Wednesday, March 21, 2007

In Obion County, jobs in the architectural and engineering services pay the highest wages


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People with jobs in the architectural and engineering services industry reported the top wages in Obion County for 2006. The average industry job in Obion County earned an annual wage of $47,761 in 2006. The average wage is less than the industry wage rate in Tennessee of $55,148 and less than then the wage for jobs in this industry at the United States Level of $63,540.

Other top-pay jobs in Obion County, Tennessee are present in offices of physicians ($47,170), nondepository credit intermediation ($45,076), architectural and structural metals mfg. ($42,771) and automobile dealers ($39,668) 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

Obion County Wages have increased by 14.8% Since 2001


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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in Obion County, Tennessee by a total of 14.8%. This is less than the growth in average industry wages for Tennessee and less 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

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


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Total wages in all industries in Obion County, Tennessee when analyzed can be described as relatively high when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 3.7 percent lower than the state, which accounted an average 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

Obion County Five-Year Industry Employment Change

Obion County Five-Year Percentage Decline in Employment

The Building finishing contractors industry has lost the largest amount of employment in terms of percentage, losing 64.5 percent from 2001 (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 it saw a gain of 3.9 percent. The losses in the Building finishing contractors industry in Obion County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 17.4 percent in terms of employment in the Building finishing contractors industry.

Top 5 Industries
1. Building finishing contractors (64.5 percent decline)
2. Drycleaning and laundry services (63.9 percent decline)
3. Lessors of real estate (60.3 percent decline)
4. Consumer goods rental (40.4 percent decline)
5. Building equipment contractors (35.5 percent decline)

Obion County Five-Year Percentage Growth in Employment

The Misc. durable goods merchant wholesalers industry has gone through the largest job growth by percent, increasing by 365.7 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Obion County has expanded faster than the growth seen in the industry for Tennessee, where the industry felt a gain of 23.1 percent. The Misc. durable goods merchant wholesalers industry in Obion County outpaced the nation in terms of industry employment growth . During this period, the nation gained 6.4 percent in this industry.

Top 5 Industries
1. Misc. durable goods merchant wholesalers (365.7 percent gain)
2. Electronic markets and agents and brokers (204.3 percent gain)
3. Full-service restaurants (173.5 percent gain)
4. Health and personal care stores (139.5 percent gain)
5. Machinery and supply merchant wholesalers (77.1 percent gain)

Total industry employment has decreased by 6.8 percent since the 2nd Quarter of 2001. This is greater than growth in the State of Tennessee, which experienced a gain of 3.3 percent from 2001 (2nd Quarter). The losses the area experienced were greater than than the gain seen for the United States of 2.6 percent.

Of the 42 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 20 reported job growth in the duration of the last five years and 21 industry sectors accounting for employment declines during that time period.

In Obion County, Tennessee, the total number of jobs throughout all industries has decreased by 882 jobs between mid-2001 and mid-2006.

Total Five-Year Employment Growth in Obion County

The Full-service restaurants industry has accounted the most employment growth with a total of 301 employees finding new jobs in the industry. The employment growth in the Full-service restaurants industry makes up 44.0 percent of the total employment growth in Obion County.

Top 5 Industries
1. Full-service restaurants (301 new jobs)
2. Misc. durable goods merchant wholesalers (43 new jobs)
3. Health and personal care stores (40 new jobs)
4. Other miscellaneous store retailers (39 new jobs)
5. Accounting and bookkeeping services (35 new jobs)

Total Five-Year Employment Decline in Obion County

From of the area's 4-digit NAICS industries, the Building equipment contractors industry experienced most substantial job loss, losing 201 jobs in that time period. The declines in the Building equipment contractors industry make up 39.0 percent of the jobs lost during the period in Obion County, Tennessee.

Top 5 Industries
1. Building equipment contractors (201 jobs lost)
2. Limited-service eating places (101 jobs lost)
3. Gasoline stations (49 jobs lost)
4. Lessors of real estate (26 jobs lost)
5. Building finishing contractors (26 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.

Monday, January 22, 2007

Obion County One-Year Industry Employment Change

Obion County One-Year Percentage Decline in Employment

The Nondepository credit intermediation industry has lost the biggest percent of jobs, losing 53.4 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has experienced in the State of Tennessee, where the industry felt a loss of 2.6 percent. The losses in the Nondepository credit intermediation industry in Obion County outpaced the US in terms of percent of decline of industry employment. The US gained 2 in percent of jobs in the Nondepository credit intermediation industry.

Top 5 Industries
1. Nondepository credit intermediation (53.4 percent decline)
2. Machine shops and threaded product mfg. (33.5 percent decline)
3. Legal services (18.3 percent decline)
4. Consumer goods rental (17.4 percent decline)
5. Building equipment contractors (16.3 percent decline)

Obion County One-Year Percentage Growth in Employment

The Management and technical consulting services industry has seen the largest percentage job growth, expanding by 145.5 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Obion County has added employment faster than the industry has grown in the State of Tennessee, where it saw a gain of 0.4 percent. The Management and technical consulting services industry in Obion County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 9.5 percent of the employment in this industry.

Top 5 Industries
1. Management and technical consulting services (145.5 percent gain)
2. Traveler accommodation (27.2 percent gain)
3. Machinery and supply merchant wholesalers (20.5 percent gain)
4. Automotive repair and maintenance (16.8 percent gain)
5. Drycleaning and laundry services (16.7 percent gain)

Total industry employment has decreased by 0.9 percent since the 2nd Quarter of 2005. This is greater than percent in Tennessee, which saw a gain of 1.9 percent from 2005 (2nd Quarter). The losses the area experienced were greater than than the gain felt at the national level of 2.0 percent.

