In Newport News city, 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 paid the average highest wages in Newport News city for the 2nd quarter of 2006. The average worker in the industry in Newport News city was paid an annual wage of $79,537 in 2nd quarter of 2006. The wage rate is less than the industry pay the State of 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 Newport News city, Virginia exsists in wired telecommunications carriers ($68,449), computer systems design and related services ($65,441), nondepository credit intermediation ($60,849) and management of companies and enterprises ($59,250) 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.

Newport News city Wages have increased by 17.3% Since 2001

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Since 2001, industry wages increased in Newport News city, Virginia by a total of 17.3%. This is greater than the growth in wages for the State of Virginia and greater than the growth in average industry wages for the United States.

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.

Newport News city Industry Wages Lag Behind Virginia, and Wages Lag Behind the United States

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Total wages in all industries in Newport News city, Virginia when analyzed can be understood as being relatively high when compared to other Counties throughout the state in the 2nd quarter of 2006. The industry wages are 14.3 percent lower than the state, which was reported to be $42,126. The industry pay 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.

Newport News city Five-Year Industry Employment Change

Given the 108 4-digit NAICS industries, 35 described an expansion of jobs throughout the time period, while 73 industries reported employment loss in the period.

In Newport News city, Virginia, the total number of jobs throughout all industries has increased by 3,617 total jobs from 2001 to 2006.

Total Five-Year Employment Decline in Newport News city

Of the area's industries (4-digit NAICS), the Accounting and bookkeeping services industry faced the greatest employment loss with a total loss of 653 jobs in that time period. The declines in the Accounting and bookkeeping services industry make up 19.9 percent of the jobs lost during the period in Newport News city, Virginia.

Top 5 Industries
1. Accounting and bookkeeping services (653 jobs lost)
2. Facilities support services (412 jobs lost)
3. Architectural and engineering services (296 jobs lost)
4. Department stores (221 jobs lost)
5. Utility system construction (212 jobs lost)

Total Five-Year Employment Growth in Newport News city

From the industries (4-digit NAICS) in the area, the Full-service restaurants industry has added the most employment with 1,094 jobs added during the time period. These new jobs in the Full-service restaurants industry makes up 13.0 percent of the growth in Newport News city.

Top 5 Industries
1. Full-service restaurants (1,094 new jobs)
2. Offices of physicians (776 new jobs)
3. Business support services (664 new jobs)
4. Activities related to real estate (515 new jobs)
5. Building equipment contractors (440 new jobs)

Newport News city Five-Year Percentage Decline in Employment

The Facilities support services industry has seen the largest percentage drop in employment, losing 87 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 felt a gain of 53.2 percent. The losses in the Facilities support services industry in Newport News city outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 25.2 in percent of jobs in the Facilities support services industry.

Top 5 Industries
1. Facilities support services (87 percent decline)
2. Utility system construction (85.2 percent decline)
3. Taxi and limousine service (69.6 percent decline)
4. Electric goods merchant wholesalers (59.5 percent decline)
5. Investigation and security services (54.7 percent decline)

Newport News city Five-Year Percentage Growth in Employment

The Technical and trade schools industry has witnessed the largest percentage of employment expansion, increasing by 3775.0 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Newport News city has added employment faster than the industry has grown in the State of Virginia, where the industry felt a gain of 7.8 percent. The Technical and trade schools industry in Newport News city outpaced the national average, which felt a gained 11.9 percent.

Top 5 Industries
1. Technical and trade schools (3775.0 percent gain)
2. Outpatient care centers (275.7 percent gain)
3. Electronic equipment repair and maintenance (143.4 percent gain)
4. Activities related to real estate (121.4 percent gain)
5. Printing and related support activities (98.3 percent gain)

The total number of jobs has increased by 4.7 percent from 2001 (2nd Quarter). These figures are less than percent in the State of Virginia, experiencing a gain of 5.2 percent since 2001 ( 2nd Quarter). The gains felt 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.

Newport News city One-Year Industry Employment Change

Total industry employment has increased by 0.3 percent since the 2nd Quarter figures of 2005. This change is less than percent in the State of Virginia, which went through a gain of 1.9 percent from 2005 (2nd Quarter). The gains were less than than the gain reported at the US level of 2.0 percent.

