Friday, February 23, 2007

Stone County Five-Year Industry Employment Change

In Stone County, Arkansas, the aggregate employment for all industry sectors has increased by 89 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Total Five-Year Employment Growth in Stone County

The Individual and family services industry has accounted the most employment growth with a total of 52 jobs added during the time period. These new jobs in the Individual and family services industry makes up 27.5 percent of the total growth in Stone County.

Top 5 Industries
1. Individual and family services (52 new jobs)
2. Traveler accommodation (50 new jobs)
3. Offices of physicians (35 new jobs)
4. Building foundation and exterior contractors (15 new jobs)
5. Electronics and appliance stores (13 new jobs)

Total Five-Year Employment Decline in Stone County

The Gasoline stations industry has lost the most employment with a total loss of 26 jobs during the time period. The jobs lost in the Gasoline stations industry make up 53.5 percent of the employment lost during the period in Stone County, Arkansas.

Top 5 Industries
1. Gasoline stations (26 jobs lost)
2. Automobile dealers (11 jobs lost)
3. Office supplies, stationery, and gift stores (6 jobs lost)
4. Building equipment contractors (2 jobs lost)
5. Limited-service eating places (2 jobs lost)

From the 15 industries (4-digit NAICS) with sufficient data reported by the Bureau of Labor Statistics (BLS) in each quarter, 5 showed an escalation in the number employed, while 10 industry sectors reported declines during the time period.

Employment for all industries has increased by 3.7 percent since the 2nd Quarter of 2001. This is greater than percent in Arkansas, experiencing a gain of 3.0 percent from 2001 (2nd Quarter). The gains were greater than than the gain seen for the United States of 2.6 percent.

Stone County Five-Year Percentage Growth in Employment

The Electronics and appliance stores industry has experienced the largest percentage growth, expanding by 325.0 percent from 2001 to 2006. This industry in Stone County has expanded faster than the industry job growth experienced in Arkansas, where this industry saw a loss of 6.3 percent. The Electronics and appliance stores industry in Stone County outpaced the national average, which felt a lost 2.7 percent in this industry.

Top 5 Industries
1. Electronics and appliance stores (325.0 percent gain)
2. Offices of physicians (171.0 percent gain)
3. Building foundation and exterior contractors (95.7 percent gain)
4. Individual and family services (86.1 percent gain)
5. Machinery and supply merchant wholesalers (76.6 percent gain)

Stone County Five-Year Percentage Decline in Employment

The Office supplies, stationery, and gift stores industry has seen the largest percentage drop in employment, losing 50 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has gone through in the Arkansas, where the industry felt a loss of 18.5 percent. The losses in the Office supplies, stationery, and gift stores industry in Stone County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 17.8 in percent of workers in the Office supplies, stationery, and gift stores industry.

Top 5 Industries
1. Office supplies, stationery, and gift stores (50 percent decline)
2. Gasoline stations (29.3 percent decline)
3. Automobile dealers (23.6 percent decline)
4. Building equipment contractors (12.3 percent decline)
5. Limited-service eating places (1.8 percent decline)





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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