1-Year Industry Employment Change in Lubbock, TX

Given the 115 industries with industry data reported by the BLS in each quarter, 46 showed an escalation in the number employed, while 69 industries reported a drop in employment.

Total 1-Year Employment Decline in the Lubbock Metro Area

The Business support services industry witnessed the largest drop in employment, losing a total of 281 jobs during the time period. The jobs lost in the Business support services industry make up 20.7 percent of the jobs lost during the period in Lubbock, TX.

Top 5 Industries
1. Business support services (281 jobs lost)
2. Wired telecommunications carriers (205 jobs lost)
3. Furniture stores (85 jobs lost)
4. Drycleaning and laundry services (57 jobs lost)
5. Offices of dentists (54 jobs lost)

In the Lubbock, TX metro area, the total number of workers for all sectors has increased by 2,398 total jobs from 2005 to 2006.

Total 1-Year Employment Growth in the Lubbock Metro Area

The Newspaper, book, and directory publishers industry has grown the most with 416 new jobs created in the period. The job growth in the Newspaper, book, and directory publishers industry makes up 13.5 percent of the total growth in Lubbock.

Top 5 Industries
1. Newspaper, book, and directory publishers (416 new jobs)
2. Employment services (366 new jobs)
3. Clothing stores (233 new jobs)
4. Home health care services (221 new jobs)
5. Office administrative services (203 new jobs)

The Lubbock Metro Area: 1-Year Percentage Growth in Employment

The Newspaper, book, and directory publishers industry has gone through the largest job growth by percent, increasing by 114.1 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Lubbock has added employment faster than the industry job growth experienced in Texas, where it saw a gain of 1.4 percent. The Newspaper, book, and directory publishers industry in Lubbock outpaced the US in terms of percent growth of industry employment. During this period, the US lost 1.5 percent of the employment in this industry.

Top 5 Industries
1. Newspaper, book, and directory publishers (114.1 percent gain)
2. Office administrative services (73.5 percent gain)
3. Support activities for mining (70.7 percent gain)
4. Machine shops and threaded product mfg. (61.0 percent gain)
5. Gambling industries (51.8 percent gain)

The total number of jobs has increased by 2.5 percent since the 2nd Quarter of 2005. This is less than percent in the State of Texas, experiencing a gain of 4 percent from the 2nd Quarter of 2005. The gains the area experienced were greater than than the gain reported at the US level of 2 percent.

The Lubbock Metro Area: 1-Year Percentage Decline in Employment

The General rental centers industry has seen the largest percentage drop in employment, losing 52.9 percent from 2005 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has experienced in the State of Texas, where the industry sector experienced a loss of 23.4 percent. The losses in the General rental centers industry in Lubbock outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 8.8 in percent of jobs in the General rental centers industry.

Top 5 Industries
1. General rental centers (52.9 percent decline)
2. Coating, engraving, and heat treating metals (40.4 percent decline)
3. Other textile product mills (35.8 percent decline)
4. Remediation and other waste services (27.6 percent decline)
5. Support activities for air transportation (24.3 percent decline)

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).

Income and Poverty in Lubbock, TX

While household income level experienced a decline in the last five year in the Lubbock, TX metro area, the Race/Ethnicity group that went through the most dramatic decline in household income was the Hispanic category. This group felt a decline of 27 percent since 2000. The Asian population category was least influenced by the median household income decline in Lubbock, undergoing a 57.8 percent increase in household income level, since the year 2005.

The poverty rate in the Lubbock, TX Metro has increased by 1.9 percent from the rates reported in the Decennial Census, moving from 17.8 percent to 19.7 percent.

Black or African American householders reported household income levels that were 36.9 percent less than the all population median published in the 2000 Census, with a median of $23,774. The Asian headed households reported median household incomes of $30,572. This median is 18.8 percent less than the all households reported median in the area. Hispanic headed households in Lubbock, TX , according to the 2000 census, had a median household income of $31,691, which is 15.9 percent less than the areas median income level for all households. In Lubbock, TX White householders had a median household income (in 2005 Dollars) of $41,118 as reported by the Decennial Census of 2000, which was 9.1 percent greater than the median income in 2000. The American Indian and Alaska Native headed households in Lubbock had a median income of $34,896, this level was 7.4 percent less than the areas median level for all households.

Contrasted against to other Metropolitan Areas throughout the US, the Lubbock metro area can be considered to have a relatively high rate of poverty among the people, accounting a rate of 17.8 percent of people living in a family with an income below the poverty level in 1999. The Black or African American race/ethnicity population category, holds the highest rate of poverty with 35 percent of the population in 2000 living in poverty. Individuals aged Under 5 years have the largest percent of population in poverty in Lubbock, with 25.8 percent of this age cohort living in poverty.

The median household income in the area has declined from the inflation-adjusted values in 2000. The income level has decreased to $34,823, posting a 7.6 percent decline. The Lubbock, TX MSA, in terms of percentage of decline, ranks 18 of 22 metro area in percent of decline for the household income level in the State of Texas. Lubbock ranks 125 of 233 metro area when analyzing the decline in household income across the nation.

Compared to other MSAs throughout the nation, the Lubbock metro area reported a relatively low household income of $37,672 (2005 Dollars). The income level is 24 percent lower than the household income median in State of Texas of $46,715 and the income level is 30.4 percent lower than the median household income level in the US of $49,133.

Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.