Wednesday, March 21, 2007

In Weakley County, jobs in the electronic markets and agents and brokers pay the highest wages


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Jobs in the electronic markets and agents and brokers industry wages were the highest in Weakley County for the 2nd quarter of 2006. The average worker in the industry in Weakley County received an annual wage of $68,832 in 2nd quarter of 2006. The wage rate is greater than the average industry wage in the State of Tennessee of $66,190 and greater than then the pay for jobs in this industry across the nation of $67,074.

Other top-pay jobs in Weakley County, Tennessee are present in grocery and related product wholesalers ($50,218), offices of physicians ($46,020), nonmetallic mineral mining and quarrying ($41,484) and offices of dentists ($40,088) 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

Weakley County Wages have increased by 17.5% Since 2001


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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in Weakley County, Tennessee by a total of 17.5%. This is less than the growth in 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

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


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Wages in all industries in Weakley County, Tennessee can be understood as being medium-low when compared to other Counties throughout the state in the 2nd quarter of 2006. The industry wages are 27 percent lower than the state, which accounted an average of $36,146. The average pay was less than the overall average in the United States 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

Weakley County Five-Year Industry Employment Change

Employment for all industries has decreased by 6.2 percent from 2001 (2nd Quarter). These figures are greater than growth in Tennessee, experiencing a gain of 3.3 percent from the 2nd Quarter of 2001. The losses felt were greater than than the gain seen for the United States of 2.6 percent.

Weakley County Five-Year Percentage Decline in Employment

The Printing and related support activities industry has lost the biggest percent of jobs, losing 93.3 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 it saw a loss of 18.7 percent. The losses in the Printing and related support activities industry in Weakley County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 18.2 percent in terms of employees in the Printing and related support activities industry.

Top 5 Industries
1. Printing and related support activities (93.3 percent decline)
2. Professional and similar organizations (72.7 percent decline)
3. Accounting and bookkeeping services (58.1 percent decline)
4. Other miscellaneous store retailers (52.4 percent decline)
5. Building foundation and exterior contractors (34 percent decline)

Weakley County Five-Year Percentage Growth in Employment

The Electronic markets and agents and brokers industry has witnessed the largest percentage of employment expansion, increasing by 894.4 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Weakley County has grow faster than the growth seen in the industry for Tennessee, where the industry felt a gain of 30.3 percent. The Electronic markets and agents and brokers industry in Weakley County outpaced the United States, which experienced a gained 29.2 percent.

Top 5 Industries
1. Electronic markets and agents and brokers (894.4 percent gain)
2. Offices of other health practitioners (119.4 percent gain)
3. Private households (81.6 percent gain)
4. Building equipment contractors (40.7 percent gain)
5. Full-service restaurants (33.8 percent gain)

Total Five-Year Employment Growth in Weakley County

Out of the 4-digit NAICS industries, the Limited-service eating places industry has accounted the most employment growth with a total of 55 total jobs brought in during the period. The growth in the Limited-service eating places industry makes up 15.1 percent of the total growth in Weakley County.

Top 5 Industries
1. Limited-service eating places (55 new jobs)
2. Electronic markets and agents and brokers (54 new jobs)
3. Full-service restaurants (52 new jobs)
4. Gasoline stations (40 new jobs)
5. Offices of physicians (35 new jobs)

In Weakley County, Tennessee, the aggregate employment for all industry sectors has decreased by 499 jobs from mid-2001 to mid-2006.

From the 37 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 17 accounted an for increase in employment during the period and 19 industry sectors reported declines during the time period.

Total Five-Year Employment Decline in Weakley County

From of the area's 4-digit NAICS industries, the Printing and related support activities industry experienced most substantial job loss, losing 315 jobs. The declines in the Printing and related support activities industry make up 53.0 percent of the total job loss in Weakley County, Tennessee.

