20.4 percent since the 2nd Quarter figures of 2001. This change is greater than growth in the State of Tennessee, experiencing a gain of 3.3 percent since 2001 ( 2nd Quarter). The gains felt were greater than than the gain seen for the United States of 2.6 percent.

Monroe County Five-Year Percentage Growth in Employment

The Private households industry has witnessed the largest percentage of employment expansion, increasing by 241.7 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Monroe County has added employment faster than the growth seen in the industry for Tennessee, where the industry felt a loss of 5.8 percent. The Private households industry in Monroe County outpaced the national average, which felt a gained 19.8 percent of the industry employment.

Top 5 Industries
1. Private households (241.7 percent gain)
2. Other specialty trade contractors (171.2 percent gain)
3. Offices of real estate agents and brokers (167.6 percent gain)
4. Consumer goods rental (145.0 percent gain)
5. Architectural and engineering services (72.2 percent gain)

Monroe County Five-Year Percentage Decline in Employment

The General freight trucking industry has lost the largest amount of employment in terms of percentage, losing 89.2 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has felt in the State of Tennessee, where the industry sector experienced a loss of 2.3 percent. The losses in the General freight trucking industry in Monroe County outpaced the United States industry losses overall. During this period, the United States gained 0.2 in percent of jobs in the General freight trucking industry.

Top 5 Industries
1. General freight trucking (89.2 percent decline)
2. Management of companies and enterprises (64.5 percent decline)
3. Lawn and garden equipment and supplies stores (35 percent decline)
4. Highway, street, and bridge construction (34 percent decline)
5. Unclassified (33.3 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

Monroe County One-Year Industry Employment Change

Monroe County One-Year Percentage Decline in Employment

The General freight trucking industry has lost the largest amount of employment in terms of percentage, losing 75.2 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has gone through in the Tennessee, where the industry felt a gain of 2.5 percent. The losses in the General freight trucking industry in Monroe County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 2.3 percent in terms of employment in the General freight trucking industry.

Top 5 Industries
1. General freight trucking (75.2 percent decline)
2. Other miscellaneous store retailers (40.2 percent decline)
3. Building foundation and exterior contractors (34.6 percent decline)
4. Management and technical consulting services (22.2 percent decline)
5. Insurance agencies, brokerages, and related (16.7 percent decline)

Monroe County One-Year Percentage Growth in Employment

The Personal care services industry has experienced the largest percentage growth, expanding by 115.4 percent from 2005 to 2006. This industry in Monroe County has increased employment faster than the industry has grown in the State of Tennessee, where it saw a gain of 2.4 percent. The Personal care services industry in Monroe County outpaced the nation in terms of industry employment growth . During this period, the nation gained 2.3 percent in this industry.

Top 5 Industries
1. Personal care services (115.4 percent gain)
2. Unclassified (100.0 percent gain)
3. Highway, street, and bridge construction (73.7 percent gain)
4. Other motor vehicle dealers (49.2 percent gain)
5. Other specialty trade contractors (29.2 percent gain)

The total number of jobs has increased by 2.8 percent since the 2nd Quarter of 2005. This is greater than percent in the State of Tennessee, which saw a gain of 1.9 percent from 2005 (2nd Quarter). The gains the area experienced were greater than than the gain experienced overall in the US of 2.0 percent.

Total One-Year Employment Decline in Monroe County

Of the area's industries (4-digit NAICS), the General freight trucking industry faced the greatest employment loss with a total loss of 108 jobs during the period. The employment lost in the General freight trucking industry make up 57.4 percent of the total job loss in Monroe County, Tennessee.

Top 5 Industries
1. General freight trucking (108 jobs lost)
2. Other miscellaneous store retailers (24 jobs lost)
3. Building foundation and exterior contractors (12 jobs lost)
4. Insurance agencies, brokerages, and related (6 jobs lost)
5. School and employee bus transportation (5 jobs lost)

In Monroe County, Tennessee, the total number of workers for all sectors has increased by 353 jobs between mid-2005 and mid-2006.