Newport News city One-Year Percentage Decline in Employment

The Utility system construction industry has lost the biggest percent of jobs, losing 38.9 percent of the jobs from 2005 to 2006. These have declined faster than the industry has experienced in the State of Virginia, where the it saw a gain of 0.4 percent. The losses in the Utility system construction industry in Newport News city outpaced the United States industry losses overall. During this period, the United States gained 7.4 in percent of workers in the Utility system construction industry.

Top 5 Industries
1. Utility system construction (38.9 percent decline)
2. Special food services (35.4 percent decline)
3. Securities and commodity contracts brokerage (30.6 percent decline)
4. Electronic equipment repair and maintenance (28.5 percent decline)
5. Commercial equip. merchant wholesalers (26.7 percent decline)

Newport News city One-Year Percentage Growth in Employment

The Machinery and equipment rental and leasing industry has experienced the largest percentage growth, expanding by 130.1 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Newport News city has increased employment faster than the overall industry growth seen in the State of Virginia, where the industry felt a gain of 1.2 percent. The Machinery and equipment rental and leasing industry in Newport News city outpaced the national average, which felt a gained 8.5 percent in this industry.

Top 5 Industries
1. Machinery and equipment rental and leasing (130.1 percent gain)
2. Business support services (103.4 percent gain)
3. Outpatient care centers (83.1 percent gain)
4. Household goods repair and maintenance (31.8 percent gain)
5. Office administrative services (30.2 percent gain)

In Newport News city, Virginia, the entire sum of jobs in all industries overall has increased by 233 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Total One-Year Employment Decline in Newport News city

Given the industries in the area, the Employment services industry faced the greatest employment loss with a total loss of 455 jobs during the period. The employment lost in the Employment services industry make up 26.3 percent of the total job loss in Newport News city, Virginia.

Top 5 Industries
1. Employment services (455 jobs lost)
2. Architectural and engineering services (176 jobs lost)
3. Department stores (99 jobs lost)
4. Automobile dealers (87 jobs lost)
5. Services to buildings and dwellings (72 jobs lost)

Of the 110 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 48 reported job growth in the duration of the year and 61 industry sectors reported declines during the time period.

Total One-Year Employment Growth in Newport News city

Out of the 4-digit NAICS industries, the Business support services industry has brought the most jobs with a total of 801 new jobs created in the period. The job growth in the Business support services industry makes up 23.4 percent of the growth in Newport News city.

Top 5 Industries
1. Business support services (801 new jobs)
2. Full-service restaurants (750 new jobs)
3. Computer systems design and related services (196 new jobs)
4. Management of companies and enterprises (136 new jobs)
5. Limited-service eating places (128 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.

Income and Poverty in Newport News city, Virginia

The poverty rate in Newport News city, Virginia has stayed the same by 0.0 percent from the rates reported in the Decennial Census, moving from 13.8 percent to 13.8 percent.

When compared to other counties (and parishes) throughout the United States, Newport News city was reported to have a medium-high household income of $42,818 (2005 Dollars). This median is 27.5 percent lower than the median in State of Virginia of $54,612 and this is 14.7 percent lower than the median in the US, which is $49,133.

Evaluated with other counties (or parishes) across the nation, Newport News city, Virginia can be considered to have a medium-high poverty rate amid the residents with a poverty rate of 13.8 percent of the individuals existing in families with incomes under the poverty level in 1999. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 24.5 percent of the population in 2000 living in poverty. Individuals aged Under 5 years have the most percent of people living in poverty in Newport News city, accounting 23.9 percent of this age cohort living in poverty.

The areas median household income has increased from the inflation-adjusted 2000 income levels. The income level has increased to $46,641, which amounts to a 8.9 percent growth. Newport News city, Virginia, in terms of percent of growth, ranks 3 of 16 counties in percent of growth for median household income in the State of Virginia. Newport News city ranks 14 of 119 counties (or parishes) when analyzing the growth in median household income in the United States.

While the median household income saw a growth since 2000 in Newport News city, Virginia, the Race/Ethnicity group that went through the most dramatic growth in median household income was the Hispanic Race/Ethnicity category. This group experienced an increase of 31.8 percent in the last five years. The Black or African American population group was least impacted by the household income growth in Newport News city, undergoing a 4.4 percent increase in household income, since the reported levels in 2000.

