Wednesday, March 21, 2007

In Panola County, jobs in the electronic markets and agents and brokers pay the highest wages


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Individuals that are employed in the electronic markets and agents and brokers industry had the highest average wages in Panola County for 2006. The average industry job in Panola County received an annual wage of $83,587 in 2nd quarter of 2006. The wage rate is greater than the industry wage in Texas of $68,153 and greater than then the wage for jobs in this industry in the US of $67,074.

High-wage employment in Panola County, Texas exsists in management and technical consulting services ($74,141), chemical merchant wholesalers ($58,380), specialized freight trucking ($54,628) and support activities for mining ($51,638) industries. Note: For Detail Comparison, Click the Above Graph

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.

Tuesday, February 27, 2007

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


(Click Image to Enlarge Graph)



Wages in all industries in Panola County, Texas when analyzed can be understood as being medium-high when compared to other Counties throughout the state in the 2nd quarter of 2006. The industry wages are 20.8 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.

Saturday, February 24, 2007

Panola County Five-Year Industry Employment Change

Panola County Five-Year Percentage Growth in Employment

The Services to buildings and dwellings industry has experienced the largest percentage growth, expanding by 287.4 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Panola County has increased employment faster than the industry has grown in the State of Texas, where it saw a gain of 4.9 percent. The Services to buildings and dwellings industry in Panola County outpaced the United States, which experienced a gained 11 percent of the employment in this industry.

Top 5 Industries
1. Services to buildings and dwellings (287.4 percent gain)
2. Utility system construction (191.0 percent gain)
3. Chemical merchant wholesalers (153.3 percent gain)
4. Support activities for mining (149.9 percent gain)
5. Accounting and bookkeeping services (142.3 percent gain)

Panola County Five-Year Percentage Decline in Employment

The Management and technical consulting services industry has lost the biggest percent of jobs, losing 81.1 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 sector experienced a gain of 31.6 percent. The losses in the Management and technical consulting services industry in Panola County outpaced the United States industry losses overall. During this period, the United States gained 22.1 in percent of workers in the Management and technical consulting services industry.

Top 5 Industries
1. Management and technical consulting services (81.1 percent decline)
2. Health and personal care stores (30.8 percent decline)
3. Gasoline stations (28.2 percent decline)
4. Legal services (27.3 percent decline)
5. Private households (18.5 percent decline)

Total employment has increased by 22.9 percent from the reported values in 2001. These values are greater than percent in the State of Texas, which saw a gain of 4.8 percent since the 2nd Quarter of 2001. The gains the area experienced were greater than than the gain experienced overall in the US of 2.6 percent.

Total Five-Year Employment Growth in Panola County

Out of the 4-digit NAICS industries, the Utility system construction industry has accounted the most employment growth with a total of 455 total jobs brought in during the period. The growth in the Utility system construction industry makes up 33.4 percent of the total number of new jobs in Panola County.

Top 5 Industries
1. Utility system construction (455 new jobs)
2. Support activities for mining (346 new jobs)
3. Other specialty trade contractors (138 new jobs)
4. Services to buildings and dwellings (137 new jobs)
5. Nursing care facilities (63 new jobs)

In Panola County, Texas, the entire sum of jobs in all industries overall has increased by 1,213 jobs between mid-2001 and mid-2006.

Given the 30 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 10 accounted an for increase in employment during the period and 19 industry sectors reported declines during the time period.

Total Five-Year Employment Decline in Panola County

Of the area's industries (4-digit NAICS), the Gasoline stations industry experienced most substantial job loss, losing 28 jobs during the time period. The jobs lost in the Gasoline stations industry make up 34.6 percent of the total job loss in Panola County, Texas.

Top 5 Industries
1. Gasoline stations (28 jobs lost)
2. Legal services (13 jobs lost)
3. Health and personal care stores (12 jobs lost)
4. Management and technical consulting services (10 jobs lost)
5. Private households (8 jobs lost)





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.

