Wednesday, March 21, 2007

In Portsmouth city, jobs in the motor vehicle and parts merchant wholesalers pay the highest wages


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Jobs in the motor vehicle and parts merchant wholesalers industry had the highest average wages in Portsmouth city for the 2nd quarter of 2006. The average worker in the industry in Portsmouth city received an annual wage of $84,635 in 2nd quarter of 2006. The wage rate is greater than the industry pay the State of Virginia of $36,040 and greater than then the wage for jobs in this industry at the United States Level of $42,649.

Other top-pay jobs in Portsmouth city, Virginia can be found in basic chemical manufacturing ($73,658), radio and television broadcasting ($72,078), freight transportation arrangement ($69,324) and general freight trucking ($65,827) industries. Note: Click the above Graphic 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.

Friday, March 09, 2007

Portsmouth city Wages have increased by 26.6% Since 2001


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From 2001 to 2006, average industry wages increased in Portsmouth city, Virginia by a total of 26.6%. This is greater than the growth in industry wages for Virginia and greater 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

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


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Total wages in all industries in Portsmouth city, Virginia when analyzed can be understood as being medium-high when analyzed with other 2nd quarter of 2006 County wages throughout the state. The average pay is 19.3 percent lower than the reported averages in the state of $42,126. The overall 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

Portsmouth city Five-Year Industry Employment Change

Total Five-Year Employment Growth in Portsmouth city

From the industries (4-digit NAICS) in the area, the Home health care services industry has added the most employment with 339 new jobs created in the period. The job growth in the Home health care services industry makes up 10.8 percent of the total employment growth in Portsmouth city.

Top 5 Industries
1. Home health care services (339 new jobs)
2. Support activities for water transportation (305 new jobs)
3. Architectural and structural metals mfg. (182 new jobs)
4. Other specialty trade contractors (174 new jobs)
5. Services to buildings and dwellings (172 new jobs)

From the 78 industries with industry data reported by the BLS in each quarter, 27 described an expansion of jobs throughout the time period, while 51 industry sectors reported declines during the time period.

Total Five-Year Employment Decline in Portsmouth city

From of the area's 4-digit NAICS industries, the Employment services industry witnessed the largest drop in employment, losing a total of 302 jobs. The declines in the Employment services industry make up 19.9 percent of the employment lost during the period in Portsmouth city, Virginia.

Top 5 Industries
1. Employment services (302 jobs lost)
2. Nursing care facilities (212 jobs lost)
3. Depository credit intermediation (201 jobs lost)
4. Automobile dealers (119 jobs lost)
5. Machinery and supply merchant wholesalers (96 jobs lost)

In Portsmouth city, Virginia, the entire sum of jobs in all industries overall has increased by 2,734 total jobs from 2001 to 2006.

Total employment has increased by 11.3 percent since the 2nd Quarter figures of 2001. This change is greater than growth in the State of Virginia, which experienced a gain of 5.2 percent from 2001 (2nd Quarter). The gains were greater than than the gain seen for the United States of 2.6 percent.

Portsmouth city Five-Year Percentage Decline in Employment

The Household goods repair and maintenance industry has lost the largest percent of jobs, losing 82.2 percent of the jobs from the 2nd quarter of 2001 to 2nd quarter of 2006. The losses of the area have declined faster than the industry has experienced in the State of Virginia, where the industry felt a loss of 1.1 percent. The losses in the Household goods repair and maintenance industry in Portsmouth city outpaced the United States industry losses overall. During this period, the United States lost 9.9 percent in terms of employment in the Household goods repair and maintenance industry.

Top 5 Industries
1. Household goods repair and maintenance (82.2 percent decline)
2. Lawn and garden equipment and supplies stores (49.6 percent decline)
3. Depository credit intermediation (41.7 percent decline)
4. Utility system construction (39 percent decline)
5. Private households (36.4 percent decline)

Portsmouth city Five-Year Percentage Growth in Employment

The Lumber and const. supply merchant wholesalers industry has gone through the largest job growth by percent, increasing by 729.6 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Portsmouth city has increased employment faster than the industry job growth experienced in Virginia, where it saw a gain of 31.8 percent. The Lumber and const. supply merchant wholesalers industry in Portsmouth city outpaced the US in terms of percent growth of industry employment. During this period, the US gained 21.3 percent of the industry employment.

