Wednesday, March 21, 2007

In Smith County, jobs in the consumer goods rental pay the highest wages


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Employment in the consumer goods rental industry reported the top wages in Smith County for 2006. The average industry job in Smith County was paid an annual wage of $66,775 in 2nd quarter of 2006. The pay is greater than the industry wage in Tennessee of $22,099 and greater than then the pay for jobs in this industry in the United States of $22,879.

Top-pay jobs in Smith County, Tennessee can be found in depository credit intermediation ($66,455), unclassified ($44,448), offices of dentists ($43,891) and electronics and appliance stores ($42,849) 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

Smith County Wages have increased by 18.5% Since 2001


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Since 2001, industry wages increased in Smith County, Tennessee by a total of 18.5%. This is less than the growth in average industry wages for 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

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


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Wages in all industries in Smith County, Tennessee when analyzed can be described as medium-high when compared to other Counties throughout the state in the 2nd quarter of 2006. The industry wages are 16.2 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

Smith County Five-Year Industry Employment Change

Total Five-Year Employment Decline in Smith County

Given the industries in the area, the Grocery stores industry experienced most substantial job loss, losing 44 jobs during the time period. The jobs lost in the Grocery stores industry make up 30.4 percent of the employment lost during the period in Smith County, Tennessee.

Top 5 Industries
1. Grocery stores (44 jobs lost)
2. Limited-service eating places (32 jobs lost)
3. Building equipment contractors (22 jobs lost)
4. Other specialty trade contractors (20 jobs lost)
5. Gasoline stations (18 jobs lost)

In Smith County, Tennessee, the entire sum of jobs in all industries overall has decreased by 346 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Growth in Smith County

From the industries (4-digit NAICS) in the area, the Offices of physicians industry has grown the most with 27 jobs added during the time period. These new jobs in the Offices of physicians industry makes up 49.4 percent of the total employment growth in Smith County.

Top 5 Industries
1. Offices of physicians (27 new jobs)
2. Health and personal care stores (13 new jobs)
3. Full-service restaurants (8 new jobs)
4. Automobile dealers (2 new jobs)
5. Legal services (2 new jobs)

Of the 13 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 7 reported job growth in the duration of the last five years and 6 industries reported a drop in employment.

Employment for all industries has decreased by 7.8 percent from the reported values in 2001. These values are greater than growth in Tennessee, experiencing a gain of 3.3 percent from 2001 (2nd Quarter). The losses the area experienced were greater than than the gain experienced overall in the US of 2.6 percent.

Smith County Five-Year Percentage Decline in Employment

The Automotive repair and maintenance industry has seen the largest percentage drop in employment, losing 34.3 percent from 2001 (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 reported a gain of 6.7 percent. The losses in the Automotive repair and maintenance industry in Smith County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 1.8 in percent of workers in the Automotive repair and maintenance industry.

Top 5 Industries
1. Automotive repair and maintenance (34.3 percent decline)
2. Building equipment contractors (33.8 percent decline)
3. Grocery stores (27.3 percent decline)
4. Other specialty trade contractors (22.4 percent decline)
5. Gasoline stations (19.2 percent decline)

Smith County Five-Year Percentage Growth in Employment

The Offices of physicians industry has witnessed the largest percentage of employment expansion, increasing by 31.4 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Smith County has increased employment faster than the growth seen in the industry for Tennessee, where this industry saw a gain of 21.6 percent. The Offices of physicians industry in Smith County outpaced the nation in terms of industry employment growth . During this period, the nation gained 12.4 percent in this industry.

Top 5 Industries
1. Offices of physicians (31.4 percent gain)
2. Health and personal care stores (31.1 percent gain)
3. Other miscellaneous store retailers (22.2 percent gain)
4. Legal services (11.9 percent gain)
5. Full-service restaurants (8.0 percent gain)





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

Smith County One-Year Industry Employment Change

Smith County One-Year Percentage Growth in Employment

The Services to buildings and dwellings industry has gone through the largest job growth by percent, increasing by 184.4 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Smith County has increased employment faster than the industry has grown in the State of Tennessee, where this industry saw a gain of 4.7 percent. The Services to buildings and dwellings industry in Smith County outpaced the national average, which felt a gained 3.1 percent of the employment in this industry.