Monday, January 22, 2007

Panola County One-Year Industry Employment Change

Panola County One-Year Percentage Growth in Employment

The General freight trucking industry has seen the largest percentage job growth, expanding by 120.2 percent from the 2005 (Q2) to the 2006 (Q2). This industry in Panola County has added employment faster than the growth seen in the industry for Texas, where the industry took a gain of 4.1 percent. The General freight trucking industry in Panola County outpaced the United States, which experienced a gained 2.3 percent of the industry employment.

Top 5 Industries
1. General freight trucking (120.2 percent gain)
2. Building finishing contractors (50.0 percent gain)
3. Accounting and bookkeeping services (43.2 percent gain)
4. Other specialty trade contractors (42.9 percent gain)
5. General rental centers (35.3 percent gain)

The total number of jobs has increased by 7.9 percent from the reported values in 2005. These values are greater than growth in the State of Texas, which saw a gain of 4.0 percent since the 2nd Quarter of 2005. The gains felt were greater than than the gain experienced overall in the US of 2.0 percent.

Panola County One-Year Percentage Decline in Employment

The Unclassified industry has lost the largest amount of employment in terms of percentage, losing 53.8 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry has experienced in the State of Texas, where the industry felt a gain of 28.8 percent. The losses in the Unclassified industry in Panola County outpaced the US in terms of percent of decline of industry employment. The US gained 12.1 percent in terms of employment in the Unclassified industry.

Top 5 Industries
1. Unclassified (53.8 percent decline)
2. Building foundation and exterior contractors (32.7 percent decline)
3. Lessors of real estate (16.7 percent decline)
4. Offices of physicians (16.5 percent decline)
5. Legal services (14.4 percent decline)

Of the 43 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 14 reported job growth in the duration of the year and 25 industries reported a drop in employment.

Total One-Year Employment Growth in Panola County

The Utility system construction industry has grown the most with 166 jobs added during the time period. These new jobs in the Utility system construction industry makes up 30.1 percent of the total number of new jobs in Panola County.

Top 5 Industries
1. Utility system construction (166 new jobs)
2. Other specialty trade contractors (111 new jobs)
3. Support activities for mining (86 new jobs)
4. General freight trucking (44 new jobs)
5. Limited-service eating places (41 new jobs)

In Panola County, Texas, the entire sum of jobs in all industries overall has increased by 477 jobs between mid-2005 and mid-2006.

Total One-Year Employment Decline in Panola County

The Specialized freight trucking industry witnessed the largest drop in employment, losing a total of 21 jobs during the time period. The jobs lost in the Specialized freight trucking industry make up 31.8 percent of the jobs lost during the period in Panola County, Texas.

Top 5 Industries
1. Specialized freight trucking (21 jobs lost)
2. Building foundation and exterior contractors (11 jobs lost)
3. Unclassified (7 jobs lost)
4. Legal services (6 jobs lost)
5. Offices of physicians (5 jobs lost)





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 Panola County, Texas

Contrasted against to other counties (or parishes) throughout the US, Panola County, Texas can be considered to have a medium-high rate of poverty among the people, accounting a rate of 14.1 percent with a family income under the 1999 poverty level. The Hispanic race/ethnicity population category, holds the highest rate of poverty with 32 percent of the population in 2000 living in poverty. Individuals aged 5 years are witness to the most percent living in poverty in Panola County, reporting 25.3 percent of the population in this age category living in poverty.

When compared to other counties (and parishes) throughout the United States, Panola County had a medium-low median income for all households of $37,334 (2005 Dollars). This median is 25.1 percent lower than the household income median in State of Texas of $46,715 and this is 31.6 percent lower than the median household income level in the US of $49,133.

The American Indian and Alaska Native households in Panola County had a median household income level of $21,572, this level was 42.2 percent less than the median level for total households in the area. Black or African American headed households had median income levels that were 36 percent less than the total 2000 reported median, with a their median reported to be $23,901. It was reported in 2000 that the Asian headed households had median household incomes of $45,240. This median is 21.2 percent greater than the reported median household income for all households in the area. In Panola County, Texas White headed households reported a median household income (2005 Dollars) of $39,875 as reported in 2000 by the census, which was 6.8 percent greater than the median in the year 2000. Hispanic households in Panola County, Texas , as reported in 2000, had a median household income of $21,450, this median is 42.5 percent less than the median reported for all households in the area.







