Wednesday, January 24, 2007

Auburn-Opelika One-Year Industry Employment Change

The Auburn-Opelika Metro Area: One-Year Percentage Growth in Employment

The Misc. durable goods merchant wholesalers industry has witnessed the largest percentage of employment expansion, increasing by 600.0 percent from 2005 (2nd quarter) to 2006 (2nd quarter). This industry sector in Auburn-Opelika has increased employment faster than the overall industry growth seen in the State of Alabama, where it saw a gain of 7.3 percent. The Misc. durable goods merchant wholesalers industry in Auburn-Opelika outpaced the nation in terms of industry employment growth . During this period, the nation gained 3.4 percent.

Top 5 Industries
1. Misc. durable goods merchant wholesalers (600.0 percent gain)
2. Drinking places, alcoholic beverages (139.2 percent gain)
3. Community care facilities for the elderly (122.5 percent gain)
4. Motor vehicle parts manufacturing (89.3 percent gain)
5. Office administrative services (65.0 percent gain)

Total industry employment has increased by 5.4 percent since the 2nd Quarter of 2005. This is greater than percent in the State of Alabama, which saw a gain of 2 percent from 2005 (2nd Quarter). The gains in the area were greater than than the gain reported at the US level of 2 percent.

The Auburn-Opelika Metro Area: One-Year Percentage Decline in Employment

The Insurance carriers industry has lost the largest amount of employment in terms of percentage, losing 28 percent of the jobs from 2005 to 2006. These have declined faster than the industry has experienced in the State of Alabama, where the industry sector experienced a gain of 1 percent. The losses in the Insurance carriers industry in Auburn-Opelika outpaced the United States industry losses overall. During this period, the United States gained 0.1 in percent of workers in the Insurance carriers industry.

Top 5 Industries
1. Insurance carriers (28 percent decline)
2. Direct selling establishments (24.2 percent decline)
3. Activities related to real estate (21.5 percent decline)
4. Machinery and supply merchant wholesalers (21.3 percent decline)
5. Jewelry, luggage, and leather goods stores (20.1 percent decline)

Total One-Year Employment Decline in the Auburn-Opelika Metro Area

The Other general merchandise stores industry experienced most substantial job loss, losing 134 jobs. The declines in the Other general merchandise stores industry make up 19.1 percent of the employment lost during the period in Auburn-Opelika, AL.

Top 5 Industries
1. Other general merchandise stores (134 jobs lost)
2. Grocery stores (97 jobs lost)
3. Gasoline stations (49 jobs lost)
4. Traveler accommodation (35 jobs lost)
5. Book, periodical, and music stores (28 jobs lost)

From the 95 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 40 showed an escalation in the number employed, while 52 industries reported employment loss in the period.

In the Auburn-Opelika, AL metro area, the entire sum of jobs in all of the industries has increased by 1,822 total jobs from 2005 to 2006.

Total One-Year Employment Growth in the Auburn-Opelika Metro Area

From the industries (4-digit NAICS) in the area, the Motor vehicle parts manufacturing industry has added the most employment with 261 new jobs created in the period. The job growth in the Motor vehicle parts manufacturing industry makes up 14.4 percent of the growth in Auburn-Opelika.

Top 5 Industries
1. Motor vehicle parts manufacturing (261 new jobs)
2. Misc. durable goods merchant wholesalers (178 new jobs)
3. Limited-service eating places (161 new jobs)
4. Community care facilities for the elderly (83 new jobs)
5. Department stores (81 new jobs)





About: This report is part 1 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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