In Martinsville city, jobs in the securities and commodity contracts brokerage pay the highest wages

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Jobs in the securities and commodity contracts brokerage industry paid the average highest wages in Martinsville city for 2006. The average worker in the industry in Martinsville city earned an annual wage of $100,765 in 2nd quarter of 2006. The pay is less than the industry wage rate in Virginia of $103,642 and less than then the wage for jobs in this industry in the US of $138,150.

Other top-pay jobs in Martinsville city, Virginia exsists in management of companies and enterprises ($73,493), accounting and bookkeeping services ($54,640), offices of physicians ($53,960) and other financial investment activities ($49,664) industries. Note: Click Graph Above for Detail 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.

Martinsville city Wages have increased by 10.5% Since 2001

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Since 2001, industry wages increased in Martinsville city, Virginia by a total of 10.5%. This is less than the growth in industry wages for Virginia and less 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.

Martinsville city Industry Wages Lag Behind Virginia, and Wages Lag Behind the United States

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The overall industry wages in Martinsville city, Virginia when analyzed can be described as relatively low when compared to other 2nd quarter of 2006 County wages throughout the state. The average pay is 41.5 percent lower than the reported averages in the state of $42,126. 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.

Martinsville city Five-Year Industry Employment Change

Total Five-Year Employment Decline in Martinsville city

Given the industries in the area, the Community care facilities for the elderly industry witnessed the largest drop in employment, losing a total of 152 jobs in that time period. The declines in the Community care facilities for the elderly industry make up 22.7 percent of the total employment decline in Martinsville city, Virginia.

Top 5 Industries
1. Community care facilities for the elderly (152 jobs lost)
2. Clothing stores (82 jobs lost)
3. Department stores (78 jobs lost)
4. Gasoline stations (56 jobs lost)
5. Offices of physicians (40 jobs lost)

Given the 44 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 23 showed an escalation in the number employed, while 21 industry sectors accounting for employment declines during that time period.

In Martinsville city, Virginia, the total number of jobs throughout all industries has decreased by 41 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Growth in Martinsville city

The Employment services industry has grown the most with 389 employees finding new jobs in the industry. The employment growth in the Employment services industry makes up 53.8 percent of the total employment growth in Martinsville city.

Top 5 Industries
1. Employment services (389 new jobs)
2. Sporting goods and musical instrument stores (82 new jobs)
3. Automobile dealers (47 new jobs)
4. Health and personal care stores (46 new jobs)
5. Activities related to real estate (31 new jobs)

Martinsville city Five-Year Percentage Growth in Employment

The Activities related to real estate industry has witnessed the largest percentage of employment expansion, increasing by 361.5 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Martinsville city has added employment faster than the industry job growth experienced in Virginia, where the industry felt a gain of 15.8 percent. The Activities related to real estate industry in Martinsville city outpaced the national average, which felt a gained 19 percent of the industry employment.

Top 5 Industries
1. Activities related to real estate (361.5 percent gain)
2. Sporting goods and musical instrument stores (301.2 percent gain)
3. Automobile dealers (67.3 percent gain)
4. Health and personal care stores (47.4 percent gain)
5. Employment services (33.9 percent gain)

Martinsville city Five-Year Percentage Decline in Employment

The Computer systems design and related services industry has seen the largest percentage drop in employment, losing 85.1 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has seen in the Virginia, where the industry reported a gain of 16.4 percent. The losses in the Computer systems design and related services industry in Martinsville city outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 3.1 in percent of jobs in the Computer systems design and related services industry.

Top 5 Industries
1. Computer systems design and related services (85.1 percent decline)
2. Community care facilities for the elderly (78.9 percent decline)
3. Building equipment contractors (57.6 percent decline)
4. Gasoline stations (55.6 percent decline)
5. Clothing stores (52.2 percent decline)

Employment for all industries has decreased by 0.4 percent from the reported values in 2001. These values are greater than growth in Virginia, which experienced a gain of 5.2 percent since the 2nd Quarter of 2001. The losses the area experienced were greater than than the gain experienced overall in the US 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.

Martinsville city One-Year Industry Employment Change

From the 49 industries with industry data reported by the BLS in each quarter, 26 described an expansion of jobs throughout the time period, while 22 industries reported employment loss in the period.

Total One-Year Employment Decline in Martinsville city

The Clothing stores industry witnessed the largest drop in employment, losing a total of 87 jobs. The declines in the Clothing stores industry make up 25.8 percent of the total job loss in Martinsville city, Virginia.

Top 5 Industries
1. Clothing stores (87 jobs lost)
2. Automobile dealers (48 jobs lost)
3. Grocery stores (26 jobs lost)
4. Other general merchandise stores (24 jobs lost)
5. Full-service restaurants (23 jobs lost)

In Martinsville city, Virginia, the total number of jobs throughout all industries has increased by 497 jobs between mid-2005 and mid-2006.

