Description
[My state: Florida] [My county: Collier, FL]
1. Calculate the average annual wage (payroll/number of employees) by industry for 1990 and 2000 either through Country Business Patterns (http://www.census.gov/epcd/cbp/view/cbpview.html) or find weekly wages by industry from the Quarterly Census of Employment and Wages (http://www.bls.gov/cew) from the Bureau of Labor Statistics. What industries consistently pay higher wages in your state? Adjust the data for inflation using a CPI Index from the Bureau of Labor Statistics.
2. For your county and either your state or an adjacent county:
a. Determine the net migration rate between 1990 and 2000. Using population figures for 1990 and 2000 from the census, find the population change. Sum the yearly birth and death data for your county from 1990 to 1999 from data provided by your state's department of health.
b. Find average wage and salary disbursements from the Bureau of Economic Analysis CA 30 Regional Economic Profiles data for 1990 and 2000. Adjust the data for inflation using a CPI Index from the Bureau of Labor Statistics.
c. How is your city's quality of life in such rankings as Places Rated Almanac and Sperling's Best Places?
d. From your state's department of education, find out how schools in your city rank on standardized test scores compared to surrounding schools and the overall state's averages?
e. Compare the tax collections of your region per $1000 of personal income from the Census of Government or a taxpayer's association in your state. Find the effective property tax rate for your county from your state's department of revenue.
f. Has the median age of your county's population changed between 1990 and 2000?
g. Explain the net migration trend to or from your county with these statistics.
3. If a large firm were to locate in your county, would it have a labor supply problem?
a. What is the labor force participation rate for your county? What is your unemployment rate? (The labor force figures are under Local Area Unemployment Statistics, http://www.bls.gov).
b. Using data from the MCD/County-To-MCD/County Worker Flow Files, in the Journey to Work and Place of Work data sets (http://www.census.gov/population/www/socdemo/journey.html), determine from where people commute to your county to work and to where people in your county commute to work. What is the average travel time to work for workers in your county (From the QT-P23; SF-3 data from the census)?
Note: my textbook has been attached, please use the Chapter 10 as a reference.
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Explanation & Answer
Attached.
Regional Economic Theory
Solutions
1. The average annual wage (payroll/number of employees) by industry in dollars for 1990
and 2000 either through Country Business Pattern is summarized in the tables below:
INDUSTRY/YEAR
Civilian Labor Force
Civilian Employment
Total Farm
Total Nonfarm
Goods Producing
Mining, Logging and Construction
Manufacturing
Durable Goods
Nondurable Goods
Service Providing
Trade, Transportation & Utilities
Wholesale Trade
Retail Trade
Transportation, Warehousing & Utilities
Information
Financial Activities
Finance & Insurance
Real Estate & Rental & Leasing
Professional & Business Services
Professional, Scientific & Technical
Services
Management
of
Companies
&
Enterprises
Administrative & Support & Waste
Services
Educational & Health Services
Educational Services
Health Care & Social Assistance
Leisure & Hospitality
Arts, Entertainment & Recreation
Accommodation & Food Services
Other Services
Government
1990
677,400
649,900
1,400
602,800
110,900
31,800
79,100
47,600
31,500
491,800
120,700
33,300
62,600
24,700
17,200
30,300
20,200
10,200
72,700
1991
671,800
635,500
1,300
606,200
102,600
28,600
74,000
46,300
27,700
503,600
124,700
33,000
66,100
25,700
17,900
29,200
18,100
11,100
76,900
1992
677,400
633,100
1,300
596,400
96,900
24,700
72,200
44,100
28,100
499,400
121,500
33,500
63,400
24,600
16,200
27,800
18,000
9,900
76,500
1993
678,100
633,000
1,400
598,000
94,000
24,300
69,700
43,400
26,300
503,900
122,700
32,900
65,100
24,600
16,000
26,700
16,800
9,900
79,500
1994
679,900
638,200
1,200
596,400
96,200
24,100
72,100
45,400
26,700
500,100
123,500
33,000
64,100
26,400
15,300
25,600
16,000
9,600
79,300
1995
676,200
637,500
1,200
613,100
102,700
25,300
77,400
49,400
28,100
510,200
127,900
34,200
64,800
28,800
15,400
24,700
14,800
9,900
82,400
29,400
31,700
32,500
32,100
31,000
33,200
14,600
15,700
15,400
16,200
16,300
16,000
28,700
63,500
7,800
55,600
44,700
6,900
37,900
18,300
124,700
29,400
66,100
7,500
58,600
44,900
6,600
38,200
18,900
125,100
28,600
69,000
7,800
61,200
44,300
6,600
37,700
18,000
126,300
31,200
70,500
8,100
62,400
44,300
7,200
37,100
18,500
125,900
32,000
68,900
8,200
60,700
43,300
7,100
36,200
19,100
125,200
33,200
70,700
8,600
62,100
44,700
7,800
36,900
19,500
124,900
Federal Government
State Government
Local Government
INDUSTRY/YEAR
Civilian Labor Force
Civilian Employment
Civilian Unemployment
Total Farm
Total Nonfarm
Goods Producing
Mining, Logging and Construction
Manufacturing
Durable Goods
Nondurable Goods
Service Providing
Trade, Transportation & Utilities
Wholesale Trade
Retail Trade
Transportation, Warehousing & Utilities
Information
Financial Activities
Finance & Insurance
Real Estate & Rental & Leasing
Professional & Business Services
Professional, Scientific & Technical
Services
Management of Companies & Enterprises
Administrative & Support & Waste
Services
Educatio...