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

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Employment in the securities and commodity contracts brokerage industry wages were the highest in Suffolk city for the 2nd quarter of 2006. The average worker in the industry in Suffolk city received a wage of $115,255 in 2nd quarter of 2006. The wage rate is greater than the average industry wage in the State of Virginia of $103,642 and less than then the wage for jobs in this industry at the United States Level of $138,150.

Top-pay jobs in Suffolk city, Virginia can be found in management and technical consulting services ($73,713), computer systems design and related services ($64,980), offices of physicians ($61,855) and offices of real estate agents and brokers ($56,610) 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.

Suffolk city Wages have increased by 21.8% Since 2001

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From the second quarter of 2001 to the second quarter of 2006, industry wages have increased in Suffolk city, Virginia by a total of 21.8%. 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.

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

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Wages in all industries in Suffolk city, Virginia can be understood as being medium-high when compared to other 2nd quarter of 2006 County wages throughout the state. The average pay is 27.5 percent lower than the state, which accounted an average of $42,126. The overall industry wage was less than the national industry average 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.

Suffolk city Five-Year Industry Employment Change

Total Five-Year Employment Decline in Suffolk city

From of the area's 4-digit NAICS industries, the Sawmills and wood preservation industry faced the greatest employment loss with a total loss of 71 jobs during the time period. The jobs lost in the Sawmills and wood preservation industry make up 21.9 percent of the total job loss in Suffolk city, Virginia.

Top 5 Industries
1. Sawmills and wood preservation (71 jobs lost)
2. General freight trucking (33 jobs lost)
3. Chemical merchant wholesalers (31 jobs lost)
4. Lawn and garden equipment and supplies stores (24 jobs lost)
5. Clothing stores (22 jobs lost)

In Suffolk city, Virginia, the total number of jobs throughout all industries has increased by 2,481 total jobs from 2001 to 2006.

Given the 60 4-digit NAICS industries, 20 described an expansion of jobs throughout the time period, while 39 industry sectors reported declines during the time period.

Total Five-Year Employment Growth in Suffolk city

From the industries (4-digit NAICS) in the area, the Full-service restaurants industry has added the most employment with 453 employees finding new jobs in the industry. The employment growth in the Full-service restaurants industry makes up 17.1 percent of the total growth in Suffolk city.

Top 5 Industries
1. Full-service restaurants (453 new jobs)
2. Warehousing and storage (430 new jobs)
3. Computer systems design and related services (295 new jobs)
4. Limited-service eating places (215 new jobs)
5. Offices of physicians (128 new jobs)

Suffolk city Five-Year Percentage Growth in Employment

The Scientific research and development services industry has witnessed the largest percentage of employment expansion, increasing by 800.0 percent from 2001 to 2006. This industry in Suffolk city has grow faster than the industry job growth experienced in Virginia, where it saw a gain of 47.5 percent. The Scientific research and development services industry in Suffolk city outpaced the national average, which felt a gained 11.4 percent.

Top 5 Industries
1. Scientific research and development services (800.0 percent gain)
2. Commercial equip. merchant wholesalers (217.6 percent gain)
3. Full-service restaurants (160.3 percent gain)
4. Computer systems design and related services (146.8 percent gain)
5. Office supplies, stationery, and gift stores (143.2 percent gain)

Suffolk city Five-Year Percentage Decline in Employment

The Commercial machinery repair and maintenance industry has seen the largest percentage drop in employment, losing 39.1 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has experienced in the State of Virginia, where the industry reported a gain of 11.6 percent. The losses in the Commercial machinery repair and maintenance industry in Suffolk city outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 9.6 percent in terms of employment in the Commercial machinery repair and maintenance industry.

Top 5 Industries
1. Commercial machinery repair and maintenance (39.1 percent decline)
2. Sawmills and wood preservation (37.3 percent decline)
3. Clothing stores (36.9 percent decline)
4. Chemical merchant wholesalers (36.9 percent decline)
5. Other miscellaneous store retailers (33.1 percent decline)

The total number of jobs has increased by 15.2 percent since the 2nd Quarter of 2001. This is greater than growth in Virginia, which saw a gain of 5.2 percent from the 2nd Quarter of 2001. The gains felt were greater than than the gain felt at the national level 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.

Suffolk city One-Year Industry Employment Change

Suffolk city One-Year Percentage Decline in Employment

The Management of companies and enterprises industry has lost the largest amount of employment in terms of percentage, losing 62.8 percent of the jobs from the 2nd quarter of 2005 to 2nd quarter of 2006. The losses of the area have declined faster than the industry sector has felt in the State of Virginia, where the industry sector experienced a gain of 1.4 percent. The losses in the Management of companies and enterprises industry in Suffolk city outpaced the United States industry losses overall. During this period, the United States gained 2.7 percent in terms of employment in the Management of companies and enterprises industry.

