Monday, January 22, 2007

Lubbock County One-Year Industry Employment Change

Lubbock County One-Year Percentage Growth in Employment

The Newspaper, book, and directory publishers industry has witnessed the largest percentage of employment expansion, increasing by 114.1 percent from 2005 to 2006. This industry in Lubbock County has increased employment faster than the growth seen in the industry for Texas, where the industry felt a gain of 1.4 percent. The Newspaper, book, and directory publishers industry in Lubbock County outpaced the United States, which experienced a lost 1.5 percent of the industry employment.

Top 5 Industries
1. Newspaper, book, and directory publishers (114.1 percent gain)
2. Unclassified (96.4 percent gain)
3. Office administrative services (73.5 percent gain)
4. Support activities for mining (70.7 percent gain)
5. Machine shops and threaded product mfg. (61.0 percent gain)

Employment for all industries has increased by 2.7 percent from 2005 (2nd Quarter). These figures are less than growth in Texas, which experienced a gain of 4.0 percent from 2005 (2nd Quarter). The gains were greater than than the gain reported at the US level of 2.0 percent.

Lubbock County One-Year Percentage Decline in Employment

The General rental centers industry has lost the largest amount of employment in terms of percentage, losing 52.9 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry has seen in the Texas, where the industry sector experienced a loss of 23.4 percent. The losses in the General rental centers industry in Lubbock County outpaced the United States industry losses overall. During this period, the United States lost 8.8 percent in terms of employees 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)

Total One-Year Employment Decline in Lubbock County

Of the area's industries (4-digit NAICS), the Business support services industry has lost the most employment with a total loss of 281 jobs. The declines in the Business support services industry make up 13.7 percent of the total employment decline in Lubbock County, Texas.

Top 5 Industries
1. Business support services (281 jobs lost)
2. Wired telecommunications carriers (205 jobs lost)
3. Full-service restaurants (130 jobs lost)
4. Automotive repair and maintenance (122 jobs lost)
5. Automobile dealers (107 jobs lost)

In Lubbock County, Texas, the entire sum of jobs in all industries overall has increased by 2,586 jobs from mid-2005 to mid-2006.

Total One-Year Employment Growth in Lubbock County

Out of the 4-digit NAICS industries, the Newspaper, book, and directory publishers industry has brought the most jobs with a total of 416 new jobs created in the period. The job growth in the Newspaper, book, and directory publishers industry makes up 9.3 percent of the growth in Lubbock County.

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)

Given the 164 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 65 showed an escalation in the number employed, while 99 industries reported a drop in employment.





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 Lubbock County, Texas

Evaluated with other counties (or parishes) across the nation, Lubbock County, Texas can be recognized as having a relatively high poverty rate amid the residents with a poverty rate of 17.8 percent of the population with family incomes below the 1999 poverty level. The Black or African American race/ethnicity demographic group, represents the largest rate of poverty with 35 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 Lubbock County, reporting 25.8 percent of this age cohort living in poverty.

The areas median household income has declined from the values (adjusted for inflation) in 2000. The median has decreased to $35,189, posting a 6.6 percent decline. Lubbock County, Texas, in terms of percentage of decline, ranks 34 of 46 counties in percent of decline for median household income in the State of Texas. Lubbock County ranks 385 of 668 counties (or parishes) when analyzing the decline in median income in the US.

As the median income level saw a decline from 2000 to 2005 in Lubbock County, Texas, the Race/Ethnicity group that went through the most dramatic decline in median household income was the Black or African American Race/Ethnicity category. This category went through a decline of 17.7 percent since the year 2000. The Asian Race/Ethnicity category has been least effected by the income level decline in Lubbock County, encountering a 63.6 percent increase in median income, since the values reported in the 2000 Decennial Census.

Compared to counties across the United States, Lubbock County reported a medium-low median income for households of $37,672 (Adjusted to 2005 Dollars). This is 24 percent lower than the median in State of Texas of $46,715 and the median household income is 30.4 percent lower than the median for the rest of the nation, which is a reported $49,133.

Black or African American headed households had a median household income that was 36.9 percent less than the overall median reported in 2000, with a reported median of $23,774. The American Indian and Alaska Native householders in Lubbock County reported a median household income of $34,896, which was 7.4 percent less than the median for all households. According to the 2000 Census, the Asian headed households in the area have median household incomes of $30,572. This median is 18.8 percent less than the reported median household income, in the area, for all households. In Lubbock County, Texas White headed households reported 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 in 2000. Hispanic in Lubbock County, Texas , as reported in 2000, had a median household income of $31,691, this income level is 15.9 percent less than reported value of the areas total household median income for all households.

The poverty rate in Lubbock County, Texas has increased by 1.5 percent since the 2000 rates, moving from 17.8 percent to 19.3 percent.

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

 

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