From the 48 4-digit NAICS industries, 20 accounted an for increase in employment during the period and 27 industry sectors reported declines during the time period.

Total One-Year Employment Growth in Monroe County

From the industries (4-digit NAICS) in the area, the Ship and boat building industry has grown the most with 100 employees finding new jobs in the industry. The employment growth in the Ship and boat building industry makes up 25.3 percent of the total growth in Monroe County.

Top 5 Industries
1. Ship and boat building (100 new jobs)
2. Depository credit intermediation (59 new jobs)
3. Full-service restaurants (48 new jobs)
4. Gasoline stations (36 new jobs)
5. Other specialty trade contractors (33 new jobs)





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 Monroe County, Tennessee

When compared to other counties (and parishes) throughout the United States, Monroe County had a medium-low household income of $35,494 (2005 Dollars). This median is 19.9 percent lower than the median in State of Tennessee of $42,541 and the median household income is 38.4 percent lower than the median for the rest of the nation, which is a reported $49,133.

Evaluated with other counties (or parishes) across the nation, Monroe County, Tennessee may be understood as having a medium-high poverty rate amid the residents with a poverty rate of 15.5 percent of the population with family incomes below the 1999 poverty level. The Asian race/ethnicity demographic category, owns the foremost rate of poverty with 23.8 percent of the 2000 population living in poverty. People that are of the age 75 years and over have the most percent of people living in poverty in Monroe County, with 23.7 percent of this demographic group living with incomes under poverty.

Black or African American householders reported household income levels that were 20.6 percent less than the total 2000 reported median, with a their median reported to be $28,193. The Asian headed households reported median household incomes of $18,428. This median income level is 48.1 percent less than the reported median for all households in the area. The American Indian and Alaska Native households in Monroe County reported an income level of $25,009, this was 29.5 percent less than the median income level in this area. In Monroe County, Tennessee White headed households reported a median household income (2005 Dollars) of $35,849 according to the 2000 Dencennial Census, which was 1 percent greater than the median in the year 2000. Hispanic households in Monroe County, Tennessee recorded a median income of $30,128, this median is 15.1 percent less than the reported median household income for all households in the area.







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

Wednesday, December 20, 2006

Higher Education in Monroe County, Tennessee

In Monroe County, Tennessee as reported in the 2000 Census, 10.2 percent of the White Alone, 7.4 percent of Black or African American, 24.6 percent of the Asian alone and 9.4 percent of the Hispanic or Latino population (over 25) has obtained a Bachelors Degree or Higher.

Monroe County, Tennessee is made up of a less-educated working age population, with 10 percent of the population over 25 years old having received at least a Bachelors Degree, according to the Decennial Census of 2000. Monroe was reported to have a lower percent of the population with at least a Bachelors than the State of Tennessee's proportion of 19.6 percent and a lower percent than the US proportion of 24.4 percent.

The 2000 Decennial Census reported that in Monroe County, Tennessee, the most common level of education achieved in the area for the male population is the High School Diploma category, with 37.4 percent obtaining this level of education. The women in Monroe have achieved a greater level of higher education (Bachelors or Higher) than the men in the area: 9.6 percent (Men) versus 10.6 percent (Women). The most common level of education for women in the area is High School Diploma category, with 37 percent of the areas female population attaining this level of education.





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

Wednesday, November 29, 2006

Demographic Profile for Monroe County, Tennessee

Estimated since the year 2000, a medium-low number of individuals have migrated to Monroe from outside the country. The immigration into Monroe accounts for 0.4 percent of the total migration into the State of Tennessee. This percent of international migration is medium-low when comparing levels of immigration per population in 2005.

Monroe County, Tennessee had an estimated population of 43,185 in the year 2005. The population has increased sharply, since its 2000 population of 39,186. This growth denotes an increase of 10.2 percent. Monroe ranks 20 of 95 counties when analyzing total population change in Tennessee and the county ranks 575 of 3,141 counties when analyzing total county population change across the nation.

