Friday, February 23, 2007

Douglas County Five-Year Industry Employment Change

In Douglas County, Colorado, the aggregate employment for all industry sectors has increased by 21,353 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Given the 128 industry sectors (4-digit NAICS) with employment figures reported by the BLS in each quarter, 24 described an expansion of jobs throughout the time period, while 104 industries reported a drop in employment.

Total Five-Year Employment Growth in Douglas County

Out of the 4-digit NAICS industries, the Management of companies and enterprises industry has grown the most with 1,984 total jobs brought in during the period. The growth in the Management of companies and enterprises industry makes up 9.1 percent of the total number of new jobs in Douglas County.

Top 5 Industries
1. Management of companies and enterprises (1,984 new jobs)
2. Architectural and engineering services (1,575 new jobs)
3. Limited-service eating places (1,402 new jobs)
4. Full-service restaurants (1,323 new jobs)
5. Activities related to credit intermediation (1,116 new jobs)

Total Five-Year Employment Decline in Douglas County

Given the industries in the area, the Data processing and related services industry has lost the most employment with a total loss of 731 jobs during the time period. The jobs lost in the Data processing and related services industry make up 29.3 percent of the total employment decline in Douglas County, Colorado.

Top 5 Industries
1. Data processing and related services (731 jobs lost)
2. Wired telecommunications carriers (401 jobs lost)
3. Home furnishings stores (211 jobs lost)
4. ISPs and web search portals (206 jobs lost)
5. Highway, street, and bridge construction (172 jobs lost)

Douglas County Five-Year Percentage Decline in Employment

The ISPs and web search portals industry has lost the largest percent of jobs, losing 91.8 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined faster than the industry sector has felt in the State of Colorado, where the industry reported a loss of 44 percent. The losses in the ISPs and web search portals industry in Douglas County outpaced the losses of nation as a whole in the industry. In this time period, the nation lost 32.7 in percent of workers in the ISPs and web search portals industry.

Top 5 Industries
1. ISPs and web search portals (91.8 percent decline)
2. Data processing and related services (84.3 percent decline)
3. Alcoholic beverage merchant wholesalers (77.5 percent decline)
4. Local messengers and local delivery (74.6 percent decline)
5. Other miscellaneous manufacturing (73.2 percent decline)

Total industry employment has increased by 37.7 percent since the 2nd Quarter of 2001. This is greater than percent in Colorado, experiencing a gain of 0.1 percent from 2001 (2nd Quarter). The gains the area experienced were greater than than the gain reported at the US level of 2.6 percent.

Douglas County Five-Year Percentage Growth in Employment

The Nondepository credit intermediation industry has gone through the largest job growth by percent, increasing by 612.5 percent from the 2001 (Q2) to the 2006 (Q2). This industry in Douglas County has added employment faster than the growth seen in the industry for Colorado, where the industry took a gain of 20.5 percent. The Nondepository credit intermediation industry in Douglas County outpaced the national average, which felt a gained 18.9 percent in this industry.

Top 5 Industries
1. Nondepository credit intermediation (612.5 percent gain)
2. Medical equipment and supplies manufacturing (527.2 percent gain)
3. Lessors of nonfinancial intangible assets (477.8 percent gain)
4. Management of companies and enterprises (457.9 percent gain)
5. Religious organizations (446.9 percent gain)





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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