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Career Advice. Salary Research Uncover detailed salary data for specific jobs, employers, schools, and more. By Company. Take our salary survey to see what you should be earning. Get a Demo Price a Job. Get a Demo My Account. United States. Reno had 27, jobs in transportation and material moving, accounting for Some of the larger detailed occupations within the transportation and material moving group included laborers and freight, stock, and material movers by hand 7, , stockers and order fillers 5, , and heavy and tractor-trailer truck drivers 4, Detailed data for the transportation and material moving occupations are presented in table 1 ; for a complete listing of detailed occupations available go to www.
Location quotients allow us to explore the occupational make-up of a metropolitan area by comparing the composition of jobs in an area relative to the national average. See table 1. For example, a location quotient of 2. In the Reno area, above-average concentrations of employment were found in some of the occupations within the transportation and material moving group.
For instance, packers and packagers by hand were employed at 2. Light truck drivers had a location quotient of 1. Data released on or after March 31, , will reflect the new program name.
Webpages, publications, and other materials associated with previous data releases will retain the Occupational Employment Statistics name. Because 5 of the 6 survey panels used to produce the estimates date from before the COVID pandemic, only the most recent May survey panel reflects changes in occupational proportions related to the COVID pandemic. In addition, as a result of the pandemic, response rates for the November and May panels were lower in some areas. Lower response rates may negatively affect data availability and data quality.
More information is available at www. Because the May and May estimates are based on a combination of survey data collected using the SOC and survey data collected using the SOC, these estimates use a hybrid of the two classification systems that contains some combinations of occupations that are not found in either the or SOC. This is the second and final year that the hybrid occupational structure will be used.
For more information on the occupational classification system used in the May and May estimates, please see www. With the May estimates, to be released in Spring , the OEWS program plans to begin using a new estimation methodology. For residents, the sharp increase in prices compared to slower-rising wages means less affordability. The affordability issue in Reno is especially dire for younger first-time homebuyers, said Cory Henderson, branch manager for Mann Mortgage in Reno.
For every homebuyer, the ability to buy a house boils down to two things: how much you owe and how much money you make. The debt-to-income ratio is the standard used by lenders to determine how much house an applicant can afford.
When the housing market collapsed during the last recession, for example, one factor cited was the use of creative financing terms that essentially ignored traditional debt-to-income requirements. At the time, several mortgage lenders approved borrowers for loan amounts that were far higher than what they could realistically afford based on their income and debt. In determining the proper percentage of debt to income, lenders calculate two versions of the ratio.
This comprises the total house payment, including the mortgage principal, interest, taxes, homeowners association dues and — for borrowers who do not make at least a 20 percent down payment — primary mortgage insurance or PMI. A household that pays more than 30 percent of its income toward housing is considered to be burdened and no longer able to comfortably afford its housing expenses.
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