Datasource: U.S. Bureau of the Census. 2000 Decennial Census.

Wednesday, November 29, 2006

Demographic Profile for Panola County, Texas

Panola County, Texas has a population that is made up of 76.2 percent White, 17.3 percent African American, 0.4 percent Asian, and 5.1 percent Hispanic. The area population base can be described as having a high level of diversity, with 22.8 percent of minorities in the 2005 population base. This is less than the State of Texas percent of 49.5. Since 2000, Panola has increased in diversity when 21.6 percent of the population was made up of minorities.

Panola County, Texas had a population of 22,997 in 2005. The estimated population has increased, since its 2000 population of 22,750. This growth signifies an increase of 1.1 percent. Panola ranks 120 of 254 counties in terms of population growth in Texas and the county ranks 1,608 of 3,141 counties when calculating the total change in county population across the US.

When measuring the total land area, Panola extends a total area of 801 square miles. The land areas has a low average population density of 29 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Fayette, AL (29 per sq. mile ), Montgomery, MS (29 per sq. mile ), DeKalb, MO (29 per sq. mile ), -- less densely populated -- Sandoval, NM (29 per sq. mile ), Gem, ID (29 per sq. mile ), Braxton, WV (29 per sq. mile ).

Estimated since the year 2000, a medium-high amount of people have migrated to Panola from outside the country. The immigration into Panola totals 0 percent of the total migration into the State of Texas. This percent of immigration can be considered medium-high when analyzed against the base population in the year 2005 and compared to other counties across the US.

The population division of the Census Bureau estimates in 2005 a median age in Panola County, Texas to be 39.7 years of age. The median in Panola is greater than the median in Texas of 33.2. Since the year 2000, the area has seen an increase in the median, when the median age was 38.9 years of age. With 24 percent of the 2005 population being comprised of individuals under the age of 18, Panola can be described as being made up of a medium-high percent of individuals under 18. The working age population group (18-64) has a medium-low presence of the 2005 population base, with 60 percent of the population within the age category. People 65 years old and older make up 16 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-high proportion of the area population base.

Datasource: Population Estimates Program, U.S. Bureau of the Census.

Tuesday, October 31, 2006

Employment Report for Panola County, Texas -- Annual 2005 Industry Summary

Manufacturing has the largest employers in Panola County, with the industry averaging 49 jobs per place of business. This is greater than the US industry average of 39 and greater than the State of Texas establishments size average of 38 for the Manufacturing industry.

In Panola County, Mining, Construction and Agriculture, forestry, fishing and hunting industries have the highest United States location quotient (LQ). The Mining industry has a US LQ in the county of 20.18. The percent of employment in the Mining sector is 20.18 times greater than the US average, showing signs that Panola County produces more than its local requirement of products and/or services of Mining.

Agriculture, forestry, fishing and hunting has seen the highest growth in employment from the years 2001-2005 in Panola County, growing by 145.8 percent. This is greater than the United States change in the sector jobs of -0.6 percent. The State of Texas had an industry job change of -2 percent, in the recent period of 2001-2005.

In Panola County, Construction, Manufacturing, and the Health care and social assistance sectors, in terms of total employment, are the largest. Construction provides the most jobs and contributes 17.2 percent of all jobs throughout the county, totaling 1,041 employees. The Manufacturing and Health care and social assistance industries make up 15.3 and 12.9 percent of total employment, respectively.

The Manufacturing industry decreased the most in percent of total employment in Panola County, since the year 2001, moving from making up 22.3 percent of total jobs in the year 2001 to 15.3 percent of employment in 2005.

Manufacturing since the year 2001 was faced with the largest loss in employment in Panola County. The industry lost a total of 251 total jobs during the period, accounting for 21.3 percent of jobs in the industry. The losses in this industry made up 51.2 percent of all employment losses in the county.





Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).

 

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