Wednesday, March 21, 2007

In Utah County, jobs in the securities and commodity contracts brokerage pay the highest wages


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Individuals that are employed in the securities and commodity contracts brokerage industry wages were the highest in Utah County for 2006. The average worker in the industry in Utah County received an annual wage of $88,375 in 2006. The average wage is greater than the industry wage in Utah of $71,118 and less than then the wage for jobs in this industry in the US of $138,150.

Other top-pay jobs in Utah County, Utah may be found in other investment pools and funds ($80,133), power generation and supply ($77,403), internet publishing and broadcasting ($76,588) and offices of physicians ($71,965) 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

Utah County Wages have increased by 11.2% Since 2001


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Industry wages, from 2001 to 2006, have increased in Utah County, Utah by a total of 11.2%. This is less than the growth in industry wages for the State of Utah and less than the growth in industry wages across 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

Utah County Industry Wages Lag Behind Utah, and Wages Lag Behind the United States


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Total wages in all industries in Utah County, Utah when analyzed can be understood as being relatively high when compared to other 2nd quarter of 2006 County wages throughout the state. The average pay is 6 percent lower than the with an state average of $33,232. The average industry wage was less 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.

Saturday, February 24, 2007

Utah County Five-Year Industry Employment Change

Utah County Five-Year Percentage Decline in Employment

The Other ambulatory health care services industry has seen the largest percentage drop in employment, losing 79.7 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has felt in the State of Utah, where the it saw a gain of 10.4 percent. The losses in the Other ambulatory health care services industry in Utah County outpaced the United States industry losses overall. During this period, the United States gained 21.3 in percent of jobs in the Other ambulatory health care services industry.

Top 5 Industries
1. Other ambulatory health care services (79.7 percent decline)
2. Electronic equipment repair and maintenance (76.8 percent decline)
3. Magnetic media manufacturing and reproducing (63.9 percent decline)
4. Other heavy construction (56.7 percent decline)
5. Sound recording industries (51.4 percent decline)

Utah County Five-Year Percentage Growth in Employment

The Grantmaking and giving services industry has seen the largest percentage job growth, expanding by 407.5 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Utah County has added employment faster than the overall industry growth seen in the State of Utah, where it saw a loss of 13.9 percent. The Grantmaking and giving services industry in Utah County outpaced the nation in terms of industry employment growth . During this period, the nation lost 3.5 percent of the employment in this industry.

Top 5 Industries
1. Grantmaking and giving services (407.5 percent gain)
2. Investigation and security services (399.0 percent gain)
3. Telecommunications resellers (344.2 percent gain)
4. Other schools and instruction (334.3 percent gain)
5. Technical and trade schools (276.7 percent gain)

Total industry employment has increased by 13.9 percent from 2001 (2nd Quarter). These figures are greater than percent in the State of Utah, which saw a gain of 11.4 percent from 2001 (2nd Quarter). The gains in the area were greater than than the gain reported at the US level of 2.6 percent.

Total Five-Year Employment Growth in Utah County

Of the industries (4-digit NAICS) in the area, the Other general merchandise stores industry has added the most employment with 1,984 new jobs created in the period. The job growth in the Other general merchandise stores industry makes up 7.6 percent of the growth in Utah County.

Top 5 Industries
1. Other general merchandise stores (1,984 new jobs)
2. Building foundation and exterior contractors (1,382 new jobs)
3. Employment services (1,016 new jobs)
4. Limited-service eating places (995 new jobs)
5. Other schools and instruction (929 new jobs)

From the 158 industries with industry data reported by the BLS in each quarter, 48 accounted an for increase in employment during the period and 109 industry sectors accounting for employment declines during that time period.

Total Five-Year Employment Decline in Utah County

From of the area's 4-digit NAICS industries, the Department stores industry faced the greatest employment loss with a total loss of 1,386 jobs in that time period. The declines in the Department stores industry make up 24.1 percent of the employment lost during the period in Utah County, Utah.

