Friday, February 23, 2007

Boulder County Five-Year Industry Employment Change

Boulder County Five-Year Percentage Growth in Employment

The Sugar and confectionery product manufacturing industry has experienced the largest percentage growth, expanding by 285.7 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Boulder County has grow faster than the industry job growth experienced in Colorado, where it saw a loss of 12.6 percent. The Sugar and confectionery product manufacturing industry in Boulder County outpaced the US in terms of percent growth of industry employment. During this period, the US lost 19.6 percent of the employment in this industry.

Top 5 Industries
1. Sugar and confectionery product manufacturing (285.7 percent gain)
2. Other ambulatory health care services (146.3 percent gain)
3. Educational support services (130.9 percent gain)
4. Apparel and piece goods merchant wholesalers (129.1 percent gain)
5. Other animal production (120.0 percent gain)

Boulder County Five-Year Percentage Decline in Employment

The Office furniture and fixtures manufacturing industry has lost the largest percent of jobs, losing 95.9 percent of the jobs from 2001 to 2006. These have declined faster than the industry has seen in the Colorado, where the industry felt a loss of 1.2 percent. The losses in the Office furniture and fixtures manufacturing industry in Boulder County outpaced the United States industry losses overall. During this period, the United States lost 23.3 in percent of workers in the Office furniture and fixtures manufacturing industry.

Top 5 Industries
1. Office furniture and fixtures manufacturing (95.9 percent decline)
2. Wired telecommunications carriers (94 percent decline)
3. Other leather product manufacturing (86.8 percent decline)
4. Lessors of nonfinancial intangible assets (79.7 percent decline)
5. Motor vehicle parts manufacturing (78 percent decline)

Total industry employment has decreased by 18.9 percent since the 2nd Quarter of 2001. This is greater than percent in Colorado, which experienced a gain of 0.1 percent from the 2nd Quarter of 2001. The losses felt were greater than than the gain experienced overall in the US of 2.6 percent.

In Boulder County, Colorado, the total number of jobs throughout all industries has decreased by 30,848 jobs between mid-2001 and mid-2006.

Total Five-Year Employment Growth in Boulder County

Of the industries (4-digit NAICS) in the area, the Scientific research and development services industry has grown the most with 1,190 total jobs brought in during the period. The growth in the Scientific research and development services industry makes up 16.5 percent of the total growth in Boulder County.

Top 5 Industries
1. Scientific research and development services (1,190 new jobs)
2. Individual and family services (670 new jobs)
3. Other general merchandise stores (545 new jobs)
4. Electronic markets and agents and brokers (457 new jobs)
5. Offices of physicians (456 new jobs)

Total Five-Year Employment Decline in Boulder County

Of the area's industries (4-digit NAICS), the Wired telecommunications carriers industry witnessed the largest drop in employment, losing a total of 3,117 jobs during the period. The employment lost in the Wired telecommunications carriers industry make up 8.6 percent of the total employment decline in Boulder County, Colorado.

Top 5 Industries
1. Wired telecommunications carriers (3,117 jobs lost)
2. Computer systems design and related services (3,070 jobs lost)
3. Software publishers (2,537 jobs lost)
4. Computer and peripheral equipment mfg. (2,160 jobs lost)
5. Full-service restaurants (1,685 jobs lost)

From the 169 industries with industry data reported by the BLS in each quarter, 119 showed an escalation in the number employed, while 50 industries reported employment loss in the period.





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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