Total One-Year Employment Growth in Obion County

Of the industries (4-digit NAICS) in the area, the Traveler accommodation industry has added the most employment with 19 new jobs created in the period. The job growth in the Traveler accommodation industry makes up 21.0 percent of the total employment growth in Obion County.

Top 5 Industries
1. Traveler accommodation (19 new jobs)
2. Metalworking machinery manufacturing (11 new jobs)
3. Other miscellaneous store retailers (10 new jobs)
4. Automotive repair and maintenance (9 new jobs)
5. Machinery and supply merchant wholesalers (8 new jobs)

Out of the 46 4-digit NAICS industries, 25 reported job growth in the duration of the year and 18 industries reported a drop in employment.

Total One-Year Employment Decline in Obion County

Of the area's industries (4-digit NAICS), the Building equipment contractors industry witnessed the largest drop in employment, losing a total of 71 jobs during the time period. The jobs lost in the Building equipment contractors industry make up 21.8 percent of the jobs lost during the period in Obion County, Tennessee.

Top 5 Industries
1. Building equipment contractors (71 jobs lost)
2. Employment services (44 jobs lost)
3. Full-service restaurants (39 jobs lost)
4. Nondepository credit intermediation (29 jobs lost)
5. Machine shops and threaded product mfg. (24 jobs lost)

In Obion County, Tennessee, the aggregate employment for all industry sectors has decreased by 105 jobs between mid-2005 and mid-2006.





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 Obion County, Tennessee

Black or African American householders reported a median household income that was 44.6 percent less than the total 2000 reported median, with a their median reported to be $21,245. It was reported in 2000 that the Asian headed households had median household incomes of $177,714. This income level is 363.6 percent greater than the reported median household income, in the area, for all households. Hispanic Householders in Obion County, Tennessee reported a median household income of $26,116, this median household income is 31.9 percent less than the areas median income level for all households. The American Indian and Alaska Native households in Obion County reported a median household income of $11,212, this was 70.8 percent less than the median level for total households in the area. In Obion County, Tennessee White householders had a median income (2005 Dollars) of $40,241 as reported in 2000 by the census, which was 5 percent greater than the median in 2000.

When put side-by-side with other counties (or parishes) throughout the United States, Obion County, Tennessee may be understood as having a medium-high rate of poverty among its population, accounting a rate of 13.3 percent of the population with family incomes below the 1999 poverty level. The American Indian and Alaska Native race/ethnicity demographic group, represents the largest rate of poverty with 64.3 percent of the people in 2000 living in poverty. The population that is aged 6 to 11 years are experiencing most percent people in poverty in Obion County, accounting 22.2 percent of this demographic group living with incomes under poverty.

Compared to other counties (and parishes) throughout the nation, Obion County was reported to have a medium-low median income for all households of $38,334 (Adjusted to 2005 Dollars). This figure is 11 percent lower than the household income median in State of Tennessee of $42,541 and the income level is 28.2 percent lower than the median household income in the United States of $49,133.







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

Monday, November 13, 2006

Housing Report for Obion County, Tennessee

Obion County had a median home value in the year 2000 of $67,500, reported by the Decennial Census. This is less than the State of Tennessee 2000 median home value of $93,000 and less than median home value of $119,600 across the nation during that year.

In Obion County, there were a total of 14,866 housing structures in 2005. The area has seen growth in housing units, adding in all 209 housing units since the year 2001, or 1.4 percent.

Throughout the State of Tennessee, Obion County ranks 93 of 95 in terms of percentage growth in new housing structures. The county ranks 2,379 of 3,141, comparing the percentage change in residential in other US counties.

According to the data, there is a large amount of housing that is affordable in Obion County, Tennessee. In 2000, 87 percent of owner-occupied dwellings were valued under $125k.





Data Source: U.S. Census Bureau

Monday, October 30, 2006

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

Accommodation and food services is an attractive industry due to its high level of job growth since the year 2001 in Obion County, growing in new jobs by 42.8 percent. This is greater than the change of total jobs in the industry for the United States of 7.6 percent. The State of Tennessee had changed in sector employment of 11.8 percent, in the period of time since 2001.

Manufacturing since the year 2001 was faced with the largest loss in employment in Obion County. The sector dealt with a loss of 1,216 jobs, or 20.7 percent of industry's employment. The industry declines made up 71.5 percent of all employment losses in the county.

In Obion County, Manufacturing, Retail Trade and Wholesale trade industries, in terms of United States location quotient, are the most dominant in the region. The Manufacturing industry has a US LQ in the county of 3.05. In other words, the percent of total jobs in the Manufacturing industry is 3.05 times more than the average percent in the United States, revealing signs that Obion County may specialize, or be an exporter of Manufacturing.

Obion is the County that is ranked 33 of 96 Counties in the State of Tennessee in terms of total 2005 employment. The County’s employment ranking has moved up since the year 2001, when it was ranked 28 of 96 Counties.

The Manufacturing industry decreased the most in percent of total employment in Obion County since 2001, going from making up 45.9 percent of employment in 2001 to 39.1 percent of employment in 2005.

Manufacturing has a largest number of employee per establishment in Obion County, averaging 123 workers per each place of employment, being greater than the industry's national average of 39 and greater than the Tennessee establishments size average of 56 for the Manufacturing industry.

In Obion County, Manufacturing, Retail Trade, and the Accommodation and food services industries have the largest percent of jobs of all industries. The Manufacturing is the major employer in the county making up 39.1 percent of all the jobs in the county. This makes up 4,670 employees. The Retail Trade and Accommodation and food services industries total 16.3 and 7.6 percent of total employment, respectively.



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

 

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