Top 5 Industries
1. Department stores (1,386 jobs lost)
2. Magnetic media manufacturing and reproducing (938 jobs lost)
3. Computer systems design and related services (548 jobs lost)
4. Software publishers (538 jobs lost)
5. Electronics and appliance stores (308 jobs lost)

In Utah County, Utah, the entire sum of jobs in all industries overall has increased by 17,260 jobs from mid-2001 to mid-2006.





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

Utah County One-Year Industry Employment Change

Utah County One-Year Percentage Decline in Employment

The Nonmetallic mineral mining and quarrying industry has lost the largest amount of employment in terms of percentage, losing 57.7 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 gone through in the Utah, where the industry sector experienced a gain of 3.4 percent. The losses in the Nonmetallic mineral mining and quarrying industry in Utah County outpaced the US in terms of percent of decline of industry employment. The US gained 1 in percent of workers in the Nonmetallic mineral mining and quarrying industry.

Top 5 Industries
1. Nonmetallic mineral mining and quarrying (57.7 percent decline)
2. Other chemical product and preparation mfg. (57.2 percent decline)
3. Other financial investment activities (55 percent decline)
4. Sound recording industries (39.8 percent decline)
5. Automotive equipment rental and leasing (22 percent decline)

Utah County One-Year Percentage Growth in Employment

The Freight transportation arrangement industry has witnessed the largest percentage of employment expansion, increasing by 148.2 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Utah County has grow faster than the growth seen in the industry for Utah, where it saw a gain of 3.4 percent. The Freight transportation arrangement industry in Utah County outpaced the national average, which felt a gained 2.7 percent.

Top 5 Industries
1. Freight transportation arrangement (148.2 percent gain)
2. Animal food manufacturing (75.2 percent gain)
3. Telecommunications resellers (70.1 percent gain)
4. Activities related to credit intermediation (65.9 percent gain)
5. Lumber and const. supply merchant wholesalers (61.4 percent gain)

Total employment has increased by 6.2 percent since the 2nd Quarter of 2005. This is greater than percent in Utah, which experienced a gain of 6.1 percent since the 2nd Quarter of 2005. The gains in the area were greater than than the gain experienced overall in the US of 2.0 percent.

Total One-Year Employment Growth in Utah County

Of the industries (4-digit NAICS) in the area, the Building foundation and exterior contractors industry has brought the most jobs with a total of 488 jobs added during the time period. These new jobs in the Building foundation and exterior contractors industry makes up 4.7 percent of the growth in Utah County.

Top 5 Industries
1. Building foundation and exterior contractors (488 new jobs)
2. Building equipment contractors (430 new jobs)
3. Business support services (410 new jobs)
4. Sporting goods and musical instrument stores (393 new jobs)
5. Residential building construction (387 new jobs)

Total One-Year Employment Decline in Utah County

The Other financial investment activities industry experienced most substantial job loss, losing 234 jobs in that time period. The declines in the Other financial investment activities industry make up 11.9 percent of the jobs lost during the period in Utah County, Utah.

Top 5 Industries
1. Other financial investment activities (234 jobs lost)
2. Newspaper, book, and directory publishers (186 jobs lost)
3. Software publishers (169 jobs lost)
4. Individual and family services (144 jobs lost)
5. Computer systems design and related services (142 jobs lost)

From the 167 industries with industry data reported by the BLS in each quarter, 45 showed an escalation in the number employed, while 119 industry sectors accounting for employment declines during that time period.

In Utah County, Utah, the aggregate employment for all industry sectors has increased by 8,256 total jobs from 2005 to 2006.





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 Utah County, Utah

When analyzed against other counties (and parishes) in the US, Utah County had a relatively high household income of $53,625 (2005 Dollars). This median is 0.2 percent higher than the household income median in State of Utah of $53,499 and the median household income is 8.4 percent higher than the median household income level in the US of $49,133.

The median household income in the area has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $47,428, representing a 11.6 percent decline. Utah County, Utah, when comparing total percent of decline, ranks 3 of 5 counties in percent of decline for household income in Utah. Utah County ranks 160 of 668 counties (or parishes) when comparing the decline in median income level for the United States.

