Wednesday, March 21, 2007

In Salt Lake County, jobs in the spectator sports pay the highest wages


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Jobs in the spectator sports industry reported the top wages in Salt Lake County for 2006. The average industry job in Salt Lake County received a wage of $129,309 in 2006. The average wage is greater than the industry wage in Utah of $87,682 and greater than then the pay for jobs in this industry across the nation of $84,169.

Other high-paying jobs in Salt Lake County, Utah are present in other financial investment activities ($110,976), support activities for mining ($96,524), petroleum and coal products manufacturing ($88,178) and ag., construction, and mining machinery mfg. ($81,719) 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.

Friday, March 09, 2007

Salt Lake County Wages have increased by 14.9% Since 2001


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From 2001 to 2006, average industry wages increased in Salt Lake County, Utah by a total of 14.9%. This is greater than the growth in average industry wages for Utah and less than the growth in industry wages for the nation as a whole.

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

Salt Lake County Industry Wages Exceed Utah, but Wages Lag Behind the United States


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The average total wages in all industries in Salt Lake County, Utah when analyzed can be understood as being relatively high when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 11 percent higher than the reported averages in the state of $33,232. The average industry wage 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.

Saturday, February 24, 2007

Salt Lake County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Salt Lake County

From the industries (4-digit NAICS) in the area, the Other general merchandise stores industry has added the most employment with 2,378 jobs added during the time period. These new jobs in the Other general merchandise stores industry makes up 4.9 percent of the total growth in Salt Lake County.

Top 5 Industries
1. Other general merchandise stores (2,378 new jobs)
2. Employment services (2,110 new jobs)
3. Building foundation and exterior contractors (2,042 new jobs)
4. Offices of physicians (1,643 new jobs)
5. Limited-service eating places (1,588 new jobs)

Given the 219 4-digit NAICS industries, 90 reported job growth in the duration of the last five years and 129 industry sectors reported declines during the time period.

In Salt Lake County, Utah, the total number of jobs throughout all industries has increased by 24,358 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Total Five-Year Employment Decline in Salt Lake County

The Nondepository credit intermediation industry faced the greatest employment loss with a total loss of 1,597 jobs during the period. The employment lost in the Nondepository credit intermediation industry make up 6.7 percent of the jobs lost during the period in Salt Lake County, Utah.

Top 5 Industries
1. Nondepository credit intermediation (1,597 jobs lost)
2. Computer and peripheral equipment mfg. (1,510 jobs lost)
3. Department stores (1,486 jobs lost)
4. Wired telecommunications carriers (1,337 jobs lost)
5. Specialized freight trucking (1,258 jobs lost)

Total employment has increased by 5.3 percent from 2001 (2nd Quarter). These figures are less than percent in Utah, which went through a gain of 11.4 percent from the 2nd Quarter of 2001. The gains the area experienced were greater than than the gain seen for the United States of 2.6 percent.

Salt Lake County Five-Year Percentage Decline in Employment

The Computer and peripheral equipment mfg. industry has lost the largest percent of jobs, losing 73 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined slower than the industry has experienced in the State of Utah, where the industry sector experienced a loss of 82.8 percent. The losses in the Computer and peripheral equipment mfg. industry in Salt Lake County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 32.5 percent in terms of employees in the Computer and peripheral equipment mfg. industry.

Top 5 Industries
1. Computer and peripheral equipment mfg. (73 percent decline)
2. Wireless telecommunications carriers (55.6 percent decline)
3. Motor vehicle parts manufacturing (54.1 percent decline)
4. Wired telecommunications carriers (51 percent decline)
5. Other heavy construction (50.1 percent decline)

Salt Lake County Five-Year Percentage Growth in Employment

The Office administrative services industry has gone through the largest job growth by percent, increasing by 153.2 percent from 2001 to 2006. This industry in Salt Lake County has expanded faster than the growth seen in the industry for Utah, where it saw a gain of 147 percent. The Office administrative services industry in Salt Lake County outpaced the nation in terms of industry employment growth . During this period, the nation gained 37.6 percent in this industry.

