Wednesday, March 21, 2007

In Rutherford County, jobs in the securities and commodity contracts brokerage pay the highest wages


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Employment in the securities and commodity contracts brokerage industry wages were the highest in Rutherford County for 2006. The average worker in the industry in Rutherford County earned an annual wage of $137,441 in 2nd quarter of 2006. The pay is greater than the industry wage in Tennessee of $103,002 and less than then the pay for jobs in this industry across the nation of $138,150.

Top-pay jobs in Rutherford County, Tennessee may be found in support activities for air transportation ($86,650), computer systems design and related services ($71,918), vending machine operators ($64,831) and electrical equipment manufacturing ($64,044) industries. Note: Click the above Graphic 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

Rutherford County Wages have increased by 18.6% Since 2001


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Industry wages, from 2001 to 2006, have increased in Rutherford County, Tennessee by a total of 18.6%. This is less than the growth in industry wages for the State of Tennessee and greater than the growth in industry wages for the nation as a whole.

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

Rutherford County Five-Year Industry Employment Change

Total Five-Year Employment Decline in Rutherford County

The Book, periodical, and music stores industry faced the greatest employment loss with a total loss of 373 jobs in that time period. The declines in the Book, periodical, and music stores industry make up 24.0 percent of the employment lost during the period in Rutherford County, Tennessee.

Top 5 Industries
1. Book, periodical, and music stores (373 jobs lost)
2. Electronic equipment repair and maintenance (173 jobs lost)
3. Misc. nondurable goods merchant wholesalers (123 jobs lost)
4. Outpatient care centers (106 jobs lost)
5. Other miscellaneous manufacturing (97 jobs lost)

In Rutherford County, Tennessee, the total number of jobs throughout all industries has increased by 18,636 jobs from mid-2001 to mid-2006.

Given the 107 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 31 described an expansion of jobs throughout the time period, while 76 industries reported a drop in employment.

Total Five-Year Employment Growth in Rutherford County

Of the industries (4-digit NAICS) in the area, the Employment services industry has accounted the most employment growth with a total of 1,906 employees finding new jobs in the industry. The employment growth in the Employment services industry makes up 13.2 percent of the total employment growth in Rutherford County.

Top 5 Industries
1. Employment services (1,906 new jobs)
2. Full-service restaurants (1,074 new jobs)
3. General freight trucking (1,017 new jobs)
4. Motor vehicle parts manufacturing (895 new jobs)
5. Limited-service eating places (828 new jobs)

Rutherford County Five-Year Percentage Growth in Employment

The Machine shops and threaded product mfg. industry has experienced the largest percentage growth, expanding by 1001.2 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Rutherford County has grow faster than the industry has grown in the State of Tennessee, where it saw a gain of 6.4 percent. The Machine shops and threaded product mfg. industry in Rutherford County outpaced the national average, which felt a gained 0.4 percent.

Top 5 Industries
1. Machine shops and threaded product mfg. (1001.2 percent gain)
2. Technical and trade schools (256.0 percent gain)
3. Clothing stores (169.0 percent gain)
4. Direct selling establishments (150.8 percent gain)
5. Misc. durable goods merchant wholesalers (138.0 percent gain)

Total industry employment has increased by 27.9 percent since the 2nd Quarter of 2001. This is greater than growth in Tennessee, which went through a gain of 3.3 percent since 2001 ( 2nd Quarter). The gains in the area were greater than than the gain felt at the national level of 2.6 percent.

Rutherford County Five-Year Percentage Decline in Employment

The Securities and commodity contracts brokerage industry has seen the largest percentage drop in employment, losing 83.1 percent of the jobs from 2001 to 2006. These have declined faster than the industry has seen in the Tennessee, where the industry felt a loss of 10.3 percent. The losses in the Securities and commodity contracts brokerage industry in Rutherford County outpaced the United States industry losses overall. During this period, the United States lost 13.1 in percent of jobs in the Securities and commodity contracts brokerage industry.

Top 5 Industries
1. Securities and commodity contracts brokerage (83.1 percent decline)
2. Medical equipment and supplies manufacturing (72.4 percent decline)
3. Electronic equipment repair and maintenance (68.6 percent decline)
4. Death care services (49 percent decline)
5. Outpatient care centers (47.1 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

Rutherford County One-Year Industry Employment Change

Rutherford County One-Year Percentage Growth in Employment

The Motor vehicle and parts merchant wholesalers industry has seen the largest percentage job growth, expanding by 75.8 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Rutherford County has increased employment faster than the overall industry growth seen in the State of Tennessee, where the industry felt a gain of 1.7 percent. The Motor vehicle and parts merchant wholesalers industry in Rutherford County outpaced the United States, which experienced a gained 1.5 percent of the industry employment.