Contrasted against to other counties (or parishes) throughout the US, Utah County, Utah may be understood as having a medium-low poverty rate amid the residents with a poverty rate of 12.0 percent of the population with family incomes below the 1999 poverty level. The Asian race/ethnicity population cohort, has the uppermost poverty rate with 33 percent of the population in 2000 living in poverty. Individuals aged 18 to 64 years have the largest percent of population in poverty in Utah County, accounting 14.6 percent of this age cohort living in poverty.

The rate of poverty in Utah County, Utah has increased by 0.2 percent since the amounts published in 2000, moving from 12 percent to 12.2 percent.

While the median household income saw a decline from 2000 to 2005 in Utah County, Utah, the Race/Ethnicity group that went through the most dramatic decline in the household income level was the Asian category. This category saw a decline of 28.1 percent since 2000. The American Indian and Alaska Native population category was least influenced by the median household income decline in Utah County, undergoing a 40.9 percent increase in median household income from 2000 to 2005.

The American Indian and Alaska Native householders in Utah County had a median income of $42,588, this median was 20.6 percent less than the areas median level for all households. In Utah County, Utah White headed households reported a median household income (2005 Dollars) of $54,448 according to the Decennial Census of 2000, which was 1.5 percent greater than the median household income in 2000. Hispanic households in Utah County, Utah , as reported in 2000, had a median household income of $41,668, this median is 22.3 percent less than the reported median household income for all households in the area. Black or African American householders reported household income levels that were 21.3 percent less than the overall median reported in 2000, with a reported median of $42,225. The Asian headed households reported median household incomes of $43,332. This median income level is 19.2 percent less than the reported median household income, in the area, for all households.

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

Wednesday, December 20, 2006

Higher Education in Utah County, Utah

From the year 2000, Utah has increased in the total percent of the over 25 population having a Bachelors Degree or Higher. This population group has grown by 3.6 percent to a total of 35 percent in 2005, as reported by the American Community Survey. The proportion of the 2005 population having received at least a BA is greater than the 2005 State of Utah percent of 27.8 and greater than the average US percent of 27.2.

Between 2000 and 2005, the percent of the male population that can be understood as highly educated has increased by 3.2 percent. By 2005, 39.2 percent of area's male population, over the age 25, achieved a Bachelors Degree or Higher. At the same time, the percent of women, over the age 25, holding at least a Bachelors Degree has increased by a total of 4.4 percent. By 2005, a total of 31 percent of the female population had achieved this level of education.

In Utah County, Utah according to the Decennial Census of 2000, 32.2 percent of the White Alone, 25.8 percent of Black or African American, 48.6 percent of the Asian alone and 16.2 percent of the Hispanic or Latino (+25) population has achieved at least a Bachelors Degree.

Utah County, Utah may to understood as having a highly-educated working age population, with 31.4 percent of the population over 25 years old having received at least a Bachelors Degree, according to the Decennial Census of 2000. Utah is reported having a higher percent of individuals with higher educations than the State of Utah's proportion of 26.2 percent and a higher percent than the national average of 24.4 percent.

According to the 2000 Decennial Census in Utah County, Utah, a high proportion of the male population in the area have reached the Some College or Associates Degree category, with 37.8 percent receiving this level of education. The women in Utah have attainment on average a lower level of higher education (Bachelors Degree or Higher) than the male population-- 36.4 percent (Men) versus 26.6 percent (Women). The most common level of education for women in the area is Some College or Associates Degree category, with 42.6 percent of the women population in the area achieving this level of education.

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

Wednesday, November 29, 2006

Demographic Profile for Utah County, Utah

Since the year 2000, a high number of individual migrated to the Utah internationally. The migration from outside the US into Utah accounts for 16 percent of the total migration into the State of Utah. This percent of immigration can be considered high when comparing levels of immigration per population in 2005.

Utah County, Utah has a population that is made up of 87.7 percent White, 0.3 percent African American, 1.1 percent Asian, and 8.4 percent Hispanic. The area population base can be described as having a modest level of diversity, with 9.8 percent of the population made up of minorities. This is less than the State of Utah percent of 13.5. Since 2000, Utah has increased the level of diversity when 8.5 percent of the population was made up of minorities.