Total One-Year Employment Growth in Martinsville city

Out of the 4-digit NAICS industries, the Employment services industry has grown the most with 597 new jobs created in the period. The job growth in the Employment services industry makes up 74.4 percent of the growth in Martinsville city.

Top 5 Industries
1. Employment services (597 new jobs)
2. Sporting goods and musical instrument stores (84 new jobs)
3. Depository credit intermediation (19 new jobs)
4. Offices of other health practitioners (13 new jobs)
5. Limited-service eating places (13 new jobs)

Total industry employment has increased by 4.6 percent since the 2nd Quarter figures of 2005. This change is greater than percent in Virginia, which saw a gain of 1.9 percent from the 2nd Quarter of 2005. The gains the area experienced were greater than than the gain seen for the United States of 2.0 percent.

Martinsville city One-Year Percentage Growth in Employment

The Sporting goods and musical instrument stores industry has seen the largest percentage job growth, expanding by 327.3 percent from 2005 to 2006. This industry in Martinsville city has increased employment faster than the industry has grown in the State of Virginia, where the industry took a gain of 5.3 percent. The Sporting goods and musical instrument stores industry in Martinsville city outpaced the United States, which experienced a gained 4.2 percent of the employment in this industry.

Top 5 Industries
1. Sporting goods and musical instrument stores (327.3 percent gain)
2. Other financial investment activities (66.7 percent gain)
3. Employment services (63.5 percent gain)
4. Offices of real estate agents and brokers (37.8 percent gain)
5. Building finishing contractors (36.4 percent gain)

Martinsville city One-Year Percentage Decline in Employment

The Clothing stores industry has lost the biggest percent of jobs, losing 53.8 percent of the jobs from 2005 to 2006. These have declined faster than the industry has seen in the Virginia, where the industry reported a gain of 5.2 percent. The losses in the Clothing stores industry in Martinsville city outpaced the US in terms of percent of decline of industry employment. The US gained 2.1 in percent of jobs in the Clothing stores industry.

Top 5 Industries
1. Clothing stores (53.8 percent decline)
2. Professional and similar organizations (30.4 percent decline)
3. Automobile dealers (29.1 percent decline)
4. Private households (18.9 percent decline)
5. Automotive repair and maintenance (17 percent decline)





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 Martinsville city, Virginia

Evaluated with other counties (or parishes) across the nation, Martinsville city, Virginia can be understood to have a relatively high poverty rate amongst the population, with a poverty rate of 19.2 percent of the individuals existing in families with incomes under the poverty level in 1999. The Hispanic race/ethnicity demographic category, owns the foremost rate of poverty with 37.8 percent of the 2000 population living in poverty. People that are of the age 6 to 11 years are witness to the most percent living in poverty in Martinsville city, having 29.1 percent of the population in this age category living in poverty.

When analyzed against other counties (and parishes) in the US, Martinsville city was reported to have a relatively low household income of $32,106 (2005 Dollars). The income level is 70.1 percent lower than the household income median in State of Virginia of $54,612 and this is 53 percent lower than the median in the US, which is $49,133.

In Martinsville city, Virginia White headed households reported household income (in 2005 Dollars) of $36,478 as reported by the Decennial Census of 2000, which was 13.6 percent greater than the median household income in 2000. Hispanic Householders in Martinsville city, Virginia , as reported in 2000, had a median household income of $31,590, this income level is 1.6 percent less than reported value of the areas total household median income for all households. Black or African American headed households had a median household income that was 20.3 percent less than the all population median published in the 2000 Census, with a median of $25,594. It was reported in 2000 that the Asian headed households had median household incomes of $100,752. This income level is 213.8 percent greater than the all households reported median in the area.







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

Employment Report for -- Annual 2005 Industry Summary

Real estate and rental and leasing has grown in employment, since the year 2001, more than any other industry in County, with a job growth of 29.8 percent. This is greater than the industry employment change in the United States of 4.3 percent. The State of saw a change in employment in the sector of 8.3 percent, from 2001 to 2005.

In County, Administrative and waste services, Retail Trade and Manufacturing are the three industries with the highest location quotients. The Administrative and waste services sector has a United State LQ of 2. The level of employment in the Administrative and waste services sector is 2 times greater than the national average, signifying that County may specialize, or be an exporter of Administrative and waste services.

In County, Retail Trade, Manufacturing, and the Administrative and waste services industries have the largest percent of jobs of all industries. The Retail Trade is the major employer in the county making up 25.6 percent of the total county employment. This totals 2,801 individuals. The Manufacturing and Administrative and waste services sectors account for 19.5 and 14.6 percent of the total jobs, respectively.

Manufacturing has the largest businesses in County. The industry averages 73 jobs per place of business. This is greater than the industry's average at the national level of 39 and greater than the average of 48 for the Manufacturing industry.









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