Friday, February 23, 2007

Cherokee County Five-Year Industry Employment Change

Cherokee County Five-Year Percentage Decline in Employment

The Nondepository credit intermediation industry has lost the largest amount of employment in terms of percentage, losing 59.5 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). These losses have declined faster than the industry has experienced in the State of Alabama, where the industry sector experienced a gain of 35.1 percent. The losses in the Nondepository credit intermediation industry in Cherokee County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States gained 18.9 in percent of workers in the Nondepository credit intermediation industry.

Top 5 Industries
1. Nondepository credit intermediation (59.5 percent decline)
2. Building equipment contractors (38 percent decline)
3. Machinery and supply merchant wholesalers (30.1 percent decline)
4. Child day care services (28.8 percent decline)
5. Services to buildings and dwellings (22.2 percent decline)

Total employment has increased by 7.6 percent since the 2nd Quarter of 2001. This is greater than growth in the State of Alabama, which went through a gain of 3.3 percent since 2001 ( 2nd Quarter). The gains were greater than than the gain experienced overall in the US of 2.6 percent.

Cherokee County Five-Year Percentage Growth in Employment

The Electronic markets and agents and brokers industry has gone through the largest job growth by percent, increasing by 100.0 percent from 2001 to 2006. This industry in Cherokee County has expanded faster than the industry job growth experienced in Alabama, where it saw a gain of 35.3 percent. The Electronic markets and agents and brokers industry in Cherokee County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 29.2 percent of the employment in this industry.

Top 5 Industries
1. Electronic markets and agents and brokers (100.0 percent gain)
2. Offices of physicians (59.5 percent gain)
3. Legal services (34.5 percent gain)
4. Other specialty trade contractors (27.7 percent gain)
5. Limited-service eating places (27.2 percent gain)

Total Five-Year Employment Decline in Cherokee County

Of the area's industries (4-digit NAICS), the Greenhouse and nursery production industry faced the greatest employment loss with a total loss of 60 jobs. The declines in the Greenhouse and nursery production industry make up 45.9 percent of the jobs lost during the period in Cherokee County, Alabama.

Top 5 Industries
1. Greenhouse and nursery production (60 jobs lost)
2. Building equipment contractors (15 jobs lost)
3. Machinery and supply merchant wholesalers (14 jobs lost)
4. Child day care services (13 jobs lost)
5. Direct selling establishments (10 jobs lost)

Total Five-Year Employment Growth in Cherokee County

The Limited-service eating places industry has added the most employment with 75 jobs added during the time period. These new jobs in the Limited-service eating places industry makes up 52.4 percent of the total growth in Cherokee County.

Top 5 Industries
1. Limited-service eating places (75 new jobs)
2. Offices of physicians (29 new jobs)
3. Gasoline stations (10 new jobs)
4. Health and personal care stores (8 new jobs)
5. Other specialty trade contractors (4 new jobs)

In Cherokee County, Alabama, the entire sum of jobs in all industries overall has increased by 281 total jobs from 2001 to 2006.

From the 23 industries with industry data reported by the BLS in each quarter, 9 reported job growth in the duration of the last five years and 12 industry sectors reported declines during the time period.





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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