Top 5 Industries
1. Services to buildings and dwellings (184.4 percent gain)
2. Depository credit intermediation (49.1 percent gain)
3. Building foundation and exterior contractors (36.9 percent gain)
4. Other miscellaneous store retailers (32.0 percent gain)
5. Legal services (29.4 percent gain)

The total number of jobs has decreased by 4.4 percent since the 2nd Quarter figures of 2005. This change is greater than growth in the State of Tennessee, experiencing a gain of 1.9 percent from the 2nd Quarter of 2005. The losses in the area were greater than than the gain experienced overall in the US of 2.0 percent.

Smith County One-Year Percentage Decline in Employment

The Grocery stores industry has lost the largest amount of employment in terms of percentage, losing 26.7 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 sector experienced a gain of 0.9 percent. The losses in the Grocery stores industry in Smith County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 0.3 in percent of jobs in the Grocery stores industry.

Top 5 Industries
1. Grocery stores (26.7 percent decline)
2. Building equipment contractors (21.8 percent decline)
3. Automotive repair and maintenance (13.2 percent decline)
4. Building finishing contractors (13 percent decline)
5. Offices of physicians (6.2 percent decline)

Total One-Year Employment Decline in Smith County

Of the area's industries (4-digit NAICS), the Grocery stores industry experienced most substantial job loss, losing 43 jobs during the time period. The jobs lost in the Grocery stores industry make up 62.3 percent of the total employment decline in Smith County, Tennessee.

Top 5 Industries
1. Grocery stores (43 jobs lost)
2. Building equipment contractors (12 jobs lost)
3. Offices of physicians (7 jobs lost)
4. Automotive repair and maintenance (2 jobs lost)
5. Gasoline stations (2 jobs lost)

In Smith County, Tennessee, the total number of jobs throughout all industries has decreased by 187 jobs between mid-2005 and mid-2006.

Total One-Year Employment Growth in Smith County

The Depository credit intermediation industry has added the most employment with 47 new jobs created in the period. The job growth in the Depository credit intermediation industry makes up 45.2 percent of the total employment growth in Smith County.

Top 5 Industries
1. Depository credit intermediation (47 new jobs)
2. Services to buildings and dwellings (20 new jobs)
3. Building foundation and exterior contractors (15 new jobs)
4. Legal services (5 new jobs)
5. Full-service restaurants (4 new jobs)

Of the 22 4-digit NAICS industries, 8 accounted an for increase in employment during the period and 12 industries reported a drop in employment.





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 Smith County, Tennessee

When put side-by-side with other counties (or parishes) throughout the United States, Smith County, Tennessee can be understood to have a medium-low rate of poverty among its population, accounting a rate of 12.2 percent of people living in a family with an income below the poverty level in 1999. The Hispanic race/ethnicity demographic group, represents the largest rate of poverty with 32.6 percent of the population in 2000 living in poverty. Individuals aged 5 years are witness to the most percent living in poverty in Smith County, accounting 28.2 percent of this age group in the area living in poverty.

Compared to other counties (and parishes) throughout the nation, Smith County was reported to have a medium-high household income of $41,681 (Adjusted to 2005 Dollars). This figure is 2.1 percent lower than the household income median in State of Tennessee of $42,541 and the median is 17.9 percent lower than the median household income in the United States of $49,133.

Black or African American householders reported a median household income that was 21.6 percent less than the all population median published in the 2000 Census, with a median of $32,663. The Asian householders in the area have reported their median household incomes at $38,391. This median is 7.9 percent less than the reported median for all households in the area. Hispanic in Smith County, Tennessee recorded a median income of $33,345, this median is 20 percent less than the areas median income level for all households. The American Indian and Alaska Native households in Smith County had a median household income level of $42,900, this level was 2.9 percent greater than the median level for total households in the area. In Smith County, Tennessee White householders had a median income (2005 Dollars) of $42,033 as reported by the Decennial Census of 2000, which was 0.8 percent greater than the median household income in 2000.







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

Wednesday, December 20, 2006

Higher Education in Smith County, Tennessee

In Smith County, Tennessee according to the Decennial Census of 2000, 9 percent of the White Alone, 7 percent of Black or African American, 47 percent of the Asian alone and 1.2 percent of the Hispanic or Latino population (over 25) has obtained a Bachelors Degree or Higher.

Smith County, Tennessee has a less-educated population, with 9.2 percent of the population (+25) having received at least a Bachelors Degree, as reported in the Decennial Census of 2000. Smith is reported having 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 United States proportion of 24.4 percent.

