Tuesday, February 27, 2007

Victoria County Industry Wages Lag Behind Texas, and Wages Lag Behind the United States


(Click Image to Enlarge Graph)



Wages in all industries in Victoria County, Texas can be described as relatively high when compared to other 2nd quarter of 2006 County wages throughout the state. The average pay is 18.8 percent lower than the state, which was reported to be $41,186. The average pay was less than the overall average in the United States 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.

Saturday, February 24, 2007

Victoria County Five-Year Industry Employment Change

The total number of jobs has increased by 2.5 percent from the reported values in 2001. These values are less than percent in the State of Texas, which experienced a gain of 4.8 percent from 2001 (2nd Quarter). The gains felt were less than than the gain reported at the US level of 2.6 percent.

Victoria County Five-Year Percentage Growth in Employment

The Household and institutional furniture mfg. industry has witnessed the largest percentage of employment expansion, increasing by 166.7 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Victoria County has increased employment faster than the industry job growth experienced in Texas, where this industry saw a gain of 5.5 percent. The Household and institutional furniture mfg. industry in Victoria County outpaced the US in terms of percent growth of industry employment. During this period, the US lost 11 percent of the employment in this industry.

Top 5 Industries
1. Household and institutional furniture mfg. (166.7 percent gain)
2. Management and technical consulting services (150.0 percent gain)
3. Accounting and bookkeeping services (145.9 percent gain)
4. Death care services (134.0 percent gain)
5. Nondepository credit intermediation (117.2 percent gain)

Victoria County Five-Year Percentage Decline in Employment

The Telecommunications resellers industry has seen the largest percentage drop in employment, losing 66 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has experienced in the State of Texas, where the industry sector experienced a loss of 52.2 percent. The losses in the Telecommunications resellers industry in Victoria County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 41.1 percent in terms of employment in the Telecommunications resellers industry.

Top 5 Industries
1. Telecommunications resellers (66 percent decline)
2. Commercial machinery repair and maintenance (62.9 percent decline)
3. Securities and commodity contracts brokerage (57.8 percent decline)
4. Advertising and related services (55.5 percent decline)
5. Business support services (50.3 percent decline)

In Victoria County, Texas, the total number of workers for all sectors has increased by 772 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

From the 96 industries with industry data reported by the BLS in each quarter, 41 reported job growth in the duration of the last five years and 55 industry sectors reported declines during the time period.

Total Five-Year Employment Decline in Victoria County

Of the area's industries (4-digit NAICS), the Employment services industry witnessed the largest drop in employment, losing a total of 354 jobs during the period. The employment lost in the Employment services industry make up 18.7 percent of the total employment decline in Victoria County, Texas.

Top 5 Industries
1. Employment services (354 jobs lost)
2. Depository credit intermediation (167 jobs lost)
3. Private households (110 jobs lost)
4. Lessors of real estate (107 jobs lost)
5. Telecommunications resellers (82 jobs lost)

Total Five-Year Employment Growth in Victoria County

The Support activities for mining industry has brought the most jobs with a total of 340 new jobs created in the period. The job growth in the Support activities for mining industry makes up 13.5 percent of the total employment growth in Victoria County.

Top 5 Industries
1. Support activities for mining (340 new jobs)
2. Accounting and bookkeeping services (183 new jobs)
3. Home health care services (170 new jobs)
4. Building foundation and exterior contractors (164 new jobs)
5. Building material and supplies dealers (114 new jobs)





About: This report is part 2 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.

 

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