Friday, February 23, 2007

Sebastian County Five-Year Industry Employment Change

From the 114 industries with industry data reported by the BLS in each quarter, 48 reported job growth in the duration of the last five years and 66 industries reported a drop in employment.

In Sebastian County, Arkansas, the aggregate employment for all industry sectors has decreased by 169 total jobs from 2001 to 2006.

Total Five-Year Employment Decline in Sebastian County

Of the area's industries (4-digit NAICS), the Household and institutional furniture mfg. industry experienced most substantial job loss, losing 896 jobs during the period. The employment lost in the Household and institutional furniture mfg. industry make up 28.3 percent of the total employment decline in Sebastian County, Arkansas.

Top 5 Industries
1. Household and institutional furniture mfg. (896 jobs lost)
2. Business support services (366 jobs lost)
3. Gasoline stations (184 jobs lost)
4. Depository credit intermediation (141 jobs lost)
5. Highway, street, and bridge construction (132 jobs lost)

Total Five-Year Employment Growth in Sebastian County

The Support activities for mining industry has added the most employment with 339 total jobs brought in during the period. The growth in the Support activities for mining industry makes up 8.8 percent of the total number of new jobs in Sebastian County.

Top 5 Industries
1. Support activities for mining (339 new jobs)
2. Full-service restaurants (263 new jobs)
3. Building material and supplies dealers (251 new jobs)
4. Investigation and security services (212 new jobs)
5. Employment services (186 new jobs)

Sebastian County Five-Year Percentage Growth in Employment

The Medical equipment and supplies manufacturing industry has experienced the largest percentage growth, expanding by 248.1 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Sebastian County has increased employment faster than the industry has grown in the State of Arkansas, where the industry took a loss of 9.6 percent. The Medical equipment and supplies manufacturing industry in Sebastian County outpaced the national average, which felt a lost 1.7 percent.

Top 5 Industries
1. Medical equipment and supplies manufacturing (248.1 percent gain)
2. Special food services (147.9 percent gain)
3. Machine shops and threaded product mfg. (133.6 percent gain)
4. Electronic markets and agents and brokers (118.8 percent gain)
5. Furniture stores (118.3 percent gain)

Sebastian County Five-Year Percentage Decline in Employment

The Business support services industry has lost the largest amount of employment in terms of percentage, losing 75.7 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry has experienced in the State of Arkansas, where the it saw a loss of 1.3 percent. The losses in the Business support services industry in Sebastian County outpaced the United States industry losses overall. During this period, the United States gained 0.8 percent in terms of employees in the Business support services industry.

Top 5 Industries
1. Business support services (75.7 percent decline)
2. Office administrative services (64.2 percent decline)
3. Other fabricated metal product manufacturing (57.7 percent decline)
4. Securities and commodity contracts brokerage (52 percent decline)
5. Household and institutional furniture mfg. (49.7 percent decline)

Total industry employment has decreased by 0.2 percent from the reported values in 2001. These values are greater than percent in Arkansas, which went through a gain of 3.0 percent since 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.





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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