Top 5 Industries
1. Motor vehicle and parts merchant wholesalers (75.8 percent gain)
2. Activities related to credit intermediation (63.1 percent gain)
3. Independent artists, writers, and performers (57.1 percent gain)
4. Household goods repair and maintenance (46.9 percent gain)
5. Local messengers and local delivery (45.8 percent gain)

Rutherford County One-Year Percentage Decline in Employment

The Specialty food stores industry has lost the largest percent of jobs, losing 76.4 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has experienced in the State of Tennessee, where the it saw a loss of 4.5 percent. The losses in the Specialty food stores industry in Rutherford County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 2 percent in terms of employees in the Specialty food stores industry.

Top 5 Industries
1. Specialty food stores (76.4 percent decline)
2. Investigation and security services (68.9 percent decline)
3. Automotive equipment rental and leasing (50.6 percent decline)
4. Book, periodical, and music stores (45.1 percent decline)
5. Metal and mineral merchant wholesalers (37.4 percent decline)

Total employment has increased by 2.4 percent from the reported values in 2005. These values are greater than growth in Tennessee, which experienced a gain of 1.9 percent since the 2nd Quarter of 2005. The gains felt were greater than than the gain felt at the national level of 2.0 percent.

Total One-Year Employment Growth in Rutherford County

The Full-service restaurants industry has accounted the most employment growth with a total of 300 total jobs brought in during the period. The growth in the Full-service restaurants industry makes up 9.7 percent of the total growth in Rutherford County.

Top 5 Industries
1. Full-service restaurants (300 new jobs)
2. Warehousing and storage (288 new jobs)
3. Motor vehicle parts manufacturing (235 new jobs)
4. Building equipment contractors (207 new jobs)
5. General freight trucking (158 new jobs)

Total One-Year Employment Decline in Rutherford County

From of the area's 4-digit NAICS industries, the Book, periodical, and music stores industry experienced most substantial job loss, losing 420 jobs during the period. The employment lost in the Book, periodical, and music stores industry make up 22.3 percent of the total job loss in Rutherford County, Tennessee.

Top 5 Industries
1. Book, periodical, and music stores (420 jobs lost)
2. Employment services (398 jobs lost)
3. Investigation and security services (138 jobs lost)
4. Automotive equipment rental and leasing (98 jobs lost)
5. Other miscellaneous manufacturing (86 jobs lost)

In Rutherford County, Tennessee, the entire sum of jobs in all industries overall has increased by 1,973 jobs from mid-2005 to mid-2006.

Of the 124 industries with industry data reported by the BLS in each quarter, 37 described an expansion of jobs throughout the time period, while 86 industries reported employment loss in the 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 Rutherford County, Tennessee

The rate of poverty in Rutherford County, Tennessee has increased by 3.5 percent from the rates reported in the Decennial Census, moving from 9 percent to 12.5 percent.

When put side-by-side with other counties (or parishes) throughout the United States, Rutherford County, Tennessee may be understood as having a rate of poverty among the people, accounting a rate of 9.0 percent of the population with family incomes below the 1999 poverty level. The Hispanic race/ethnicity demographic group, represents the largest rate of poverty with 22 percent of the 2000 population living in poverty. People that are of the age 75 years and over are witness to the most percent living in poverty in Rutherford County, reporting 11.6 percent of this age group in the area living in poverty.

Compared to other counties (and parishes) throughout the nation, Rutherford County had a relatively high median income for households of $54,185 (Adjusted to 2005 Dollars). This is 21.5 percent higher than the household income median in State of Tennessee of $42,541 and this is 9.3 percent higher than the median household income in the United States of $49,133.

The Asian householders in the area have reported their median household incomes at $66,398. This income level is 22.5 percent greater than the reported median household income for all households in the area. Hispanic in Rutherford County, Tennessee recorded a median income of $43,064, which is 20.5 percent less than the reported median household income for all households in the area. Black or African American headed households had median income levels that were 21.2 percent less than the total 2000 reported median, with a their median reported to be $42,690. The American Indian and Alaska Native headed households in Rutherford County reported an income level of $51,838, which was 4.3 percent less than the median level for total households in the area. In Rutherford County, Tennessee White headed households reported household income (in 2005 Dollars) of $55,456 according to the Decennial Census of 2000, which was 2.3 percent greater than the median household income in 2000.

While household income level experienced a decline from 2000 to 2005 in Rutherford County, Tennessee, the Race/Ethnicity group that experienced the largest decline in the household income level was the Hispanic Race/Ethnicity category. This category went through a decline of 48.2 percent since 2000. The Asian population category was least influenced by the median household income decline in Rutherford County, undergoing a 9.3 percent decline in household income, since the reported levels in 2000.

