Employment Report for Victoria, Texas -- Annual 2005 Industry Summary
In Victoria, Retail Trade, Manufacturing, and the Construction sectors are the largest industries, in terms of total number of jobs in 2005. The Retail Trade is the largest employment industry and makes up 16.2 percent of total employment in the Metro Area, making up 6,458 employees. The Manufacturing and Construction sectors provide 14.5 and 9.6 percent of all employment.
The Victoria Metropolitain Area is ranked number 299 of 363 throughout the US according to the relatively size of the employment base in the year 2005. This ranking has slipped behind during the time of 2001 and 2005. The Metropolitan Area, in the year 2001, was ranked 291 of 363 Counties.
Arts, entertainment, and recreation has seen the highest growth in employment from the years 2001-2005 in Victoria, increasing by 6.9 percent. This is greater than the industry job change at the national level of 4.7 percent. The State of Texas faced a industry job change of 8.3 percent, during the time since 2001.
A high-wage industry in Victoria is the real estate and rental and leasing sector with an annual pay of $28,649. In the Metropolitan Area since the year 2001, the annual average pay of the industry has grown by 12 percent or $3,059. The State of Texas has a different job market in the real estate and rental and leasing sector, standing in the middle of industries in terms of 2004 annual average wages.
In Victoria, Utilities, Construction and Retail Trade have the highest US LQ in 2005. The Utilities sector in the county has a location quotient of 2.27. This means the percent of total employment in the Utilities industry is 2.27 times greater than the national average, signifying that Victoria produces more than its local requirement of products and/or services of Utilities.
The Mining has seen the largest decrease in industry presence in the Victoria Metro Area, from the year 2001 to 2005, accounting for 5.9 percent of total jobs in the year 2001 to 0 percent in 2005.
Manufacturing has a largest number of employees per establishment in Victoria MSA. In the region, the industry averages 53 jobs per establishment, which is greater than the industry's average in the United States of 39 and greater than the Texas average establishment size of 38 for the Manufacturing industry.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
The Victoria Metropolitain Area is ranked number 299 of 363 throughout the US according to the relatively size of the employment base in the year 2005. This ranking has slipped behind during the time of 2001 and 2005. The Metropolitan Area, in the year 2001, was ranked 291 of 363 Counties.
Arts, entertainment, and recreation has seen the highest growth in employment from the years 2001-2005 in Victoria, increasing by 6.9 percent. This is greater than the industry job change at the national level of 4.7 percent. The State of Texas faced a industry job change of 8.3 percent, during the time since 2001.
A high-wage industry in Victoria is the real estate and rental and leasing sector with an annual pay of $28,649. In the Metropolitan Area since the year 2001, the annual average pay of the industry has grown by 12 percent or $3,059. The State of Texas has a different job market in the real estate and rental and leasing sector, standing in the middle of industries in terms of 2004 annual average wages.
In Victoria, Utilities, Construction and Retail Trade have the highest US LQ in 2005. The Utilities sector in the county has a location quotient of 2.27. This means the percent of total employment in the Utilities industry is 2.27 times greater than the national average, signifying that Victoria produces more than its local requirement of products and/or services of Utilities.
The Mining has seen the largest decrease in industry presence in the Victoria Metro Area, from the year 2001 to 2005, accounting for 5.9 percent of total jobs in the year 2001 to 0 percent in 2005.
Manufacturing has a largest number of employees per establishment in Victoria MSA. In the region, the industry averages 53 jobs per establishment, which is greater than the industry's average in the United States of 39 and greater than the Texas average establishment size of 38 for the Manufacturing industry.
Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).
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