Sunday, October 29, 2006

Employment Report for Poinsett County, Arkansas -- Annual 2005 Industry Summary

In Poinsett County, Manufacturing, Retail Trade, and the Wholesale trade industries have the largest percent of jobs of all industries. The Manufacturing is the largest employment industry and makes up 29.5 percent of all the jobs in the county. This makes up 1,454 people employed. The Retail Trade and Wholesale trade industries make up 16.1 and 9.8 percent of all employment.

Manufacturing has a largest number of employee per establishment in Poinsett County. The industry averages 48 jobs per place of business. This is greater than the industry's national average of 39 and less than the State of Arkansas average of 56 for the Manufacturing industry.

In Poinsett County, Manufacturing, Wholesale trade and Real estate and rental and leasing industries have the highest United States location quotient (LQ). The Manufacturing industry has an LQ of 2.3. In other words, the percent of total jobs in the Manufacturing sector is 2.3 times greater than the national average, signifying that Poinsett County produces more than its local requirement of products and/or services of Manufacturing.

The Health care and social assistance has seen the largest decrease in industry presence in Poinsett County since 2001, going from making up 9.8 percent of total employment in 2001 to 0 percent of total employment in the year 2005.

Real estate and rental and leasing is the industry that has seen the largest increase in jobs from the year 2001 to the present in Poinsett County, growing by 44 percent. This is greater than the United States industry change in employment of 4.3 percent. The State of Arkansas experienced a sector employment shift of 6.1 percent, in the last 5 years.







Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).

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