Tuesday, February 27, 2007

Corpus Christi Metro Area Industry Wages Lag Behind Texas, and Wages Lag Behind the United States Industry Wages


(Click Image to Enlarge Graph)



Wages in all industries in Corpus Christi, TX when analyzed can be understood as being medium-high when compared to other Metro Areas throughout the US in the 2nd quarter of 2006. The industry wages are 19.6 percent lower than the with an state average of $41,186. The average pay was less than the national industry average of $40,259.

About: These facts are part of 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.

Sunday, February 11, 2007

Corpus Christi Five-Year Industry Employment Change

The total number of jobs has increased by 4.7 percent from the reported values in 2001. These values are less than growth in the State of Texas, which experienced a gain of 4.8 percent since the 2nd Quarter of 2001. The gains felt were greater than than the gain experienced overall in the US of 2.6 percent.

The Corpus Christi Metro Area: Five-Year Percentage Growth in Employment

The Unclassified industry has gone through the largest job growth by percent, increasing by 205.3 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Corpus Christi has added employment slower than the overall industry growth seen in the State of Texas, where the industry felt a gain of 222.1 percent. The Unclassified industry in Corpus Christi outpaced the United States, which experienced a gained 1.7 percent in this industry.

Top 5 Industries
1. Unclassified (205.3 percent gain)
2. Coating, engraving, and heat treating metals (127.0 percent gain)
3. Computer systems design and related services (112.1 percent gain)
4. Other professional and technical services (85.9 percent gain)
5. Elementary and secondary schools (77.2 percent gain)

The Corpus Christi Metro Area: Five-Year Percentage Decline in Employment

The Book, periodical, and music stores industry has lost the biggest percent of jobs, losing 40.1 percent of the jobs from 2001 to 2006. These have declined faster than the industry has experienced in the State of Texas, where the industry sector experienced a loss of 15.9 percent. The losses in the Book, periodical, and music stores industry in Corpus Christi outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 20.9 in percent of workers in the Book, periodical, and music stores industry.

Top 5 Industries
1. Book, periodical, and music stores (40.1 percent decline)
2. Cement and concrete product manufacturing (33.8 percent decline)
3. Ship and boat building (27.4 percent decline)
4. Sound recording industries (25.6 percent decline)
5. Automotive repair and maintenance (23.3 percent decline)

Out of the 40 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 16 showed an escalation in the number employed, while 24 industry sectors reported declines during the time period.

In the Corpus Christi, TX metro area, the aggregate employment for all industry sectors has increased by 6,283 total jobs from 2001 to 2006.

Total Five-Year Employment Decline in the Corpus Christi Metro Area

The Nonresidential building construction industry experienced most substantial job loss, losing 474 jobs during the time period. The jobs lost in the Nonresidential building construction industry make up 24.4 percent of the jobs lost during the period in Corpus Christi, TX.

Top 5 Industries
1. Nonresidential building construction (474 jobs lost)
2. Ship and boat building (356 jobs lost)
3. Automotive repair and maintenance (352 jobs lost)
4. Cement and concrete product manufacturing (175 jobs lost)
5. Legal services (151 jobs lost)

Total Five-Year Employment Growth in the Corpus Christi Metro Area

Out of the 4-digit NAICS industries, the Full-service restaurants industry has accounted the most employment growth with a total of 1,062 employees finding new jobs in the industry. The employment growth in the Full-service restaurants industry makes up 24.0 percent of the total number of new jobs in Corpus Christi.

Top 5 Industries
1. Full-service restaurants (1,062 new jobs)
2. Limited-service eating places (886 new jobs)
3. Gasoline stations (346 new jobs)
4. Other professional and technical services (330 new jobs)
5. Architectural and engineering services (325 new jobs)

 

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