Bedford city One-Year Industry Employment Change

Total employment has decreased by 11.6 percent from the reported values in 2005. These values are greater than percent in the State of Virginia, which experienced a gain of 1.9 percent since the 2nd Quarter of 2005. The losses the area experienced were greater than than the gain seen for the United States of 2.0 percent.

Bedford city One-Year Percentage Decline in Employment

The Offices of other health practitioners industry has lost the biggest percent of jobs, losing 48.8 percent of the jobs from 2005 to 2006. These have declined faster than the industry sector has gone through in the Virginia, where the industry sector experienced a gain of 4.7 percent. The losses in the Offices of other health practitioners industry in Bedford city outpaced the United States industry losses overall. During this period, the United States gained 4 percent in terms of employees in the Offices of other health practitioners industry.

Top 5 Industries
1. Offices of other health practitioners (48.8 percent decline)
2. Automobile dealers (18.1 percent decline)
3. Building foundation and exterior contractors (15.8 percent decline)
4. Offices of dentists (14 percent decline)
5. Auto parts, accessories, and tire stores (6.8 percent decline)

Bedford city One-Year Percentage Growth in Employment

The Full-service restaurants industry has seen the largest percentage job growth, expanding by 117.6 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Bedford city has grow faster than the industry job growth experienced in Virginia, where it saw a gain of 3.2 percent. The Full-service restaurants industry in Bedford city outpaced the US in terms of percent growth of industry employment. During this period, the US gained 2.2 percent of the industry employment.

Top 5 Industries
1. Full-service restaurants (117.6 percent gain)
2. Other specialty trade contractors (61.5 percent gain)
3. Florists (13.5 percent gain)
4. Architectural and engineering services (11.4 percent gain)
5. Private households (11.4 percent gain)

In Bedford city, Virginia, the total number of workers for all sectors has decreased by 441 jobs between mid-2005 and mid-2006.

Of the 19 4-digit NAICS industries, 8 described an expansion of jobs throughout the time period, while 11 industry sectors accounting for employment declines during that time period.

Total One-Year Employment Growth in Bedford city

Out of the 4-digit NAICS industries, the Full-service restaurants industry has grown the most with 87 employees finding new jobs in the industry. The employment growth in the Full-service restaurants industry makes up 80.6 percent of the total growth in Bedford city.

Top 5 Industries
1. Full-service restaurants (87 new jobs)
2. Offices of physicians (6 new jobs)
3. Other specialty trade contractors (5 new jobs)
4. Architectural and engineering services (3 new jobs)
5. Florists (2 new jobs)

Total One-Year Employment Decline in Bedford city

Of the area's industries (4-digit NAICS), the Automobile dealers industry has lost the most employment with a total loss of 15 jobs in that time period. The declines in the Automobile dealers industry make up 31.9 percent of the total employment decline in Bedford city, Virginia.

Top 5 Industries
1. Automobile dealers (15 jobs lost)
2. Offices of other health practitioners (13 jobs lost)
3. Offices of dentists (7 jobs lost)
4. Building foundation and exterior contractors (3 jobs lost)
5. Auto parts, accessories, and tire stores (3 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.

Income and Poverty in Bedford city, Virginia

When compared to other counties (and parishes) throughout the United States, Bedford city reported a relatively low household income of $33,687 (Adjusted to 2005 Dollars). This figure is 62.1 percent lower than the median in State of Virginia of $54,612 and the income level is 45.9 percent lower than the median in the US, which is $49,133.

It was reported in 2000 that the Asian headed households had median household incomes of $10,238. This median income level is 69.6 percent less than the reported median for all households in the area. Hispanic in Bedford city, Virginia , according to the 2000 census, had a median household income of $204,973, this median is 508.5 percent greater than the reported median household income for all households in the area. Black or African American headed households had median income levels that were 48.2 percent less than the total 2000 reported median, with a their median reported to be $17,459. In Bedford city, Virginia White headed households reported a median household income (2005 Dollars) of $37,871 as reported by the Decennial Census of 2000, which was 12.4 percent greater than the median income in 2000.

Evaluated with other counties (or parishes) across the nation, Bedford city, Virginia can be recognized as having a relatively high poverty rate amid the residents with a poverty rate of 19.7 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 47.4 percent of the people in 2000 living in poverty. The population that is aged 5 years are witness to the most percent living in poverty in Bedford city, with 41.5 percent of the population in this age category living in poverty.







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