Friday, February 23, 2007

Morgan County Five-Year Industry Employment Change

From the 41 industries with industry data reported by the BLS in each quarter, 20 described an expansion of jobs throughout the time period, while 21 industries reported a drop in employment.

In Morgan County, Colorado, the total number of jobs throughout all industries has increased by 119 jobs between mid-2001 and mid-2006.

Total Five-Year Employment Decline in Morgan County

The Specialized freight trucking industry witnessed the largest drop in employment, losing a total of 123 jobs during the period. The employment lost in the Specialized freight trucking industry make up 20.6 percent of the total job loss in Morgan County, Colorado.

Top 5 Industries
1. Specialized freight trucking (123 jobs lost)
2. Nursing care facilities (94 jobs lost)
3. Gasoline stations (72 jobs lost)
4. Grocery stores (58 jobs lost)
5. Other specialty trade contractors (49 jobs lost)

Total Five-Year Employment Growth in Morgan County

Of the industries (4-digit NAICS) in the area, the Support activities for mining industry has added the most employment with 111 employees finding new jobs in the industry. The employment growth in the Support activities for mining industry makes up 24.0 percent of the total employment growth in Morgan County.

Top 5 Industries
1. Support activities for mining (111 new jobs)
2. Residential building construction (59 new jobs)
3. General freight trucking (56 new jobs)
4. Nonresidential building construction (40 new jobs)
5. Misc. nondurable goods merchant wholesalers (38 new jobs)

Morgan County Five-Year Percentage Growth in Employment

The General freight trucking industry has experienced the largest percentage growth, expanding by 1200.0 percent from the 2nd quarter of 2001 to the 2nd quarter of 2006. This industry sector in Morgan County has grow faster than the industry job growth experienced in Colorado, where this industry saw a gain of 5.2 percent. The General freight trucking industry in Morgan County outpaced the national average, which felt a gained 0.2 percent of the industry employment.

Top 5 Industries
1. General freight trucking (1200.0 percent gain)
2. Residential building construction (539.4 percent gain)
3. Support activities for mining (141.5 percent gain)
4. Health and personal care stores (71.6 percent gain)
5. Warehousing and storage (52.1 percent gain)

Morgan County Five-Year Percentage Decline in Employment

The Specialized freight trucking industry has lost the biggest percent of jobs, losing 65.5 percent of the jobs from 2001 to 2006. These have declined faster than the industry sector has gone through in the Colorado, where the industry felt a gain of 6.4 percent. The losses in the Specialized freight trucking industry in Morgan County outpaced the United States industry losses overall. During this period, the United States gained 6.8 percent in terms of employment in the Specialized freight trucking industry.

Top 5 Industries
1. Specialized freight trucking (65.5 percent decline)
2. Grocery and Related Product Wholesalers (58 percent decline)
3. Other specialty trade contractors (49.8 percent decline)
4. Machinery and supply merchant wholesalers (45.7 percent decline)
5. Drycleaning and laundry services (42.9 percent decline)

The total number of jobs has increased by 1.4 percent since the 2nd Quarter figures of 2001. This change is greater than growth in Colorado, experiencing a gain of 0.1 percent since 2001 ( 2nd Quarter). The gains felt were less than than the gain felt at the national level 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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