Tuesday, February 27, 2007

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


(Click Image to Enlarge Graph)



Total wages in all industries in Longview, TX when analyzed can be understood as being medium-high when analyzed with other Metro Areas in the United States. The overall wages are 17.1 percent lower than the reported averages in the state of $41,186. The industry pay was less than the industry average in the US 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

Longview Five-Year Industry Employment Change

Total Five-Year Employment Decline in the Longview Metro Area

From of the area's 4-digit NAICS industries, the Department stores industry witnessed the largest drop in employment, losing a total of 911 jobs. The declines in the Department stores industry make up 29.8 percent of the total employment decline in Longview, TX.

Top 5 Industries
1. Department stores (911 jobs lost)
2. Nonresidential building construction (711 jobs lost)
3. Building finishing contractors (619 jobs lost)
4. Grocery stores (423 jobs lost)
5. Waste treatment and disposal (163 jobs lost)

In the Longview, TX metro area, the total number of workers for all sectors has increased by 4,561 jobs between mid-2001 and mid-2006.

Total Five-Year Employment Growth in the Longview Metro Area

The Railroad rolling stock manufacturing industry has grown the most with 450 jobs added during the time period. These new jobs in the Railroad rolling stock manufacturing industry makes up 17.9 percent of the growth in Longview.

Top 5 Industries
1. Railroad rolling stock manufacturing (450 new jobs)
2. Building equipment contractors (322 new jobs)
3. Offices of physicians (263 new jobs)
4. Health and personal care stores (259 new jobs)
5. Utility system construction (235 new jobs)

Given the 32 industries with industry data reported by the BLS in each quarter, 11 showed an escalation in the number employed, while 21 industry sectors reported declines during the time period.

The Longview Metro Area: Five-Year Percentage Decline in Employment

The Building finishing contractors industry has lost the largest percent of jobs, losing 70 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Texas, where the industry sector experienced a gain of 2 percent. The losses in the Building finishing contractors industry in Longview outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 17.4 percent in terms of employment in the Building finishing contractors industry.

Top 5 Industries
1. Building finishing contractors (70 percent decline)
2. Electronic instrument manufacturing (66.3 percent decline)
3. Waste treatment and disposal (60.6 percent decline)
4. Advertising and related services (54.3 percent decline)
5. Nonresidential building construction (50.7 percent decline)

Total employment has increased by 6.2 percent from 2001 (2nd Quarter). These figures are greater than percent in the State of Texas, experiencing a gain of 4.8 percent since the 2nd Quarter of 2001. The gains were greater than than the gain felt at the national level of 2.6 percent.

The Longview Metro Area: Five-Year Percentage Growth in Employment

The Unclassified industry has experienced the largest percentage growth, expanding by 1224.0 percent from 2001 to 2006. This industry in Longview has added employment faster than the growth seen in the industry for Texas, where this industry saw a gain of 222.1 percent. The Unclassified industry in Longview outpaced the US in terms of percent growth of industry employment. During this period, the US gained 1.7 percent.

Top 5 Industries
1. Unclassified (1224.0 percent gain)
2. Office administrative services (205.7 percent gain)
3. Activities related to credit intermediation (159.4 percent gain)
4. Railroad rolling stock manufacturing (68.4 percent gain)
5. Personal care services (57.8 percent gain)

 

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