Top 5 Industries
1. Printing and related support activities (315 jobs lost)
2. Depository credit intermediation (76 jobs lost)
3. Nonmetallic mineral mining and quarrying (49 jobs lost)
4. Metalworking machinery manufacturing (35 jobs lost)
5. Lawn and garden equipment and supplies stores (29 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.

Thursday, January 11, 2007

Income and Poverty in Weakley County, Tennessee

When put side-by-side with other counties (or parishes) throughout the United States, Weakley County, Tennessee can be recognized as having a medium-high rate of poverty among its population, accounting a rate of 16.0 percent of people living in a family with an income below the poverty level in 1999. The Asian race/ethnicity demographic category, owns the foremost rate of poverty with 40.5 percent of the people in 2000 living in poverty. The population that is aged Under 5 years have the most percent of people living in poverty in Weakley County, with 20.3 percent of the population in this age category living in poverty.

Black or African American headed households had median income levels that were 46.4 percent less than the overall median reported in 2000, with a reported median of $18,822. The American Indian and Alaska Native headed households in Weakley County had a median income of $30,077, this level was 14.3 percent less than the areas median level for all households. In Weakley County, Tennessee White householders had a median income (2005 Dollars) of $36,738 as reported in 2000 by the census, which was 4.6 percent greater than the median in the year 2000. The Asian householders in the area have reported their median household incomes at $3,656. This median income level is 89.6 percent less than the reported median household income for all households in the area. Hispanic in Weakley County, Tennessee , according to the 2000 census, had a median household income of $19,430, this median is 44.7 percent less than the median reported for all households in the area.

Compared to other counties (and parishes) throughout the nation, Weakley County was reported to have a medium-low median income for all households of $35,109 (2005 Dollars). This median is 21.2 percent lower than the median income in State of Tennessee of $42,541 and the median is 39.9 percent lower than the median household income in the United States of $49,133.







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

Wednesday, December 20, 2006

Higher Education in Weakley County, Tennessee

In Weakley County, Tennessee as reported in the 2000 Census, 15 percent of the White Alone, 12.4 percent of Black or African American, 58.8 percent of the Asian alone and 19.2 percent of the Hispanic or Latino population, over the age 25, has achieved a Bachelors Degree or Higher.

Weakley County, Tennessee is made up of a moderately-educated population, with 15.4 percent of the population (+25) having received at least a Bachelors Degree, as reported in the Decennial Census of 2000. Weakley has a lower percent of population with this high education level 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 Weakley County, Tennessee, the largest educational attainment category for men is the High School Diploma category, with 36.2 percent achieving this level. The female population in Weakley on average have achieved a lower level of higher education (Bachelors Degree or Higher) than the male population-- 15.6 percent (Men) versus 15.2 percent (Women). The most common level of education for women in the area is High School Diploma category, with 35.6 percent of the female population achieving this education level.





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

Wednesday, November 29, 2006

Demographic Profile for Weakley County, Tennessee

In the year 2005, the population division of U.S. Census Bureau estimates the median age in Weakley County, Tennessee to be 36.3 years of age. The median age in Weakley is less than the median in Tennessee of 37.3. From 2000, the area has seen an increase in the median age, at that time the median was 34.7 years of age. With a total of 20.2 percent of the population in 2005 being comprised of children and youth younger than 18, Weakley can be understood as being made up of a medium-low proportion of youths. The 18 to 64 years old population group has a relatively high presence of the population, with 65.1 percent of the population within the age group. People 65 and older make up 14.6 percent of the population. When compared to other counties in the United States, this represents a medium-low proportion of the population.

From 2000, a medium-high number of individual migrated to the Weakley from outside the country. The immigration into Weakley makes up 0.6 percent of all immigration into Tennessee. This level of international migration can be considered medium-high when comparing levels of immigration per population in 2005.

