Friday, February 23, 2007

Valdez-Cordova Census Area Five-Year Industry Employment Change

Total industry employment has increased by 10.1 percent from 2001 (2nd Quarter). These figures are less than growth in the State of Alaska, which experienced a gain of 10.9 percent from 2001 (2nd Quarter). The gains the area experienced were greater than than the gain reported at the US level of 2.6 percent.

Valdez-Cordova Census Area Five-Year Percentage Growth in Employment

The Building equipment contractors industry has gone through the largest job growth by percent, increasing by 141.5 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Valdez-Cordova Census Area has increased employment faster than the growth seen in the industry for Alaska, where it saw a gain of 16.6 percent. The Building equipment contractors industry in Valdez-Cordova Census Area outpaced the United States, which experienced a gained 5.3 percent of the employment in this industry.

Top 5 Industries
1. Building equipment contractors (141.5 percent gain)
2. Seafood product preparation and packaging (73.7 percent gain)
3. Offices of physicians (66.4 percent gain)
4. Gasoline stations (58.2 percent gain)
5. Other general merchandise stores (55.3 percent gain)

Valdez-Cordova Census Area Five-Year Percentage Decline in Employment

The Services to buildings and dwellings industry has lost the biggest percent of jobs, losing 79.8 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has felt in the State of Alaska, where the industry sector experienced a loss of 12.9 percent. The losses in the Services to buildings and dwellings industry in Valdez-Cordova Census Area outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 11 percent in terms of employees in the Services to buildings and dwellings industry.

Top 5 Industries
1. Services to buildings and dwellings (79.8 percent decline)
2. Office supplies, stationery, and gift stores (65.5 percent decline)
3. Other investment pools and funds (58.1 percent decline)
4. RV parks and recreational camps (47.3 percent decline)
5. Full-service restaurants (22.4 percent decline)

Total Five-Year Employment Growth in Valdez-Cordova Census Area

The Seafood product preparation and packaging industry has accounted the most employment growth with a total of 226 total jobs brought in during the period. The growth in the Seafood product preparation and packaging industry makes up 60.0 percent of the total growth in Valdez-Cordova Census Area.

Top 5 Industries
1. Seafood product preparation and packaging (226 new jobs)
2. Traveler accommodation (46 new jobs)
3. Offices of physicians (25 new jobs)
4. Other general merchandise stores (24 new jobs)
5. Building equipment contractors (19 new jobs)

Total Five-Year Employment Decline in Valdez-Cordova Census Area

From of the area's 4-digit NAICS industries, the Services to buildings and dwellings industry faced the greatest employment loss with a total loss of 69 jobs during the time period. The jobs lost in the Services to buildings and dwellings industry make up 43.2 percent of the jobs lost during the period in Valdez-Cordova Census Area, Alaska.

Top 5 Industries
1. Services to buildings and dwellings (69 jobs lost)
2. Other investment pools and funds (24 jobs lost)
3. Full-service restaurants (18 jobs lost)
4. Office supplies, stationery, and gift stores (12 jobs lost)
5. RV parks and recreational camps (9 jobs lost)

Given the 19 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 10 showed an escalation in the number employed, while 9 industries reported a drop in employment.

In Valdez-Cordova Census Area, Alaska, the aggregate employment for all industry sectors has increased by 335 jobs between mid-2001 and mid-2006.





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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