Economy Overview. Esmeralda County, NV. Emsi Q Data Set

Transcription

1 Esmeralda County, NV Emsi Q Data Set

2 Economy Overview $43.1K Popula on (2017) Jobs (2017) Median Household Income (2016) Popula on grew by 26 over the last 5 years but is projected to decrease by 14 over the next 5 years. Jobs grew by 22 over the last 5 years and are projected to grow by 70 over the next 5 years. Median household income is $12.2K below the na onal median household income of $55.3K. As of 2017 the region's popula on increased by 3.3% since 2012, growing by 26. Popula on is expected to decrease by 1.7% between 2017 and 2022, losing 14. From 2012 to 2017, jobs increased by 6.1% in Esmeralda County, NV from 380 to 403. This change fell short of the na onal growth rate of 8.2% by 2.1%. As the number of jobs increased, the labor force par cipa on rate increased from 65.5% to 75.3% between 2012 and Concerning educa onal a ainment, 15.4% of Esmeralda County, NV residents possess a Bachelor's Degree (3.0% below the na onal average), and 4.9% hold an Associate's Degree (3.0% below the na onal average). The top three industries in 2017 are Nonmetallic Mineral Mining and Quarrying, Educa on and Hospitals (Local Government), and Metal Ore Mining. Popula on (2017) Labor Force (2017) Jobs (2017) Cost of Living GRP Imports Exports Region $70.42M $76.29M $100.44M Rural Nevada 331, , , $20.45B $25.73B $32.47B Washoe County, NV 458, , , $25.11B $23.49B $23.15B Clark County, NV 2,191,693 1,082,372 1,050, $110.50B $92.71B $98.38B Nevada 2,981,760 1,476,212 1,443, $156.06B $133.68B $152.16B Emsi Q Data Set 1

3 2017 Labor Force Breakdown Popula on A Total Working Age Popula on 682 A Not in Labor Force (15+) Popula on A Labor Force 513 A Employed 488 A Unemployed 25 A Under Educa onal A ainment Concerning educa onal a ainment, 15.4% of Esmeralda County, NV residents possess a Bachelor's Degree (3.0% below the na onal average), and 4.9% hold an Associate's Degree (3.0% below the na onal average). % of Popula on Popula on A Less Than 9th Grade 9.6% 60 A 9th Grade to 12th Grade 4.2% 26 A High School Diploma 36.1% 226 A Some College 22.7% 142 A Associate's Degree 4.9% 31 A Bachelor's Degree 15.4% 96 A Graduate Degree and Higher 7.1% 44 Emsi Q Data Set 2

4 Historic & Projected Trends Popula on Trends Economy Overview As of 2017 the region's popula on increased by 3.3% since 2012, growing by 26. Popula on is expected to decrease by 1.7% between 2017 and 2022, losing 14. Timeframe Popula on Emsi Q Data Set 3

5 Historic & Projected Trends - Cont. Job Trends Economy Overview From 2012 to 2017, jobs increased by 6.1% in Esmeralda County, NV from 380 to 403. This change fell short of the na onal growth rate of 8.2% by 2.1%. Timeframe Jobs Emsi Q Data Set 4

6 Historic & Projected Trends - Cont. Labor Force Par cipa on Rate Trends Timeframe Labor Force Par cipa on Rate % % % % % January % February % March % April % Emsi Q Data Set 5

7 Historic & Projected Trends - Cont. Unemployment Rate Trends Esmeralda County, NV had an April 2018 unemployment rate of 4.75%, decreasing from 4.87% 5 years before. Timeframe Unemployment Rate % % % % % January % February % March % April % Emsi Q Data Set 6

8 Popula on Characteris cs Millennials Re ring Soon Racial Diversity Esmeralda County, NV has 123 millennials (ages 20-34). The na onal average for an area this size is 164. Re rement risk is high in Esmeralda County, NV. The na onal average for an area this size is 120 people 65 or older, while there are 220 here. Racial diversity is low in Esmeralda County, NV. The na onal average for an area this size is 306 racially diverse people, while there are 265 here. 94 N/A 8.67/1,000 Veterans Violent Crime Property Crime Esmeralda County, NV has 94 veterans. The na onal average for an area this size is 48. No crime informa on is available in Esmeralda County, NV. Esmeralda County, NV has 8.67 property crimes per 1,000 people. The na onal rate is per 1,000 people. Emsi Q Data Set 7

9 Popula on Characteris cs - Cont. Place of Work vs Place of Residence Understanding where talent in Esmeralda County, NV currently works compared to where talent lives can help you op mize site decisions. For example, the #1 ranked ZIP for employment ranks #2 for resident workers. The top ZIP for resident workers is High Inbound Commuters High Outbound Commuters Where Talent Works Where Talent Lives ZIP Name 2017 Employment ZIP Name 2017 Workers Silverpeak, NV (in Esm Goldfield, NV (in Esmer Dyer, NV (in Esmeralda Dyer, NV (in Esmeralda Silverpeak, NV (in Esm Goldfield, NV (in Esmer 100 Emsi Q Data Set 8

10 Industry Characteris cs Largest Industries Industry Jobs Na onal Average Mining, Quarrying, and Oil and Gas Extrac on Government Agriculture, Forestry, Fishing and Hun ng Construc on Top Growing Industries Industry Jobs Growth Agriculture, Forestry, Fishing and Hun ng Mining, Quarrying, and Oil and Gas Extrac on Emsi Q Data Set 9

