Tuesday, February 27, 2007

Midland Metro Area Industry Wages Exceed Texas, and Wages Exceed the United States Industry Wages


(Click Image to Enlarge Graph)



The overall industry wages in Midland, TX when analyzed can be described as relatively high when compared to other Metro Areas throughout the US in the 2nd quarter of 2006. The industry wages are 0.9 percent higher than the reported averages in the state of $41,186. The average pay was greater than the US average pay 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

Midland Five-Year Industry Employment Change

In the Midland, TX metro area, the total number of workers for all sectors has increased by 8,484 total jobs from 2001 to 2006.

Out of the 118 4-digit NAICS industries, 41 showed an escalation in the number employed, while 76 industries reported employment loss in the period.

Total Five-Year Employment Decline in the Midland Metro Area

From of the area's 4-digit NAICS industries, the Full-service restaurants industry faced the greatest employment loss with a total loss of 173 jobs in that time period. The declines in the Full-service restaurants industry make up 11.6 percent of the total employment decline in Midland, TX.

Top 5 Industries
1. Full-service restaurants (173 jobs lost)
2. Printing and related support activities (136 jobs lost)
3. Electronic markets and agents and brokers (96 jobs lost)
4. Other professional and technical services (96 jobs lost)
5. General freight trucking (91 jobs lost)

Total Five-Year Employment Growth in the Midland Metro Area

Of the industries (4-digit NAICS) in the area, the Architectural and engineering services industry has added the most employment with 979 jobs added during the time period. These new jobs in the Architectural and engineering services industry makes up 14.0 percent of the total growth in Midland.

Top 5 Industries
1. Architectural and engineering services (979 new jobs)
2. Support activities for mining (541 new jobs)
3. Management of companies and enterprises (474 new jobs)
4. Home health care services (461 new jobs)
5. Machinery and supply merchant wholesalers (308 new jobs)

Employment for all industries has increased by 18.8 percent since the 2nd Quarter figures of 2001. This change is greater than percent in the State of Texas, which went through a gain of 4.8 percent since 2001 ( 2nd Quarter). The gains were greater than than the gain felt at the national level of 2.6 percent.

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

The Printing and related support activities industry has seen the largest percentage drop in employment, losing 75.4 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry sector has gone through in the Texas, where the industry reported a loss of 21.5 percent. The losses in the Printing and related support activities industry in Midland outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 18.2 in percent of jobs in the Printing and related support activities industry.

Top 5 Industries
1. Printing and related support activities (75.4 percent decline)
2. Nonscheduled air transportation (67.4 percent decline)
3. Other ambulatory health care services (48.9 percent decline)
4. Electronic markets and agents and brokers (37.5 percent decline)
5. Other professional and technical services (34.4 percent decline)

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

The Unclassified industry has experienced the largest percentage growth, expanding by 1352.0 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Midland has expanded faster than the industry job growth experienced in Texas, where this industry saw a gain of 222.1 percent. The Unclassified industry in Midland outpaced the US in terms of percent growth of industry employment. During this period, the US gained 1.7 percent of the industry employment.

Top 5 Industries
1. Unclassified (1352.0 percent gain)
2. Data processing and related services (389.3 percent gain)
3. Machinery and equipment rental and leasing (260.1 percent gain)
4. Management of companies and enterprises (175.5 percent gain)
5. Special food services (170.6 percent gain)

 

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