Weakley County, Tennessee had a population of 33,732 for the year 2005. The total population has decreased, since its 2000 population of 34,895. The decline denotes a decrease of -3.3 percent. Weakley ranks 95 of 95 counties when calculating total change in population for Tennessee and the county ranks 2,991 of 3,141 counties when calculating the total change in county population across the US.

By measuring total land area, Weakley extends a total area of 580 square miles. The land areas has a medium-low density of 58 persons per square mile, in 2005. Other US counties with similar densities include: -- more densely populated -- Yancey, NC (58 per sq. mile ), Marlboro, SC (58 per sq. mile ), Columbus, NC (58 per sq. mile ), -- less densely populated -- Prince Edward, VA (58 per sq. mile ), Lincoln, MS (58 per sq. mile ), Chenango, NY (58 per sq. mile ).

Weakley County, Tennessee has a population that is comprised of 89 percent White, 6.9 percent African American, 1.9 percent Asian, and 1.4 percent Hispanic. The population mix can be considered to have a modest level of racial and ethnic diversity, with 10.2 percent minorities. This is less than the State of Tennessee percent of 20.9. Since 2000, Weakley has increased the percent of minority makeup when 9.8 percent of the people were minorities.

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

Monday, November 13, 2006

Housing Report for Weakley County, Tennessee

Weakley County had an owner-occupied dwelling median in 2000 of $67,900, published by the Decennial Census. This median is less than the State of Tennessee 2000 home value of $93,000 and less than median home value of $119,600 for the rest of the nation in that year.

Weakley County is made up of a small, but present percentage of high-priced residential real estate. In 2000, the Decennial Census reported that 0.4 percent residential property is valued over $500k.

It can be understood that there is a large amount of affordable housing in Weakley County, Tennessee. In 2000, 88 percent of housing was valued under $125k.

Throughout the State of Tennessee, Weakley County is positioned 62 of 95 in terms of percentage growth in new housing structures. The county ranks 1,619 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

In Weakley County, the real estate market was made up of 15,538 homes in 2005. The county has experienced a growth in housing units, adding a sum of 377 housing units since the year 2001, or 2.5 percent.



Data Source: U.S. Census Bureau

Monday, October 30, 2006

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

The Manufacturing industry decreased the most in percent of total employment in Weakley County since the year 2001. The industry went from accounting for 32.7 percent of total employment for the year 2001 to 24.5 percent in the year 2005.

Real estate and rental and leasing in the period of 2001 to 2005 had the largest increase in employment in Weakley County, growing by 86.8 percent. This is greater than the rate of employment change across the nation of 4.3 percent. The State of Tennessee underwent a employment change in the industry of 4.2 percent, during the period of 2001 to 2005.

Manufacturing since the year 2001 was faced with the largest loss in employment in Weakley County. The industry lost a total of 837 employees during the period, or 31.5 percent of employment in the sector. These losses made up 67.2 percent of the total loss in employment during the period.

Weakley is the County that is ranked 47 of 96 total Counties throughout Tennessee in terms of total 2005 employment. The County’s employment ranking has moved up since the year 2001, when it was ranked 45 of 96 Counties.

Manufacturing has the largest businesses in Weakley County. The industry averages 43 workers per each place of employment, being greater than the industry's national average of 39 and less than the Tennessee typical size of 56 for the Manufacturing industry.

In Weakley County, Mining, Manufacturing and Wholesale trade are the three industries with the highest location quotients. The Mining industry has an LQ of 4.26. This means the percent of total employment in the Mining sector is 4.26 times the percent of the national average, This signifies that Weakley County produces more than its local requirement of products and/or services of Mining.

In Weakley County, Manufacturing, Health care and social assistance, and the Retail Trade industries have the largest percent of jobs of all industries. The Manufacturing produces the largest number of jobs in the area accounting for 24.5 percent of all the jobs in the county. This makes up 1,817 employees. The Health care and social assistance and Retail Trade industries total 17.7 and 13.6 percent of all employment.



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

 

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