Top 5 Industries
1. Lumber and const. supply merchant wholesalers (729.6 percent gain)
2. Offices of real estate agents and brokers (488.9 percent gain)
3. Computer systems design and related services (483.3 percent gain)
4. Electric goods merchant wholesalers (355.9 percent gain)
5. Architectural and structural metals mfg. (288.9 percent gain)





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

Portsmouth city One-Year Industry Employment Change

Total One-Year Employment Growth in Portsmouth city

From the industries (4-digit NAICS) in the area, the Ship and boat building industry has accounted the most employment growth with a total of 179 employees finding new jobs in the industry. The employment growth in the Ship and boat building industry makes up 14.0 percent of the total growth in Portsmouth city.

Top 5 Industries
1. Ship and boat building (179 new jobs)
2. Vocational rehabilitation services (125 new jobs)
3. Architectural and engineering services (89 new jobs)
4. Limited-service eating places (64 new jobs)
5. Home health care services (63 new jobs)

Out of the 91 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 40 reported job growth in the duration of the year and 51 industry sectors reported declines during the time period.

Total One-Year Employment Decline in Portsmouth city

Given the industries in the area, the Employment services industry faced the greatest employment loss with a total loss of 193 jobs during the period. The employment lost in the Employment services industry make up 21.7 percent of the total job loss in Portsmouth city, Virginia.

Top 5 Industries
1. Employment services (193 jobs lost)
2. Services to buildings and dwellings (154 jobs lost)
3. Investigation and security services (80 jobs lost)
4. Building foundation and exterior contractors (34 jobs lost)
5. Legal services (34 jobs lost)

In Portsmouth city, Virginia, the aggregate employment for all industry sectors has increased by 351 total jobs between the 2nd Quarter of 2005 and 2nd Quarter of 2006.

Employment for all industries has increased by 1.3 percent since the 2nd Quarter figures of 2005. This change is less than growth in the State of Virginia, which experienced a gain of 1.9 percent since the 2nd Quarter of 2005. The gains were less than than the gain felt at the national level of 2.0 percent.

Portsmouth city One-Year Percentage Growth in Employment

The Vocational rehabilitation services industry has experienced the largest percentage growth, expanding by 137.7 percent from 2005 to 2006. This industry in Portsmouth city has grow faster than the growth seen in the industry for Virginia, where it saw a gain of 5.1 percent. The Vocational rehabilitation services industry in Portsmouth city outpaced the United States, which experienced a gained 0.6 percent of the employment in this industry.

Top 5 Industries
1. Vocational rehabilitation services (137.7 percent gain)
2. Nondepository credit intermediation (111.0 percent gain)
3. Support activities for road transportation (60.0 percent gain)
4. Architectural and engineering services (48.9 percent gain)
5. Household and institutional furniture mfg. (44.4 percent gain)

Portsmouth city One-Year Percentage Decline in Employment

The Insurance carriers industry has lost the largest amount of employment in terms of percentage, losing 65.6 percent from 2005 (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 1.3 percent. The losses in the Insurance carriers industry in Portsmouth city outpaced the United States industry losses overall. During this period, the United States gained 0.1 in percent of workers in the Insurance carriers industry.

Top 5 Industries
1. Insurance carriers (65.6 percent decline)
2. Investigation and security services (35 percent decline)
3. Management and technical consulting services (25.2 percent decline)
4. General rental centers (25 percent decline)
5. Professional and similar organizations (23.1 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.

Thursday, January 11, 2007

Income and Poverty in Portsmouth city, Virginia

The American Indian and Alaska Native headed households in Portsmouth city reported a median household income of $32,663, this level was 17.3 percent less than the median income level in this area. Black or African American headed households had a median household income that was 20.1 percent less than the total 2000 reported median, with a their median reported to be $31,556. The Asian headed households reported median household incomes of $45,175. This median income level is 14.4 percent greater than the reported median for all households in the area. Hispanic households in Portsmouth city, Virginia recorded a median income of $39,016, this income level is 1.2 percent less than the median reported for all households in the area. In Portsmouth city, Virginia White headed households reported household income (in 2005 Dollars) of $47,222 as reported by the Decennial Census of 2000, which was 19.6 percent greater than the median in the year 2000.