11 Industry Characteris cs - Cont. Top Industry LQ Industry LQ Mining, Quarrying, and Oil and Gas Extrac on Agriculture, Forestry, Fishing and Hun ng Government Construc on Top Industry GRP 2017 Gross Regional Product Mining, Quarrying, and Oil and Gas Extrac on Government Agriculture, Forestry, Fishing and Hun ng Construc on $0.000 $10.00M $20.00M $30.00M Emsi Q Data Set 10

12 Industry Characteris cs - Cont. Top Industry Earnings 2017 Earnings Per Worker Government Mining, Quarrying, and Oil and Gas Extrac on Construc on Agriculture, Forestry, Fishing and Hun ng $0 $20,000 $40,000 $60,000 $80,000 Emsi Q Data Set 11

13 Industry Characteris cs - Cont. Industry 2012 Jobs 2017 Jobs Change in Jobs % Change in Jobs 2017 LQ 2017 Earnings Per Worker 2017 GRP Mining, Quarrying, and Oil and Gas Extrac on % $85,658 $39.29M Government % 1.66 $96,419 $10.43M Agriculture, Forestry, Fishing and Hun ng % 7.46 $31,658 $3.05M Construc on % 1.13 $40,667 $1.53M Emsi Q Data Set 12

14 Business Characteris cs 15 Companies Employ Your Workers Online profiles for your workers men on 15 companies as employers, with the top 10 appearing below. In the last 12 months, 75 companies in Esmeralda County, NV posted job pos ngs, with the top 10 appearing below. Top Companies Profiles Top Companies Pos ng Unique Pos ngs Abbo Laboratories 1 Bishop Waste Disposal, Inc 1 CARREFOUR 1 Dropbox, Inc. 1 Esmeralda County School Distr 1 First Na onal Bank of Pennsylv 1 Just Be LLC 1 Marathon Oil Corpora on 1 Parkway Gardens Inc 1 Proyecto, LLC 1 Travel Nurse Inc 188 Albemarle Corpora on 48 HealthCare Employment Netw 48 Avon Products, Inc. 37 Co-Alliance, LLP 32 Heartland Express, Inc. 25 Responsive Medical LLC 21 Swi Transporta on Company 21 Responsive Media 20 Super Pro 17 Emsi Q Data Set 13

15 Business Characteris cs - Cont. Business Size Percentage Business Count A 1 to 4 employees 46.2% 18 A 5 to 9 employees 25.6% 10 A 10 to 19 employees 12.8% 5 A 20 to 49 employees 7.7% 3 A 50 to 99 employees 5.1% 2 A 250 to 499 employees 2.6% 1 *Business Data by DatabaseUSA.com is third-party data provided by Emsi to its customers as a convenience, and Emsi does not endorse or warrant its accuracy or consistency with other published Emsi data. In most cases, the Business Count will not match total companies with profiles on the summary tab. Emsi Q Data Set 14

16 Workforce Characteris cs Largest Occupa ons Occupa on Jobs Na onal Average Construc on and Extrac on Produc on Office and Administra ve Support Installa on, Maintenance, and Repair Transporta on and Material Moving Educa on, Training, and Library Management Building and Grounds Cleaning and Maintenance Protec ve Service Sales and Related Top Growing Occupa ons Occupa on Jobs Growth Educa on, Training, and Library Installa on, Maintenance, and Repair Management Produc on Building and Grounds Cleaning and Maintenance Emsi Q Data Set 15

17 Workforce Characteris cs - Cont. Top Occupa on LQ Economy Overview Occupa on LQ Construc on and Extrac on Installa on, Maintenance, and Repair Produc on Educa on, Training, and Library Management Transporta on and Material Moving Protec ve Service Building and Grounds Cleaning and Maintenance Office and Administra ve Support Sales and Related Top Occupa on Earnings 2017 Avg. Hourly Earnings Management Protec ve Service Installa on, Maintenance, and Repair Construc on and Extrac on Educa on, Training, and Library Sales and Related Transporta on and Material Moving Produc on Office and Administra ve Support Building and Grounds Cleaning and Maintenance $0.00 $5.00 $10.00 $15.00 $20.00 $25.00 $30.00 Emsi Q Data Set 16

18 Workforce Characteris cs - Cont. Top Posted Occupa ons Unique Average Monthly Pos ngs Healthcare Prac oners and Technical Transporta on and Material Moving Sales and Related Installa on, Maintenance, and Repair Educa on, Training, and Library Office and Administra ve Support Healthcare Support Architecture and Engineering Construc on and Extrac on Produc on Management Emsi Q Data Set 17

19 Workforce Characteris cs - Cont. Occupa on 2012 Jobs 2017 Jobs Change in Jobs % Change in Jobs 2017 LQ 2017 Avg. Hourly Earnings Aug Jul 2018 Unique Average Monthly Pos ngs Construc on and Extrac on % 3.15 $ Produc on % 1.98 $ Office and Administra ve Support Installa on, Maintenance, and Repair Transporta on and Material Moving Educa on, Training, and Library % 0.69 $ % 2.53 $ % 1.33 $ % 1.55 $ Management % 1.37 $ Building and Grounds Cleaning and Maintenance % 0.95 $ Protec ve Service % 1.19 $ Sales and Related % 0.25 $ Emsi Q Data Set 18