The 2000 Decennial Census reported that in Smith County, Tennessee, the largest educational attainment category for men is the High School Diploma category, with 42.4 percent reaching this education level. The female population in Smith have attainment on average a greater level of higher education (Bachelors or Higher) than men -- 9 percent (Men) versus 9.4 percent (Women). The largest educational attainment category for women in this areas is High School Diploma category, with 38.8 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 Smith County, Tennessee

The population division of the Census Bureau estimates in 2005 a median age in Smith County, Tennessee to be 38.3 years old. The median in Smith is greater than the median age in the State of Tennessee of 37.3. Since the year 2000, the area has seen an increase in this median, when at that time it was 36.8 years old. With 23.1 percent of the population in the year 2005 being made up of individuals less than 18 years old, Smith can be described 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 64 percent of the population makes up this age category. The retirement (65 and over) age group comprises 12.9 percent of the population. When compared to other counties in the United States, this represents a medium-low percent of the population base.

In terms of total land area, Smith encompasses a total area of 314 square miles. The county has a medium-low average area density of 59 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Botetourt, VA (59 per sq. mile ), Newberry, SC (59 per sq. mile ), Owen, IN (59 per sq. mile ), -- less densely populated -- Chattahoochee, GA (59 per sq. mile ), Randolph, IN (59 per sq. mile ), Schuyler, NY (59 per sq. mile ).

From 2000, a low amount of people have migrated to Smith internationally. The migration from outside the US into Smith totals 0.1 percent of the total migration into the State of Tennessee. This percent of immigration can be considered low when comparing levels of immigration per population in 2005.

Smith County, Tennessee has a population that is made of 94.1 percent White, 3.1 percent African American, 0.2 percent Asian, and 1.7 percent Hispanic. This area can be considered to have a very modest level of diversity, with 5.0 percent of the population made up of minorities. This is less than the State of Tennessee percent of 20.9. Since 2000, Smith has increased the percent of minority makeup when 4.0 percent of the population was made up of minorities.

Smith County, Tennessee had a total estimated population of 18,647 in 2005. The estimated population has increased, since its 2000 population of 17,815. This growth signifies an increase of 4.7 percent. Smith ranks 49 of 95 counties by growth in total population in Tennessee and the county ranks 1,170 of 3,141 counties by growth in county population in the United States.

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

Monday, November 13, 2006

Housing Report for Smith County, Tennessee

In Smith County, the real estate market was made up of 8,001 housing units in the year 2005. This represents a growth in housing units, adding in all 223 homes since 2001, or 2.9 percent.

In the State of Tennessee, Smith County ranks 51 of 95 in terms of percentage growth in new housing structures. The county ranks 1,432 of 3,141, comparing the percentage change in residential in other US counties.

Smith County had a median home value in the year 2000 of $87,100, published by the Decennial Census. This is less than the State of Tennessee 2000 home value of $93,000 and less than median owner-occupied dwelling value of $119,600 across the nation during that year.

There is a large amount of housing that is affordable in Smith County, Tennessee. In 2000, 74.1 percent of owner-occupied dwellings were valued under $125k.





Data Source: U.S. Census Bureau

Monday, October 30, 2006

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

In Smith County, Manufacturing, Health care and social assistance, and the Retail Trade sectors are the largest industries, in terms of total number of jobs in 2005. The Manufacturing provides the most jobs and contributes 30.9 percent of the total county employment. This totals 1,310 people employed. The Health care and social assistance and Retail Trade sectors provide 15 and 13.7 percent of all employment.

Manufacturing since the year 2001 lost the most jobs in Smith County. The industry was hit with a loss of 240 employees during the period, or 15.5 percent of jobs in the industry. The losses in this industry made up 49.1 percent of all county employment losses since 2001.

Manufacturing is the industry with the largest establishments in Smith County. In the County, the industry averages 62 workers per each place of employment, being greater than the US industry average of 39 and greater than the Tennessee average of 56 for the Manufacturing industry.

Real estate and rental and leasing from 2001-2005 had the highest increase in employment in Smith County, growing by 107.4 percent. This is greater than the United States industry change in employment of 4.3 percent. The State of Tennessee went through a industry job change of 4.2 percent, in the duration of 2001 to 2005.

In Smith County, Manufacturing, Administrative and waste services and Health care and social assistance are the three industries with the highest location quotients. The Manufacturing industry has an LQ of 2.41. In other words, the percent of total jobs in the Manufacturing industry is 2.41 times greater than the US average, showing signs that Smith specializes in Manufacturing.

Smith County ranks 64 of 96 total Counties throughout Tennessee by total number of jobs in 2005. This position has moved up from the year 2001, at which time the County was ranked 61 of 96 Counties.





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

 

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