Top 5 Industries
1. Office administrative services (153.2 percent gain)
2. Textile furnishings mills (145.5 percent gain)
3. Junior colleges (122.2 percent gain)
4. Cable and other program distribution (116.9 percent gain)
5. Accessories and other apparel manufacturing (104.3 percent gain)





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

Salt Lake County One-Year Industry Employment Change

Total One-Year Employment Growth in Salt Lake County

Of the industries (4-digit NAICS) in the area, the Employment services industry has added the most employment with 1,640 employees finding new jobs in the industry. The employment growth in the Employment services industry makes up 5.9 percent of the growth in Salt Lake County.

Top 5 Industries
1. Employment services (1,640 new jobs)
2. Computer systems design and related services (1,481 new jobs)
3. Building equipment contractors (1,252 new jobs)
4. Building foundation and exterior contractors (1,077 new jobs)
5. Building finishing contractors (1,040 new jobs)

From the 222 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 61 accounted an for increase in employment during the period and 160 industry sectors reported declines during the time period.

In Salt Lake County, Utah, the total number of jobs throughout all industries has increased by 24,748 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Total One-Year Employment Decline in Salt Lake County

The General medical and surgical hospitals industry has lost the most employment with a total loss of 935 jobs. The declines in the General medical and surgical hospitals industry make up 26.2 percent of the jobs lost during the period in Salt Lake County, Utah.

Top 5 Industries
1. General medical and surgical hospitals (935 jobs lost)
2. Medical equipment and supplies manufacturing (421 jobs lost)
3. Wired telecommunications carriers (271 jobs lost)
4. Scheduled air transportation (224 jobs lost)
5. Department stores (117 jobs lost)

Salt Lake County One-Year Percentage Decline in Employment

The Vocational rehabilitation services industry has lost the largest amount of employment in terms of percentage, losing 32.1 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 sector has felt in the State of Utah, where the industry sector experienced a gain of 3.2 percent. The losses in the Vocational rehabilitation services industry in Salt Lake County outpaced the US in terms of percent of decline of industry employment. The US gained 0.6 in percent of workers in the Vocational rehabilitation services industry.

Top 5 Industries
1. Vocational rehabilitation services (32.1 percent decline)
2. Wired telecommunications carriers (17.4 percent decline)
3. RV parks and recreational camps (16 percent decline)
4. Other support activities for transportation (15.8 percent decline)
5. Book, periodical, and music stores (10.8 percent decline)

Salt Lake County One-Year Percentage Growth in Employment

The Cattle ranching and farming industry has witnessed the largest percentage of employment expansion, increasing by 167.3 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Salt Lake County has expanded faster than the industry has grown in the State of Utah, where it saw a gain of 13.4 percent. The Cattle ranching and farming industry in Salt Lake County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 2.4 percent in this industry.

Top 5 Industries
1. Cattle ranching and farming (167.3 percent gain)
2. Textile furnishings mills (73.1 percent gain)
3. Other information services (71.0 percent gain)
4. Electrical equipment manufacturing (57.4 percent gain)
5. Glass and glass product manufacturing (57.0 percent gain)

Total industry employment has increased by 5.4 percent from 2005 (2nd Quarter). These figures are less than growth in Utah, experiencing a gain of 6.1 percent from the 2nd Quarter of 2005. The gains in the area were greater than than the gain seen for the United States of 2.0 percent.





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 Salt Lake County, Utah

As the median income level saw a decline since 2000 in Salt Lake County, Utah, the Race/Ethnicity group that went through the most dramatic decline in median household income was the White Race/Ethnicity category. This group experienced a decline of 14.8 percent in the last five years. The Black or African American population category was least influenced by the median household income decline in Salt Lake County, encountering a 5 percent decline in median household income from 2000 to 2005.

The median household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $48,068, which represents a 15.1 percent decline. Salt Lake County, Utah, in terms of percentage of decline, ranks 1 of 5 counties in percent of decline for the household income level in the State of Utah. Salt Lake County ranks 52 of 668 counties (or parishes) when comparing the decline in median income level for the United States.

