Monday, January 22, 2007

Travis County One-Year Industry Employment Change

Of the 210 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 69 showed an escalation in the number employed, while 139 industries reported a drop in employment.

In Travis County, Texas, the entire sum of jobs in all industries overall has increased by 14,511 jobs between mid-2005 and mid-2006.

Total One-Year Employment Decline in Travis County

Given the industries in the area, the Clothing stores industry witnessed the largest drop in employment, losing a total of 657 jobs during the period. The employment lost in the Clothing stores industry make up 12.2 percent of the total employment decline in Travis County, Texas.

Top 5 Industries
1. Clothing stores (657 jobs lost)
2. Business support services (499 jobs lost)
3. Data processing and related services (425 jobs lost)
4. Office administrative services (414 jobs lost)
5. Furniture stores (303 jobs lost)

Total One-Year Employment Growth in Travis County

Out of the 4-digit NAICS industries, the Building equipment contractors industry has accounted the most employment growth with a total of 1,105 jobs added during the time period. These new jobs in the Building equipment contractors industry makes up 5.5 percent of the total number of new jobs in Travis County.

Top 5 Industries
1. Building equipment contractors (1,105 new jobs)
2. Highway, street, and bridge construction (800 new jobs)
3. Building material and supplies dealers (783 new jobs)
4. Semiconductor and electronic component mfg. (782 new jobs)
5. Management and technical consulting services (769 new jobs)

Travis County One-Year Percentage Growth in Employment

The Support activities for mining industry has witnessed the largest percentage of employment expansion, increasing by 70.7 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Travis County has grow faster than the industry job growth experienced in Texas, where it saw a gain of 17.3 percent. The Support activities for mining industry in Travis County outpaced the nation in terms of industry employment growth . During this period, the nation gained 17.8 percent.

Top 5 Industries
1. Support activities for mining (70.7 percent gain)
2. Petroleum and coal products manufacturing (70.1 percent gain)
3. Vegetable and melon farming (57.1 percent gain)
4. Soap, cleaning compound, and toiletry mfg. (57.1 percent gain)
5. Greenhouse and nursery production (44.8 percent gain)

Total employment has increased by 3.5 percent from 2005 (2nd Quarter). These figures are less than growth in Texas, which saw a gain of 4.0 percent from the 2nd Quarter of 2005. The gains felt were greater than than the gain felt at the national level of 2.0 percent.

Travis County One-Year Percentage Decline in Employment

The Support activities for animal production industry has seen the largest percentage drop in employment, losing 62.7 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 reported a gain of 12.3 percent. The losses in the Support activities for animal production industry in Travis County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 3.8 percent in terms of employment in the Support activities for animal production industry.

Top 5 Industries
1. Support activities for animal production (62.7 percent decline)
2. Other residential care facilities (47.1 percent decline)
3. Other food manufacturing (44.7 percent decline)
4. Facilities support services (28.3 percent decline)
5. Basic chemical manufacturing (27.4 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). Private Sector Employment Only.

Thursday, January 11, 2007

Income and Poverty in Travis County, Texas

Compared to other counties (and parishes) throughout the nation, Travis County was reported to have a relatively high household income of $54,710 (Adjusted to 2005 Dollars). This is 14.6 percent higher than the median in Texas of $46,715 and the median is 10.2 percent higher than the median household income level in the US of $49,133.

The poverty rate in Travis County, Texas has increased by 3.2 percent since the 2000 rates, moving from 12.5 percent to 15.7 percent.

While household income level experienced a decline during the period of 2000 to 2005 in Travis County, Texas, the Race/Ethnicity category that saw the sharpest decline in household income was the Asian category. This category saw a decline of 22.2 percent since the year 2000. The American Indian and Alaska Native population group was least impacted by the household income decline in Travis County, undergoing a 112.3 percent increase in household income, since the reported levels in 2000.

Contrasted against to other counties (or parishes) throughout the US, Travis County, Texas can be considered to have a medium-low poverty rate amid the residents with a poverty rate of 12.5 percent of the population with family incomes below the 1999 poverty level. The American Indian and Alaska Native race/ethnicity population category, holds the highest rate of poverty with 19.8 percent of the 2000 population living in poverty. People that are of the age 5 years are witness to the most percent living in poverty in Travis County, reporting 16.7 percent of this age cohort living in poverty.

In Travis County, Texas White headed households reported a median household income (2005 Dollars) of $59,739 according to the 2000 Dencennial Census, which was 9.2 percent greater than the median in the year 2000. Black or African American householders reported a median household income that was 25.6 percent less than the total 2000 reported median, with a their median reported to be $40,711. It was reported in 2000 that the Asian headed households had median household incomes of $54,379. This income level is 0.6 percent less than the all households reported median in the area. Hispanic headed households in Travis County, Texas , as reported in 2000, had a median household income of $43,382, which is 20.7 percent less than the areas median income level for all households. The American Indian and Alaska Native headed households in Travis County had a median income of $43,253, which was 20.9 percent less than the areas median level for all households.

The household income has declined from the values (adjusted for inflation) in 2000. The median has decreased to $48,026, representing a 12.2 percent decline. Travis County, Texas, when comparing total percent of decline, ranks 17 of 46 counties in percent of decline for median household income in the State of Texas. Travis County ranks 123 of 668 counties (or parishes) when analyzing the decline in median income in the US.

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

 

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