Monday, January 22, 2007

Warren County One-Year Industry Employment Change

Warren County One-Year Percentage Growth in Employment

The Management and technical consulting services industry has witnessed the largest percentage of employment expansion, increasing by 59.3 percent from 2005 to 2006. This industry in Warren County has grow faster than the growth seen in the industry for Virginia, where this industry saw a gain of 15.1 percent. The Management and technical consulting services industry in Warren County outpaced the national average, which felt a gained 9.5 percent.

Top 5 Industries
1. Management and technical consulting services (59.3 percent gain)
2. Medical equipment and supplies manufacturing (58.3 percent gain)
3. Other specialty trade contractors (40.5 percent gain)
4. Electronic markets and agents and brokers (38.2 percent gain)
5. Drycleaning and laundry services (31.8 percent gain)

Warren County One-Year Percentage Decline in Employment

The Professional and similar organizations industry has lost the largest percent of jobs, losing 58.3 percent from 2005 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has experienced in the State of Virginia, where the it saw a gain of 0 percent. The losses in the Professional and similar organizations industry in Warren County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 2 percent in terms of employment in the Professional and similar organizations industry.

Top 5 Industries
1. Professional and similar organizations (58.3 percent decline)
2. Building finishing contractors (40 percent decline)
3. Activities related to real estate (35.2 percent decline)
4. Services to buildings and dwellings (22.7 percent decline)
5. Health and personal care stores (21.5 percent decline)

Employment for all industries has increased by 6.4 percent since the 2nd Quarter of 2005. This is greater than growth in the State of Virginia, which went through a gain of 1.9 percent from 2005 (2nd Quarter). The gains were greater than than the gain seen for the United States of 2.0 percent.

Total One-Year Employment Decline in Warren County

From of the area's 4-digit NAICS industries, the Building finishing contractors industry experienced most substantial job loss, losing 62 jobs. The declines in the Building finishing contractors industry make up 27.5 percent of the employment lost during the period in Warren County, Virginia.

Top 5 Industries
1. Building finishing contractors (62 jobs lost)
2. Services to buildings and dwellings (42 jobs lost)
3. Building equipment contractors (29 jobs lost)
4. Health and personal care stores (19 jobs lost)
5. Professional and similar organizations (12 jobs lost)

Out of the 52 industries with industry data reported by the BLS in each quarter, 23 described an expansion of jobs throughout the time period, while 26 industry sectors reported declines during the time period.

In Warren County, Virginia, the entire sum of jobs in all industries overall has increased by 597 jobs between mid-2005 and mid-2006.

Total One-Year Employment Growth in Warren County

From the industries (4-digit NAICS) in the area, the Other specialty trade contractors industry has added the most employment with 50 new jobs created in the period. The job growth in the Other specialty trade contractors industry makes up 18.5 percent of the growth in Warren County.

Top 5 Industries
1. Other specialty trade contractors (50 new jobs)
2. Drycleaning and laundry services (41 new jobs)
3. Residential building construction (21 new jobs)
4. Automotive repair and maintenance (21 new jobs)
5. Specialized freight trucking (18 new jobs)





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 Warren County, Virginia

When compared to other counties (or parishes) across the United States, Warren County, Virginia can be considered to have a rate of poverty among the people, accounting a rate of 8.5 percent with a family income under the 1999 poverty level. The American Indian and Alaska Native race/ethnicity demographic category, owns the foremost rate of poverty with 45.2 percent of the 2000 residents living in poverty. People aged 75 years and over are witness to the most percent living in poverty in Warren County, having 12.6 percent of the population in this age category living in poverty.

Black or African American headed households had a median household income that was 19.8 percent less than the overall median reported in 2000, with a reported median of $39,792. The Asian headed households reported median household incomes of $71,663. This household income level is 44.4 percent greater than the all households reported median in the area. In Warren County, Virginia White householders had a median income (2005 Dollars) of $50,173 as reported by the Decennial Census of 2000, which was 1.1 percent greater than the median household income in 2000. The American Indian and Alaska Native households in Warren County had a median household income level of $32,724, this was 34.1 percent less than the median level for total households in the area. Hispanic headed households in Warren County, Virginia , according to the 2000 census, had a median household income of $40,387, this median household income is 18.6 percent less than the reported median household income for all households in the area.

When compared to other counties (and parishes) throughout the United States, Warren County accounted a relatively high median household income of $49,634 (2005 Dollars). This median is 10 percent lower than the median in Virginia of $54,612 and this is 1 percent higher than the median household income in the United States of $49,133.







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

 

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