As the median household income witnessed a growth since 2000 in Portsmouth city, Virginia, the Race/Ethnicity group that went through the most dramatic growth in median income was the American Indian and Alaska Native Race/Ethnicity category. This category went through an increase of 29.1 percent since 2000. The Black or African American population group was least impacted by the household income growth in Portsmouth city, encountering a 1.1 percent increase in household income level, since the year 2005.

The household income has increased a small amount from the 2000 values (inflation adjusted). The median income has increased to $40,172, which represents a 1.8 percent growth. Portsmouth city, Virginia, when analyzing percentage of growth, ranks 12 of 16 counties in percent of growth for income levels in the State of Virginia. Portsmouth city ranks 75 of 119 counties (or parishes) when comparing total percent of growth in median income level for the United States.

When put side-by-side with other counties (or parishes) throughout the United States, Portsmouth city, Virginia can be recognized as having a medium-high rate of poverty among the people, accounting a rate of 16.2 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 24.2 percent of the 2000 residents living in poverty. People aged 5 years have the most percent of people living in poverty in Portsmouth city, with 31 percent of the population in this age category living in poverty.

When analyzed against other counties (and parishes) in the US, Portsmouth city had a medium-low household income of $39,478 (Adjusted to 2005 Dollars). This is 38.3 percent lower than the household income median in State of Virginia of $54,612 and the income level is 24.5 percent lower than the median for the rest of the nation, which is a reported $49,133.

The poverty rate in Portsmouth city, Virginia has increased by 0.6 percent from the rates reported in the Decennial Census, moving from 16.2 percent to 16.8 percent.

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

Monday, November 13, 2006

Housing Report for Portsmouth city, Virginia

Portsmouth city recorded median owner-occupied home value in the year 2005 of $128,600, according to the American Community Survey. This value is less than the Virginia 2005 median owner-occupied dwelling value of $212,300 and less than median home value of $167,500 across the nation during that year.

In Portsmouth city, the real estate market was made up of 42,538 housing structures in 2005. The area has seen growth in housing units, adding all together 774 residential structures since 2001, a change of 1.9 percent.

The State of Virginia, Portsmouth city is positioned 109 of 134 by percent in growth of new residential structures. The county places 2,051 of 3,141, comparing the percentage change in residential in other US counties.

The residential housing values in Portsmouth city, Virginia have seen large increases from the housing values in 2000. The residential values have increased by $47,300, or 58.2 percent, from their 2000 value of $81,300.

Portsmouth city has a small, but present proportion of high-valued homes. In 2005, the American Community Survey counted that 0.6 percent owner-occupied dwelling are valued over a half a million dollars.

It can be understood that there is a fair amount of housing that is affordable in Portsmouth city, Virginia. In 2005, 47.8 percent of the homes were valued under $125,000.

Data Source: U.S. Census Bureau

Tuesday, October 31, 2006

Employment Report for -- Annual 2005 Industry Summary

In County, Transportation and Warehousing, Other services, except public administration and Health care and social assistance industries, in terms of United States location quotient, are the most dominant in the region. The Transportation and Warehousing industry has a US LQ in the county of 1.88. The level of employment in the Transportation and Warehousing industry is 1.88 times greater than the national average, signifying that County may specialize, or be an exporter of Transportation and Warehousing.

Arts, entertainment, and recreation is an attractive industry due to its high level of job growth since the year 2001 in County, with a job growth of 100 percent. This is greater than the rate of industry employment change in the United States of 4.7 percent. The State of experienced a change in employment in the sector of 4.5 percent, in the duration of 2001 to 2005.

In County, Health care and social assistance, Retail Trade, and the Administrative and waste services industries are the largest employment industries. The Health care and social assistance produces the largest number of jobs in the area accounting for 22.9 percent of the total county employment. This totals 6,074 individuals. The Retail Trade and Administrative and waste services sectors account for 10.2 and 10 percent of all employment.

The Manufacturing sector has decreased the most in local industry presence in County, from the year 2001 to 2005, accounting for 9.5 percent of total employment for the year 2001 to 0 percent of total employment in the year 2005.

Information is the industry with the largest establishments in County. In the County, the industry averages 34 jobs per establishment, which is greater than the industry's average in the United States of 22 and greater than the typical size of 24 for the Information industry.







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

 

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