Friday, February 23, 2007

Kenai Peninsula Borough Five-Year Industry Employment Change

From the 74 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 32 showed an escalation in the number employed, while 42 industry sectors accounting for employment declines during that time period.

Total Five-Year Employment Growth in Kenai Peninsula Borough

Out of the 4-digit NAICS industries, the Seafood product preparation and packaging industry has grown the most with 235 total jobs brought in during the period. The growth in the Seafood product preparation and packaging industry makes up 15.1 percent of the total growth in Kenai Peninsula Borough.

Top 5 Industries
1. Seafood product preparation and packaging (235 new jobs)
2. Building material and supplies dealers (188 new jobs)
3. Traveler accommodation (177 new jobs)
4. Full-service restaurants (166 new jobs)
5. Grocery stores (131 new jobs)

In Kenai Peninsula Borough, Alaska, the aggregate employment for all industry sectors has increased by 940 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Decline in Kenai Peninsula Borough

Of the area's industries (4-digit NAICS), the Services to buildings and dwellings industry has lost the most employment with a total loss of 215 jobs in that time period. The declines in the Services to buildings and dwellings industry make up 19.8 percent of the total employment decline in Kenai Peninsula Borough, Alaska.

Top 5 Industries
1. Services to buildings and dwellings (215 jobs lost)
2. Support activities for mining (167 jobs lost)
3. Grocery and Related Product Wholesalers (110 jobs lost)
4. Utility system construction (96 jobs lost)
5. Other specialty trade contractors (74 jobs lost)

Kenai Peninsula Borough Five-Year Percentage Growth in Employment

The Activities related to real estate industry has witnessed the largest percentage of employment expansion, increasing by 666.7 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Kenai Peninsula Borough has expanded faster than the overall industry growth seen in the State of Alaska, where this industry saw a gain of 41.6 percent. The Activities related to real estate industry in Kenai Peninsula Borough outpaced the nation in terms of industry employment growth . During this period, the nation gained 19 percent in this industry.

Top 5 Industries
1. Activities related to real estate (666.7 percent gain)
2. Specialty food stores (259.3 percent gain)
3. Grantmaking and giving services (155.6 percent gain)
4. Water, sewage and other systems (147.8 percent gain)
5. Clothing stores (113.1 percent gain)

Kenai Peninsula Borough Five-Year Percentage Decline in Employment

The Logging industry has lost the largest percent of jobs, losing 84.9 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has experienced in the State of Alaska, where the it saw a loss of 47.8 percent. The losses in the Logging industry in Kenai Peninsula Borough outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 10.8 in percent of workers in the Logging industry.

Top 5 Industries
1. Logging (84.9 percent decline)
2. Utility system construction (81 percent decline)
3. Grocery and Related Product Wholesalers (71 percent decline)
4. Services to buildings and dwellings (68.7 percent decline)
5. Lessors of real estate (62 percent decline)

Employment for all industries has increased by 7.2 percent since the 2nd Quarter figures of 2001. This change is less than percent in Alaska, which experienced a gain of 10.9 percent from the 2nd Quarter of 2001. The gains felt were greater than than the gain reported at the US level of 2.6 percent.





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.

 

About - © 2007 Ecanned.com  - Contact