Monday, January 22, 2007

Cooke County One-Year Industry Employment Change

Total One-Year Employment Decline in Cooke County

The Metalworking machinery manufacturing industry faced the greatest employment loss with a total loss of 25 jobs during the time period. The jobs lost in the Metalworking machinery manufacturing industry make up 16.0 percent of the jobs lost during the period in Cooke County, Texas.

Top 5 Industries
1. Metalworking machinery manufacturing (25 jobs lost)
2. Grocery stores (19 jobs lost)
3. Petroleum merchant wholesalers (14 jobs lost)
4. Architectural and structural metals mfg. (13 jobs lost)
5. Other general merchandise stores (13 jobs lost)

In Cooke County, Texas, the entire sum of jobs in all industries overall has increased by 940 jobs from mid-2005 to mid-2006.

Total One-Year Employment Growth in Cooke County

From the industries (4-digit NAICS) in the area, the Support activities for mining industry has grown the most with 420 jobs added during the time period. These new jobs in the Support activities for mining industry makes up 37.8 percent of the total employment growth in Cooke County.

Top 5 Industries
1. Support activities for mining (420 new jobs)
2. Full-service restaurants (256 new jobs)
3. Machinery and supply merchant wholesalers (67 new jobs)
4. Limited-service eating places (63 new jobs)
5. Machine shops and threaded product mfg. (53 new jobs)

From the 56 4-digit NAICS industries, 23 accounted an for increase in employment during the period and 32 industries reported employment loss in the period.

Cooke County One-Year Percentage Decline in Employment

The Metalworking machinery manufacturing industry has lost the biggest percent of jobs, losing 61 percent of the jobs from 2005 to 2006. These have declined faster than the industry sector has felt in the State of Texas, where the industry reported a gain of 9.1 percent. The losses in the Metalworking machinery manufacturing industry in Cooke County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 0.5 percent in terms of employment in the Metalworking machinery manufacturing industry.

Top 5 Industries
1. Metalworking machinery manufacturing (61 percent decline)
2. Jewelry, luggage, and leather goods stores (36.5 percent decline)
3. Residential building construction (27.2 percent decline)
4. Building foundation and exterior contractors (25.9 percent decline)
5. Home furnishings stores (25.3 percent decline)

The total number of jobs has increased by 8.9 percent from 2005 (2nd Quarter). These figures are greater than percent in the State of Texas, which went through a gain of 4.0 percent since the 2nd Quarter of 2005. The gains in the area were greater than than the gain seen for the United States of 2.0 percent.

Cooke County One-Year Percentage Growth in Employment

The Unclassified industry has experienced the largest percentage growth, expanding by 557.1 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Cooke County has added employment faster than the industry job growth experienced in Texas, where the industry felt a gain of 28.8 percent. The Unclassified industry in Cooke County outpaced the United States, which experienced a gained 12.1 percent.

Top 5 Industries
1. Unclassified (557.1 percent gain)
2. Lawn and garden equipment and supplies stores (69.1 percent gain)
3. Support activities for mining (65.5 percent gain)
4. Other professional and technical services (53.7 percent gain)
5. Full-service restaurants (49.2 percent gain)





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 Cooke County, Texas

Black or African American headed households had a median household income that was 35.5 percent less than the total 2000 reported median, with a their median reported to be $28,401. Hispanic Householders in Cooke County, Texas recorded a median income of $30,277, this median is 31.3 percent less than the areas median income level for all households. It was reported in 2000 that the Asian headed households had median household incomes of $23,217. This income level is 47.3 percent less than the reported median for all households in the area. The American Indian and Alaska Native householders in Cooke County reported a median household income of $26,952, which was 38.8 percent less than the areas median level for all households. In Cooke County, Texas White householders had a median household income (in 2005 Dollars) of $46,011 as reported in 2000 by the census, which was 4.5 percent greater than the median income in 2000.

When compared to other counties (and parishes) throughout the United States, Cooke County accounted a medium-high median income for all households of $44,049 (2005 Dollars). This median is 6.1 percent lower than the household income median in State of Texas of $46,715 and this is 11.5 percent lower than the median household income in the United States of $49,133.

When put side-by-side with other counties (or parishes) throughout the United States, Cooke County, Texas may be understood as having a medium-high poverty rate amid the residents with a poverty rate of 14.1 percent with a family income under the 1999 poverty level. The American Indian and Alaska Native race/ethnicity population cohort, has the uppermost poverty rate with 39.6 percent of the people in 2000 living in poverty. The population that is aged Under 5 years are experiencing most percent people in poverty in Cooke County, reporting 28.4 percent of the population in this age category living in poverty.







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

 

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