Thursday, February 22, 2007

Connecticut Five-Year Industry Employment Change

The State of Connecticut: Five-Year Percentage Growth in Employment

The Activities related to credit intermediation industry has seen the largest percentage job growth, expanding by 96.6 percent from 2001 (2nd quarter) to 2006 (2nd quarter). The Activities related to credit intermediation industry in Connecticut outpaced the United States, which experienced a gained 49.5 percent.

Top 5 Industries
1. Activities related to credit intermediation (96.6 percent gain)
2. Petroleum and coal products manufacturing (75.3 percent gain)
3. Other general merchandise stores (69.8 percent gain)
4. Nonscheduled air transportation (68.4 percent gain)
5. Other ground passenger transportation (63.6 percent gain)

Total industry employment has decreased by 0.4 percent since the 2nd Quarter figures of 2001. This change is greater than than the gain felt at the national level of 2.6 percent.

The State of Connecticut: Five-Year Percentage Decline in Employment

The Audio and video equipment manufacturing industry has lost the largest amount of employment in terms of percentage, losing 83.3 percent from 2001 (2nd Quarter) to 2006 (2nd Quarter). The losses in the Audio and video equipment manufacturing industry in Connecticut outpaced the United States industry losses overall. During this period, the United States lost 32.7 in percent of jobs in the Audio and video equipment manufacturing industry.

Top 5 Industries
1. Audio and video equipment manufacturing (83.3 percent decline)
2. Farm product raw material merch. whls. (82.6 percent decline)
3. Unclassified (73 percent decline)
4. Cut and sew apparel manufacturing (68.6 percent decline)
5. Scenic and sightseeing transportation, water (59.2 percent decline)

The counties in the State of Connecticut in terms of employment growth percent from the 2nd quarter of 2001 to the 2nd quater of 2006, range from a 4.1 percent job gained in New London County to a low of a 4.0 percent job lost in Litchfield County.

Top four counties in terms of highest industry employment growth percent in the Connecticut
Industry Employment Growth Percent


1. New London County (4.1 percent gain)
2. Middlesex County (2.1 percent gain)
3. Windham County (1.0 percent gain)
4. New Haven County (0.6 percent gain)


From the 275 industries with industry data reported by the BLS in each quarter, 172 showed an escalation in the number employed, while 103 industries reported employment loss in the period.

Total Five-Year Employment Decline in the State of Connecticut

Given the industries in the area, the Wired telecommunications carriers industry has lost the most employment with a total loss of 3,580 jobs during the time period. The jobs lost in the Wired telecommunications carriers industry make up 4.1 percent of the total job loss in Connecticut.

Top 5 Industries
1. Wired telecommunications carriers (3,580 jobs lost)
2. Computer systems design and related services (3,459 jobs lost)
3. Grocery stores (2,810 jobs lost)
4. Depository credit intermediation (2,561 jobs lost)
5. Power generation and supply (2,455 jobs lost)

Total Five-Year Employment Growth in the State of Connecticut

The Limited-service eating places industry has grown the most with 6,321 new jobs created in the period. The job growth in the Limited-service eating places industry makes up 8.0 percent of the total number of new jobs in Connecticut.

Top 5 Industries
1. Limited-service eating places (6,321 new jobs)
2. Full-service restaurants (5,660 new jobs)
3. Individual and family services (4,472 new jobs)
4. General medical and surgical hospitals (4,356 new jobs)
5. Electronic markets and agents and brokers (3,153 new jobs)

In the State of Connecticut, the total number of workers for all sectors has decreased by 5,729 total jobs from 2001 to 2006.

According to the Bureau of Labor Statistics, the counties in the State of Connecticut in terms of total employment growth from the 2nd quarter of 2001 to the 2nd quater of 2006, range from 3,587 total jobs gained in New London County to a low of 4,867 jobs lost in Fairfield County.

Top four counties in terms of highest total industry employment growth in the Connecticut
Total Industry Employment Growth


1. New London County (3,587 jobs gained)
2. New Haven County (1,972 jobs gained)
3. Middlesex County (1,257 jobs gained)
4. Windham County (327 jobs gained)


About: This report is part 1 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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