Friday, February 23, 2007

San Francisco County Five-Year Industry Employment Change

In San Francisco County, California, the entire sum of jobs in all industries overall has decreased by 58,202 total jobs from 2001 to 2006.

Of the 188 4-digit NAICS industries, 123 described an expansion of jobs throughout the time period, while 64 industry sectors reported declines during the time period.

Total Five-Year Employment Growth in San Francisco County

Out of the 4-digit NAICS industries, the Management and technical consulting services industry has grown the most with 3,491 employees finding new jobs in the industry. The employment growth in the Management and technical consulting services industry makes up 14.0 percent of the total growth in San Francisco County.

Top 5 Industries
1. Management and technical consulting services (3,491 new jobs)
2. Private households (3,304 new jobs)
3. Services to buildings and dwellings (2,182 new jobs)
4. Limited-service eating places (1,289 new jobs)
5. Colleges and universities (1,162 new jobs)

Total Five-Year Employment Decline in San Francisco County

Given the industries in the area, the Management of companies and enterprises industry witnessed the largest drop in employment, losing a total of 9,740 jobs during the time period. The jobs lost in the Management of companies and enterprises industry make up 11.8 percent of the total employment decline in San Francisco County, California.

Top 5 Industries
1. Management of companies and enterprises (9,740 jobs lost)
2. Securities and commodity contracts brokerage (8,300 jobs lost)
3. Employment services (5,376 jobs lost)
4. ISPs and web search portals (3,974 jobs lost)
5. Telecommunications resellers (3,189 jobs lost)

San Francisco County Five-Year Percentage Growth in Employment

The Other investment pools and funds industry has experienced the largest percentage growth, expanding by 207.2 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in San Francisco County has grow faster than the industry has grown in the State of California, where the industry took a gain of 61.6 percent. The Other investment pools and funds industry in San Francisco County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 12.1 percent of the employment in this industry.

Top 5 Industries
1. Other investment pools and funds (207.2 percent gain)
2. Support activities for water transportation (192.3 percent gain)
3. Coating, engraving, and heat treating metals (172.6 percent gain)
4. Insurance and employee benefit funds (162.9 percent gain)
5. Direct selling establishments (142.0 percent gain)

The total number of jobs has decreased by 11.5 percent from 2001 (2nd Quarter). These figures are greater than growth in the State of California, which experienced a gain of 2.8 percent since 2001 ( 2nd Quarter). The losses the area experienced were greater than than the gain seen for the United States of 2.6 percent.

San Francisco County Five-Year Percentage Decline in Employment

The Sound recording industries industry has lost the largest amount of employment in terms of percentage, losing 92.7 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has gone through in the California, where the industry reported a loss of 45 percent. The losses in the Sound recording industries industry in San Francisco County outpaced the US in terms of percent of decline of industry employment. The US lost 29 percent in terms of employment in the Sound recording industries industry.

Top 5 Industries
1. Sound recording industries (92.7 percent decline)
2. General rental centers (90.2 percent decline)
3. Commercial machinery repair and maintenance (82.8 percent decline)
4. Other fabricated metal product manufacturing (78 percent decline)
5. Semiconductor and electronic component mfg. (75.1 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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