The median household income in the area has declined from the inflation-adjusted values in 2000. The income level has decreased to $47,372, posting a 12.6 percent decline. Rutherford County, Tennessee, when analyzing percentage of decline, ranks 5 of 17 counties in percent of decline for the household income level in the State of Tennessee. Rutherford County ranks 111 of 668 counties (or parishes) in terms of the decline in household income across the nation.

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

Wednesday, December 20, 2006

Higher Education in Rutherford County, Tennessee

In Rutherford County, Tennessee according to the Decennial Census of 2000, 23.4 percent of the White Alone, 18.8 percent of Black or African American, 31.2 percent of the Asian alone and 11.8 percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

Rutherford County, Tennessee is made up of a highly-educated 2000 population, with 23 percent of the population (+25) having received a BA or higher, as reported the 2000 Decennial Census. Rutherford was reported to have a higher percent of highly educated individuals 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 Rutherford County, Tennessee, the most common level of education achieved in the area for the male population is the High School Diploma category, with 30.2 percent achieving this level. The female population in Rutherford have achieved a lower level of higher education (Bachelors or Higher) than men; 23.8 percent (Men) versus 22 percent (Women). Many of the women in the area have achieved the High School Diploma category, with 33.4 percent of women in the area reaching this education level.

Since 2000, Rutherford has increased in the population percent with a Bachelors Degree or Higher. This population percent has grown by 3.8 percent to a total of 26.8 percent in 2005, according to the American Community Survey. The 2005 proportion of highly educated population is greater than the State of Tennessee percent of 21.8 and less than the average US percent of 27.2.

From 2000 to 2005, the percent of male population that is highly educated has increased by 5.0 percent. In the year 2005, 29 percent of total male population (over 25), in this area, held at least a Bachelors Degree. At the same time, the percent of women (over 25) holding a BA or higher has increased by a total of 2.6 percent. By the year 2005, a total of 24.6 percent of the female population had achieved this level of education.

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

Monday, November 13, 2006

Housing Report for Rutherford County, Tennessee

In Rutherford County, the real estate market was made up of 90,147 homes in 2005. The county has experienced a growth in housing units, adding in all 15,154 residential structures since 2001, a change of 20.2 percent.

The owner-occupied dwellings in Rutherford County, Tennessee have moderate increases since their reported values in 2000. The values have increased by $26,600, or 23.4 percent, from when in 2000 they were valued at $113,500.

The State of Tennessee, Rutherford County stands 1 of 95 by percentage growth in residential real estate. The county is positioned 45 of 3,141, in terms of residential real estate percentage change change in the United States.

Rutherford County had an owner-occupied dwelling median in 2005 of $140,100, reported by the American Community Survey. This home value is greater than the overall State of Tennessee 2005 median home value of $114,000 and less than median owner-occupied dwelling value of $167,500 across the United States during the same year.

There seems to be a fair amount of real estate that is affordable in Rutherford County, Tennessee. In 2005, 40.6 percent of the homes were valued under $125,000.

Rutherford County may be be described as having a medium percentage of homes that are high in price. In 2005, the American Community Survey reports that 1.6 percent of the homes were valued over $500,000.

Data Source: U.S. Census Bureau

Monday, October 30, 2006

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

Administrative and waste services has grown in employment, since the year 2001, more than any other industry in Rutherford County, with an industry growth of 93.9 percent. This is greater than the United States industry change in employment of 4.5 percent. The State of Tennessee saw a change in employment in the sector of 3.8 percent, in the course of time since 2001.

In Rutherford County, Manufacturing, Administrative and waste services, and the Retail Trade sectors are the largest industries, in terms of total number of jobs in 2005. The Manufacturing produces the largest number of jobs in the area accounting for 26.8 percent of the total county employment. This totals 22,391 employees. The Administrative and waste services and Retail Trade industries total 12.6 and 12.5 percent of total employment, respectively.

Information since the year 2001 was faced with the largest loss in employment in Rutherford County. The sector faced a loss of 676 jobs during the period, or 18.7 percent of jobs in the industry. The losses in this industry made up 94 percent of all county employment losses since 2001.

Information has the largest businesses in Rutherford County. In the County, the industry averages 109 workers per each place of employment, being greater than the US industry average of 22 and greater than the State of Tennessee average establishment size of 21 for the Information industry.

In Rutherford County, Manufacturing, Administrative and waste services and Transportation and Warehousing 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 2.09. The level of employment in the Manufacturing industry is 2.09 times greater than the US average, showing signs that Rutherford may be an exporter of products or services of Manufacturing.







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

 

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