Friday, February 23, 2007

New Castle County Five-Year Industry Employment Change

Total Five-Year Employment Growth in New Castle County

From the industries (4-digit NAICS) in the area, the Nondepository credit intermediation industry has added the most employment with 9,543 jobs added during the time period. These new jobs in the Nondepository credit intermediation industry makes up 32.6 percent of the total employment growth in New Castle County.

Top 5 Industries
1. Nondepository credit intermediation (9,543 new jobs)
2. Full-service restaurants (1,735 new jobs)
3. Residential building construction (1,329 new jobs)
4. Activities related to credit intermediation (1,310 new jobs)
5. Other financial investment activities (1,000 new jobs)

In New Castle County, Delaware, the total number of jobs throughout all industries has decreased by 6,431 jobs from mid-2001 to mid-2006.

Given the 145 4-digit NAICS industries, 78 showed an escalation in the number employed, while 67 industry sectors accounting for employment declines during that time period.

Total Five-Year Employment Decline in New Castle County

Given the industries in the area, the Depository credit intermediation industry experienced most substantial job loss, losing 7,951 jobs during the time period. The jobs lost in the Depository credit intermediation industry make up 20.8 percent of the employment lost during the period in New Castle County, Delaware.

Top 5 Industries
1. Depository credit intermediation (7,951 jobs lost)
2. Management of companies and enterprises (7,523 jobs lost)
3. Scientific research and development services (3,557 jobs lost)
4. Employment services (3,219 jobs lost)
5. Spectator sports (1,492 jobs lost)

New Castle County Five-Year Percentage Decline in Employment

The Waste treatment and disposal industry has lost the largest percent of jobs, losing 86.7 percent from 2001 (Q2) to 2006 (Q2). The losses of the area have declined slower than the industry has experienced in the State of Delaware, where the industry sector experienced a loss of 87 percent. The losses in the Waste treatment and disposal industry in New Castle County outpaced the United States in terms of percentage decline of industry employment. In this period, the United States lost 14.8 in percent of jobs in the Waste treatment and disposal industry.

Top 5 Industries
1. Waste treatment and disposal (86.7 percent decline)
2. Spectator sports (84.7 percent decline)
3. Specialized design services (69.4 percent decline)
4. Taxi and limousine service (66.4 percent decline)
5. Drinking places, alcoholic beverages (59.9 percent decline)

New Castle County Five-Year Percentage Growth in Employment

The Educational support services industry has experienced the largest percentage growth, expanding by 568.2 percent from 2001 to 2006. This industry in New Castle County has expanded faster than the industry job growth experienced in Delaware, where it saw a gain of 505.4 percent. The Educational support services industry in New Castle County outpaced the nation in terms of industry employment growth . During this period, the nation gained 70.7 percent of the employment in this industry.

Top 5 Industries
1. Educational support services (568.2 percent gain)
2. Waste collection (414.5 percent gain)
3. Electronic shopping and mail-order houses (250.0 percent gain)
4. Nondepository credit intermediation (227.7 percent gain)
5. Electronic markets and agents and brokers (210.6 percent gain)

Total industry employment has decreased by 2.5 percent since the 2nd Quarter figures of 2001. This change is greater than percent in Delaware, which went through a gain of 2.7 percent since 2001 ( 2nd Quarter). The losses were greater 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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