Wednesday, March 21, 2007

In Young County, jobs in the power generation and supply pay the highest wages


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Employment in the power generation and supply industry had the highest average wages in Young County for the 2nd quarter of 2006. The average worker in the industry in Young County received a wage of $60,942 in 2006. The annual wage is less than the industry pay the State of Texas of $87,986 and less than then the wage for jobs in this industry at the United States Level of $76,551.

Other high-paying jobs in Young County, Texas are present in highway, street, and bridge construction ($60,179), chemical merchant wholesalers ($49,343), support activities for mining ($48,847) and securities and commodity contracts brokerage ($48,842) industries. Note: Clicking the Above Graphic Displays the Detailed Comparison

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.

Friday, March 09, 2007

Young County Wages have increased by 27.6% Since 2001


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Industry wages, from 2001 to 2006, have increased in Young County, Texas by a total of 27.6%. This is greater than the growth in industry wages for the State of Texas and greater than the growth in average wages for the US.

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

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


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The average total wages in all industries in Young County, Texas can be described as medium-high when compared to other Counties throughout the state in the 2nd quarter of 2006. The industry wages are 21.2 percent lower than the reported averages in the state of $41,186. The industry 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

Young County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Young County

Of the industries (4-digit NAICS) in the area, the Other specialty trade contractors industry has brought the most jobs with a total of 51 employees finding new jobs in the industry. The employment growth in the Other specialty trade contractors industry makes up 23.0 percent of the growth in Young County.

Top 5 Industries
1. Other specialty trade contractors (51 new jobs)
2. Offices of physicians (40 new jobs)
3. Unclassified (30 new jobs)
4. Full-service restaurants (30 new jobs)
5. Lessors of real estate (19 new jobs)

Total Five-Year Employment Decline in Young County

The Other general merchandise stores industry has lost the most employment with a total loss of 144 jobs during the time period. The jobs lost in the Other general merchandise stores industry make up 42.7 percent of the jobs lost during the period in Young County, Texas.

Top 5 Industries
1. Other general merchandise stores (144 jobs lost)
2. Limited-service eating places (42 jobs lost)
3. Building finishing contractors (27 jobs lost)
4. Private households (25 jobs lost)
5. Automobile dealers (23 jobs lost)

In Young County, Texas, the total number of workers for all sectors has increased by 705 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Out of the 33 industries with industry data reported by the BLS in each quarter, 15 reported job growth in the duration of the last five years and 17 industry sectors accounting for employment declines during that time period.

Young County Five-Year Percentage Growth in Employment

The Unclassified industry has experienced the largest percentage growth, expanding by 1285.7 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Young County has expanded faster than the industry job growth experienced in Texas, where the industry took a gain of 222.1 percent. The Unclassified industry in Young County outpaced the national average, which felt a gained 1.7 percent of the industry employment.

Top 5 Industries
1. Unclassified (1285.7 percent gain)
2. Other specialty trade contractors (192.5 percent gain)
3. Lessors of real estate (148.7 percent gain)
4. Building foundation and exterior contractors (106.7 percent gain)
5. Offices of physicians (53.4 percent gain)

Young County Five-Year Percentage Decline in Employment

The Other general merchandise stores industry has lost the largest amount of employment in terms of percentage, losing 86.4 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 reported a gain of 9.2 percent. The losses in the Other general merchandise stores industry in Young County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 31.2 percent in terms of employees in the Other general merchandise stores industry.

Top 5 Industries
1. Other general merchandise stores (86.4 percent decline)
2. Building finishing contractors (66.1 percent decline)
3. Services to buildings and dwellings (59.7 percent decline)
4. Private households (46.3 percent decline)
5. Automobile dealers (33.7 percent decline)

Total employment has increased by 14.8 percent from 2001 (2nd Quarter). These figures are greater than percent in the State of Texas, experiencing a gain of 4.8 percent from 2001 (2nd Quarter). The gains were greater than than the gain reported at the US level of 2.6 percent.





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.

Thursday, January 11, 2007

Income and Poverty in Young County, Texas

When compared to other counties (or parishes) across the United States, Young County, Texas may be understood as having a medium-high poverty rate amongst the population, with a poverty rate of 15.7 percent of the individuals existing in families with incomes under the poverty level in 1999. The Black or African American race/ethnicity population category, holds the highest rate of poverty with 49.3 percent of the 2000 population living in poverty. People that are of the age Under 5 years have the most percent of people living in poverty in Young County, having 27.5 percent of this age cohort living in poverty.

When compared to other counties (and parishes) throughout the United States, Young County accounted a medium-low median income for households of $35,684 (2005 Dollars). The income level is 30.9 percent lower than the median in State of Texas of $46,715 and the median household income is 37.7 percent lower than the median household income level in the US of $49,133.

In Young County, Texas White householders had a median household income (in 2005 Dollars) of $36,663 according to the 2000 Dencennial Census, which was 2.7 percent greater than the median income in 2000. Hispanic Householders in Young County, Texas reported a median household income of $27,788, this median household income is 22.1 percent less than the areas median income level for all households. The Asian headed households reported median household incomes of $60,590. This income level is 69.8 percent greater than the reported median household income, in the area, for all households. Black or African American headed households had a median household income that was 20.3 percent less than the overall median reported in 2000, with a reported median of $28,438. The American Indian and Alaska Native households in Young County had a median household income level of $20,232, this median was 43.3 percent less than the median income level in this area.







