15.08.2013 Views

The Economic Value of Water and Ecosystem Preservation

The Economic Value of Water and Ecosystem Preservation

The Economic Value of Water and Ecosystem Preservation

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Refugio shows a rapid decrease in the level <strong>of</strong> poverty compared to the other<br />

counties analyzed. In 2001, there were 16.7 percent <strong>of</strong> people living below the<br />

poverty line <strong>and</strong> in 2004 this percentage decreased to 14.7, a decrease from<br />

1,385 to 1,125 people living under such conditions during this time period (Figure<br />

5-2).<br />

Real per capita personal income in Refugio is the highest compared to the<br />

other counties, but still lower than Texas <strong>and</strong> the nation. It increased from<br />

$24,901 ($25,610) in 2001 to $28,238 ($29,195) in 2005 <strong>and</strong> in 2005 it was<br />

ranked 61 st within the 254 counties in Texas (Figure 5-3). <strong>The</strong> real average wage<br />

per job also increased from $21,927 ($22,551) in 2001 to $24,333 ($25,158) in<br />

2005 (Figure 5-4), still relatively low compared to the rest <strong>of</strong> the state.<br />

<strong>The</strong> total number <strong>of</strong> full-time <strong>and</strong> part-time jobs <strong>and</strong> the unemployment rate<br />

since 2000 has been cyclical. In 2001, the total number <strong>of</strong> jobs was 3,249 <strong>and</strong> in<br />

2005 it was 3,391, an increase <strong>of</strong> 4.4 percent (Bureau <strong>of</strong> <strong>Economic</strong> Analysis,<br />

2007). <strong>The</strong> unemployment rate increased from 4.10% in 2000 to 5.00% in 2005<br />

(Figure 5-5). Similar to the other counties, the unemployment rate decreased to<br />

4.9 percent in 2006 <strong>and</strong> from January 2007 to June 2007, the average<br />

unemployment rate fell further to 4.3 percent.<br />

Figure 5-8 shows the percentage <strong>of</strong> employment by sector in 2005 in<br />

Refugio. Due to privacy concerns, many sectors do not show the actual number<br />

<strong>of</strong> jobs; however, it is possible to estimate that the government is the County’s<br />

major employer, accounting for 24% <strong>of</strong> total employment, followed by trade<br />

(13%), mining (oil <strong>and</strong> gas) extraction (9%) <strong>and</strong> construction (9%). It is not<br />

possible to determine the number <strong>of</strong> jobs in the Fishing sector since no data were<br />

available.<br />

Figure 5-8. Employment Sectors Pie Chart, Refugio, 2005<br />

Manufacturing 1%<br />

Real estate 2%<br />

Admnistrative <strong>and</strong><br />

w aste services 2%<br />

Sectors avoiding public<br />

disclosure<br />

(including fishing) 22%<br />

Transportation,<br />

Inf ormation<br />

2%<br />

Pr<strong>of</strong>essional, technical<br />

services 3%<br />

Other services, except<br />

public admnistration<br />

10%<br />

Finance, Insurance 4%<br />

Source: U.S. Department <strong>of</strong> Commerce, Bureau <strong>of</strong> <strong>Economic</strong> Analysis, 2007<br />

53<br />

Governm ennt 24%<br />

Trade<br />

13%<br />

Mining (oil <strong>and</strong> gas)<br />

9%<br />

Construction,<br />

9%

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!