Utah County, Utah had an estimated population of 443,738 in 2005. The estimated population has increased very sharply, since its 2000 population of 370,865. This growth signifies an increase of 19.6 percent. Utah ranks 1 of 29 counties when calculating total change in population for Utah and the county ranks 37 of 3,141 counties when calculating the total change in county population across the US.

In the year 2005, the population division of U.S. Census Bureau estimates the median age in Utah County, Utah to be 24.9 years old. The median age in Utah is less than the median in Utah of 28.5. Since the year 2000, the area has seen an increase in the median age, at that time the median was 23.3 years of age. With 33.2 percent of the population in 2005 being comprised of children and youth younger than 18, Utah can be described as having a relatively high percent of individuals under 18. The working age population group (18-64) has a medium-low representation within the estimated 2005 area population, making up 60.3 percent of the population within the age category. People 65 years old and older make up 6.5 percent of the population. When compared to other counties in the United States, this represents a relatively low proportion of the population.

When calculating the total land area, Utah encompasses a total area of 1998 square miles. The land areas has a medium-high average area density of 222 persons per square mile. Other counties with similar densities in the US include: -- more densely populated -- Sangamon, IL (222 per sq. mile ), Sheboygan, WI (223 per sq. mile ), Douglas, KS (225 per sq. mile ), -- less densely populated -- Black Hawk, IA (222 per sq. mile ), Sebastian, AR (221 per sq. mile ), Benton, AR (221 per sq. mile ).

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

Monday, November 13, 2006

Housing Report for Utah County, Utah

Utah County had a median home value in the year 2005 of $177,600, published by the American Community Survey. This is greater than the overall Utah 2005 median home value of $167,200 and greater than median owner-occupied dwelling value of $167,500 across the United States during the same year.

The residential housing values in Utah County, Utah have moderate increases since the Census values accounted for in the year 2000. The values have increased by $21,200, or 13.6 percent, from when in 2000 they were valued at $156,400.

Throughout the State of Utah, Utah County stands 3 of 29 in terms of growth of new housing structures between 2001 and 2005. The county stands 80 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

There seems to be a limited amount of real estate that is affordable in Utah County, Utah. In 2005, 11.9 percent of residential real estate was valued under $125,000.

In Utah County, there were a total of 127,340 homes in the year 2005. This county has gone through a growth in housing units, adding a sum of 18,369 residential structures since 2001, a change of 16.9 percent.

Utah County has a medium percentage of homes that are high in price. In 2005, the American Community Survey reported that 3.7 percent residential property is valued over $500k.

Data Source: U.S. Census Bureau

Tuesday, October 31, 2006

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

Educational services has a largest number of employee per establishment in Utah County. In the County, the industry averages 46 jobs per place of business. This is greater than the industry's average at the national level of 27 and greater than the State of Utah typical size of 19 for the Educational services industry.

In Utah County, Retail Trade, Manufacturing, and the Health care and social assistance sectors, in terms of total employment, are the largest. Retail Trade is the largest employment industry and makes up 15.2 percent of total employment in the county, making up 20,442 people employed. The Manufacturing and Health care and social assistance sectors account for 12.8 and 11.3 percent of the total jobs, respectively.

In Utah County, Educational services, Information and Construction are the three industries with the highest location quotients. The Educational services industry has a US LQ in the county of 3.4. In other words, the percent of total jobs in the Educational services industry is 3.4 times the percent of the national average, This signifies that Utah specializes in Educational services.

Mining is an attractive industry due to its high level of job growth since the year 2001 in Utah County, with an employment growth of 31.4 percent. This is greater than the industry job change at the national level of 4.7 percent. The State of Utah saw a change in employment in the sector of 17.5 percent, in the period of time since 2001.

Manufacturing since the year 2001 lost the most jobs in Utah County. The sector dealt with a loss of 2,251 jobs, or 11.6 percent of employment in the sector. These losses made up 83.6 percent of the total loss in employment during the period.







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

 

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