Employment Report for Midland, Texas -- Annual 2005 Industry Summary
A well-paying sector in Midland is the mining industry with wages that annually pay $72,183. Locally, since the year 2001, the industry annual average wages have grown by 21.5 percent or $12,768. The State of Texas shows the same employment climate in the mining industry, falling at the top of sectors according to average 2004 industry pay.
In Midland, Mining, Information and Retail Trade are the three industries with the highest location quotients. The Mining industry has a US LQ in the region of 35.06. The level of employment in the Mining industry is 35.06 times greater than the US average, showing signs that Midland specializes in Mining.
Management of companies and enterprises in the period of 2001 to 2005 had the largest increase in employment in Midland, with an industry growth of 134.5 percent. This is greater than the rate of employment change across the nation of 1.6 percent. The State of Texas faced a industry job change of 70.2 percent, in the last 5 years.
Information has the largest employers in Midland Metro Area. The industry averages 28 jobs per place of business. This is greater than the industry's national average of 22 and greater than the State of Texas average establishment size of 24 for the Information industry.
In Midland, Mining, Retail Trade, and the Accommodation and food services sectors, in terms of total employment, are the largest. Mining provides the most jobs and contributes 17.8 percent of all the jobs in the Metropolitain Area. This makes up 8,973 individuals. The Retail Trade and Accommodation and food services sectors account for 14.5 and 10 percent of total employment, respectively.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
In Midland, Mining, Information and Retail Trade are the three industries with the highest location quotients. The Mining industry has a US LQ in the region of 35.06. The level of employment in the Mining industry is 35.06 times greater than the US average, showing signs that Midland specializes in Mining.
Management of companies and enterprises in the period of 2001 to 2005 had the largest increase in employment in Midland, with an industry growth of 134.5 percent. This is greater than the rate of employment change across the nation of 1.6 percent. The State of Texas faced a industry job change of 70.2 percent, in the last 5 years.
Information has the largest employers in Midland Metro Area. The industry averages 28 jobs per place of business. This is greater than the industry's national average of 22 and greater than the State of Texas average establishment size of 24 for the Information industry.
In Midland, Mining, Retail Trade, and the Accommodation and food services sectors, in terms of total employment, are the largest. Mining provides the most jobs and contributes 17.8 percent of all the jobs in the Metropolitain Area. This makes up 8,973 individuals. The Retail Trade and Accommodation and food services sectors account for 14.5 and 10 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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