It was reported in 2000 that the Asian headed households had median household incomes of $52,252. This household income level is 7.7 percent less than the reported median household income, in the area, for all households. Hispanic households in Salt Lake County, Utah recorded a median income of $43,592, this median household income is 23 percent less than reported value of the areas total household median income for all households. Black or African American householders reported a median household income that was 27.5 percent less than the overall median reported in 2000, with a reported median of $41,040. The American Indian and Alaska Native headed households in Salt Lake County reported a median household income of $42,116, this level was 25.6 percent less than the median income level in this area. In Salt Lake County, Utah White householders had a median household income (in 2005 Dollars) of $58,013 according to the Decennial Census of 2000, which was 2.5 percent greater than the median in the year 2000.

Contrasted against to other counties (or parishes) throughout the US, Salt Lake County, Utah may be understood as having a poverty rate amid the residents with a poverty rate of 8.0 percent of the population with family incomes below the 1999 poverty level. The Black or African American race/ethnicity population cohort, has the uppermost poverty rate with 24.9 percent of the people in 2000 living in poverty. The population that is aged Under 5 years are witness to the most percent living in poverty in Salt Lake County, accounting 10.9 percent of this demographic group living with incomes under poverty.

The poverty rate in Salt Lake County, Utah has increased by 1.7 percent from the levels reported in the Decennial Census of 2000, moving from 8 percent to 9.7 percent.

When analyzed against other counties (and parishes) in the US, Salt Lake County had a relatively high household income of $56,596 (Adjusted to 2005 Dollars). This is 5.5 percent higher than the median in State of Utah of $53,499 and this is 13.2 percent higher than the median in the US, which is $49,133.

Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.

Wednesday, December 20, 2006

Higher Education in Salt Lake County, Utah

Since 2000, Salt Lake has increased in the percent of the population that is over the age of 25 with a BA or Higher. This population cohort has grown by 1.0 percent to a total of 28.4 percent in 2005, according to the American Community Survey. The 2005 proportion of highly educated population is greater than the State of Utah percent of 27.8 and greater than the US percent of 27.2.

According to the 2000 Decennial Census in Salt Lake County, Utah, a high proportion of the male population in the area have reached the Some College or Associates Degree category, with 33.8 percent receiving this level of education. The women in Salt Lake have attainment on average a lower level of higher education (Bachelors or Higher) than men -- 30.8 percent (Men) versus 24.2 percent (Women). The most common level of education for women in the area is Some College or Associates Degree category, with 37 percent of the female population achieving this education level.

Salt Lake County, Utah is made up of a highly-educated 2000 population, with 27.4 percent of the population over 25 years old having received at least a Bachelors Degree, according to the Decennial Census of 2000. Salt Lake counted a higher percent of the population with at least a Bachelors than the State of Utah's proportion of 26.2 percent and a higher percent than United States proportion of 24.4 percent.

From 2000 to 2005, the percent of the male population that can be considered highly educated has increased by 0.6 percent. By 2005, 31.6 percent of area's male population (+25) achieved a BA or Higher. During the same period, the percent of women (+25) that have earned a BA or higher has increased by a total of 1.2 percent. By the year 2005, a total of 25.4 percent of the total female population achieved this high level of education.

In Salt Lake County, Utah as reported in the 2000 Census, 28.6 percent of the White Alone, 22.6 percent of Black or African American, 36.6 percent of the Asian alone and 10 percent of the Hispanic or Latino population (over 25) has obtained a Bachelors Degree or Higher.

Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.

Wednesday, November 29, 2006

Demographic Profile for Salt Lake County, Utah

In the year 2005, the population division of U.S. Census Bureau estimates the median age in Salt Lake County, Utah to be 30.3 years old. The median age in Salt Lake is greater than the median age in Utah of 28.5. Since 2000, the area has experienced an increase in the median age, when it was 28.9 years of age. With a total of 28.7 percent of the population in the year 2005 being made up of individuals less than 18 years old, Salt Lake can be described as being made up of a relatively high proportion of youths. The working age population group (18-64) has a medium-high presence of the 2005 population base, with 63 percent of the population falling in this age category. The retirement (65 and over) group makes up 8.3 percent of the total population in the area. Compared to other counties in the US, this represents a relatively low proportion of the population.

