Friday, February 23, 2007

Bristol Bay Borough Five-Year Industry Employment Change

Total Five-Year Employment Growth in Bristol Bay Borough

The Other general merchandise stores industry has grown the most with 96 total jobs brought in during the period. The growth in the Other general merchandise stores industry makes up 73.6 percent of the growth in Bristol Bay Borough.

Top 2 Industries
1. Other general merchandise stores (96 new jobs)
2. Grocery stores (17 new jobs)

Given the 6 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 2 reported job growth in the duration of the last five years and 4 industries reported a drop in employment.

In Bristol Bay Borough, Alaska, the aggregate employment for all industry sectors has increased by 852 jobs between mid-2001 and mid-2006.

Total Five-Year Employment Decline in Bristol Bay Borough

Of the area's industries (4-digit NAICS), the Other investment pools and funds industry experienced most substantial job loss, losing 124 jobs in that time period. The declines in the Other investment pools and funds industry make up 96.9 percent of the jobs lost during the period in Bristol Bay Borough, Alaska.

Top 4 Industries
1. Other investment pools and funds (124 jobs lost)
2. Services to buildings and dwellings (4 jobs lost)
3. Oil and gas extraction (654 jobs lost)
4. Religious organizations (252 jobs lost)

Bristol Bay Borough Five-Year Percentage Growth in Employment

The Legal services industry has experienced the largest percentage growth, expanding by 117.1 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Bristol Bay Borough has grow faster than the industry has grown in the State of Alaska, where this industry saw a loss of 3.9 percent. The Legal services industry in Bristol Bay Borough outpaced the nation in terms of industry employment growth . During this period, the nation gained 8.3 percent.

Top 4 Industries
1. Legal services (117.1 percent gain)
2. Grocery stores (28.1 percent gain)
3. Other general merchandise stores (22.4 percent gain)
4. Gambling industries (9.1 percent gain)

Total industry employment has increased by 176.5 percent from 2001 (2nd Quarter). These figures are greater than percent in the State of Alaska, experiencing a gain of 10.9 percent from 2001 (2nd Quarter). The gains felt were greater than than the gain seen for the United States of 2.6 percent.

Bristol Bay Borough Five-Year Percentage Decline in Employment

The Other investment pools and funds industry has lost the largest percent of jobs, losing 53.6 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has felt in the State of Alaska, where the it saw a loss of 21.3 percent. The losses in the Other investment pools and funds industry in Bristol Bay Borough outpaced the United States industry losses overall. During this period, the United States gained 12.1 in percent of jobs in the Other investment pools and funds industry.

Top 2 Industries
1. Other investment pools and funds (53.6 percent decline)
2. Services to buildings and dwellings (31.6 percent decline)





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.

 

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