Friday, February 23, 2007

Covington County Five-Year Industry Employment Change

Covington County Five-Year Percentage Decline in Employment

The Radio and television broadcasting industry has seen the largest percentage drop in employment, losing 51.3 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has gone through in the Alabama, where the industry felt a loss of 8.6 percent. The losses in the Radio and television broadcasting industry in Covington County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 4.5 percent in terms of employees in the Radio and television broadcasting industry.

Top 5 Industries
1. Radio and television broadcasting (51.3 percent decline)
2. General freight trucking (47.7 percent decline)
3. Nonresidential building construction (40.4 percent decline)
4. Machinery and supply merchant wholesalers (38.6 percent decline)
5. Other miscellaneous store retailers (34.4 percent decline)

The total number of jobs has increased by 5.1 percent from 2001 (2nd Quarter). These figures are greater than percent in Alabama, experiencing a gain of 3.3 percent from 2001 (2nd Quarter). The gains were greater than than the gain seen for the United States of 2.6 percent.

Covington County Five-Year Percentage Growth in Employment

The Other professional and technical services industry has experienced the largest percentage growth, expanding by 1513.7 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Covington County has added employment faster than the industry job growth experienced in Alabama, where it saw a gain of 38.3 percent. The Other professional and technical services industry in Covington County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 14.4 percent of the employment in this industry.

Top 5 Industries
1. Other professional and technical services (1513.7 percent gain)
2. Consumer goods rental (174.2 percent gain)
3. Offices of other health practitioners (105.9 percent gain)
4. Building finishing contractors (89.5 percent gain)
5. Specialized freight trucking (86.8 percent gain)

Out of the 52 4-digit NAICS industries, 14 reported job growth in the duration of the last five years and 37 industry sectors accounting for employment declines during that time period.

Total Five-Year Employment Decline in Covington County

Given the industries in the area, the General freight trucking industry has lost the most employment with a total loss of 210 jobs. The declines in the General freight trucking industry make up 41.7 percent of the total employment decline in Covington County, Alabama.

Top 5 Industries
1. General freight trucking (210 jobs lost)
2. Grocery stores (94 jobs lost)
3. Utility system construction (49 jobs lost)
4. Depository credit intermediation (40 jobs lost)
5. Machinery and supply merchant wholesalers (29 jobs lost)

In Covington County, Alabama, the total number of jobs throughout all industries has increased by 554 total jobs from 2001 to 2006.

Total Five-Year Employment Growth in Covington County

Out of the 4-digit NAICS industries, the Other professional and technical services industry has accounted the most employment growth with a total of 368 total jobs brought in during the period. The growth in the Other professional and technical services industry makes up 30.7 percent of the total employment growth in Covington County.

Top 5 Industries
1. Other professional and technical services (368 new jobs)
2. Nursing care facilities (106 new jobs)
3. Limited-service eating places (103 new jobs)
4. General medical and surgical hospitals (78 new jobs)
5. Offices of other health practitioners (54 new jobs)





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