Salt Lake County, Utah has a population that is made of 78.1 percent White, 1.1 percent African American, 2.8 percent Asian, and 14.7 percent Hispanic. This area can be considered to have a high level of racial and ethnic diversity, with 18.6 percent of the population being minorities. This is greater than the State of Utah percent of 13.5. Since 2000, Salt Lake has increased the percent of minority makeup when 15.6 percent of the people were minorities.

Salt Lake County, Utah had a total estimated population of 948,172 for the year 2005. The total population has increased sharply, since its 2000 population of 900,623. This growth signifies an increase of 5.3 percent. Salt Lake ranks 2 of 29 counties in terms of population growth in Utah and the county ranks 64 of 3,141 counties in terms of population growth in the United States.

When calculating the total land area, Salt Lake spans a total area of 737 square miles. The county has a very high density of 1,286 persons per square mile, in 2005. Similar counties, in terms of density, in the US include: -- more densely populated -- Seminole, FL (1,303 per sq. mile ), Baltimore, MD (1,313 per sq. mile ), Santa Clara, CA (1,316 per sq. mile ), -- less densely populated -- Anne Arundel, MD (1,228 per sq. mile ), New Castle, DE (1,227 per sq. mile ), Miami-Dade, FL (1,221 per sq. mile ).

Since the year 2000, a very high number of individual migrated to the Salt Lake from outside the country. The immigration into Salt Lake makes up 60.7 percent of immigration into the State of Utah. This percent of international migration is very high when analyzed against the base population in the year 2005 and compared to other counties across the US.

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

Monday, November 13, 2006

Housing Report for Salt Lake County, Utah

Salt Lake County had an owner-occupied dwelling median in 2005 of $179,200, reported by the American Community Survey. This value is greater than the Utah 2005 home median value of $167,200 and greater than median owner-occupied dwelling value of $167,500 for the United States in the same year.

The State of Utah, Salt Lake County ranks 17 of 29 in terms of growth of new housing structures between 2001 and 2005. The county stands 552 of 3,141, in terms of residential real estate percentage change change in the United States.

In Salt Lake County, the real estate market was made up of 337,601 homes in 2005. The county has experienced a growth in housing units, adding a total of 21,751 homes since 2001, or 6.9 percent.

The residential housing values in Salt Lake County, Utah have moderate increases since the Census values accounted for in the year 2000. The values have increased by $22,200, or 14.1 percent, since 2000 when they were valued at $157,000.

It can be understood that there is a limited amount of housing that is affordable in Salt Lake County, Utah. In 2005, 16.8 percent of owner-occupied dwellings were valued under $125k.

Salt Lake County has a medium percentage of homes that are high in price. In 2005, the American Community Survey reports that 4.2 percent residential property is valued over $500k.

Data Source: U.S. Census Bureau

Tuesday, October 31, 2006

Employment Report for Salt Lake County, Utah -- Annual 2005 Industry Summary

Management of companies and enterprises has the largest businesses in Salt Lake County, with the industry averaging 52 jobs per place of business. This is greater than the US industry average of 40 and greater than the State of Utah typical size of 43 for the Management of companies and enterprises industry.

In Salt Lake County, Retail Trade, Manufacturing, and the Health care and social assistance industries are the largest employment industries. The Retail Trade is the largest employment industry and makes up 13.3 percent of all jobs throughout the county, totaling 61,259 people employed. The Manufacturing and Health care and social assistance sectors provide 11 and 9.9 percent of total employment, respectively.

Educational services is the industry that has grown the most in terms of employment from 2001-2005 in Salt Lake County, with a job growth of 31 percent. This is greater than the United States change in the sector jobs of 13.8 percent. The State of Utah experienced a sector employment shift of 25.5 percent, in the last 5 years.

In Salt Lake County, Management of companies and enterprises, Finance and insurance and Transportation and Warehousing are the three industries with the highest location quotients. The Management of companies and enterprises sector has a United State LQ of 1.84. This means the percent of total employment in the Management of companies and enterprises industry is 1.84 times the percent of the national average, This signifies that Salt Lake specializes in Management of companies and enterprises.

Information between the years 2001 and 2005, saw the greatest loss in employment in Salt Lake County. The sector dealt with a loss of 2,583 total jobs during the period, accounting for 13.4 percent of employment in the sector. These losses made up 30 percent of the total jobs loss in the County.







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

 

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