Top 5 Industries
1. Management of companies and enterprises (62.8 percent decline)
2. Other personal services (40 percent decline)
3. Direct selling establishments (32.8 percent decline)
4. Other motor vehicle dealers (24.5 percent decline)
5. Consumer goods rental (24.2 percent decline)

Employment for all industries has increased by 4.6 percent since the 2nd Quarter figures of 2005. This change is greater than growth in Virginia, which experienced a gain of 1.9 percent since the 2nd Quarter of 2005. The gains were greater than than the gain felt at the national level of 2.0 percent.

Suffolk city One-Year Percentage Growth in Employment

The Computer systems design and related services industry has seen the largest percentage job growth, expanding by 110.8 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Suffolk city has expanded faster than the growth seen in the industry for Virginia, where the industry took a gain of 9.6 percent. The Computer systems design and related services industry in Suffolk city outpaced the US in terms of percent growth of industry employment. During this period, the US gained 6.8 percent.

Top 5 Industries
1. Computer systems design and related services (110.8 percent gain)
2. Full-service restaurants (68.7 percent gain)
3. Insurance carriers (56.4 percent gain)
4. Lumber and const. supply merchant wholesalers (43.9 percent gain)
5. Oilseed and grain farming (37.1 percent gain)

Total One-Year Employment Growth in Suffolk city

Out of the 4-digit NAICS industries, the Full-service restaurants industry has brought the most jobs with a total of 299 new jobs created in the period. The job growth in the Full-service restaurants industry makes up 27.5 percent of the total growth in Suffolk city.

Top 5 Industries
1. Full-service restaurants (299 new jobs)
2. Computer systems design and related services (261 new jobs)
3. Building equipment contractors (65 new jobs)
4. Offices of physicians (50 new jobs)
5. Automotive repair and maintenance (46 new jobs)

In Suffolk city, Virginia, the aggregate employment for all industry sectors has increased by 821 total jobs from 2005 to 2006.

From the 69 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 23 showed an escalation in the number employed, while 44 industries reported a drop in employment.

Total One-Year Employment Decline in Suffolk city

Given the industries in the area, the Management of companies and enterprises industry experienced most substantial job loss, losing 148 jobs in that time period. The declines in the Management of companies and enterprises industry make up 46.0 percent of the jobs lost during the period in Suffolk city, Virginia.

Top 5 Industries
1. Management of companies and enterprises (148 jobs lost)
2. Direct selling establishments (22 jobs lost)
3. Child day care services (20 jobs lost)
4. Lawn and garden equipment and supplies stores (18 jobs lost)
5. Consumer goods rental (14 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.

Housing Report for Suffolk city, Virginia

In the State of Virginia, Suffolk city ranks 6 of 134 by percentage growth in residential real estate. The county is positioned 55 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

The residential real estate values in Suffolk city, Virginia have increased sharply from the housing values in 2000. The residential values have increased by $99,500, or 92.7 percent, from when in 2000 they were valued at $107,300.

Suffolk city had a median home value in the year 2005 of $206,800, published by the American Community Survey. This median is less than the State of Virginia 2005 median home value of $212,300 and greater than median owner-occupied dwelling value of $167,500 for the rest of the nation in that year.

In Suffolk city, the census reported 30,552 housing structures in 2005. The area has seen growth in housing units, adding all together 4,922 housing units since the year 2001, or 19.2 percent.

Suffolk city can be understood as having a medium proportion of high-valued homes. In 2005, the American Community Survey reports that 3.7 percent residential property is valued over $500k.

There seems to be a fair amount of real estate that is affordable in Suffolk city, Virginia. In 2005, 23.3 percent of owner-occupied dwellings were valued under $125k.

Data Source: U.S. Census Bureau

Employment Report for -- Annual 2005 Industry Summary

Administrative and waste services since the year 2001 lost the most jobs in County. The sector dealt with a loss of 467 total jobs during the period, accounting for 41.4 percent of the employment in the industry. This made up a total of 48.3 percent of the total loss in employment during the period.

Manufacturing has the largest businesses in County. In the County, the industry averages 43 jobs per establishment, which is greater than the industry's national average of 39 and less than the State of typical size of 48 for the Manufacturing industry.

In County, Retail Trade, Health care and social assistance, and the Manufacturing sectors, in terms of total employment, are the largest. Retail Trade is the major employer in the county making up 17.7 percent of all jobs throughout the county, totaling 3,200 employees. The Health care and social assistance and Manufacturing industries make up 17.4 and 12.7 percent of industry employment.

Management of companies and enterprises is the industry that has seen the largest increase in jobs from the year 2001 to the present in County, increasing by 169.7 percent. This is greater than the industry job change at the national level of 1.6 percent. The State of experienced a sector employment shift of 3 percent, during the period.

In County, Transportation and Warehousing, Utilities and Health care and social assistance have the highest US LQ in 2005. The Transportation and Warehousing sector has a United State LQ of 2.44. In other words, the percent of total jobs in the Transportation and Warehousing sector is 2.44 times the percent of the national average, This signifies that County may specialize, or be an exporter of Transportation and Warehousing.







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