In the year 2005, the population division of U.S. Census Bureau estimates the median age in Monroe County, Tennessee to be 37.3 years old. The median in Monroe is equal to the median in Tennessee of 37.3. Since 2000, the area has experienced an increase in this median, when at that time it was 36.8 years old. With 23.1 percent of the 2005 population being comprised of individuals under the age of 18, Monroe can be understood as being made up of a medium-high percent of individuals under 18. The working age population group (18-64) has a medium-high presence of the population, with 62.9 percent of the population makes up this age category. The retirement (65 and over) age group comprises 13.9 percent of the total population in the area. Compared to other counties in the US, this represents a medium-low proportion of the area population base.

When measuring the total land area, Monroe covers a total land area of 635 square miles. This area has a medium-low average population density of 68 persons per square mile, in 2005. Similar counties, in terms of density, in the US include: -- more densely populated -- Saline, IL (68 per sq. mile ), Bourbon, KY (68 per sq. mile ), Goochland, VA (68 per sq. mile ), -- less densely populated -- Taney, MO (68 per sq. mile ), Pierce, WI (68 per sq. mile ), Sumter, GA (68 per sq. mile ).

Monroe County, Tennessee has a population that is comprised of 93.3 percent White, 2.1 percent African American, 0.6 percent Asian, and 2.7 percent Hispanic. The population mix can be considered to have a modest level of diversity in terms of race and ethnicity, with 5.4 percent of minorities in the 2005 population base. This is less than the State of Tennessee percent of 20.9. Since 2000, Monroe has increased the percent of minority population when 4.5 percent of the total population were minorities.

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

Monday, November 13, 2006

Housing Report for Monroe County, Tennessee

In Monroe County, the census reported 18,351 housing structures in 2005. The area has seen growth in housing units, adding all together 733 housing units since the year 2001, or 4.2 percent.

Monroe County has a small, but present proportion of residential real estate that is high priced. In 2000, the Decennial Census reports that 0.5 percent residential property is valued over $500k.

In the State of Tennessee, Monroe County stands 37 of 95 in terms of percentage growth in new housing structures. The county ranks 1,022 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

Monroe County had a median home value in the year 2000 of $79,400, according to the Decennial Census. This median is less than the State of Tennessee 2000 median owner-occupied dwelling value of $93,000 and less than median home value of $119,600 for the rest of the nation in that year.

It can be understood that there is a large amount affordable residential real estate in Monroe County, Tennessee. In 2000, 80.4 percent of owner-occupied dwellings were valued under $125k.



Data Source: U.S. Census Bureau

Monday, October 30, 2006

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

In Monroe County, Manufacturing, Retail Trade and Wholesale trade have the highest US LQ in 2005. The Manufacturing industry has an LQ of 3.63. In other words, the percent of total jobs in the Manufacturing industry is 3.63 times more than the average percent in the United States, revealing signs that Monroe County produces more than its local requirement of products and/or services of Manufacturing.

Administrative and waste services has had the highest level of job growth from 2001-2005 in Monroe County, increasing in size by 314.9 percent. This is greater than the rate of employment change across the nation of 4.5 percent. The State of Tennessee experienced a change in employment in the sector of 3.8 percent, in the duration of 2001 to 2005.

In Monroe County, Manufacturing, Retail Trade, and the Health care and social assistance sectors, in terms of total employment, are the largest. Manufacturing is the largest employment industry and makes up 46.6 percent of total employment in the county, making up 5,676 employees. The Retail Trade and Health care and social assistance sectors provide 13.4 and 9.1 percent of industry employment.

Manufacturing has the largest employers in Monroe County, averaging 85 jobs per place of business. This is greater than the industry's average in the United States of 39 and greater than the Tennessee establishments size average of 56 for the Manufacturing industry.









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

 

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