Sunday, October 29, 2006

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

Real estate and rental and leasing from 2001-2005 had the highest increase in employment in Lawrence County, increasing by 50 percent. This is greater than the change of total jobs in the industry for the United States of 4.3 percent. The State of Arkansas underwent a employment change in the industry of 6.1 percent, during the time since 2001.

Lawrence is the County that is ranked 53 of 76 total Counties compared to other Counties in State of Arkansas by total number of jobs in 2005. This position has moved up since the year 2001, when it was ranked 48 of 76 Counties.

In Lawrence County, Retail Trade, Manufacturing, and the Health care and social assistance sectors are the largest industries, in terms of total number of jobs in 2005. The Retail Trade provides the most jobs and contributes 22.1 percent of all the jobs in the county. This makes up 663 employees. The Manufacturing and Health care and social assistance sectors provide 21.9 and 9 percent of total employment, respectively.

The Manufacturing sector has decreased the most in local industry presence in Lawrence County, from the year 2001 to 2005, accounting for 32.8 percent of employment in 2001 to 21.9 percent of employment in 2005.

Educational services has a largest number of employee per establishment in Lawrence County. The industry averages 50 employees per business. This is greater than the US industry average of 27 and greater than the State of Arkansas typical size of 16 for the Educational services industry.

Manufacturing between the years 2001 and 2005, saw the greatest loss in employment in Lawrence County. The industry was hit with a loss of 506 employees during the period, or 43.5 percent of jobs in the industry. The losses in this industry made up 73 percent of the total jobs loss in the County.

In Lawrence County, Mining, Agriculture, forestry, fishing and hunting and Educational services have the highest US LQ in 2005. The Mining sector in the county has a location quotient of 4.02. This means the percent of total employment in the Mining sector is 4.02 times greater than the national average, signifying that Lawrence County may specialize, or be an exporter of Mining.



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

 

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