The Asian headed households reported median household incomes of $43,645. This household income level is 1.9 percent greater than the all households reported median in the area. Black or African American householders reported household income levels that were 26.8 percent less than the overall median reported in 2000, with a reported median of $31,356. Hispanic Householders in Newport News city, Virginia , according to the 2000 census, had a median household income of $35,917, this median is 16.1 percent less than the reported median household income for all households in the area. In Newport News city, Virginia White householders had a median household income (in 2005 Dollars) of $51,127 according to the Decennial Census of 2000, which was 19.4 percent greater than the median income in 2000. The households that were headed by an American Indian and Alaska Native individual in Newport News city had a median household income level of $48,595, this level was 13.5 percent greater than the median income level in this area.

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

Higher Education in Newport News city, Virginia

Newport News city, Virginia is made up of a highly-educated population, with 19.8 percent of the population (+25) having received at least a Bachelors Degree, as reported in the Decennial Census of 2000. Newport News city counted a lower percent of population with this high education level than the State of Virginia's proportion of 29.4 percent and a lower percent than United States proportion of 24.4 percent.

From 2000, Newport News city 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 1.2 percent to a total of 21 percent in 2005. According to the American Community Survey, the proportion of the population in 2005 with a BA or Higher is less than the State of Virginia percent of 33.2 and less than the United States percent of 27.2.

In Newport News city, Virginia according to the Decennial Census of 2000, 24.8 percent of the White Alone, 11.8 percent of Black or African American, 26 percent of the Asian alone and 13.6 percent of the Hispanic or Latino population, over the age 25, has achieved a Bachelors Degree or Higher.

From the years 2000 to 2005, the proportion of the male population that could be considered highly educated has increased by 1.8 percent. By the year 2005, 22.8 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 0.8 percent. By the year 2005, a total of 19.6 percent of the women in the population had received a Bachelors Degree or Higher.

Reported by the 2000 Census in Newport News city, Virginia, the largest educational attainment category for men is the Some College or Associates Degree category, with 34.6 percent reaching this education level. The female population in Newport News city on average have achieved a lower level of higher education (Bachelors or Higher) than men; 21 percent (Men) versus 18.8 percent (Women). The largest educational attainment category for women in this areas is Some College or Associates Degree category, with 34.4 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.

Housing Report for Newport News city, Virginia

In the State of Virginia, Newport News city places 88 of 134 by percent in growth of new residential structures. The county places 1,195 of 3,141, comparing the percentage change in residential in other US counties.

In Newport News city, the census reported 77,426 homes in 2005. The county has experienced a growth in housing units, adding a total of 2,643 homes since 2001, or 3.5 percent.

The residential real estate values in Newport News city, Virginia have seen large increases from the real estate values reported in 2000. The valuations have increased by $55,600, or 57.7 percent, since 2000 when they were valued at $96,400.

Newport News city had an owner-occupied dwelling median in 2005 of $152,000, published by the American Community Survey. This median is less than the State of Virginia 2005 median owner-occupied dwelling value of $212,300 and less than median home value of $167,500 for the United States in the same year.

It can be understood that there is a fair amount of real estate that is affordable in Newport News city, Virginia. In 2005, 35.4 percent of residential real estate was valued under $125,000.

Newport News city may be be described as having a medium proportion of residential real estate that is high priced. In 2005, the American Community Survey reports that 1.3 percent of the homes were valued over $500,000.

Data Source: U.S. Census Bureau

Employment Report for -- Annual 2005 Industry Summary

In County, Manufacturing, Retail Trade, and the Health care and social assistance sectors are the largest industries, in terms of total number of jobs in 2005. The Manufacturing is the major employer in the county making up 29.4 percent of all the jobs in the county. This makes up 23,654 employees. The Retail Trade and Health care and social assistance industries total 12.7 and 11.6 percent of industry employment.

Manufacturing has the largest employers in County, averaging 200 workers per each place of employment, being greater than the industry's average at the national level of 39 and greater than the establishments size average of 48 for the Manufacturing industry.

Information saw the largest loss of employment between the years 2001-2005 in County. The sector dealt with a loss of 1,164 jobs, or 50.3 percent of industry's employment. The industry declines made up 55 percent of the total loss in employment during the period.

In County, Manufacturing, Real estate and rental and leasing and Administrative and waste services have the highest US LQ in 2005. The Manufacturing sector has a United State LQ of 2.29. This means the percent of total employment in the Manufacturing sector is 2.29 times the percent of the national average, This signifies that specializes in Manufacturing.

Educational services has grown in employment, since the year 2001, more than any other industry in County, increasing by 57.5 percent. This is greater than the rate of industry employment change in the United States of 13.8 percent. The State of felt a shift in employment in the industry of 21 percent, during the period.







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