Sunday, February 11, 2007

New Haven-Milford Five-Year Industry Employment Change

Total Five-Year Employment Growth in the New Haven-Milford Metro Area

The Colleges and universities industry has grown the most with 1,823 new jobs created in the period. The job growth in the Colleges and universities industry makes up 6.7 percent of the total number of new jobs in New Haven-Milford.

Top 5 Industries
1. Colleges and universities (1,823 new jobs)
2. Limited-service eating places (1,804 new jobs)
3. General medical and surgical hospitals (1,641 new jobs)
4. Full-service restaurants (1,605 new jobs)
5. Clothing stores (1,391 new jobs)

Total Five-Year Employment Decline in the New Haven-Milford Metro Area

Of the area's industries (4-digit NAICS), the Wired telecommunications carriers industry experienced most substantial job loss, losing 1,836 jobs in that time period. The declines in the Wired telecommunications carriers industry make up 7.7 percent of the total employment decline in New Haven-Milford, CT.

Top 5 Industries
1. Wired telecommunications carriers (1,836 jobs lost)
2. Pharmaceutical and medicine manufacturing (1,365 jobs lost)
3. Grocery stores (1,362 jobs lost)
4. Motor vehicle parts manufacturing (1,243 jobs lost)
5. Computer systems design and related services (989 jobs lost)

In the New Haven-Milford, CT metro area, the entire sum of jobs in all of the industries has increased by 1,972 total jobs between the 2nd Quarter of 2001 and 2nd Quarter of 2006.

Given the 195 industries with industry data reported by the BLS in each quarter, 97 described an expansion of jobs throughout the time period, while 98 industries reported a drop in employment.

Employment for all industries has increased by 0.6 percent from the reported values in 2001. These values are less than growth in Connecticut, which experienced a loss of 0.4 percent from 2001 (2nd Quarter). The gains felt were less than than the gain seen for the United States of 2.6 percent.

The New Haven-Milford Metro Area: Five-Year Percentage Growth in Employment

The Freight transportation arrangement industry has witnessed the largest percentage of employment expansion, increasing by 325.5 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in New Haven-Milford has increased employment faster than the overall industry growth seen in the State of Connecticut, where the industry felt a gain of 12.9 percent. The Freight transportation arrangement industry in New Haven-Milford outpaced the nation in terms of industry employment growth . During this period, the nation gained 0.6 percent in this industry.

Top 5 Industries
1. Freight transportation arrangement (325.5 percent gain)
2. Medical and diagnostic laboratories (205.4 percent gain)
3. Activities related to credit intermediation (148.8 percent gain)
4. ISPs and web search portals (108.4 percent gain)
5. Other general merchandise stores (95.0 percent gain)

The New Haven-Milford Metro Area: Five-Year Percentage Decline in Employment

The Rubber product manufacturing industry has seen the largest percentage drop in employment, losing 82.4 percent of the jobs from the 2nd quarter of 2001 to 2nd quarter of 2006. The losses of the area have declined faster than the industry has seen in the Connecticut, where the industry felt a loss of 37.3 percent. The losses in the Rubber product manufacturing industry in New Haven-Milford outpaced the United States industry losses overall. During this period, the United States lost 19.4 in percent of jobs in the Rubber product manufacturing industry.

Top 5 Industries
1. Rubber product manufacturing (82.4 percent decline)
2. Unclassified (70.8 percent decline)
3. Land subdivision (57.7 percent decline)
4. Other heavy construction (55 percent decline)
5. Commercial and service industry machinery (54.1 percent decline)

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