Friday, February 23, 2007

Carroll County Five-Year Industry Employment Change

Carroll County Five-Year Percentage Growth in Employment

The Other specialty trade contractors industry has gone through the largest job growth by percent, increasing by 147.1 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Carroll County has increased employment faster than the industry job growth experienced in Arkansas, where the industry felt a gain of 18.7 percent. The Other specialty trade contractors industry in Carroll County outpaced the nation in terms of industry employment growth . During this period, the nation gained 22.3 percent.

Top 5 Industries
1. Other specialty trade contractors (147.1 percent gain)
2. Offices of real estate agents and brokers (144.8 percent gain)
3. Specialized freight trucking (114.8 percent gain)
4. Individual and family services (100.8 percent gain)
5. Automotive repair and maintenance (81.6 percent gain)

Total industry employment has decreased by 2.8 percent since the 2nd Quarter figures of 2001. This change is greater than growth in Arkansas, which went through a gain of 3.0 percent from the 2nd Quarter of 2001. The losses in the area were greater than than the gain experienced overall in the US of 2.6 percent.

Carroll County Five-Year Percentage Decline in Employment

The Personal care services industry has lost the largest percent of jobs, losing 60.5 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has gone through in the Arkansas, where the industry felt a gain of 26.9 percent. The losses in the Personal care services industry in Carroll County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 16.5 percent in terms of employment in the Personal care services industry.

Top 5 Industries
1. Personal care services (60.5 percent decline)
2. Insurance carriers (45.5 percent decline)
3. Office supplies, stationery, and gift stores (45.3 percent decline)
4. Insurance agencies, brokerages, and related (42.7 percent decline)
5. Nonresidential building construction (37.2 percent decline)

From the 38 industries with industry data reported by the BLS in each quarter, 16 accounted an for increase in employment during the period and 21 industries reported a drop in employment.

In Carroll County, Arkansas, the total number of jobs throughout all industries has decreased by 253 jobs from mid-2001 to mid-2006.

Total Five-Year Employment Decline in Carroll County

From of the area's 4-digit NAICS industries, the Office supplies, stationery, and gift stores industry witnessed the largest drop in employment, losing a total of 53 jobs during the time period. The jobs lost in the Office supplies, stationery, and gift stores industry make up 24.2 percent of the jobs lost during the period in Carroll County, Arkansas.

Top 5 Industries
1. Office supplies, stationery, and gift stores (53 jobs lost)
2. Gasoline stations (37 jobs lost)
3. Offices of physicians (33 jobs lost)
4. Nonresidential building construction (24 jobs lost)
5. Insurance agencies, brokerages, and related (16 jobs lost)

Total Five-Year Employment Growth in Carroll County

The Depository credit intermediation industry has added the most employment with 96 new jobs created in the period. The job growth in the Depository credit intermediation industry makes up 20.4 percent of the total number of new jobs in Carroll County.

Top 5 Industries
1. Depository credit intermediation (96 new jobs)
2. Other specialty trade contractors (83 new jobs)
3. Full-service restaurants (53 new jobs)
4. Specialized freight trucking (47 new jobs)
5. Individual and family services (40 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.

 

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