Sunday, October 29, 2006

Employment Report for New London County, Connecticut -- Annual 2005 Industry Summary

Administrative and waste services between the years 2001 and 2005, saw the greatest loss in employment in New London County. The industry lost a total of 609 jobs during the period, or 16.1 percent of jobs in the industry. The losses in this industry made up 27.8 percent of the total jobs loss in the County.

In New London County, Manufacturing, Health care and social assistance, and the Retail Trade sectors, in terms of total employment, are the largest. Manufacturing is the major employer in the county making up 19.4 percent of the total county employment. This totals 17,433 employees. The Health care and social assistance and Retail Trade sectors provide 16.3 and 16 percent of industry employment.

Management of companies and enterprises is the industry with the largest change in employment since the year 2001 in New London County, rising by 44.1 percent. This is greater than the rate of employment change across the nation of 1.6 percent. The State of Connecticut had an industry job change of -11.7 percent, during the period of 2001 to 2005.

Utilities is the industry with the largest establishments in New London County, with the industry averaging 119 jobs per establishment, which is greater than the industry's average in the United States of 34 and greater than the Connecticut typical size of 57 for the Utilities industry.

In New London County, Utilities, Manufacturing and Agriculture, forestry, fishing and hunting industries have the highest United States location quotient (LQ). The Utilities industry has an LQ of 3.18. The percent of employment in the Utilities sector is 3.18 times greater than the national average, signifying that New London may be an exporter of products or services of Utilities.







Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).

0 Comments:

Post a Comment

<< Home

 

About - © 2007 Ecanned.com  - Contact