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

Wednesday, December 20, 2006

Higher Education in Young County, Texas

In Young County, Texas as reported in the Census of the year 2000, 14.8 percent of the White Alone, 20.2 percent of Black or African American, 75.8 percent of the Asian alone and 4.2 percent of the Hispanic or Latino population, over the age 25, has achieved at least a Bachelors Degree.

In 2000, the Census reported that in Young County, Texas, many men in the area have reached the High School Diploma category, with 32.6 percent receiving this level of education. The women in Young have attainment on average a lower level of higher education (Bachelors Degree or Higher) than the male population-- 16.6 percent (Men) versus 12.6 percent (Women). The most common level of education for women in the area is High School Diploma category, with 31.6 percent of the areas female population attaining this level of education.

Young County, Texas has a moderately-educated population of the working age, with 14.4 percent of the over 25 years old population having a Bachelors Degree or Higher, according to the 2000 Decennial Census. Young counted a lower percent of the population with at least a Bachelors than the State of Texas's proportion of 23.2 percent and a lower percent than the national average of 24.4 percent.





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

Wednesday, November 29, 2006

Demographic Profile for Young County, Texas

The population division of the Census Bureau estimates in 2005 a median age in Young County, Texas to be 41.7 years old. The median in Young is greater than the median age for the State of Texas of 33.2. From 2000, the area has seen an increase in the median age, at that time the median was 40.8 years of age. With 23.6 percent of the 2005 population being comprised of individuals under the age of 18, Young can be described as being made up of a medium-high proportion of youths. The working age population group (18-64) has a relatively low presence of the 2005 population base, with 56.5 percent of the population falling in this age category. The retirement (65 and over) group makes up 19.9 percent of the total population base. Compared to other counties throughout the nation, this represents a medium-high percent of the population base.

Young County, Texas had an estimated population of 18,000 in the year 2005. The population has increased, since its 2000 population of 17,928. This growth denotes an increase of 0.4 percent. Young ranks 145 of 254 counties by growth in total population in Texas and the county ranks 1,825 of 3,141 counties when calculating the total change in county population across the US.

Young County, Texas has a population that is made up of 84.2 percent White, 1.4 percent African American, 0.3 percent Asian, and 12.6 percent Hispanic. The population mix can be considered to have a modest level of diversity in terms of race and ethnicity, with 14.3 percent minorities. This is less than the State of Texas percent of 49.5. Since 2000, Young has increased in diversity when 12.2 percent of the people were minorities.

By measuring total land area, Young covers a total land area of 922 square miles. The land areas has a very low density of 20 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Jackson, WI (20 per sq. mile ), Dent, MO (20 per sq. mile ), Bates, MO (20 per sq. mile ), -- less densely populated -- Van Buren, TN (20 per sq. mile ), Lyon, IA (20 per sq. mile ), Madison, LA (20 per sq. mile ).

Since 2000, a medium-high amount of people migrated to Young from another country. The international migration into Young makes up 0 percent of the total migration into the State of Texas. This level of international migration can be considered medium-high when compared to international migration per 2005 population.

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

Monday, November 13, 2006

Housing Report for Young County, Texas

The State of Texas, Young County places 211 of 254 by percentage growth in residential real estate. The county is positioned 2,826 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

Young County had an owner-occupied dwelling median in 2000 of $45,200, reported by the Decennial Census. This is less than the overall Texas 2000 home median value of $82,500 and less than median owner-occupied dwelling value of $119,600 for the United States in the same year.

In Young County, the real estate market was made up of 8,603 housing units in the year 2005. This represents a growth in housing units, adding in all 53 residential structures since 2001, a change of 0.6 percent.

It can be understood that there is a large amount of housing that is affordable in Young County, Texas. In 2000, 92.9 percent of residential real estate was valued under $125,000.





Data Source: U.S. Census Bureau

Tuesday, October 31, 2006

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

Wholesale trade saw the biggest increase in jobs since the year 2001 in Young County, moving a total of 44.8 percent. This is greater than the national sector change of 0.4 percent. The State of Texas underwent a employment change in the industry of 0.7 percent, in the period of time since 2001.

In Young County, Mining, Utilities and Manufacturing have the highest US LQ in 2005. The Mining sector has a United State LQ of 29.93. The level of employment in the Mining industry is 29.93 times greater than the national average, signifying that Young specializes in Mining.

In Young County, Manufacturing, Mining, and the Retail Trade industries are the largest employment industries. The Manufacturing produces the largest number of jobs in the area accounting for 18.1 percent of total employment in the county, making up 932 people employed. The Mining and Retail Trade industries total 15.2 and 14 percent of total employment, respectively.

Manufacturing has the largest employers in Young County. In the County, the industry averages 33 jobs per place of business. This is less than the industry's average at the national level of 39 and less than the Texas typical size of 38 for the Manufacturing industry.









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

 

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